505 Norridge Ln Hoffman Estates, IL 60169
South Hoffman Estates NeighborhoodEstimated Value: $354,561 - $411,000
3
Beds
2
Baths
1,560
Sq Ft
$251/Sq Ft
Est. Value
About This Home
This home is located at 505 Norridge Ln, Hoffman Estates, IL 60169 and is currently estimated at $391,390, approximately $250 per square foot. 505 Norridge Ln is a home located in Cook County with nearby schools including Lakeview Elementary School, Helen Keller Junior High School, and Schaumburg High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 27, 2009
Sold by
Peterson James R and Peterson Kimberly A
Bought by
Peterson James R
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
$168,000
Outstanding Balance
$104,592
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$286,798
Purchase Details
Closed on
May 3, 2002
Sold by
Peterson James R and Peterson Kimberly A
Bought by
Peterson James R and Peterson Kimberly A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.79%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Dec 29, 1995
Sold by
Maher Keith P and Maher Justine M
Bought by
Peterson James R and Sorenson Kimberly A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,100
Interest Rate
7.41%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Peterson James R | -- | Prairie Title Inc | |
| Peterson James R | -- | -- | |
| Peterson James R | $121,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Peterson James R | $168,000 | |
| Closed | Peterson James R | $30,000 | |
| Closed | Peterson James R | $109,100 |
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 | $6,532 | $34,000 | $7,115 | $26,885 |
| 2024 | $6,532 | $24,601 | $6,098 | $18,503 |
| 2023 | $6,290 | $24,601 | $6,098 | $18,503 |
| 2022 | $6,290 | $24,601 | $6,098 | $18,503 |
| 2021 | $5,939 | $21,056 | $4,319 | $16,737 |
| 2020 | $5,875 | $21,056 | $4,319 | $16,737 |
| 2019 | $5,923 | $23,659 | $4,319 | $19,340 |
| 2018 | $5,052 | $18,927 | $3,811 | $15,116 |
| 2017 | $4,981 | $18,927 | $3,811 | $15,116 |
| 2016 | $4,895 | $18,927 | $3,811 | $15,116 |
| 2015 | $4,763 | $17,452 | $3,303 | $14,149 |
| 2014 | $4,696 | $17,452 | $3,303 | $14,149 |
| 2013 | $4,557 | $17,452 | $3,303 | $14,149 |
Source: Public Records
Map
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