See Home Value
$525,000
● House - Off Market

845 Park Drive

Hoffman Estates, IL 60192
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,600 Ft²
$3,359
Est. Monthly
6.22%
Cap Rate

About This Property

Outstanding Home! One of A Kind Dream Location!! Absolutely gorgeous private lot W/A Spectacular View of a Lovely Park and Picturesque Tree lined area! Excellent Curb Appeal, plus lovely curved walkway greets you to the entry porch. 4 Large Bedrooms & 3 Full Baths - encompassing approximately 2600 Sq Ft over 2 meticulously maintained levels!  Large Open Foyer W/Updated Entry Door, 2 Staircases and updated patio door W/view of private, beautifully landscaped yard. Expansive Living Room W/Hardwood Floors, Recessed Lighting and view of park.  Full Size Dining Room W/Hardwood Floors & view of park. Exceptional Updated & Expanded Kitchen W/42" Custom Cabinets, Center Island, Quartz Counters, Fabulous Design Backsplash, Recessed Lighting and SS Appliances. Secluded Master Suite W/Hardwood Laminate Flooring, Walk-In Closet, Ceiling Fan and Private Full Bath!  2 Additional Upper Level Bedrooms W/Hardwood Laminate Flooring & Ceiling Fans. Impressive Updated Full Hall Bath includes Custom High Height Vanity.  Massive Lower Level Family Room/Game Room W/Strikingly Beautiful Oversized Stone gas log Fireplace and Newer Neutral Carpeting. Great Size Lower Level 4th Bedroom W/Large closet. Ideal Lower Level Full Bath is completely updated. Enormous Utility/Storage Area, plus an additional Large Storage Room that can also be used as a Toy Room, Craft Area, Small Ofc, etc. Nize Size Patio in a pretty, private yard. Beautifully Landscaped lot and yard.Updated Siding, Updated Electrical Panel, Most Windows are Updated, New Furnace and Central Air - July 2023! Award Winning District 15 Elementary Schools and Fremd High School. Minutes to 2 Train Stations, Shopping, Several Parks, Park District Recreation Center, Forest Preserves and I-90 Access.  This home is very special. So charming, maintained to perfection and a breathtaking view!  Come fall in love!
Unit Size
2,600 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$202
Property Type
House
Property Taxes
$781
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #12134780)

Price History

Date / Event Date Event Price
Sep 19, 2024 Sold
Sold
Aug 13, 2024 In contract -
In contract
Aug 9, 2024 Listed by RE/MAX Suburban $524,900
Listed by RE/MAX Suburban

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • 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: 16,200
  • Total Building Area: 1,442
  • Gross Building Area: 1,442
  • Building Area: 1,442
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,442
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINSTON KNOLLS UNIT2
  • Land Acres: 0000000372
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (WINSTON)(KNOLLS)(UNIT2) SUB OF PTS SEC. 19,29-30 & SEC 20-42-10

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 804104

Geography

  • District: 29
  • Parcel: 02-20-303-014-0000
  • Block: 1
  • Lot: 14
  • Meridian: SEC 20 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1018
  • Longitude: -88.1005

    Address

  • Full Address: 845 Park Ln
  • Legal Unit: 2
  • Address - House Number: 845
  • Address - Street Name: Park
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C034
  • 4-Digit Zip Code: 1423
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $973,203
  • Tax Rate Code Area: 29082

    Appraisal Valuation

  • Standard Deviation: 0.2176
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 440,013
  • High Value: 535,766
  • Low Value: 344,261

    Market Valuation

  • Market Total Value: $390,000
  • Market Land Value: $145,800
  • Market Improvement Value: $244,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,000
  • Assessed Land Value: $14,580
  • Assessed Improvements Value: $24,420

    Sales

  • Current Sale Contract Date: Aug 25, 1999
  • Current Sale Recording Date: Sep 14, 1999
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 99868326
  • Previous Sale Recording Date: Dec 05, 1995
  • Previous Sale Contract Date: Jun 27, 1995
  • Previous Sale Amount: $176,500
  • Previous Sale Document Type: 71
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


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4891 Turnberry Drive, Hoffman Estates, IL, 60010

$3,450 /mo

  • 3 Beds
  • 2 Baths
  • 1,999 ft²
4891 Turnberry Drive, Hoffman Estates, IL, 60010 Listing by Paras Pahade


Frequently Asked Questions

When was property at 845 Park Lane built and last sold?
The property at 845 Park Lane was built in 1971 and last sold on Aug 25, 1999 for $234,000.
How much is this home worth?
The estimated value of the home located at 845 Park Lane is $0.
What are some comparable homes to 845 Park Lane?
There are currently no comparable homes to 845 Park Lane.