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1634 Terrace Road

1634 Terrace Road, Homewood, IL 60430
Property in Bloom
Sold Sep 30, 2015
$254,000
$198,200 by Peoples Home Equity Inc
Mortgage Due Oct 01, 2045
1634 Terrace Road in Homewood, IL was first built in 1967 and is 57 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1634 Terrace Road has 2,665 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 640 ft and the linear feet between the front and back of the lot is 2,980. In total, the area measurement of the land is 19,297 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1634 Terrace Road sold most recently in Sep 18, 2015 for a total of $254,000. If you work out the math, that's approximately a cost of $95.31 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,317 in taxes each year. 1634 Terrace Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $31,001. If we break it down further, the land itself was valued at $9,649. Improvements to the property, however, were assessed at a total of $21,352. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 19,297
  • Lot Size Depth Feet: 2,980
  • Lot Size Frontage Feet: 640
  • Total Building Area: 2,665
  • Gross Building Area: 2,665
  • Building Area: 2,665
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,665
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: IDLEWILDE TERRACE SUB
  • Land Acres: 0.443
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (LINDENS) RESUB OF LOT22 IN O RUETER & COS IDLEWILDE TERRACE SUB OF PT NH SE SEC 06-35-14

Ownership

  • Current Owner : KRAMER PAUL
  • Current Owner 2: KRAMER EMILY
  • Previous Owner : KLAUBER ROBERT S
  • Previous Owner 2: KLAUBER EILEEN M
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Homewood-Flossmoor Community High School District 233
  • Census Tract: 828601

Geography

  • District: 12
  • Parcel: 32-06-401-060-0000
  • Lot: 22
  • Meridian: SEC 06 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.5482
  • Longitude: -87.6566

    Address

  • Full Address: 1634 Terrace Rd
  • Address - House Number: 1634
  • Address - Street Name: Terrace
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Homewood
  • Carrier Code: C013
  • 4-Digit Zip Code: 3913
  • Zip Code: 60430

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,317
  • Tax Rate Code Area: 12019

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 344,939
  • High Value: 423,702
  • Low Value: 266,175

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,200
  • First Open Lien Mortgage Lender: PEOPLES HOME EQUITY INC
  • First Open Lien Mortgage Recording Date: Sep 30, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $198,200
  • 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: Oct 01, 2045

    Market Valuation

  • Market Total Value: $310,010
  • Market Land Value: $96,490
  • Market Improvement Value: $213,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,001
  • Assessed Land Value: $9,649
  • Assessed Improvements Value: $21,352

    Sales

  • Current Sale Contract Date: Sep 18, 2015
  • Current Sale Recording Date: Sep 30, 2015
  • Current Sale Transaction ID: 1308472287
  • Current Sale Price: $254,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1527349084

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES HOME EQUITY INC
  • First Mortgage Transaction Date: Sep 30, 2015
  • First Mortgage Loan Amount: $198,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2045

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1634 Terrace Road located in?
The 1634 Terrace Road is a located in the neighborhood of Bloom in Homewood, Homewood.
What is the average sales price for listings in 1634 Terrace Road?
The average sales price for units in 1634 Terrace Road is $0 currently.

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