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2551 Waterbury Lane

2551 Waterbury Lane, Buffalo Grove, IL 60089
Property in Waterbury Place
Sold Aug 09, 2017
$322,500
$258,000 by Mb Financial Bank Na
Mortgage Due Sep 01, 2047
Sold Dec 08, 2006
$366,500
$292,000 by Lake Forest Bank & Trust Co
Mortgage Due Nov 01, 2036
2551 Waterbury Lane in Buffalo Grove, IL was first built in 2007 and is 17 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2551 Waterbury Lane has 1,460 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,416 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a attached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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, 2551 Waterbury Lane was last sold in Jul 17, 2017 for $322,500. According to our calculations, that's $173.39 per sqft. Prior to that sales transaction, the property was sold for $366,500 in Nov 1, 2006. Current property owners are expected to pay $9,067 in taxes per year. The property on 2551 Waterbury Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $106,260. To break that down further, the land itself was valued at $27,653. While improvements to the property were assessed at a total of $78,607. 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: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,416
  • Total Building Area: 1,860
  • Gross Building Area: 1,860
  • Building Area: 1,460
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,460
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WATERBURY PLACE SUBDIVISION
  • Land Acres: 0.033
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WATERBURY PLACE SUBDIVISION; NWLY 20.08 SELY 110.78 OF LOT 28

Ownership

  • Current Owner : ADEWAR SHARDA
  • Previous Owner : L3 HOLDINGS LLC THE 2551 WATERBURY SERIE
  • Owner Before Previous Owner: WATERBURY PLACE VENTURE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincolnshire-Prairieview School District 103
  • Census Tract: 864521

Geography

  • Assessors Map Reference: 2701-D3
  • District: VERNON
  • Parcel: 15-21-219-027
  • Lot: 28
  • Municipality: TWP OF VERNON
  • Latitude: 42.1949
  • Longitude: -87.9536

    Address

  • Full Address: 2551 Waterbury Ln
  • Address - House Number: 2551
  • Address - Street Name: Waterbury
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: R005
  • 4-Digit Zip Code: 6891
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,067
  • Tax Rate Code Area: 16138

    Appraisal Valuation

  • Standard Deviation: 0.166
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 426,464
  • High Value: 497,283
  • Low Value: 355,645

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $258,000
  • First Open Lien Mortgage Lender: MB FINANCIAL BANK NA
  • First Open Lien Mortgage Recording Date: Aug 09, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $258,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2047

    Market Valuation

  • Market Total Value: $318,812
  • Market Land Value: $82,967
  • Market Improvement Value: $235,845

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,260
  • Assessed Land Value: $27,653
  • Assessed Improvements Value: $78,607

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 17, 2017
  • Current Sale Recording Date: Aug 09, 2017
  • Current Sale Transaction ID: 1732312018
  • Current Sale Price: $322,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7418285
  • Previous Sale Recording Date: Dec 08, 2006
  • Previous Sale Contract Date: Nov 01, 2006
  • Previous Sale Amount: $366,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MB FINANCIAL BANK NA
  • First Mortgage Transaction Date: Aug 09, 2017
  • First Mortgage Loan Amount: $258,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Sep 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: LAKE FOREST BANK & TRUST CO
  • Previous Mortgage Transaction Date: Dec 08, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $292,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2036

About Waterbury Place



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Nearby Rentals

Unit for rent at 1146 Courtland Drive, Buffalo Grove, IL, 60089

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,154 ft²
1146 Courtland Drive #1146, Buffalo Grove, IL, 60089 Listing by Lalit Jagtap

Frequently Asked Questions

What neighborhood is 2551 Waterbury Lane located in?
The 2551 Waterbury Lane is a located in the neighborhood of Waterbury Place in Waterbury Place, Buffalo Grove.
What is the average sales price for listings in 2551 Waterbury Lane?
The average sales price for units in 2551 Waterbury Lane is $0 currently.

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