1600 Mccormack Dr Hoffman Estates, IL 60169
High Point Park NeighborhoodEstimated Value: $577,000 - $601,000
4
Beds
3
Baths
2,475
Sq Ft
$239/Sq Ft
Est. Value
About This Home
This home is located at 1600 Mccormack Dr, Hoffman Estates, IL 60169 and is currently estimated at $590,722, approximately $238 per square foot. 1600 Mccormack Dr is a home located in Cook County with nearby schools including John Muir Literacy Academy, Dwight D Eisenhower Junior High School, and Hoffman Estates High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 3, 2002
Sold by
Chin Donald L and Chin Elizabeth R
Bought by
Shearer Susan E and Gerhardt Glen P
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$123,521
Interest Rate
7%
Estimated Equity
$467,201
Purchase Details
Closed on
Jul 7, 1999
Sold by
Huang Jin and Zhang Bin
Bought by
Chin Donald L and Chin Elizabeth R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.28%
Purchase Details
Closed on
Feb 20, 1996
Sold by
Lasalle National Trust Na
Bought by
Huang Jin and Zhang Bin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,500
Interest Rate
5.5%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shearer Susan E | -- | Prairie Title | |
| Chin Donald L | $280,000 | -- | |
| Huang Jin | $258,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shearer Susan E | $300,000 | |
| Previous Owner | Chin Donald L | $224,000 | |
| Previous Owner | Huang Jin | $205,500 |
Source: Public Records
Tax History Compared to Growth
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 | $12,178 | $53,000 | $20,587 | $32,413 |
| 2024 | $12,178 | $43,000 | $20,587 | $22,413 |
| 2023 | $11,755 | $43,000 | $20,587 | $22,413 |
| 2022 | $11,755 | $43,000 | $20,587 | $22,413 |
| 2021 | $11,322 | $37,124 | $16,984 | $20,140 |
| 2020 | $11,132 | $37,124 | $16,984 | $20,140 |
| 2019 | $11,072 | $41,249 | $16,984 | $24,265 |
| 2018 | $12,172 | $40,764 | $14,925 | $25,839 |
| 2017 | $11,974 | $40,764 | $14,925 | $25,839 |
| 2016 | $11,401 | $40,764 | $14,925 | $25,839 |
| 2015 | $11,653 | $38,905 | $12,352 | $26,553 |
| 2014 | $11,464 | $38,905 | $12,352 | $26,553 |
| 2013 | $11,153 | $38,905 | $12,352 | $26,553 |
Source: Public Records
Map
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