Seller's Agent in 2023
AJ|Abhijit Leekha
Property Economics Inc.
(630) 283-2111
10 in this area
640 Total Sales
525 Hill Dr Unit 7105 Hoffman Estates, IL 60169
South Hoffman Estates NeighborhoodEstimated Value: $162,484 - $186,000
2
Beds
1
Bath
760
Sq Ft
$350/mo
HOA Fee
Highlights
- Ceiling Fan
- Heating System Uses Steam
- Dogs and Cats Allowed
- Helen Keller Junior High School Rated A-
About This Home
As of October 2023Absolutely STUNNING! One of the best units for sale in a long time in Steeple Hill! FULLY RENOVATED. Low tax project and fully renovated unit. Super modern unit with wide plank wood laminate floors. Crown molding and upgraded trim. Ground floor unit with access to a patio and a beautiful backyard that lives and feels like a PARK! Tremendous sun light in the entire home. Fully renovated kitchen with quartz counters and maple cabinets. Stainless steel appliances. Newer ceramic tile flooring. STUNNING bathroom with designer floating vanity. Too many news to list. Good sized master bedroom with a large walk in closet. 2 new AC wall units installed. This is Newer windows. Very well run HOA that includes in your association fees: Heat, Insurance, Lawn care, Snow removal, FULL exterior maintenance, pool, garbage removal, Cooking gas, water, club house, full parking lot maintenance and roof + siding. Only pay electricity. The home is investor friendly. Tenant in the house currently and would like to stay. Unit is rented for $1150 till 12/31/2023. Market rents are in the $1400+ range!
Last Agent to Sell the Property
Property Economics Inc. License #471009447 Listed on: 08/22/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,454
Year Built
- Built in 1974 | Remodeled in 2019
Lot Details
- 21.24
HOA Fees
- $350 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 760 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Attached Fireplace Door
- Living Room with Fireplace
Kitchen
- Range
- Microwave
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Home Security
Parking
- 1 Parking Space
- Uncovered Parking
- Parking Included in Price
- Assigned Parking
Schools
- Lakeview Elementary School
- Keller Junior High School
- J B Conant High School
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Heating System Uses Steam
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, doorman, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, lake rights
- 6 Units
- Manager Association, Phone Number (630) 584-0209
- Steeple Hill Subdivision
- Property managed by Property Management Techniques, Inc
Pet Policy
- Dogs and Cats Allowed
Security
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2023
Closed on
Oct 23, 2023
Sold by
Patel Jatinkumar
Bought by
Patel Jayantilal and Patel Rarnilaben F
Seller's Agent
AJ|Abhijit Leekha
Property Economics Inc.
Buyer's Agent
Nirmit Parekh
ARNI Realty Incorporated
List Price
$165,000
Sold Price
$157,500
Premium/Discount to List
-$7,500
-4.55%
Views
237
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
$14,371
Avg. Annual Appreciation
4.44%
Original Mortgage
$118,125
Outstanding Balance
$115,914
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$55,957
Purchase Details
Listed on
Jun 2, 2020
Closed on
Jun 29, 2020
Sold by
Tello Salinas Gustavo
Bought by
Patel Jatinkumar
Seller's Agent
Jose Jimenez
Avalon Realty Associates, LLC
Buyer's Agent
Tara Robinson
Realty Executives Success
List Price
$105,000
Sold Price
$102,000
Premium/Discount to List
-$3,000
-2.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.94%
Purchase Details
Closed on
Feb 28, 2001
Sold by
Muller Melissa L
Bought by
Tello Salinas Gustavo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,893
Interest Rate
7.05%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 26, 1999
Sold by
Nguyen Khiem M and Dang Nhu
Bought by
Muller Melissa L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,725
Interest Rate
6.99%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 25, 1997
Sold by
Ladner Victor R and Vann Victoria R
Bought by
Nguyen Kheim M and Dang Nhu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,200
Interest Rate
7.45%
Purchase Details
Closed on
Jun 30, 1994
Sold by
Akin Troy A and Akin Susan E
Bought by
Vann Victoria R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.38%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Patel Jayantilal | $157,500 | None Listed On Document | |
| Patel Jatinkumar | $102,000 | First American Title | |
| Tello Salinas Gustavo | $67,000 | Chicago Title Insurance Co | |
| Muller Melissa L | $54,000 | -- | |
| Nguyen Kheim M | $51,500 | Land Title | |
| Vann Victoria R | $50,000 | Attorneys Title Guaranty Fun |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Jayantilal | $118,125 | |
| Previous Owner | Tello Salinas Gustavo | $64,893 | |
| Previous Owner | Muller Melissa L | $52,725 | |
| Previous Owner | Nguyen Kheim M | $41,200 | |
| Previous Owner | Vann Victoria R | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/26/2023 10/26/23 | Sold | $157,500 | -4.5% | $207 / Sq Ft | |
| 09/04/2023 09/04/23 | Pending | -- | -- | -- | |
| 08/22/2023 08/22/23 | For Sale | $165,000 | +61.8% | $217 / Sq Ft | |
| 06/29/2020 06/29/20 | Sold | $102,000 | -2.9% | -- | View Prior Sale |
| 06/10/2020 06/10/20 | Pending | -- | -- | -- | |
| 06/02/2020 06/02/20 | For Sale | $105,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $2,901 | $9,454 | $1,313 | $8,141 |
| 2023 | $2,807 | $9,454 | $1,313 | $8,141 |
| 2022 | $2,807 | $9,454 | $1,313 | $8,141 |
| 2021 | $2,454 | $7,325 | $930 | $6,395 |
| 2020 | $1,382 | $7,325 | $930 | $6,395 |
| 2019 | $1,404 | $8,226 | $930 | $7,296 |
| 2018 | $539 | $5,090 | $766 | $4,324 |
| 2017 | $549 | $5,090 | $766 | $4,324 |
| 2016 | $772 | $5,090 | $766 | $4,324 |
| 2015 | $354 | $3,726 | $711 | $3,015 |
| 2014 | $365 | $3,726 | $711 | $3,015 |
| 2013 | $337 | $3,726 | $711 | $3,015 |
Source: Public Records
Agents Affiliated with this Home
-
AJ|Abhijit Leekha
-
Nirmit Parekh
Buyer's Agent in 2023
Nirmit Parekh
ARNI Realty Incorporated
(224) 567-9143
8 in this area
91 Total Sales
-
Jose Jimenez
Seller's Agent in 2020
Jose Jimenez
Avalon Realty Associates, LLC
(847) 506-1000
10 Total Sales
-
Tara Robinson
Buyer's Agent in 2020
Tara Robinson
Realty Executives
(630) 301-9623
43 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11864853
APN: 07-16-200-046-1188
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