When was property at 1527 Fairfield Lane built and last sold?

The property at 1527 Fairfield Lane was built in 1965 and last sold on Jun 26, 2023 for $400,000.

How much is this home worth?

The estimated value of the home located at 1527 Fairfield Lane is $390,395.

What are some comparable homes to 1527 Fairfield Lane?

There are currently no comparable homes to 1527 Fairfield Lane.

Hoffman Estates

60169

1527 FAIRFIELD Lane

$400,000

● House - Off Market

1527 FAIRFIELD Lane

Hoffman Estates, IL 60169

4 Beds

2 Baths

1,400 Ft²

$388,836

RealtyHop Estimate

-0.27%

Since Aug 1, 2023

National-US

Primary Model

About This Property

LARGEST RAISED RANCH MODEL IN DESIRABLE HIGHT POINT! BEAUTIFULY DECORATED & METICULOSLY MAINTAINED. LIGHT & BRIGHT LIVING ROOM, FORMAL DINING ROOM, OPEN FLOOR PLAN DESIGN WITH GLEAMING HARDWOOD FLOORS ON MAIN LEVEL. HUGE KITCHEN WITH GRANITE COUNTER TOPS S.S APPLIANCES, BUILT IN BREAKFAST BAR & PANTRY. LOWER-LEVEL FEATURES HUGE MASTER BEDROOM W/TWO WALK-IN CLOSETS ADJACENT TO THE REMODELED BATHROOM W/JACUZI TUB. LARGE FAMILY ROOM W/WOOD BURNING FIREPLACE & ADDITIONAL BEDROOM & REMODELED 2ND BATH. HUGE DECK OVERLOOKING THE FENCED BACK YARD & COVERING THE TWO LARGE OUTSIDE SHEDS.

Unit Size

1,400 Ft²

Days on Market

Land Size

0.25 acres

Price per sqft

$279

Property Type

House

Property Taxes

$685

HOA Dues

Year Built

1965

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11780523)

Price History

Date / Event	Date	Event
Jul 6, 2023	Sold	Premium
Sold
May 11, 2023	Listed by Realty Executives Advance	$389,900
Listed by Realty Executives Advance
Oct 18, 2022	No longer available	-
No longer available
Sep 20, 2022	Price Decreased	$384,899 ↓ $1 (0%)
Price Decreased
Sep 13, 2022	Price Decreased	$384,900 ↓ $15K (3.8%)
Price Decreased
Aug 12, 2022	Price Decreased	$399,900 ↓ $25K (5.9%)
Price Decreased
Jul 11, 2022	Listed by Realcom Realty, Ltd	$424,900
Listed by Realcom Realty, Ltd

	UPDATED BI-LEVEL STYLE WITH 2 CAR GARAGE..NEWER ROOF, NEWER CENTRAL A/C AND HOT WATER HEATER..EXTERIOR PROFESSIONALLY PAINTED, 2018..NEWER WINDOWS..6 PANEL DOORS T/O..KIT W/BREAKFAST COUNTER, PANTRY CLOSET, SS APPLS & SEP DINING AREA..WOOD FLOORS T/O UPPER LEVEL..HUGE MASTER BEDROOM & KIT HAVE SLIDING GLASS DOOR LEADING TO 25X17 DECK W/STAIRS LEADING DOWN TO FENCED-IN YARD AND ENORMOUS STORAGE SPACE UNDER DECK..LOWER LEVEL W/FAMILY RM W/FIREPLACE, 4TH BEDROOM, BATH, DEN/STORAGE ROOM, LAUNDRY & WALKOUT TO REAR..CLOSE TO MAJOR ROADS, I-90, SHOPPING, SCHOOLS & MORE..COME AND SEE BEFORE ITS TOO LATE..GREAT LOCATION W/UPDATED CONDITION FOR A RAISED RANCH STYLE W/4 BRS, HOLY COW!!! The manager has listed the unit size as 2560 square feet.

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1965

Effective Year Built: 1965
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
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: 3
Basement Area: 0
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 12,254

Total Building Area: 1,560
Gross Building Area: 1,560
Building Area: 1,560
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 24
Heated Square Feet: 1,560
Heating Fuel Type: 0

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: HIGHLANDS WEST AT HOFFMAN ESTATES XXI
Land Acres: 0000000281
Standard Land Use Code: 1001
County Land Use Code: 2-07
Legal Description 1: (HIGHLANDS) WEST AT (HOFFMAN) ESTATES (XXI) SUB OF PT SEC 8 & PT SEC 9 SEC 08-41-10

Neighborhood

School District Name: Schaumburg Community Consolidated School District 54

Census Tract: 804706

Geography

District: 35

Parcel: 07-08-409-008-0000
Block: 192
Lot: 8
Meridian: SEC 08 TWN 41N RNG 10E
Municipality: SCHAUMBURG
Latitude: 42.0536
Longitude: -88.11

Address

Full Address: 1527 Fairfield Ln

Address - House Number: 1527
Address - Street Name: Fairfield
Address - Suffix Type: Ln
State: IL
City Name: Hoffman Estates
Carrier Code: C070
4-Digit Zip Code: 4013
Zip Code: 60169

Valuation

Tax

Tax Year: 2022

Tax Amount: $967,550
Tax Rate Code Area: 35013

Appraisal Valuation

Standard Deviation: 0.1011

Valuation Date: Mar 20, 2024
Confidence Score: 90
Final Value: 389,633
High Value: 429,028
Low Value: 350,238

Market Valuation

Market Total Value: $360,010

Market Land Value: $91,910
Market Improvement Value: $268,100

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $36,001
Assessed Land Value: $9,191
Assessed Improvements Value: $26,810

Sales

Current Sale Contract Date: Jun 26, 2023

Current Sale Recording Date: Jul 10, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 25173
Previous Sale Recording Date: May 14, 2012
Previous Sale Contract Date: Apr 10, 2012
Previous Sale Amount: $161,000
Previous Sale Document Type: 68

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:

$415,000

Sale Price/ft²

$244

Below Asking

0.01%

Average Days on Market

Average Home Size

1595 ft²

Average Home Age

40.1 years

Currently For Sale

80 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 120 Tamworth Place, Schaumburg, IL, 60194

$3,200 /mo

3 Beds
2 Baths
1,790 ft²

120 Tamworth Place, Schaumburg, IL, 60194 Listing by Paresh Shah

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

Unit for rent at 601 Willington Drive, Schaumburg, IL, 60194

$3,495 /mo

3 Beds
2 Baths
1,932 ft²

601 Willington Drive, Schaumburg, IL, 60194 Listing by Sohail Salahuddin

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Hank Fatoorehchi, Realty Executives Advance
Last Updated: 3 years ago
Data Source: MRED, MLS# 11780523

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.

1527 FAIRFIELD 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