NOT LISTED FOR SALE

1115 Lockwood Dr Buffalo Grove, IL 60089

Estimated Value: $495,825 - $536,000

3 Beds
2 Baths
1,757 Sq Ft
$292/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $441,000 $251 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,858/month

2 Days on Market

Highlights

  • 0.46 Acre Lot
  • Colonial Architecture
  • Community Lake
  • Prairie Elementary School Rated A
  • Landscaped Professionally
  • Property is near a park

About This Home

As of May 2023

Multiple offers received best and final due by Sunday April 16 4pm Southwick Model situated on the largest (almost 1/2 acre) fenced lot in the neighborhood loaded with brand new beautiful professional landscaping, A big huge red oak tree in front and large willows in the back allow for backyard privacy. The brand new red front door welcomes you to your new home. The entire home painted top-to-botton including the basement, new ceramic floors and mirrors in 2nd floor bathroom, spacious finished basement with office area or can be converted by adding door and wall to a 4th bedroom plus there is a huge crawl space to use for additional storage. Kitchen was updated and expanded around 10 years ago with natural cherry cabinets and colored mosaic backsplash. All mechanicals are newer - HVAC in 2022, H20 heater in 2016, Roof/siding - 2017. All neutral carpets professionally cleaned. Built-in white Rabbit cabinets in garage.Walking distance to Green Lake Park which has tennis court, pickleball courts, play equipment and large lake to fish.

Last Agent to Sell the Property

penny silich

RE/MAX Suburban License #475122367 Listed on: 04/14/2023

RE/MAX Suburban

Last Buyer's Agent

Cathy Orlando

Baird & Warner License #475196656

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,507

Year Built

  • Built in 1983

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 56.1x212.7x34.1x41.3x74x171.7
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,757 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Aluminum Window Frames
  • Sliding Doors
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Home Office
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Full Attic
  • Storm Screens
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near a park

Schools

  • Prairie Elementary School
  • Twin Groves Middle School
  • Adlai E Stevenson High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Suffield Place Subdivision, Southwick Floorplan
  • Community Lake

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,507

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Suffield Place
  • Year Built: 1983
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 728
  • Interior Amenities: Hardwood Floors, Built-in Features
  • LivingArea: 1757
  • Other Equipment: Humidifier, TV-Cable, Ceiling Fan(s)
  • Room Type: Recreation Room, Office
  • Estimated Total Finished Sq Ft: 2485
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 1757
  • Basement Sq Ft: 728
  • Total Sq Ft: 2485
  • Upper Level Sq Ft: 879
  • Attic: Full
  • Main Level Sq Ft: 878
  • Door Features: Sliding Doors
  • Window Features: Aluminum Frames
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 429900
  • Lot Features: Fenced Yard, Landscaped
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Prairie Elementary School
  • High School: Adlai E Stevenson High School
  • Middle/Junior School: Twin Groves Middle School
  • Middle/Junior School District: 96

Lot Info

  • Lot Size Acres: 0.46
  • Lot Dimensions: 56.1X212.7X34.1X41.3X74X171.7
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10507
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

MLS Schools

  • Other Public Sch Dist: 96
  • Othr Public Sch: Willow Grove Kindergarten Center

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 8, 2023
Sold by
Norman Family 2022 Trust
Bought by
Rayappa Peter Arokiaraj Sa and Peter Joshi Petrisia
Seller's Agent
penny silich
RE/MAX Suburban
Buyer's Agent
Cathy Orlando
Baird & Warner
List Price
$429,900
Sold Price
$441,000
Premium/Discount to List
$11,100
2.58%
Views
29
Current Estimated Value
$512,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,956
Avg. Annual Appreciation
5.64%
Original Mortgage
$352,800
Outstanding Balance
$344,112
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$156,239

Purchase Details

Closed on
May 3, 2022
Sold by
Norman Hal J and Norman Rhonda J
Bought by
Norman Family 2022 Trust

Purchase Details

Closed on
Aug 14, 1996
Sold by
Szarkowicz Edward A and Szarkowicz Edward E
Bought by
Norman Hal J and Norman Rhonda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.18%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rayappa Peter Arokiaraj Sa $441,000 Chicago Title
Norman Family 2022 Trust -- Piercey & Associates Ltd
Norman Hal J $208,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rayappa Peter Arokiaraj Sa $352,800
Previous Owner Norman Hal J $145,400
Previous Owner Norman Hal J $144,600
Previous Owner Norman Hal J $150,000
Previous Owner Norman Hal J $146,000
Previous Owner Norman Hal J $145,000
Previous Owner Norman Hal J $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2023 05/09/23 Sold $441,000 +2.6% $251 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $429,900 -- $245 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,759 $136,165 $27,697 $108,468
2023 $10,923 $120,076 $24,424 $95,652
2022 $10,923 $110,749 $22,527 $88,222
2021 $10,507 $109,555 $22,284 $87,271
2020 $10,260 $109,929 $22,360 $87,569
2019 $10,120 $109,524 $22,278 $87,246
2018 $10,159 $113,264 $22,016 $91,248
2017 $9,966 $110,620 $21,502 $89,118
2016 $9,702 $105,928 $20,590 $85,338
2015 $9,440 $99,063 $19,256 $79,807
2014 $8,589 $89,456 $20,682 $68,774
2012 $8,537 $89,635 $20,723 $68,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11746071

Midwest Real Estate Data (MRED)

APN: 15-29-413-035