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5405 Mallard Lane

5405 Mallard Lane, Hoffman Estates, IL 60192
Property in Hanover
Sold Dec 04, 2023
$565,000
$381,375 by Rocket Mortgage Llc
Mortgage Due Dec 01, 2053
Sold Nov 16, 2021
$499,000
$474,050 by Key Mortgage Services Inc
Mortgage Due Dec 01, 2051
5405 Mallard Lane in Hoffman Estates, IL was first built in 1999 and is 25 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 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5405 Mallard Lane has 2,718 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 18,270 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. 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 average. 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 central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5405 Mallard Lane was last sold in Nov 27, 2023 for $565,000. According to our calculations, that's $207.87 per sqft. Prior to that sales transaction, the property was sold for $499,000 in Nov 4, 2021. Current property owners are expected to pay $11,694 in taxes per year. The property on 5405 Mallard Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $39,001. To break that down further, the land itself was valued at $11,876. While improvements to the property were assessed at a total of $27,125. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • 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: 18,270
  • Total Building Area: 2,718
  • Gross Building Area: 2,718
  • Building Area: 2,718
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,718
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PASQUINELLIS HUNTERS RDG 01
  • Land Acres: 0.419
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (PASQUINELLIS) (HUNTERS) LOT 41

Ownership

  • Current Owner : PATEL SAGARBHAI
  • Current Owner 2: PATEL VIPALKUMARI DILIPBHAI
  • Previous Owner : YUCEL AKIM
  • Previous Owner 2: YUCEL BAKTYGUL
  • Owner Before Previous Owner: MANN ALVIN P
  • Owner Before Previous Owner 2: MANN HEATHER M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804312

Geography

  • District: 18
  • Parcel: 06-09-302-002-0000
  • Lot: 41
  • Meridian: SEC 09 TWN 41N RNG 9E
  • Municipality: HANOVER
  • Latitude: 42.0534
  • Longitude: -88.2155

    Address

  • Full Address: 5405 Mallard Ln
  • Address - House Number: 5405
  • Address - Street Name: Mallard
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C002
  • 4-Digit Zip Code: 4562
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,694
  • Tax Rate Code Area: 18039

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 507,150
  • High Value: 622,952
  • Low Value: 391,347

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $381,375
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 04, 2023
  • First Open Lien Mortgage Loan Amount: $381,375
  • 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: Dec 01, 2053

    Market Valuation

  • Market Total Value: $390,010
  • Market Land Value: $118,760
  • Market Improvement Value: $271,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,001
  • Assessed Land Value: $11,876
  • Assessed Improvements Value: $27,125

    Sales

  • Current Sale Contract Date: Nov 27, 2023
  • Current Sale Recording Date: Dec 04, 2023
  • Current Sale Transaction ID: 11917232698
  • Current Sale Price: $565,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 33420
  • Previous Sale Recording Date: Nov 16, 2021
  • Previous Sale Contract Date: Nov 04, 2021
  • Previous Sale Amount: $499,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 04, 2023
  • First Mortgage Loan Amount: $381,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: KEY MORTGAGE SERVICES INC
  • Previous Mortgage Transaction Date: Nov 16, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $474,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2051

About Hoffman Estates



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Frequently Asked Questions

What neighborhood is 5405 Mallard Lane located in?
The 5405 Mallard Lane is a located in the neighborhood of Hanover in Hoffman Estates, Hoffman Estates.
What is the average sales price for listings in 5405 Mallard Lane?
The average sales price for units in 5405 Mallard Lane is $0 currently.

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