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4205 Portage Lane

4205 Portage Lane, Hoffman Estates, IL 60192
House in Palatine
Sold Oct 11, 2016
Transfer
$230,400 by Key Mortgage Services Inc
Mortgage Due Oct 01, 2047
4205 Portage Lane in Hoffman Estates, IL was first built in 1978 and is 46 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 4205 Portage Lane has 1,618 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,535 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $9,061 in taxes each year. 4205 Portage Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $34,001. If we break it down further, the land itself was valued at $6,782. Improvements to the property, however, were assessed at a total of $27,219. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,535
  • Total Building Area: 1,618
  • Gross Building Area: 1,618
  • Building Area: 1,618
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,618
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTBURY LAKES UNIT1
  • Land Acres: 0.173
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WESTBURY) (LAKES) (UNIT1) RESUB OF HOWIE IN THE HILL S UNIT3 SUB IN SW SEC 19-42-10

Ownership

  • Current Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Previous Owner : MALOUF VIRGINIA E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 804104

Geography

  • District: 29
  • Parcel: 02-19-322-013-0000
  • Block: 3
  • Lot: 13
  • Meridian: SEC 19 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1
  • Longitude: -88.1159

    Address

  • Full Address: 4205 Portage Ln
  • Legal Unit: 1
  • Address - House Number: 4205
  • Address - Street Name: Portage
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C017
  • 4-Digit Zip Code: 1324
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,061
  • Tax Rate Code Area: 29082

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 392,394
  • High Value: 483,572
  • Low Value: 301,216

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $230,400
  • First Open Lien Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Open Lien Mortgage Recording Date: Oct 04, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $230,400
  • 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: Oct 01, 2047

    Market Valuation

  • Market Total Value: $340,010
  • Market Land Value: $67,820
  • Market Improvement Value: $272,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,001
  • Assessed Land Value: $6,782
  • Assessed Improvements Value: $27,219

    Sales

  • Current Sale Contract Date: Sep 13, 2016
  • Current Sale Recording Date: Oct 11, 2016
  • Current Sale Transaction ID: 1818845578
  • Current Sale Document Type: Sheriff's Deed
  • Current Sale Input Document Number: 1628513012

About Hoffman Estates



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Nearby Rentals

Unit for rent at 1974 Haddam Place, Hoffman Estates, IL, 60169

$2,800 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,350 ft²
1974 Haddam Place #1974, Hoffman Estates, IL, 60169 Listing by Linda Portillo
Unit for rent at 1285 Sumac Trail, Hoffman Estates, IL, 60192

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  • 2.5 Baths
  • 1,803 ft²
1285 Sumac Trail, Hoffman Estates, IL, 60192 Listing by Robert Brandt

Frequently Asked Questions

What neighborhood is 4205 Portage Lane located in?
The 4205 Portage Lane is a house located in the neighborhood of Palatine in Hoffman Estates, Hoffman Estates.
What is the average sales price for listings in 4205 Portage Lane?
The average sales price for units in 4205 Portage Lane is $279,900 , or $173/sqft. currently.

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