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1608 Cypress Court

1608 Cypress Court, Hoffman Estates, IL 60169
Property in Schaumburg
Sold Oct 30, 2020
$265,000
$214,650 by Gold Star Mortgage Financial G
Mortgage Due Oct 01, 2050
Sold Jan 29, 2015
$214,000
$171,200 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2045
1608 Cypress Court 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 1987 and is 37 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1608 Cypress Court has 1,604 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 1,232 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

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 masonry. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1608 Cypress Court sold most recently in Sep 9, 2020 for a total of $265,000. If you work out the math, that's approximately a cost of $165.21 per sqft. Before that, the property was also sold for $214,000 in Jan 15, 2015. 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 $8,316 in taxes each year. 1608 Cypress Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $28,000. If we break it down further, the land itself was valued at $4,500. Improvements to the property, however, were assessed at a total of $23,500. 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. 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!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: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • 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: 1,232
  • Total Building Area: 1,604
  • Gross Building Area: 1,604
  • Building Area: 1,604
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,604
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: POPLAR CREEK CLUB HOMES
  • Land Acres: 0.028
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: PART SW4 S08 T41N R10E 3P

Ownership

  • Current Owner : LAWRENCE NICHOLAS J
  • Previous Owner : RYAN DAVID
  • Previous Owner 2: RYAN SUSAN
  • Owner Before Previous Owner: MYTICH CHARLES M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804705

Geography

  • District: 35
  • Parcel: 07-08-300-278-0000
  • Lot: 43
  • Meridian: SEC 08 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.05
  • Longitude: -88.1242

    Address

  • Full Address: 1608 Cypress Ct
  • Address - House Number: 1608
  • Address - Street Name: Cypress
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C040
  • 4-Digit Zip Code: 1161
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,316
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 341,545
  • High Value: 419,306
  • Low Value: 263,784

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $214,650
  • First Open Lien Mortgage Lender: GOLD STAR MORTGAGE FINANCIAL G
  • First Open Lien Mortgage Recording Date: Oct 30, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $214,650
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $45,000
  • Market Improvement Value: $235,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $4,500
  • Assessed Improvements Value: $23,500

    Sales

  • Current Sale Contract Date: Sep 09, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Transaction ID: 11795812073
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2030457077
  • Previous Sale Recording Date: Jan 29, 2015
  • Previous Sale Contract Date: Jan 15, 2015
  • Previous Sale Amount: $214,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOLD STAR MORTGAGE FINANCIAL G
  • First Mortgage Transaction Date: Oct 30, 2020
  • First Mortgage Loan Amount: $214,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jan 29, 2015
  • Previous Mortgage Loan Amount: $171,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2045

About Hoffman Estates



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Frequently Asked Questions

What neighborhood is 1608 Cypress Court located in?
The 1608 Cypress Court is a located in the neighborhood of Schaumburg in Hoffman Estates, Hoffman Estates.
What is the average sales price for listings in 1608 Cypress Court?
The average sales price for units in 1608 Cypress Court is $0 currently.

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