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550 Lasalle Court

550 Lasalle Court, Buffalo Grove, IL 60089
Sold Sep 10, 2020
$270,000
$240,000 by Interfirst Mortgage Company
Mortgage Due Feb 01, 2052
Sold Oct 29, 2008
$277,500
$222,000 by Key Mortgage Services Inc
Mortgage Due Nov 01, 2038
550 Lasalle Court in Buffalo Grove, IL was first built in 1986 and is 38 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. 550 Lasalle Court has 1,586 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 5,358 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 441 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. 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, 550 Lasalle Court was last sold in Aug 23, 2020 for $270,000. According to our calculations, that's $133.20 per sqft. Prior to that sales transaction, the property was sold for $277,500 in Oct 24, 2008. Current property owners are expected to pay $10,279 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 550 Lasalle Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $101,930. To break that down further, the land itself was valued at $24,607. While improvements to the property were assessed at a total of $77,323. 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. 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.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: 1986
  • Effective Year Built: 1986
  • 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 Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,358
  • Total Building Area: 2,027
  • Gross Building Area: 2,027
  • Building Area: 1,586
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,586
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE VILLAS OF BUFFALO CREEK UNIT TWO
  • Land Acres: 0.123
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE VILLAS OF BUFFALO CREEK UNIT TWO LOT 143

Ownership

  • Current Owner : KATZ MENACHEM MENDEL
  • Previous Owner : PATEL RAHUL
  • Previous Owner 2: PATEL ANJANA
  • Owner Before Previous Owner: HANLEY THOMAS H
  • Owner Before Previous Owner 2: THOMAS H HANLEY TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 2701-C5
  • District: VERNON
  • Parcel: 15-29-216-030
  • Lot: 143
  • Municipality: TWP OF VERNON
  • Latitude: 42.1806
  • Longitude: -87.9696

    Address

  • Full Address: 550 Lasalle Ct
  • Legal Unit: 2
  • Address - House Number: 550
  • Address - Street Name: Lasalle
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C023
  • 4-Digit Zip Code: 1043
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,279
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 16094

    Appraisal Valuation

  • Standard Deviation: 0.1673
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 389,540
  • High Value: 454,728
  • Low Value: 324,353

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: INTERFIRST MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Feb 15, 2022
  • First Open Lien Mortgage Loan Amount: $240,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $305,820
  • Market Land Value: $73,828
  • Market Improvement Value: $231,992

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,930
  • Assessed Land Value: $24,607
  • Assessed Improvements Value: $77,323

    Sales

  • Current Sale Contract Date: Aug 23, 2020
  • Current Sale Recording Date: Sep 10, 2020
  • Current Sale Transaction ID: 11787978052
  • Current Sale Price: $270,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7693041
  • Previous Sale Recording Date: Oct 29, 2008
  • Previous Sale Contract Date: Oct 24, 2008
  • Previous Sale Amount: $277,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: M I E FINANCIAL INC
  • First Mortgage Transaction Date: Sep 10, 2020
  • First Mortgage Loan Amount: $243,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: KEY MORTGAGE SERVICES INC
  • Previous Mortgage Transaction Date: Oct 29, 2008
  • Previous Mortgage Loan Amount: $222,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2038

About The Villas of Buffalo Creek



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Frequently Asked Questions

What neighborhood is 550 Lasalle Court located in?
The 550 Lasalle Court is a located in the neighborhood of The Villas of Buffalo Creek in The Villas of Buffalo Creek, Buffalo Grove.
What is the average sales price for listings in 550 Lasalle Court?
The average sales price for units in 550 Lasalle Court is $0 currently.

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