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2002 Jordan Terrace

2002 Jordan Terrace, Buffalo Grove, IL 60089
Property in Prairie Grove
Sold May 27, 2009
$835,000
$417,000 by Biltmore Financial Bancorp Inc
Mortgage Due Jun 01, 2039
Sold Feb 11, 1999
$625,000
$536,800 by First American Bank
Mortgage Due Mar 01, 2029
Local assessors in Buffalo Grove, IL have categorized 2002 Jordan Terrace as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 13,068 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 13 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 6 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2002 Jordan Terrace has a total of 5,866 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 2,141 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a storm sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 1,012 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 6, 2009 for $835,000. That's $110.11 per sqft. Prior to that sales transaction, the property was also sold in Sep 28, 1998 for $625,000. 2002 Jordan Terrace was last assessed in 2023. The total value of the property was assessed at $289,099. Specifically, the land the property is located on was valued at $46,713. While improvements on the property were assessed at a total of $242,386. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $24,761. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Unknown
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 2,141
  • Garage Type: Attached
  • Garage Square Area: 1,012
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 7,583
  • Gross Building Area: 7,583
  • Building Area: 5,866
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 5,866
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PRAIRIE GROVE SUB
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PRAIRIE GROVE SUB; LOT 48

Ownership

  • Current Owner : MAX RICKY L
  • Current Owner 2: MAX ALANA
  • Previous Owner : SAGERMAN SCOTT D
  • Previous Owner 2: SAGERMAN STEPHANIE
  • Owner Before Previous Owner: AMERICAN NATIONAL BK & TR CO OF CHICAGO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Geography

  • District: VERNON
  • Parcel: 15-21-303-016
  • Lot: 48
  • Municipality: TWP OF VERNON
  • Latitude: 42.1866
  • Longitude: -87.9571

    Address

  • Full Address: 2002 Jordan Ter
  • Address - House Number: 2002
  • Address - Street Name: Jordan
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: R004
  • 4-Digit Zip Code: 4646
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,761
  • Tax Rate Code Area: 16092

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 932,356
  • High Value: 1,081,301
  • Low Value: 783,412

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $652,000
  • First Open Lien Mortgage Lender: BILTMORE FINANCIAL BANCORP INC
  • First Open Lien Mortgage Recording Date: May 27, 2009
  • First Open Lien Mortgage Loan Amount: $417,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2039
  • Second Open Lien Mortgage Lender: FIFTH THIRD BANK NA
  • Second Open Lien Mortgage Recording Date: Feb 07, 2022
  • Second Open Lien Mortgage Loan Amount: $235,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 25, 2051

    Market Valuation

  • Market Total Value: $867,384
  • Market Land Value: $140,153
  • Market Improvement Value: $727,231

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,099
  • Assessed Land Value: $46,713
  • Assessed Improvements Value: $242,386

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 06, 2009
  • Current Sale Recording Date: May 27, 2009
  • Current Sale Transaction ID: 11459305885
  • Current Sale Price: $835,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6476896
  • Previous Sale Recording Date: Feb 11, 1999
  • Previous Sale Contract Date: Sep 28, 1998
  • Previous Sale Amount: $625,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: BILTMORE FINANCIAL BANCORP INC
  • First Mortgage Transaction Date: May 27, 2009
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2039

    Previous Mortgages

  • Previous Mortgage Lender: FIRST AMERICAN BANK
  • Previous Mortgage Transaction Date: Feb 11, 1999
  • Previous Mortgage Loan Amount: $536,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2029

About Prairie Grove



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Nearby Rentals

Unit for rent at 918 Hobson Drive, Buffalo Grove, IL, 60089

$3,900 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,040 ft²
918 Hobson Drive, Buffalo Grove, IL, 60089 Listing by Nona Lisitza

Frequently Asked Questions

What neighborhood is 2002 Jordan Terrace located in?
The 2002 Jordan Terrace is a located in the neighborhood of Prairie Grove in Prairie Grove, Buffalo Grove.
What is the average sales price for listings in 2002 Jordan Terrace?
The average sales price for units in 2002 Jordan Terrace is $0 currently.

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