NOT LISTED FOR SALE

2424 Madiera Ln Buffalo Grove, IL 60089

Lincolnshire Village Neighborhood

Estimated Value: $457,000 - $547,000

3 Beds
3 Baths
1,596 Sq Ft
$227/mo HOA Fee

Last Sold March 11, 2016

Last sale price $362,000 $227 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,692/month

4 Days on Market

Highlights

  • Recreation Room
  • Vaulted Ceiling
  • Walk-In Pantry
  • Laura B. Sprague School Rated A-
  • Wood Flooring
  • 2-minute walk to Apple Hill Park

About This Home

As of March 2016

ABSOLUTELY GORGEOUS*MODERN*ELEGANT TOWNHOME IN DESIRABLE TENERIFE!2 STORY FOYER*LIVING ROOM WITH VAULTED CEILING AND SKYLIGHT*WALNUT HARDWOOD FLOORS*STAICASE; BEAUTIFUL KITCHEN WITH 42"CABINETS*GRANITE COUNTERTOP*GLASS BACKSPLASH*BREAKFAST BAR*STAINLESS STEEL APPLIANCES OPENS TO FAMILY ROOM WITH SLIDING DOOR TO PATIO/GREEN AREA! LUXURY MASTER SUITE WITH 2 CLOSETS*CATHEDRAL CEILING *MASTER BATHROOM WITH CUSTOM VANITIES*GRANITE COUNTERTOP*DOUBLE SINK! FINISHED BASEMENT WITH SEPARATE UTILITY ROOM. RECESSED LIGHTING! ONE OF THE BEST LOCATIONS IN SUBDIVISION! OWNER IS IL LICENSED BROKER!REAL ESTATE TAX DOES NOT REFLECT HOMEOWNER'S EXEMPTION.LINCOLNSHIRE AND STEVENSON SCHOOLS! CLOSE TO PARKS,SHOPPING,TRANSPORTATION!

Last Agent to Sell the Property

Michael Goldman

Gold & Azen Realty License #471001043 Listed on: 01/21/2016

Last Buyer's Agent

Marco Amidei

RE/MAX Suburban License #475101568

RE/MAX Suburban

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,190

Year Built

  • 1995

Lot Details

  • 4.68

HOA Fees

  • $227 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Entrance Foyer
  • Recreation Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,190

Year Built

1995

Lot Details

0

HOA Fees

$227 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1995
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1995

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Laundry, Laundry Hook-Up in Unit
  • Number Of Rooms: 8
  • Living Room: Dimensions: 13X13, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: TV-Cable, Fire Sprinklers, CO Detectors, Ceiling Fan, Sump Pump
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X8, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Closet
  • Additional Rooms: Foyer, Recreation Room
  • Master Bedroom: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 1 Name: Recreation Rm, Dimensions: 26X23, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Foyer, Dimensions: 11X04, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X11, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Dining Room Type: Combined w/ FamRm
  • Family Room: Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood, Windows: None

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Vinyl Siding, Brick, Stucco
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Storms/Screens, Cable Access

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Park/Playground
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 227
  • Management Contact Name: SHARON
  • Management Phone: 847-985-6464

Fee Information

  • Management Company: AMERICAN PROPERTIES MANAGEMENT

Schools

  • School District: 125
  • Elementary School: LAURA B SPRAGUE SCHOOL
  • Middle School: DANIEL WRIGHT JUNIOR HIGH SCHOOL
  • High School: ADLAI E STEVENSON HIGH SCHOOL
  • Junior High Dist: 103

Lot Info

  • Lot Dimensions: COMMON GROUND
  • Lot Description: Common Grounds
  • Parcel Identification Number: 15212120360000

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Tax Info

  • Taxes: 7,855

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2017
Sold by
Hamilton Jerry J
Bought by
Hamilton Jerry J and Jerry J Hamilton Revocable Living Trust
Current Estimated Value
$481,063

Purchase Details

Listed on
Jan 21, 2016
Closed on
Mar 11, 2016
Sold by
Goldman Michael
Bought by
Hamilton Jerry J
Seller's Agent
Michael Goldman
Gold & Azen Realty
Buyer's Agent
Marco Amidei
RE/MAX Suburban
List Price
$369,000
Sold Price
$362,000
Premium/Discount to List
-$7,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Original Mortgage
$271,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2009
Sold by
Veik I Llc
Bought by
2424 Madiera Land Trust

Purchase Details

Closed on
Sep 19, 2008
Sold by
Goldman Michael and Goldman Jane
Bought by
Veik I Llc

Purchase Details

Closed on
Nov 13, 2002
Sold by
Mb Financial Bank Na
Bought by
Goldman Michael and Goldman Lane

Purchase Details

Closed on
Nov 29, 1995
Sold by
Goldman Michael and Goldman Jane
Bought by
First National Bank Of Morton Grove

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.65%

Purchase Details

Closed on
Oct 1, 1995
Sold by
Harris Bank Hinsdale
Bought by
Goldman Michael and Goldman Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.65%
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
Hamilton Jerry J -- Attorney
Hamilton Jerry J $362,000 Alliance Title Corporation
2424 Madiera Land Trust -- None Available
Veik I Llc -- None Available
Goldman Michael -- --
First National Bank Of Morton Grove -- --
Goldman Michael $189,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Jerry J $220,000
Closed Hamilton Jerry J $271,500
Closed Hamilton Jerry J $271,500
Previous Owner Turchinsky Dean $362,000
Previous Owner Goldman Michael $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2016 03/11/16 Sold $362,000 -1.9% $227 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $369,000 -- $231 / 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 $10,190 $122,482 $40,257 $82,225
2023 $9,911 $115,570 $37,985 $77,585
2022 $9,911 $111,768 $36,735 $75,033
2021 $9,562 $110,563 $36,339 $74,224
2020 $9,350 $110,940 $36,463 $74,477
2019 $9,115 $110,531 $36,329 $74,202
2018 $9,086 $111,296 $39,491 $71,805
2017 $8,833 $108,698 $38,569 $70,129
2016 $9,008 $104,087 $36,933 $67,154
2015 $8,847 $97,341 $34,539 $62,802
2014 $7,678 $84,116 $37,095 $47,021
2012 $7,440 $84,284 $37,169 $47,115
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michael Goldman

    Gold & Azen Realty

    (847) 309-1073

    10 Total Sales

    Michael Goldman
    Section Image
  • Marco Amidei

    Buyer's Agent in 2016

    Marco Amidei

    RE/MAX Suburban

    (847) 367-4886

    494 Total Sales

    Marco Amidei
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09121197

Midwest Real Estate Data (MRED)

APN: 15-21-212-036

Illinois Lake County Buffalo Grove 60089 Lincolnshire Village

2424 Madiera Ln, Buffalo Grove, IL

This home is located at 2424 Madiera Ln, Buffalo Grove, IL 60089 since 21 January 2016 and is currently estimated at $481,063, approximately $301 per square foot. This property was built in 1995. 2424 Madiera Ln is a home located in Lake County with nearby schools including Laura B. Sprague School, Half Day School, and Daniel Wright Junior High School.

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