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5150 Chambers Drive

5150 Chambers Drive, Barrington, IL 60010
Property in Palatine
Sold Apr 22, 2021
$320,000
$288,000 by Hometrust Mortgage Corp
Mortgage Due May 01, 2051
Sold Nov 01, 2002
$250,000
$200,000 by Homeland Mtg Company
Mortgage Due Oct 01, 2022
5150 Chambers Drive in Barrington, IL was first built in 1979 and is 45 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 unknown. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5150 Chambers Drive has 1,687 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 5,184 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 good. 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 air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5150 Chambers Drive was last sold in Apr 14, 2021 for $320,000. According to our calculations, that's $189.69 per sqft. Prior to that sales transaction, the property was sold for $250,000 in Sep 17, 2002. Current property owners are expected to pay $9,482 in taxes per year. The property on 5150 Chambers Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $32,000. To break that down further, the land itself was valued at $4,666. While improvements to the property were assessed at a total of $27,334. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,184
  • Total Building Area: 1,687
  • Gross Building Area: 1,687
  • Building Area: 1,687
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,687
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLONY POINT PHASEII
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (COLONY) (POINT) (PHASEII) RESUB OF PT COUNTRY CLUB A DD TO HOWIE IN HILLS SUB IN EH OF SW SEC 18-42-10

Ownership

  • Current Owner : ZHANG YIGONG
  • Current Owner 2: SUI YUSHAN
  • Previous Owner : YU ANNA
  • Previous Owner 2: YU ZHUANG HONG
  • Owner Before Previous Owner: CHO SOONG KEE
  • Owner Before Previous Owner 2: CHO SOON KYOUNG
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803603

Geography

  • District: 29
  • Subdivision Phase Number: II
  • Parcel: 02-18-300-048-0000
  • Block: 2
  • Lot: 30
  • Meridian: SEC 18 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1169
  • Longitude: -88.113

    Address

  • Full Address: 5150 Chambers Dr
  • Address - House Number: 5150
  • Address - Street Name: Chambers
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C022
  • 4-Digit Zip Code: 5608
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,482
  • Tax Rate Code Area: 29082

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 378,196
  • High Value: 480,020
  • Low Value: 276,373

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $288,000
  • First Open Lien Mortgage Lender: HOMETRUST MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 22, 2021
  • First Open Lien Mortgage Loan Amount: $288,000
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $46,660
  • Market Improvement Value: $273,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $4,666
  • Assessed Improvements Value: $27,334

    Sales

  • Current Sale Contract Date: Apr 14, 2021
  • Current Sale Recording Date: Apr 22, 2021
  • Current Sale Transaction ID: 11831906526
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2111247048
  • Previous Sale Recording Date: Nov 01, 2002
  • Previous Sale Contract Date: Sep 17, 2002
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETRUST MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 22, 2021
  • First Mortgage Loan Amount: $288,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HOMELAND MTG COMPANY
  • Previous Mortgage Transaction Date: Nov 01, 2002
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Due Date: Oct 01, 2022

About Hoffman Estates



Similar Buildings

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Nearby Rentals

Unit for rent at 1885 Shorewood Drive, Hoffman Estates, IL, 60192

$3,600 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,358 ft²
1885 Shorewood Drive, Hoffman Estates, IL, 60192 Listing by Yi-Chieh Tseng

Frequently Asked Questions

What neighborhood is 5150 Chambers Drive located in?
The 5150 Chambers Drive is a located in the neighborhood of Palatine in Hoffman Estates, Barrington.
What is the average sales price for listings in 5150 Chambers Drive?
The average sales price for units in 5150 Chambers Drive is $0 currently.

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