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1773 Glen Lake Road

1773 Glen Lake Road, Hoffman Estates, IL 60169
Property in Schaumburg
Sold Apr 11, 1995
$140,500
$110,000 by Suburban Bank Barrington
Mortgage Due Apr 01, 2025
Local assessors in Hoffman Estates, IL have categorized 1773 Glen Lake Road as a residential type of property. The home was built in 1967 and is 57 years old. The property's lot size has been calculated to be 9,228 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1773 Glen Lake Road has a total of 1,942 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1773 Glen Lake Road was last sold in Mar 24, 1995 for $140,500. According to our calculations, that's $72.35 per sqft. Current property owners are expected to pay $7,081 in taxes per year. The property on 1773 Glen Lake Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $30,000. To break that down further, the land itself was valued at $6,921. While improvements to the property were assessed at a total of $23,079. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • 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: 1

    Dimensions

  • Lot Size Square Feet: 9,228
  • Total Building Area: 1,942
  • Gross Building Area: 1,942
  • Building Area: 1,942
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,942
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLANDS WEST AT HOFFMAN ESTATES XXII
  • Land Acres: 0.212
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (HIGHLANDS) WEST AT (HOFFMAN) ESTATES (XXII) SUB OF P T SEC 8 & PT SEC 9 SEC 08-41-10

Ownership

  • Current Owner : PATEL HEMANSHU
  • Current Owner 2: PATEL PUSHPA
  • Previous Owner : DESAI GITA R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804706

Geography

  • District: 35
  • Parcel: 07-09-106-007-0000
  • Block: 204
  • Lot: 7
  • Meridian: SEC 08 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0581
  • Longitude: -88.1067

    Address

  • Full Address: 1773 Glen Lake Rd
  • Address - House Number: 1773
  • Address - Street Name: Glen Lake
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C002
  • 4-Digit Zip Code: 4042
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,081
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 389,240
  • High Value: 478,120
  • Low Value: 300,361

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,000
  • First Open Lien Mortgage Lender: SUBURBAN BANK BARRINGTON
  • First Open Lien Mortgage Recording Date: Apr 11, 1995
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $110,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2025

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $69,210
  • Market Improvement Value: $230,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $6,921
  • Assessed Improvements Value: $23,079

    Sales

  • Current Sale Contract Date: Mar 24, 1995
  • Current Sale Recording Date: Apr 11, 1995
  • Current Sale Transaction ID: 1176338063
  • Current Sale Price: $140,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 95240184

    Last Sale Mortgage

  • First Mortgage Lender: SUBURBAN BANK BARRINGTON
  • First Mortgage Transaction Date: Apr 11, 1995
  • First Mortgage Loan Amount: $110,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2025

    Financing

  • First Mortgage Financing Type: Variable

About Hoffman Estates



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Frequently Asked Questions

What neighborhood is 1773 Glen Lake Road located in?
The 1773 Glen Lake Road is a located in the neighborhood of Schaumburg in Hoffman Estates, Hoffman Estates.
What is the average sales price for listings in 1773 Glen Lake Road?
The average sales price for units in 1773 Glen Lake Road is $0 currently.

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