Check Availability

183 Terrace Drive

183 Terrace Drive, Chicago Heights, IL 60411
Property in Bloom
Sold Jan 13, 2020
$130,000
$129,900 by Bank Of America Na
Mortgage Due Jan 01, 2050
Sold Apr 17, 2013
$85,000
$83,460 by Wintrust Mortgage
Mortgage Due Apr 01, 2043
Local assessors in Chicago Heights, IL have categorized 183 Terrace Drive as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 6,370 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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. If we look only at the heated or air conditioned part of the building, then 183 Terrace Drive has a total of 1,136 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 no garage for those who need a place to park their vehicle. 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 frame 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 central 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, 183 Terrace Drive was last sold in Dec 11, 2019 for $130,000. According to our calculations, that's $114.44 per sqft. Prior to that sales transaction, the property was sold for $85,000 in Mar 15, 2013. Current property owners are expected to pay $4,942 in taxes per year. The property on 183 Terrace Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $14,333. To break that down further, the land itself was valued at $3,663. While improvements to the property were assessed at a total of $10,670. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,370
  • Total Building Area: 1,136
  • Gross Building Area: 1,136
  • Building Area: 1,136
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,136
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CARLTON HEIGHTS SUB
  • Land Acres: 0.146
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (RESUBDIVISION) OF PT OF CARLTON HEIGHTS SUB IN PT NH SW SEC 08-35-14

Ownership

  • Current Owner : CLEGG VERTIS D
  • Previous Owner : ARCE JESSE
  • Previous Owner 2: ESQUIVEL ERICA
  • Owner Before Previous Owner: WYROBEK ROSEMARY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Homewood-Flossmoor Community High School District 233
  • Census Tract: 828801

Geography

  • District: 12
  • Parcel: 32-08-323-014-0000
  • Block: 2
  • Lot: 14
  • Meridian: SEC 08 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.5327
  • Longitude: -87.6493

    Address

  • Full Address: 183 Terrace Dr
  • Address - House Number: 183
  • Address - Street Name: Terrace
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Chicago Heights
  • Carrier Code: C018
  • 4-Digit Zip Code: 1043
  • Zip Code: 60411

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,942
  • Tax Rate Code Area: 12075

    Appraisal Valuation

  • Standard Deviation: 0.2653
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 200,818
  • High Value: 254,115
  • Low Value: 147,522

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $129,900
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jan 13, 2020
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $129,900
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $143,330
  • Market Land Value: $36,630
  • Market Improvement Value: $106,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,333
  • Assessed Land Value: $3,663
  • Assessed Improvements Value: $10,670

    Sales

  • Current Sale Contract Date: Dec 11, 2019
  • Current Sale Recording Date: Jan 13, 2020
  • Current Sale Transaction ID: 11716298890
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2001317086
  • Previous Sale Recording Date: Apr 17, 2013
  • Previous Sale Contract Date: Mar 15, 2013
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jan 13, 2020
  • First Mortgage Loan Amount: $129,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: WINTRUST MORTGAGE
  • Previous Mortgage Transaction Date: Apr 17, 2013
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $83,460
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2043

About Chicago Heights



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 18549 Dundee Avenue, Homewood, IL, 60430

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,399 ft²
18549 Dundee Avenue, Homewood, IL, 60430 Listing by Rishab Chawla

Frequently Asked Questions

What neighborhood is 183 Terrace Drive located in?
The 183 Terrace Drive is a located in the neighborhood of Bloom in Chicago Heights, Chicago Heights.
What is the average sales price for listings in 183 Terrace Drive?
The average sales price for units in 183 Terrace Drive is $0 currently.

Quantcast