When was property at 1023 Terrace Lane built and last sold?

The property at 1023 Terrace Lane was built in 1979 and last sold on Oct 20, 2021 for $647,000.

How much is this home worth?

The estimated value of the home located at 1023 Terrace Lane is $0.

What are some comparable homes to 1023 Terrace Lane?

There are currently no comparable homes to 1023 Terrace Lane.

Glenview

60025

1023 Terrace Lane

$647,000

● House - Off Market

1023 Terrace Lane

Glenview, IL 60025

4 Beds

4 Baths, 1 Half Bath

3,400 Ft²

$784,441

RealtyHop Estimate

12.55%

Since Nov 1, 2021

National-US

Primary Model

About This Property

Close to downtown Glenview, The Glen shops/restaurants and the Metra. Incredible custom 3,400 appx square foot home with additional 1,500 appx square foot finished basement with updated full bath. This spacious home sits on appx 1/3 of an acre lot in award-winning School District 34 and 225. Huge living room with vaulted ceiling and spacious dining area. Kitchen and family room boast a wood-burning fireplace for those cozy winter nights. Four large bedrooms on the second floor, with a primary ensuite bath and large guest bath. Lot is appx 270 feet deep with plenty of patio and green space for your outdoor entertaining needs. Close to Flick Park. This home has everything you have been looking for and more - come see it now.

Unit Size

3,400 Ft²

Days on Market

Land Size

0.37 acres

Price per sqft

$205

Property Type

House

Property Taxes

$1,329

HOA Dues

Year Built

1979

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Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11156734)

Price History

Date / Event	Date	Event
Oct 22, 2021	Sold	Premium
Sold
Jul 15, 2021	Listed by Berkshire Hathaway HomeServices Chicago	$697,000
Listed by Berkshire Hathaway HomeServices Chicago

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1979

Effective Year Built: 1979
Building Count: 1
Total Rooms: 8
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 60
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 16,116

Total Building Area: 3,273
Gross Building Area: 3,273
Building Area: 3,273
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 24
Heated Square Feet: 3,273
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: SEMARS GLENVIEW
Land Acres: 0000000370
Standard Land Use Code: 1001
County Land Use Code: 2-78
Legal Description 1: (SEMARS) (GLENVIEW) TERRACE SUB OF PT OF SW NW SEC 34-42-12

Neighborhood

School District Name: Northfield Township High School District 225

Census Tract: 802002

Geography

District: 25

Parcel: 04-34-103-051-0000
Lot: 1
Meridian: SEC 34 TWN 42N RNG 12E
Municipality: NORTHFIELD
Latitude: 42.0738
Longitude: -87.8269

Address

Full Address: 1023 Terrace Ln

Address - House Number: 1023
Address - Street Name: Terrace
Address - Suffix Type: Ln
State: IL
City Name: Glenview
Carrier Code: C030
4-Digit Zip Code: 2754
Zip Code: 60025

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,324,540
Tax Rate Code Area: 25038

Appraisal Valuation

Standard Deviation: 0.2028

Valuation Date: Mar 20, 2024
Confidence Score: 72
Final Value: 741,091
High Value: 891,398
Low Value: 590,784

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Due Date:

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Second Open Lien Mortgage Lender:

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Second Open Lien Mortgage Recording Date:

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Second Open Lien Mortgage Loan Amount:

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Second Open Lien Mortgage Term:

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Second Open Lien Mortgage Position:

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Second Open Lien Mortgage Loan Type:

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Second Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $650,000

Market Land Value: $257,860
Market Improvement Value: $392,140

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $65,000
Assessed Land Value: $25,786
Assessed Improvements Value: $39,214

Sales

Current Sale Contract Date: Oct 20, 2021

Current Sale Recording Date: Oct 26, 2021
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 2129925330
Previous Sale Recording Date: Nov 07, 2000
Previous Sale Contract Date: Oct 26, 2000
Previous Sale Amount: $510,000
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Transaction Date:

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Previous Mortgage Financing Type:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Glenview

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$329

Below Asking

0.01%

Average Days on Market

Average Home Size

2683 ft²

Average Home Age

43.1 years

Currently For Sale

63 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 7125 Simpson Street, Morton Grove, IL, 60053

$3,795 /mo

4 Beds
2 Baths
1,450 ft²

7125 Simpson Street, Morton Grove, IL, 60053 Listing by Marla Schneider

Unit for rent at 3402 Winnetka Road, Glenview, IL, 60026

$4,000 /mo

3 Beds
2 Baths
1,353 ft²

3402 Winnetka Road, Glenview, IL, 60026 Listing by Halina Okowinski

Unit for rent at 4144 Florence Way, Glenview, IL, 60025

$3,900 /mo

3 Beds
2 Baths
2,100 ft²

4144 Florence Way #4144, Glenview, IL, 60025 Listing by Jina Yoonsun Park

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Thomas Streff, Berkshire Hathaway HomeServices Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11156734

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

1023 Terrace Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Glenview

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions