NOT LISTED FOR SALE

1402 Madison Dr Buffalo Grove, IL 60089

Estimated Value: $658,000 - $756,000

3 Beds
3 Baths
2,220 Sq Ft
$309/Sq Ft Est. Value

Last Sold February 26, 2015

Last sale price $448,250 $202 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,063/month

75 Days on Market

Highlights

  • Colonial Architecture
  • Landscaped Professionally
  • Wooded Lot
  • Meridian Middle School Rated A
  • Recreation Room
  • 2-minute walk to Veterans Park

About This Home

As of February 2015

Sought after Marlboro 4 BR listed as a 3 BR + Loft. Updated & Remodeled! Tons of updates incl: New carpeting in FR, New Roof, AC, H2O Htr, Sump Pump & MBTH/Pwdr Rm Redone. Newr Furn, SS & Gran Kit. Cust Frnt Prch & Back BR patio w/gas fire pit. Spac Rms w/Cathedral Ceilings! Huge Kit & FR. Fin Bsmt w/play area & TV or wrkout area. Close to park. Grt family home in Grt community w/award winning schls-Stevenson HS!

Last Agent to Sell the Property

Sharon Kessel

Coldwell Banker Realty License #471000659 Listed on: 10/24/2014

Coldwell Banker Realty

Last Buyer's Agent

David Meister

Berkshire Hathaway HomeServices Chicago

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,190

Year Built

  • 1987

Lot Details

  • East or West Exposure
  • Landscaped Professionally
  • Wooded Lot

Parking

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

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Rolled Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Dining Area
  • Recreation Room
  • Loft
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Crawl Space

Utilities

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

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,190

Year Built

1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1987
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Wood Laminate Floors, 1st Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 18X12, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Sump Pump
  • Attic: Unfinished
  • Basement: Partial
  • Basement: Finished, Crawl
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 7X5, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 13X12, On Level: Main Level, Flooring: Wood Laminate, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 13X10, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Eating Area, Loft, Recreation Room
  • Master Bedroom: Dimensions: 17X12, On Level: 2nd Level, Flooring: Carpet, Windows: Shades
  • Additional Room 1 Name: Eating Area, Dimensions: 12X7, On Level: Main Level, Flooring: Ceramic Tile, Windows: Shades
  • Additional Room 2 Name: Loft, Dimensions: 15X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 14X10, On Level: 2nd Level, Flooring: Carpet, Windows: Shades
  • Additional Room 3 Name: Recreation Rm, Dimensions: 28X22, On Level: Lower, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet, Windows: Shades
  • Estimated Sq Ft: 2220
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X13, On Level: Main Level, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Rolled)
  • Exterior Property Features: Patio
  • Exposure: E (East)
  • Acreage: 0.21

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage, Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 125
  • Elementary School: EARL PRITCHETT SCHOOL
  • Middle School: APTAKISIC JUNIOR HIGH SCHOOL
  • High School: ADLAI E STEVENSON HIGH SCHOOL
  • Junior High Dist: 102

Lot Info

  • Lot Dimensions: 117X47X115X120
  • Lot Description: Landscaped Professionally, Wooded
  • Parcel Identification Number: 15282110030000

Tax Info

  • Taxes: 12160.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2022
Sold by
Holmquist Christopher and Holmquist Elaine
Bought by
Christopher R Holmquist Trust and Elaine T Holmquist Trust
Current Estimated Value
$686,827

Purchase Details

Listed on
Oct 24, 2014
Closed on
Feb 22, 2015
Sold by
Greenspan Jeremy and Greenspan Sarah
Bought by
Holmquist Christopher and Holmquist Elaine
Seller's Agent
Sharon Kessel
Coldwell Banker Realty
Buyer's Agent
David Meister
Berkshire Hathaway HomeServices Chicago
List Price
$479,900
Sold Price
$448,250
Premium/Discount to List
-$31,650
-6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$417,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2008
Sold by
Rabin Harvey M and Rabin Cheryl M
Bought by
Greenspan Jeremy and Greenspan Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,900
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
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
Christopher R Holmquist Trust -- --
Holmquist Christopher $448,250 Attorneys Title Guaranty Fun
Greenspan Jeremy $470,000 St
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holmquist Christopher $417,000
Previous Owner Greenspan Jeremy $375,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2015 02/26/15 Sold $448,250 -4.6% $202 / Sq Ft
01/07/2015 01/07/15 Pending -- -- --
11/05/2014 11/05/14 Price Changed $469,900 -2.1% $212 / Sq Ft
10/24/2014 10/24/14 For Sale $479,900 -- $216 / 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 $17,190 $192,777 $44,483 $148,294
2023 $15,030 $174,903 $40,359 $134,544
2022 $15,030 $159,838 $36,883 $122,955
2021 $14,497 $158,114 $36,485 $121,629
2020 $14,214 $158,653 $36,609 $122,044
2019 $13,838 $158,068 $36,474 $121,594
2018 $14,294 $162,781 $39,646 $123,135
2017 $14,109 $158,982 $38,721 $120,261
2016 $13,621 $152,237 $37,078 $115,159
2015 $13,357 $142,371 $34,675 $107,696
2014 $12,160 $128,761 $37,240 $91,521
2012 $12,067 $129,019 $37,315 $91,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08761065

Midwest Real Estate Data (MRED)

APN: 15-28-211-003