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1057 Alden Lane

1057 Alden Lane, Buffalo Grove, IL 60089
Sold Aug 11, 2021
$438,000
$306,600 by United Wholesale Mortgage
Mortgage Due Jul 01, 2051
Sold Jul 26, 2013
$375,000
$356,250 by Plaza Home Mortgage Inc
Mortgage Due Aug 01, 2043
1057 Alden Lane has been categorized by the local assessors in Buffalo Grove, IL as a residential type of property. The building on the property was first built in 1972 and is 52 years old. However, we must point out that the home was most recently renovated and altered in 1979. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1057 Alden Lane has 2,381 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 688 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 8,908 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 404 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1057 Alden Lane was last sold in Jun 30, 2021 for $438,000. According to our calculations, that's $148.12 per sqft. Prior to that sales transaction, the property was sold for $375,000 in Jun 26, 2013. Current property owners are expected to pay $12,680 in taxes per year. The property on 1057 Alden Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $138,348. To break that down further, the land itself was valued at $33,717. While improvements to the property were assessed at a total of $104,631. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C+
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 688
  • Garage Type: Attached
  • Garage Square Area: 404
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,908
  • Total Building Area: 2,957
  • Gross Building Area: 2,957
  • Building Area: 2,381
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,381
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STRATHMORE IN BUFFALO GROVE UNIT 11
  • Land Acres: 0.205
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STRATHMORE IN BUFFALO GROVE UNIT 11 LOT 38 BLOCK 20

Ownership

  • Current Owner : HUANG LI YU
  • Current Owner 2: CHU SZU YU
  • Previous Owner : THOMAS MARISA
  • Previous Owner 2: THOMAS BEJOY
  • Owner Before Previous Owner: SEITZ ROBERT C
  • Owner Before Previous Owner 2: SEITZ LYNN M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Kildeer Countryside Community Consolidated School District 96
  • Census Tract: 864516

Geography

  • Assessors Map Reference: 2701-A6
  • District: VERNON
  • Parcel: 15-29-308-016
  • Block: 20
  • Lot: 38
  • Municipality: TWP OF VERNON
  • Latitude: 42.172
  • Longitude: -87.9811

    Address

  • Full Address: 1057 Alden Ln
  • Legal Unit: 11
  • Address - House Number: 1057
  • Address - Street Name: Alden
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C019
  • 4-Digit Zip Code: 1304
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,680
  • Tax Rate Code Area: 16094

    Appraisal Valuation

  • Standard Deviation: 0.1652
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 521,301
  • High Value: 607,471
  • Low Value: 435,131

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $306,600
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 11, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $306,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $415,085
  • Market Land Value: $101,161
  • Market Improvement Value: $313,924

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,348
  • Assessed Land Value: $33,717
  • Assessed Improvements Value: $104,631

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Transaction ID: 11855750038
  • Current Sale Price: $438,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7816947
  • Previous Sale Recording Date: Jul 26, 2013
  • Previous Sale Contract Date: Jun 26, 2013
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Aug 11, 2021
  • First Mortgage Loan Amount: $306,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PLAZA HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Jul 26, 2013
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $356,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2043

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Frequently Asked Questions

What neighborhood is 1057 Alden Lane located in?
The 1057 Alden Lane is a located in the neighborhood of Strathmore in Buffalo Grove in Buffalo Grove, Buffalo Grove.
What is the average sales price for listings in 1057 Alden Lane?
The average sales price for units in 1057 Alden Lane is $0 currently.

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