Check Availability

740 Hearth Drive

740 Hearth Drive, Hanover Park, IL 60133
Townhouse in Schaumburg
Sold Feb 09, 2022
Transfer
$213,400 by Platinum Home Mortgage Corp
Mortgage Due Feb 01, 2052
Sold Nov 09, 2020
$190,000
$180,500 by A & N Mortgage Services Inc
Mortgage Due Sep 01, 2035
Local assessors in Hanover Park, IL have categorized 740 Hearth Drive as a residential type of property. The home was built in 1979 and is 45 years old. The property's lot size has been calculated to be 2,169 square feet. The linear feet between the front and back of the lot was measured at 800 ft and the front of the lot was measured at 270 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 740 Hearth Drive has a total of 1,173 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $190,000 in Aug 27, 2020. Current property owners are expected to pay $5,565 in taxes per year. The property on 740 Hearth Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $18,000. To break that down further, the land itself was valued at $3,000. While improvements to the property were assessed at a total of $15,000. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Modern
  • 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: 1

    Dimensions

  • Lot Size Square Feet: 2,169
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 270
  • Total Building Area: 1,173
  • Gross Building Area: 1,173
  • Building Area: 1,173
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,173
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LIBERTY SQUARE UNIT4
  • Land Acres: 0.05
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: (LIBERTY) (SQUARE) (UNIT4) BEING SUB OF PT OF SW SEC2 9 & PT OF SE SEC30 SE SEC 30-41-10

Ownership

  • Current Owner : GRANATA HEATHER ERIN
  • Previous Owner : OROZALIEV SANZHAR
  • Previous Owner 2: MAMYKULOVA ZHIBEK
  • Owner Before Previous Owner: MARSA HOLDINGS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804807

Geography

  • District: 35
  • Parcel: 07-29-311-016-0000
  • Block: 44
  • Lot: 8
  • Meridian: SEC 30 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0077
  • Longitude: -88.129

    Address

  • Full Address: 740 Hearth Dr
  • Legal Unit: 4
  • Address - House Number: 740
  • Address - Street Name: Hearth
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hanover Park
  • Carrier Code: C011
  • 4-Digit Zip Code: 2711
  • Zip Code: 60133

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,565
  • Tax Rate Code Area: 35035

    Appraisal Valuation

  • Standard Deviation: 0.2193
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 248,384
  • High Value: 302,867
  • Low Value: 193,902

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $213,400
  • First Open Lien Mortgage Lender: PLATINUM HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Feb 09, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $213,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $30,000
  • Market Improvement Value: $150,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $15,000

    Sales

  • Current Sale Contract Date: Jan 25, 2022
  • Current Sale Recording Date: Feb 09, 2022
  • Current Sale Transaction ID: 11886626924
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2204021562
  • Previous Sale Recording Date: Nov 09, 2020
  • Previous Sale Contract Date: Aug 27, 2020
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLATINUM HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Feb 09, 2022
  • First Mortgage Loan Amount: $213,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Feb 01, 2052

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: A & N MORTGAGE SERVICES INC
  • Previous Mortgage Transaction Date: Nov 09, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $180,500
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2035

About Hanover Park



Similar Buildings

Townhouse at 740 Hearth Drive,

7618 Hearth Drive

  • 1 Unit for Sale
7618 Hearth Drive, Hanover Park, IL 60133
Townhouse at 740 Hearth Drive,

1801 West Wise Road

  • 1 Unit for Sale
1801 West Wise Road, Schaumburg, IL 60193
Townhouse at 740 Hearth Drive,

1630 Hartmann Drive

  • 1 Unit for Sale
1630 Hartmann Drive, Schaumburg, IL 60193
Townhouse at 740 Hearth Drive,

7604 Cumberland Drive

  • 1 Unit for Sale
7604 Cumberland Drive, Hanover Park, IL 60133
Townhouse at 740 Hearth Drive,

1027 South Springinsguth Road

  • 1 Unit for Sale
1027 South Springinsguth Road, Schaumburg, IL 60193
Townhouse at 740 Hearth Drive,

313 South Springinsguth Road

  • 1 Unit for Sale
313 South Springinsguth Road, Schaumburg, IL 60193
Townhouse at 740 Hearth Drive,

1966 Gary Court

  • 1 Unit for Sale
1966 Gary Court, Schaumburg, IL 60193

Nearby Rentals

Unit for rent at 786 Verandah Drive, Hanover Park, IL, 60133

$3,000 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,899 ft²
786 Verandah Drive, Hanover Park, IL, 60133 Listing by Puneet Kapoor
Unit for rent at 1171 Saylesville Lane, Schaumburg, IL, 60193

$3,100 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,037 ft²
1171 Saylesville Lane, Schaumburg, IL, 60193 Listing by Abhijit Leekha

Frequently Asked Questions

What neighborhood is 740 Hearth Drive located in?
The 740 Hearth Drive is a townhouse located in the neighborhood of Schaumburg in Hanover Park, Hanover Park.
What is the average sales price for listings in 740 Hearth Drive?
The average sales price for units in 740 Hearth Drive is $190,000 , or $162/sqft. currently.

Quantcast