NOT LISTED FOR SALE

351 Town Place Cir Unit 402 Buffalo Grove, IL 60089

Estimated Value: $275,000 - $298,000

2 Beds
2 Baths
1,530 Sq Ft
$439/mo HOA Fee

Last Sold July 22, 2022

Last sale price $225,000 $147 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,583/month

16 Days on Market

Highlights

  • Heated Floors
  • Balcony
  • Walk-In Closet
  • Meridian Middle School Rated A
  • 1 Car Attached Garage
  • Breakfast Bar

About This Home

As of July 2022

Amazing 4th floor condo with extra windows, being a corner unit. Private Balcony. 2 Bedrooms. 2 baths....huge master area with two walk-in closets, linen closet, private bathroom and a full glass slider for extra natural light. In-Unit Laundry. Large kitchen with lots of counter space. Covered garage space with storage.

Last Agent to Sell the Property

Scot Nelson

HomeSmart Connect LLC License #471007947 Listed on: 06/06/2022

HomeSmart Connect LLC

Last Buyer's Agent

Valentin Tudor

Century 21 S.G.R., Inc. License #475190207

Century 21 S.G.R., Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,041

Year Built

  • Built in 1998

Lot Details

  • 44

HOA Fees

  • $439 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,530 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage
  • Breakfast Bar

Flooring

  • Heated Floors
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony

Schools

  • Tripp Elementary School
  • Adlai E Stevenson High School

Utilities

  • Central Air
  • Radiant Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 44 Units
  • Hillcrest Management Association, Phone Number (630) 627-3303
  • Property managed by Hillcrest Management
  • 5-Story Property

Amenities

  • Lobby

Pet Policy

  • Limit on the number of pets
  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,041

Year Built

Built in 1998

Lot Details

0

HOA Fees

$439 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1998
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Wood Laminate Floors, Heated Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Lobby
  • LivingArea: 1530
  • Room Type: Eating Area, Balcony/Porch/Lanai, Foyer
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Radiant, Other
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Number Limit
  • Association Fee: 439
  • Association Fee Frequency: Monthly
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Monthly
  • Management Company: Hillcrest Management
  • Management Contact Name: Hillcrest Management
  • Management Phone: 630-627-3303X240
  • Master Association Fee: 0
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Tripp School
  • High School: Adlai E Stevenson High School

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6041.12
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Jun 20, 2022
Sold by
Yang and Yuman
Bought by
Virna Paul and Turcan Doinita
Seller's Agent
Scot Nelson
HomeSmart Connect LLC
Buyer's Agent
Valentin Tudor
Century 21 S.G.R., Inc.
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$299,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,754
Avg. Annual Appreciation
7.46%
Original Mortgage
$180,000
Outstanding Balance
$171,608
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$116,168

Purchase Details

Listed on
Sep 23, 2018
Closed on
Nov 28, 2018
Sold by
Yang Meng and Li Yuman
Bought by
Yang Meng and Li Yuman
Seller's Agent
David An
Sunrise Strategic Realty Corp.
Buyer's Agent
Peter Kourtis
Real 1 Realty
List Price
$215,000
Sold Price
$204,000
Premium/Discount to List
-$11,000
-5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.66%
Original Mortgage
$163,200
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2018
Closed on
Oct 26, 2018
Sold by
Lee Hong Ku and Lee Michelle
Bought by
Yang Meng
Seller's Agent
David An
Sunrise Strategic Realty Corp.
Buyer's Agent
Peter Kourtis
Real 1 Realty
List Price
$215,000
Sold Price
$204,000
Premium/Discount to List
-$11,000
-5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2016
Closed on
Jul 19, 2016
Sold by
Chicago Title Land Trust Company
Bought by
Lee Hong Ku and Lee Michelle
Seller's Agent
Andee Hausman
Compass
Buyer's Agent
David An
Sunrise Strategic Realty Corp.
List Price
$190,000
Sold Price
$187,000
Premium/Discount to List
-$3,000
-1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%

Purchase Details

Closed on
Aug 1, 2001
Sold by
Osterman Walter E and Casseday Osterman Joan
Bought by
Chicago Title Land Trust Company and Trust #1096032

Purchase Details

Closed on
Oct 30, 1998
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Osterman Walter E and Casseday Osterman Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Virna Paul $225,000 Saturn Title
Yang Meng -- Attorney
Yang Meng $204,000 First American Title
Lee Hong Ku $187,000 Chicago Title Land Trust Co
Chicago Title Land Trust Company $228,000 1St American Title
Osterman Walter E $200,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Virna Paul $180,000
Previous Owner Yang Meng $163,200
Previous Owner Osterman Walter E $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2022 07/22/22 Sold $225,000 0.0% $147 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $225,000 0.0% $147 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $225,000 +10.3% $147 / Sq Ft
10/31/2018 10/31/18 Sold $204,000 -5.1% $133 / Sq Ft View Prior Sale
10/01/2018 10/01/18 Pending -- -- --
09/23/2018 09/23/18 For Sale $215,000 +15.0% $141 / Sq Ft
07/27/2016 07/27/16 Sold $187,000 -1.6% $122 / Sq Ft View Prior Sale
06/24/2016 06/24/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $190,000 -- $124 / 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 $6,829 $78,194 $24,390 $53,804
2023 $6,458 $73,782 $23,014 $50,768
2022 $6,458 $70,669 $22,043 $48,626
2021 $6,187 $69,907 $21,805 $48,102
2020 $6,041 $70,145 $21,879 $48,266
2019 $5,950 $69,886 $21,798 $48,088
2018 $5,146 $61,481 $23,694 $37,787
2017 $5,060 $60,046 $23,141 $36,905
2016 $4,087 $57,498 $22,159 $35,339
2015 $4,279 $53,772 $20,723 $33,049
2014 $5,025 $60,747 $22,256 $38,491
2012 $5,088 $60,869 $22,301 $38,568
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11410270

Midwest Real Estate Data (MRED)

APN: 15-33-304-189