NOT LISTED FOR SALE

1413 Madison Dr Buffalo Grove, IL 60089

Estimated Value: $625,000 - $695,000

4 Beds
2.5 Baths
2,279 Sq Ft
$291/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $555,000 $244 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,905/month

11 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Recreation Room
  • Meridian Middle School Rated A
  • Property is near a park
  • 4-minute walk to Veterans Park

About This Home

As of March 2023

Large 4 bedroom home in a charming neighborhood, close to park & school. Two story foyer welcomes you to this home with newer carpeting & wood floors. Living room opens to a sitting/sun room/office overlooking the backyard. The family room boasts a fireplace off the large kitchen. All bedrooms on the second floor have ceiling fans. The master suite offers a large bathroom with tub, a separate shower, two vanities & skylight. There are window shades throughout. The basement has a large recreation room & storage closets. The large, unfinished space has a crawl space, newer furnace, hot water heater. There is a large deck. Newer Dutch lap siding. Coated garage floor & a large backyard.

Last Agent to Sell the Property

Houda Chedid

Compass License #471005938 Listed on: 02/03/2023

Compass

Last Buyer's Agent

Yion Yng

Chicagoland Brokers, Inc. License #475170728

Chicagoland Brokers, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,346

Year Built

  • Built in 1988

Lot Details

  • 8,756 Sq Ft Lot
  • Lot Dimensions are 86.4 x 124.9 x 123.1 x 54.8
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,279 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Skylights
  • Blinds
  • French Doors
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Home Gym

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Location

  • Property is near a park

Schools

  • Earl Pritchett Elementary School
  • Aptakisic Junior High School
  • Adlai E Stevenson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Old Farm Village Subdivision, Coventry Floorplan

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,346

Year Built

Built in 1988

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: Old Farm Village
  • Year Built: 1988
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Wood Laminate Floors, First Floor Laundry, Open Floorplan, Separate Dining Room
  • LivingArea: 2279
  • Room Type: Recreation Room, Exercise Room, Sun Room, Eating Area
  • Estimated Total Finished Sq Ft: 2279
  • Assessed Sq Ft: 3691
  • Basement Description: Partially Finished,Rec/Family Area
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2279
  • Basement Sq Ft: 1412
  • Fireplace Location: Family Room
  • Square Footage Comments: SQFT, come from the assessor's office . Above ground is 2,279 Sqft. Basement 1,412 Sqft. Total Sqft of all levels 3,691Sqft according to the assessor.
  • Total Sq Ft: 3691
  • Upper Level Sq Ft: 2279
  • Door Features: French Doors
  • Window Features: Blinds,Skylight(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 574900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(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: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Sidewalks, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Earl Pritchett School
  • High School: Adlai E Stevenson High School
  • Middle/Junior School: Aptakisic Junior High School
  • Middle/Junior School District: 102

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.201
  • Lot Dimensions: 86.4 X 124.9 X 123.1 X 54.8
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 13346.22
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Mar 21, 2023
Sold by
Sarmas Daniel B and Sarmas Laura L
Bought by
Tao Donghua and Wu Haibo
Seller's Agent
Houda Chedid
Compass
Buyer's Agent
Yion Yng
Chicagoland Brokers, Inc.
List Price
$574,900
Sold Price
$555,000
Premium/Discount to List
-$19,900
-3.46%
Views
92
Current Estimated Value
$663,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,530
Avg. Annual Appreciation
5.85%
Original Mortgage
$444,000
Outstanding Balance
$433,090
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$204,432

Purchase Details

Closed on
Aug 18, 1995
Sold by
Batman James M and Batman Cynthia P
Bought by
Sarmas Daniel L and Sarmas Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.64%
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
Tao Donghua $555,000 Chicago Title
Sarmas Daniel L $287,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tao Donghua $444,000
Previous Owner Sarmas Daniel D $250,000
Previous Owner Sarmas Daniel B $189,600
Previous Owner Sarmas Daniel L $203,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $555,000 -3.5% $244 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $574,900 -- $252 / 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 $15,814 $178,049 $44,305 $133,744
2023 $13,837 $161,540 $40,197 $121,343
2022 $13,837 $147,627 $36,735 $110,892
2021 $13,346 $146,035 $36,339 $109,696
2020 $13,086 $146,533 $36,463 $110,070
2019 $12,740 $145,993 $36,329 $109,664
2018 $14,411 $164,065 $39,491 $124,574
2017 $14,225 $160,235 $38,569 $121,666
2016 $13,733 $153,438 $36,933 $116,505
2015 $13,467 $143,493 $34,539 $108,954
2014 $12,133 $128,480 $37,095 $91,385
2012 $12,016 $128,737 $37,169 $91,568
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11712275

Midwest Real Estate Data (MRED)

APN: 15-28-213-007