See Home Value
Hoffman Estates 60169
531 Harvard Lane
$408,000
● House - Off Market

531 Harvard Lane

Hoffman Estates, IL 60169
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,794 Ft²
$2,901
Est. Monthly
9.07%
Cap Rate

About This Property

Spacious and open home on a beautiful property overlooking Highland Park and pond. Serene and private views from nearly every room and the large back deck. At nearly 2800 sq feet, this home features a huge family room across the rear of the house that sets it apart from other two-story homes in the area. Brand-new carpeting in living room and family room, 2nd floor carpeting just steamed cleaned but hardwood floors underneath. Other updates by homeowners: Roof (both house and garage) replaced 2020; Refrigerator 2024; Dishwasher 2023; Water heater 2021; Washer/dryer 2015; Windows (not all) 2013; Furnaces 2012, 2015; A/C 2013. Eat-in kitchen with stainless steel appliances, double oven and cooktop, newly refinished floors and tons of cabinet space. The family/great room offers a brick fireplace anchoring one wall, beamed vaulted ceiling with skylights, picture window overlooking the pond and park, and sliding doors onto the large deck. The spacious living room off the foyer is perfect for entertaining, and the separate dining room provides plenty of space for large dinners. Four generous bedrooms and two bathrooms on the upper level, and fifth bedroom or office/den and powder room on main level. Laundry/utility room with newer LG front-loading washer and dryer off kitchen. Detached two-car garage and ample parking in driveway. Lovely lot with mature trees and fenced back yard. Plenty of room to grow and make this house a forever home!
Unit Size
2,794 Ft²
Days on Market
-
Land Size
-
Price per sqft
$149
Property Type
House
Property Taxes
$862
HOA Dues
-
Year Built
1962

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Last updated: 3 years ago (MRED MLS #12133675)

Price History

Date / Event Date Event Price
Sep 24, 2024 Sold
Sold
Aug 15, 2024 In contract -
In contract
Aug 9, 2024 Temporarily off market -
Temporarily off market
Aug 8, 2024 Listed by Berkshire Hathaway HomeServices Chicago $415,000
Listed by Berkshire Hathaway HomeServices Chicago
Jul 13, 2024 In contract -
In contract
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Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,734
  • Total Building Area: 2,794
  • Gross Building Area: 2,794
  • Building Area: 2,794
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,794
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLANDS AT HOFFMAN ESTATES XIII
  • Land Acres: 0000000246
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (HIGHLANDS) AT (HOFFMAN) ESTATES (XIII) SUB OF PT OF SECS 4 9 & 10 SEC 09-41-10

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804714

Geography

  • District: 35
  • Parcel: 07-09-204-066-0000
  • Block: 153
  • Lot: 66
  • Meridian: SEC 09 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0602
  • Longitude: -88.0932

    Address

  • Full Address: 531 Harvard Ln
  • Address - House Number: 531
  • Address - Street Name: Harvard
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C006
  • 4-Digit Zip Code: 4326
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,034,785
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2243
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 493,647
  • High Value: 604,386
  • Low Value: 382,907

    Market Valuation

  • Market Total Value: $410,000
  • Market Land Value: $64,400
  • Market Improvement Value: $345,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,000
  • Assessed Land Value: $6,440
  • Assessed Improvements Value: $34,560

    Sales

  • Current Sale Contract Date: May 21, 2010
  • Current Sale Recording Date: Jun 09, 2010
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1016004054
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Hoffman Estates


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Frequently Asked Questions

When was property at 531 Harvard Lane built and last sold?
The property at 531 Harvard Lane was built in 1962 and last sold on May 21, 2010 for $283,000.
How much is this home worth?
The estimated value of the home located at 531 Harvard Lane is $419,150.
What are some comparable homes to 531 Harvard Lane?
There are currently no comparable homes to 531 Harvard Lane.