Check Availability

700 Indian Spring Lane

700 Indian Spring Lane, Buffalo Grove, IL 60089
Sold Aug 25, 2016
$368,000
$200,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2031
Sold Oct 15, 2004
$385,000
$308,000 by American Home Mortgage Accepta
Mortgage Due Oct 01, 2034
700 Indian Spring Lane 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 1970 and is 54 years old. However, we must point out that the home was most recently renovated and altered in 1972. 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, 700 Indian Spring Lane has 2,536 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 8,773 square feet.

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. The garage measured 440 sqft. 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. 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 inside of the home is being cooled with central air conditioning at the moment. There is a single fireplace in the home. Perfect for those wintery 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, 700 Indian Spring Lane was last sold in Aug 24, 2016 for $368,000. According to our calculations, that's $123.66 per sqft. Prior to that sales transaction, the property was sold for $385,000 in Aug 31, 2004. Current property owners are expected to pay $13,377 in taxes per year. The property on 700 Indian Spring Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $138,856. To break that down further, the land itself was valued at $32,049. While improvements to the property were assessed at a total of $106,807. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1970
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,773
  • Total Building Area: 2,976
  • Gross Building Area: 2,976
  • Building Area: 2,536
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,536
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STRATHMORE IN BUFFALO GROVE UNIT 9
  • Land Acres: 0.201
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STRATHMORE IN BUFFALO GROVE UNIT 9; LOT 10 BLOCK 18

Ownership

  • Current Owner : DISCEKICI HALUK
  • Current Owner 2: DISCEKICI YASUKO
  • Previous Owner : SCHROEDER JAMES C
  • Previous Owner 2: SCHROEDER EVA M
  • Owner Before Previous Owner: KARABATSOS PETER T
  • Owner Before Previous Owner 2: KARABATSOS CAROLYN T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Kildeer Countryside Community Consolidated School District 96
  • Census Tract: 864516

Geography

  • Assessors Map Reference: 2701-B7
  • District: VERNON
  • Parcel: 15-32-104-008
  • Block: 18
  • Lot: 10
  • Municipality: TWP OF VERNON
  • Latitude: 42.1665
  • Longitude: -87.9791

    Address

  • Full Address: 700 Indian Spring Ln
  • Legal Unit: 9
  • Address - House Number: 700
  • Address - Street Name: Indian Spring
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C019
  • 4-Digit Zip Code: 1404
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,377
  • Tax Rate Code Area: 16094

    Appraisal Valuation

  • Standard Deviation: 0.166
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 532,525
  • High Value: 620,956
  • Low Value: 444,093

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 25, 2016
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2031

    Market Valuation

  • Market Total Value: $416,610
  • Market Land Value: $96,157
  • Market Improvement Value: $320,453

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,856
  • Assessed Land Value: $32,049
  • Assessed Improvements Value: $106,807

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 24, 2016
  • Current Sale Recording Date: Aug 25, 2016
  • Current Sale Transaction ID: 1796013838
  • Current Sale Price: $368,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 7322465
  • Previous Sale Recording Date: Oct 15, 2004
  • Previous Sale Contract Date: Aug 31, 2004
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 25, 2016
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2031

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN HOME MORTGAGE ACCEPTA
  • Previous Mortgage Transaction Date: Oct 15, 2004
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $308,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2034

About Buffalo Grove



Similar Buildings

Property at 700 Indian Spring Lane,

1130 Brandywyn Court

  • 1 Unit for Sale
  • 3 Stories
1130 Brandywyn Court, Buffalo Grove, IL 60089 House in Strathmore in Buffalo Grove
Property at 700 Indian Spring Lane,

1191 Ranchview Court

  • 1 Unit for Sale
  • 1 Story
1191 Ranchview Court, Buffalo Grove, IL 60089 Townhouse in Strathmore in Buffalo Grove
Property at 700 Indian Spring Lane,

1263 Ranchview Court

  • 1 Unit for Sale
  • 1 Story
1263 Ranchview Court, Buffalo Grove, IL 60089 House in Strathmore in Buffalo Grove
Property at 700 Indian Spring Lane,

1245 Dayton Road

  • 1 Unit for Sale
  • 2 Stories
1245 Dayton Road, Buffalo Grove, IL 60089 House in Strathmore in Buffalo Grove
Property at 700 Indian Spring Lane,

1116 Courtland Drive

  • 1 Unit for Sale
1116 Courtland Drive, Buffalo Grove, IL 60089 House in Strathmore in Buffalo Grove
Property at 700 Indian Spring Lane,

1146 Courtland Drive

  • 1 Unit for Sale
  • 1 Story
1146 Courtland Drive, Buffalo Grove, IL 60089 House in Strathmore in Buffalo Grove
Property at 700 Indian Spring Lane,

402 Chateau Drive

  • 1 Unit for Sale
  • 2 Stories
402 Chateau Drive, Buffalo Grove, IL 60089 House in Strathmore in Buffalo Grove
Property at 700 Indian Spring Lane,

1431 McHenry Road

  • 1 Unit for Sale
1431 McHenry Road, Buffalo Grove, IL 60089 Commercial in Strathmore in Buffalo Grove
Property at 700 Indian Spring Lane,

525 Lasalle Lane

  • 1 Unit for Sale
  • 2 Stories
525 Lasalle Lane, Buffalo Grove, IL 60089 Multifamily in Strathmore in Buffalo Grove

Nearby Rentals

Unit for rent at 413 Hazelwood Terrace, Buffalo Grove, IL, 60089

$3,150 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,624 ft²
413 Hazelwood Terrace, Buffalo Grove, IL, 60089 Listing by Nataliya Gorenyuk
Unit for rent at 1005 Alden Lane, Buffalo Grove, IL, 60089

$2,900 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,136 ft²
1005 Alden Lane, Buffalo Grove, IL, 60089 Listing by Hongmei Shi
Unit for rent at 20772 N Elizabeth Avenue, Prairie View, IL, 60069

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,364 ft²
20772 N Elizabeth Avenue, Prairie View, IL, 60069 Listing by Vaseekaran Janarthanam

Frequently Asked Questions

What neighborhood is 700 Indian Spring Lane located in?
The 700 Indian Spring Lane is a located in the neighborhood of Strathmore in Buffalo Grove in Buffalo Grove, Buffalo Grove.
What is the average sales price for listings in 700 Indian Spring Lane?
The average sales price for units in 700 Indian Spring Lane is $0 currently.

Quantcast