2505 Palazzo Dr Buffalo Grove, IL 60089
Lincolnshire Village NeighborhoodEstimated payment $3,195/month
Total Views
278
2
Beds
2.5
Baths
1,596
Sq Ft
$257
Price per Sq Ft
Highlights
- Wood Flooring
- Loft
- Walk-In Closet
- Laura B. Sprague School Rated A-
- Stainless Steel Appliances
- 4-minute walk to Apple Hill Park
About This Home
Updated 2 Story Townhome style Condo in Buffalo Grove- Welcome Home! Kitchen with Quartz countertops and all stainless-steel appliances. Beautifully refinished hardwood floors, popular LVT flooring, carpet and freshly painted throughout! 2 Car attached garage. Close to all accommodations including schools, parks, shops, restaurants and more!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $7,668
Year Built
- Built in 1995
HOA Fees
- $323 Monthly HOA Fees
Parking
- 2 Car Garage
Interior Spaces
- 1,596 Sq Ft Home
- 2-Story Property
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Loft
- Bonus Room
- Laundry Room
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Community Details
Overview
- 4 Units
- Property Manager Association, Phone Number (847) 985-6464
- Property managed by American Property Management
Pet Policy
- Dogs and Cats Allowed
Map
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Home Values in the Area
Average Home Value in this Area
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 | $7,968 | $110,915 | $36,231 | $74,684 |
| 2023 | $8,351 | $104,657 | $34,187 | $70,470 |
| 2022 | $8,351 | $101,213 | $33,062 | $68,151 |
| 2021 | $8,150 | $100,122 | $32,706 | $67,416 |
| 2020 | $7,971 | $100,464 | $32,818 | $67,646 |
| 2019 | $8,205 | $100,094 | $32,697 | $67,397 |
| 2018 | $8,146 | $99,790 | $35,541 | $64,249 |
| 2017 | $8,198 | $101,318 | $38,569 | $62,749 |
| 2016 | $7,877 | $97,020 | $36,933 | $60,087 |
| 2015 | $7,701 | $90,732 | $34,539 | $56,193 |
| 2014 | $7,973 | $93,332 | $37,095 | $56,237 |
| 2012 | $7,744 | $93,519 | $37,169 | $56,350 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | For Sale | $409,900 | -- | $257 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $333,000 | Chicago Title Insurance Co | |
| Trustee Deed | $178,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $125,258 | New Conventional | |
| Closed | $143,500 | Unknown | |
| Closed | $31,850 | Credit Line Revolving | |
| Open | $266,400 | No Value Available | |
| Previous Owner | $148,900 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: Midwest Real Estate Data (MRED)
MLS Number: 12445820
APN: 15-21-210-023
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