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207 Terrace Way

207 Terrace Way, Plano, IL 60545
House in Little Rock
Sold Apr 03, 2023
$240,000
$228,000 by Earthmover Credit Union
Mortgage Due Mar 01, 2053
Sold Sep 27, 2019
$185,000
$166,500 by Caliber Home Loans Inc
Mortgage Due Oct 01, 2049
207 Terrace Way in Plano, IL was first built in 1963 and is 61 years old. This has been categorized as a residential property type. It is a single story home. 207 Terrace Way has 10,608 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 700 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 8,401 square feet.

Learn more about the property and building on this page. The property was last sold in Feb 13, 2023 for $240,000. That's $22.62 per sqft. Prior to that sales transaction, the property was also sold in Sep 27, 2019 for $185,000. 207 Terrace Way was last assessed in 2022. The total value of the property was assessed at $66,684. Specifically, the land the property is located on was valued at $7,610. While improvements on the property were assessed at a total of $59,074. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,686. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,401
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 10,608
  • Gross Building Area: 10,608
  • Building Area: 10,608
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 10,608
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH MEADOWS
  • Land Acres: 0.193
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LT 42 NORTH MEADOWS UNIT 1 CITY OF PLANO

Ownership

  • Current Owner : HOGG AARON P
  • Current Owner 2: HOGG JENNA M
  • Previous Owner : REDIGER GABRIEL C
  • Owner Before Previous Owner: BAUER THOMAS LEE
  • Owner Before Previous Owner 2: BAUER JUDY MARIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Plano Community Unit School District 88
  • Census Tract: 890502

Geography

  • Assessors Map Reference: 3259-C5
  • Parcel: 01-22-129-012
  • Lot: 42
  • Municipality: LITTLE ROCK TOWNSHIP
  • Latitude: 41.6716
  • Longitude: -88.5375

    Address

  • Full Address: 207 Terrace Way
  • Address - House Number: 207
  • Address - Street Name: Terrace
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Plano
  • Carrier Code: C001
  • 4-Digit Zip Code: 1049
  • Zip Code: 60545

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,686
  • Tax Rate Code Area: LR003

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 253,324
  • High Value: 293,492
  • Low Value: 213,156

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,000
  • First Open Lien Mortgage Lender: EARTHMOVER CREDIT UNION
  • First Open Lien Mortgage Recording Date: Apr 03, 2023
  • First Open Lien Mortgage Loan Amount: $228,000
  • 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: Mar 01, 2053

    Market Valuation

  • Market Total Value: $200,052
  • Market Land Value: $22,830
  • Market Improvement Value: $177,222

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,684
  • Assessed Land Value: $7,610
  • Assessed Improvements Value: $59,074

    Sales

  • Current Sale Contract Date: Feb 13, 2023
  • Current Sale Recording Date: Apr 03, 2023
  • Current Sale Transaction ID: 11904519151
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3527
  • Previous Sale Recording Date: Sep 27, 2019
  • Previous Sale Contract Date: Sep 27, 2019
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EARTHMOVER CREDIT UNION
  • First Mortgage Transaction Date: Apr 03, 2023
  • First Mortgage Loan Amount: $228,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Sep 27, 2019
  • Previous Mortgage Loan Amount: $166,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2049

About Plano



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Frequently Asked Questions

What neighborhood is 207 Terrace Way located in?
The 207 Terrace Way is a house located in the neighborhood of Little Rock in Plano, Plano.
What is the average sales price for listings in 207 Terrace Way?
The average sales price for units in 207 Terrace Way is $0 currently.

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