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5242 Hoffman Street

5242 Hoffman Street, Skokie, IL 60077
Property in Skokie
Sold Jun 08, 2016
$305,000
$205,000 by Guaranteed Rate Inc
Mortgage Due Jun 01, 2031
5242 Hoffman Street in Skokie, IL was first built in 1927 and is 97 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 is only one bathroom. There is a 1 partial bathroom. 5242 Hoffman Street has 1,392 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 6,156 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 detached 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 masonry 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 masonry. 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 hot water heating system. The property was last sold in May 25, 2016 for $305,000. That's $219.11 per sqft. 5242 Hoffman Street was last assessed in 2023. The total value of the property was assessed at $39,000. Specifically, the land the property is located on was valued at $8,003. While improvements on the property were assessed at a total of $30,997. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $11,091. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,156
  • Total Building Area: 1,392
  • Gross Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,392
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OWNERS SUB
  • Land Acres: 0.141
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SUBDIVISION) OF LT25 & S 30FT OF LT18 OF OWNERS SUB IN WH SEC 21-41-13

Ownership

  • Current Owner : FINK MICHAEL
  • Current Owner 2: BURGESON PAULA
  • Previous Owner : PAVLIK GARY E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Niles Township Community High School District 219
  • Census Tract: 807300

Geography

  • District: 24
  • Parcel: 10-21-320-017-0000
  • Lot: 18,25
  • Meridian: SEC 21 TWN 41N RNG 13E
  • Municipality: NILES
  • Latitude: 42.0292
  • Longitude: -87.759

    Address

  • Full Address: 5242 Hoffman St
  • Address - House Number: 5242
  • Address - Street Name: Hoffman
  • Address - Suffix Type: St
  • State: IL
  • City Name: Skokie
  • Carrier Code: C052
  • 4-Digit Zip Code: 2417
  • Zip Code: 60077

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,091
  • Tax Rate Code Area: 24026

    Appraisal Valuation

  • Standard Deviation: 0.2288
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 443,575
  • High Value: 545,084
  • Low Value: 342,065

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $305,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jun 08, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $205,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2031
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: May 26, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 07, 2050

    Market Valuation

  • Market Total Value: $390,000
  • Market Land Value: $80,030
  • Market Improvement Value: $309,970

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,000
  • Assessed Land Value: $8,003
  • Assessed Improvements Value: $30,997

    Sales

  • Current Sale Contract Date: May 25, 2016
  • Current Sale Recording Date: Jun 08, 2016
  • Current Sale Transaction ID: 1600313856
  • Current Sale Price: $305,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1616022111

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jun 08, 2016
  • First Mortgage Loan Amount: $205,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2031

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Skokie



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Frequently Asked Questions

What neighborhood is 5242 Hoffman Street located in?
The 5242 Hoffman Street is a located in the neighborhood of Skokie in Skokie, Skokie.
What is the average sales price for listings in 5242 Hoffman Street?
The average sales price for units in 5242 Hoffman Street is $0 currently.

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