NOT LISTED FOR SALE

401 Town Place Cir Unit 401 Buffalo Grove, IL 60089

Estimated Value: $442,000 - $462,000

3 Beds
4 Baths
1,802 Sq Ft
$251/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $345,500 $192 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,585/month

3 Days on Market

Highlights

  • Water Views
  • Property is near a park
  • Wood Flooring
  • Meridian Middle School Rated A
  • Vaulted Ceiling
  • Attached Garage

About This Home

As of May 2019

GREAT OPPORTUNITY IN TOWN PLACE OF BUFFALO GROVE! PICTURESQUE SETTING ON THIS NORTH FACING SOLID BRICK BUILT TOWN HOUSE. BUILT IN 1995 WITH MANY UPGRADES OVER THE YEARS, THE HOME FEATURES AMAZING SUN LIGHT WITH 2 STORY FAMILY ROOM. 3 BEDROOMS ON THE SECOND LEVEL WITH A FULL FINISHED BASEMENT. NEWER APPLIANCES, NEWER GRANITE, NEWER REFINISHED HARDWOOD FLOORS. HOME HAS A BACKYARD LIKE FEEL. MASTER BEDROOM HAS 2 CLOSETS AND SEPARATE TUB/SHOWER AREA. MASTER BEDROOM HAS CUSTOM TRAY CEILINGS. NEW CEILING FANS IN ALL 3 BEDROOMS. BASEMENT HAS HALF BATH AND NEWER WASHER/DRYER AS WELL! HOME BACKS TO A WALKING PATH AND A PARK AREA. TOWN PLACE HAS NEWER ROOFS FROM 2017 AND IS A WELL RUN ASSOCIATION WITH PONDS AND FOUNTAINS. GREAT 102 SCHOOLS WITH STEVENSON HIGH SCHOOL! CLOSE TO METRA, LAKE COOK ROAD AND ALL THE SHOPPING! MOVE IN READY HOME. NO HOME OWNERS EXEMPTION RIGHT NOW ON TAX BILL.

Last Agent to Sell the Property

AJ|Abhijit Leekha

Property Economics Inc. License #471009447 Listed on: 04/18/2019

Last Buyer's Agent

Vaseekaran Janarthanam

RE/MAX Plaza License #475144694

RE/MAX Plaza

Townhouse Details

Home Type

  • Townhome

Year Built

  • 1995

Lot Details

  • 1,307

HOA Fees

  • $255 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Vaulted Ceiling
  • Gas Log Fireplace
  • Wood Flooring
  • Water Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • North or South Exposure
  • Property is near a park

Community Details

  • Pets Allowed

Listing and Financial Details

  • $500 Seller Concession

Townhouse Details

Home Type

Townhome

Year Built

1995

Lot Details

0

HOA Fees

$255 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Interstate Access
  • Unit Floor Level: 1
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2.2
  • Estimated Year Built: 1995
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1995

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, Walk-In Closet(s)
  • Number Of Rooms: 7
  • Living Room: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: CO Detectors, Ceiling Fan
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 14X8, On Level: Basement
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X13, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X13, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1802
  • Family Room: Dimensions: 17X13, On Level: Basement, Flooring: Carpet

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessed Sq Ft: 2416
  • Assessment Association Fees: 255
  • Management Contact Name: Manager
  • Management Phone: 630-627-3303

Fee Information

  • Management Company: Hillcrest Property Management

Schools

  • Junior High Dist: 102

Lot Info

  • Lot Dimensions: 42X28
  • Lot Description: Park Adjacent, Water View
  • Parcel Identification Number: 15333041550000

Multi Family

  • Total Number Unitsin Building: 7
  • Number Stories: 2

Tax Info

  • Taxes: 9115.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2019
Closed on
May 22, 2019
Sold by
Singu Gurpreet and Bawa Manjot
Bought by
Tavanandi Vijay and Sreedharan Radhalakshmi
Seller's Agent
AJ|Abhijit Leekha
Property Economics Inc.
Buyer's Agent
Vaseekaran Janarthanam
RE/MAX Plaza
List Price
$349,900
Sold Price
$345,500
Premium/Discount to List
-$4,400
-1.26%
Current Estimated Value
$445,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,433
Avg. Annual Appreciation
4.15%
Original Mortgage
$310,950
Outstanding Balance
$273,388
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$178,231

Purchase Details

Listed on
Nov 16, 2015
Closed on
Jun 15, 2016
Sold by
Katz Inna
Bought by
Singh Gurpreet and Bawa Manjot
Seller's Agent
George Seaverns Team
RE/MAX Suburban
Buyer's Agent
AJ|Abhijit Leekha
Property Economics Inc.
List Price
$339,500
Sold Price
$322,500
Premium/Discount to List
-$17,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%
Original Mortgage
$304,950
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2013
Sold by
Katz Inna and Joseph Katz Trust
Bought by
Katz Inna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 5, 2008
Sold by
Katz Joseph and Katz Inna
Bought by
Katz Joseph and Katz Inna

Purchase Details

Closed on
Jul 25, 1995
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Katz Joseph M and Katz Inna I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.56%
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

Date Buyer Sale Price Title Company
Tavanandi Vijay $345,500 Alliance Title Corporation
Singh Gurpreet $321,000 Premier Title
Katz Inna -- Ctic
Katz Joseph -- None Available
Katz Joseph M $209,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tavanandi Vijay $310,950
Previous Owner Singh Gurpreet $304,950
Previous Owner Katz Inna $155,000
Previous Owner Katz Joseph M $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2019 05/24/19 Sold $345,500 -1.3% $192 / Sq Ft
04/21/2019 04/21/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $349,900 +8.5% $194 / Sq Ft
06/15/2016 06/15/16 Sold $322,500 -5.0% $179 / Sq Ft View Prior Sale
04/08/2016 04/08/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $339,500 0.0% $188 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $339,500 0.0% $188 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
02/05/2016 02/05/16 Price Changed $339,500 -1.6% $188 / Sq Ft
12/09/2015 12/09/15 Price Changed $344,900 -1.2% $191 / Sq Ft
11/16/2015 11/16/15 For Sale $349,000 -- $194 / 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 $11,845 $129,399 $33,817 $95,582
2023 $11,192 $122,098 $31,909 $90,189
2022 $11,192 $118,081 $30,859 $87,222
2021 $10,727 $116,808 $30,526 $86,282
2020 $10,473 $117,206 $30,630 $86,576
2019 $10,311 $116,774 $30,517 $86,257
2018 $9,265 $105,838 $33,171 $72,667
2017 $9,116 $103,368 $32,397 $70,971
2016 $8,408 $98,983 $31,023 $67,960
2015 $7,935 $92,568 $29,012 $63,556
2014 $6,903 $81,337 $31,160 $50,177
2012 $6,788 $81,500 $31,222 $50,278
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10348909

Midwest Real Estate Data (MRED)

APN: 15-33-304-155