NOT LISTED FOR SALE

4940 Somerton Dr Hoffman Estates, IL 60010

South Ridge Neighborhood

Estimated Value: $403,000 - $431,621

3 Beds
3 Baths
1,677 Sq Ft
$250/Sq Ft Est. Value

Sale Details

Date Sold: February 26, 2016

Last sale price $227,000 $135 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,936 / mo

110 Days on Market

Highlights

  • Fenced Yard
  • Attached Garage
  • Entrance Foyer
  • Thomas Jefferson Elementary School Rated A-
  • Breakfast Bar
  • Forced Air Heating and Cooling System

About This Home

As of February 2016

PRICED TO SELL NOW!!!Fabulous home in Colony Point. Newer kitchen with maple cabinets, tile back splash and new appliances. Updated bathrooms. Beautiful finishes throughout. Fenced yard. Close to everything. Come and see today. This is a Fannie Mae HomePath ppty. Buyer resp for permits/city stamps. Seller does not provider survey/disclosures. "First Time Buyers, complete the HomePath Ready Buyer homeownership course on HomePath website Attach certificate to offer and request up to 3% closing cost assistance. Check HomePath website for more details. Restrict apply."

Last Agent to Sell the Property

Beth Colen

HomeSmart Connect License #471003435 Listed on: 09/17/2015

HomeSmart Connect

Last Buyer's Agent

Tracy Bongiorno

Baird & Warner License #475158699

Baird & Warner

Home Details

Home Type

  • Single Family

Year Built

  • 1978

Lot Details

  • Fenced Yard

Parking

  • Attached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Entrance Foyer
  • Dining Area
  • Laminate Flooring
  • Breakfast Bar
  • Laundry on main level

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,075 Seller Concession

Home Details

Home Type

Single Family

Year Built

1978

Lot Details

5,009 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1978
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Laundry
  • Number Of Rooms: 8
  • Living Room: Dimensions: 15X14, On Level: Main Level, Flooring: Wood Laminate
  • Basement: Slab
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 6X4, On Level: Main Level
  • Dining Room: Dimensions: 9X9, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 13X10, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Eating Area, Foyer
  • Master Bedroom: Dimensions: 19X12, On Level: 2nd Level, Flooring: Wood Laminate
  • Additional Room 1 Name: Eating Area, Dimensions: 1X1, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level, Flooring: Wood Laminate
  • Additional Room 3 Name: Foyer, Dimensions: 10X7, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 11X9, On Level: 2nd Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 1677
  • Dining Room Type: Separate
  • Family Room: Dimensions: 18X12, On Level: Main Level, Flooring: Wood Laminate

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Frame

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 4988
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 02183110230000

Tax Info

  • Taxes: 6826.97

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

Listed on
Sep 17, 2015
Closed on
Jan 26, 2016
Sold by
Bought by
Seller's Agent
Beth Colen
HomeSmart Connect
Buyer's Agent
Tracy Bongiorno
Baird & Warner
List Price
$295,000
Sold Price
$227,000
Premium/Discount to List
-$68,000
-23.05%
Current Estimated Value
$427,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,941
Avg. Annual Appreciation
6.09%
Original Mortgage
$219,423
Interest Rate
0.0375%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 2015
Sold by
Bought by

Purchase Details

Closed on
Aug 23, 2001
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
$215,000
Interest Rate
0.0703%
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

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
$227,000 Attorneys Title Guaranty Fun
-- None Available
$246,000 Lawyers Title Insurance Corp
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
Closed $145,000
Closed $219,423
Closed $215,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
02/26/2016 02/26/16 Sold $227,000 -5.4% $135 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
12/21/2015 12/21/15 Price Changed $239,900 -7.7% $143 / Sq Ft
11/17/2015 11/17/15 Price Changed $259,900 -3.7% $155 / Sq Ft
10/19/2015 10/19/15 Price Changed $269,900 -8.5% $161 / Sq Ft
09/17/2015 09/17/15 For Sale $295,000 -- $176 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $7,975 $36,361 $5,237 $31,124
2024 $7,975 $29,327 $4,489 $24,838
2023 $7,677 $29,327 $4,489 $24,838
2022 $7,677 $29,327 $4,489 $24,838
2021 $6,847 $23,778 $3,117 $20,661
2020 $7,496 $25,992 $3,117 $22,875
2019 $7,420 $28,817 $3,117 $25,700
2018 $6,929 $25,306 $2,868 $22,438
2017 $7,868 $25,306 $2,868 $22,438
2016 $7,364 $28,016 $2,868 $25,148
2015 $6,941 $24,957 $2,618 $22,339
2014 $6,827 $24,957 $2,618 $22,339
2013 $6,636 $24,957 $2,618 $22,339
Source: Public Records

Agents Affiliated with this Home

  • Beth Colen

    Seller's Agent in 2016

    Beth Colen

    The McDonald Group

    (847) 804-3828

    54 Total Sales

    Beth Colen
    Section Image
  • Tracy Bongiorno

    Buyer's Agent in 2016

    Tracy Bongiorno

    Baird Warner

    (847) 309-8283

    51 Total Sales

    Tracy Bongiorno
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09042256

Midwest Real Estate Data (MRED)

APN: 02-18-311-023-0000

Illinois Cook County Hoffman Estates 60010 South Ridge

4940 Somerton 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.

Midwest Real Estate Data (MRED) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.