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1885 Ashley Road

1885 Ashley Road, Hoffman Estates, IL 60169
Property in Schaumburg
Sold Mar 07, 2006
$245,000
$232,750 by Platinum Home Mortgage Corp
Mortgage Due Mar 01, 2036
Sold Dec 09, 2003
$215,000
$172,000 by New Century Bank
Mortgage Due Dec 01, 2033
1885 Ashley Road in Hoffman Estates, IL was first built in 1962 and is 62 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1885 Ashley Road has 1,268 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 850 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 10,200 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Feb 27, 2006 for $245,000. That's $193.22 per sqft. Prior to that sales transaction, the property was also sold in Nov 26, 2003 for $215,000. 1885 Ashley Road was last assessed in 2023. The total value of the property was assessed at $28,000. Specifically, the land the property is located on was valued at $6,120. While improvements on the property were assessed at a total of $21,880. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $8,316. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,268
  • Gross Building Area: 1,268
  • Building Area: 1,268
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,268
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HIGHLANDS AT HOFFMAN ESTATES XII
  • Land Acres: 0.234
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (HIGHLANDS) AT (HOFFMAN) ESTATES (XII) SUB OF PT NE SEC 09-41-10

Ownership

  • Current Owner : KOUTNIK MITCHELL
  • Current Owner 2: KOUTNIK PATRICIA
  • Previous Owner : HANSEN DAVID W
  • Previous Owner 2: HANSEN LINDA C
  • Owner Before Previous Owner: SCHNEIDER MARK W
  • Owner Before Previous Owner 2: SCHNEIDER MARY JO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804714

Geography

  • District: 35
  • Parcel: 07-09-204-036-0000
  • Block: 153
  • Lot: 36
  • Meridian: SEC 09 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0611
  • Longitude: -88.0981

    Address

  • Full Address: 1885 Ashley Rd
  • Address - House Number: 1885
  • Address - Street Name: Ashley
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C037
  • 4-Digit Zip Code: 4331
  • Zip Code: 60169

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 358,230
  • High Value: 440,028
  • Low Value: 276,432

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,750
  • First Open Lien Mortgage Lender: PLATINUM HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 07, 2006
  • First Open Lien Mortgage Loan Amount: $232,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2036

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $61,200
  • Market Improvement Value: $218,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $6,120
  • Assessed Improvements Value: $21,880

    Sales

  • Current Sale Contract Date: Feb 27, 2006
  • Current Sale Recording Date: Mar 07, 2006
  • Current Sale Transaction ID: 1087417137
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0606653069
  • Previous Sale Recording Date: Dec 09, 2003
  • Previous Sale Contract Date: Nov 26, 2003
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLATINUM HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 07, 2006
  • First Mortgage Loan Amount: $232,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Mar 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: NEW CENTURY BANK
  • Previous Mortgage Transaction Date: Dec 09, 2003
  • Previous Mortgage Loan Amount: $172,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Dec 01, 2033

About Hoffman Estates



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Frequently Asked Questions

What neighborhood is 1885 Ashley Road located in?
The 1885 Ashley Road is a located in the neighborhood of Schaumburg in Hoffman Estates, Hoffman Estates.
What is the average sales price for listings in 1885 Ashley Road?
The average sales price for units in 1885 Ashley Road is $0 currently.

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