When was property at 505 Margate Terrace built and last sold?

The property at 505 Margate Terrace was built in 1948 and last sold on Aug 29, 2014 for $280,000.

How much is this home worth?

The estimated value of the home located at 505 Margate Terrace is $510,050.

What are some comparable homes to 505 Margate Terrace?

There are currently no comparable homes to 505 Margate Terrace.

Deerfield

60015

Briarwoods

505 Margate Terrace

$470,000

● House - Off Market

505 Margate Terrace

Deerfield, IL 60015

3 Beds

1 Bath, 1 Half Bath

1,540 Ft²

$3,371

Est. Monthly

6.68%

Cap Rate

About This Property

Bright, well-maintained, and full of potential, this sun-splashed ranch sits on a fabulous corner lot in one of Deerfield's most walkable locations. Just blocks from downtown, top-rated elementary schools, and Deerspring Pool, the home offers convenience, charm, and long-term value. Inside, hardwood floors run throughout the main living areas, and oversized windows invite natural light all day long. The easy, single-level layout includes an open living/dining room for effortless entertaining, a functional kitchen with great storage and flow, and three comfortable bedrooms. Outside, the corner lot offers plenty of green space and standout curb appeal. Welcome home!

Unit Size

1,540 Ft²

Days on Market

Land Size

Price per sqft

$328

Property Type

House

Property Taxes

$890

HOA Dues

Year Built

1948

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Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1948

Effective Year Built: 1948
Building Count: 1
Bedroom Count: 2
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 5
Building Condition: 6
Building Quality: 4
Construction Type: 6
Building Style: 15
Exterior Walls Type: 2
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 13
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 440
Parking Space Count: 2
Patio Type: 94
Porch Type: 77
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,773

Lot Size Depth Feet: 1,350
Lot Size Frontage Feet: 650
Total Building Area: 1,980
Gross Building Area: 2,100
Building Area: 1,540
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 1,540
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: H. M. CORNELL COS BRIARWOODS
Land Acres: 0000000201
Standard Land Use Code: 1001
County Land Use Code: 40
Legal Description 1: H. M. CORNELL COS BRIARWOODS LOT 22 BLOCK 28

Neighborhood

School District Name: Township High School District 113

Census Tract: 864901

Geography

Assessors Map Reference: 2704-A7

District: WEST DEERFIE
Parcel: 16-28-318-001
Block: 28
Lot: 22
Municipality: TWP OF WEST DEERFIELD
Latitude: 42.1703
Longitude: -87.8405

Address

Full Address: 505 Margate Ter

Address - House Number: 505
Address - Street Name: Margate
Address - Suffix Type: Ter
State: IL
City Name: Deerfield
Carrier Code: C017
4-Digit Zip Code: 3339
Zip Code: 60015

Valuation

Tax

Tax Year: 2022

Tax Amount: $932,950
Tax Rate Code Area: 17004

Appraisal Valuation

Standard Deviation: 0.1597

Valuation Date: Feb 28, 2024
Confidence Score: 80
Final Value: 435,983
High Value: 505,632
Low Value: 366,335

Market Valuation

Market Total Value: $340,702

Market Land Value: $129,262
Market Improvement Value: $211,440

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $113,556
Assessed Land Value: $43,083
Assessed Improvements Value: $70,473

Sales

Current Sale Contract Date: Aug 29, 2014

Current Sale Recording Date: Sep 05, 2014
Current Sale Price:

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Current Sale Document Type: 71
Current Sale Input Document Number: 7129170

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Briarwoods

Stats & Trends

Median Asking:

$657,000

Sale Price/ft²

$312

Above Asking

0.00%

Average Days on Market

Average Home Size

2208 ft²

Average Home Age

67 years

Currently For Sale

1 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 921 Wilmot Road, Deerfield, IL, 60015

$3,900 /mo

4 Beds
2 Baths
2,500 ft²

921 Wilmot Road, Deerfield, IL, 60015 Listing by Eugene Abbott

Unit for rent at 524 Milford Road, Deerfield, IL, 60015

$3,990 /mo

3 Beds
2 Baths
2,106 ft²

524 Milford Road, Deerfield, IL, 60015 Listing by Sang Han

Unit for rent at 335 Milford Road, Deerfield, IL, 60015

$3,950 /mo

3 Beds
2 Baths
2,106 ft²

335 Milford Road, Deerfield, IL, 60015 Listing by Ping Dong

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Jason Merel, eXp Realty
Data Source: MRED, MLS# MRD12446193

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

505 Margate Terrace

About This Property

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Briarwoods

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions