NOT LISTED FOR SALE

7424 Terrace Dr Unit 46 Justice, IL 60458

Estimated Value: $265,000 - $290,186

2 Beds
3 Baths
1,500 Sq Ft
$182/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $200,000 $133 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,123/month

1 Day on Market

Highlights

  • Living Room with Fireplace
  • Attached Garage
  • Resident Manager or Management On Site
  • Argo Community High School Rated A-

About This Home

As of December 2021

Don't miss this immaculately maintained end unit in The Arbors of Justice subdivision! This two story townhouse has 2 bedrooms / 2.5 bathrooms and features a large lofted area, gas fireplace, wood laminate flooring, newer appliances, side patio, and a completely finished basement. The basement has a full bathroom and a room that could easily be converted to a 3rd bedroom by adding a closet. The roof was replaced within the last 10 years and the sliding glass door was replaced within the last 3 years. Close to expressways, schools, entertainment, and shopping! Don't forget to follow the link to the virtual tour!

Last Agent to Sell the Property

Doyle Caffrey

Coldwell Banker Realty License #475190747 Listed on: 09/17/2021

Coldwell Banker Realty

Last Buyer's Agent

Nathan Tavarez

HomeSmart Realty Group License #475171866

HomeSmart Realty Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,333

Year Built

  • 1997

Lot Details

  • 6

HOA Fees

  • $201 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Interior Spaces

  • Blinds
  • Living Room with Fireplace
  • Finished Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units
  • Anita Newhouse Association, Phone Number (708) 429-0004
  • Property managed by Weaver Realty and Management

Pet Policy

  • Pets Allowed
  • Pets up to 30 lbs

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,333

Year Built

1997

Lot Details

0

HOA Fees

$201 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Townhouse-2 Story
  • Property Sub Type: Townhouse-2 Story
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • Directions: Archer to Heather Trails, head west to Arbor Lane, turn left on Arbor Lane, turn left on Terrace Drive and the unit is on the right.
  • Lot Size: 0
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Subdivision Name: Arbors of Justice
  • Special Features: None
  • Year Built: 1997

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full
  • Fireplace Features: Gas Log
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Square Footage Comments: All square footage is estimated and must be field verified.
  • Total Sq Ft: 0
  • Door Features: Sliding Doors,Storm Door(s)
  • Window Features: Blinds
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Wood Laminate Floors
  • Other Equipment: Central Vacuum
  • Dining Room Type: Loft
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Vinyl Siding,Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Electric: 100 Amp Service
  • Laundry Features: In Unit, Sink
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Weaver Realty and Management
  • Management Contact Name: Anita Newhouse
  • Management Phone: 708-429-0004
  • Association Fee: 201
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • High School: Argo Community High School
  • Junior High Dist: 217

Lot Info

  • Rural (Y/N): N
  • Special Assessments: N
  • Zero Lot Line: No
  • Additional Parcels: No

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 30

Multi Family

  • Units in Building: 4

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 4640.09
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Oct 14, 2021
Sold by
Conrad Danielle N
Bought by
Bhalla Simarjit
Seller's Agent
Doyle Caffrey
Coldwell Banker Realty
Buyer's Agent
Nathan Tavarez
HomeSmart Realty Group
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Current Estimated Value
$271,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,287
Avg. Annual Appreciation
7.95%
Original Mortgage
$6,000
Outstanding Balance
$5,573
Interest Rate
3.09%
Mortgage Type
Stand Alone Second
Estimated Equity
$259,842

Purchase Details

Closed on
Aug 28, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Conrad Danielle N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500
Interest Rate
4.08%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 5, 2014
Sold by
Palmer Mary E
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 17, 2006
Sold by
Miskowiec Marcin and Mietus Katarzyna
Bought by
Palmer Lisa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.73%
Mortgage Type
Unknown

Purchase Details

Closed on
May 30, 2003
Sold by
Majewski John Joseph
Bought by
Miskowiec Marcin and Mietus Katarzyna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 2, 2001
Sold by
Majewski John Joseph and Sullivan Madonna Edith
Bought by
Majewski John Joseph

Purchase Details

Closed on
Oct 4, 1999
Sold by
Majewski John J
Bought by
Majewski John J and Sullivan Madonna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.9%

Purchase Details

Closed on
Feb 3, 1997
Sold by
Standard Bank & Trust Company
Bought by
Majewski John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
7.92%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bhalla Simarjit $200,000 Fidelity National Title
Conrad Danielle N $145,000 First American Title
Federal Home Loan Mortgage Corporation -- Attorneys Title Guaranty Fun
Palmer Lisa J $235,000 Multiple
Miskowiec Marcin $182,000 First American
Majewski John Joseph -- --
Majewski John J -- --
Majewski John J $135,500 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhalla Simarjit $6,000
Previous Owner Bhalla Simarjit $190,000
Previous Owner Conrad Danielle N $7,500
Previous Owner Conrad Danielle N $137,500
Previous Owner Palmer Lisa J $144,450
Previous Owner Palmer Lisa J $150,000
Previous Owner Miskowiec Marcin $162,000
Previous Owner Majewski John J $25,000
Previous Owner Majewski John J $121,500
Closed Majewski John J $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $200,000 -11.1% $133 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $225,000 -- $150 / 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
2024 $5,333 $20,553 $2,095 $18,458
2023 $4,937 $20,553 $2,095 $18,458
2022 $4,937 $17,149 $2,095 $15,054
2021 $4,727 $17,149 $2,095 $15,054
2020 $4,640 $17,149 $2,095 $15,054
2019 $4,084 $14,706 $1,913 $12,793
2018 $3,901 $14,706 $1,913 $12,793
2017 $3,887 $14,706 $1,913 $12,793
2016 $3,299 $12,366 $1,639 $10,727
2015 $3,186 $12,366 $1,639 $10,727
2014 $3,343 $12,999 $1,639 $11,360
2013 $3,473 $14,409 $1,639 $12,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11218427

Midwest Real Estate Data (MRED)

APN: 18-26-102-054-1011