Seller's Agent in 2024
Thomas Wagner
Compass
(847) 906-1872
1 in this area
78 Total Sales
1551 Rachel Ln Buffalo Grove, IL 60089
South Buffalo Grove NeighborhoodEstimated Value: $662,000 - $699,000
4
Beds
2.5
Baths
2,771
Sq Ft
$247/Sq Ft
Est. Value
Highlights
- Above Ground Pool
- Open Floorplan
- Deck
- Buffalo Grove High School Rated A+
- Community Lake
- 3-minute walk to Nickol Knoll Park
About This Home
As of July 2024Welcome to 1551 Rachel Ln, a beautifully updated and impeccably maintained home situated on a corner lot tucked away in one of the most desirable areas of Buffalo Grove! This 4 bed 2.1 bath home exudes quality in every corner. The main floor has been thoughtfully expanded providing the space and open concept you desire while allowing tons of natural light to pour in. The kitchen is truly the heart of this home with its custom cabinetry guaranteeing everything has it's place, and it's open concept ensuring you're never out of the conversation when entertaining. The hardwood floors are carried throughout both levels and accentuate the generous sizes of all the bedrooms. A full finished basement adds even more space with an open main rec area, a separate room you can use as an office, craft, or play area, and tons of additional storage space. But the backyard is where you'll want to spend your summers with its massive 475 sq ft deck, above ground pool, and beautiful views looking out onto Nickol Knoll! This is the one! Updates Include: 2021 - roof, front door; 2020 - pool, water heater; 2017 - fence; 2016 - siding; 2014 - windows; 2011 - HVAC, sliding door
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,037
Year Built
- Built in 1986
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 82 x 107 x 80 x 107
- Fenced Yard
- Corner Lot
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,771 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Gas Log Fireplace
- Entrance Foyer
- Family Room with Fireplace
- Formal Dining Room
- Home Office
- Recreation Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
Laundry
- Laundry on main level
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Outdoor Features
- Above Ground Pool
- Deck
Location
- Property is near a park
Schools
- Henry W Longfellow Elementary Sc
- Cooper Middle School
- Buffalo Grove High School
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
- Gas Water Heater
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Windfield Subdivision
- Community Lake
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2024
Closed on
Jul 1, 2024
Sold by
Swirsley David and Swirsley Lydia
Bought by
Mcgrath Trevor S and Mcgrath Karen M
Seller's Agent
Thomas Wagner
Compass
Buyer's Agent
David Schwabe
Compass
List Price
$700,000
Sold Price
$670,000
Premium/Discount to List
-$30,000
-4.29%
Views
6
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
$13,753
Avg. Annual Appreciation
1.39%
Original Mortgage
$502,500
Outstanding Balance
$498,425
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$182,364
Purchase Details
Closed on
Jul 26, 2001
Sold by
Swimmer Mark and Swimmer Janice L
Bought by
Swirsley David and Swirsley Lydia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.14%
Purchase Details
Closed on
Aug 1, 1994
Sold by
Swimmer Mark and Swimmer Janice L
Bought by
Swimmer Mark and Swimmer Janice L
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 |
|---|---|---|---|
| Mcgrath Trevor S | $670,000 | Chicago Title | |
| Swirsley David | $382,500 | -- | |
| Swimmer Mark | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcgrath Trevor S | $502,500 | |
| Previous Owner | Swirsley David | $440,000 | |
| Previous Owner | Swirsley David | $134,000 | |
| Previous Owner | Swirsley David | $170,000 | |
| Previous Owner | Swirsley David | $174,000 | |
| Previous Owner | Swirsley David | $150,000 | |
| Previous Owner | Swirsley David | $215,000 | |
| Previous Owner | Swirsley David | $215,000 | |
| Previous Owner | Swimmer Mark | $206,250 | |
| Previous Owner | Swimmer Mark | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2024 07/08/24 | Sold | $670,000 | -4.3% | $242 / Sq Ft |
| 06/01/2024 06/01/24 | Pending | -- | -- | -- |
| 05/29/2024 05/29/24 | For Sale | $700,000 | -- | $253 / 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 | $11,532 | $42,000 | $9,985 | $32,015 |
| 2023 | $11,037 | $42,000 | $9,985 | $32,015 |
| 2022 | $11,037 | $42,000 | $9,985 | $32,015 |
| 2021 | $10,197 | $34,856 | $5,673 | $29,183 |
| 2020 | $10,064 | $34,856 | $5,673 | $29,183 |
| 2019 | $10,992 | $41,673 | $5,673 | $36,000 |
| 2018 | $11,019 | $38,180 | $4,992 | $33,188 |
| 2017 | $10,853 | $38,180 | $4,992 | $33,188 |
| 2016 | $11,601 | $41,217 | $4,992 | $36,225 |
| 2015 | $11,122 | $35,361 | $4,311 | $31,050 |
| 2014 | $10,956 | $35,361 | $4,311 | $31,050 |
| 2013 | $11,076 | $38,489 | $4,311 | $34,178 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Wagner
-
David Schwabe
Buyer's Agent in 2024
David Schwabe
Compass
(847) 636-6747
12 in this area
428 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12068833
APN: 03-06-410-009-0000
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