NOT LISTED FOR SALE

Estimated Value: $596,000 - $670,000

4 Beds
2.5 Baths
2,505 Sq Ft
$254/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $577,000 $230 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,426/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Community Lake
  • Recreation Room
  • Thomas Jefferson Elementary School Rated A-
  • Property is near a park
  • 4-minute walk to South Ridge Lake Park

About This Home

As of March 2024

**MULTIPLE OFFERS RECEIVED** HIGHEST & BEST DUE SUNDAY FEBRUARY 4th 2024 AT 6PM CST** Welcome home to 1620 Chesapeake in Hoffman Estates, an expanded 2-story with one of the dreamiest kitchens you will see on the market. The kitchen remodel includes an incredible addition with a fully integrated breakfast room where you are able to enjoy your backyard views and lots of natural sunlight. The entire kitchen layout was thoughtfully thought out, ensuring that you have plenty of space to prep, cook and of course, entertain. Access your fully fenced backyard from any of the two sliders leading out to the brick paver patio and get ready for summer BBQs and fun. The first floor completes with a front living room with bay window, a formal dining room space, large family room with fireplace, tugged-away powder room along with direct access to your 2-car garage. The second story of the home features 4 bedrooms. The master bedroom is truly a retreat with your own private ensuite bathroom and a large walk-in closet. A unique feature of this home is the accessible attic space within the walk-in for that little bit of extra space that doesn't involve climbing up a ladder! Have a peek while you are there! The finished basement offers even more space, a dedicated laundry room and an additional room that was previously used as an office by the owners. Some of the improvements include: Roof (2012), Furnace (2021), Radon Mitigation System (2021), AC (2023), Sump Pumps (2023), Gilke Windows. The home is located only a short distance from South Ridge Park, one of the popular walking trails within the neighborhood that also offers tennis courts, volleyball, a ninja obstacle course, playground and the newest addition a free-of-charge splash pad. In addition to what is right in front of your doorstep, you also find yourself in an unbeatable location in other aspects of life. Commuting is a breeze with the Barrington Metra Station, Palatine Metra Stations and access to expressways just a 5-10 minute drive away, granting you quick access to the city and airport when needed. Lots of other parks, access to Forest Preserves, Golf Courses and more. Attending FREMD high School. The list goes on but it's best to come and see for yourself what your new life could look like at 1620 Chesapeake!

Last Agent to Sell the Property

Janine Sasso

Coldwell Banker Realty License #475164219 Listed on: 02/02/2024

Coldwell Banker Realty

Last Buyer's Agent

Laura Browere

HomeSmart Connect LLC License #475121940

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,324

Year Built

  • Built in 1983

Lot Details

  • 9,278 Sq Ft Lot
  • Lot Dimensions are 78x102x31x31x5x27x27x22x47
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,505 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Breakfast Room
  • Home Office
  • Recreation Room
  • Wood Flooring
  • Finished Basement
  • Partial Basement
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet

Schools

  • Frank C Whiteley Elementary Scho
  • Plum Grove Junior High School
  • Wm Fremd High School

Utilities

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

Additional Features

  • Brick Porch or Patio
  • Property is near a park

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Expanded Evanshire
  • Community Lake

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,324

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1983
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Walk-In Closet(s)
  • LivingArea: 2505
  • Room Type: Breakfast Room, Office, Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 550000
  • Lot Features: Corner Lot, Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Frank C Whiteley Elementary Scho
  • High School: Wm Fremd High School
  • Middle/Junior School: Plum Grove Junior High School
  • Middle/Junior School District: 15

Lot Info

  • Lot Size Acres: 0.213
  • Lot Dimensions: 78X102X31X31X5X27X27X22X47
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10324.42
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Mar 4, 2024
Sold by
Maria G Mcclurkin 2022 Trust
Bought by
Karam Wasim and Karam Ireny
Seller's Agent
Janine Sasso
Coldwell Banker Realty
Buyer's Agent
Laura Browere
HomeSmart Connect LLC
List Price
$550,000
Sold Price
$577,000
Premium/Discount to List
$27,000
4.91%
Views
28
Current Estimated Value
$637,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,446
Avg. Annual Appreciation
6.47%
Original Mortgage
$367,000
Outstanding Balance
$361,297
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$276,149

Purchase Details

Closed on
Jul 19, 2006
Sold by
Mcclurkin John E and Mcclurkin Maria G
Bought by
Mcclurkin John and Mcclurkin Maria

Purchase Details

Closed on
Nov 29, 1996
Sold by
Lasalle National Trust Na
Bought by
Mcclurkin John E and Mcclurkin Maria G
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Karam Wasim $577,000 None Listed On Document
Mcclurkin John -- None Available
Mcclurkin John E -- Rei Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karam Wasim $367,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2024 03/15/24 Sold $577,000 +4.9% $230 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $550,000 -- $220 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2024 $12,569 $41,000 $8,339 $32,661
2023 $10,324 $41,000 $8,339 $32,661
2022 $10,324 $41,000 $8,339 $32,661
2021 $9,081 $33,113 $5,791 $27,322
2020 $9,016 $33,113 $5,791 $27,322
2019 $8,925 $36,711 $5,791 $30,920
2018 $10,717 $40,010 $5,327 $34,683
2017 $10,550 $40,010 $5,327 $34,683
2016 $10,310 $40,010 $5,327 $34,683
2015 $9,285 $34,373 $4,864 $29,509
2014 $9,698 $34,373 $4,864 $29,509
2013 $9,435 $34,373 $4,864 $29,509
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11943513

Midwest Real Estate Data (MRED)

APN: 02-19-328-020-0000