When was property at 325 Newark Lane built and last sold?

The property at 325 Newark Lane was built in 1958 and last sold on Apr 11, 2023 for $250,000.

How much is this home worth?

The estimated value of the home located at 325 Newark Lane is $0.

What are some comparable homes to 325 Newark Lane?

There are currently no comparable homes to 325 Newark Lane.

Hoffman Estates

60169

325 Newark Lane

$250,000

● House - Off Market

325 Newark Lane

Hoffman Estates, IL 60169

3 Beds

1 Bath

1,000 Ft²

$244,181

RealtyHop Estimate

1.74%

Since May 1, 2023

National-US

Primary Model

About This Property

WE HAVE RECEIVED MULTIPLE OFFERS. HIGHEST AND BEST DUE BY THURSDAY MARCH 16 AT NOON. GREAT 3 BEDROOM 1 BATH RANCH HOME IN HOFFMAN ESTATES WITH HUGE FINISHED BONUS ROOM! EAT IN KITCHEN WITH BRAND NEW STOVE AND REFRIGERATOR. NEW WASHER AND DRYER AS WELL. LARGE FENCED IN YARD WITH SHED. NEWER 2.5 CAR DETACHED GARAGE AND EXTRA LONG CONCRETE DRIVEWAY. HOME NEEDS A LITTLE TLC AND IS PRICED ACCORDINGLY. BEING SOLD AS IS!!!!

Unit Size

1,000 Ft²

Days on Market

Land Size

Price per sqft

$240

Property Type

House

Property Taxes

$151

HOA Dues

Year Built

1958

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11735947)

Price History

Date / Event	Date	Event
Apr 21, 2023	Sold	Premium
Sold
Mar 12, 2023	Listed by Berkshire Hathaway HomeServices Starck Real Estate	$240,000
Listed by Berkshire Hathaway HomeServices Starck Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1958

Effective Year Built: 1958
Building Count: 1
Total Rooms: 5
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 28
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

Lot Size Depth Feet: 1,300
Lot Size Frontage Feet: 770
Total Building Area: 999
Gross Building Area: 999
Building Area: 999
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 24
Heated Square Feet: 999
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: HOFFMAN ESTATES V
Land Acres: 0000000230
Standard Land Use Code: 1001
County Land Use Code: 2-02
Legal Description 1: (HOFFMAN) ESTATES (V) SUB OF PT OF WH NW SEC22 & PT O F EH NE SEC 21-41-10

Neighborhood

School District Name: Schaumburg Community Consolidated School District 54

Census Tract: 804709

Geography

District: 35

Parcel: 07-22-110-005-0000
Block: 68
Lot: 7
Meridian: SEC 21 TWN 41N RNG 10E
Municipality: SCHAUMBURG
Latitude: 42.0314
Longitude: -88.088

Address

Full Address: 325 Newark Ln

Address - House Number: 325
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: $529,933
Tax Rate Code Area: 35013

Appraisal Valuation

Standard Deviation: 0.2283

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 313,142
High Value: 384,645
Low Value: 241,639

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 Financing Type:

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
Second Open Lien Mortgage Lender:

Premium
Second Open Lien Mortgage Recording Date:

Premium
Second Open Lien Mortgage Loan Amount:

Premium
Second Open Lien Mortgage Term:

Premium
Second Open Lien Mortgage Position:

Premium
Second Open Lien Mortgage Loan Type:

Premium
Second Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $240,000

Market Land Value: $60,060
Market Improvement Value: $179,940

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $24,000
Assessed Land Value: $6,006
Assessed Improvements Value: $17,994

Sales

Current Sale Contract Date: Apr 11, 2023

Current Sale Recording Date: May 02, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 33419

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
Second Mortgage Lender:

Premium
Second Mortgage Transaction Date:

Premium
Second Mortgage Loan Amount:

Premium
Second Mortgage Terms:

Premium
Second Mortgage Loan Type:

Premium
Second Mortgage Loan Due Date:

Premium

Financing

First Mortgage Financing Type: ADJ

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

Request mortgage information redaction

Comparables

About Hoffman Estates

Stats & Trends

Median Asking:

$410,000

Sale Price/ft²

$242

Below Asking

0.01%

Average Days on Market

Average Home Size

1605 ft²

Average Home Age

46.3 years

Currently For Sale

75 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 10 W Thacker Street, Hoffman Estates, IL, 60169

$2,600 /mo

3 Beds
1 Bath
900 ft²

10 W Thacker Street, Hoffman Estates, IL, 60169 Listing by Magdalena Malyszko

Unit for rent at 282 Pembridge Lane, Schaumburg, IL, 60193

$2,700 /mo

3 Beds
2 Baths
1,500 ft²

282 Pembridge Lane #A2, Schaumburg, IL, 60193 Listing by Rocco LaMantia

Unit for rent at 86 Allerton Drive, Schaumburg, IL, 60194

$2,750 /mo

2 Beds
2 Baths
1,200 ft²

86 Allerton Drive #86, Schaumburg, IL, 60194 Listing by Fawad Shahid

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Kelly Dunlop, Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11735947

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.

325 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