See Home Value
$410,000
● House - Off Market

580 NEWARK Lane

Hoffman Estates, IL 60169
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,205 Ft²
$2,762
Est. Monthly

About This Property

This is the most beautifully remodeled ranch home in Hoffman Estates, where quality craftsmanship, thoughtful design, and modern comfort come together seamlessly. Situated on an oversized lot with professional landscaping, this move-in-ready 3 bed, 2 bath home offers the perfect blend of style, function, and convenience.   Open floor plan features luxury vinyl flooring throughout, neutral paint, designer finishes, recessed LED lighting, updated ceiling fans, and abundant natural light. The stunning kitchen showcasing custom two-tone birch wood cabinetry, premium quartz countertops, a spacious pantry with pull-out shelving, Bosch 800 Series dishwasher, Samsung stainless steel appliances with high end fridge, and a motion-sensor Moen faucet.   The spacious primary suite offers a custom oversized shower, floor-to-ceiling marble accents, Hansgrohe fixtures, Cristallo quartzite vanity, LED anti-fog medicine cabinet, and custom glass enclosure. 2nd bath includes a luxurious insulated Kalista soaking tub, custom quartz surround, Cristallo stone countertop, and designer finishes throughout.   Updated electrical service with a new breaker panel, new copper plumbing, additional outlets throughout, newer windows, and an enlarged window in the third bedroom or home office that fills the space with natural light. Solid-core doors, craftsman-style trim, custom closet systems, and thoughtful storage solutions add both beauty and functionality.   Outside, enjoy the expanded double-width driveway, new sidewalk connecting the front and backyard, mature landscaping, raised beds, privacy screening, decorative stonework, and numerous perennial plantings creating a cozy outdoor retreat.  Located within the highly acclaimed Schaumburg School District and just minutes from parks, shopping, dining, Woodfield Mall, I-90, Route 53, and everyday conveniences, this exceptional home offers an outstanding lifestyle in a prime location. With over $100k invested in renovations and improvements, every detail has been carefully selected and beautifully executed, making this a rare turnkey opportunity!
Unit Size
1,205 Ft²
Days on Market
-
Land Size
-
Price per sqft
$349
Property Type
House
Property Taxes
$699
HOA Dues
-
Year Built
1959

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Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • 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: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,505
  • Lot Size Depth Feet: 860
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 1,205
  • Gross Building Area: 1,205
  • Building Area: 1,205
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,205
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOFFMAN ESTATES V
  • Land Acres: 0000000264
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (HOFFMAN) ESTATES (V) SUB OF PT OF WH NW SEC22 & PT O F EH NE SEC 21-41-10

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804710

Geography

  • District: 35
  • Parcel: 07-21-202-010-0000
  • Block: 77
  • Lot: 1
  • Meridian: SEC 21 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0321
  • Longitude: -88.0943

    Address

  • Full Address: 580 Newark Ln
  • Address - House Number: 580
  • Address - Street Name: Newark
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C058
  • 4-Digit Zip Code: 3167
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $772,171
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 327,495
  • High Value: 406,637
  • Low Value: 248,352

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $69,030
  • Market Improvement Value: $190,970

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $6,903
  • Assessed Improvements Value: $19,097

    Sales

  • Current Sale Contract Date: May 09, 2008
  • Current Sale Recording Date: May 15, 2008
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0813611136
  • Previous Sale Recording Date: Sep 18, 2006
  • Previous Sale Contract Date: Aug 08, 2006
  • Previous Sale Amount: $261,000
  • Previous Sale Document Type: 27
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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Unit for rent at 225 Bode Road, Hoffman Estates, IL, 60169

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Frequently Asked Questions

When was property at 580 Newark Lane built and last sold?
The property at 580 Newark Lane was built in 1959 and last sold on May 9, 2008 for $207,500.
How much is this home worth?
The estimated value of the home located at 580 Newark Lane is $418,066.
What are some comparable homes to 580 Newark Lane?
There are currently no comparable homes to 580 Newark Lane.