NOT LISTED FOR SALE

1516 Anderson Ln Unit I7 Buffalo Grove, IL 60089

Estimated Value: $334,000 - $436,000

3 Beds
2.5 Baths
1,635 Sq Ft
$231/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $285,000 $174 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,982/month

2 Days on Market

Highlights

  • Waterfront
  • Formal Dining Room
  • Laundry Room
  • Kildeer Countryside Elementary School Rated A
  • 1 Car Attached Garage
  • 4-minute walk to Children’s Park

About This Home

As of February 2023

Beautifully maintained townhome in possibly the best location in The Crossings. The back patio overlooks a lovely landscaped yard with a large pond surrounded by Willows and other trees creating a very private and serine setting. The large Livingroom overlooks the patio and yard and features a fireplace for those cool evenings. This home has an eat-in kitchen as well as an additional dining room. The spacious second level allows for 3 full bedrooms and 2 baths including a very roomy primary suite. The basement is open with high ceilings giving the option for more living space. The attached garage and driveway allow for plenty of parking.

Last Agent to Sell the Property

Brian Grienenberger

Baird & Warner License #475146770 Listed on: 12/05/2022

Baird & Warner

Last Buyer's Agent

Billy Kim

Williams Realty Group License #471018180

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,528

Lot Details

  • Waterfront

HOA Fees

  • $328 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Interior Spaces

  • 1,635 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

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

Schools

  • Kildeer Countryside Elementary S
  • Woodlawn Middle School
  • Adlai E Stevenson High School

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 4 Units
  • Jeanine Molinelli Association, Phone Number (847) 459-1222
  • Property managed by Foster Premier Inc

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,528

Lot Details

0

HOA Fees

$328 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: First Floor Laundry
  • LivingArea: 1635
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Unfinished Lower Sq Ft: 755
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 285000
  • Waterfront: Yes
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 328
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Foster Premier Inc
  • Management Contact Name: Jeanine Molinelli
  • Management Phone: 847-459-1222
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Kildeer Countryside Elementary S
  • High School: Adlai E Stevenson High School
  • Middle/Junior School: Woodlawn Middle School
  • Middle/Junior School District: 96

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5528.1
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2022
Closed on
Feb 2, 2023
Sold by
Ellen J Jacobs Living Trust
Bought by
Kim Julie A
Seller's Agent
Brian Grienenberger
Baird & Warner
Buyer's Agent
Billy Kim
Williams Realty Group
List Price
$285,000
Sold Price
$285,000
Views
136
Current Estimated Value
$377,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,265
Avg. Annual Appreciation
8.98%
Original Mortgage
$228,000
Outstanding Balance
$221,933
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$133,832

Purchase Details

Closed on
Apr 10, 1998
Sold by
Jacobs Rodney L and Jacobs Ellen J
Bought by
Jacobs Ellen J

Purchase Details

Closed on
May 22, 1997
Sold by
Cramer Alan R and Cramer Kathleen
Bought by
Jacobs Rodney and Jacobs Ellen

Purchase Details

Closed on
Apr 27, 1994
Sold by
Dolan Kevin P and Howlett Megan J
Bought by
Cramer Alan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
6.75%
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
Kim Julie A $285,000 Chicago Title
Jacobs Ellen J -- --
Jacobs Rodney $157,000 Standard Title
Cramer Alan R $101,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Julie A $228,000
Previous Owner Cramer Alan R $136,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $285,000 0.0% $174 / Sq Ft
12/08/2022 12/08/22 Pending -- -- --
12/05/2022 12/05/22 For Sale $285,000 -- $174 / 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 $7,949 $99,078 $27,439 $71,639
2023 $7,152 $93,488 $25,891 $67,597
2022 $7,152 $79,593 $22,043 $57,550
2021 $5,528 $78,734 $24,604 $54,130
2020 $5,379 $79,003 $24,688 $54,315
2019 $5,252 $78,712 $24,597 $54,115
2018 $5,224 $75,824 $23,694 $52,130
2017 $5,190 $74,054 $23,141 $50,913
2016 $5,290 $70,912 $22,159 $48,753
2015 $5,526 $66,316 $20,723 $45,593
2014 $5,609 $65,482 $22,256 $43,226
2012 $5,690 $65,614 $22,301 $43,313
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11683014

Midwest Real Estate Data (MRED)

APN: 15-30-401-019