Seller's Agent in 2020
Kevin Forkin
RE/MAX Suburban
(630) 291-7621
74 Total Sales
550 Kingman Ln Hoffman Estates, IL 60169
South Hoffman Estates NeighborhoodEstimated Value: $262,000 - $377,033
3
Beds
2
Baths
1,405
Sq Ft
$242/Sq Ft
Est. Value
Highlights
- Main Floor Bedroom
- Walk-In Pantry
- Breakfast Bar
- Helen Keller Junior High School Rated A-
- Detached Garage
- Patio
About This Home
As of February 2020ORIGINAL 3 BEDROOM, ONE AND A HALF BATH RANCH HOME WITH FAMILY ROOM. ADDITION HAS TREMENDOUS POTENTIAL. EXTRA LARGE LOT NEAR PARK, POND AND ELEMENTRY SCHOOL, OVER SIZED DRIVEWAY, NEWER FURNACE AND CONVERTED GARAGE INTO A LARGE FAMILY ROOM. HOME NEEDS WORK BUT PRICED WELL. EXCELLENT LOCATION! HOME SOLD AS IS.
Last Agent to Sell the Property
RE/MAX Suburban License #471001253 Listed on: 01/13/2020
Co-Listed By
Amy Will
RE/MAX Suburban License #475161258
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,268
Year Built
- 1960
Lot Details
- 10,454
Parking
- Detached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Aluminum Siding
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
Bedrooms and Bathrooms
- Main Floor Bedroom
- Bathroom on Main Level
Laundry
- Laundry on main level
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
Additional Features
- Dining Area
- Patio
- Property is near a bus stop
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 13, 2020
Closed on
Feb 15, 2020
Sold by
Benson Debra and Barile Robert
Bought by
Chocholowicz Rafal
Seller's Agent
Kevin Forkin
RE/MAX Suburban
Buyer's Agent
Paulina Swierczek
Hometown Real Estate
List Price
$209,900
Sold Price
$185,000
Premium/Discount to List
-$24,900
-11.86%
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
$149,857
Avg. Annual Appreciation
10.69%
Original Mortgage
$175,750
Outstanding Balance
$158,316
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$163,452
Purchase Details
Closed on
Oct 30, 2013
Sold by
Barile Russell J
Bought by
Barile Russell J and The Russell J Barile Living Trust
Purchase Details
Closed on
Mar 9, 2012
Sold by
Barile Russell J
Bought by
Barile Russell J and Russel J Barile Trust
Purchase Details
Closed on
Jul 15, 1998
Sold by
Barile Russell
Bought by
Russell J Barile Living Trust
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 |
|---|---|---|---|
| Chocholowicz Rafal | $185,000 | Fidelity National Title | |
| Barile Russell J | -- | None Available | |
| Barile Russell J | -- | None Available | |
| Russell J Barile Living Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chocholowicz Rafal | $175,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/19/2020 02/19/20 | Sold | $185,000 | -11.9% | $132 / Sq Ft |
| 01/20/2020 01/20/20 | Pending | -- | -- | -- |
| 01/13/2020 01/13/20 | For Sale | $209,900 | -- | $149 / Sq Ft |
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 | $7,268 | $27,000 | $6,468 | $20,532 |
| 2023 | $7,003 | $27,000 | $6,468 | $20,532 |
| 2022 | $7,003 | $27,000 | $6,468 | $20,532 |
| 2021 | $7,089 | $21,160 | $4,581 | $16,579 |
| 2020 | $6,924 | $21,160 | $4,581 | $16,579 |
| 2019 | $1,336 | $23,776 | $4,581 | $19,195 |
| 2018 | $1,491 | $20,140 | $4,042 | $16,098 |
| 2017 | $1,438 | $20,140 | $4,042 | $16,098 |
| 2016 | $2,052 | $20,140 | $4,042 | $16,098 |
| 2015 | $2,324 | $18,230 | $3,503 | $14,727 |
| 2014 | $2,235 | $18,230 | $3,503 | $14,727 |
| 2013 | $2,230 | $18,230 | $3,503 | $14,727 |
Source: Public Records
Agents Affiliated with this Home
-
-
A
Seller Co-Listing Agent in 2020
Amy Will
Remax Suburban
-
Buyer's Agent in 2020
Paulina Swierczek
Hometown Real Estate
(708) 663-2741
14 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10609877
APN: 07-16-410-019-0000
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