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1962 Cheltenham Place

1962 Cheltenham Place, Hoffman Estates, IL 60169
Property in Schaumburg
Sold Dec 28, 2021
$193,000
$189,504 by Citywide Home Loans
Mortgage Due Jan 01, 2052
Sold May 21, 2002
Transfer
$105,560 by Universal Mtg Corp
Mortgage Due May 01, 2032
1962 Cheltenham Place 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 1973 and is 51 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1962 Cheltenham Place has 1,228 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 620 ft and across the front of the lot is 200 ft. The area measurement of the land has been determined as 1,240 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 is one available parking space. 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. The property was last sold in Dec 8, 2021 for $193,000. That's $157.17 per sqft. 1962 Cheltenham Place was last assessed in 2023. The total value of the property was assessed at $18,000. Specifically, the land the property is located on was valued at $3,000. While improvements on the property were assessed at a total of $15,000. 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 $5,346. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1973
  • Effective Year Built: 1973
  • 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: 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: 1

    Dimensions

  • Lot Size Square Feet: 1,240
  • Lot Size Depth Feet: 620
  • Lot Size Frontage Feet: 200
  • Total Building Area: 1,228
  • Gross Building Area: 1,228
  • Building Area: 1,228
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,228
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BARRINGTON SQUARE UNIT2
  • Land Acres: 0.029
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: (BARRINGTON) (SQUARE) (UNIT2) SUB OF PT NE SEC 07-41-10

Ownership

  • Current Owner : AHSAN ADNAN
  • Current Owner 2: HANAFI VAQAR AHMED
  • Previous Owner : PATEL BHAVESH
  • Owner Before Previous Owner: PATEL RAMCHANDRA
  • Owner Before Previous Owner 2: PATEL SURYABEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804701

Geography

  • District: 35
  • Parcel: 07-07-203-212-0000
  • Block: 58
  • Lot: 2
  • Meridian: SEC 07 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.06
  • Longitude: -88.1324

    Address

  • Full Address: 1962 Cheltenham Pl
  • Legal Unit: 2
  • Address - House Number: 1962
  • Address - Street Name: Cheltenham
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C015
  • 4-Digit Zip Code: 2406
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,346
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 235,307
  • High Value: 292,172
  • Low Value: 178,443

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $189,504
  • First Open Lien Mortgage Lender: CITYWIDE HOME LOANS
  • First Open Lien Mortgage Recording Date: Dec 28, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $189,504
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $30,000
  • Market Improvement Value: $150,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $15,000

    Sales

  • Current Sale Contract Date: Dec 08, 2021
  • Current Sale Recording Date: Dec 28, 2021
  • Current Sale Transaction ID: 11876124612
  • Current Sale Price: $193,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2136218287
  • Previous Sale Recording Date: May 21, 2002
  • Previous Sale Contract Date: Apr 30, 2002
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: CITYWIDE HOME LOANS
  • First Mortgage Transaction Date: Dec 28, 2021
  • First Mortgage Loan Amount: $189,504
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2052

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: UNIVERSAL MTG CORP
  • Previous Mortgage Transaction Date: May 21, 2002
  • Previous Mortgage Loan Amount: $105,560
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2032

About Hoffman Estates



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Frequently Asked Questions

What neighborhood is 1962 Cheltenham Place located in?
The 1962 Cheltenham Place is a located in the neighborhood of Schaumburg in Hoffman Estates, Hoffman Estates.
What is the average sales price for listings in 1962 Cheltenham Place?
The average sales price for units in 1962 Cheltenham Place is $0 currently.

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