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500 Margate Terrace

  • 5 beds
  • 4 baths
  • 4,029 sqft
  • ~1/2 acre lot
  • $235 per sqft
  • 1939 build
  • on site

SENSATIONAL "MUST-SEE" HOME WITH AN ABUNDANCE OF CHARM AND CHARACTER ON A STUNNING OVERSIZED LOT IN THE HEART OF DEERFIELD. THIS 5 BEDROOM/3.5 BATH HOME HAS BEEN RECENTLY REHABBED AND IS READY FOR NEW OWNERS. FEATURES INCLUDE A MAIN FLOOR PRIVATE OFFICE, 2 CAR ATTACHED HEATED GARAGE, PARTIALLY FINISHED BASEMENT WITH PLENTY OF STORAGE IN A PRIME DEERFIELD LOCATION THAT IS STEPS TO THE CENTER OF TOWN. OPEN LIVING SPACE WITH A GORMET EAT-IN KITCHEN WITH ISLAND, HIGH-END APPLIANCES, STONE COUNTERTOPS AND ACCESS TO BACKYARD DECK. TERRIFIC ENTERTAINING SPACE INSIDE AND OUT! SPACIOUS FAMILY ROOM HAS ADJACENT FLORIDA ROOM THAT MAKES FOR A PERFECT ADDITIONAL HOMEWORK/STUDY/OFFICE SPACE. ORGANIZED MUD ROOM OFF OF THE GARAGE WITH A 2ND/BACK STAIRCASE THAT PROVIDES PRIVATE ACCESS TO A BEDROOM, FULL BATH AND 2ND FLOOR LAUNDRY. BATHROOMS REMODELED. BEAUTIFUL FINISHES AND COLORS THROUGHOUT THE HOME. FINISHED BASEMENT SPACE IS A GREAT CHILDREN'S PLAY AREA. PROFESSIONALLY LANDSCAPED FENCED YARD HAS A BRICK PAVER PATIO, WOOD DECK, FIRE PIT AND PLAY-SET. OUTSTANDING LOCATION--SO CLOSE TO KIPLING ELEM, PARKS, METRA, SHOPPING, RESTAURANTS, LIBRARY AND ALL THE AMENITIES OF DOWNTOWN DEERFIELD.

MRED logo Listing courtesy of MRED / Coldwell Banker Realty

Last checked: Checking… • Last updated Apr 18, 2021 •

MLS# 10963868 —

Amenities & Taxes

The Building

Year Built:
1939
REBUILT:
No
New Construction:
false
Architectural Style:
Colonial
Foundation Details:
Concrete Perimeter
Disability Access:
No
Exterior Features:
Patio,Storms/Screens
Basement:
Full
Other Equipment:
Humidifier,TV-Cable,Ceiling Fan(s),Sump Pump,Backup Sump Pump;
Living Area Source:
Assessor

Interior

Rooms Total:
9
Room Type:
Bedroom 5,Office,Foyer,Mud Room,Sun Room
Living Area:
4029
Interior Features:
Hardwood Floors
Fireplaces Total:
1
Fireplace Features:
Wood Burning,Gas Starter
Fireplace Location:
Family Room
LAUNDRY:
Stone
LAUNDRY:
Basement
LAUNDRY:
7X10

Location

Directions:
West on Deerfield Rd, Left on Warrington, Right on Margate to home.

The Property

Parcel Number:
16283140230000
Property Type:
Residential
Lot Size Dimensions:
103X135
Lot Size Acres:
0.3834
Additional Parcels:
false
Waterfront:
false
Lot Features:
Fenced Yard

Listing Agent

Contact info:

Taxes

Tax Year:
2019
Tax Annual Amount:
28413

Beds

Bedrooms Total:
5
Bedrooms Possible:
5

Baths

Bathrooms:
4
Bathrooms Full:
3
Bathrooms Half:
1

The Listing

Special Listing Conditions:
None
Virtual Tour Unbranded:
Virtual Tour

Heating & Cooling

Cooling:
Central Air
Heating:
Natural Gas,Forced Air

Utilities

Sewer:
Public Sewer
Water Source:
Lake Michigan,Public
Electric:
200+ Amp Service

Appliances

Appliances:
Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer,Disposal,Trash Compactor,Stainless Steel Appliance(s)

Schools

Elementary School:
Kipling Elementary School
Elementary School District:
109
Middle Or Junior School:
Alan B Shepard Middle School
Middle Or Junior School District:
109
High School:
Deerfield High School
High School District:
113

The Community

Subdivision Name:
Northeast Deerfield
Community Features:
Park,Pool,Curbs,Sidewalks,Street Lights,Street Paved
Association Fee Includes:
None
Association Fee Frequency:
Not Applicable

Parking

Garage Type:
Attached
Garage Spaces:
2
Garage Onsite
Yes

Extra Units

Other Structures:
Shed(s)

Schools

Rating Details
8

Kipling Elementary School

  • Public
  • K-5
  • 0.3 mi
8

Alan B Shepard Middle School

  • Public
  • 6-8
  • 0.9 mi
10

Deerfield High School

  • Public
  • 9-12
  • 1.3 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Monthly cost estimate

500 Margate Terrace

Asking price

$950,000

Mortgage

$3,241

Taxes $2,367
Insurance $261
Utilities $245 See report
Total $6,114/mo.*
*This is an estimate

Flood Risk

  • FEMA Zone (est.):
  • Flood insurance:

Get an instant insurance quote

This property has minimal flood risk

This property has a . Although flood risks across the country are changing because of the environment, this property is unlikely to flood over the next 30 years.

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Sale history

Date Event Source Price % Change
3/16/21
Sold Subject To Contingencies MRED $950,000
2/2/21
Listed / Active MRED $950,000 50.8% (8.8% / YR)
5/7/15
Sold MRED $630,000

Finding records…

No additional history available

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