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Hoffman Estates 60192
4305 Mumford Drive
$350,000
● House - Off Market

4305 Mumford Drive

Hoffman Estates, IL 60192
bedrooms
3 Beds
bathrooms
4 Baths
square feet
1,575 Ft²
$373,426
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Rarely available 4 bedrooms 4 bath ranch with the full walk-out Basement, featuring large living room dining room in a serene neighborhood. close to park, Hwy, and Woodfield mall.  Need work, Sold AS IS
Unit Size
1,575 Ft²
Days on Market
-
Land Size
-
Price per sqft
$232
Property Type
House
Property Taxes
$631
HOA Dues
-
Year Built
1978

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11427953)

Price History

Date / Event Date Event Price
Jul 13, 2022 Sold
Premium
Sold
Jun 7, 2022 Listed by Baird & Warner $365,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,700
  • Total Building Area: 1,575
  • Gross Building Area: 1,575
  • Building Area: 1,575
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,575
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTBURY LAKE UNIT2
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (WESTBURY) (LAKE) (UNIT2) RESUB OF PT HOWIE IN THE HI LLS UNIT3 SUB IN SE SEC 19-42-10

Neighborhood

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

Geography

  • District: 29
  • Parcel: 02-19-429-023-0000
  • Block: 4
  • Lot: 23
  • Meridian: SEC 19 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1016
  • Longitude: -88.1111

    Address

  • Full Address: 4305 Mumford Dr
  • Legal Unit: 2
  • Address - House Number: 4305
  • Address - Street Name: Mumford
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C022
  • 4-Digit Zip Code: 1349
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $906,130
  • Tax Rate Code Area: 29082

    Appraisal Valuation

  • Standard Deviation: 0.2454
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 378,544
  • High Value: 471,464
  • Low Value: 285,623

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $69,300
  • Market Improvement Value: $270,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $6,930
  • Assessed Improvements Value: $27,070

    Sales

  • Current Sale Contract Date: Jul 13, 2022
  • Current Sale Recording Date: Aug 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15221
  • Previous Sale Recording Date: Jul 17, 2000
  • Previous Sale Contract Date: Dec 08, 1999
  • Previous Sale Amount: $227,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hoffman Estates

Stats & Trends

Median Asking:

$409,950

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1628 ft²

Average Home Age

44.5 years

Currently For Sale

77 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 1589 Bicek Drive, Hoffman Estates, IL, 60192

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
1589 Bicek Drive, Hoffman Estates, IL, 60192 Listing by Simon Liang
Unit for rent at 1404 W Sapphire Drive, Hoffman Estates, IL, 60192

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,460 ft²
1404 W Sapphire Drive #1404, Hoffman Estates, IL, 60192 Listing by Zivile Pitkiene

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Saeid Tousi, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11427953
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.

Frequently Asked Questions

When was property at 4305 Mumford Drive built and last sold?
The property at 4305 Mumford Drive was built in 1978 and last sold on Jul 13, 2022 for $350,000.
How much is this home worth?
The estimated value of the home located at 4305 Mumford Drive is $0.
What are some comparable homes to 4305 Mumford Drive?
There are currently no comparable homes to 4305 Mumford Drive.
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