NOT LISTED FOR SALE

701 Terra Springs Way Dr Fairview Heights, IL 62208

Estimated Value: $357,000 - $371,000

4 Beds
4 Baths
2,641 Sq Ft
$137/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $300,000 $114 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,531/month

46 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Formal Dining Room
  • Schaefer Elementary School Rated A-
  • Covered Patio or Porch
  • 2 Car Attached Garage

About This Home

As of October 2022

THIS TWO-STORY HOME LOCATED IN FOUNTAIN PLACE SUBDIVSION HAS BEEN WELL MAINTAINED & IS WITHIN WALKING DISTANCE OF THE COMMUNITY POOL! This spacious floor plan offers a hardwood foyer entry that opens to the family room w/ wood burning fireplace & a sitting area that can be used as a formal dining room or living room. The eat-in kitchen features wood floors, a breakfast bar, pantry, a planning desk & a sliding glass door that leads to the patio & large backyard. Upstairs is a large, vaulted master bedroom w/ a walk-in closet & full bathroom plus three other ample sized bedrooms. The basement has been nicely finished w/ a rec room, built in bar, 1/2 bathroom & still plenty of space for storage. Other features include all NEW fresh paint throughout, corner lot, covered front porch, oversized 2-car garage & more. You will love the community pool, stocked ponds, walking trail & soccer/baseball fields! Close to interstate, shopping, restaurants & Scott AFB!

Last Agent to Sell the Property

Janell Schmittling

Homes By Janell License #471.020450 Listed on: 08/20/2022

Last Buyer's Agent

Steven White

RE/MAX Alliance License #475164660

RE/MAX Alliance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,191

Year Built

  • Built in 2007

Lot Details

  • 0.29 Acre Lot
  • Corner Lot
  • Level Lot

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Sliding Doors
  • Family Room with Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Ofallon Dist 90 Elementary And Middle School
  • Ofallon High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-22.0-209-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,191

Year Built

Built in 2007

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Style: 2 Story
  • Special Description: Owner Occupied
  • Age: 15
  • Ownership: Private
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Bathroom in LL, Full
  • Dining Room: Separate Dining
  • Fireplace Location: Family Room
  • Fireplace Type: Woodburning Fireplce
  • Interior Amenities: Some Carpeting, Walk-In Closets, Some Wood Floors
  • Kitchen: Breakfast Bar, Eat-In Kitchen, Pantry
  • Lower Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Misc Features: Patio, Porch-Covered
  • Total Living Area: 2641.00
  • Windows/Doors: Sliding Glass Doors
  • Bathrooms: 4.00
  • Bedrooms: 4.00
  • Square Footage: 2141
  • Square Footage Below Grade: 500
  • Total Full Baths: 2
  • Total Half Baths: 2
  • Number Fireplaces: 1

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking: Attached Garage, Garage Door Opener

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric
  • Heating: Forced Air

Condo/Co-op/Association

  • Association Fee: 450
  • Association Fee Frequency: Yearly

Schools

  • School District: O Fallon DIST 90
  • Elementary School: OFALLON DIST 90
  • Middle School: OFALLON DIST 90
  • High School: OFallon
  • Elementary School: OFALLON DIST 90
  • Junior High School: OFALLON DIST 90
  • School District: O Fallon DIST 90
  • Senior High School: OFallon

Lot Info

  • Lot Description: Corner Lot, Level Lot, Sidewalks
  • Lot Dimensions: .283
  • Lot Sq Ft: 12632
  • Acres: 0.2900

Tax Info

  • Taxes Paid: 5214
  • Taxes Paid Year: 2020
  • Assessor Parcel Number: 03-22.0-209-021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2022
Closed on
Sep 23, 2022
Sold by
Whitmore Jonathan and Whitmore Nicole
Bought by
Lim Nam Kun and Lim Song K
Seller's Agent
Janell Schmittling
Homes By Janell
Buyer's Agent
Steven White
RE/MAX Alliance
List Price
$275,000
Sold Price
$300,000
Premium/Discount to List
$25,000
9.09%
Views
15
Current Estimated Value
$362,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,815
Avg. Annual Appreciation
5.46%
Original Mortgage
$270,000
Outstanding Balance
$262,258
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$86,791

Purchase Details

Listed on
Feb 22, 2018
Closed on
Apr 2, 2018
Sold by
Miles Scott and Miles Lori
Bought by
Whitmore Jonathan and Whitmore Nicole
Seller's Agent
Janell Schmittling
Homes By Janell
Buyer's Agent
Janell Schmittling
Homes By Janell
List Price
$222,500
Sold Price
$218,000
Premium/Discount to List
-$4,500
-2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$174,400
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2007
Sold by
Vantage Homes Of Illinois Llc
Bought by
Miles Scott and Miles Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,750
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2007
Sold by
Vantage Development Co
Bought by
Vantage Homes Of Illinois Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,750
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lim Nam Kun $300,000 Community Title
Whitmore Jonathan $218,000 Community Title Shiloh Llc
Miles Scott $206,500 Benchmark Title Company
Vantage Homes Of Illinois Llc $2,241,000 Benchmark Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim Nam Kun $270,000
Previous Owner Whitmore Jonathan $161,000
Previous Owner Whitmore Jonathan $174,400
Previous Owner Miles Scott $205,000
Previous Owner Miles Scott $209,648
Previous Owner Miles Scott $206,552
Previous Owner Miles Scott $154,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $300,000 +9.1% $114 / Sq Ft
08/20/2022 08/20/22 For Sale $275,000 +26.1% $104 / Sq Ft
04/06/2018 04/06/18 Sold $218,000 -2.0% $83 / Sq Ft
02/25/2018 02/25/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $222,500 -- $84 / Sq Ft
Source: MARIS MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $6,191 $86,675 $18,093 $68,582
2022 $5,485 $81,213 $17,733 $63,480
2021 $5,283 $77,082 $16,831 $60,251
2020 $5,214 $73,016 $15,943 $57,073
2019 $5,072 $73,016 $15,943 $57,073
2018 $5,024 $72,135 $15,784 $56,351
2017 $4,937 $69,208 $15,144 $54,064
2016 $4,901 $67,645 $14,802 $52,843
2014 $4,359 $64,463 $14,643 $49,820
2013 $4,474 $65,651 $14,913 $50,738
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22054802

MARIS MLS

APN: 03-22.0-209-021