NOT LISTED FOR SALE

5 Somerset Ln Buffalo Grove, IL 60089

Estimated Value: $541,000 - $647,000

4 Beds
2.5 Baths
2,424 Sq Ft
$245/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $535,000 $221 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,330/month

14 Days on Market

Highlights

  • Landscaped Professionally
  • Corner Lot
  • Stainless Steel Appliances
  • Meridian Middle School Rated A
  • Formal Dining Room
  • Fenced Yard

About This Home

As of February 2024

Step into the warm embrace of this meticulously maintained home, nestled in the highly sought-after Stevenson High School District. The grand set of French doors makes a lasting first impression, leading you into a home filled with delightful surprises. The newly updated kitchen, completed in April 2022, boasts tall, white cabinetry, freshly painted walls, and stainless steel appliances, creating a bright and modern ambiance. Upstairs, discover new vinyl floors installed in December 2023, adding a fresh and contemporary touch to the entire space. The hallway bathroom, also renovated in December 2021, exudes elegance with its modern fixtures and stylish finishes. All major components have been thoughtfully replaced by the current owners within the last 3 years, ensuring long-term comfort and peace of mind. The roof was expertly replaced in April 2021, and in June 2021, solar panels were installed, contributing to energy efficiency and cost savings. In December 2021, the furnace and air conditioning system were upgraded, enhancing the home's climate control capabilities. The addition of new windows and doors in May 2023 not only improves energy efficiency but also enhances both the aesthetic and security of the home. The interior has received a fresh coat of paint in December 2023, creating a crisp and inviting atmosphere throughout. As you step outside to the fenced backyard, privacy and a perfect setting for outdoor enjoyment await you. The front lawn is adorned with stunning perennial flowers, making it the most beautifully landscaped yard on the block. Situated just a short stroll from Tripp Elementary and four different playgrounds, this location is unbeatable. Don't miss the chance to make this home yours - it's a must-see gem and the best buy in Highland Grove!

Last Agent to Sell the Property

Diana Matichyn

Coldwell Banker Realty License #475163703 Listed on: 01/18/2024

Coldwell Banker Realty

Last Buyer's Agent

Kelly Baysinger

Compass License #475141476

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,688

Year Built

  • Built in 1979

Lot Details

  • 9,871 Sq Ft Lot
  • Lot Dimensions are 84x105
  • Fenced Yard
  • Landscaped Professionally
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Split Level Home
  • Tri-Level Property
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,424 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Laminate Flooring
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • European Shower

Laundry

  • Dryer
  • Washer

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
  • Lake Michigan Water

Community Details

  • Highland Grove Subdivision, Essex Floorplan

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,688

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Subdivision Name: Highland Grove
  • Year Built: 1979
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

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: 4
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Wood Laminate Floors
  • LivingArea: 2424
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Bathroom Amenities: Double Sink,European Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 549990
  • Lot Features: Corner Lot, Fenced Yard, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Tripp School
  • High School: Adlai E Stevenson High School
  • Middle/Junior School: Aptakisic Junior High School
  • Middle/Junior School District: 102

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2266
  • Lot Dimensions: 84X105
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 12688
  • Tax Year: 2022
  • Tax Exemptions: None

MLS Schools

  • Othr Public Sch: MERIDIAN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Feb 28, 2024
Sold by
Srinivas Chetan and Srinivas Radhika
Bought by
Mcdee Darina and Zhang Zibin
Seller's Agent
Diana Matichyn
Coldwell Banker Realty
Buyer's Agent
Kelly Baysinger
Compass
List Price
$554,990
Sold Price
$535,000
Premium/Discount to List
-$19,990
-3.6%
Views
82
Current Estimated Value
$593,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,416
Avg. Annual Appreciation
5.38%
Original Mortgage
$428,000
Outstanding Balance
$422,188
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$158,410

Purchase Details

Closed on
Jan 6, 2017
Sold by
Perala Jon K and Perala Mie
Bought by
Srinivas Chetan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,200
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 15, 2009
Sold by
Maccrindle James I and Maccrindle Beth R
Bought by
Perala Jon K and Perala Mie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,200
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2002
Sold by
Schneider Ralph W and Schneider Debbie
Bought by
Maccrindle James I and Maccrindle Beth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,600
Interest Rate
6.25%
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
Mcdee Darina $535,000 None Listed On Document
Srinivas Chetan $384,000 Fidelity National Title
Perala Jon K $348,000 Commercial Land Title
Maccrindle James I $297,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdee Darina $428,000
Previous Owner Srinivas Chetan $307,200
Previous Owner Perala Jon K $313,200
Previous Owner Maccrindle James I $237,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $535,000 -2.7% $221 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
01/26/2024 01/26/24 Price Changed $549,990 -0.9% $227 / Sq Ft
01/18/2024 01/18/24 For Sale $554,990 -- $229 / 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 $14,207 $154,669 $31,171 $123,498
2023 $12,688 $145,942 $29,412 $116,530
2022 $12,688 $135,864 $27,381 $108,483
2021 $12,237 $134,399 $27,086 $107,313
2020 $11,999 $134,857 $27,178 $107,679
2019 $11,682 $134,360 $27,078 $107,282
2018 $11,993 $137,559 $26,761 $110,798
2017 $11,837 $134,348 $26,136 $108,212
2016 $11,424 $128,649 $25,027 $103,622
2015 $11,196 $120,311 $23,405 $96,906
2014 $10,130 $108,257 $25,138 $83,119
2012 $10,055 $108,474 $25,188 $83,286
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11945978

Midwest Real Estate Data (MRED)

APN: 15-33-107-025