When was property at 14 Drake Terrace built and last sold?

The property at 14 Drake Terrace was built in 1959 and last sold on Oct 30, 2023 for $385,000.

How much is this home worth?

The estimated value of the home located at 14 Drake Terrace is $0.

What are some comparable homes to 14 Drake Terrace?

There are currently no comparable homes to 14 Drake Terrace.

Prospect Heights

60070

14 Drake Terrace

$385,000

● House - Off Market

14 Drake Terrace

Prospect Heights, IL 60070

3 Beds

2 Baths

2,208 Ft²

$385,000

RealtyHop Estimate

0.00%

Since Dec 1, 2023

National-US

Primary Model

About This Property

Welcome to this 3 bedroom 2 bath brick and stone expanded ranch nestled on a generous half-acre lot, offering a harmonious blend of comfortable living and outdoor serenity. This beautifully maintained home provides ample space, both indoors and outdoors, to accommodate your lifestyle needs and aspirations. Full unfinished basement ready to be finished and a 2 car heated detached garage is perfect for the car enthusiast or would make the perfect "man-cave". Bring your decorating ideas! Hardwood floors under carpet in bedrooms. Updates include AC 2009, hot water heater 2020, well pump 2018, hydraulic tank 2021 Sullivan Elem| MacArthur MS | Wheeling HS

Unit Size

2,208 Ft²

Days on Market

Land Size

Price per sqft

$174

Property Type

House

Property Taxes

$292

HOA Dues

Year Built

1959

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11870286)

Price History

Date / Event	Date	Event
Nov 1, 2023	Sold	Premium
Sold
Aug 26, 2023	Listed by Compass	$385,000
Listed by Compass

Property Highlights

Fireplace

Building Info

Overview

General

Year Built: 1959

Building Count: 1
Total Rooms: 6
Bedroom Count: 4
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 3
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 100
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: 20,055

Total Building Area: 1,572
Gross Building Area: 1,572
Building Area: 1,572
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 10
Heated Square Feet: 1,572
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: DRAKES 1ST ADD
Land Acres: 0000000460
Standard Land Use Code: 1001
County Land Use Code: 2-03

Neighborhood

School District Name: Prospect Heights School District 23

Census Tract: 803014

Geography

District: 38

Parcel: 03-15-202-017-0000
Lot: 30
Meridian: SEC 15 TWN 42N RNG 11E
Municipality: WHEELING
Latitude: 42.1197
Longitude: -87.9341

Address

Full Address: 14 Drake Ter

Address - House Number: 14
Address - Street Name: Drake
Address - Suffix Type: Ter
State: IL
City Name: Prospect Heights
Carrier Code: C025
4-Digit Zip Code: 1002
Zip Code: 60070

Valuation

Tax

Tax Year: 2022

Tax Amount: $788,899
Tax Rate Code Area: 38049

Appraisal Valuation

Standard Deviation: 0.2686

Valuation Date: Mar 20, 2024
Confidence Score: 61
Final Value: 383,662
High Value: 486,739
Low Value: 280,585

Open Liens

Total Open Liens:

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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 Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $341,530

Market Land Value: $160,440
Market Improvement Value: $181,090

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $34,153
Assessed Land Value: $16,044
Assessed Improvements Value: $18,109

Sales

Current Sale Contract Date: Oct 30, 2023

Current Sale Recording Date: Nov 09, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 6282

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Type:

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First Mortgage Loan Due Date:

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

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Comparables

About Prospect Heights

Stats & Trends

Median Asking:

$341,600

Sale Price/ft²

$227

Below Asking

0.01%

Average Days on Market

Average Home Size

1355 ft²

Average Home Age

55.4 years

Currently For Sale

27 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 196 Lucerne Court, Wheeling, IL, 60090

$3,200 /mo

3 Beds
2 Baths
1,800 ft²

196 Lucerne Court, Wheeling, IL, 60090 Listing by Tetyana Mryha

Unit for rent at 575 Greystone Lane, Wheeling, IL, 60090

$3,000 /mo

3 Beds
2 Baths
1,373 ft²

575 Greystone Lane #A2, Wheeling, IL, 60090 Listing by Venkateshwar Talari

Unit for rent at 1522 Stonegate Manor, Mount Prospect, IL, 60056

$3,100 /mo

3 Beds
2 Baths

1522 Stonegate Manor #1522, Mount Prospect, IL, 60056 Listing by William Farrell

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Christen Woods, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11870286

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.

14 Drake Terrace

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Prospect Heights

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions