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1971 Cheltenham Place

1971 Cheltenham Place, Hoffman Estates, IL 60169
Property in Schaumburg
Sold Jul 03, 2018
$184,000
$180,667 by First Centennial Mortgage Corp
Mortgage Due Jul 01, 2048
Sold Apr 23, 2009
$173,000
$169,866 by Security National Mortgage Co
Mortgage Due May 01, 2039
1971 Cheltenham Place in Hoffman Estates, IL was first built in 1972 and is 52 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 modern style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1971 Cheltenham Place has 1,380 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. In total, the area measurement of the land is 1,180 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a no garage. 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. 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, 1971 Cheltenham Place sold most recently in Jun 22, 2018 for a total of $184,000. If you work out the math, that's approximately a cost of $133.33 per sqft. Before that, the property was also sold for $173,000 in Apr 15, 2009. 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 $5,642 in taxes each year. 1971 Cheltenham Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,000. If we break it down further, the land itself was valued at $3,000. Improvements to the property, however, were assessed at a total of $16,000. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Modern
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,180
  • Total Building Area: 1,380
  • Gross Building Area: 1,380
  • Building Area: 1,380
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,380
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BARRINGTON SQUARE 02
  • Land Acres: 0.027
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : RUIZ SALVADOR LARA
  • Current Owner 2: MARTINEZ ANGELICA TORRES
  • Previous Owner : PORTER JOSHUA
  • Previous Owner 2: SANTI NICOLE
  • Owner Before Previous Owner: BARSON EARL J
  • Owner Before Previous Owner 2: BARSON EVELYN K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Geography

  • District: 35
  • Parcel: 07-07-203-202-0000
  • Lot: 3
  • Meridian: SEC 07 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0605
  • Longitude: -88.1322

    Address

  • Full Address: 1971 Cheltenham Pl
  • Address - House Number: 1971
  • 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: $5,642
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 257,332
  • High Value: 316,091
  • Low Value: 198,573

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $190,826
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 03, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $180,667
  • 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: Jul 01, 2048
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Apr 20, 2023
  • Second Open Lien Mortgage Loan Amount: $10,159
  • Second Open Lien Mortgage Term: 344
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $30,000
  • Market Improvement Value: $160,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $16,000

    Sales

  • Current Sale Contract Date: Jun 22, 2018
  • Current Sale Recording Date: Jul 03, 2018
  • Current Sale Transaction ID: 11477659991
  • Current Sale Price: $184,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1818406130
  • Previous Sale Recording Date: Apr 23, 2009
  • Previous Sale Contract Date: Apr 15, 2009
  • Previous Sale Amount: $173,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 03, 2018
  • First Mortgage Loan Amount: $180,667
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • Previous Mortgage Transaction Date: Apr 23, 2009
  • Previous Mortgage Loan Amount: $169,866
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2039

About Hoffman Estates



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Frequently Asked Questions

What neighborhood is 1971 Cheltenham Place located in?
The 1971 Cheltenham Place is a located in the neighborhood of Schaumburg in Hoffman Estates, Hoffman Estates.
What is the average sales price for listings in 1971 Cheltenham Place?
The average sales price for units in 1971 Cheltenham Place is $0 currently.

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