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512 Cherbourg Drive

512 Cherbourg Drive, Buffalo Grove, IL 60089
Property in Cherbourg
Sold May 20, 2015
$280,000
$252,000 by Interbank Mortgage Co
Mortgage Due Jun 01, 2045
Sold Aug 11, 2014
Transfer
512 Cherbourg Drive in Buffalo Grove, IL was first built in 1988 and is 36 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. 512 Cherbourg Drive has 2,405 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. The basement is 758 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 3,058 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Mar 19, 2015 for $280,000. That's $93.52 per sqft. 512 Cherbourg Drive was last assessed in 2023. The total value of the property was assessed at $111,209. Specifically, the land the property is located on was valued at $31,045. While improvements on the property were assessed at a total of $80,164. 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 $10,740. 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. 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: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 758
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,058
  • Total Building Area: 2,994
  • Gross Building Area: 2,994
  • Building Area: 2,405
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,405
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHERBOURG UNIT 1 RESUBDIVISION NO.2
  • Land Acres: 0.7
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHERBOURG UNIT 1 RESUBDIVISION NO.2; LOT 2

Ownership

  • Current Owner : RAMA SUBRAMANYAM PENTAPATI MARUTHI
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: BARSHAK LENA
  • Owner Before Previous Owner 2: BANK OF AMERICA NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Adlai E. Stevenson High School District 125
  • Census Tract: 864519

Geography

  • District: VERNON
  • Parcel: 15-33-112-031
  • Lot: 2
  • Municipality: TWP OF VERNON
  • Latitude: 42.1628
  • Longitude: -87.9631

    Address

  • Full Address: 512 Cherbourg Dr
  • Legal Unit: 1
  • Address - House Number: 512
  • Address - Street Name: Cherbourg
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C042
  • 4-Digit Zip Code: 7715
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,740
  • Tax Rate Code Area: 16095

    Appraisal Valuation

  • Standard Deviation: 0.1492
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 423,502
  • High Value: 486,709
  • Low Value: 360,295

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,000
  • First Open Lien Mortgage Lender: INTERBANK MORTGAGE CO
  • First Open Lien Mortgage Recording Date: May 20, 2015
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $252,000
  • 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: Jun 01, 2045

    Market Valuation

  • Market Total Value: $333,660
  • Market Land Value: $93,144
  • Market Improvement Value: $240,516

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $111,209
  • Assessed Land Value: $31,045
  • Assessed Improvements Value: $80,164

    Sales

  • Current Sale Contract Date: Mar 19, 2015
  • Current Sale Recording Date: May 20, 2015
  • Current Sale Transaction ID: 1213308387
  • Current Sale Price: $280,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 7195861
  • Previous Sale Recording Date: Aug 11, 2014
  • Previous Sale Contract Date: Jun 02, 2014
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTERBANK MORTGAGE CO
  • First Mortgage Transaction Date: May 20, 2015
  • First Mortgage Loan Amount: $252,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2045

    Financing

  • First Mortgage Financing Type: Unknown

About Cherbourg



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Frequently Asked Questions

What neighborhood is 512 Cherbourg Drive located in?
The 512 Cherbourg Drive is a located in the neighborhood of Cherbourg in Cherbourg, Buffalo Grove.
What is the average sales price for listings in 512 Cherbourg Drive?
The average sales price for units in 512 Cherbourg Drive is $0 currently.

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