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525 Caren Drive

525 Caren Drive, Buffalo Grove, IL 60089
Property in Green Knolls
Sold May 10, 2023
$525,500
$472,500 by Wintrust Mortgage
Mortgage Due Jun 01, 2053
Sold Jul 14, 2014
$312,450
$302,021 by Quicken Loans Inc
Mortgage Due Aug 01, 2044
525 Caren Drive in Buffalo Grove, IL was first built in 1979 and is 45 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 3 full bathrooms. There are 4 partial bathrooms. 525 Caren Drive has 2,648 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 800 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 11,313 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 440 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 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. 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. 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, 525 Caren Drive was last sold in Apr 26, 2023 for $525,500. According to our calculations, that's $159.82 per sqft. Prior to that sales transaction, the property was sold for $312,450 in Jun 17, 2014. Current property owners are expected to pay $13,918 in taxes per year. The property on 525 Caren Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $155,418. To break that down further, the land itself was valued at $36,153. While improvements to the property were assessed at a total of $119,265. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C+
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 800
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,313
  • Total Building Area: 3,288
  • Gross Building Area: 3,288
  • Building Area: 2,648
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,648
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREEN KNOLLS UNIT NO.3
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GREEN KNOLLS UNIT NO.3; LOT 283

Ownership

  • Current Owner : SOSSIN KAREN
  • Current Owner 2: SOSSIN JUSTIN
  • Previous Owner : KAPLAN JEFFREY
  • Owner Before Previous Owner: REKOSKE MARK A
  • Owner Before Previous Owner 2: REKOSKE MARSHA J
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Kildeer Countryside Community Consolidated School District 96
  • Census Tract: 864518

Geography

  • Assessors Map Reference: 2701-C5
  • District: VERNON
  • Parcel: 15-29-209-023
  • Lot: 283
  • Municipality: TWP OF VERNON
  • Latitude: 42.1784
  • Longitude: -87.9695

    Address

  • Full Address: 525 Caren Dr
  • Legal Unit: 3
  • Address - House Number: 525
  • Address - Street Name: Caren
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C023
  • 4-Digit Zip Code: 1023
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,918
  • Tax Rate Code Area: 16094

    Appraisal Valuation

  • Standard Deviation: 0.1461
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 543,716
  • High Value: 623,155
  • Low Value: 464,277

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $472,500
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: May 10, 2023
  • First Open Lien Mortgage Loan Amount: $472,500
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $466,301
  • Market Land Value: $108,470
  • Market Improvement Value: $357,831

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,418
  • Assessed Land Value: $36,153
  • Assessed Improvements Value: $119,265

    Sales

  • Current Sale Contract Date: Apr 26, 2023
  • Current Sale Recording Date: May 10, 2023
  • Current Sale Transaction ID: 11906326963
  • Current Sale Price: $525,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7972535
  • Previous Sale Recording Date: Jul 14, 2014
  • Previous Sale Contract Date: Jun 17, 2014
  • Previous Sale Amount: $312,450
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: May 10, 2023
  • First Mortgage Loan Amount: $472,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Jul 14, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $302,021
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2044

About Green Knolls



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Frequently Asked Questions

What neighborhood is 525 Caren Drive located in?
The 525 Caren Drive is a located in the neighborhood of Green Knolls in Green Knolls, Buffalo Grove.
What is the average sales price for listings in 525 Caren Drive?
The average sales price for units in 525 Caren Drive is $0 currently.

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