See Home Value
$140,000 - $170,000
House - Off Market

505 W Highland Terrace

Round Lake Beach, IL 60073
bedrooms
2 Beds
bathrooms
1 Bath
square feet
717 Sqft
Sold Oct 07, 2021
$137,000
$132,793 by Finance Of America Mortgage Ll
Mortgage Due Sep 01, 2051
Sold Jan 23, 2015
Transfer

About This Property

Affordable home available to live in or buy as an investment property. Move in ready 2 bedroom 1 bath home with many updates. Newer vinyl flooring throughout. New driveway, backyard out building, water heater, Corian kitchen counters 2021. Brand new roof put on in 2022. Freshly painted 2024. The kitchen features newer stainless steel appliances and canned lighting. Main level laundry. Fenced in yard that also has that 19 x 9 out building that can be used for whatever you desire. *Seller offering a $2,000 credit for any floor concerns*

The manager has listed the unit size as 717 square feet.
Unit Size
717Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$216
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
1938

Price History

Date / Event Date Event Price
Apr 21, 2024 No longer available -
No longer available
Mar 7, 2024 In contract -
In contract
Mar 1, 2024 Relisted $155,000
Relisted
Feb 23, 2024 In contract -
In contract
Feb 13, 2024 Relisted $155,000
Relisted
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,628
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,014
  • Gross Building Area: 1,050
  • Building Area: 507
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 507
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROUND LAKE BEACH SUNSET ADD
  • Land Acres: 0.129
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROUND LAKE BEACH SUNSET ADD; LOT 19 BLOCK 105

Ownership

  • Current Owner : BALBUENA NATALIE
  • Previous Owner : BRENNAN DARYL
  • Owner Before Previous Owner: BAXTER CREDIT UNION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Round Lake Community Unit School District 116
  • Census Tract: 861303

Geography

  • District: AVON
  • Parcel: 06-17-329-022
  • Block: 105
  • Lot: 19
  • Municipality: TWP OF AVON
  • Latitude: 42.3737
  • Longitude: -88.095

    Address

  • Full Address: 505 W Highland Ter
  • Address - House Number: 505
  • Street Direction: W
  • Address - Street Name: Highland
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Round Lake Beach
  • Carrier Code: C008
  • 4-Digit Zip Code: 1812
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,866
  • Tax Rate Code Area: 7006

    Appraisal Valuation

  • Standard Deviation: 0.1759
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 136,945
  • High Value: 161,039
  • Low Value: 112,851

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,793
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Oct 07, 2021
  • First Open Lien Mortgage Loan Amount: $132,793
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $97,429
  • Market Land Value: $22,043
  • Market Improvement Value: $75,386

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,473
  • Assessed Land Value: $7,347
  • Assessed Improvements Value: $25,126

    Sales

  • Current Sale Contract Date: Aug 26, 2021
  • Current Sale Recording Date: Oct 07, 2021
  • Current Sale Transaction ID: 11862041868
  • Current Sale Price: $137,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7832351
  • Previous Sale Recording Date: Jan 23, 2015
  • Previous Sale Contract Date: Dec 12, 2014
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Oct 07, 2021
  • First Mortgage Loan Amount: $132,793
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
2 Beds
1.5 Baths
960 ft²
$156/ft²
$150,000 Feb 8, 2024
-
$504/mo
House
3 Beds
1 Bath
1,026 ft²
$175/ft²
$179,900 Feb 9, 2024
-
$313/mo
Townhouse
3 Beds
1.5 Baths
1,222 ft²
$123/ft²
$150,000 Feb 20, 2024
-
$487/mo

About Round Lake Beach-Sunset


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Nearby Rentals

Unit for rent at 506 Meadow Green Lane, Round Lake Beach, IL, 60073

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506 Meadow Green Lane, Round Lake Beach, IL, 60073 Listing by Nyssa Fenske
Unit for rent at 510 Beechwood Drive, Round Lake, IL, 60073

$2,200 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,580 ft²
510 Beechwood Drive, Round Lake, IL, 60073 Listing by Shannon Lasky
Unit for rent at 1548 W Sand Bar Court, Round Lake Beach, IL, 60073

$1,250 /mo

  • 1 Bed
  • 1 Bath
1548 W Sand Bar Court #2D, Round Lake Beach, IL, 60073 Listing by Nona Lisitza


Frequently Asked Questions

When was property at 505 West Highland Terrace built and last sold?
The property at 505 West Highland Terrace was built in 1938 and last sold on Aug 26, 2021 for $137,000.
How much is this home worth?
The estimated value of the home located at 505 West Highland Terrace is $155,263.
What are some comparable homes to 505 West Highland Terrace?
Homes that are comparable to 505 West Highland Terrace include a townhouse property at 355 Meadow Green Lane, a house property at 928 North Clarendon Drive, a townhouse property at 431 Meadow Green Lane.

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