NOT LISTED FOR SALE

516 Cherbourg Dr Buffalo Grove, IL 60089

Estimated Value: $492,000 - $536,000

3 Beds
4 Baths
2,280 Sq Ft
$229/Sq Ft Est. Value

About This Home

This home is located at 516 Cherbourg Dr, Buffalo Grove, IL 60089 and is currently estimated at $521,331, approximately $228 per square foot. 516 Cherbourg Dr is a home located in Lake County with nearby schools including Meridian Middle School, Tripp Elementary School, and Aptakisic Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2020
Sold by
Sayyad Shameem Gouse Lazam and Sayyad Halima
Bought by
Sayyad Shameem Gouse Lazam and Sayyad Halima
Current Estimated Value
$521,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Outstanding Balance
$261,589
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$259,742

Purchase Details

Closed on
May 8, 2019
Sold by
Sayyad Shameem Gouse Lazam and Sayyad Halima
Bought by
Shameem Gouse Lazam Sayyad and Shameem Halima Sayy

Purchase Details

Closed on
Jul 26, 2017
Sold by
Shore Murray and Shore Susan
Bought by
Sayyad Shameem Gouse Lazam and Sayyad Halima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,800
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 11, 2003
Sold by
Cohn Annette and Annette Cohn Revocable Trust
Bought by
Shore Murray and Shore Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
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
Sayyad Shameem Gouse Lazam -- Attorney
Shameem Gouse Lazam Sayyad -- None Available
Sayyad Shameem Gouse Lazam $393,500 Attorney
Shore Murray $382,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sayyad Shameem Gouse Lazam $296,000
Closed Sayyad Shameem Gouse Lazam $314,800
Previous Owner Shore Murray $322,000
Source: Public Records

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 $12,922 $135,659 $34,762 $100,897
2023 $11,763 $128,005 $32,801 $95,204
2022 $11,763 $123,794 $31,722 $92,072
2021 $12,030 $130,263 $34,578 $95,685
2020 $11,745 $130,707 $34,696 $96,011
2019 $11,702 $131,724 $34,568 $97,156
2018 $9,358 $116,917 $37,587 $79,330
2017 $10,129 $114,188 $36,710 $77,478
2016 $9,876 $109,344 $35,153 $74,191
2015 $9,629 $102,258 $32,875 $69,383
2014 $10,247 $107,474 $35,307 $72,167
2012 $10,110 $107,690 $35,378 $72,312
Source: Public Records

Map

Illinois Lake County Buffalo Grove 60089

516 Cherbourg Dr, Buffalo Grove, IL

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