2175 Ivy Ridge Drive

Local assessors in Hoffman Estates, IL have categorized 2175 Ivy Ridge Drive as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 842,706 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. If we look only at the heated or air conditioned part of the building, then 2175 Ivy Ridge Drive has a total of 1,744 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. 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, 2175 Ivy Ridge Drive was last sold in Oct 24, 2023 for $325,000. According to our calculations, that's $186.35 per sqft. Prior to that sales transaction, the property was sold for $225,000 in Apr 13, 2020. Current property owners are expected to pay $6,907 in taxes per year. The property on 2175 Ivy Ridge Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $23,034. To break that down further, the land itself was valued at $3,056. While improvements to the property were assessed at a total of $19,978. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.