When was property at 4975 Essington Lane built and last sold?

The property at 4975 Essington Lane was built in 1988 and last sold on Mar 11, 2022 for $449,000.

How much is this home worth?

The estimated value of the home located at 4975 Essington Lane is $0.

What are some comparable homes to 4975 Essington Lane?

There are currently no comparable homes to 4975 Essington Lane.

Hoffman Estates

60010

4975 ESSINGTON Lane

$449,000

● House - Off Market

4975 ESSINGTON Lane

Hoffman Estates, IL 60010

4 Beds

3 Baths

2,000 Ft²

$462,365

RealtyHop Estimate

2.98%

Since Apr 1, 2022

National-US

Primary Model

About This Property

Great location and so many updates in this attractive home! Living room with soaring ceiling gracefully flows into the dining room and then into the kitchen. The kitchen features stainless steel appliances, granite counters, beautiful backsplash and large windows allowing tons of natural light to stream in. Open concept eating area has direct access the kitchen and family room. The light filled family room features a fireplace and sliders to the patio. The 2nd floor boasts a large functional master bedroom suite which includes loads of closet space and a full updated bath with walk in shower. Three additional spacious bedrooms with ample closet space and hall bath complete the upstairs. The finished basement features an abundance of space to entertain, recessed lighting throughout and tons of additional storage. Large, fenced back yard is perfect for entertaining. Additionally, the home is freshly painted, with new carpet and new lighting! Take advantage of all that Hoffman Estates has to offer top-rated schools including Fremd High School, shopping, dining, Metra, and so much more!

Unit Size

2,000 Ft²

Days on Market

Land Size

0.24 acres

Price per sqft

$225

Property Type

House

Property Taxes

$745

HOA Dues

Year Built

1988

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11313838)

Price History

Date / Event	Date	Event
Mar 14, 2022	Sold	Premium
Sold
Feb 2, 2022	Listed by Keller Williams Success Realty	$449,000
Listed by Keller Williams Success Realty

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1988

Effective Year Built: 1988
Building Count: 1
Total Rooms: 7
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 60
Exterior Walls Type: 17
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 200
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: 10,574

Total Building Area: 2,000
Gross Building Area: 2,000
Building Area: 2,000
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 24
Heated Square Feet: 2,000
Heating Fuel Type: 0

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: HIGHLAND WOODS UNIT2
Land Acres: 0000000243
Standard Land Use Code: 1001
County Land Use Code: 2-07
Legal Description 1: (HIGHLAND)(WOODS)(UNIT2) BEING SUB OF PT OF WH SW SEC 18-42-10

Neighborhood

School District Name: Palatine Community Consolidated School District 15

Census Tract: 803603

Geography

District: 29

Parcel: 02-18-316-017-0000
Block: 4
Lot: 17
Meridian: SEC 18 TWN 42N RNG 10E
Municipality: PALATINE
Latitude: 42.1141
Longitude: -88.1197

Address

Full Address: 4975 Essington Ln

Legal Unit: 2
Address - House Number: 4975
Address - Street Name: Essington
Address - Suffix Type: Ln
State: IL
City Name: Hoffman Estates
Carrier Code: C031
4-Digit Zip Code: 5520
Zip Code: 60010

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,089,556
Tax Rate Code Area: 29055

Appraisal Valuation

Standard Deviation: 0.2271

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 490,958
High Value: 602,484
Low Value: 379,431

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 Due Date:

Premium

Market Valuation

Market Total Value: $400,000

Market Land Value: $111,030
Market Improvement Value: $288,970

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $40,000
Assessed Land Value: $11,103
Assessed Improvements Value: $28,897

Sales

Current Sale Contract Date: Mar 11, 2022

Current Sale Recording Date: Mar 16, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2207512302
Previous Sale Recording Date: Jan 11, 2011
Previous Sale Contract Date: Dec 09, 2010
Previous Sale Amount: $340,000
Previous Sale Document Type: 68

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

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 4625 Huntington Boulevard, Hoffman Estates, IL, 60192

$3,650 /mo

3 Beds
2 Baths
9,999 ft²

4625 Huntington Boulevard, Hoffman Estates, IL, 60192 Listing by Al Janabi

Unit for rent at 5039 Chambers Drive, Hoffman Estates, IL, 60010

$3,250 /mo

4 Beds
1 Bath
1,814 ft²

5039 Chambers Drive, Hoffman Estates, IL, 60010 Listing by Zivile Pitkiene

Unit for rent at 71 N Ela Road, Inverness, IL, 60067

$3,600 /mo

4 Beds
3 Baths
1,818 ft²

71 N Ela Road, Inverness, IL, 60067 Listing by Peter Babjak

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Bridgette Schneidwind, Keller Williams Success Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11313838

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.

4975 ESSINGTON 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