NOT LISTED FOR SALE

851 Silver Rock Ln Unit 8 Buffalo Grove, IL 60089

Estimated Value: $511,000 - $571,000

4 Beds
2.5 Baths
2,115 Sq Ft
$252/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $447,500 $212 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,991/month

Highlights

  • Formal Dining Room
  • Fenced Yard
  • Soaking Tub
  • Ivy Hall Elementary School Rated A
  • 2 Car Attached Garage
  • Patio

About This Home

As of January 2024

Must see this beautiful 4 bedroom 2.5 bath home in Strathmore subdivision! Many updates completed in 2023 including new kitchen, carpet and wood laminate floors. Fenced in yard with patio for entertaining. Freshly painted throughout. Close to shopping, highways and schools. Move in ready.

Last Agent to Rent the Property

Emily Chou

Pan Realty LLC License #471021900 Listed on: 12/15/2023

Last Renter's Agent

Undram Tsogbat

Baird & Warner License #475204154

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,889

Year Built

  • Built in 1970 | Remodeled in 2023

Lot Details

  • Lot Dimensions are 80x117
  • Fenced Yard

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,115 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Laminate Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • Strathmore Subdivision

Listing and Financial Details

  • Property Available on 12/15/23

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,889

Year Built

Built in 1970 | Remodeled in 2023

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2023-12-15
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Detached
  • Rental Price: 3500

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Detached: 2 Stories
  • Property Sub-Type: Detached
  • Subdivision Name: Strathmore
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Wood Laminate Floors, First Floor Laundry
  • LivingArea: 2115
  • Other Equipment: Humidifier, TV-Cable, CO Detectors, Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 3500
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Clad Trim

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent 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 Dimensions: 80X117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Dec 15, 2023
Sold by
Zwirn Mel and Zwirn Mary
Bought by
Ni Junyan and Huang Yi Lei
Seller's Agent
Emily Chou
Pan Realty LLC
Buyer's Agent
Undram Tsogbat
Baird & Warner
Sold Price
$3,400
Views
136
Current Estimated Value
$531,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,525
Avg. Annual Appreciation
10.38%
Original Mortgage
$300,000
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 1998
Sold by
Parkin Jerry R and Parkin Susana
Bought by
Zwim Mel and Zwim Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
7.18%

Purchase Details

Closed on
Jul 21, 1997
Sold by
Parkin Jerry R
Bought by
Parkin Jerry R and Parkin Susana
Source: Public Records

Range of Values:

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Average Value
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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
Ni Junyan $447,500 Chicago Title
Zwim Mel $195,000 Chicago Title Insurance Co
Parkin Jerry R -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ni Junyan $298,000
Closed Ni Junyan $300,000
Previous Owner Zwim Mel $146,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Rented $3,400 -99.2% --
01/19/2024 01/19/24 Under Contract -- -- --
12/15/2023 12/15/23 Sold $447,500 0.0% $212 / Sq Ft
12/15/2023 12/15/23 For Rent $3,500 0.0% --
10/23/2023 10/23/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $460,000 0.0% $217 / Sq Ft
12/15/2020 12/15/20 Rented $2,195 0.0% --
11/17/2020 11/17/20 Under Contract -- -- --
10/30/2020 10/30/20 Price Changed $2,195 -4.6% $1 / Sq Ft
10/08/2020 10/08/20 For Rent $2,300 +2.2% --
01/01/2019 01/01/19 Rented $2,250 0.0% --
11/28/2018 11/28/18 Price Changed $2,250 -1.7% $1 / Sq Ft
11/06/2018 11/06/18 Price Changed $2,290 -4.2% $1 / Sq Ft
10/11/2018 10/11/18 For Rent $2,390 -- --
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 $13,889 $143,493 $36,947 $106,546
2023 $12,902 $135,396 $34,862 $100,534
2022 $12,902 $123,734 $31,860 $91,874
2021 $12,419 $122,399 $31,516 $90,883
2020 $12,125 $122,817 $31,624 $91,193
2019 $11,953 $122,364 $31,507 $90,857
2018 $10,745 $113,369 $31,138 $82,231
2017 $10,548 $110,723 $30,411 $80,312
2016 $10,295 $106,026 $29,121 $76,905
2015 $10,058 $99,155 $27,234 $71,921
2014 $10,209 $99,209 $29,249 $69,960
2012 $10,087 $99,408 $29,308 $70,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11945278

Midwest Real Estate Data (MRED)

APN: 15-29-314-013