NOT LISTED FOR SALE

1418 Margate Dr Buffalo Grove, IL 60089

Estimated Value: $493,075 - $555,000

3 Beds
3 Baths
1,409 Sq Ft
$372/Sq Ft Est. Value

Last Sold February 03, 2022

Last sale price $380,000 $270 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,807/month

123 Days on Market

About This Home

As of February 2022

Welcome to desirable Old Farm Village! As you enter this home you are met with high ceilings in the family room and with the Eastern Exposure you get loads of natural light. The family room leads to the large dining room and right into the light and bright newly remodeled kitchen. The Kitchen boasts white cabinets, quartz countertops, stainless steel appliances and black finishes. The kitchen overlooks the downstairs living area. The downstairs living area has new carpet and new double sliding glass doors. The double sliders lead you to the brick paver patio that was just done last summer! On that lower level you have a newly updated powder room. Off the two car attached garage you have your laundry room and little mud room area. As you make your way upstairs you are met with three large sized bedrooms. The Primary Suite bathroom is newly updated and the primary suite also has a nice walk in closet! the secondary bathroom on the second level has also been updated with new floors, new vanity and new light fixtures. The whole home has NEW FLOORS, FRESH PAINT, NEW LIGHT FIXTURES, UPDATED BATHROOMS AND KITCHEN, NEW CARPET, NEW BANISTERS, NEW FURNACE, NEW A/C, NEW WATER HEATER, NEW PATIO. The original owner has done EVERYTHING so all you have to do is MOVE IN!!! All of this in award winning D102 and Stevenson High School!!!

Last Agent to Sell the Property

Danielle Izen

RE/MAX Suburban License #475178638 Listed on: 08/19/2021

RE/MAX Suburban

Last Buyer's Agent

Raj Potluri

Keller Williams Infinity License #475193613

Keller Williams Infinity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,349

Year Built | Renovated

  • 1987 | 2021

Lot Details

  • 0.29

Parking

  • Attached Garage
  • Parking Space is Owned

Home Design

  • Split Level with Sub
  • Vinyl Siding

Additional Features

  • Unfinished Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,349

Year Built | Renovated

1987 | 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: Split Level w/ Sub
  • Property Sub Type: Split Level w/ Sub
  • 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): Yes
  • Rehab Year: 2021
  • Directions: Weiland South of Aptakisic to Thompson & West to Margat
  • Lot Size: 120X102
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Old Farm Village
  • Special Features: None
  • Year Built: 1987
  • Year Renovated: 2021

Interior Features

  • Has Basement: Partial
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1409
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

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

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 11221.72
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Jan 14, 2022
Sold by
Fernandez Linda L
Bought by
Angirekula Sreekanth and Angirekula Swapna
Seller's Agent
Danielle Izen
RE/MAX Suburban
Buyer's Agent
Raj Potluri
Keller Williams Infinity
List Price
$415,000
Sold Price
$380,000
Premium/Discount to List
-$35,000
-8.43%
Current Estimated Value
$524,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,019
Avg. Annual Appreciation
9.07%
Original Mortgage
$361,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 1997
Sold by
Fernandez Raul E
Bought by
Fernandez Linda 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
Angirekula Sreekanth $380,000 Chicago Title
Fernandez Linda L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Angirekula Sreekanth $361,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2022 02/03/22 Sold $380,000 -8.4% $270 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $415,000 -- $295 / 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 $12,349 $149,109 $28,698 $120,411
2023 $11,010 $127,905 $24,617 $103,288
2022 $11,010 $123,697 $23,807 $99,890
2021 $10,614 $122,363 $23,550 $98,813
2020 $11,060 $129,780 $23,630 $106,150
2019 $11,222 $129,302 $23,543 $105,759
2018 $11,131 $128,103 $28,437 $99,666
2017 $10,985 $125,113 $27,773 $97,340
2016 $10,601 $119,806 $26,595 $93,211
2015 $10,386 $112,041 $24,871 $87,170
2014 $9,750 $104,428 $26,711 $77,717
2012 $9,673 $104,638 $26,765 $77,873
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11186722

Midwest Real Estate Data (MRED)

APN: 15-28-107-002