Seller's Agent in 2024
linda lin
RE/MAX Suburban
(847) 454-5833
5 in this area
75 Total Sales
505 Park View Terrace Unit 505 Buffalo Grove, IL 60089
South Buffalo Grove NeighborhoodEstimated Value: $294,000 - $330,000
3
Beds
2
Baths
1,300
Sq Ft
$242/Sq Ft
Est. Value
Highlights
- Vaulted Ceiling
- End Unit
- Formal Dining Room
- Buffalo Grove High School Rated A+
- Granite Countertops
- Balcony
About This Home
As of June 2024Upstairs & Corner unit on the second floor with spectacular stairs. Largest model 3 bedroom 2 bath Condo in Covington subdivision in Buffalo Grove. Stepping into the unit you feel "wow"! The home features amazing vaulted ceilings with 2 large skylights, which makes it brighter, and spacious. Beautiful courtyard. Freshly painted, the huge living room features a beautiful brick fireplace. A large glass slider opens to the balcony allowing you to enjoy the courtyard view. A combo dining room fits a large dining table. Enjoy the gourmet kitchen with a view of beautiful spring flowers from all the windows. New granite countertop and a new oven. The primary bedroom features 2 closets, one, a walk-in closet, with a separate shower, and a new granite countertop. Two additional great-sized bedrooms and a bathroom with a new granite countertop. An individual laundry room with cabinetry in the unit. The furnace and water heater are next to the laundry room. New lights fixtures 2023, garbage disposal 2023, oven & kitchen countertops 2024. Private entrance to the attached garage. carpets are professionally cleaned. HOA fees include water. Rentals are not allowed.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $6,305
Year Built
- Built in 1987
Lot Details
- 11.12
HOA Fees
- $310 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 1,300 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Gas Log Fireplace
- Living Room with Fireplace
- Formal Dining Room
Kitchen
- Gas Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
- Separate Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Home Security
Schools
- J W Riley Elementary School
- Jack London Middle School
- Buffalo Grove High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Balcony
- End Unit
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, insurance, exterior maintenance, lawn care, snow removal
- 8 Units
- Manager Association, Phone Number (847) 985-6464
- Covington Manor Subdivision, Covington2 Floorplan
- Property managed by American Property Management
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2024
Closed on
Jun 24, 2024
Sold by
Yang Tingting and Zhu Ziming
Bought by
Janssens Nicole C
Seller's Agent
linda lin
RE/MAX Suburban
Buyer's Agent
Carly Jones
Engel & Voelkers Chicago North Shore
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Views
173
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,540
Avg. Annual Appreciation
6.25%
Original Mortgage
$275,500
Outstanding Balance
$271,713
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$42,827
Purchase Details
Listed on
Nov 5, 2015
Closed on
Mar 9, 2016
Sold by
Poznick Karyn S
Bought by
Yang Tingting
Seller's Agent
Phil Lifshin
Coldwell Banker Realty
Buyer's Agent
Vera Filimonov
Terra Property Group
List Price
$219,000
Sold Price
$201,000
Premium/Discount to List
-$18,000
-8.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$160,800
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 23, 2008
Sold by
Krebsbach Elizabeth V
Bought by
Poznick Karyn S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,700
Interest Rate
6.1%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Janssens Nicole C | $290,000 | None Listed On Document | |
| Yang Tingting | $201,000 | Citywide Title Corporation | |
| Poznick Karyn S | $263,000 | Bt |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Janssens Nicole C | $275,500 | |
| Previous Owner | Yang Tingting | $160,800 | |
| Previous Owner | Poznick Karyn S | $236,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/25/2024 06/25/24 | Sold | $290,000 | -3.3% | $223 / Sq Ft | |
| 05/16/2024 05/16/24 | Pending | -- | -- | -- | |
| 05/16/2024 05/16/24 | For Sale | $299,900 | 0.0% | $231 / Sq Ft | |
| 05/10/2024 05/10/24 | Pending | -- | -- | -- | |
| 05/07/2024 05/07/24 | Price Changed | $299,900 | -4.0% | $231 / Sq Ft | |
| 04/29/2024 04/29/24 | For Sale | $312,500 | +55.5% | $240 / Sq Ft | |
| 03/11/2016 03/11/16 | Sold | $201,000 | -4.2% | $155 / Sq Ft | View Prior Sale |
| 01/26/2016 01/26/16 | Pending | -- | -- | -- | |
| 01/09/2016 01/09/16 | Price Changed | $209,900 | -4.2% | $161 / Sq Ft | |
| 11/05/2015 11/05/15 | For Sale | $219,000 | -- | $168 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,587 | $23,898 | $3,574 | $20,324 |
| 2023 | $6,305 | $23,898 | $3,574 | $20,324 |
| 2022 | $6,305 | $23,898 | $3,574 | $20,324 |
| 2021 | $5,472 | $18,819 | $524 | $18,295 |
| 2020 | $5,404 | $18,819 | $524 | $18,295 |
| 2019 | $5,406 | $20,888 | $524 | $20,364 |
| 2018 | $4,283 | $15,873 | $425 | $15,448 |
| 2017 | $5,366 | $15,873 | $425 | $15,448 |
| 2016 | $4,201 | $15,873 | $425 | $15,448 |
| 2015 | $3,988 | $14,362 | $1,687 | $12,675 |
| 2014 | $3,940 | $14,362 | $1,687 | $12,675 |
| 2013 | $3,624 | $14,362 | $1,687 | $12,675 |
Source: Public Records
Agents Affiliated with this Home
-
linda lin
-
Carly Jones
Buyer's Agent in 2024
Carly Jones
Engel & Voelkers Chicago North Shore
(312) 391-3170
1 in this area
71 Total Sales
-
Phil Lifshin
Seller's Agent in 2016
Phil Lifshin
Coldwell Banker Realty
(847) 788-5525
12 Total Sales
-
Vera Filimonov
Buyer's Agent in 2016
Vera Filimonov
Terra Property Group
(847) 373-3764
6 in this area
59 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12041490
APN: 03-08-201-038-1096
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