NOT LISTED FOR SALE

1550 Chesapeake Dr Hoffman Estates, IL 60192

South Ridge Neighborhood

Estimated Value: $558,685 - $600,000

4 Beds
3 Baths
2,355 Sq Ft
$244/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $390,000 $166 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,862/month

21 Days on Market

Highlights

  • Landscaped Professionally
  • Property is near park
  • Brick Porch or Patio
  • Thomas Jefferson Elementary School Rated A-
  • Walk-In Pantry
  • 2-minute walk to South Ridge Lake Park

About This Home

As of September 2020

Once in a Lifetime Gorgeous Location!!! Backs to Park W/View of Lake! Absolutely Lovely & Immaculate 2-Story W/Basement! Over 2300 Sq Ft. Award Winning Fremd High School & District 15 Elementary Schools! Meticulously Maintained to perfection W/Neutral Decor T/O! Large Rooms Throughout! Updated Kitchen W/Cherry Cabinets, Granite Counters, Bay Eating area & Ceramic Flooring. All 3 Baths Tastefully Updated!! Entertainment Size Living Room W/Bay Area and Formal Size Dining Room W/Hardwood Floors. Huge Family Room W/Cozy Fireplace and Wet Bar Area. Awesome secluded Master Suite W/Updated Private Bath, Dressing Area & Walk-In Closet. Basement is ready for your finishing touches. Beautiful Custom Paver Patio. Updated Windows T/O, Furnace, Central Air, Roof & Siding- approx 2012. Hot water Heater & Sump Pump -2020. Breaktaking, Expansive views of park & lake from most rooms! Minutes to 2 Trains, Preserves, I-90 Access, Branch Library, etc. This home and location are what dreams are made of!!

Last Agent to Sell the Property

Terri Hunt Team

RE/MAX Suburban License #471010660 Listed on: 07/16/2020

RE/MAX Suburban

Co-Listed By

Justin Hunt

RE/MAX Suburban License #475138768

Last Buyer's Agent

Susan Camiliere

RE/MAX Liberty License #471006045

RE/MAX Liberty

Home Details

Home Type

  • Single Family

Year Built

  • 1980

Lot Details

  • 10,454

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Wet Bar
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Brick Porch or Patio
  • Landscaped Professionally
  • Property is near park

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1980

Lot Details

10,454 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Interstate Access
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1980
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Interior Property Features: Bar-Wet, 1st Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 8
  • Living Room: Dimensions: 16X14, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Starter
  • Attic: Full, Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 5X3, On Level: Main Level, Flooring: Other
  • Dining Room: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 15X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Foyer, Dimensions: 12X7, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 15X11, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 4: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 2355
  • Dining Room Type: Separate
  • Family Room: Dimensions: 23X14, On Level: Main Level, Flooring: Carpet, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch, Brick Paver Patio, Storms/Screens
  • Acreage: 0.246

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 2355

Schools

  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 163X114X122X27X36
  • Lot Description: Landscaped Professionally, Park Adjacent
  • Parcel Identification Number: 02193280320000

Tax Info

  • Taxes: 8834.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Sep 22, 2020
Sold by
Chernich William J and Chernich Phyllis J
Bought by
Watkins Stewart W and Watkins Katrina M
Seller's Agent
Terri Hunt Team
RE/MAX Suburban
Buyer's Agent
Susan Camiliere
RE/MAX Liberty
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Current Estimated Value
$573,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,671
Avg. Annual Appreciation
7.34%
Original Mortgage
$370,500
Interest Rate
9.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Watkins Stewart W $390,000 Precision Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watkins Stewart W $370,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $390,000 -2.5% $166 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $399,900 -- $170 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,913 $52,001 $11,245 $40,756
2024 $10,913 $35,119 $9,638 $25,481
2023 $11,431 $42,000 $9,638 $32,362
2022 $11,431 $42,000 $9,638 $32,362
2021 $9,879 $32,831 $6,693 $26,138
2020 $8,923 $32,831 $6,693 $26,138
2019 $8,834 $36,399 $6,693 $29,706
2018 $9,803 $37,125 $6,157 $30,968
2017 $9,653 $37,125 $6,157 $30,968
2016 $9,986 $38,886 $6,157 $32,729
2015 $8,320 $31,267 $5,622 $25,645
2014 $8,732 $33,038 $5,622 $27,416
2013 $8,480 $33,038 $5,622 $27,416
Source: Public Records

Agents Affiliated with this Home

  • Terri Hunt Team

    Seller's Agent in 2020

    Terri Hunt Team

    RE/MAX Suburban

    (847) 961-5000

    67 in this area

    187 Total Sales

    Terri Hunt Team
    Section Image
  • Justin Hunt

    Seller Co-Listing Agent in 2020

    Justin Hunt

    RE/MAX Suburban

    (847) 445-2415

    33 in this area

    104 Total Sales

    Justin Hunt
    Section Image
  • Susan Camiliere

    Buyer's Agent in 2020

    Susan Camiliere

    RE/MAX Liberty

    (312) 504-7355

    148 Total Sales

    Susan Camiliere
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10784093

Midwest Real Estate Data (MRED)

APN: 02-19-328-032-0000

Illinois Cook County Hoffman Estates 60192 South Ridge

1550 Chesapeake Dr, Hoffman Estates, IL

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.