Seller's Agent in 2022
Sabine French-Rolnick
Berkshire Hathaway HomeServices Chicago
(312) 405-0183
1 in this area
109 Total Sales
524 Newberry Dr Elk Grove Village, IL 60007
Elk Grove Village West NeighborhoodEstimated Value: $497,000 - $521,000
3
Beds
2.5
Baths
1,653
Sq Ft
$309/Sq Ft
Est. Value
Highlights
- Property is near a park
- Recreation Room
- Wood Flooring
- Frederick Nerge Elementary School Rated A-
- Vaulted Ceiling
- 5-minute walk to Colony Park
About This Home
As of April 2022Welcome to your new home! This lovely 2 story, 3 bedroom, 2.5 bathroom plus office home with a full finished basement is move in ready! There is so much to love about this home and community! The first and second floors have beautiful hardwood floors except for the bathroom and kitchen. The open living room and dining room are perfect for entertaining. The eat-in-kitchen was updated in 2017 with granite countertops, a stylish backsplash and stainless steel appliances. The two full bathrooms were both updated in 2017 and have a luxurious feel! The family room has a marble fireplace and is open to the kitchen and opens to the backyard. The three bedrooms all have walk in closets and plenty of space! The finished basement is so spacious and serves many purposes. It is perfect for entertaining with its wet bar in the large open rec room. There is an office in the basement as well. And there is an additional room that serves as the perfect meditation room or additional storage! There is a great deal of storage in this home on each floor! The second floor has built in cabinets for storage. The first floor has a walk-in-pantry. And the basement has not of spaces designated for storage! This quiet subdivision has its own park visible from the front door! The assigned schools are part of the Schaumburg school district. This home is convenient to shopping, transportation, restaurants and more! Don't wait to come see this home!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Chicago License #475179305 Listed on: 03/10/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,708
Year Built
- Built in 1986
Lot Details
- 7,275 Sq Ft Lot
- Lot Dimensions are 60 x 116
- Fenced Yard
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,653 Sq Ft Home
- 2-Story Property
- Wet Bar
- Vaulted Ceiling
- Gas Log Fireplace
- Blinds
- Sliding Doors
- Entrance Foyer
- Family Room with Fireplace
- Combination Dining and Living Room
- Home Office
- Recreation Room
- Bonus Room
- Lower Floor Utility Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- Bathroom on Main Level
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Finished Basement Bathroom
Schools
- Fredrick Nerge Elementary School
- Margaret Mead Junior High School
- J B Conant High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Additional Features
- Patio
- Property is near a park
Community Details
- Westgate Subdivision
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2022
Closed on
Apr 15, 2022
Sold by
Rao Rajendra B and Rao Ketki R
Bought by
Devaraj Amarnath and Muthusamy Mahalakshmi
Seller's Agent
Sabine French-Rolnick
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Tito Pasia
Net 1 Real Estate, Corp.
List Price
$430,000
Sold Price
$440,000
Premium/Discount to List
$10,000
2.33%
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
$71,567
Avg. Annual Appreciation
3.78%
Original Mortgage
$352,000
Outstanding Balance
$333,415
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$166,046
Purchase Details
Listed on
Mar 10, 2022
Closed on
Apr 6, 2022
Sold by
Rajendra B Rao Trust and Rao Ketki R
Bought by
Devaraj Amarnath and Muthusamy Mahalakshmi
Seller's Agent
Sabine French-Rolnick
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Tito Pasia
Net 1 Real Estate, Corp.
List Price
$430,000
Sold Price
$440,000
Premium/Discount to List
$10,000
2.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Outstanding Balance
$333,415
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$166,046
Purchase Details
Closed on
Oct 15, 2010
Sold by
Rao Rajendra B and Rao Ketki R
Bought by
Rao Rajendra B and Rao Ketki R
Purchase Details
Closed on
May 11, 1998
Sold by
Valentino David and Valentino Brunella
Bought by
Rao Rajendra B and Rao Ketki R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
7.25%
Purchase Details
Closed on
Jan 29, 1996
Sold by
Gibbons Patrick J and Gibbons Regina T
Bought by
Valentino David and Valentino Brunella
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
7.11%
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 |
|---|---|---|---|
| Devaraj Amarnath | $440,000 | -- | |
| Devaraj Amarnath | $440,000 | None Listed On Document | |
| Rao Rajendra B | -- | None Available | |
| Rao Rajendra B | $217,500 | -- | |
| Valentino David | $203,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Devaraj Amarnath | $352,000 | |
| Previous Owner | Rao Rajendra B | $200,000 | |
| Previous Owner | Rao Rajendra B | $78,000 | |
| Previous Owner | Valentino David | $123,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/13/2022 04/13/22 | Sold | $440,000 | +2.3% | $266 / Sq Ft |
| 03/14/2022 03/14/22 | Pending | -- | -- | -- |
| 03/10/2022 03/10/22 | For Sale | $430,000 | -- | $260 / 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 | $8,871 | $31,836 | $9,438 | $22,398 |
| 2023 | $9,431 | $36,812 | $9,438 | $27,374 |
| 2022 | $9,431 | $36,812 | $9,438 | $27,374 |
| 2021 | $7,837 | $27,958 | $6,171 | $21,787 |
| 2020 | $7,708 | $27,958 | $6,171 | $21,787 |
| 2019 | $7,716 | $31,065 | $6,171 | $24,894 |
| 2018 | $7,381 | $27,066 | $5,263 | $21,803 |
| 2017 | $7,320 | $27,066 | $5,263 | $21,803 |
| 2016 | $7,872 | $29,810 | $5,263 | $24,547 |
| 2015 | $7,448 | $26,655 | $4,356 | $22,299 |
| 2014 | $8,394 | $30,014 | $4,356 | $25,658 |
| 2013 | $8,160 | $30,014 | $4,356 | $25,658 |
Source: Public Records
Agents Affiliated with this Home
-
Sabine French-Rolnick
-
Tito Pasia
T
Buyer's Agent in 2022
Tito Pasia
Net 1 Real Estate, Corp.
1 in this area
19 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11340845
APN: 07-26-403-079-0000
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