NOT LISTED FOR SALE

1305 Madison Dr Buffalo Grove, IL 60089

Estimated Value: $614,000 - $659,000

4 Beds
3 Baths
2,279 Sq Ft
$280/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $515,000 $226 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,743/month

23 Days on Market

Highlights

  • Family Room with Fireplace
  • Whirlpool Bathtub
  • Attached Garage
  • Meridian Middle School Rated A
  • Formal Dining Room
  • 4-minute walk to Old Farm Park

About This Home

As of October 2021

ABSOLUTELY MOVE IN READY GEM IN OLD FARM VILLAGE! COVENTRY MODEL. NORTH EAST FACING WITH AMAZING SUN LIGHT THROUGH OUT THE YEAR. FRONT STOOP! HOME HAS VAULTED CEILING. GORGEOUS HARDWOOD FLOORS. FIREPLACE IN THE FAMILY ROOM. OFFICE/DEN ON THE MAIN LEVEL. BRAND NEW LUXURY RENOVATED KITCHEN. GREY CABINETS WITH QUARTZ COUNTERS. STAINLESS STEEL APPLIANCES. NEW AIR CONDITIONER. NEW FURNACE. NEW LIGHT FIXTURES. MARBLE BACKSPLASH. MODERN CEILING LIGHTING (RECESSED LIGHTS) AT MULTIPLE SPOTS! RENOVATED POWDER ROOM. POTTERY BARN COLORS. UPSCALE WASHER AND DRYER. SECOND FLOOR HAS 4 BEDROOMS AND 2 FULL BATHS. TONS OF CLOSET SPACE. BASEMENT IS FINISHED LIKE A CITY LOFT WITH NEW LUXURY VINYL PLANK FLOORING. CAN LIGHTS. TONS OF SPACE TO ENTERTAIN. ONE YEAR OLD ROOF. HUGE PATIO OFF THE BACK SLIDING DOOR. SHED IN THE BACKYARD. RARE OPPORTUNITY TO FIND SOMETHING READY TO GO!

Last Agent to Sell the Property

AJ|Abhijit Leekha

Property Economics Inc. License #471009447 Listed on: 08/12/2021

Last Buyer's Agent

Beth Lloyd

Coldwell Banker Realty License #475087924

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,244

Year Built

  • 1987

Lot Details

  • 9,583

Parking

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

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Family Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,244

Year Built

1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: WEILAND FROM APTAKISTIC SOUTH TO THOMPSON, WEST TO MADISON, SOUTH TO HOME ON RIGHT
  • Lot Size: 110 X 131 X 113 X 48
  • Master Model: COVENTRY
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Old Farm Village
  • Special Features: None
  • Year Built: 1987

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Has Basement: Full
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2279
  • Basement Description: Finished,Crawl
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Window Features: Window Treatments
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Wood Laminate Floors, First Floor Laundry
  • Other Equipment: Humidifier, TV-Cable, Security System, CO Detectors, Ceiling Fan(s), Sump Pump, Air Purifier, Backup Sump Pump;
  • Dining Room Type: Den, Eating Area, Recreation Room, Office, Workshop

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Vinyl Siding,Brick,Stone
  • Lot Features: Landscaped
  • Other Structures: Shed(s)
  • Waterfront: No

Garage/Parking

  • 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
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Earl Pritchett School
  • High School: Adlai E Stevenson High School
  • Junior High Dist: 125
  • Middle Or Junior School: Aptakisic Junior High School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 12285.16
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Oct 13, 2021
Sold by
Shetty Ganesh and Ganesh Jayanthi
Bought by
Battur Mergen and Enkhbat Undral
Seller's Agent
AJ|Abhijit Leekha
Property Economics Inc.
Buyer's Agent
Beth Lloyd
Coldwell Banker Realty
List Price
$535,000
Sold Price
$515,000
Premium/Discount to List
-$20,000
-3.74%
Current Estimated Value
$638,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,638
Avg. Annual Appreciation
5.99%
Original Mortgage
$412,000
Outstanding Balance
$321,799
Interest Rate
2.28%
Mortgage Type
New Conventional
Estimated Equity
$324,079

Purchase Details

Closed on
Sep 8, 2017
Sold by
Solomon Myron and Dorothy L Klatzco Revocable Li
Bought by
Jayanthi Shetty Ganesh and Jayanthi Ganesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2006
Sold by
Klatzco Dorothy L D and Klatzco Richard D
Bought by
Klatzco Dorothy L and Dorothy L Klatzco Rev Liv Trus

Purchase Details

Closed on
Jul 31, 2000
Sold by
Klatzco Richard D and Klatzco Dorothy
Bought by
Klatzco Richard D and Klatzco Dorothy L
Source: Public Records

Range of Values:

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Average Value
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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
Battur Mergen $515,000 Attorney
Jayanthi Shetty Ganesh $407,500 Attorney
Klatzco Dorothy L -- None Available
Klatzco Richard D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Battur Mergen $412,000
Previous Owner Shetty Ganesh $327,000
Previous Owner Jayanthi Shetty Ganesh $366,750
Previous Owner Klatzco Dorothy L $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $515,000 -3.7% $226 / Sq Ft
09/05/2021 09/05/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $535,000 -- $235 / 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 $15,244 $171,953 $41,865 $130,088
2023 $13,343 $156,011 $37,984 $118,027
2022 $13,343 $142,573 $34,712 $107,861
2021 $12,870 $141,036 $34,338 $106,698
2020 $12,619 $141,517 $34,455 $107,062
2019 $12,285 $140,995 $34,328 $106,667
2018 $13,734 $159,172 $37,314 $121,858
2017 $13,323 $155,457 $36,443 $119,014
2016 $12,841 $148,862 $34,897 $113,965
2015 $12,558 $139,214 $32,635 $106,579
2014 $11,333 $125,394 $35,051 $90,343
2012 $11,348 $125,645 $35,121 $90,524
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11187843

Midwest Real Estate Data (MRED)

APN: 15-28-210-005