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1410 Margate Drive

1410 Margate Drive, Buffalo Grove, IL 60089
Property in Old Farm Village
Sold Apr 12, 1995
$250,000
$150,000 by Standard Federal Bank
Mortgage Due Apr 01, 2025
1410 Margate Drive 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 1987 and is 37 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1410 Margate Drive has 2,279 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,080 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 440 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 average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B 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, 1410 Margate Drive was last sold in Mar 15, 1995 for $250,000. According to our calculations, that's $67.73 per sqft. Current property owners are expected to pay $13,772 in taxes per year. The property on 1410 Margate Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $160,813. To break that down further, the land itself was valued at $27,598. While improvements to the property were assessed at a total of $133,215. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 972
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,080
  • Total Building Area: 3,691
  • Gross Building Area: 3,691
  • Building Area: 2,279
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,279
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLD FARM VILLAGE UNIT 7
  • Land Acres: 0.231
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OLD FARM VILLAGE UNIT 7; LOT 6 IN BLK 14 LOT 6 BLOCK 14

Ownership

  • Current Owner : FACTOROVICH STANISLAV
  • Current Owner 2: FACTOROVICH JENNIFER
  • Previous Owner : KLEINMUNTZ IRA M
  • Previous Owner 2: KLEINMUNTZ LESLIE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Adlai E. Stevenson High School District 125
  • Census Tract: 864520

Geography

  • Assessors Map Reference: 2701-D6
  • District: VERNON
  • Parcel: 15-28-107-006
  • Block: 14
  • Lot: 6
  • Municipality: TWP OF VERNON
  • Latitude: 42.178
  • Longitude: -87.9556

    Address

  • Full Address: 1410 Margate Dr
  • Legal Unit: 7
  • Address - House Number: 1410
  • Address - Street Name: Margate
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C063
  • 4-Digit Zip Code: 6848
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,772
  • Tax Rate Code Area: 16092

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 564,402
  • High Value: 654,565
  • Low Value: 474,238

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: STANDARD FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Apr 12, 1995
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2025

    Market Valuation

  • Market Total Value: $482,487
  • Market Land Value: $82,802
  • Market Improvement Value: $399,685

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,813
  • Assessed Land Value: $27,598
  • Assessed Improvements Value: $133,215

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 15, 1995
  • Current Sale Recording Date: Apr 12, 1995
  • Current Sale Transaction ID: 11459180401
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3663417

    Last Sale Mortgage

  • First Mortgage Lender: STANDARD FEDERAL BANK
  • First Mortgage Transaction Date: Apr 12, 1995
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2025

About Old Farm Village



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Nearby Rentals

Unit for rent at 4279 Hilltop Road, Long Grove, IL, 60047

$4,200 /mo

  • 3 Beds
  • 3 Baths
  • 2,299 ft²
4279 Hilltop Road, Long Grove, IL, 60047 Listing by Angie Garcia

Frequently Asked Questions

What neighborhood is 1410 Margate Drive located in?
The 1410 Margate Drive is a located in the neighborhood of Old Farm Village in Old Farm Village, Buffalo Grove.
What is the average sales price for listings in 1410 Margate Drive?
The average sales price for units in 1410 Margate Drive is $0 currently.

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