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1425 Alima Terrace

1425 Alima Terrace, La Grange Park, IL 60526
Property in Proviso
Sold May 23, 2023
$420,000
$399,000 by Guaranteed Rate, Inc.
Mortgage Due Jun 01, 2053
Sold May 25, 2001
$179,000
$143,200 by Fieldstone Mtg Company
Mortgage Due Jun 01, 2031
Local assessors in La Grange Park, IL have categorized 1425 Alima Terrace as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 6,650 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1425 Alima Terrace has a total of 1,291 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1425 Alima Terrace was last sold in May 13, 2023 for $420,000. According to our calculations, that's $325.33 per sqft. Prior to that sales transaction, the property was sold for $179,000 in May 15, 2001. Current property owners are expected to pay $8,567 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1425 Alima Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $33,000. To break that down further, the land itself was valued at $4,655. While improvements to the property were assessed at a total of $28,345. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,650
  • Total Building Area: 1,291
  • Gross Building Area: 1,291
  • Building Area: 1,291
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,291
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARES WHITE & COS ADD TO LAGRANGE
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (MARES)(WHITE) & COS ADD TO (LAGRANGE) PK SUB OF EH O F EH OF SW EH EH SW SEC 27-39-12

Ownership

  • Current Owner : VICTOR JOHN
  • Current Owner 2: VICTOR HELENA
  • Previous Owner : BLUE CHAIR CAPITAL LLC
  • Owner Before Previous Owner: HANSON ERNEST A
  • Owner Before Previous Owner 2: HANSON NAOMI L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Riverside Brookfield Township School District 208
  • Census Tract: 818600

Geography

  • District: 31
  • Parcel: 15-27-315-006-0000
  • Block: 4
  • Lot: 31
  • Meridian: SEC 27 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8395
  • Longitude: -87.8529

    Address

  • Full Address: 1425 Alima Ter
  • Address - House Number: 1425
  • Address - Street Name: Alima
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: La Grange Park
  • Carrier Code: C019
  • 4-Digit Zip Code: 1330
  • Zip Code: 60526

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,567
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 31051

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 334,160
  • High Value: 410,462
  • Low Value: 257,858

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $399,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE, INC.
  • First Open Lien Mortgage Recording Date: May 23, 2023
  • First Open Lien Mortgage Loan Amount: $399,000
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $330,000
  • Market Land Value: $46,550
  • Market Improvement Value: $283,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,000
  • Assessed Land Value: $4,655
  • Assessed Improvements Value: $28,345

    Sales

  • Current Sale Contract Date: May 13, 2023
  • Current Sale Recording Date: May 23, 2023
  • Current Sale Transaction ID: 11906862887
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13437
  • Previous Sale Recording Date: May 25, 2001
  • Previous Sale Contract Date: May 15, 2001
  • Previous Sale Amount: $179,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE, INC.
  • First Mortgage Transaction Date: May 23, 2023
  • First Mortgage Loan Amount: $399,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FIELDSTONE MTG COMPANY
  • Previous Mortgage Transaction Date: May 25, 2001
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $143,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2031

About La Grange Park



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Frequently Asked Questions

What neighborhood is 1425 Alima Terrace located in?
The 1425 Alima Terrace is a located in the neighborhood of Proviso in La Grange Park, La Grange Park.
What is the average sales price for listings in 1425 Alima Terrace?
The average sales price for units in 1425 Alima Terrace is $0 currently.

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