NOT LISTED FOR SALE

400 E Dundee Rd Unit 308 Buffalo Grove, IL 60089

Estimated Value: $240,000 - $274,000

2 Beds
2 Baths
-- Sq Ft
5.68 Acres Lot

Sale Details

Date Sold: July 28, 2023

Last sale price $226,000

Est. 15% increase in value since last sale

Current estimated payment $2,134 / mo

8 Days on Market

Highlights

  • In Ground Pool
  • Lock-and-Leave Community
  • Wood Flooring
  • Buffalo Grove High School Rated A+
  • Wooded Lot
  • Party Room

About This Home

As of July 2023

Welcome to Grove Terrace Condominiums in the desirable Buffalo Grove! This 2 bed, 2 bath condo unit on the 3rd floor offers a spacious and inviting atmosphere. Step into the large foyer and discover an ample dining room-living room combo, complete with a cozy corner fireplace and sliding doors that lead to a generous balcony. The eat-in kitchen features a ceramic tile floor and abundant cabinetry. Mirrored closet doors add a touch of elegance throughout. The master bedroom suite boasts a walk-in closet and an additional double closet, along with a large double vanity in the master bath. Enjoy the convenience of in-unit side-by-side laundry. The split bedroom layout offers privacy and all bedrooms feature beautiful hardwood floors. With two garage spaces in the heated attached garage (#30 & #31), parking is a breeze. The building also includes a party room and outdoor pool for your enjoyment. Close proximity to shopping, parks, and transportation adds to the convenience. Don't miss this well-maintained, light-filled condo unit in an excellent location!

Last Agent to Sell the Property

Mark Kelner

United Realty Group, Inc. License #475189767 Listed on: 06/05/2023

Last Buyer's Agent

Iordan Nitchev

Home Realty Group, Inc License #475187561

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,769

Year Built

  • Built in 1989

Lot Details

  • Wooded Lot

HOA Fees

  • $435 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Tandem Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Open Floorplan
  • Dining Room
  • Storage
  • Door Monitored By TV

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

  • Eugene Field Elementary School
  • Oliver W Holmes Middle School
  • Buffalo Grove High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 36 Units
  • Carol Marcou Association, Phone Number (847) 490-3833
  • Grove Terrace Subdivision
  • Property managed by Associa Chicagoland
  • Lock-and-Leave Community

Amenities

  • Common Area
  • Party Room
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,769

Year Built

Built in 1989

Lot Details

5.68 Acres

HOA Fees

$435 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Grove Terrace
  • Year Built: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Dining Combo
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Foyer
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Square Footage Comments: Unsure of exact unit square footage, unreported.
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Balcony, In Ground Pool, Storms/Screens, Door Monitored By TV, Cable Access
  • Lot Features: Common Grounds, Wooded
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Heated,Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 435
  • Association Amenities: Elevator(s), Storage, Party Room, Pool, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagoland
  • Management Contact Name: Carol Marcou
  • Management Phone: 847-490-3833
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Eugene Field Elementary School
  • High School: Buffalo Grove High School
  • Middle/Junior School: Oliver W Holmes Middle School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2769.08
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Jul 25, 2023
Sold by
Field Elaine
Bought by
Velyov George P and Petrova Ralitsa U
Seller's Agent
Mark Kelner
United Realty Group, Inc.
Buyer's Agent
Iordan Nitchev
Home Realty Group, Inc
List Price
$210,000
Sold Price
$226,000
Premium/Discount to List
$16,000
7.62%
Views
222
Current Estimated Value
$259,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,076
Avg. Annual Appreciation
5.04%
Original Mortgage
$120,000
Outstanding Balance
$106,182
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$152,894

Purchase Details

Closed on
May 9, 2022
Sold by
Soliman Elaine
Bought by
Soliman Elaine and Field Eric L

Purchase Details

Listed on
Mar 25, 2016
Closed on
May 19, 2016
Sold by
Laduca Janet E and Arnold Noreen
Bought by
Field Elaine
Seller's Agent
Lee Grosky
Century 21 Circle
Buyer's Agent
Galina Persky
Core Realty & Investments, Inc
List Price
$154,900
Sold Price
$146,000
Premium/Discount to List
-$8,900
-5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$102,200
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2016
Closed on
Apr 9, 2016
Sold by
Arnold Douglas
Bought by
Arnold Noreen
Seller's Agent
Lee Grosky
Century 21 Circle
Buyer's Agent
Galina Persky
Core Realty & Investments, Inc
List Price
$154,900
Sold Price
$146,000
Premium/Discount to List
-$8,900
-5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,200
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2015
Sold by
Laduca Janet and Laduca Lawrence
Bought by
Laduca Janet and Arnold Douglas

Purchase Details

Closed on
Sep 16, 2005
Sold by
Rathje Norman and Rathje Beverly D
Bought by
Hacker Janet and Arnold Noreen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 29, 2000
Sold by
Wolff Beverly
Bought by
Rathje Norman and Rathje Beverly D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Velyov George P $226,000 None Listed On Document
Soliman Elaine -- --
Field Elaine $146,000 Fidelity National Title
Arnold Noreen -- None Available
Laduca Janet -- None Available
Hacker Janet $241,000 Bt
Rathje Norman -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Velyov George P $120,000
Previous Owner Field Elaine $102,200
Previous Owner Hacker Janet $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2023 07/28/23 Sold $226,000 +7.6% --
06/14/2023 06/14/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $210,000 +43.8% --
05/26/2016 05/26/16 Sold $146,000 -5.7% -- View Prior Sale
03/30/2016 03/30/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $154,900 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $3,804 $20,730 $1,671 $19,059
2024 $3,804 $15,019 $1,392 $13,627
2023 $3,611 $15,019 $1,392 $13,627
2022 $3,611 $15,019 $1,392 $13,627
2021 $2,769 $11,050 $232 $10,818
2020 $2,776 $11,050 $232 $10,818
2019 $2,818 $12,366 $232 $12,134
2018 $2,447 $10,414 $185 $10,229
2017 $2,421 $10,414 $185 $10,229
2016 $1,965 $10,414 $185 $10,229
2015 $2,967 $8,592 $788 $7,804
2014 $1,424 $8,592 $788 $7,804
2013 $1,288 $8,592 $788 $7,804
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11800393

Midwest Real Estate Data (MRED)

APN: 03-04-400-035-1025

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