NOT LISTED FOR SALE

1194 Franklin Ln Unit 1194 Buffalo Grove, IL 60089

Estimated Value: $372,522 - $387,000

3 Beds
3 Baths
1,524 Sq Ft
$306/mo HOA Fee

Last Sold April 22, 2016

Last sale price $255,000 $167 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,040/month

5 Days on Market

Highlights

  • Water Views
  • Pond
  • Walk-In Pantry
  • Kildeer Countryside Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Children’s Park

About This Home

As of April 2016

*H&B by 3/14 at 12pm** Enjoy a wonderful view of a quiet pond and club house in this beautifully updated 1524 sq ft 3 bedroom 2.1 bath 2 car garage and 2 story town-home with full bsmt. Beautiful hardwood floors throughout the first floor take you through nice eat-in-kitchen with ample cabinets and counter space, recessed lights and view to the living room overlooking the yard and pond. Large living room features a gas start fireplace and a scenic view of the yard. Master bedroom features a full updated master bath and a step-in closet. 2 more bedrooms overlooking the pond. All 3 bthrms updated with trendy fixtures. 720 sq ft of unfinished basement is ready for your creativity. Heating and cooling new. Enjoy the many amenities including complete snow removal, pool and club house. Award winning schools: #96 Killdeer Countryside / Woodlawn and #125 Adlai Stevenson High School. Minutes to 53, shopping, and much more. Investors welcome. FHA Approved. Estate Sale, AS-IS but MOVE IN READY.

Last Agent to Sell the Property

Mario Bilotas

Four Daughters Real Estate License #471016608 Listed on: 03/10/2016

Last Buyer's Agent

Amy Kite

Keller Williams Infinity License #475132989

Keller Williams Infinity

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,687

Year Built

  • 1976

Lot Details

  • Cul-De-Sac

HOA Fees

  • $306 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Dining Area
  • Storage
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Patio

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,687

Year Built

1976

Lot Details

0

HOA Fees

$306 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1976
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1976

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Laundry, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 8
  • Living Room: Dimensions: 19X15, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Sump Pump
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 07X06, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Closet
  • Additional Rooms: Eating Area
  • Master Bedroom: Dimensions: 16X11, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Eating Area, Dimensions: 12X09, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 2: Dimensions: 16X10, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 10X07, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 1524
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 35X18, On Level: Basement, Flooring: Other, Windows: None

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Patio, Cable Access

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Park/Playground, Party Room, Pool-Outdoors, Tennis Court/s
  • Assessment Includes: Parking, Common Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 306
  • Management Contact Name: KENT LOWE
  • Management Phone: 847-806-6121

Fee Information

  • Management Company: PSI

Schools

  • School District: 125
  • Elementary School: KILDEER COUNTRYSIDE ELEMENTARY S
  • Middle School: WOODLAWN MIDDLE SCHOOL
  • High School: ADLAI E STEVENSON HIGH SCHOOL
  • Junior High Dist: 96

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Cul-de-sac, Pond, Water View
  • Parcel Identification Number: 15304010690000

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 2

Tax Info

  • Taxes: 5872.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Mandel Phyllis and Mandel Carrie
Bought by
Mandel Joint Living Trust and Mandel
Total Days on Market
5
Current Estimated Value
$378,631

Purchase Details

Closed on
Jul 6, 2016
Sold by
Mandel Phyllis and Mandel Daniel A
Bought by
Mandel Phyllis and Mandel Carrie

Purchase Details

Listed on
Mar 10, 2016
Closed on
Apr 20, 2016
Sold by
Chicago Title Land Trust Company
Bought by
Mandel Phyllis
Seller's Agent
Mario Bilotas
Four Daughters Real Estate
Buyer's Agent
Amy Kite
Keller Williams Infinity
List Price
$254,900
Sold Price
$255,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$80,000
Interest Rate
3.99%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Mandel Joint Living Trust -- None Listed On Document
Mandel Phyllis -- Attorney
Mandel Phyllis $255,000 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mandel Phyllis $80,000
Previous Owner Chicago Title Land Trust Co $191,000
Previous Owner Lasalle Bank Na $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $255,000 0.0% $167 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
03/14/2016 03/14/16 Off Market $255,000 -- --
03/10/2016 03/10/16 For Sale $254,900 -- $167 / 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 $8,687 $106,710 $27,439 $79,271
2023 $7,792 $100,689 $25,891 $74,798
2022 $7,792 $85,724 $22,043 $63,681
2021 $7,109 $84,799 $24,604 $60,195
2020 $6,945 $85,088 $24,688 $60,400
2019 $6,842 $84,774 $24,597 $60,177
2018 $6,460 $81,662 $23,694 $57,968
2017 $6,203 $76,112 $23,141 $52,971
2016 $6,009 $72,883 $22,159 $50,724
2015 $5,798 $68,160 $20,723 $47,437
2014 $5,734 $66,697 $22,256 $44,441
2012 $5,815 $66,831 $22,301 $44,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09161163

Midwest Real Estate Data (MRED)

APN: 15-30-401-069