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420 Castlewood Lane

420 Castlewood Lane, Buffalo Grove, IL 60089
Sold Jul 24, 2020
$265,000
$251,750 by Draper & Kramer Mortgage Corp
Mortgage Due Aug 01, 2050
Sold Feb 16, 2005
$269,000
$215,200 by Alliance Financing Mortgage Co
Mortgage Due Feb 01, 2035
420 Castlewood Lane in Buffalo Grove, IL was first built in 1970 and is 54 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 420 Castlewood Lane has 1,176 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 9,614 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a municipal system. For those who need parking, there is a attached garage. The garage is 364 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C+. 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, 420 Castlewood Lane was last sold in Jul 6, 2020 for $265,000. According to our calculations, that's $172.08 per sqft. Prior to that sales transaction, the property was sold for $269,000 in Feb 1, 2005. Current property owners are expected to pay $9,045 in taxes per year. The property on 420 Castlewood Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $98,401. To break that down further, the land itself was valued at $35,893. While improvements to the property were assessed at a total of $62,508. 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. 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.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: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 364
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,614
  • Total Building Area: 1,540
  • Gross Building Area: 1,540
  • Building Area: 1,176
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,176
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STRATHMORE IN BUFFALO GROVE UNIT 5
  • Land Acres: 0.221
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STRATHMORE IN BUFFALO GROVE UNIT 5 LOT 3 BLOCK 5

Ownership

  • Current Owner : BATJUKS ZANS
  • Current Owner 2: BATJUKS MAGBA
  • Previous Owner : PARK DAVID
  • Previous Owner 2: PARK JIN S
  • Owner Before Previous Owner: PALMER BRIAN T
  • Owner Before Previous Owner 2: PALMER KAREN M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

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

Geography

  • District: VERNON
  • Parcel: 15-32-112-015
  • Block: 5
  • Lot: 3
  • Municipality: TWP OF VERNON
  • Latitude: 42.1614
  • Longitude: -87.9788

    Address

  • Full Address: 420 Castlewood Ln
  • Legal Unit: 5
  • Address - House Number: 420
  • Address - Street Name: Castlewood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C055
  • 4-Digit Zip Code: 1616
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,045
  • Tax Rate Code Area: 16094

    Appraisal Valuation

  • Standard Deviation: 0.1492
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 354,688
  • High Value: 407,625
  • Low Value: 301,751

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $251,750
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 24, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $251,750
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $295,233
  • Market Land Value: $107,690
  • Market Improvement Value: $187,543

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $98,401
  • Assessed Land Value: $35,893
  • Assessed Improvements Value: $62,508

    Sales

  • Current Sale Contract Date: Jul 06, 2020
  • Current Sale Recording Date: Jul 24, 2020
  • Current Sale Transaction ID: 11775307234
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7676883
  • Previous Sale Recording Date: Feb 16, 2005
  • Previous Sale Contract Date: Feb 01, 2005
  • Previous Sale Amount: $269,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 24, 2020
  • First Mortgage Loan Amount: $251,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ALLIANCE FINANCING MORTGAGE CO
  • Previous Mortgage Transaction Date: Feb 16, 2005
  • Previous Mortgage Loan Amount: $215,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 01, 2035

About Buffalo Grove



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Frequently Asked Questions

What neighborhood is 420 Castlewood Lane located in?
The 420 Castlewood 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 420 Castlewood Lane?
The average sales price for units in 420 Castlewood Lane is $0 currently.

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