See Home Value
Granite City 62040
14 Terrace Lane
$112,000 - $136,000
House - Off Market

14 Terrace Lane

Granite City, IL 62040
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1346 Sqft
Sold Mar 18, 2024
$110,000
$87,920 by Delmar Financial Co
Mortgage Due Mar 18, 2054
Sold Aug 15, 2023
Transfer

About This Property

Brick ranch with 2 car attached garage in desirable Oaklawn Terrace. Spacious living room with coved ceiling and stone fireplace. Formal dining room ready for entertaining. Large picture windows make rooms light and bright. Bathroom is highlighted by glass block design. Spacious 2 bedroom. Unfinished basement ready for your ideas. Fenced yard. Come take a look! To help visualize this home's floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing

The manager has listed the unit size as 1346 square feet.
Unit Size
1,346Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$93
Property Type
House
Property Taxes
$367
HOA Dues
-
Year Built
1959

Price History

Date / Event Date Event Price
Mar 16, 2024 No longer available -
No longer available
Feb 10, 2024 In contract -
In contract
Feb 2, 2024 Price Decreased $124,900
↓ $8K (5.7%)
Price Decreased
Jan 4, 2024 Relisted $132,500
Relisted
Jan 3, 2024 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,346
  • Gross Building Area: 1,346
  • Building Area: 1,346
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,346
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKLAWN TERRACE SUBDIVISION
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OAKLAWN TERRACE LOT 14 100X85

Ownership

  • Current Owner : CATRON TRAVIS
  • Previous Owner : VRMTG ASSET TRUST
  • Owner Before Previous Owner: JUDICIAL SALES CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Granite City Community Unit School District 9
  • School Tax School District: 073
  • Census Tract: 400801

Geography

  • District: 22
  • Parcel: 22-2-20-08-08-201-002
  • Lot: 14
  • Municipality: GRANITE CITY
  • Latitude: 38.731
  • Longitude: -90.118

    Address

  • Full Address: 14 Terrace Ln
  • Address - House Number: 14
  • Address - Street Name: Terrace
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Granite City
  • Carrier Code: C020
  • 4-Digit Zip Code: 3812
  • Zip Code: 62040

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,401
  • Tax Rate Code Area: 195

    Appraisal Valuation

  • Standard Deviation: 0.1099
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 88
  • Final Value: 118,984
  • High Value: 132,066
  • Low Value: 105,901

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $87,920
  • First Open Lien Mortgage Lender: DELMAR FINANCIAL CO
  • First Open Lien Mortgage Recording Date: Mar 18, 2024
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $87,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 18, 2054

    Market Valuation

  • Market Total Value: $132,132
  • Market Land Value: $17,748
  • Market Improvement Value: $114,384

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,000
  • Assessed Land Value: $5,910
  • Assessed Improvements Value: $38,090

    Sales

  • Current Sale Contract Date: Feb 14, 2024
  • Current Sale Recording Date: Mar 18, 2024
  • Current Sale Transaction ID: 11923281426
  • Current Sale Price: $110,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2024R06976
  • Previous Sale Recording Date: Aug 15, 2023
  • Previous Sale Contract Date: Aug 03, 2023
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: DELMAR FINANCIAL CO
  • First Mortgage Transaction Date: Mar 18, 2024
  • First Mortgage Loan Amount: $87,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Transaction Date: Aug 15, 2023
  • Previous Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,504 ft²
$76/ft²
$115,000 Feb 8, 2024
-
$219/mo
House
2 Beds
1 Bath
1,244 ft²
$84/ft²
$104,900 Jan 26, 2024
-
$77/mo
House
2 Beds
1 Bath
816 ft²
$159/ft²
$130,000 Jan 31, 2024
-
$166/mo
House
2 Beds
1 Bath
820 ft²
$143/ft²
$117,000 Dec 20, 2023
-
$213/mo
House
3 Beds
2 Baths
2,244 ft²
$58/ft²
$129,900 Jan 31, 2024
-
$326/mo
House
3 Beds
1 Bath
1,104 ft²
$113/ft²
$124,900 Dec 15, 2023
-
$143/mo
House
3 Beds
1 Bath
1,008 ft²
$139/ft²
$139,900 Jan 28, 2024
-
$242/mo
House
3 Beds
2 Baths
2,483 ft²
$58/ft²
$144,000 Oct 20, 2023
-
$320/mo

About Granite City


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Frequently Asked Questions

When was property at 14 Terrace Lane built and last sold?
The property at 14 Terrace Lane was built in 1959 and last sold on Feb 14, 2024 for $110,000.
How much is this home worth?
The estimated value of the home located at 14 Terrace Lane is $125,491.
What are some comparable homes to 14 Terrace Lane?
There are currently no comparable homes to 14 Terrace Lane.

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