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Hoffman Estates 60169
115 Carthage Lane
$328,000
● House - Off Market

115 Carthage Lane

Hoffman Estates, IL 60169
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,917 Ft²
$336,847
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Lovely, recently updated 4 bed/2 bath brick ranch with side drive on a quiet tree-lined street feat: bright & open floor plan, hardwood floors throughout, new kitchen w/42 in maple cabinets, granite counters, glass tile backsplash & new & stainless steel appliances, updated bathroom, nice sized bedrooms, lots of closet & storage, new roof & gutters, new water heater, fresh paint & designer fixtures throughout. Fully fenced back yard professionally landscaped with outdoor fire pit, patio & gazebo perfect for entertaining and summer fun. Prime location, close to schools, shopping transportation. Must see!  Multiple offers received. Highest and best due by Monday (12/20/21) at 4 PM
Unit Size
1,917 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$167
Property Type
House
Property Taxes
$592
HOA Dues
-
Year Built
1957

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11284205)

Price History

Date / Event Date Event Price
Feb 4, 2022 Sold
Premium
Sold
Dec 9, 2021 Listed by RE/MAX NEXT $319,900
Listed by RE/MAX NEXT

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,417
  • Total Building Area: 1,653
  • Gross Building Area: 1,653
  • Building Area: 1,653
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,653
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOFFMAN ESTATES II
  • Land Acres: 0000000239
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (HOFFMAN) ESTATES (II) SUB OF THAT PT LYING SOUTH OF HIGGINS ROAD OF NW SW SEC14 & NE & NH SE SEC15 EH SEC 15-41-10

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804608

Geography

  • District: 35
  • Parcel: 07-15-405-008-0000
  • Block: 36
  • Lot: 6
  • Meridian: SEC 15 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0424
  • Longitude: -88.0772

    Address

  • Full Address: 115 Carthage Ln
  • Address - House Number: 115
  • Address - Street Name: Carthage
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C070
  • 4-Digit Zip Code: 1823
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $789,358
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2559
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 356,340
  • High Value: 447,549
  • Low Value: 265,131

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $62,500
  • Market Improvement Value: $237,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $6,250
  • Assessed Improvements Value: $23,750

    Sales

  • Current Sale Contract Date: Feb 01, 2022
  • Current Sale Recording Date: Feb 07, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2203839049
  • Previous Sale Recording Date: Jul 16, 2018
  • Previous Sale Contract Date: Jun 18, 2018
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hoffman Estates

Stats & Trends

Median Asking:

$410,000

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1577 ft²

Average Home Age

47.1 years

Currently For Sale

73 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2010 Carleton Road, Hoffman Estates, IL, 60169

$3,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,644 ft²
2010 Carleton Road, Hoffman Estates, IL, 60169 Listing by Judi Rentas
Unit for rent at 411 Sequoia Court, Schaumburg, IL, 60193

$3,650 /mo

  • 3 Beds
  • 2 Baths
  • 1,548 ft²
411 Sequoia Court, Schaumburg, IL, 60193 Listing by Chirag Patel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Marcin Krempa, RE/MAX NEXT
Last Updated: 3 years ago
Data Source: MRED, MLS# 11284205
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 115 Carthage Lane built and last sold?
The property at 115 Carthage Lane was built in 1957 and last sold on Feb 1, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 115 Carthage Lane is $0.
What are some comparable homes to 115 Carthage Lane?
There are currently no comparable homes to 115 Carthage Lane.
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