When was property at 505 Lyon Drive built and last sold?

The property at 505 Lyon Drive was built in 1984 and last sold on Aug 26, 2020 for $253,000.

How much is this home worth?

The estimated value of the home located at 505 Lyon Drive is $0.

What are some comparable homes to 505 Lyon Drive?

There are currently no comparable homes to 505 Lyon Drive.

Buffalo Grove

60089

The Villas of Buffalo Creek

505 Lyon Drive

$357,000

● House - Off Market

505 Lyon Drive

Buffalo Grove, IL 60089

3 Beds

2 Baths

1,243 Ft²

$2,473

Est. Monthly

8.41%

Cap Rate

About This Property

Rare 3-Bedroom, 2-Bath Duplex in the Award-Winning Stevenson High School District - No HOA! Move right into this updated home featuring an open, contemporary floor plan with vaulted ceilings and a cozy brick fireplace. Freshly painted throughout, the home boasts newer wood laminate flooring in the living and dining areas as well as all three bedrooms. The kitchen is a standout with 42" cabinets, granite countertops, stylish backsplash, updated faucet, garbage disposal, and durable porcelain tile floors extending into the eat-in area. Sliding doors lead to a private backyard with a freshly repainted wood deck-perfect for relaxing or entertaining. All kitchen appliances and washer/dryer are included. Enjoy the convenience of a prime location with easy access to shopping, dining, top-rated schools, Metra, and major highways. Don't miss this rare opportunity-schedule your showing today!

Unit Size

1,243 Ft²

Days on Market

Land Size

Price per sqft

$278

Property Type

House

Property Taxes

$778

HOA Dues

Year Built

1984

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Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1984

Effective Year Built: 1984
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 4
Construction Type: 0
Building Style: 31
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 220
Parking Space Count: 1
Patio Type: 69
Porch Type: 102
Pool Type: 0

Dimensions

Lot Size Square Feet: 48,452

Total Building Area: 1,463
Gross Building Area: 1,463
Building Area: 1,243
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 0
Heated Square Feet: 1,243
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: THE VILLAS OF BUFFALO CREEK UNIT TWO
Land Acres: 0000001112
Standard Land Use Code: 1001
County Land Use Code: 40
Legal Description 1: THE VILLAS OF BUFFALO CREEK UNIT TWO LOT 172

Neighborhood

School District Name: Kildeer Countryside Community Consolidated School District 96

Census Tract: 864518

Geography

District: VERNON

Parcel: 15-29-216-024
Lot: 172
Municipality: TWP OF VERNON
Latitude: 42.1799
Longitude: -87.9682

Address

Full Address: 505 Lyon Dr

Legal Unit: 2
Address - House Number: 505
Address - Street Name: Lyon
Address - Suffix Type: Dr
State: IL
City Name: Buffalo Grove
Carrier Code: C023
4-Digit Zip Code: 1044
Zip Code: 60089

Valuation

Tax

Tax Year: 2022

Tax Amount: $900,730
Tax Rate Code Area: 16094

Appraisal Valuation

Standard Deviation: 0.1492

Valuation Date: Feb 28, 2024
Confidence Score: 81
Final Value: 345,843
High Value: 397,459
Low Value: 294,226

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $273,193

Market Land Value: $87,174
Market Improvement Value: $186,019

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $91,055
Assessed Land Value: $29,055
Assessed Improvements Value: $62,000

Sales

Current Sale Contract Date: Aug 26, 2020

Current Sale Recording Date: Oct 30, 2020
Current Sale Price:

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Current Sale Document Type: 71
Current Sale Input Document Number: 7711157
Previous Sale Recording Date: Sep 08, 2003
Previous Sale Contract Date: Aug 15, 2003
Previous Sale Amount: $235,000
Previous Sale Document Type: 71

Last Sale Mortgage

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Financing

First Mortgage Financing Type: UNK

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About The Villas of Buffalo Creek

Stats & Trends

Median Asking:

$385,500

Sale Price/ft²

$337

Above Asking

0.00%

Average Days on Market

Average Home Size

1243 ft²

Average Home Age

42 years

Currently For Sale

1 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$3,200 /mo

3 Beds
2 Baths
1,855 ft²

920 Chaucer Way, Buffalo Grove, IL, 60089 Listing by Kasia Zajac

Unit for rent at 250 Mchenry Road, Buffalo Grove, IL, 60089

$3,013 /mo

2 Beds
2 Baths
1,637 ft²

250 Mchenry Road #B1, Buffalo Grove, IL, 60089 Listing by Sherry Mustafov

Unit for rent at 5 Middlesex Court, Lincolnshire, IL, 60069

$3,500 /mo

3 Beds
2 Baths
2,175 ft²

5 Middlesex Court, Lincolnshire, IL, 60069 Listing by Tiho Mojsic

Rentals Near You

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Listed by: Gary Aver, Realta Real Estate
Data Source: MRED, MLS# MRD12423315

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

505 Lyon Drive

About This Property

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About The Villas of Buffalo Creek

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions