NOT LISTED FOR SALE

581 Indian Spring Ln Unit 6 Buffalo Grove, IL 60089

Estimated Value: $494,000 - $560,000

4 Beds
2.5 Baths
2,136 Sq Ft
$245/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $325,000 $152 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,711/month

7 Days on Market

Highlights

  • Formal Dining Room
  • 2 Car Attached Garage
  • Laundry Room
  • Ivy Hall Elementary School Rated A
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2014

Premium quiet location! Meticulously maintained home in move in condition. Enjoy the spacious & updated eat-in kitchen w/ oak cabinets & Corian counter-tops. Beautifully remodeled bath w/ subway tile & mosaic surround detailing. Brand new a/c, all newer windows, huge basement, large mudroom/laundry room off the garage. Spacious and private backyard. Move right in and enjoy!

Last Agent to Sell the Property

Allison Silver

Compass License #475106954 Listed on: 08/01/2014

Compass

Last Buyer's Agent

Scott Collins

RE/MAX Showcase

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,997

Year Built

  • Built in 1970

Lot Details

  • 8,773 Sq Ft Lot
  • Lot Dimensions are 75 x 117

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,136 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Ivy Hall Elementary School
  • Twin Groves Middle School
  • Adlai E Stevenson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Strathmore Subdivision, Gramercy Floorplan

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,997

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Strathmore
  • Year Built: 1970
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 2136
  • Room Type: No additional rooms
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 335000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: IVY HALL ELEMENTARY SCHOOL
  • High School: ADLAI E STEVENSON HIGH SCHOOL
  • Middle/Junior School: TWIN GROVES MIDDLE SCHOOL
  • Middle/Junior School District: 96

Lot Info

  • Lot Size Acres: 0.2014
  • Lot Dimensions: 75 X 117
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 8996.94
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2014
Closed on
Aug 25, 2014
Sold by
Silverman Oshrit and Oshrit Silverman Declaration O
Bought by
Mendrala Edward J and Mendrala Sherre J
Seller's Agent
Allison Silver
Compass
Buyer's Agent
Scott Collins
RE/MAX Showcase
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%
Current Estimated Value
$526,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,160
Avg. Annual Appreciation
4.43%
Original Mortgage
$245,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 9, 2011
Sold by
Silverman Oshrit
Bought by
Silverman Oshirt and The Oshrit Silverman Declarati

Purchase Details

Closed on
Aug 27, 2002
Sold by
Silverman Shmuel and Silverman Oshrit
Bought by
Silverman Oshrit

Purchase Details

Closed on
Sep 22, 1998
Sold by
Jsb Partners
Bought by
Silverman Shmuel and Silverman Oshrit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.98%

Purchase Details

Closed on
Dec 31, 1994
Sold by
581 Partners
Bought by
Jsb Partners

Purchase Details

Closed on
Jan 10, 1994
Sold by
Bank One Chicago Na
Bought by
581 Partners
Source: Public Records

Range of Values:

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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
Mendrala Edward J $325,000 Chicago Title Insurance Co
Silverman Oshirt -- None Available
Silverman Oshrit -- --
Silverman Shmuel $230,000 First American Title
Jsb Partners -- --
581 Partners -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendrala Edward J $245,000
Previous Owner Silverman Shmuel $144,714
Previous Owner Silverman Shmuel $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2014 08/28/14 Sold $325,000 -3.0% $152 / Sq Ft
08/08/2014 08/08/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $335,000 -- $157 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $10,129 $117,752 $33,966 $83,786
2023 $10,579 $111,107 $32,049 $79,058
2022 $10,579 $107,451 $30,994 $76,457
2021 $10,176 $106,293 $30,660 $75,633
2020 $9,937 $106,656 $30,765 $75,891
2019 $11,984 $128,605 $30,652 $97,953
2018 $10,743 $119,417 $30,293 $89,124
2017 $10,539 $116,630 $29,586 $87,044
2016 $10,261 $111,683 $28,331 $83,352
2015 $9,986 $104,445 $26,495 $77,950
2014 $9,074 $94,170 $28,456 $65,714
2012 $8,997 $94,359 $28,513 $65,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08689260

Midwest Real Estate Data (MRED)

APN: 15-32-103-115