NOT LISTED FOR SALE

497 Park View Terrace Unit 132 Buffalo Grove, IL 60089

South Buffalo Grove Neighborhood

Estimated Value: $260,000 - $292,000

2 Beds
2 Baths
1,100 Sq Ft
$252/Sq Ft Est. Value

Last Sold September 19, 2024

Last sale price $275,000 $250 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,259/month

5 Days on Market

Highlights

  • Open Floorplan
  • 1 Car Attached Garage
  • Patio
  • Buffalo Grove High School Rated A+
  • Walk-In Closet
  • Resident Manager or Management On Site

About This Home

As of September 2024

This one-level townhome features a spacious living room with a fireplace, a dining area, an updated kitchen with a breakfast bar, and a master suite with a walk-in closet and en-suite bathroom. There's also a generous-sized second bedroom, a full second bathroom, and a laundry/mechanical room. The home includes a private entrance from both the front door and attached garage, along with a private patio surrounded by greenery and courtyard views. Located just minutes from award-winning schools, shopping, restaurants, and golf, this 100% owner-occupied community does not allow rentals. The property also offers an attached one-car garage and a driveway with space for two more cars. Don't miss this rare opportunity-make this well-maintained Townhome yours today!

Last Agent to Sell the Property

Joanna Grabowski

Legacy Properties, A Sarah Leonard Company, LLC License #475192851 Listed on: 08/14/2024

Last Buyer's Agent

Young Lee

Real Broker LLC License #471017512

Real Broker LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,529

Year Built

  • Built in 1986

Lot Details

  • 11.12

HOA Fees

  • $265 Monthly HOA Fees

Parking

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

Home Design

  • Villa
  • Asphalt Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features
  • No Interior Steps
  • Level Entry For Accessibility

Outdoor Features

  • Patio

Schools

  • J W Riley Elementary School
  • Jack London Middle School
  • Buffalo Grove High School

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, snow removal
  • 8 Units
  • Valerie Litzau Association, Phone Number (847) 985-6464
  • Covington Manor Subdivision, Barkley Floorplan
  • Property managed by American Property Management

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,529

Year Built

Built in 1986

Lot Details

0

HOA Fees

$265 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Manor Home/Coach House/Villa,Townhouse-Ranch
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Manor Home/Coach House/Villa,Townhouse-Ranch
  • Subdivision Name: Covington Manor
  • Year Built: 1986
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Accessibility Features: Main Level Entry, No Interior Steps
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Walk-In Closet(s), Open Floorplan
  • LivingArea: 1100
  • Room Type: Foyer, Walk In Closet
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 1100
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 1100
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway
  • ParkingTotal: 3
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Gas
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 265
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: American Property Management
  • Management Contact Name: Valerie Litzau
  • Management Phone: 847-985-6464
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: J W Riley Elementary School
  • High School: Buffalo Grove High School
  • Middle/Junior School: Jack London Middle 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
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 6528.95
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2025
Sold by
Cho Luke
Bought by
Forks Cho Trust and Cho
Current Estimated Value
$277,117

Purchase Details

Listed on
Aug 14, 2024
Closed on
Sep 18, 2024
Sold by
Harp Aleis
Bought by
Cho Paul and Cho Luke
Seller's Agent
Joanna Grabowski
Legacy Properties, A Sarah Leonard Company, LLC
Buyer's Agent
Young Lee
Real Broker LLC
List Price
$265,000
Sold Price
$275,000
Premium/Discount to List
$10,000
3.77%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.69%

Purchase Details

Listed on
May 3, 2019
Closed on
Jun 4, 2019
Sold by
Sultz Benjamin
Bought by
Harp Aleis
Seller's Agent
Sadie Winter Dana Cohen
RE/MAX Suburban
Buyer's Agent
Tim Chung
Berkshire Hathaway HomeServices Chicago
List Price
$200,000
Sold Price
$198,000
Premium/Discount to List
-$2,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Original Mortgage
$158,400
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 1998
Sold by
Kreft Lillian and Mantey Hazel G
Bought by
Sultz Benjamin and Sultz Esther G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,650
Interest Rate
7.27%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Forks Cho Trust -- None Listed On Document
Cho Paul $275,000 None Listed On Document
Harp Aleis $198,000 First American Title
Sultz Benjamin $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harp Aleis $158,400
Previous Owner Sultz Benjamin $135,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2024 09/19/24 Sold $275,000 +3.8% $250 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $265,000 +33.8% $241 / Sq Ft
06/06/2019 06/06/19 Sold $198,000 -1.0% -- View Prior Sale
05/15/2019 05/15/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $200,000 -- --
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 $6,529 $20,400 $3,051 $17,349
2023 $6,281 $20,400 $3,051 $17,349
2022 $6,281 $20,400 $3,051 $17,349
2021 $3,558 $16,065 $447 $15,618
2020 $3,603 $16,065 $447 $15,618
2019 $3,610 $17,831 $447 $17,384
2018 $4,666 $13,549 $362 $13,187
2017 $2,526 $13,549 $362 $13,187
2016 $2,911 $13,549 $362 $13,187
2015 $2,637 $12,260 $1,440 $10,820
2014 $4,096 $12,260 $1,440 $10,820
2013 $2,394 $12,260 $1,440 $10,820
Source: Public Records

Agents Affiliated with this Home

  • Joanna Grabowski

    Seller's Agent in 2024

    Joanna Grabowski

    Legacy Properties, A Sarah Leonard Company, LLC

    (630) 835-4831

    1 in this area

    52 Total Sales

    Joanna Grabowski
    Section Image
  • Young Lee

    Buyer's Agent in 2024

    Young Lee

    Real Broker LLC

    (847) 496-0062

    2 in this area

    195 Total Sales

    Young Lee
    Section Image
  • Sadie Winter Dana Cohen

    Seller's Agent in 2019

    Sadie Winter Dana Cohen

    RE/MAX Suburban

    (847) 525-7487

    4 in this area

    181 Total Sales

    Sadie Winter Dana Cohen
    Section Image
  • Dana Cohen

    Seller Co-Listing Agent in 2019

    Dana Cohen

    RE/MAX Suburban

    (416) 629-7799

    1 in this area

    64 Total Sales

    Dana Cohen
    Section Image
  • Tim Chung

    Buyer's Agent in 2019

    Tim Chung

    Berkshire Hathaway HomeServices Chicago

    (224) 432-0215

    16 Total Sales

    Tim Chung
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12135070

Midwest Real Estate Data (MRED)

APN: 03-08-201-038-1090

Illinois Cook County Buffalo Grove 60089 South Buffalo Grove

497 Park View Terrace Unit 132, Buffalo Grove, IL

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