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245 Old Oak Drive

245 Old Oak Drive, Buffalo Grove, IL 60089
Property in Wheeling
Sold Sep 27, 2019
$170,000
$144,500 by Crosscountry Mortgage Inc
Mortgage Due Oct 01, 2049
245 Old Oak 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 1989 and is 35 years old. The home has a total of 2 bedrooms. In addition, 245 Old Oak Drive has 1,400 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 219,978 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 245 Old Oak Drive was last sold in Sep 14, 2019 for $170,000. According to our calculations, that's $121.43 per sqft. Current property owners are expected to pay $5,181 in taxes per year. The property on 245 Old Oak Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $22,983. To break that down further, the land itself was valued at $3,401. While improvements to the property were assessed at a total of $19,582. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 2
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 219,978
  • Total Building Area: 1,400
  • Gross Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAS/OAK CRK CONDO
  • Land Acres: 5.05
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : ROZEN RENA
  • Previous Owner : FARRAR MICHAEL B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803013

Geography

  • District: 38
  • Parcel: 03-04-300-033-1012
  • Meridian: SEC 04 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1423
  • Longitude: -87.9624

    Address

  • Full Address: 245 Old Oak Ct W
  • Address - House Number: 245
  • Street Segment Direction: W
  • Address - Street Name: Old Oak
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C043
  • 4-Digit Zip Code: 3658
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,181
  • Tax Rate Code Area: 38077

    Appraisal Valuation

  • Standard Deviation: 0.2023
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 258,893
  • High Value: 311,271
  • Low Value: 206,515

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $144,500
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Sep 27, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $144,500
  • 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: Oct 01, 2049

    Market Valuation

  • Market Total Value: $229,830
  • Market Land Value: $34,010
  • Market Improvement Value: $195,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,983
  • Assessed Land Value: $3,401
  • Assessed Improvements Value: $19,582

    Sales

  • Current Sale Contract Date: Sep 14, 2019
  • Current Sale Recording Date: Sep 27, 2019
  • Current Sale Transaction ID: 11657059023
  • Current Sale Price: $170,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1927049134

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Mortgage Transaction Date: Sep 27, 2019
  • First Mortgage Loan Amount: $144,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Buffalo Grove



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Frequently Asked Questions

What neighborhood is 245 Old Oak Drive located in?
The 245 Old Oak Drive is a located in the neighborhood of Wheeling in Buffalo Grove, Buffalo Grove.
What is the average sales price for listings in 245 Old Oak Drive?
The average sales price for units in 245 Old Oak Drive is $0 currently.

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