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761 Golfview Terrace

761 Golfview Terrace, Buffalo Grove, IL 60089
Property in Wheeling
Sold Feb 02, 2018
$273,000
$250,800 by Amerisave Mortgage Corp
Mortgage Due Dec 01, 2051
Sold Mar 30, 2000
$194,500
$164,900 by Fairfield Svgs Bank Fsb
Mortgage Due Apr 01, 2030
Local assessors in Buffalo Grove, IL have categorized 761 Golfview Terrace as a residential type of property. The home was built in 1967 and is 57 years old. The property's lot size has been calculated to be 7,800 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 650 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. If we look only at the heated or air conditioned part of the building, then 761 Golfview Terrace has a total of 847 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 761 Golfview Terrace sold most recently in Jan 25, 2018 for a total of $273,000. If you work out the math, that's approximately a cost of $322.31 per sqft. Before that, the property was also sold for $194,500 in Mar 24, 2000. 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 $7,698 in taxes each year. 761 Golfview Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $25,000. If we break it down further, the land itself was valued at $7,020. Improvements to the property, however, were assessed at a total of $17,980. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 650
  • Total Building Area: 847
  • Gross Building Area: 847
  • Building Area: 847
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 847
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARLINGTON ADD TO BUFFALO GROVE
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ARLINGTON) ADD TO (BUFFALO)(GROVE) SUB IN SEC 4&5 SEC 05-42-11

Ownership

  • Current Owner : GALLEGO ANGELICA M
  • Current Owner 2: SUMMERS CHARLES T
  • Previous Owner : BAERSON MICHAEL J
  • Previous Owner 2: BAERSON MARY
  • Owner Before Previous Owner: COBB PATRICK J
  • Owner Before Previous Owner 2: COBB HEATHER J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 38
  • Parcel: 03-04-308-004-0000
  • Lot: 137
  • Meridian: SEC 05 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1403
  • Longitude: -87.9657

    Address

  • Full Address: 761 Golfview Ter
  • Address - House Number: 761
  • Address - Street Name: Golfview
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C026
  • 4-Digit Zip Code: 3538
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,698
  • Tax Rate Code Area: 38077

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 341,262
  • High Value: 416,427
  • Low Value: 266,097

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,800
  • First Open Lien Mortgage Lender: AMERISAVE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 14, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $250,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $70,200
  • Market Improvement Value: $179,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $7,020
  • Assessed Improvements Value: $17,980

    Sales

  • Current Sale Contract Date: Jan 25, 2018
  • Current Sale Recording Date: Feb 02, 2018
  • Current Sale Transaction ID: 11387339175
  • Current Sale Price: $273,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1803346258
  • Previous Sale Recording Date: Mar 30, 2000
  • Previous Sale Contract Date: Mar 24, 2000
  • Previous Sale Amount: $194,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Mortgage Transaction Date: Feb 02, 2018
  • First Mortgage Loan Amount: $259,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FAIRFIELD SVGS BANK FSB
  • Previous Mortgage Transaction Date: Mar 30, 2000
  • Previous Mortgage Loan Amount: $164,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2030

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Frequently Asked Questions

What neighborhood is 761 Golfview Terrace located in?
The 761 Golfview Terrace is a located in the neighborhood of Wheeling in Buffalo Grove, Buffalo Grove.
What is the average sales price for listings in 761 Golfview Terrace?
The average sales price for units in 761 Golfview Terrace is $0 currently.

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