NOT LISTED FOR SALE

701 Penny Ln Buffalo Grove, IL 60089

Estimated Value: $508,000 - $562,000

4 Beds
3 Baths
2,136 Sq Ft
$250/Sq Ft Est. Value

About This Home

This home is located at 701 Penny Ln, Buffalo Grove, IL 60089 and is currently estimated at $535,006, approximately $250 per square foot. 701 Penny Ln is a home located in Lake County with nearby schools including Ivy Hall Elementary School, Twin Groves Middle School, and Adlai E Stevenson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2017
Sold by
Marks Julie B
Bought by
Brown Eric and Brown Adriana
Current Estimated Value
$535,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,202
Outstanding Balance
$289,146
Interest Rate
3.99%
Mortgage Type
VA
Estimated Equity
$235,859

Purchase Details

Closed on
Jan 5, 2017
Sold by
Marks Jeffrey S and Marks Julie B
Bought by
Marks Julie B

Purchase Details

Closed on
May 23, 2006
Sold by
Sweet David M and Sweet Lindsay B
Bought by
Marks Jeffrey S and Marks Julie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,800
Interest Rate
6.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 25, 2002
Sold by
Lesser Scott M and Lesser Marcy K
Bought by
Sweet David M and Sweet Lindsay B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.87%

Purchase Details

Closed on
Apr 28, 1995
Sold by
Shipley David L and Shipley Margaret Carol
Bought by
Lesser Scott M and Lesser Marcy K
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Brown Eric $335,000 Citywide Title Corporation
Marks Julie B -- Attorney
Marks Jeffrey S $406,000 None Available
Sweet David M $325,000 --
Lesser Scott M $202,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Eric $35,000
Open Brown Eric $342,202
Previous Owner Marks Jeffrey S $324,800
Previous Owner Marks Jeffrey S $57,200
Previous Owner Marks Jeffrey S $324,800
Previous Owner Sweet David M $23,000
Previous Owner Sweet David M $260,000
Previous Owner Lesser Scott M $215,000
Previous Owner Lesser Scott M $200,000
Previous Owner Lesser Scott M $25,000
Closed Sweet David M $32,500
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 $12,374 $136,321 $33,942 $102,379
2023 $12,346 $128,629 $32,027 $96,602
2022 $12,346 $124,398 $30,974 $93,424
2021 $11,877 $123,057 $30,640 $92,417
2020 $11,598 $123,477 $30,745 $92,732
2019 $11,439 $123,022 $30,632 $92,390
2018 $10,270 $114,431 $30,275 $84,156
2017 $10,075 $111,760 $29,568 $82,192
2016 $9,808 $107,019 $28,314 $78,705
2015 $9,543 $100,083 $26,479 $73,604
2014 $8,443 $88,035 $28,438 $59,597
2012 $8,184 $88,211 $28,495 $59,716
Source: Public Records

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