See Home Value
Hoffman Estates 60169
785 Cambridge Lane
$455,101
● House - Off Market

785 Cambridge Lane

Hoffman Estates, IL 60169
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,353 Ft²
$2,918
Est. Monthly
7.46%
Cap Rate

About This Property

Welcome to your beautifully updated 4 bed, 2 bath raised ranch on a prime lot in Hoffman Estates. If you're looking for move-in ready, this is it! The long term owners updated everything. The kitchen boasts newer stainless steel appliances, custom 42" cabinetry, and Silestone countertops. Elegant wood flooring spans the main level, leading to three bedrooms featuring custom California Closets with automatic lights. The fully updated bathroom offers double sinks and modern finishes. Enjoy extensive recessed lighting throughout. The lower level showcases newer wood laminate flooring, a custom fireplace with a floor-to-ceiling mantle, custom cabinetry, and a mini-fridge. All windows have been replaced with Feldco windows, and the HVAC system includes a newer condenser. The property also includes a 2-car garage and a concrete driveway with space for four additional cars. Outside, the fenced backyard features a large shed, tasteful landscaping, and mature maple trees for privacy and shade. A synthetic Trex deck offers a perfect spot for al fresco dining, while a concrete patio wraps around to the side of the home. Thoughtfully placed large arborvitae and a retaining wall in the front add to the curb appeal and privacy. Outdoor enthusiasts will love the nearby parks and forest preserves, including Vogeli Park just a short walk away. The home is conveniently located with quick highway access and numerous shopping and dining options. It's also just a 2-minute drive to Hoffman Estates High School. Don't miss out on this gem!
Unit Size
2,353 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$189
Property Type
House
Property Taxes
$732
HOA Dues
-
Year Built
1966

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11947325)

Price History

Date / Event Date Event Price
Jul 29, 2024 Sold
Sold
May 29, 2024 Listed by Compass $445,000
Listed by Compass

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,235
  • Total Building Area: 1,176
  • Gross Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLANDS AT HOFFMAN ESTATES XIX
  • Land Acres: 0000000212
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (HIGHLANDS) AT (HOFFMAN) ESTATES (XIX) SUB OF PT OF W H SE SEC 09-41-10

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804713

Geography

  • District: 35
  • Parcel: 07-09-421-016-0000
  • Block: 191
  • Lot: 16
  • Meridian: SEC 09 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.052
  • Longitude: -88.0988

    Address

  • Full Address: 785 Cambridge Ln
  • Address - House Number: 785
  • Address - Street Name: Cambridge
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C060
  • 4-Digit Zip Code: 4826
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $878,484
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 347,688
  • High Value: 436,529
  • Low Value: 258,846

    Market Valuation

  • Market Total Value: $330,000
  • Market Land Value: $55,410
  • Market Improvement Value: $274,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,000
  • Assessed Land Value: $5,541
  • Assessed Improvements Value: $27,459

    Sales

  • Current Sale Contract Date: Sep 11, 1996
  • Current Sale Recording Date: Sep 17, 1996
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 96711266

    Financing

  • First Mortgage Financing Type: VAR
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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Nearby Rentals

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Unit for rent at 2010 Carleton Road, Hoffman Estates, IL, 60169

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2010 Carleton Road, Hoffman Estates, IL, 60169 Listing by Judi Rentas
Unit for rent at 601 Willington Drive, Schaumburg, IL, 60194

$3,300 /mo

  • 3 Beds
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601 Willington Drive, Schaumburg, IL, 60194 Listing by Sohail Salahuddin


Frequently Asked Questions

When was property at 785 Cambridge Lane built and last sold?
The property at 785 Cambridge Lane was built in 1966 and last sold on Sep 11, 1996 for $162,000.
How much is this home worth?
The estimated value of the home located at 785 Cambridge Lane is $454,439.
What are some comparable homes to 785 Cambridge Lane?
There are currently no comparable homes to 785 Cambridge Lane.