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1264 West New Britton Drive

1264 West New Britton Drive, Hoffman Estates, IL 60192
Property in Palatine
Sold Sep 14, 2012
$239,500
$191,480 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2042
Sold Apr 29, 1999
$193,000
$150,000 by Chase Manhattan Mtg Corp
Mortgage Due Feb 01, 2006
1264 West New Britton Drive has been categorized by the local assessors in Hoffman Estates, IL as a residential type of property. The building on the property was first built in 1977 and is 47 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1264 West New Britton Drive has 1,999 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,019 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 1264 West New Britton Drive sold most recently in Aug 23, 2012 for a total of $239,500. If you work out the math, that's approximately a cost of $119.81 per sqft. Before that, the property was also sold for $193,000 in Jan 15, 1999. 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 $9,357 in taxes each year. 1264 West New Britton Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $35,000. If we break it down further, the land itself was valued at $9,917. Improvements to the property, however, were assessed at a total of $25,083. 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: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,019
  • Total Building Area: 1,999
  • Gross Building Area: 1,999
  • Building Area: 1,999
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,999
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTBURY UNIT4
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WESTBURY)(UNIT4)RESUB OF THAT PT OF HOWIE IN THE HIL LS UNIT THREE SUB OF SH LYING S OF FREEMAN RD. IN THE E 1/2 OF SW 1/4 &

Ownership

  • Current Owner : CHEN PENG
  • Current Owner 2: LU YING
  • Previous Owner : KIM IN KYO
  • Previous Owner 2: KIM YOUNG K
  • Owner Before Previous Owner: BRUSO ARTHUR L
  • Owner Before Previous Owner 2: BRUSO ELAINE J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 804105

Geography

  • District: 29
  • Parcel: 02-19-427-017-0000
  • Block: 11
  • Lot: 17
  • Meridian: SEC 19 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0979
  • Longitude: -88.1113

    Address

  • Full Address: 1264 W New Britton Dr
  • Legal Unit: 4
  • Address - House Number: 1264
  • Street Direction: W
  • Address - Street Name: New Britton
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C038
  • 4-Digit Zip Code: 1732
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,357
  • Tax Rate Code Area: 29082

    Appraisal Valuation

  • Standard Deviation: 0.2197
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 439,772
  • High Value: 536,422
  • Low Value: 343,122

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $191,480
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 14, 2012
  • First Open Lien Mortgage Loan Amount: $191,480
  • 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: Sep 01, 2042

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $99,170
  • Market Improvement Value: $250,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $9,917
  • Assessed Improvements Value: $25,083

    Sales

  • Current Sale Contract Date: Aug 23, 2012
  • Current Sale Recording Date: Sep 14, 2012
  • Current Sale Transaction ID: 1176954865
  • Current Sale Price: $239,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1225849007
  • Previous Sale Recording Date: Apr 29, 1999
  • Previous Sale Contract Date: Jan 15, 1999
  • Previous Sale Amount: $193,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Sep 14, 2012
  • First Mortgage Loan Amount: $191,480
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MTG CORP
  • Previous Mortgage Transaction Date: Apr 29, 1999
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 81
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Feb 01, 2006

About Hoffman Estates



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Frequently Asked Questions

What neighborhood is 1264 West New Britton Drive located in?
The 1264 West New Britton Drive is a located in the neighborhood of Palatine in Hoffman Estates, Hoffman Estates.
What is the average sales price for listings in 1264 West New Britton Drive?
The average sales price for units in 1264 West New Britton Drive is $0 currently.

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