$311,000
SOLD JAN 31, 2025

720 W Terrace St Villa Park, IL 60181

3 Beds
2 Baths
1,602 Sq Ft
1961 Built

Recently Sold

$194 Per Sq Ft

52 Days on Market

Highlights

  • Hot Property
  • Community Lake
  • Property is near a park
  • Willowbrook High School Rated A
  • Screened Deck
  • Vaulted Ceiling

About This Home

As of January 2025

This right here is your opportunity, DON'T PASS IT UP! Bring your finishing ideas and decorating skills to this fully functional and livable Villa Park split level. This home is tucked away on a tranquil tree lined street, surrounded by 2 ponds. With a little TLC this diamond in the rough could easily convert to your forever home. Walking in you are greeted with tall vaulted ceilings and exposed beams and real hardwood floors. The kitchen is ample in size and while a touch outdated it is indeed still fully functional. Up stairs is where you will find 3 generous sized bedrooms all boasting real hardwood floors. The basement is home to the large family room and utility room. Step out back to your fully fenced yard offering a great 3 seasons room and large 2.5 car garage. This is a rare opportunity to start your financial freedom with a little sweat equity. The Home is being sold AS-IS!

Last Agent to Sell the Property

Jordan Heneghan

HomeSmart Connect LLC License #475163728 Listed on: 10/20/2024

HomeSmart Connect LLC

Co-Listed By

Denise Gombar

HomeSmart Connect LLC License #475190812

Last Buyer's Agent

Marina Aristodemo

Keller Williams Thrive License #475205927

Keller Williams Thrive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,028

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 130x63x100x70
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Detached Garage
  • Driveway

Home Design

  • Split Level Home
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Slate

Interior Spaces

  • 1,602 Sq Ft Home
  • Beamed Ceilings
  • Vaulted Ceiling
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Screened Deck
  • Enclosed patio or porch

Location

  • Property is near a park

Schools

  • Schafer Elementary School
  • Jefferson Middle School
  • Willowbrook High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Community Lake

Listing and Financial Details

  • Senior Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,028

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1961
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Partial, English
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 459
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Beamed Ceilings
  • LivingArea: 1602
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 1485
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1026
  • Basement Sq Ft: 576
  • Total Sq Ft: 1602
  • Unfinished Basement Sq Ft: 117
  • Upper Level Sq Ft: 576
  • Main Level Sq Ft: 450
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Screened Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 309900
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Slate

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 8.5
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Schafer Elementary School
  • High School: Willowbrook High School
  • Middle/Junior School: Jefferson Middle School
  • Middle/Junior School District: 45

Lot Info

  • Lot Dimensions: 130X63X100X70
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5028
  • Tax Year: 2023
  • Tax Exemptions: Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2024
Closed on
Jan 28, 2025
Sold by
Strange Josephine
Bought by
Anto Annamma
Seller's Agent
Jordan Heneghan
HomeSmart Connect LLC
Buyer's Agent
Marina Aristodemo
Keller Williams Thrive
List Price
$309,900
Sold Price
$311,000
Premium/Discount to List
$1,100
0.35%
Views
474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$15,550
Outstanding Balance
$9,428
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$309,288
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $311,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $15,550 New Conventional
Open $305,367 FHA
Previous Owner $162,340 New Conventional
Previous Owner $98,000 Unknown
Previous Owner $50,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 For Sale $405,000 +30.2% $253 / Sq Ft
01/31/2025 01/31/25 Sold $311,000 0.0% $194 / Sq Ft
01/15/2025 01/15/25 Off Market $311,000 -- --
12/11/2024 12/11/24 Pending -- -- --
12/06/2024 12/06/24 Price Changed $309,900 0.0% $193 / Sq Ft
12/06/2024 12/06/24 For Sale $309,900 -1.6% $193 / Sq Ft
12/03/2024 12/03/24 Pending -- -- --
11/26/2024 11/26/24 For Sale $315,000 0.0% $197 / Sq Ft
11/08/2024 11/08/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $315,000 0.0% $197 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
10/20/2024 10/20/24 For Sale $315,000 -- $197 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $5,028 $80,210 $12,060 $68,150
2022 $5,139 $77,100 $11,590 $65,510
2021 $3,120 $75,180 $11,300 $63,880
2020 $3,119 $73,530 $11,050 $62,480
2019 $3,073 $69,910 $10,510 $59,400
2018 $4,084 $61,850 $9,300 $52,550
2017 $3,363 $58,940 $8,860 $50,080
2016 $3,810 $55,530 $8,350 $47,180
2015 $3,710 $51,730 $7,780 $43,950
2014 $4,102 $56,210 $14,940 $41,270
2013 $3,918 $57,000 $15,150 $41,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12192813

Midwest Real Estate Data (MRED)

APN: 06-04-301-035