This home's estimate is 86.3% higher than the average sale price ($107K) of 6 comparable homes.
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2701 Terrace Ln, Springfield, IL 62703-6409
About this home
You'll love the custom floorplan on this one owner ranch home with a convenient circle drive out front. Walk up to the covered front porch for visiting with neighbors then step inside the foyer for a formal living room to the left featuring a 2-sided gas fireplace that also warms the family room at the back of the home. To the right of the foyer is a formal dining room that could also work well for a home office with it's french doors. The kitchen at the heart of the home features plenty of cabinets, stainless steel appliances, and a sweet breakfast nook overlooking the privacy-fenced backyard. The main floor features a laundry area by the attached garage entrance, a guest bedroom with full bathroom across the hall, and the primary suite. This suite features a sitting/dressing room, private bath, and large bedroom. Downstairs you'll find 2 additional bedrooms with egress windows and another full bathroom! New hot water heater in 2020. Pre-inspected for buyer convenience and selling as reported.

Redfin Estimate
Market trends in 62703, IL
Last updated August 2026
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Provided by Redfin
Sale history for 2701 Terrace Ln
$80/sq ft
$75/sq ft
Tax history for 2701 Terrace Ln
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
R-2
Single-Family and Duplex Residence District
The R-2 single-family and duplex residence district provides for single-family and two-family residential development on normal sized lots.Include but are not limited to:
- Community / recreation center
- Religious facility
- Housing-Single unit
- Housing-Multiple units
- Educational/school
- Golf related
- Sports arena / stadium
- Agriculture-Cropland
- Park & open space
Property details
Parking
- Parking Information
- Has Garage: Yes
- Garage Spaces: 2
- Parking Features: Attached
Interior
- Bedroom Information
- Bedrooms (Total): 4
- Bathroom Information
- Bathrooms (Full): 3
- Bathrooms (Half): 0
- Room 1 Information
- Room 1 Full Bathrooms: 2
- Room 1 Half Bathrooms: 0
- Room 1 Area: 1624
- Room 1 Area Units: Feet.Inches
- Room 1 Type: Main Level
- Room 2 Information
- Room 2 Full Bathrooms: 0
- Room 2 Half Bathrooms: 0
- Room 2 Type: Upper Level
- Room 3 Information
- Room 3 Full Bathrooms: 0
- Room 3 Half Bathrooms: 0
- Room 3 Area Units: Feet.Inches
- Room 3 Type: Lower Level
- Room 4 Information
- Room 4 Full Bathrooms: 1
- Room 4 Half Bathrooms: 0
- Room 4 Area: 387
- Room 4 Area Units: Feet.Inches
- Room 4 Type: Basement Level
- Room 5 Information
- Room 5 Full Bathrooms: 0
- Room 5 Half Bathrooms: 0
- Room 5 Area Units: Feet.Inches
- Room 5 Type: Additional Level
- Room 6 Information
- Room 6 Type: Bedroom 1
- Room 7 Information
- Room 7 Type: Bedroom 2
- Room 8 Information
- Room 8 Type: Bedroom 3
- Room 9 Information
- Room 9 Type: Bedroom 4
- Room 10 Information
- Room 10 Type: Living Room
- Room 11 Information
- Room 11 Type: Family Room
- Room 12 Information
- Room 12 Type: Formal Dining Room
- Room 13 Information
- Room 13 Type: Informal Dining Room
- Room 14 Information
- Room 14 Type: Kitchen
- Room 15 Information
- Room 15 Type: Laundry
- Room 16 Information
- Room 16 Full Bathrooms: 0
- Room 16 Half Bathrooms: 0
- Room 16 Type: Third Floor
- Heating & Cooling
- Heating: Gas, Forced Air, Gas Water Heater, Central Air
- Room Information
- Basement: Full, Unfinished
- Interior Features
- Window Treatments
- Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
- Fireplace Features: Family Room, Gas Log, Living Room, Multi-Sided
- Fireplaces Total: 1
Exterior
- Property Type
- Property Sub Type: Single Family Residence
- Exterior Features
- Fenced Yard, Screened Patio, Shed(s)
- Roof: Shingle
- Property Information
- Property Sub Type: Single Family Residence
- Lot Information
- Lot Features: Corner Lot
- Lot Size Dimensions: 14,370
- Building Information
- Is New Construction: No
- Building Area Total: 1624
Financial
- Tax Information
- Tax Year: 2021
- Tax Annual Amount: 3181
- Tax Legal Description: LOTS 44 & 45 SOUTH GRAND POINTE 2ND ADDN (14,370 SQ FT)
Utilities
- Utility Information
- Water Source: Public Sewer, Public
Location
- School Information
- Elementary School: Hazel Dell
- High School: Springfield Southeast
- Middle Or Junior School: Washington
- Location Information
- Directions: Take South Grand Avenue East to Knoll Pointe Dr. and turn left. House is on the corner of Knoll Pointe and Terrace Lane.
- Subdivision Name: Springfield
- MLS Area Minor: Springfield
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 6,600 square feet
- Style: Other
- Year Built: —
- Year Renovated: —
- County: Sangamon County
- APN: 14360353004
Other
- Listing Information
- MLS Area Minor: Springfield
- Standard Status: Closed
- Home Information
- Living Area: 2011
- Building Area Total: 1624
- Year Built: 2003
- Information for Agents
- Attribution Contact: Offc: 217-787-7000
Around this home
Schools
Public K-5 • Assigned • 3.2mi
Public 6-8 • Assigned • 0.6mi
Public 9-12 • Assigned • 0.9mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.00% chance of being in a wildfire in next 30 years
7 days above 105° expected this year, 20 days in 30 years
2% chance of strong winds in next 30 years
1 unhealthy days expected this year, 1 days in 30 years
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
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Nearby similar homes
New listings for sale in 62703
Home values near 2701 Terrace Ln
| Address | Redfin Estimate |
|---|---|
4 Beds | 3 Baths | 3200 Sq. Ft. | $204,919 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1517 Sq. Ft. | $193,052 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 2074 Sq. Ft. | $179,743 |
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