NOT LISTED FOR SALE

5035 Somerton Dr Hoffman Estates, IL 60010

South Ridge Neighborhood

Estimated Value: $439,000 - $529,000

4 Beds
4 Baths
2,139 Sq Ft
$228/Sq Ft Est. Value

About This Home

This home is located at 5035 Somerton Dr, Hoffman Estates, IL 60010 and is currently estimated at $487,233, approximately $227 per square foot. 5035 Somerton Dr is a home located in Cook County with nearby schools including Thomas Jefferson Elementary School, Marion Jordan Elementary School, and Nielson Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2021
Sold by
Gniewek Joseph and Gniewek Alicja
Bought by
Gniewek Joseph and Gniewek Alicja
Current Estimated Value
$487,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Outstanding Balance
$267,302
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$219,931

Purchase Details

Closed on
Oct 25, 2005
Sold by
Tseng Lai Chien Cheng Ken and Tseng Lai Mei Ing
Bought by
Gniewek Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,600
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 1998
Sold by
Morse Jeffrey C
Bought by
Tseng Lai Chien Cheng Ken and Tseng Lai Mei Ing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,250
Interest Rate
7.08%
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

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First American

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Quantarium

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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

Date Buyer Sale Price Title Company
Gniewek Joseph -- Attorney
Gniewek Joseph $282,000 1St American Title
Tseng Lai Chien Cheng Ken $187,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gniewek Joseph $298,000
Closed Gniewek Joseph $225,600
Previous Owner Tseng Lai Chien Cheng Ken $125,250
Source: Public Records

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
2025 $9,713 $46,000 $5,846 $40,154
2024 $9,713 $35,000 $5,011 $29,989
2023 $9,357 $35,000 $5,011 $29,989
2022 $9,357 $35,000 $5,011 $29,989
2021 $8,674 $29,235 $3,480 $25,755
2020 $8,558 $29,235 $3,480 $25,755
2019 $8,471 $32,412 $3,480 $28,932
2018 $8,571 $30,488 $3,201 $27,287
2017 $10,294 $36,485 $3,201 $33,284
2016 $9,808 $36,485 $3,201 $33,284
2015 $6,907 $24,847 $2,923 $21,924
2014 $7,344 $26,652 $2,923 $23,729
2013 $7,140 $26,652 $2,923 $23,729
Source: Public Records

Map

Illinois Cook County Hoffman Estates 60010 South Ridge

5035 Somerton Dr, Hoffman Estates, IL

Not Listed for Sale

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