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Hoffman Estates 60010
5181 N TAMARACK Drive
$637,500
● House - Off Market

5181 N TAMARACK Drive

BARRINGTON, IL 60010
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,300 Ft²
$1,225,264
RealtyHop Estimate
85.67%
Since Apr 1, 2008
National-US
Primary Model

About This Property

Waterfront in Evergreen subdivision! Largest model w/4 BR's, 1st flr office & full finished bsmt. Lots of charm & warmth in this beautifully decorated home featuring a 2-sty foyer, open flr-plan, crown mldngs, Pergo hdwd flrs & updates including new roof & gutters, new high efficiency furnace & A/C & new exterior paint. Private yard & patio w/wonderful views of the pond. Fremd school district.
Unit Size
3,300 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$200
Property Type
House
Property Taxes
$803
HOA Dues
$23
Year Built
1989

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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.

Property Highlights

Air Conditioning
Fireplace
Garage
With View

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 9
  • 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: 10,213
  • Total Building Area: 3,323
  • Gross Building Area: 3,323
  • Building Area: 3,323
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,323
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EVERGREEN SUB NUMBER2
  • Land Acres: 0000000235
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (EVERGREEN) SUB (NUMBER2) SUB OF PT OF THE SE SEC 18-42-10

Neighborhood

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

Geography

  • District: 29
  • Parcel: 02-18-414-013-0000
  • Block: 5
  • Lot: 25
  • Meridian: SEC 18 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.117
  • Longitude: -88.1095

    Address

  • Full Address: 5181 N Tamarack Dr
  • Address - House Number: 5181
  • Street Direction: N
  • Address - Street Name: Tamarack
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C035
  • 4-Digit Zip Code: 5879
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,229,753
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 29055

    Appraisal Valuation

  • Standard Deviation: 0.2596
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 817,965
  • High Value: 1,030,319
  • Low Value: 605,611

    Market Valuation

  • Market Total Value: $474,430
  • Market Land Value: $107,240
  • Market Improvement Value: $367,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,443
  • Assessed Land Value: $10,724
  • Assessed Improvements Value: $36,719

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Jul 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8033
  • Previous Sale Recording Date: Apr 01, 2008
  • Previous Sale Contract Date: Jan 26, 2008
  • Previous Sale Amount: $637,500
  • 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:

$410,000

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1636 ft²

Average Home Age

44.1 years

Currently For Sale

76 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 4716 Amber Circle, Hoffman Estates, IL, 60192

$2,900 /mo

  • 2 Beds
  • 2 Baths
4716 Amber Circle, Hoffman Estates, IL, 60192 Listing by Lisa Ogawa
Unit for rent at 1418 S Barrington Road, IL, 60010

$1,385 /mo

  • 2 Beds
  • 1 Bath
  • 697 ft²
1418 S Barrington Road #301, IL, 60010 Listing by Linda Dalrymple

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Terri Votanek, Baird & Warner
Data Source: MRED, MLS# MRD06774104
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 5181 North Tamarack Drive built and last sold?
The property at 5181 North Tamarack Drive was built in 1989 and last sold on Jul 14, 2023 for $815,000.
How much is this home worth?
The estimated value of the home located at 5181 North Tamarack Drive is $825,045.
What are some comparable homes to 5181 North Tamarack Drive?
There are currently no comparable homes to 5181 North Tamarack Drive.
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