9 days on rocket

112 Southern Ter, Island Lake, IL, 60042

$335,000

Home List Price

$3,978*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,092 SqFt
$307/SqFt
House
Schools Nearby

Location

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112 Southern Ter, Island Lake$335,000

Buyer Closing Credits

$3,978*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1977
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #12035982
StatusActive

About 112 Southern Ter

BEAUTIFULLY UPDATED, REMODELED RANCH WITH A FULL FINISHED BASEMENT. THIS HOME IS BIGGER THAN IT APPEARS FROM THE STREET. THREE BEDROOMS UPSTAIRS, TWO MORE DOWN. REFINISHED HICKORY HARDWOOD FLOORS, NEW CARPET, FRESH PAINT, NEW LIGHT FIXTURES, SS APPLIANCES. MAPLE CABINETS, GRANITE COUNTERS. 1136 SF DETACHED GARAGE WITH UPSTAIRS WORKROOM. NEW CHIMNEY WITH SOME NEW SHINGLES. REC ROOM AND OFFICE IN BASEMENT. GARAGE DOOR TRANSMITTERS AS THEY EXIST. THIS IS A TURNKEY PROPERTY! SELLER IS RELATED TO LIC IL REALTOR.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1977
  • Living Area: 1,092 SqFt

Listing Office:

  • Office Name: Concepts Realty, LLC
  • Office Phone: (630) 649-2303
  • Listing Agent: Marla Willey

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Hardwood Floors, First Floor Full Bath

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Wauconda High School, Public District Grades 9-12
  • Matthews Middle School, Public District Grades 6-8
  • Cotton Creek School, Public District Grades PK-5

Other

Directions Information:

  • Directions: RT 12 TO MIDWAY, NORTH TO SOUTHERN TERRACE RIGHT TO 112

Price Information

Listing Price Info

Price Summary:

  • List Price: $335,000
  • Price Per SqFt: $307/SqFt

Tax Information:

  • Annual Amount: $5,179
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Island Lake, IL.

Med. Sold Price

$255K

Med. Price/SqFt

$173

Avg. Days On Market

15

# of Sold Homes

5

112 Southern Ter vs Island Lake

9 DAYS ON ROCKET

-6 Days

$335,000

+$80K More

$307/SqFt

+$133 More

KEY TAKEAWAY

This property is $80K more than the Median Sold Price and $133/SqFt more than other homes in Island Lake, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12035982

Listing Office:

  • Office Name: Concepts Realty, LLC
  • Office Phone: (630) 649-2303
  • Listing Agent: Marla Willey

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 3:15:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 26, 2003Home Sold
$180,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,179$59,871
2019$4,735$56,583
2018$4,781$52,599
2017$4,781$51,991

History based on county public records data.

Payment Calculator

$1,739

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,071

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6021284
5
/10
  • Cotton Creek School

  • 545 Newport Ct

  • 0.63 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6021285
5
/10
  • Matthews Middle School

  • 3500 Darrell Rd

  • 0.99 miles

  • Public District Grades 6-8

High School

school-card-donut-6021286
4
/10
  • Wauconda High School

  • 555 N Main St

  • 2.62 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,584. The majority of Island Lake, IL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 112 Southern Ter

What is the listing price of this property?

The listing price of 112 Southern Ter property is $335,000.

What type of property is this?

The property 112 Southern Ter is a house located in Island Lake, Illinois, 60042.

Is this property for sale now?

Active Listing: 112 Southern Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 112 Southern Ter are:
Cotton Creek School: GreatSchools Rating 5/10
Matthews Middle School: GreatSchools Rating 5/10
Wauconda High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,179 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 26, 2003 for $180,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 112 Southern Ter has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 112 Southern Ter is 1,092 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 112 Southern Ter is 1977.

Rocket Homes›Illinois›Lake County›Island Lake›60042›112 Southern Ter

This home is located at 112 Southern Ter in Island Lake, IL and zip code 60042 in the Island Lake Estates neighborhood. This 1,092 square foot home was built in 1977. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $335,000.

While more than 3 listings in Island Lake, IL in April 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. The number of homes for sale in Island Lake, IL increased by 41.7% between March 2024 and April 2024. While the average time on the market in April 2024 was 15 days, the median list price was $255,000.

From Rocket Homes Real Estate and based on county public records data.

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