2492 Palazzo Ct Buffalo Grove, IL 60089
Lincolnshire Village Neighborhood
2
Beds
2.5
Baths
1,596
Sq Ft
$281/mo
HOA Fee
Highlights
- Vaulted Ceiling
- Stainless Steel Appliances
- Skylights
- Laura B. Sprague School Rated A-
- Cul-De-Sac
- 3-minute walk to Apple Hill Park
About This Home
As of October 2024CALIFORNIA DREAMING AWAITS THE BUYER LOOKING FOR A MAINTENANCE FREE TOWNHOUSE ON CUL-DE-SAC WITH LOW MONTHLY ASSESSMENT. TWO EN-SUITE BEDROOMS ARE AMAZING. FAMILY ROOM MAY BE GUEST BEDROOM, PLAYROOM OR OFFICE. LOWER LEVEL INCLUDES FABULOUS KITCHEN WITH DINING ROOM, LIVING ROOM AND SLIDERS OUT TO LOVELY PATIO. LAUNDRY CLOSET AND GUEST POWDER ROOM ARE SURE TO PLEASE. ATTACHED 2 CAR GARAGE TOO! AWESOME SCHOOL DISTRICT 103 AND ADLAI STEVENSON HIGH SCHOOL (BLOCKS AWAY). METRA TRAIN (BLOCKS AWAY) ENJOY THE PLAYGROUND/PARK (BLOCKS AWAY) AMAZING LOCATION! WELCOME TO YOUR NEW HOME! HOME TO BE SOLD IN AS-IS CONDITION.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,244
Year Built
- Built in 1995
HOA Fees
- $281 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,596 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Skylights
- Living Room with Fireplace
Kitchen
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
Schools
- Laura B Sprague Elementary School
- Daniel Wright Junior High School
- Adlai E Stevenson High School
Utilities
- Central Air
- Humidifier
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Patio
- Cul-De-Sac
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include insurance, exterior maintenance, lawn care, snow removal
- 4 Units
- Scott Walczak Association, Phone Number (847) 985-6464
- Tenerife Subdivision, Cypress 2 Floorplan
- Property managed by American Property Management
Amenities
- Common Area
Recreation
- Park
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2024
Closed on
Oct 2, 2024
Sold by
Carlson Pamela
Bought by
Fei Wenyuan and Wang Muxuan
Seller's Agent
Andee Hausman
Compass
Buyer's Agent
Kim Alden
Compass
List Price
$400,000
Sold Price
$389,000
Premium/Discount to List
-$11,000
-2.75%
Views
194
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
$26,119
Avg. Annual Appreciation
6.61%
Purchase Details
Closed on
Sep 9, 2005
Sold by
Hong Yoon Sik and Hong Judy H
Bought by
Carlson Pamela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Oct 15, 1999
Sold by
Lynch Marilyn M
Bought by
Hong Yoon Sik and Hong Judy H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,800
Interest Rate
7.87%
Mortgage Type
Balloon
Purchase Details
Closed on
Oct 1, 1995
Sold by
Harris Bank Hinsdale
Bought by
Lynch Marilyn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.65%
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $389,000 | None Listed On Document | |
| Warranty Deed | $320,000 | First American Title | |
| Warranty Deed | $208,500 | Chicago Title Insurance Co | |
| Trustee Deed | $183,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $252,000 | New Conventional | |
| Previous Owner | $237,840 | FHA | |
| Previous Owner | $54,000 | Credit Line Revolving | |
| Previous Owner | $211,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $165,000 | Balloon | |
| Previous Owner | $166,000 | Balloon | |
| Previous Owner | $68,000 | Credit Line Revolving | |
| Previous Owner | $166,800 | Balloon | |
| Previous Owner | $54,038 | Unknown | |
| Previous Owner | $110,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2024 10/07/24 | Sold | $389,000 | 0.0% | $244 / Sq Ft |
| 09/06/2024 09/06/24 | Pending | -- | -- | -- |
| 07/25/2024 07/25/24 | Price Changed | $389,000 | -2.8% | $244 / Sq Ft |
| 06/14/2024 06/14/24 | For Sale | $400,000 | -- | $251 / 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 | $9,492 | $114,679 | $40,257 | $74,422 |
| 2023 | $9,244 | $108,208 | $37,985 | $70,223 |
| 2022 | $9,244 | $104,648 | $36,735 | $67,913 |
| 2021 | $8,918 | $103,520 | $36,339 | $67,181 |
| 2020 | $8,721 | $103,873 | $36,463 | $67,410 |
| 2019 | $8,501 | $103,491 | $36,329 | $67,162 |
| 2018 | $8,285 | $103,379 | $39,491 | $63,888 |
| 2017 | $8,168 | $100,966 | $38,569 | $62,397 |
| 2016 | $7,848 | $102,907 | $36,933 | $65,974 |
| 2015 | $8,202 | $96,237 | $34,539 | $61,698 |
| 2014 | $7,941 | $92,986 | $37,095 | $55,891 |
| 2012 | $7,714 | $93,172 | $37,169 | $56,003 |
Source: Public Records
Agents Affiliated with this Home
-
Andee Hausman
Seller's Agent in 2024
Andee Hausman
Compass
(847) 209-4287
6 in this area
347 Total Sales
-
Hope Korn
Seller Co-Listing Agent in 2024
Hope Korn
Compass
(847) 668-7653
3 in this area
75 Total Sales
-
Kim Alden
Buyer's Agent in 2024
Kim Alden
Compass
(847) 254-5757
3 in this area
1,498 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12077802
APN: 15-21-207-028
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