NOT LISTED FOR SALE

1587 Essex Dr Hoffman Estates, IL 60192

West Hoffman Estates Neighborhood

Estimated Value: $649,845 - $723,000

4 Beds
3 Baths
3,587 Sq Ft
$190/Sq Ft Est. Value

About This Home

This home is located at 1587 Essex Dr, Hoffman Estates, IL 60192 and is currently estimated at $679,961, approximately $189 per square foot. 1587 Essex Dr is a home located in Cook County with nearby schools including Timber Trails Elementary School, Larsen Middle School, and Elgin High School.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2018
Sold by
Bought by
Current Estimated Value
$679,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Outstanding Balance
$188,214
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$491,747

Purchase Details

Closed on
Mar 21, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,317
Interest Rate
8.87%
Mortgage Type
Fannie Mae Freddie Mac
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.

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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.

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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.

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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.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title
$325,000 Pntn
$569,500 Stewart Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $226,000
Previous Owner $260,000
Previous Owner $455,317
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,114 $60,000 $8,506 $51,494
2024 $13,114 $46,000 $7,000 $39,000
2023 $12,769 $46,000 $7,000 $39,000
2022 $12,769 $46,000 $7,000 $39,000
2021 $11,818 $36,150 $1,772 $34,378
2020 $12,786 $36,150 $1,772 $34,378
2019 $12,643 $40,167 $1,772 $38,395
2018 $14,490 $41,897 $1,417 $40,480
2017 $14,352 $41,897 $1,417 $40,480
2016 $13,401 $41,897 $1,417 $40,480
2015 $13,513 $38,790 $1,063 $37,727
2014 $13,280 $38,790 $1,063 $37,727
2013 $12,871 $38,790 $1,063 $37,727
Source: Public Records

Map

Illinois Cook County Hoffman Estates 60120 West Hoffman Estates

1587 Essex Dr, Hoffman Estates, IL

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.

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