1416 Rachel Ln Buffalo Grove, IL 60089
South Buffalo Grove NeighborhoodEstimated Value: $489,792 - $611,000
            
                3
                Beds
            
            
            
                3
                Baths
            
            
            
                1,806
                Sq Ft
            
            
                
                    $305/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 1416 Rachel Ln, Buffalo Grove, IL 60089 and is currently estimated at $550,448, approximately $304 per square foot. 1416 Rachel Ln is a home located in Cook County with nearby schools including Henry W Longfellow Elementary School, Cooper Middle School, and Buffalo Grove High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Dec 12, 2002
            
        
                Sold by
            
            
                Hurley James A and Hurley Elizabeth A
            
        
                Bought by
            
            
                Kastein John A
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $250,400
            
        
                Outstanding Balance
            
            
                $106,707
            
        
                Interest Rate
            
            
                6.13%
            
        
                Estimated Equity
            
            
                $443,741
            
        Purchase Details
                Closed on
            
            
                Aug 31, 1998
            
        
                Sold by
            
            
                Bong Chang Soo and Bong Jin Suk
            
        
                Bought by
            
            
                Hurley James A and Hurley Elizabeth A
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $165,000
            
        
                Interest Rate
            
            
                7.06%
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Kastein John A | $313,000 | -- | |
| Hurley James A | $226,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Kastein John A | $250,400 | |
| Previous Owner | Hurley James A | $165,000 | 
                Source: Public Records
            
        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 | $9,597 | $33,301 | $7,945 | $25,356 | 
| 2023 | $9,724 | $33,301 | $7,945 | $25,356 | 
| 2022 | $9,724 | $35,000 | $7,945 | $27,055 | 
| 2021 | $9,360 | $29,822 | $4,514 | $25,308 | 
| 2020 | $9,186 | $29,822 | $4,514 | $25,308 | 
| 2019 | $9,232 | $33,247 | $4,514 | $28,733 | 
| 2018 | $9,023 | $29,635 | $3,972 | $25,663 | 
| 2017 | $9,817 | $32,417 | $3,972 | $28,445 | 
| 2016 | $10,230 | $35,069 | $3,972 | $31,097 | 
| 2015 | $9,833 | $31,567 | $3,430 | $28,137 | 
| 2014 | $9,688 | $31,567 | $3,430 | $28,137 | 
| 2013 | $9,327 | $32,829 | $3,430 | $29,399 | 
                Source: Public Records
                    
            
        Map
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