When was property at 550 Milton Lane built and last sold?

The property at 550 Milton Lane was built in 1960 and last sold on May 14, 2018 for $302,500.

How much is this home worth?

The estimated value of the home located at 550 Milton Lane is $219,787.

What are some comparable homes to 550 Milton Lane?

There are currently no comparable homes to 550 Milton Lane.

Hoffman Estates

60169

550 MILTON Lane

$330,000

● House - Off Market

550 MILTON Lane

HOFFMAN ESTATES, IL 60169

4 Beds

3 Baths

2,019 Ft²

$618,678

RealtyHop Estimate

87.48%

Since Jul 1, 2008

National-US

Primary Model

About This Property

TOTALLY REDONE SPRAWLING RANCH IN A GREAT NEIGHBORHOOD TO CALL HOME! NEW MASTER BD ROOM AND MASTER BATH! TOTAL OF 4 BDROOMS & 3 FULL BATHS ALL NEW AND ALL CERAMIC TILE WITH NEW FIXTURES AND VANITIES SOLID SURF. & GRANITE. KITCHEN HAS MAPLE CABINETS, GRANITE, SS APPL. NEW WHITE OAK HARDWARD FLOORS, NEW CARPET IN FAMILY ROOM AND MASTER BEDROOM, ALL OTHER ROOMS ARE HW.

Unit Size

2,019 Ft²

Days on Market

Land Size

Price per sqft

$163

Property Type

House

Property Taxes

$146

HOA Dues

Year Built

1960

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Property Highlights

Air Conditioning

Garage

Parking Available

Fireplace

Building Info

Overview

General

Year Built: 1960

Effective Year Built: 1960
Building Count: 1
Total Rooms: 8
Bedroom Count: 4
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 11
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 11
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 10,010

Total Building Area: 2,019
Gross Building Area: 2,019
Building Area: 2,019
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 24
Heated Square Feet: 2,019
Heating Fuel Type: 0

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: HOFFMAN ESTATES VII
Land Acres: 0000000230
Standard Land Use Code: 1001
County Land Use Code: 2-04
Legal Description 1: (HOFFMAN)(ESTATES)(VII) SUB OF PT SE SEC 16-41-10

Neighborhood

School District Name: Schaumburg Community Consolidated School District 54

Census Tract: 804709

Geography

District: 35

Parcel: 07-16-418-017-0000
Block: 102
Lot: 17
Meridian: SEC 16 TWN 41N RNG 10E
Municipality: SCHAUMBURG
Latitude: 42.0348
Longitude: -88.0931

Address

Full Address: 550 Milton Ln

Address - House Number: 550
Address - Street Name: Milton
Address - Suffix Type: Ln
State: IL
City Name: Hoffman Estates
Carrier Code: C047
4-Digit Zip Code: 3117
Zip Code: 60169

Valuation

Tax

Tax Year: 2022

Tax Amount: $759,686
Tax Rate Code Area: 35013

Appraisal Valuation

Standard Deviation: 0.2252

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 398,134
High Value: 487,828
Low Value: 308,440

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $290,000

Market Land Value: $60,060
Market Improvement Value: $229,940

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $29,000
Assessed Land Value: $6,006
Assessed Improvements Value: $22,994

Sales

Current Sale Contract Date: May 14, 2018

Current Sale Recording Date: Jun 19, 2018
Current Sale Price:

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Current Sale Document Type: 71
Current Sale Input Document Number: 1817006003
Previous Sale Recording Date: Oct 20, 2017
Previous Sale Contract Date: Sep 22, 2017
Previous Sale Amount: $195,000
Previous Sale Document Type: 71

Last Sale Mortgage

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Hoffman Estates

Stats & Trends

Median Asking:

$410,000

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

Average Home Size

1630 ft²

Average Home Age

43.3 years

Currently For Sale

73 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 102 Tonset Court, Schaumburg, IL, 60193

$1,950 /mo

2 Beds
1 Bath
1,000 ft²

102 Tonset Court #102, Schaumburg, IL, 60193 Listing by Mary Myzia

Unit for rent at 1077 Dickens Way, Schaumburg, IL, 60193

$1,550 /mo

2 Beds
1 Bath
800 ft²

1077 Dickens Way #C, Schaumburg, IL, 60193 Listing by Saverino Carrozza

Unit for rent at 707 Sunfish Point, Schaumburg, IL, 60194

$1,950 /mo

2 Beds
1 Bath

707 Sunfish Point #707, Schaumburg, IL, 60194 Listing by Omar Azam

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Dawn Stavropoulos, ABR,CNC, Z Way Realty Inc
Data Source: MRED, MLS# MRD06671705

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.

550 MILTON Lane

About This Property

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Hoffman Estates

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions