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Schaumburg 60193
1402 Hartmann Drive
$280,000
● House - Off Market

1402 Hartmann Drive

Schaumburg, IL 60193
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,496 Ft²
$313,876
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

RARELY AVAILABLE EXTENDED RANCH HOME FEATURING 3 BEDROOMS, 1.5 BATHROOM AND DETACHED 2 CAR GARAGE.  UPDATED KITCHEN WITH EXTRA COUNTER SPACE, PANTRY, BREAKFAST BAR AND EATING AREA. NEWER ROOF AND SIDING. HOME HAS BOTH LIVING ROOM AND FAMILY ROOM.  NO STAIRS PLENTY OF SPACE FOR A GROWING FAMILY. RELAX ON YOUR QUIET NEIGHBORHOOD STREET OR IN YOUR BACKYARD WITH VIEWS OF THE OPEN PARK AREA.  THIS IS A MUST SEE AS IT IS PRICED TO SELL.  PROPERTY BEING SOLD AS IS, AWARD WINNING SCHAUMBURG SCHOOLS,  CLOSE TO HIGHWAYS, METRO, WOODFIELD.
Unit Size
1,496 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$190
Property Type
House
Property Taxes
$501
HOA Dues
-
Year Built
1968

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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 #11252698)

Price History

Date / Event Date Event Price
Dec 3, 2021 Sold
Premium
Sold
Oct 21, 2021 Listed by Baird & Warner $284,900
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • 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: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,011
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 710
  • Total Building Area: 1,496
  • Gross Building Area: 1,496
  • Building Area: 1,496
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,496
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SECTION1 OF WEATHERSFIELD UNIT6
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (SECTION1) OF (WEATHERSFIELD) (UNIT6) A SUB IN SE SEC 29-41-10

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804807

Geography

  • District: 35
  • Parcel: 07-29-407-015-0000
  • Lot: 6190
  • Meridian: SEC 29 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0074
  • Longitude: -88.1144

    Address

  • Full Address: 1402 Hartmann Dr
  • Legal Unit: 6
  • Address - House Number: 1402
  • Address - Street Name: Hartmann
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C029
  • 4-Digit Zip Code: 3619
  • Zip Code: 60193

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $814,895
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 381,119
  • High Value: 468,144
  • Low Value: 294,094

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $70,080
  • Market Improvement Value: $229,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $7,008
  • Assessed Improvements Value: $22,992

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2135146326
  • Previous Sale Recording Date: Jun 15, 2011
  • Previous Sale Contract Date: Jun 10, 2011
  • Previous Sale Amount: $212,500
  • Previous Sale Document Type: 71
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 Schaumburg

Stats & Trends

Median Asking:

$362,500

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1639 ft²

Average Home Age

40.3 years

Currently For Sale

123 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 1827 Grove Avenue, Schaumburg, IL, 60193

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,400 ft²
1827 Grove Avenue, Schaumburg, IL, 60193 Listing by Undram Tsogbat
Unit for rent at 503 Case Court, Schaumburg, IL, 60193

$2,675 /mo

  • 3 Beds
  • 1 Bath
  • 1,400 ft²
503 Case Court, Schaumburg, IL, 60193 Listing by Gary Christensen

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kymberli Saragaglia, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11252698
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 1402 Hartmann Drive built and last sold?
The property at 1402 Hartmann Drive was built in 1968 and last sold on Nov 22, 2021 for $280,000.
How much is this home worth?
The estimated value of the home located at 1402 Hartmann Drive is $293,444.
What are some comparable homes to 1402 Hartmann Drive?
There are currently no comparable homes to 1402 Hartmann Drive.
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