See Home Value
Elgin 60124
162 Hibiscus Lane
$540,000
● House - Off Market

162 Hibiscus Lane

Elgin, IL 60124
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,878 Ft²
$3,650
Est. Monthly
$38
HOA / Fees

About This Property

BETTER THAN NEW CONSTRUCTION! ALL YOU HAVE TO DO IS MOVE IN! Beautifully maintained 4-bedroom, 2.5-bathroom home, nestled in the charming Tall Oaks subdivision in Elgin. Residents enjoy nearby walking paths, a welcoming atmosphere with friendly neighbors, and the tranquility of a quiet setting. This home is part of a community with sidewalks throughout and school bus service. This home boasts a spacious, open-concept floor plan perfect for entertaining and everyday living. The kitchen features a large island with quartz countertops, and includes a refrigerator, oven/range, microwave, dishwasher, and garbage disposal. Newly finished basement (2024) for extra living space. Updated second floor laundry room with a utility/slop sink and added cabinetry (2024) creating an ideal space for storage and functionality. Additional appliances include a washer & dryer, water heater, sump pump, ceiling fans, window treatments and hardware, all light fixtures, and built-in shelving. Outside you'll enjoy an expansive fully fenced in yard (2020), back paver-patio and an updated patio step (2024), freshly repainted trim and pillars (2025). This home and its mechanicals are all 6 years new. Enjoy low maintenance living at its finest. Here you'll find mature landscaping, hardscape, and added finishes making it a great place to call home.
Unit Size
2,878 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$191
Property Type
House
Property Taxes
$912
HOA Dues
$38
Year Built
-

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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Frontage Feet: 800
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TALL OAKS SUB
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: TALL OAKS SUB UNIT 1 LT 217

Neighborhood

  • School District Name: Central Community Unit School District 301
  • Census Tract: 851911

Geography

  • Parcel: 06-18-183-003
  • Lot: 217
  • Municipality: ELGIN
  • Latitude: 42.0358
  • Longitude: -88.375

    Address

  • Full Address: 162 Hibisscus Ln
  • Legal Unit: 1
  • Address - House Number: 162
  • Address - Street Name: Hibisscus
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Elgin
  • Carrier Code: R006
  • 4-Digit Zip Code: 0208
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,016,482
  • Tax Rate Code Area: EL083

    Appraisal Valuation

  • Standard Deviation: 0.1374
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 84
  • Final Value: 447,589
  • High Value: 509,115
  • Low Value: 386,063

    Market Valuation

  • Market Total Value: $336,438
  • Market Land Value: $100,048
  • Market Improvement Value: $236,390

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $112,101
  • Assessed Land Value: $33,336
  • Assessed Improvements Value: $78,765

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 30, 2020
  • Current Sale Recording Date: May 06, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020K022986
  • Previous Sale Recording Date: Apr 25, 2018
  • Previous Sale Contract Date: Apr 17, 2018
  • Previous Sale Amount: $1,560,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Elgin


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3759 Saint James Court, Elgin, IL, 60124

$3,300 /mo

  • 3 Beds
  • 2 Baths
  • 2,431 ft²
3759 Saint James Court, Elgin, IL, 60124 Listing by Sunita Kakarlapudi
Unit for rent at 765 Kentshire Circle, Elgin, IL, 60124

$4,000 /mo

  • 4 Beds
  • 3 Baths
  • 3,044 ft²
765 Kentshire Circle, Elgin, IL, 60124 Listing by Meha Parikh
Unit for rent at 3837 Currant Lane, Elgin, IL, 60124

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,670 ft²
3837 Currant Lane, Elgin, IL, 60124 Listing by Halyna Hrabar


Frequently Asked Questions

When was property at 162 Hibiscus Lane built and last sold?
The property at 162 Hibiscus Lane was built in and last sold on Apr 30, 2020 for $330,000.
How much is this home worth?
The estimated value of the home located at 162 Hibiscus Lane is $538,255.
What are some comparable homes to 162 Hibiscus Lane?
There are currently no comparable homes to 162 Hibiscus Lane.