NOT LISTED FOR SALE

5500 Nicholson Dr Hoffman Estates, IL 60192

West Hoffman Estates Neighborhood

Estimated Value: $765,000 - $836,000

4 Beds
4 Baths
4,513 Sq Ft
$176/Sq Ft Est. Value

About This Home

This home is located at 5500 Nicholson Dr, Hoffman Estates, IL 60192 and is currently estimated at $794,073, approximately $175 per square foot. 5500 Nicholson Dr is a home located in Cook County with nearby schools including Timber Trails Elementary School, Larsen Middle School, and Elgin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2007
Sold by
Hoffman Estates One Llc
Bought by
Melone Paula
Current Estimated Value
$794,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$365,353
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$428,720
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

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.

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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.

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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.

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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
Melone Paula $924,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melone Paula $600,000
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 $17,203 $74,000 $12,323 $61,677
2024 $17,203 $56,000 $10,680 $45,320
2023 $16,792 $56,000 $10,680 $45,320
2022 $16,792 $56,000 $10,680 $45,320
2021 $17,238 $47,873 $9,858 $38,015
2020 $16,933 $47,873 $9,858 $38,015
2019 $16,743 $53,193 $9,858 $43,335
2018 $19,322 $55,869 $8,626 $47,243
2017 $19,138 $55,869 $8,626 $47,243
2016 $17,869 $55,869 $8,626 $47,243
2015 $17,114 $49,126 $7,804 $41,322
2014 $16,818 $49,126 $7,804 $41,322
2013 $16,300 $49,126 $7,804 $41,322
Source: Public Records

Map

Illinois Cook County Hoffman Estates 60120 West Hoffman Estates

5500 Nicholson Dr, Hoffman Estates, IL

Not Listed for Sale

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