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565 Beechwood Road

565 Beechwood Road, Buffalo Grove, IL 60089
Property in Wheeling
Sold Mar 05, 2021
$350,000
$315,000 by Guaranteed Rate Inc
Mortgage Due Feb 01, 2051
Sold Apr 22, 2014
$340,000
$272,000 by Guaranteed Rate Inc
Mortgage Due May 01, 2044
565 Beechwood Road has been categorized by the local assessors in Buffalo Grove, IL as a residential type of property. The building on the property was first built in 1971 and is 53 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 565 Beechwood Road has 2,045 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,315 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 565 Beechwood Road sold most recently in Jan 27, 2021 for a total of $350,000. If you work out the math, that's approximately a cost of $171.15 per sqft. Before that, the property was also sold for $340,000 in Apr 16, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,032 in taxes each year. 565 Beechwood Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $36,001. If we break it down further, the land itself was valued at $8,384. Improvements to the property, however, were assessed at a total of $27,617. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,315
  • Total Building Area: 2,045
  • Gross Building Area: 2,045
  • Building Area: 2,045
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,045
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ARLINGTON HILLS IN BUFFALO
  • Land Acres: 0.214
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ARLINGTON) (HILLS) IN (BUFFALO) GROVE SUB IN SECS5 & SEC 06-42-11

Ownership

  • Current Owner : SIPE TIMOTHY J
  • Previous Owner : BALTRUSAITIS MILES
  • Previous Owner 2: BALTRUSAITIS HEATHER
  • Owner Before Previous Owner: HIRSCH MARLENE S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 38
  • Parcel: 03-05-307-015-0000
  • Lot: 261
  • Meridian: SEC 06 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.144
  • Longitude: -87.9757

    Address

  • Full Address: 565 Beechwood Rd
  • Address - House Number: 565
  • Address - Street Name: Beechwood
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C050
  • 4-Digit Zip Code: 3333
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,032
  • Tax Rate Code Area: 38077

    Appraisal Valuation

  • Standard Deviation: 0.218
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 440,403
  • High Value: 536,419
  • Low Value: 344,387

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Mar 05, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $315,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $360,010
  • Market Land Value: $83,840
  • Market Improvement Value: $276,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,001
  • Assessed Land Value: $8,384
  • Assessed Improvements Value: $27,617

    Sales

  • Current Sale Contract Date: Jan 27, 2021
  • Current Sale Recording Date: Mar 05, 2021
  • Current Sale Transaction ID: 11824043553
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2106421233
  • Previous Sale Recording Date: Apr 22, 2014
  • Previous Sale Contract Date: Apr 16, 2014
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Mar 05, 2021
  • First Mortgage Loan Amount: $315,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Apr 22, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $272,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2044

About Buffalo Grove



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Frequently Asked Questions

What neighborhood is 565 Beechwood Road located in?
The 565 Beechwood Road is a located in the neighborhood of Wheeling in Buffalo Grove, Buffalo Grove.
What is the average sales price for listings in 565 Beechwood Road?
The average sales price for units in 565 Beechwood Road is $0 currently.

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