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750 Therese Terrace

750 Therese Terrace, Des Plaines, IL 60016
Property in Wheeling
Sold Sep 17, 2021
$344,000
$274,900 by Union Home Mortgage Corp
Mortgage Due Oct 01, 2051
Sold Feb 16, 2005
$315,000
$330,000 by Nab Bank
Mortgage Due Feb 01, 2035
Local assessors in Des Plaines, IL have categorized 750 Therese Terrace as a residential type of property. The home was built in 1961 and is 63 years old. The property's lot size has been calculated to be 6,875 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 550 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 750 Therese Terrace has a total of 1,308 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 750 Therese Terrace sold most recently in Aug 5, 2021 for a total of $344,000. If you work out the math, that's approximately a cost of $263.00 per sqft. Before that, the property was also sold for $315,000 in Jan 21, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,618 in taxes each year. 750 Therese Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $28,046. If we break it down further, the land itself was valued at $6,188. Improvements to the property, however, were assessed at a total of $21,858. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, 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: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,875
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,308
  • Gross Building Area: 1,308
  • Building Area: 1,308
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,308
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIT1 OF JOSEPH H ANDERSONS CRAIG
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (UNIT1) OF JOSEPH H (ANDERSONS) (CRAIG) MANOR SUB OF PT OF SW SW SEC 36-42-11

Ownership

  • Current Owner : MANI BINI C
  • Current Owner 2: MANI BIJU C
  • Previous Owner : NG DANNY PING SANG
  • Previous Owner 2: CHUN IP CONNIE
  • Owner Before Previous Owner: SCHULTZ GEORGE G
  • Owner Before Previous Owner 2: SCHULTZ DONNA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Maine Township High School District 207
  • Census Tract: 802702

Geography

  • District: 38
  • Parcel: 03-36-302-012-0000
  • Lot: 70
  • Meridian: SEC 36 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.0678
  • Longitude: -87.9048

    Address

  • Full Address: 750 Therese Ter
  • Legal Unit: 1
  • Address - House Number: 750
  • Address - Street Name: Therese
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C064
  • 4-Digit Zip Code: 1112
  • Zip Code: 60016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,618
  • Tax Rate Code Area: 38040

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 367,264
  • High Value: 451,125
  • Low Value: 283,402

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $274,900
  • First Open Lien Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 17, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $274,900
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $280,460
  • Market Land Value: $61,880
  • Market Improvement Value: $218,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,046
  • Assessed Land Value: $6,188
  • Assessed Improvements Value: $21,858

    Sales

  • Current Sale Contract Date: Aug 05, 2021
  • Current Sale Recording Date: Sep 17, 2021
  • Current Sale Transaction ID: 11856782127
  • Current Sale Price: $344,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2126020466
  • Previous Sale Recording Date: Feb 16, 2005
  • Previous Sale Contract Date: Jan 21, 2005
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 17, 2021
  • First Mortgage Loan Amount: $274,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NAB BANK
  • Previous Mortgage Transaction Date: Feb 16, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $330,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Feb 01, 2035

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Frequently Asked Questions

What neighborhood is 750 Therese Terrace located in?
The 750 Therese Terrace is a located in the neighborhood of Wheeling in Des Plaines, Des Plaines.
What is the average sales price for listings in 750 Therese Terrace?
The average sales price for units in 750 Therese Terrace is $0 currently.

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