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340 Hawthorne Lane

340 Hawthorne Lane, Hoffman Estates, IL 60169
Property in Schaumburg
Sold Dec 17, 2007
$290,000
$222,700 by American Portfolio Mortgage Co
Mortgage Due Nov 01, 2042
Local assessors in Hoffman Estates, IL have categorized 340 Hawthorne Lane as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 20,905 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 340 Hawthorne Lane has a total of 1,702 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 3 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 hot water heating system is the primary heating source. 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, 340 Hawthorne Lane sold most recently in Dec 5, 2007 for a total of $290,000. If you work out the math, that's approximately a cost of $170.39 per sqft. 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 $7,003 in taxes each year. 340 Hawthorne Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $27,000. If we break it down further, the land itself was valued at $8,362. Improvements to the property, however, were assessed at a total of $18,638. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 20,905
  • Total Building Area: 1,702
  • Gross Building Area: 1,702
  • Building Area: 1,702
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,702
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOFFMAN ESTATES I
  • Land Acres: 0.48
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (HOFFMAN) (ESTATES) (I) SUB OF PT WH NW & PT NW SW SE C 14 LYING NORTH OF HIGGINS RD & PT OF THE NE IN SEC 15-41-10

Ownership

  • Current Owner : ODONNELL ANN
  • Previous Owner : ODONNELL MICHAEL W
  • Previous Owner 2: ODONNELL LOUISE C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804603

Geography

  • District: 35
  • Parcel: 07-14-110-011-0000
  • Block: 16
  • Lot: 2
  • Meridian: SEC 15 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0443
  • Longitude: -88.0708

    Address

  • Full Address: 340 Hawthorn Ln
  • Address - House Number: 340
  • Address - Street Name: Hawthorn
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C001
  • 4-Digit Zip Code: 4435
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,003
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 352,683
  • High Value: 433,215
  • Low Value: 272,151

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $222,700
  • First Open Lien Mortgage Lender: AMERICAN PORTFOLIO MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Nov 07, 2012
  • First Open Lien Mortgage Loan Amount: $222,700
  • 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: Nov 01, 2042

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $83,620
  • Market Improvement Value: $186,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $8,362
  • Assessed Improvements Value: $18,638

    Sales

  • Current Sale Contract Date: Dec 05, 2007
  • Current Sale Recording Date: Dec 17, 2007
  • Current Sale Transaction ID: 1131541360
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0735105026

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Dec 17, 2007
  • First Mortgage Loan Amount: $232,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jan 01, 2038

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Frequently Asked Questions

What neighborhood is 340 Hawthorne Lane located in?
The 340 Hawthorne Lane is a located in the neighborhood of Schaumburg in Hoffman Estates, Hoffman Estates.
What is the average sales price for listings in 340 Hawthorne Lane?
The average sales price for units in 340 Hawthorne Lane is $0 currently.

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