NOT LISTED FOR SALE

550 Mayfair Ln Buffalo Grove, IL 60089

South Buffalo Grove Neighborhood

Estimated Value: $554,452 - $649,000

3 Beds
3 Baths
2,278 Sq Ft
$263/Sq Ft Est. Value

About This Home

This home is located at 550 Mayfair Ln, Buffalo Grove, IL 60089 and is currently estimated at $599,613, approximately $263 per square foot. 550 Mayfair Ln is a home located in Cook County with nearby schools including Henry W Longfellow Elementary School, Cooper Middle School, and Buffalo Grove High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Lewis Neil and Lewis Michelle
Bought by
Parkway Bank And Trust
Current Estimated Value
$599,613

Purchase Details

Closed on
Aug 15, 2001
Sold by
Hsieh Hung Chin and Hsieh Hua Chun
Bought by
Lewis Neil and Lewis Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
7.23%

Purchase Details

Closed on
Mar 10, 1998
Sold by
Dongbang Chung C and Dongbang Choon Sook
Bought by
Hsieh Hung Chin and Hsieh Hua Chun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.15%

Purchase Details

Closed on
Nov 22, 1996
Sold by
Stiefel Alden S and Stiefel Karen A
Bought by
Dongband Chung C and Dongbang Choon Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,500
Interest Rate
7.85%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Parkway Bank And Trust -- None Listed On Document
Lewis Neil $351,000 1St American Title
Hsieh Hung Chin $282,000 --
Dongband Chung C $242,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewis Neil $75,000
Previous Owner Lewis Neil $347,000
Previous Owner Lewis Neil $100,000
Previous Owner Lewis Neil $42,000
Previous Owner Lewis Neil $224,500
Previous Owner Lewis Neil $218,000
Previous Owner Hsieh Hung Chin $200,000
Previous Owner Dongband Chung C $253,500
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 $10,481 $38,715 $13,566 $25,149
2023 $10,421 $38,715 $13,566 $25,149
2022 $10,421 $40,000 $13,566 $26,434
2021 $11,466 $35,783 $9,609 $26,174
2020 $11,535 $36,654 $9,609 $27,045
2019 $11,562 $40,772 $9,609 $31,163
2018 $12,155 $38,730 $8,478 $30,252
2017 $11,951 $38,730 $8,478 $30,252
2016 $11,823 $40,142 $8,478 $31,664
2015 $10,917 $34,758 $7,348 $27,410
2014 $10,754 $34,758 $7,348 $27,410
2013 $10,238 $35,777 $7,348 $28,429
Source: Public Records

Map

Illinois Cook County Buffalo Grove 60089 South Buffalo Grove

550 Mayfair Ln, Buffalo Grove, IL

This home is located at 550 Mayfair Ln, Buffalo Grove, IL 60089 and is currently estimated at $599,613, approximately $263 per square foot. 550 Mayfair Ln is a home located in Cook County with nearby schools including Henry W Longfellow Elementary School, Cooper Middle School, and Buffalo Grove High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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