When was property at 305 Newark Lane built and last sold?

The property at 305 Newark Lane was built in 1958 and last sold on Jun 1, 2022 for $286,500.

How much is this home worth?

The estimated value of the home located at 305 Newark Lane is $0.

What are some comparable homes to 305 Newark Lane?

There are currently no comparable homes to 305 Newark Lane.

Hoffman Estates

60169

305 Newark Lane

$286,100

● House - Off Market

305 Newark Lane

Hoffman Estates, IL 60169

4 Beds

1 Bath

1,616 Ft²

$273,025

RealtyHop Estimate

1.16%

Since Jul 1, 2022

National-US

Primary Model

About This Property

Enjoy stair-free living in this charming 4 bedroom Ranch! Large driveway to detached 2 car garage and partially fenced backyard. Huge storage room behind 4th bedroom with exterior access only. Great location nearby parks, golf course, Woodfield Mall, expressways and in the 211 school district.

Unit Size

1,616 Ft²

Days on Market

Land Size

0.23 acres

Price per sqft

$167

Property Type

House

Property Taxes

$112

HOA Dues

Year Built

1958

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11398694)

Price History

Date / Event	Date	Event
Jun 10, 2022	Sold	Premium
Sold
May 6, 2022	Listed by Garry Real Estate	$269,896
Listed by Garry Real Estate

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1958

Effective Year Built: 1958
Building Count: 1
Total Rooms: 6
Bedroom Count: 4
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 3
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 4
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 10,010

Total Building Area: 1,616
Gross Building Area: 1,616
Building Area: 1,616
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 24
Heated Square Feet: 1,616
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: HOFFMAN ESTATES V SUB OF PT OF WH NW
Land Acres: 0000000230
Standard Land Use Code: 1001
County Land Use Code: 2-03

Neighborhood

School District Name: Schaumburg Community Consolidated School District 54

Census Tract: 804709

Geography

District: 35

Parcel: 07-22-110-006-0000
Lot: 6
Meridian: SEC 22 TWN 41N RNG 10E
Municipality: SCHAUMBURG
Latitude: 42.0314
Longitude: -88.0877

Address

Full Address: 305 Newark Ln

Address - House Number: 305
Address - Street Name: Newark
Address - Suffix Type: Ln
State: IL
City Name: Hoffman Estates
Carrier Code: C045
4-Digit Zip Code: 3409
Zip Code: 60169

Valuation

Tax

Tax Year: 2022

Tax Amount: $619,029
Tax Rate Code Area: 35013

Appraisal Valuation

Standard Deviation: 0.2351

Valuation Date: Mar 20, 2024
Confidence Score: 67
Final Value: 338,073
High Value: 417,585
Low Value: 258,560

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $270,000

Market Land Value: $60,060
Market Improvement Value: $209,940

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $27,000
Assessed Land Value: $6,006
Assessed Improvements Value: $20,994

Sales

Current Sale Contract Date: Jun 01, 2022

Current Sale Recording Date: Jun 23, 2022
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 34159

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Hoffman Estates

Stats & Trends

Median Asking:

$409,950

Sale Price/ft²

$242

Below Asking

0.01%

Average Days on Market

Average Home Size

1546 ft²

Average Home Age

46 years

Currently For Sale

72 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 616 Grace Lane, Schaumburg, IL, 60193

$3,300 /mo

3 Beds
1 Bath
1,452 ft²

616 Grace Lane, Schaumburg, IL, 60193 Listing by Dorothy Zielinski

Unit for rent at 508 Bristol Lane, Schaumburg, IL, 60194

$3,450 /mo

4 Beds
1 Bath
1,140 ft²

508 Bristol Lane, Schaumburg, IL, 60194 Listing by Omar Adil

Unit for rent at 706 N Point Drive, Schaumburg, IL, 60193

$3,500 /mo

4 Beds
2 Baths
2,351 ft²

706 N Point Drive, Schaumburg, IL, 60193 Listing by Sarah Leonard

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Kamlesh Patel, Garry Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11398694

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

305 Newark Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Hoffman Estates

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions