318 Gardenia Ln Buffalo Grove, IL 60089
Estimated Value: $471,479 - $524,000
            
                3
                Beds
            
            
            
                2
                Baths
            
            
            
                1,636
                Sq Ft
            
            
                
                    $302/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 318 Gardenia Ln, Buffalo Grove, IL 60089 and is currently estimated at $494,620, approximately $302 per square foot. 318 Gardenia Ln is a home located in Lake County with nearby schools including Ivy Hall Elementary School, Twin Groves Middle School, and Adlai E Stevenson High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Dec 27, 2024
            
        
                Sold by
            
            
                Palomo Robert and Palomo Vicki M
            
        
                Bought by
            
            
                Robert Alonzi Trust and Vicki M Palomo Trust
            
        
                            Current Estimated Value
                        
                        
                    Purchase Details
                Closed on
            
            
                Jul 26, 2004
            
        
                Sold by
            
            
                Smolen Bogdan and Smolen Barbara
            
        
                Bought by
            
            
                Palomo Robert and Palomo Vicki M
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $222,000
            
        
                Interest Rate
            
            
                6.35%
            
        
                Mortgage Type
            
            
                Balloon
            
        Purchase Details
                Closed on
            
            
                Nov 2, 2001
            
        
                Sold by
            
            
                Volpe Stephen P and Volpe Jennifer L
            
        
                Bought by
            
            
                Smolen Bogdan and Smolen Barbara
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $224,500
            
        
                Interest Rate
            
            
                6.68%
            
        Purchase Details
                Closed on
            
            
                Sep 18, 2000
            
        
                Sold by
            
            
                Reichel Elliott and Reichel Phyllis
            
        
                Bought by
            
            
                Volpe Stephen P and Volpe Jennifer L
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $211,500
            
        
                Interest Rate
            
            
                8.05%
            
        Purchase Details
                Closed on
            
            
                Sep 7, 2000
            
        
                Sold by
            
            
                Oppenheim Irvin and Oppenheim Mary
            
        
                Bought by
            
            
                Reichel Elliot and Reichel Phyllis
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $211,500
            
        
                Interest Rate
            
            
                8.05%
            
        Purchase Details
                Closed on
            
            
                Aug 10, 2000
            
        
                Sold by
            
            
                Reichel Elliot and Reichel Phyllis
            
        
                Bought by
            
            
                Reichel Elliot and Reichel Phyllis
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $211,500
            
        
                Interest Rate
            
            
                8.05%
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Robert Alonzi Trust | -- | None Listed On Document | |
| Robert Alonzi Trust | -- | None Listed On Document | |
| Palomo Robert | $315,000 | Multiple | |
| Smolen Bogdan | $250,000 | Ticor Title | |
| Volpe Stephen P | $235,000 | 1St American Title | |
| Reichel Elliot | -- | -- | |
| Reichel Elliot | -- | -- | 
                Source: Public Records
                    
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Previous Owner | Palomo Robert | $222,000 | |
| Previous Owner | Smolen Bogdan | $224,500 | |
| Previous Owner | Volpe Stephen P | $211,500 | 
                Source: Public Records
            
        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 | $11,567 | $127,988 | $34,389 | $93,599 | 
| 2023 | $10,574 | $120,767 | $32,449 | $88,318 | 
| 2022 | $10,574 | $107,409 | $28,860 | $78,549 | 
| 2021 | $10,172 | $106,251 | $28,549 | $77,702 | 
| 2020 | $9,933 | $106,613 | $28,646 | $77,967 | 
| 2019 | $9,797 | $106,220 | $28,540 | $77,680 | 
| 2018 | $8,956 | $100,562 | $28,208 | $72,354 | 
| 2017 | $8,784 | $98,215 | $27,550 | $70,665 | 
| 2016 | $8,549 | $94,048 | $26,381 | $67,667 | 
| 2015 | $8,313 | $87,953 | $24,671 | $63,282 | 
| 2014 | $8,019 | $83,910 | $26,496 | $57,414 | 
| 2012 | $7,951 | $84,078 | $26,549 | $57,529 | 
                Source: Public Records
                    
            
        Map
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