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195 Terrace Drive

195 Terrace Drive, Chicago Heights, IL 60411
Property in Bloom
Sold Jul 09, 2010
$35,000
$104,500 by Ncs Mtg Lending Company
Mortgage Due Jul 16, 2031
Sold Oct 28, 2009
Transfer
195 Terrace Drive in Chicago Heights, IL was first built in 1961 and is 63 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 split level style. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 195 Terrace Drive has 1,136 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 500 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 6,860 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a no garage. 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. 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, 195 Terrace Drive was last sold in Jun 2, 2010 for $35,000. According to our calculations, that's $30.81 per sqft. Current property owners are expected to pay $7,559 in taxes per year. The property on 195 Terrace Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $14,390. To break that down further, the land itself was valued at $3,945. While improvements to the property were assessed at a total of $10,445. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • 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: 6,860
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • 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: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CARLTON HEIGHTS SUB
  • Land Acres: 0.158
  • 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 : TAYLOR LOYA VIRGINIA
  • Previous Owner : DEUTSCHE BANK TRUST COMPANY AMERICAS
  • Owner Before Previous Owner: HARPER KETURAH I
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 12
  • Parcel: 32-08-323-016-0000
  • Block: 2
  • Lot: 16
  • Meridian: SEC 08 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.5328
  • Longitude: -87.6498

    Address

  • Full Address: 195 Terrace Dr
  • Address - House Number: 195
  • 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: $7,559
  • Tax Rate Code Area: 12075

    Appraisal Valuation

  • Standard Deviation: 0.2653
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 202,499
  • High Value: 256,241
  • Low Value: 148,757

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $104,500
  • First Open Lien Mortgage Lender: NCS MTG LENDING COMPANY
  • First Open Lien Mortgage Recording Date: Sep 17, 2001
  • First Open Lien Mortgage Loan Amount: $104,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jul 16, 2031

    Market Valuation

  • Market Total Value: $143,900
  • Market Land Value: $39,450
  • Market Improvement Value: $104,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,390
  • Assessed Land Value: $3,945
  • Assessed Improvements Value: $10,445

    Sales

  • Current Sale Contract Date: Jun 02, 2010
  • Current Sale Recording Date: Jul 09, 2010
  • Current Sale Transaction ID: 1177797883
  • Current Sale Price: $35,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1019012069
  • Previous Sale Recording Date: Oct 28, 2009
  • Previous Sale Contract Date: Apr 24, 2009
  • Previous Sale Document Type: Legal Action/Court Order

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Frequently Asked Questions

What neighborhood is 195 Terrace Drive located in?
The 195 Terrace Drive is a located in the neighborhood of Bloom in Chicago Heights, Chicago Heights.
What is the average sales price for listings in 195 Terrace Drive?
The average sales price for units in 195 Terrace Drive is $0 currently.

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