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6520 Hoffman Terrace

6520 Hoffman Terrace, Morton Grove, IL 60053
Property in Niles
Sold Apr 21, 2021
$528,000
$395,906 by Uif Corporation
Mortgage Due May 01, 2051
Sold Jul 30, 2012
$420,000
$210,000 by Guaranteed Rate Inc
Mortgage Due Aug 01, 2042
6520 Hoffman Terrace has been categorized by the local assessors in Morton Grove, IL as a residential type of property. The building on the property was first built in 1983 and is 41 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 6520 Hoffman Terrace has 3,045 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,986 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Apr 9, 2021 for $528,000. That's $173.40 per sqft. Prior to that sales transaction, the property was also sold in Jul 17, 2012 for $420,000. 6520 Hoffman Terrace was last assessed in 2023. The total value of the property was assessed at $51,984. Specifically, the land the property is located on was valued at $11,180. While improvements on the property were assessed at a total of $40,804. 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 $12,621. 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. 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: 1983
  • Effective Year Built: 1983
  • 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: Masonry
  • Exterior Walls Type: Masonry
  • 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: 7,986
  • Total Building Area: 3,045
  • Gross Building Area: 3,045
  • Building Area: 3,045
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,045
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VAMSTD SUB
  • Land Acres: 0.183
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (VAMSTD) SUB BNG SUB OF PT OF LTS2&3 IN ASSESSORS DIV N OF NE SEC 18-41-13

Ownership

  • Current Owner : ANSARI AFFAN AHMED
  • Current Owner 2: RAUF MARIAH
  • Previous Owner : TU GARY
  • Previous Owner 2: TU ANNA
  • Owner Before Previous Owner: COHEN MAUREEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Golf Elementary School District 67
  • Census Tract: 808400

Geography

  • District: 24
  • Parcel: 10-18-215-043-0000
  • Lot: 2,3
  • Meridian: SEC 18 TWN 41N RNG 13E
  • Municipality: NILES
  • Latitude: 42.0533
  • Longitude: -87.7893

    Address

  • Full Address: 6520 Hoffman Ter
  • Address - House Number: 6520
  • Address - Street Name: Hoffman
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Morton Grove
  • Carrier Code: C008
  • 4-Digit Zip Code: 1414
  • Zip Code: 60053

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,621
  • Tax Rate Code Area: 24019

    Appraisal Valuation

  • Standard Deviation: 0.2259
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 653,494
  • High Value: 801,166
  • Low Value: 505,822

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $395,906
  • First Open Lien Mortgage Lender: UIF CORPORATION
  • First Open Lien Mortgage Recording Date: Apr 21, 2021
  • First Open Lien Mortgage Loan Amount: $395,906
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $519,840
  • Market Land Value: $111,800
  • Market Improvement Value: $408,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,984
  • Assessed Land Value: $11,180
  • Assessed Improvements Value: $40,804

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: Apr 21, 2021
  • Current Sale Transaction ID: 11831908193
  • Current Sale Price: $528,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2111107361
  • Previous Sale Recording Date: Jul 30, 2012
  • Previous Sale Contract Date: Jul 17, 2012
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UIF CORPORATION
  • First Mortgage Transaction Date: Apr 21, 2021
  • First Mortgage Loan Amount: $395,906
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Jul 30, 2012
  • Previous Mortgage Loan Amount: $210,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2042

About Morton Grove



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Frequently Asked Questions

What neighborhood is 6520 Hoffman Terrace located in?
The 6520 Hoffman Terrace is a located in the neighborhood of Niles in Morton Grove, Morton Grove.
What is the average sales price for listings in 6520 Hoffman Terrace?
The average sales price for units in 6520 Hoffman Terrace is $0 currently.

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