Seller's Agent in 2023
Peggy Cobrin
Coldwell Banker Realty
(847) 275-4503
18 in this area
120 Total Sales
1406 Madison Dr Buffalo Grove, IL 60089
Estimated Value: $558,000 - $632,000
3
Beds
3.5
Baths
2,062
Sq Ft
$287/Sq Ft
Est. Value
Highlights
- Landscaped Professionally
- Community Lake
- Recreation Room
- Meridian Middle School Rated A
- Property is near a park
- 3-minute walk to Veterans Park
About This Home
As of August 2023Single family home in popular Old Farm Village. Located in the heart of Buffalo Grove in the Stevenson School district and Pritchett/Tripp Elementary. 3 bedroom, 3.1 bath home with a 2 car garage has so much to offer. Sitting on a tree lined street across from the new refurbished playground with tennis courts and basket ball courts it doesn't get much better than this! Do you like sledding, the open area across from 1406 Madison is perfect for fresh snowy days. Updated inside and out from the moment you pull up you will notice the new front door with side light, new garage door, and extensive hardscape. Backyard is a knock out as well! Gorgeous Pergola with an awning and lights in a fenced in fully landscaped yard. Shed stays too! Updated kitchen has granite counters, stainless steel appliances, double sink, a pantry with pull out drawers, deep drawers found under the gas cook top with custom exhaust hood, loads of upper & lower cabinets some with glass inserts and a breakfast bar that also serves as the perfect buffet when entertaining family & friends. Kitchen overlooks family room with gas start wood burning fireplace, hardwood floors, new sliders leading to private back yard and space for your largest television. Updated powder room and wet bar are found on this level too! Upper level has a double door entry to the primary suite with walk in closet, private bath and ceiling fan, two additional bedrooms are also found on this level. Finished basement has spa like bath with an oversize tub with jets, custom lighting, vanity and mirror. Full size front load washer and dryer are comfort height and come with storage drawers for all your cleaning supplies. Currently the lower level has an office area, multiple storage areas and a recreational area. The Costco closet has built in shelves that will stay. 75 gallon hot water(2017) tank means you don't run out of hot water. New lighting found thru out, recessed lighting in many rooms, updated powder room too. A list of updates and special features are found under the additional information tab. Minutes from Aptakisic Junior high and Twin Rinks Ice Rink. Close to Metra Train Station, all shopping and all major transportation. Less than 30 minutes to O'Hare International. School bus service for all students. Enjoy the award winning Vernon Township Library and Buffalo Grove Park District. "Old Farm Village" is a great place to call home!
Last Agent to Sell the Property
Coldwell Banker Realty License #471003480 Listed on: 06/23/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,614
Year Built
- Built in 1987
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 69x124x68x125
- Fenced Yard
- Landscaped Professionally
- Paved or Partially Paved Lot
- Garden
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- On-Street Parking
- Visitor Parking
- Parking Included in Price
Home Design
- Split Level with Sub
- Tri-Level Property
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,062 Sq Ft Home
- Built-In Features
- Dry Bar
- Vaulted Ceiling
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- L-Shaped Dining Room
- Recreation Room
- Storage Room
- Unfinished Attic
- Storm Screens
Kitchen
- Double Oven
- Gas Cooktop
- Range Hood
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- Whirlpool Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Patio
- Shed
- Pergola
Location
- Property is near a park
Schools
- Earl Pritchett Elementary School
- Aptakisic Junior High School
- Adlai E Stevenson High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Old Farm Village Subdivision, Cambridge Floorplan
- Community Lake
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2023
Closed on
Aug 3, 2023
Sold by
Cherry David G and Cherry Kolleen K
Bought by
Mane Rahul and Ambre Sarita
Seller's Agent
Peggy Cobrin
Coldwell Banker Realty
Buyer's Agent
Dale Logan
Coldwell Banker Realty
List Price
$539,500
Sold Price
$545,000
Premium/Discount to List
$5,500
1.02%
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,088
Avg. Annual Appreciation
4.18%
Original Mortgage
$325,000
Outstanding Balance
$297,956
Interest Rate
6.06%
Mortgage Type
New Conventional
Estimated Equity
$295,474
Purchase Details
Closed on
Mar 20, 1998
Sold by
Cherry David G and Schulze Kolleen K
Bought by
Cherry David G and Cherry Kolleen K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
7.15%
Purchase Details
Closed on
Aug 21, 1997
Sold by
Tramanto Richard M and Gand Gale
Bought by
Cherry David G and Schulze Kolleen K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
7.57%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mane Rahul | $545,000 | Proper Title | |
| Cherry David G | -- | First American Title Ins Co | |
| Cherry David G | $156,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mane Rahul | $325,000 | |
| Previous Owner | Cherry David G | $100,000 | |
| Previous Owner | Cherry David G | $80,000 | |
| Previous Owner | Cherry David G | $243,000 | |
| Previous Owner | Cherry David G | $225,500 | |
| Previous Owner | Cherry David G | $164,000 | |
| Previous Owner | Cherry David G | $75,000 | |
| Previous Owner | Cherry David G | $177,000 | |
| Previous Owner | Cherry David G | $186,000 | |
| Previous Owner | Cherry David G | $187,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2023 08/10/23 | Sold | $545,000 | +1.0% | $264 / Sq Ft |
| 06/26/2023 06/26/23 | Pending | -- | -- | -- |
| 06/23/2023 06/23/23 | For Sale | $539,500 | -- | $262 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $12,475 | $150,528 | $43,723 | $106,805 |
| 2023 | $11,614 | $129,121 | $37,505 | $91,616 |
| 2022 | $11,614 | $124,873 | $36,271 | $88,602 |
| 2021 | $11,201 | $123,527 | $35,880 | $87,647 |
| 2020 | $10,983 | $123,948 | $36,002 | $87,946 |
| 2019 | $10,693 | $123,491 | $35,869 | $87,622 |
| 2018 | $11,415 | $137,865 | $43,321 | $94,544 |
| 2017 | $11,865 | $134,647 | $42,310 | $92,337 |
| 2016 | $11,451 | $128,935 | $40,515 | $88,420 |
| 2015 | $11,222 | $120,579 | $37,889 | $82,690 |
| 2014 | $10,377 | $110,755 | $40,693 | $70,062 |
| 2012 | $10,048 | $110,977 | $40,775 | $70,202 |
Source: Public Records
Agents Affiliated with this Home
-
Peggy Cobrin
-
Dale Logan
Buyer's Agent in 2023
Dale Logan
Coldwell Banker Realty
(847) 282-0047
2 in this area
22 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11804985
APN: 15-28-211-001
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