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515 Heather Terrace

515 Heather Terrace, Round Lake, IL 60073
Sold Jun 30, 2022
$237,000
$227,797 by Plains Commerce Bank
Mortgage Due Jul 01, 2052
Sold May 16, 2012
$44,000
515 Heather Terrace in Round Lake, IL was first built in 1974 and is 50 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 raised ranch style. It is a single story home. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 515 Heather Terrace has 925 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 440 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 5,563 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. 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 alum/vinyl siding. 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 forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 515 Heather Terrace was last sold in Jun 24, 2022 for $237,000. According to our calculations, that's $256.22 per sqft. Prior to that sales transaction, the property was sold for $44,000 in Apr 27, 2012. Current property owners are expected to pay $7,023 in taxes per year. The property on 515 Heather Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $64,835. To break that down further, the land itself was valued at $8,636. While improvements to the property were assessed at a total of $56,199. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Raised Ranch
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,563
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 440
  • Total Building Area: 925
  • Gross Building Area: 925
  • Building Area: 925
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 925
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROUND LAKE BEACH RIDGEWOOD ADD.
  • Land Acres: 0.128
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROUND LAKE BEACH RIDGEWOOD ADD.UNIT 2 LOT 1 BLOCK 323

Ownership

  • Current Owner : RIVERA BEATRICE L
  • Previous Owner : MIKE MINCHILLO
  • Owner Before Previous Owner: HSBC BANK USA NATIONAL ASSOCIATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Grayslake Consolidated Community School District 46
  • Census Tract: 861202

Geography

  • District: AVON
  • Parcel: 06-16-421-014
  • Block: 323
  • Lot: 1
  • Municipality: TWP OF AVON
  • Latitude: 42.3739
  • Longitude: -88.0691

    Address

  • Full Address: 515 Heather Ter
  • Legal Unit: 2
  • Address - House Number: 515
  • Address - Street Name: Heather
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Round Lake Beach
  • Carrier Code: C014
  • 4-Digit Zip Code: 2110
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,023
  • Tax Rate Code Area: 7017

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 230,849
  • High Value: 273,264
  • Low Value: 188,433

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $227,797
  • First Open Lien Mortgage Lender: PLAINS COMMERCE BANK
  • First Open Lien Mortgage Recording Date: Jun 30, 2022
  • First Open Lien Mortgage Loan Amount: $227,797
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $194,525
  • Market Land Value: $25,911
  • Market Improvement Value: $168,614

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,835
  • Assessed Land Value: $8,636
  • Assessed Improvements Value: $56,199

    Sales

  • Current Sale Contract Date: Jun 24, 2022
  • Current Sale Recording Date: Jun 30, 2022
  • Current Sale Transaction ID: 11891127476
  • Current Sale Price: $237,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7915469
  • Previous Sale Recording Date: May 16, 2012
  • Previous Sale Contract Date: Apr 27, 2012
  • Previous Sale Amount: $44,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLAINS COMMERCE BANK
  • First Mortgage Transaction Date: Jun 30, 2022
  • First Mortgage Loan Amount: $227,797
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2052

About Round Lake Beach-Ridgewood



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  • 2 Baths
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Frequently Asked Questions

What neighborhood is 515 Heather Terrace located in?
The 515 Heather Terrace is a located in the neighborhood of Round Lake Beach-Ridgewood in Round Lake Beach-Ridgewood, Round Lake.
What is the average sales price for listings in 515 Heather Terrace?
The average sales price for units in 515 Heather Terrace is $0 currently.

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