5502 Groveside Ln Rolling Meadows, IL 60008
Plum Grove Village NeighborhoodEstimated Value: $607,000 - $656,728
4
Beds
3
Baths
2,150
Sq Ft
$293/Sq Ft
Est. Value
Highlights
- Family Room with Fireplace
- Formal Dining Room
- Senior Tax Exemptions
- Hunting Ridge Elementary School Rated A
- Attached Garage
About This Home
As of October 2021***Multiple offers. Please submit by 7pm, Friday 10/1.***Fabulous location with great schools! On a corner lot in a friendly neighborhood, this renovated home is sure to please. New kitchen with shaker cabinetry and soft close doors and drawers, under cabinet lights, quartz counters, Samsung appliances, and a new thoughtful layout. Kitchen blends flawlessly with the dining room to provide a more open feel. Bathrooms are completely new with Kohler fixtures and nice tile work. New hardwood floors throughout the main floor, stairs, and upstairs hallway. Rooms are big and seems much bigger than the square footage listed. New doors, casings, trim, and windows. Newly painted fireplace with gas logs. Freshly painted garage with Chamberlain opener with battery back-up. Private back yard and new patio. Partial basement is unfinished and provides great storage. Priced well below recent comps for quick sale!
Last Agent to Sell the Property
Spartan Residential License #471000592 Listed on: 09/28/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,285
Year Built | Renovated
- 1978 | 2021
Lot Details
- 9,104
Parking
- Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Interior Spaces
- 2-Story Property
- Family Room with Fireplace
- Formal Dining Room
- Unfinished Basement
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 28, 2021
Closed on
Oct 11, 2021
Sold by
Spartan Exchange Llc
Bought by
Madrew Properties Llc
Seller's Agent
Eric Strung
Spartan Residential
Buyer's Agent
Mark Kloss
@properties Christie's International Real Estate
List Price
$500,000
Sold Price
$525,000
Premium/Discount to List
$25,000
5%
Total Days on Market
2
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
$105,182
Avg. Annual Appreciation
4.87%
Purchase Details
Closed on
Mar 1, 2021
Sold by
Distelheim William L and Distelheim Miriam R
Bought by
Spartan Exchange Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
3.25%
Mortgage Type
Unknown
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Madrew Properties Llc | $525,000 | First American Title | |
| Spartan Exchange Llc | $295,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Spartan Exchange Llc | $472,000 | |
| Previous Owner | Nahlawe Ayad | $268,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/22/2021 10/22/21 | Sold | $525,000 | +5.0% | $244 / Sq Ft |
| 10/01/2021 10/01/21 | Pending | -- | -- | -- |
| 09/28/2021 09/28/21 | For Sale | $500,000 | -- | $233 / 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 | $14,285 | $47,000 | $10,907 | $36,093 |
| 2023 | $14,285 | $47,000 | $10,907 | $36,093 |
| 2022 | $14,285 | $47,000 | $10,907 | $36,093 |
| 2021 | $11,545 | $39,701 | $5,680 | $34,021 |
| 2020 | $11,512 | $39,701 | $5,680 | $34,021 |
| 2019 | $11,474 | $44,015 | $5,680 | $38,335 |
| 2018 | $11,248 | $39,841 | $5,226 | $34,615 |
| 2017 | $11,051 | $39,841 | $5,226 | $34,615 |
| 2016 | $12,216 | $42,624 | $5,226 | $37,398 |
| 2015 | $10,116 | $33,689 | $4,771 | $28,918 |
| 2014 | $9,922 | $33,689 | $4,771 | $28,918 |
| 2013 | $10,650 | $36,916 | $4,771 | $32,145 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Strung
Seller's Agent in 2021
Eric Strung
Spartan Residential
(773) 218-0876
1 in this area
47 Total Sales
-
Mark Kloss
Buyer's Agent in 2021
Mark Kloss
@ Properties
(847) 456-8860
4 in this area
187 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11231860
APN: 02-34-106-001-0000
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