NOT LISTED FOR SALE

427 Town Place Cir Unit 427 Buffalo Grove, IL 60089

Estimated Value: $385,826 - $426,000

2 Beds
3 Baths
1,765 Sq Ft
$308/mo HOA Fee

Last Sold August 10, 2018

Last sale price $258,000 $146 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,271/month

63 Days on Market

Highlights

  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Walk-In Pantry
  • Meridian Middle School Rated A
  • Loft
  • Stainless Steel Appliances

About This Home

As of August 2018

BRIGHT AND BEAUTIFUL! Newly painted town home is centrally located in Lake County Buffalo Grove. Two story floor to ceiling windows in the living room let natural light flood this amazing home! Like to cook? Enjoy the updated gourmet kitchen with quartz counters and stainless appliances. Separate dining area has sliding door to the patio. Upstairs you'll find two bedrooms plus a versatile loft. The spacious master bedroom has an en-suite with newer tiled shower. Imagine all the storage you'll have in the dual closets complete with custom organizers. The versatile loft adds to the flexibility of this very clean and modern unit. Most of the high ticket items are done. Newer roof and newer furnace take the worry away so that you can enjoy every minute in your new home! Attached two car garage holds all the toys. Close to stores, restaurants, parks, and located in both school districts 102 and 125! Wonderful opportunity to own this top notch home!

Last Agent to Sell the Property

Valerie DeMarco

Berkshire Hathaway HomeServices Starck Real Estate License #475124816 Listed on: 03/22/2018

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Cornelius Tanase

Tanese Realty License #471012576

Property Details

Home Type

  • Condominium

Year Built

  • 1994

Lot Details

  • 44

HOA Fees

  • $308 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Stucco Exterior Insulation and Finish Systems
  • Asphalt Shingled Roof

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Loft
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Patio
  • East or West Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $1,500 Seller Concession

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Year Built

1994

Lot Details

0

HOA Fees

$308 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1994
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1994

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Wood Laminate Floors, 2nd Floor Laundry, Laundry Hook-Up in Unit
  • Number Of Rooms: 6
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: TV-Cable, CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Basement: Crawl
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Pantry-Closet
  • Additional Rooms: Loft
  • Master Bedroom: Dimensions: 18X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 2 Name: Loft, Dimensions: 16X11, On Level: 2nd Level, Flooring: Wood Laminate, Windows: None
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1765

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, EIFS (e.g. Dryvit).
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Storms/Screens
  • Exposure: E (East)

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 99
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessed Sq Ft: 1765
  • Assessment Association Fees: 308
  • Management Contact Name: Joel
  • Management Phone: 630-627-3303

Fee Information

  • Management Company: HILLCREST

Schools

  • Junior High Dist: 102

Lot Info

  • Lot Dimensions: COMMON GROUNDS
  • Lot Description: Common Grounds
  • Parcel Identification Number: 15333040770000

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Tax Info

  • Taxes: 7789.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2022
Sold by
Jha and Farida
Bought by
Lekkala Vidyadhar Reddy and Pingili Rajasri
Current Estimated Value
$403,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Outstanding Balance
$290,147
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$113,310

Purchase Details

Listed on
Mar 22, 2018
Closed on
Aug 9, 2018
Sold by
Pedersen Erick and Pedersen Jane
Bought by
Jha Pravin and Easmin Farida
Seller's Agent
Valerie DeMarco
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Cornelius Tanase
Tanese Realty
List Price
$285,000
Sold Price
$258,000
Premium/Discount to List
-$27,000
-9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$167,700
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2008
Sold by
Schroeter Joanne
Bought by
Pedersen Erik and Pedersen Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,303
Interest Rate
5.88%
Mortgage Type
Unknown

Purchase Details

Closed on
May 13, 2005
Sold by
Somsel Dennis D and Somsel Josephine R
Bought by
Schroeter Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 31, 1998
Sold by
Golden Randal L and Golden Sheryl B
Bought by
Somsel Dennis D and Somsel Josephine R

Purchase Details

Closed on
Jul 22, 1996
Sold by
Edwards Bruce L and Edwards Emily M
Bought by
Golden Randal L and Friedman Sheryl B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
7.65%

Purchase Details

Closed on
Aug 1, 1994
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Edwards Bruce L and Edwards Emily M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,050
Interest Rate
7.25%

Purchase Details

Closed on
Jun 8, 1994
Sold by
American National Bk & Tr Co Of Chicago
Bought by
American National Bk & Tr Co Of Chicago

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,050
Interest Rate
7.25%
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
Lekkala Vidyadhar Reddy $320,000 --
Jha Pravin $258,000 Chicago Title
Pedersen Erik $305,000 First American Title Ins Co
Schroeter Joanne $300,000 Chicago Title Insurance Comp
Somsel Dennis D $190,000 Chicago Title Insurance Co
Golden Randal L $186,000 First American Title
Edwards Bruce L $179,000 Collar Counties Title Plant
American National Bk & Tr Co Of Chicago -- Collar Counties Title Plant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lekkala Vidyadhar Reddy $304,000
Previous Owner Jha Pravin $167,700
Previous Owner Pedersen Erik $279,303
Previous Owner Schroeter Joanne $150,000
Previous Owner Golden Randal L $148,800
Previous Owner Edwards Bruce L $162,050
Previous Owner American National Bk & Tr Co Of Chicago $700,000
Closed American National Bk & Tr Co Of Chicago $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2018 08/10/18 Sold $258,000 -7.8% $146 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
04/17/2018 04/17/18 Price Changed $279,900 -1.8% $159 / Sq Ft
03/22/2018 03/22/18 For Sale $285,000 -- $161 / 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 $10,117 $111,760 $28,986 $82,774
2023 $9,585 $105,453 $27,350 $78,103
2022 $9,585 $101,984 $26,450 $75,534
2021 $9,186 $100,885 $26,165 $74,720
2020 $8,969 $101,229 $26,254 $74,975
2019 $8,830 $100,856 $26,157 $74,699
2018 $8,126 $93,575 $28,432 $65,143
2017 $7,994 $91,390 $27,768 $63,622
2016 $7,790 $87,513 $26,590 $60,923
2015 $7,587 $81,842 $24,867 $56,975
2014 $7,922 $84,445 $26,707 $57,738
2012 $7,826 $84,615 $26,761 $57,854
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09893176

Midwest Real Estate Data (MRED)

APN: 15-33-304-077