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1375 Candlewood Lane

1375 Candlewood Lane, Hoffman Estates, IL 60169
Property in Schaumburg
Sold Sep 14, 1995
$191,000
$125,000 by Interbank Mortgage Co
Mortgage Due Feb 01, 2044
1375 Candlewood Lane in Hoffman Estates, IL was first built in 1985 and is 39 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 unknown. 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 is only one bathroom. There are 2 partial bathrooms. 1375 Candlewood Lane has 1,750 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 7,504 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. 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. The property was last sold in Sep 8, 1995 for $191,000. That's $109.14 per sqft. 1375 Candlewood Lane was last assessed in 2023. The total value of the property was assessed at $34,000. Specifically, the land the property is located on was valued at $7,504. While improvements on the property were assessed at a total of $26,496. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $9,082. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 7,504
  • Total Building Area: 1,750
  • Gross Building Area: 1,750
  • Building Area: 1,750
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,750
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOFFMAN HILLS UNIT4
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (HOFFMAN)(HILLS)(UNIT4) A SUB OF PT OF THE NE SEC 17-41-10

Ownership

  • Current Owner : CHOI IK JAI
  • Current Owner 2: CHOI CHIN SOOK
  • Previous Owner : BETENIA THOMAS J
  • Previous Owner 2: BETENIA WENDY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804716

Geography

  • District: 35
  • Parcel: 07-17-209-008-0000
  • Block: 2
  • Lot: 6
  • Meridian: SEC 17 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.047
  • Longitude: -88.1138

    Address

  • Full Address: 1375 Candlewood Ln
  • Legal Unit: 4
  • Address - House Number: 1375
  • Address - Street Name: Candlewood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C028
  • 4-Digit Zip Code: 2368
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,082
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 397,153
  • High Value: 487,839
  • Low Value: 306,467

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,000
  • First Open Lien Mortgage Lender: INTERBANK MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Feb 14, 2014
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $125,000
  • 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: Feb 01, 2044

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $75,040
  • Market Improvement Value: $264,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $7,504
  • Assessed Improvements Value: $26,496

    Sales

  • Current Sale Contract Date: Sep 08, 1995
  • Current Sale Recording Date: Sep 14, 1995
  • Current Sale Transaction ID: 1073003152
  • Current Sale Price: $191,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 95618430

    Last Sale Mortgage

  • First Mortgage Lender: WORLD S/L
  • First Mortgage Transaction Date: Sep 14, 1995
  • First Mortgage Loan Amount: $133,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 15, 2025

    Financing

  • First Mortgage Financing Type: Variable

About Hoffman Estates



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Nearby Rentals

Unit for rent at 1974 Haddam Place, Hoffman Estates, IL, 60169

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Unit for rent at 1660 Kent Road, Hoffman Estates, IL, 60169

$3,000 /mo

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1660 Kent Road, Hoffman Estates, IL, 60169 Listing by Daniel Drake

Frequently Asked Questions

What neighborhood is 1375 Candlewood Lane located in?
The 1375 Candlewood Lane is a located in the neighborhood of Schaumburg in Hoffman Estates, Hoffman Estates.
What is the average sales price for listings in 1375 Candlewood Lane?
The average sales price for units in 1375 Candlewood Lane is $0 currently.

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