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2010 Colchester Avenue

2010 Colchester Avenue, Hoffman Estates, IL 60192
House in Hanover
Sold Aug 10, 2021
$430,000
$408,500 by One American Bank
Mortgage Due Jul 01, 2051
Sold Dec 12, 2013
$295,000
Buyer
Seller
Local assessors in Hoffman Estates, IL have categorized 2010 Colchester Avenue as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 8,827 square feet. The linear feet between the front and back of the lot was measured at 650 ft and the front of the lot was measured at 1,350 ft. 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 8 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 3 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 2010 Colchester Avenue has a total of 2,630 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2010 Colchester Avenue was last sold in Jun 12, 2021 for $430,000. According to our calculations, that's $163.50 per sqft. Prior to that sales transaction, the property was sold for $295,000 in Jul 3, 2013. Current property owners are expected to pay $12,594 in taxes per year. The property on 2010 Colchester Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $42,000. To break that down further, the land itself was valued at $5,738. While improvements to the property were assessed at a total of $36,262. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,827
  • Lot Size Depth Feet: 650
  • Lot Size Frontage Feet: 1,350
  • Total Building Area: 2,630
  • Gross Building Area: 2,630
  • Building Area: 2,630
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,630
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PRINCETON 01
  • Land Acres: 0.203
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : NOZHAK STEPAN
  • Current Owner 2: SALII MARIIA
  • Previous Owner : FARRUKH MOHAMMED ALI
  • Previous Owner 2: AHMED SAMINA
  • Owner Before Previous Owner: KHAN IYAZ A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804313

Geography

  • District: 18
  • Parcel: 06-04-108-011-0000
  • Lot: 43
  • Meridian: SEC 04 TWN 41N RNG 9E
  • Municipality: HANOVER
  • Latitude: 42.0622
  • Longitude: -88.216

    Address

  • Full Address: 2010 Colchester Ave
  • Address - House Number: 2010
  • Address - Street Name: Colchester
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: R006
  • 4-Digit Zip Code: 4160
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,594
  • Tax Rate Code Area: 18039

    Appraisal Valuation

  • Standard Deviation: 0.2414
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 506,973
  • High Value: 629,382
  • Low Value: 384,564

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $408,500
  • First Open Lien Mortgage Lender: ONE AMERICAN BANK
  • First Open Lien Mortgage Recording Date: Aug 10, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $408,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $420,000
  • Market Land Value: $57,380
  • Market Improvement Value: $362,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,000
  • Assessed Land Value: $5,738
  • Assessed Improvements Value: $36,262

    Sales

  • Current Sale Contract Date: Jun 12, 2021
  • Current Sale Recording Date: Aug 10, 2021
  • Current Sale Transaction ID: 11848860848
  • Current Sale Price: $430,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2122255240
  • Previous Sale Recording Date: Dec 12, 2013
  • Previous Sale Contract Date: Jul 03, 2013
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ONE AMERICAN BANK
  • First Mortgage Transaction Date: Aug 10, 2021
  • First Mortgage Loan Amount: $408,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Hoffman Estates



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Frequently Asked Questions

What neighborhood is 2010 Colchester Avenue located in?
The 2010 Colchester Avenue is a house located in the neighborhood of Hanover in Hoffman Estates, Hoffman Estates.
What is the average sales price for listings in 2010 Colchester Avenue?
The average sales price for units in 2010 Colchester Avenue is $0 currently.

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