NOT LISTED FOR SALE

427 Town Place Cir Buffalo Grove, IL 60089

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

2 Beds
2.5 Baths
1,765 Sq Ft
$229/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $320,000 $181 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,330/month

16 Days on Market

Highlights

  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Stainless Steel Appliances
  • Meridian Middle School Rated A
  • Loft
  • Skylights

About This Home

As of August 2022

BRIGHT AND BEAUTIFUL! Newly painted east facing 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, new Microwave. Separate dining area has sliding door to the patio. New fences in 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 with new garage door opener . Close to stores, pharmacy, restaurants, parks, and located in both school districts 102 and 125! Tripp school very close. School bus stop right in front of the house. Very peaceful and family friendly community .Wonderful opportunity to own this top notch home!

Last Agent to Sell the Property

Cornelius Tanase

Tanese Realty License #471012576 Listed on: 06/30/2022

Last Buyer's Agent

Julie Brown

@properties Christie's International Real Estate License #475125203

@properties Christie's International Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,969

Year Built

  • Built in 1994

Lot Details

  • 44

HOA Fees

  • $367 Monthly HOA Fees

Parking

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

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,765 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Sump Pump
  • Crawl Space

Home Security

Outdoor Features

  • Patio

Schools

  • Tripp Elementary School
  • Aptakisic Junior High School
  • Adlai E Stevenson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, scavenger, snow removal
  • 4 Units
  • Joel Association, Phone Number (630) 627-3303
  • Town Place Subdivision, Bristol Floorplan
  • Property managed by HILLCREST

Amenities

  • Common Area

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,969

Year Built

Built in 1994

Lot Details

0

HOA Fees

$367 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Town Place
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Wood Laminate Floors, Second Floor Laundry, Laundry Hook-Up in Unit
  • LivingArea: 1765
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Loft
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate,L-shaped
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,EIFS (e.g. Dryvit).

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 367
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: HILLCREST
  • Management Contact Name: Joel
  • Management Phone: 630-627-3303
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Tripp School
  • High School: Adlai E Stevenson High School
  • Middle/Junior School: Aptakisic Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 8968.62
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Aug 16, 2022
Sold by
Jha and Farida
Bought by
Lekkala Vidyadhar Reddy and Pingili Rajasri
Seller's Agent
Cornelius Tanase
Tanese Realty
Buyer's Agent
Julie Brown
@properties Christie's International Real Estate
List Price
$330,900
Sold Price
$320,000
Premium/Discount to List
-$10,900
-3.29%
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.
Estimated Appreciation
$83,457
Avg. Annual Appreciation
7.25%
Original Mortgage
$304,000
Outstanding Balance
$290,147
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$113,310

Purchase Details

Closed on
Aug 9, 2018
Sold by
Pedersen Erick and Pedersen Jane
Bought by
Jha Pravin and Easmin Farida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
08/29/2022 08/29/22 Sold $320,000 -3.3% $181 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $330,900 -- $187 / 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: 11451618

Midwest Real Estate Data (MRED)

APN: 15-33-304-077