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Buffalo Grove 60089
525 Mayfair Lane
$515,000
● House - Off Market

525 Mayfair Lane

Buffalo Grove, IL 60089
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,500 Ft²
$542,701
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Welcome to the Windsor Ridge Subdivision. This one-of-a-kind Norwood Model with a cozy front porch was built by Lexington Homes and has been lovingly maintained by its original homeowner. A highly desirable 4 bed and 2.1 bath home with an open floor plan is awaiting you. In addition, the sunroom complete with four skylights only enhances the open floor plan. Continuing the airiness feeling is the two-story foyer that leads into the living room with vaulted ceilings as well as into the dining room. The first floor is flooded with natural light coming in from the many large windows. The eat-in kitchen offers granite countertops and stainless appliances with a planning desk for keeping the family organized and opens to the spacious family room. The all-season sunroom overlooks patio and professionally manicured yard. Upstairs offers the primary bedroom and ensuite with vaulted ceilings, double vanity, a soaking tub, and a separate shower and water closet. Three additional spacious bedrooms share a hallway bathroom with ceiling fans and spacious closets. Plenty of room on the lower level with a recreation room, a bonus room that could be used as an office, playroom, or exercise room, and a utility or storage room.  In November 2021, a new roof, siding and gutters were installed. Newer furnace, A/C, and Humidifier.  You can't beat this location with its proximity to restaurants, shopping, highly rated schools, and transportation that includes 2 Metra stations, 53, 294 & 94 expressways.
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$210
Property Type
House
Property Taxes
$959
HOA Dues
-
Year Built
1989

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Last updated: 3 years ago (MRED MLS #11446899)

Price History

Date / Event Date Event Price
Aug 12, 2022 Sold
Sold
Jun 25, 2022 Listed by @properties Christie's International Real Estate $524,900
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,750
  • Total Building Area: 2,278
  • Gross Building Area: 2,278
  • Building Area: 2,278
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,278
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINDSOR RIDGE UNIT2
  • Land Acres: 0000000201
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (WINDSOR) (RIDGE) (UNIT2) BNG A SUB OF PT OF THE SE SEC 05-42-11

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803013

Geography

  • District: 38
  • Parcel: 03-05-408-017-0000
  • Block: 3
  • Lot: 3
  • Meridian: SEC 05 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1451
  • Longitude: -87.969

    Address

  • Full Address: 525 Mayfair Ln
  • Legal Unit: 2
  • Address - House Number: 525
  • Address - Street Name: Mayfair
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C065
  • 4-Digit Zip Code: 3468
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,126,376
  • Tax Rate Code Area: 38077

    Appraisal Valuation

  • Standard Deviation: 0.2158
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 510,163
  • High Value: 620,303
  • Low Value: 400,023

    Market Valuation

  • Market Total Value: $400,000
  • Market Land Value: $105,000
  • Market Improvement Value: $295,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,000
  • Assessed Land Value: $10,500
  • Assessed Improvements Value: $29,500

    Sales

  • Current Sale Contract Date: Aug 04, 2022
  • Current Sale Recording Date: Sep 08, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 21291
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Buffalo Grove


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Nearby Rentals

Unit for rent at 250 Mchenry Road, IL, 60089

$4,088 /mo

  • 3 Beds
  • 2 Baths
  • 1,700 ft²
250 Mchenry Road #C1, IL, 60089 Listing by Sherry Mustafov
Unit for rent at 750 Dunhill Drive, Buffalo Grove, IL, 60089

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,518 ft²
750 Dunhill Drive, Buffalo Grove, IL, 60089 Listing by Vijay Ghuge


Frequently Asked Questions

When was property at 525 Mayfair Lane built and last sold?
The property at 525 Mayfair Lane was built in 1989 and last sold on Aug 4, 2022 for $515,000.
How much is this home worth?
The estimated value of the home located at 525 Mayfair Lane is $0.
What are some comparable homes to 525 Mayfair Lane?
There are currently no comparable homes to 525 Mayfair Lane.