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Backup Offers

507 Park View Ter Unit 507, Buffalo Grove, IL, 60089

$299,950

Home List Price

$3,562*

Closing Credit

2 Bedrooms
2 Full Baths
1,250 SqFt
$240/SqFt
Condo
Schools Nearby

Location

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507 Park View Ter Unit 507, Buffalo Grove$299,950

Buyer Closing Credits

$3,562*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Attached Garage1 space
Year Built1986
HeatingNatural Gas, Forced Air
CoolingCentral Air
FireplaceGas Log, Gas Starter
MLS #12025964
StatusAccepting Backup Offers
(Contingent)

About 507 Park View Ter Unit 507

Corner unit. Ultimate in privacy & no stairs! This Ashley Model home is the largest 2 bedroom/2 bath and was totally rehabbed throughout! Upon entering you will be amazed at how it feels like a single family with your street-level, private entrance & corner views with minimal shared walls! From the gleaming flooring to the quality of the cabinetry and raised vanities in each bathroom, no expense has been spared. Plus, the home features amazing vaulted ceilings w/large skylights that cascade the rooms with great light & energy. Want it dark for movie time? No problem - the skylights have remote control blinds. The gourmet kitchen boasts high-end stainless appliances, solid upgraded cherry cabinets, tiled backsplash & granite countertops. In the living room you will find an upgraded gas fireplace with gas logs and a remote control & amazing ceiling height. The bedrooms are large and can fit king beds. The laundry room houses a newer "sidekick" upgraded pedestal washer & dryer. The full bathrooms are stunning and feature Kohler toilets (1 w/no touch flush), custom tilework & raised stylish vanities. Plus, enjoy a large private patio that is perfect for a glass of wine or coffee. The garage boasts a professional sealed floor and multiple generous, storage areas. All windows have been replaced as well as the sliding glass door in the kitchen. Great storage thru-out. Minutes to award-winning schools, shopping, restaurants, golf, etc. Parking for up to 3 cars & newer/upgraded mechanicals! Great 100% owner occupied community. Pride in ownership here. This is truly is a must see & move-in ready! Rentals are not allowed.

Property Details

Property Features

Property Information:

  • Year Built: 1986
  • Stories: 1
  • Living Area: 1,250 SqFt

Listing Office:

  • Office Name: Baird & Warner
  • Office Phone: (847) 381-1855
  • Listing Agent: Brian Ban

Interior Features

Interior Information:

  • Basement: No
  • Interior: Vaulted/Cathedral Ceilings, Skylight(s), Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan, Granite Counters
  • Fireplace: Gas Log, Gas Starter

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Patio, Storms/Screens, End Unit, Cable Access

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Landscaped, Trees, Sidewalk

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Buffalo Grove High School, Public District Grades 9-12
  • Jack London Middle School, Public District Grades 6-8
  • J W Riley Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Dundee to Golf View Terrace,(south) on Golfview Terrace, (west) on Park View Terrace... to home. Private entrance & no stairs.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,950
  • Price Per SqFt: $240/SqFt

HOA Fees:

  • Amount: $287
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Buffalo Grove, IL.

Med. Sold Price

$383.5K

Med. Price/SqFt

$217

Avg. Days On Market

20

# of Sold Homes

55

507 Park View Ter Unit 507 vs Buffalo Grove

10 DAYS ON ROCKET

-10 Days

$299,950

-$83.5K Less

$240/SqFt

+$23 More

KEY TAKEAWAY

This property is $83.5K less than the Median Sold Price and $23/SqFt more than other homes in Buffalo Grove, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12025964

Listing Office:

  • Office Name: Baird & Warner
  • Office Phone: (847) 381-1855
  • Listing Agent: Brian Ban

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Property Sales & Tax

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6016353
5
/10
  • J W Riley Elementary School

  • 1209 E Burr Oak Dr

  • 0.63 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6016354
5
/10
  • Jack London Middle School

  • 1001 W Dundee Rd

  • 1.38 miles

  • Public District Grades 6-8

High School

school-card-donut-6016355
8
/10
  • Buffalo Grove High School

  • 1100 W Dundee Rd

  • 0.76 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,298. The majority of Buffalo Grove, IL residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 507 Park View Ter Unit 507

What is the listing price of this property?

The listing price of 507 Park View Ter Unit 507 property is $299,950.

What type of property is this?

The property 507 Park View Ter Unit 507 is a condo located in Buffalo Grove, Illinois, 60089.

Is this property for sale now?

Accepting Backup Offers: 507 Park View Ter Unit 507 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 507 Park View Ter Unit 507 are:
J W Riley Elementary School: GreatSchools Rating 5/10
Jack London Middle School: GreatSchools Rating 5/10
Buffalo Grove High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 507 Park View Ter Unit 507 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 507 Park View Ter Unit 507 is 1,250 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 Park View Ter Unit 507 is 1986.

Rocket Homes›Illinois›Lake County›Buffalo Grove›60089›507 Park View Ter Unit 507

This home is located at 507 Park View Ter Unit 507 in Buffalo Grove, IL and zip code 60089 in the Covington Manor neighborhood. This 1,250 square foot home was built in 1986. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $299,950.

While more than 29 listings in Buffalo Grove, IL in April 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 18 were sold below. The inventory of homes for sale in Buffalo Grove, IL between March 2024 and April 2024 increased by 14.1%. The median list price of listings available in April 2024 was $383,546, while the average time on the real estate market was 20 days.

From Rocket Homes Real Estate and based on county public records data.

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