Seller's Agent in 2021
Debora McKay
Coldwell Banker Realty
(630) 542-3313
1 in this area
257 Total Sales
4585 Olmstead Dr Hoffman Estates, IL 60192
South Ridge NeighborhoodEstimated Value: $297,000 - $367,564
2
Beds
2
Baths
1,570
Sq Ft
$214/Sq Ft
Est. Value
Highlights
- Attached Garage
- Combination Dining and Living Room
- 4-minute walk to Olmstead Park
- Thomas Jefferson Elementary School Rated A-
About This Home
As of November 2021Move in ready 2 Bedroom, 2 car garage, 1.1 Bath townhouse in the Castleford subdivision of Hoffman Estates with award winning William Fremd High School! Spacious open floor plan with vaulted ceilings. Kitchen features granite countertops and stainless steel appliances. Well maintained throughout with newer furnace and A/C and large bedroom sizes with deep closets. Convenient 2nd floor laundry located next to master. Situated within close proximity to elementary school, park with playground/tennis courts/baseball field, and shopping.
Last Agent to Sell the Property
Coldwell Banker Realty License #475103636 Listed on: 09/11/2021
Townhouse Details
Home Type
- Townhome
Year Built
- 1987
Lot Details
- 2,614
HOA Fees
- $241 per month
Parking
- Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Interior Spaces
- 1,570 Sq Ft Home
- Combination Dining and Living Room
Community Details
- Pets Allowed
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2021
Closed on
Nov 1, 2021
Sold by
Burkoth Scott M
Bought by
Mandava Varalakshmi
Seller's Agent
Debora McKay
Coldwell Banker Realty
Buyer's Agent
Ramesh Teeka
Provident Realty, Inc.
List Price
$229,000
Sold Price
$220,000
Premium/Discount to List
-$9,000
-3.93%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,391
Avg. Annual Appreciation
10.61%
Original Mortgage
$165,000
Outstanding Balance
$126,589
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$209,802
Purchase Details
Closed on
Aug 30, 2005
Sold by
Oconnell William and Oconnell Elaine J
Bought by
Burkoth Scott M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,300
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Mandava Varalakshmi | $220,000 | Citywide Title Corporation | |
| Burkoth Scott M | $217,000 | 1St American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mandava Varalakshmi | $165,000 | |
| Previous Owner | Burkoth Scott M | $195,300 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/04/2021 11/04/21 | Sold | $220,000 | -3.9% | $140 / Sq Ft |
| 09/28/2021 09/28/21 | Pending | -- | -- | -- |
| 09/11/2021 09/11/21 | For Sale | $229,000 | 0.0% | $146 / Sq Ft |
| 09/05/2019 09/05/19 | Rented | $1,700 | 0.0% | -- |
| 09/05/2019 09/05/19 | Under Contract | -- | -- | -- |
| 08/27/2019 08/27/19 | Price Changed | $1,700 | -5.6% | $1 / Sq Ft |
| 08/15/2019 08/15/19 | For Rent | $1,800 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 | $8,278 | $31,000 | $4,176 | $26,824 |
| 2024 | $8,278 | $27,000 | $5,000 | $22,000 |
| 2023 | $8,001 | $27,000 | $5,000 | $22,000 |
| 2022 | $8,001 | $27,000 | $5,000 | $22,000 |
| 2021 | $6,104 | $21,560 | $1,631 | $19,929 |
| 2020 | $6,045 | $21,560 | $1,631 | $19,929 |
| 2019 | $5,984 | $23,903 | $1,631 | $22,272 |
| 2018 | $6,499 | $23,948 | $1,500 | $22,448 |
| 2017 | $6,396 | $23,948 | $1,500 | $22,448 |
| 2016 | $6,190 | $23,948 | $1,500 | $22,448 |
| 2015 | $5,010 | $18,743 | $1,370 | $17,373 |
| 2014 | $4,932 | $18,743 | $1,370 | $17,373 |
| 2013 | $4,789 | $18,743 | $1,370 | $17,373 |
Source: Public Records
Agents Affiliated with this Home
-
Debora McKay
-
Roger Erikson
Seller Co-Listing Agent in 2021
Roger Erikson
Coldwell Banker Realty
(630) 542-5339
1 in this area
93 Total Sales
-
Ramesh Teeka
Buyer's Agent in 2021
Ramesh Teeka
Provident Realty, Inc.
(224) 595-7565
1 in this area
13 Total Sales
-
Beth Repta
Seller's Agent in 2019
Beth Repta
LPT Realty
(847) 668-2384
374 Total Sales
-
Tayo Arogundade
Buyer's Agent in 2019
Tayo Arogundade
The McDonald Group
(847) 850-9002
1 in this area
20 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11216277
APN: 02-19-137-014-0000
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