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1362 Diamond Drive

1362 Diamond Drive, Hoffman Estates, IL 60192
Property in Palatine
Sold Jul 12, 2021
$298,000
$270,000 by Union Home Mortgage Corp
Mortgage Due Jun 01, 2051
Sold Apr 17, 2007
$304,000
$160,000 by Ing Bank Fsb
Mortgage Due Mar 01, 2037
1362 Diamond Drive in Hoffman Estates, IL was first built in 1992 and is 32 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a modern style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1362 Diamond Drive has 1,766 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 5,873 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1362 Diamond Drive was last sold in Apr 25, 2021 for $298,000. According to our calculations, that's $168.74 per sqft. Prior to that sales transaction, the property was sold for $304,000 in Sep 12, 2006. Current property owners are expected to pay $8,890 in taxes per year. The property on 1362 Diamond Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $30,000. To break that down further, the land itself was valued at $6,000. While improvements to the property were assessed at a total of $24,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Modern
  • 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: 5,873
  • Total Building Area: 1,766
  • Gross Building Area: 1,766
  • Building Area: 1,766
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,766
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HEARTHSTONE
  • Land Acres: 0.135
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : HAN WILLIAM W
  • Previous Owner : PATWARDHAN AMOL
  • Previous Owner 2: PATWARDHAN MONALI
  • Owner Before Previous Owner: CARTUS FINANCIAL CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 804104

Geography

  • District: 29
  • Parcel: 02-19-152-001-0000
  • Lot: 63
  • Meridian: SEC 19 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1085
  • Longitude: -88.113

    Address

  • Full Address: 1362 Diamond Dr
  • Address - House Number: 1362
  • Address - Street Name: Diamond
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C027
  • 4-Digit Zip Code: 3825
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,890
  • Tax Rate Code Area: 29082

    Appraisal Valuation

  • Standard Deviation: 0.222
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 377,808
  • High Value: 461,699
  • Low Value: 293,917

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,000
  • First Open Lien Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 12, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $270,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $60,000
  • Market Improvement Value: $240,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $24,000

    Sales

  • Current Sale Contract Date: Apr 25, 2021
  • Current Sale Recording Date: Jul 12, 2021
  • Current Sale Transaction ID: 11842944493
  • Current Sale Price: $298,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2119306059
  • Previous Sale Recording Date: Apr 17, 2007
  • Previous Sale Contract Date: Sep 12, 2006
  • Previous Sale Amount: $304,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 12, 2021
  • First Mortgage Loan Amount: $270,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ING BANK FSB
  • Previous Mortgage Transaction Date: Apr 17, 2007
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Mar 01, 2037

About Hoffman Estates



Similar Buildings

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Nearby Rentals

Unit for rent at 1885 Shorewood Drive, Hoffman Estates, IL, 60192

$3,600 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,358 ft²
1885 Shorewood Drive, Hoffman Estates, IL, 60192 Listing by Yi-Chieh Tseng

Frequently Asked Questions

What neighborhood is 1362 Diamond Drive located in?
The 1362 Diamond Drive is a located in the neighborhood of Palatine in Hoffman Estates, Hoffman Estates.
What is the average sales price for listings in 1362 Diamond Drive?
The average sales price for units in 1362 Diamond Drive is $0 currently.

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