When was property at 7022 Meadowbrook Lane built and last sold?

The property at 7022 Meadowbrook Lane was built in 1966 and last sold on Apr 26, 2023 for $340,000.

How much is this home worth?

The estimated value of the home located at 7022 Meadowbrook Lane is $335,490.

What are some comparable homes to 7022 Meadowbrook Lane?

There are currently no comparable homes to 7022 Meadowbrook Lane.

Hanover Park

60133

7022 Meadowbrook Lane

$340,000

● House - Off Market

7022 Meadowbrook Lane

Hanover Park, IL 60133

4 Beds

2 Baths

1,973 Ft²

$335,648

RealtyHop Estimate

1.74%

Since May 1, 2023

National-US

Primary Model

About This Property

Expanded 4 bedroom 2 bath ranch with many new updates! Bright living room with big picture window. Updated kitchen with abundance of maple 42 inch cabinets, pull out shelving & dividers, pantry, planning desk, & new wood laminate flooring (2023). Huge family room addition with storage. The primary bedroom features double closets & full bath updated in 2019 with a walk-in shower. Laundry room features large utility sink & newer washer/ dryer. New water heater in 2020. New roof in 2017. Dual zoned furnace/ AC. Attached garage & double wide concrete driveway new in 2018. Beautiful fenced in yard where you will enjoy relaxing & entertaining on the large deck. Mature trees offer lots of shade. Shed for extra storage & a play area. Convenient location near shopping & restaurants. Excellent school district 54 & 211.

Unit Size

1,973 Ft²

Days on Market

Land Size

0.18 acres

Price per sqft

$167

Property Type

House

Property Taxes

$503

HOA Dues

Year Built

1966

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11733095)

Price History

Date / Event	Date	Event
Apr 14, 2023	Sold	Premium
Sold
Mar 8, 2023	Listed by Royal Family Real Estate	$329,900
Listed by Royal Family Real Estate

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1966

Effective Year Built: 1966
Building Count: 1
Total Rooms: 7
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 6
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: 7,800

Lot Size Depth Feet: 1,200
Lot Size Frontage Feet: 650
Total Building Area: 1,577
Gross Building Area: 1,577
Building Area: 1,577
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 24
Heated Square Feet: 1,577
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: HANOVER HIGHLANDS UNIT4
Land Acres: 0000000179
Standard Land Use Code: 1001
County Land Use Code: 2-03
Legal Description 1: (HANOVER) (HIGHLANDS) (UNIT4) SUB OF PT NE SEC31 & SE SEC30 NE SEC 31-41-10

Neighborhood

School District Name: Schaumburg Community Consolidated School District 54

Census Tract: 804804

Geography

District: 35

Parcel: 07-31-209-025-0000
Block: 24
Lot: 25
Meridian: SEC 31 TWN 41N RNG 10E
Municipality: SCHAUMBURG
Latitude: 41.9998
Longitude: -88.1333

Address

Full Address: 7022 Meadowbrook Ln

Legal Unit: 4
Address - House Number: 7022
Address - Street Name: Meadowbrook
Address - Suffix Type: Ln
State: IL
City Name: Hanover Park
Carrier Code: C004
4-Digit Zip Code: 6421
Zip Code: 60133

Valuation

Tax

Tax Year: 2022

Tax Amount: $689,405
Tax Rate Code Area: 35022

Appraisal Valuation

Standard Deviation: 0.2283

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 351,569
High Value: 431,856
Low Value: 271,282

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $260,000

Market Land Value: $50,700
Market Improvement Value: $209,300

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $26,000
Assessed Land Value: $5,070
Assessed Improvements Value: $20,930

Sales

Current Sale Contract Date: Apr 26, 2023

Current Sale Recording Date: Apr 26, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 29195

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

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

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Comparables

About Hanover Park

Stats & Trends

Median Asking:

$349,600

Sale Price/ft²

$232

Below Asking

0.01%

Average Days on Market

Average Home Size

1407 ft²

Average Home Age

49 years

Currently For Sale

45 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 1329 Elm Drive, Schaumburg, IL, 60194

$3,150 /mo

4 Beds
1 Bath
1,706 ft²

1329 Elm Drive, Schaumburg, IL, 60194 Listing by Anzhalika Tkachenka

Unit for rent at 101 Emerson Drive, Schaumburg, IL, 60193

$3,200 /mo

3 Beds
2 Baths
1,686 ft²

101 Emerson Drive, Schaumburg, IL, 60193 Listing by Elizabeth Czech

Unit for rent at 515 Falmouth Lane, Schaumburg, IL, 60193

$3,200 /mo

3 Beds
2 Baths
1,144 ft²

515 Falmouth Lane, Schaumburg, IL, 60193 Listing by Rony Khezeran

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Royal Hartwig, Royal Family Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11733095

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.

7022 Meadowbrook Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Hanover Park

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions