When was property at 1225 Newcastle Lane built and last sold?

The property at 1225 Newcastle Lane was built in 1971 and last sold on Apr 8, 2020 for $276,000.

How much is this home worth?

The estimated value of the home located at 1225 Newcastle Lane is $436,815.

What are some comparable homes to 1225 Newcastle Lane?

There are currently no comparable homes to 1225 Newcastle Lane.

Hoffman Estates

60169

1225 Newcastle Lane

$434,900

● House - Off Market

1225 Newcastle Lane

Hoffman Estates, IL 60169

4 Beds

3 Baths, 1 Half Bath

2,450 Ft²

$2,881

Est. Monthly

7.36%

Cap Rate

About This Property

EXCELLENT LOCATION! FANTASTIC CONDITION! COMPLETLY UPDATED SPLIT LEVEL WITH OPEN LAYOUT. APPROX 2,500 SQ FT OF LIVING SPACE. FORMAL ENTRYWAY LEADING TO HUGE LIVING & FAMILY ROOM WITH WOOD BURNING FIREPLACE. KITCHEN HAS QUARTZ COUNTERTOPS, BRAND NEW STAINLESS STEEL APPLIANCES, & CERAMIC FLOORING. SEPERATE DINING ROOM WITH DESIGNER LED CHANDELIER. NEW LAMINATE FLOORS THROUGHOUT THE HOUSE. LARGE FOUR BEDROOMS WITH LED CAN LIGHTS & BLINDS. ALL WASHROOMS UPDATED WITH NEW SURROUND TILES & VANITIES. ALL NEW ELECTRICAL LED LIGHTS & CHANDELIER. LOWER LEVEL HAS EXPANDED RECREATIONAL ROOM WITH LARGE STORAGE & LAUNDRY AREA. CLOSE TO EVERYTHING: SCHOOLS, PARK, SHOPPING, EXPRESSWAYS, & MORE.

Unit Size

2,450 Ft²

Days on Market

Land Size

0.23 acres

Price per sqft

$173

Property Type

House

Property Taxes

$794

HOA Dues

Year Built

1971

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #12037695)

Price History

Date / Event	Date	Event
Jun 5, 2024	Sold	Premium
Sold
Apr 24, 2024	Listed by Provident Realty, Inc.	$424,900
Listed by Provident Realty, Inc.

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1971

Effective Year Built: 1971
Building Count: 1
Total Rooms: 9
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 60
Exterior Walls Type: 17
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 10,080

Total Building Area: 2,430
Gross Building Area: 2,430
Building Area: 2,430
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 24
Heated Square Feet: 2,430
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: HIGHLANDS WEST AT HOFFMAN ESTATES XXVII
Land Acres: 0000000231
Standard Land Use Code: 1001
County Land Use Code: 2-78
Legal Description 1: (HIGHLANDS) (WEST) AT (HOFFMAN) ESTATES (XXVII) SUB O F PT SE SEC8 & PT NE SEC17 SE SEC 08-41-10

Neighborhood

School District Name: Schaumburg Community Consolidated School District 54

Census Tract: 804706

Geography

District: 35

Parcel: 07-08-416-002-0000
Block: 232
Lot: 2
Meridian: SEC 08 TWN 41N RNG 10E
Municipality: SCHAUMBURG
Latitude: 42.0493
Longitude: -88.1098

Address

Full Address: 1225 Newcastle Ln

Address - House Number: 1225
Address - Street Name: Newcastle
Address - Suffix Type: Ln
State: IL
City Name: Hoffman Estates
Carrier Code: C021
4-Digit Zip Code: 1223
Zip Code: 60169

Valuation

Tax

Tax Year: 2022

Tax Amount: $932,484
Tax Rate Code Area: 35013

Appraisal Valuation

Standard Deviation: 0.1011

Valuation Date: Mar 20, 2024
Confidence Score: 90
Final Value: 414,847
High Value: 456,792
Low Value: 372,903

Market Valuation

Market Total Value: $313,980

Market Land Value: $75,600
Market Improvement Value: $238,380

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $31,398
Assessed Land Value: $7,560
Assessed Improvements Value: $23,838

Sales

Current Sale Contract Date: Apr 08, 2020

Current Sale Recording Date: Apr 28, 2020
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 2011903030
Previous Sale Recording Date: Oct 20, 2003
Previous Sale Contract Date: Aug 26, 2003
Previous Sale Amount: $255,000
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Hoffman Estates

Stats & Trends

Median Asking:

$409,900

Sale Price/ft²

$242

Below Asking

0.01%

Average Days on Market

Average Home Size

1591 ft²

Average Home Age

47.1 years

Currently For Sale

72 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 115 Princeton Street, Hoffman Estates, IL, 60169

$3,200 /mo

4 Beds
1 Bath
1,515 ft²

115 Princeton Street, Hoffman Estates, IL, 60169 Listing by Arlyn Tratt

Unit for rent at 508 Bristol Lane, Schaumburg, IL, 60194

$3,450 /mo

4 Beds
1 Bath
1,140 ft²

508 Bristol Lane, Schaumburg, IL, 60194 Listing by Omar Adil

Unit for rent at 840 Heather Lane, Hoffman Estates, IL, 60169

$3,250 /mo

4 Beds
2 Baths
1,952 ft²

840 Heather Lane, Hoffman Estates, IL, 60169 Listing by Michael Rein

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Paresh Shah, Provident Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 12037695

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.

1225 Newcastle Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Hoffman Estates

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions