NOT LISTED FOR SALE

9042 Terrace Place Des Plaines, IL 60016

Estimated Value: $329,000 - $372,000

3 Beds
2 Baths
1,638 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $345,000 $211 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,513/month

34 Days on Market

Highlights

  • Vaulted Ceiling
  • Skylights
  • Central Air
  • Maine East High School Rated A

About This Home

As of August 2024

Motivated Sellers!!! All Offers Welcome! This is a One of a Kind 3-bed and 2-Full Bath Home! It is a True Corner Unit with 2 Private Entrances, with a possibility of a 3rd private entrance! The property includes a Private Driveway along with a 1 car Parking Spot in the back. This is the perfect home not only for your own private oasis but it also has ample space for entertaining. The spacious living room boasts vaulted ceilings with a custom sponge painted focal wall. Hardwood floors flow throughout the three floors. Heading upstairs to 3 bedrooms and a full bathroom with a Skylight. 2nd bedroom has built in storage, and 3rd bedroom includes a large wardrobe. Lower level boasts custom built ins, perfect for an additional family room, office, or workout space. The kitchen and dining room are on the main floor! As this is a corner unit, there is copious amounts of natural light flowing in from the living room, dining room, as well as the kitchen. Stepping out onto the fully wood fenced yard, there is plenty of patio space to entertain or have a quiet dinner with loved ones. Yard includes a fruit bearing Pear Tree. Space is big enough to add a pool if your heart desires! Shed included. Loads of additional storage space included on lower level. Conveniently located near Parks, Shopping, Restaurants, Hospital, Public Transportation, and the Interstate Highways. NO ASSOCIATION!

Last Agent to Sell the Property

Vishna Patel

ARNI Realty Incorporated License #475182385 Listed on: 05/29/2024

ARNI Realty Incorporated

Last Buyer's Agent

Odisho Kena

Selective Realty Services Inc License #471012353

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,592

Year Built

  • Built in 1964 | Remodeled in 2002

Lot Details

  • 4,356

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,638 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Skylights

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Parking

  • 1 Parking Space
  • Driveway
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Mark Twain Elementary School
  • Gemini Junior High School
  • Maine East High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,592

Year Built

Built in 1964 | Remodeled in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-TriLevel
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Townhouse-TriLevel
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2002
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3
  • Year Renovated: 2002

Interior Features

  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings
  • LivingArea: 1638
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Window Features: Skylight(s)

Exterior Features

  • List Price: 349000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Driveway
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Mark Twain Elementary School
  • High School: Maine East High School
  • Middle/Junior School: Gemini Junior High School
  • Middle/Junior School District: 63

Lot Info

  • Lot Dimensions: 4340
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6592
  • Tax Year: 2022

Multi Family

  • Units in Building: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Aug 3, 2024
Sold by
Patel Vibha V and Patel Vinod M
Bought by
Marokel Styoart and Yonan Asha
Seller's Agent
Vishna Patel
ARNI Realty Incorporated
Buyer's Agent
Odisho Kena
Selective Realty Services Inc
List Price
$388,000
Sold Price
$345,000
Premium/Discount to List
-$43,000
-11.08%
Views
125
Current Estimated Value
$354,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,853
Avg. Annual Appreciation
2.77%
Original Mortgage
$338,751
Outstanding Balance
$335,755
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$19,098

Purchase Details

Closed on
Nov 7, 2023
Sold by
Patel Vinod M and Patel Vibha V
Bought by
Patel Vinod M and Patel Vibha V

Purchase Details

Closed on
May 16, 1996
Sold by
Lee Se
Bought by
Patel Vinod M and Patel Vigha V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.1%

Purchase Details

Closed on
May 5, 1996
Sold by
Lee Eun Kyong
Bought by
Lee Se

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.1%
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
Marokel Styoart $345,000 Alltech National Title
Patel Vinod M -- None Listed On Document
Patel Vinod M $123,000 --
Lee Se -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marokel Styoart $338,751
Previous Owner Patel Vinod M $155,000
Previous Owner Patel Vinod M $106,000
Previous Owner Patel Vinod M $80,000
Previous Owner Patel Vinod M $30,000
Previous Owner Patel Vinod M $168,750
Previous Owner Patel Vinod M $196,000
Previous Owner Patel Vinod M $195,000
Previous Owner Patel Vinod M $200,000
Previous Owner Patel Vinod M $200,000
Previous Owner Patel Vinod M $72,000
Previous Owner Patel Vinod M $60,500
Previous Owner Patel $43,000
Previous Owner Patel Vinod M $35,000
Previous Owner Patel Vinod M $191,200
Previous Owner Patel $193,500
Previous Owner Patel Vinod M $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2024 08/12/24 Sold $345,000 -1.1% $211 / Sq Ft
07/04/2024 07/04/24 Pending -- -- --
06/27/2024 06/27/24 Price Changed $349,000 -5.2% $213 / Sq Ft
06/20/2024 06/20/24 Price Changed $368,000 -5.2% $225 / Sq Ft
05/30/2024 05/30/24 For Sale $388,000 -- $237 / 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 $6,961 $29,000 $5,000 $24,000
2023 $6,593 $29,000 $5,000 $24,000
2022 $6,593 $29,000 $5,000 $24,000
2021 $5,168 $19,787 $4,340 $15,447
2020 $5,117 $19,787 $4,340 $15,447
2019 $5,007 $21,986 $4,340 $17,646
2018 $4,899 $19,365 $3,797 $15,568
2017 $4,849 $19,365 $3,797 $15,568
2016 $4,774 $19,365 $3,797 $15,568
2015 $4,898 $18,468 $3,255 $15,213
2014 $4,743 $18,468 $3,255 $15,213
2013 $4,648 $18,468 $3,255 $15,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12068148

Midwest Real Estate Data (MRED)

APN: 09-15-208-025-0000