Seller's Agent in 2024
Gregory Martin
Coldwell Banker Realty
(412) 760-2492
107 Total Sales
Estimated Value: $243,000 - $253,000
2
Beds
2
Baths
1,340
Sq Ft
$625/mo
HOA Fee
Highlights
- In Ground Pool
- Clubhouse
- Built-In Features
- Maine East High School Rated A
- Elevator
- Intercom
About This Home
As of May 2024IF YOU'RE LOOKING FOR LOTS OF STORAGE ROOM, THEN THIS IS THE CONDO FOR YOU! LARGEST MODEL BUILT IN TERRACE SQUARE. ORIGINAL 3-BEDROOM & 2-1/2 BATH CONDO CONVERTED TO A HUGE 2-BEDROOM, 2 FULL BATH. NEW IN-UNIT WASHER & DRYER IN 8X7 UTILITY ROOM. KITCHEN ISLAND WITH CORIAN COUNTER, SEATS 3 BAR STOOLS. WALL-TO-WALL, FLOOR-TO-CEILING BUILT-IN CLOSETS OFF KITCHEN IN THE DINING AREA (SEE PHOTO). THE MASTER BEDROOM SUITE INCLUDES A 6X6 LIGHTED DRESSING AREA AND A GIANT 9X8 WALK-IN CLOSET WITH BUILT-INS. LINEN CLOSET ACROSS FROM THE DOUBLE SINK AREA. THE ORIGINAL HALF BATHROOM WAS CONVERTED TO A LARGE STORAGE ROOM; IT CAN BE CONVERTED BACK TO A HALF BATH AS THE PLUMBING IS STILL THERE. SECOND BEDROOM HAS LOTS OF BUILT-INS IN THE CLOSETS. EXTRA CLOSET IN THE HALLWAY. ALL 3 A/C UNITS STAY. PRIVATE, FENCED-IN PATIO. TWO COMMON AREA STORAGE LOCKERS ON THE SAME FLOOR. LOW ELECTRIC BILLS ON AVERAGE OF $70 PER MONTH. THE PROPERTY TAXES REFLECT THE HOMEOWNERS/HOMESTEAD EXEMPTION PLUS THE SENIOR CITIZEN AND SENIOR TAX FREEZE TOO. BUYER MUST OCCUPY CONDO FOR 2 YEARS TO BE PERMITTED TO LEASE. ENJOY LARGE ELABORATE CLUBHOUSE WITH POOL & FOOSBALL TABLES, KITCHENETTE, AVAILABLE FOR ENTERTAINING. GREAT POOL, GUESTS WELCOME. WALK 1 BLOCK TO A COVERED BUS STOP. THE NILES FREE BUS PICKS UP AND DROPS OFF THROUGHOUT THE COMPLEX. MINUTES FROM 294. ON-SITE MANAGEMENT OFFICE WITH FRIENDLY STAFF. M-F, 9-5. LOTS OF PARKING, TAGS PROVIDED.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $334
Year Built
- Built in 1980
Lot Details
- 15
HOA Fees
- $625 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Tar and Gravel Roof
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,340 Sq Ft Home
- Built-In Features
- Ceiling Fan
- Combination Dining and Living Room
- Storage
- Intercom
Kitchen
- Electric Oven
- Electric Cooktop
- Range Hood
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Driveway
- Parking Included in Price
- Unassigned Parking
Accessible Home Design
- Accessible Kitchen
- Accessibility Features
Outdoor Features
- In Ground Pool
- Patio
- Outdoor Storage
Schools
- Apollo Elementary School
- Gemini Junior High School
- Maine East High School
Utilities
- 3+ Cooling Systems Mounted To A Wall/Window
- Baseboard Heating
- 100 Amp Service
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
- 84 Units
- Marcel Association, Phone Number (847) 699-1324
- Terrace Square Subdivision
- Property managed by Terrace Square Condominiums
- 6-Story Property
Amenities
- Common Area
- Clubhouse
- Party Room
- Coin Laundry
- Elevator
- Community Storage Space
Recreation
- Community Pool
Pet Policy
- Pets up to 30 lbs
- Limit on the number of pets
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 19, 2024
Closed on
May 21, 2024
Sold by
Johnson Linda
Bought by
Cruz Gustavo and Cruz Jasmin
Seller's Agent
Gregory Martin
Coldwell Banker Realty
Buyer's Agent
Petro Escobar
Interstate Team Realty LLC
List Price
$234,900
Sold Price
$235,000
Premium/Discount to List
$100
0.04%
Total Days on Market
8
Views
47
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,923
Avg. Annual Appreciation
6.25%
Original Mortgage
$188,000
Outstanding Balance
$186,340
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$62,583
Purchase Details
Closed on
Oct 12, 2005
Sold by
Kent Charlotte C
Bought by
Johnson Lin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cruz Gustavo | $235,000 | None Listed On Document | |
| Johnson Lin | $225,000 | Pntn |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cruz Gustavo | $188,000 | |
| Previous Owner | Johnson Lin | $91,000 | |
| Previous Owner | Johnson Linda | $111,698 | |
| Previous Owner | Johnson Lin | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2024 05/23/24 | Sold | $235,000 | 0.0% | $175 / Sq Ft |
| 04/28/2024 04/28/24 | Pending | -- | -- | -- |
| 04/24/2024 04/24/24 | For Sale | $234,900 | 0.0% | $175 / Sq Ft |
| 04/22/2024 04/22/24 | Pending | -- | -- | -- |
| 04/19/2024 04/19/24 | For Sale | $234,900 | -- | $175 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $334 | $19,183 | $1,259 | $17,924 |
| 2023 | $334 | $19,183 | $1,259 | $17,924 |
| 2022 | $334 | $19,183 | $1,259 | $17,924 |
| 2021 | $391 | $16,307 | $1,936 | $14,371 |
| 2020 | $345 | $16,307 | $1,936 | $14,371 |
| 2019 | $334 | $17,953 | $1,936 | $16,017 |
| 2018 | $374 | $11,999 | $1,694 | $10,305 |
| 2017 | $365 | $11,999 | $1,694 | $10,305 |
| 2016 | $896 | $11,999 | $1,694 | $10,305 |
| 2015 | $1,027 | $8,270 | $1,452 | $6,818 |
| 2014 | $968 | $8,270 | $1,452 | $6,818 |
| 2013 | $1,461 | $8,270 | $1,452 | $6,818 |
Source: Public Records
Agents Affiliated with this Home
-
Gregory Martin
-
Petro Escobar
Buyer's Agent in 2024
Petro Escobar
Interstate Team Realty LLC
(773) 282-9989
46 Total Sales
Map
Similar Homes in the area
Source: Midwest Real Estate Data (MRED)
MLS Number: 12034513
APN: 09-10-401-100-1333
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