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1000 Hoffman Lane

1000 Hoffman Lane, Deerfield, IL 60015
Sold Sep 29, 2021
$679,000
$490,000 by Solutions Financial Mortgage C
Mortgage Due Aug 01, 2051
Sold Aug 16, 2021
$700,000
$490,000 by Solutions Financial Mortgage C
Mortgage Due Aug 01, 2051
1000 Hoffman Lane in Deerfield, IL was first built in 1977 and is 47 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1000 Hoffman Lane has 2,493 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 62,726 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 822 sqft. There are a total of 3 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. 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, 1000 Hoffman Lane sold most recently in Apr 14, 2021 for a total of $679,000. If you work out the math, that's approximately a cost of $185.72 per sqft. Before that, the property was also sold for $700,000 in Jul 12, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $14,255 in taxes each year. 1000 Hoffman Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $169,172. If we break it down further, the land itself was valued at $86,446. Improvements to the property, however, were assessed at a total of $82,726. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Stone Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 341
  • Garage Type: Attached
  • Garage Square Area: 822
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 62,726
  • Total Building Area: 3,656
  • Gross Building Area: 3,910
  • Building Area: 2,493
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,493
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH RIVER WOODS SUB
  • Land Acres: 1.44
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTH RIVER WOODS SUB LOT 10

Ownership

  • Current Owner : CHICAGO TITLE LAND TRUST COMPANY
  • Current Owner 2: TRUST NUMBER 8002385885
  • Previous Owner : BERNSHTAM ELLA
  • Previous Owner 2: ELLA BERNSHTAM TRUST
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 113
  • Census Tract: 864524

Geography

  • Assessors Map Reference: 2702-E6
  • District: VERNON
  • Parcel: 15-25-301-022
  • Lot: 10
  • Municipality: TWP OF VERNON
  • Latitude: 42.1718
  • Longitude: -87.9014

    Address

  • Full Address: 1000 Hoffman Ln
  • Address - House Number: 1000
  • Address - Street Name: Hoffman
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Riverwoods
  • Carrier Code: C006
  • 4-Digit Zip Code: 2426
  • Zip Code: 60015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,255
  • Tax Rate Code Area: 16042

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 660,917
  • High Value: 766,499
  • Low Value: 555,335

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $490,000
  • First Open Lien Mortgage Lender: SOLUTIONS FINANCIAL MORTGAGE C
  • First Open Lien Mortgage Recording Date: Aug 16, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $490,000
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $507,567
  • Market Land Value: $259,364
  • Market Improvement Value: $248,203

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,172
  • Assessed Land Value: $86,446
  • Assessed Improvements Value: $82,726

    Sales

  • Current Sale Contract Date: Apr 14, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Transaction ID: 11861215563
  • Current Sale Price: $679,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 7830474
  • Previous Sale Recording Date: Aug 16, 2021
  • Previous Sale Contract Date: Jul 12, 2021
  • Previous Sale Amount: $700,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: SOLUTIONS FINANCIAL MORTGAGE C
  • Previous Mortgage Transaction Date: Aug 16, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $490,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2051

About North River Woods



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717 Pintail Court #717, Deerfield, IL, 60015 Listing by Susan Xu

Frequently Asked Questions

What neighborhood is 1000 Hoffman Lane located in?
The 1000 Hoffman Lane is a house located in the neighborhood of North River Woods in North River Woods, Deerfield.
What is the average sales price for listings in 1000 Hoffman Lane?
The average sales price for units in 1000 Hoffman Lane is $0 currently.

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