5501 Mcdonough Rd Unit 5501 Hoffman Estates, IL 60192
West Hoffman Estates NeighborhoodEstimated Value: $307,498 - $363,000
3
Beds
3
Baths
1,700
Sq Ft
$197/Sq Ft
Est. Value
Highlights
- Family Room with Fireplace
- Attached Garage
- 1-minute walk to Princeton Park
- Formal Dining Room
About This Home
As of October 2021Beautiful 2 story townhouse with a private entrance. Open living room with fireplace and floor to ceilings windows brings in natural light. The eat-in kitchen with plenty of cabinets and sliders that walk out to the back deck to enjoy your morning coffee. The oversized primary suite includes custom finished walk-in closet and an en-suite bathroom with a whirlpool tub, separate shower, and dual vanity. Second floor laundry. Unfinished English basement brings in light for multi-use options: office, playroom or personal oasis. Attached 2 car garage. Princeton Park is directly across from the home for family fun on the playground and water fountain. Newer hot water heater. Brand new roof has been installed by the Association, August 2021. Fantastic location off of I-90. Rentals allowed, no restrictions. MULTIPLE OFFERS RECEIVED. Please submit best offer by August 26, 12pm. Thank you
Last Listed By
Jameson Sotheby's International Realty License #475188316 Listed on: 08/24/2021
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $6,836
Year Built
- 2004
Lot Details
- 19
HOA Fees
- $216 per month
Parking
- Attached Garage
- Driveway
- Parking Included in Price
Interior Spaces
- 1,700 Sq Ft Home
- Family Room with Fireplace
- Formal Dining Room
- Unfinished Basement
Community Details
Overview
- 5 Units
- Desk Association, Phone Number (630) 620-1133
- Property managed by American Community Management
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2021
Closed on
Sep 24, 2021
Sold by
Nayak Manubhai and Manubhai Nayak Revocable Trust
Bought by
Shah Michael and Gonzalez Maria
Seller's Agent
Priti Patel
Jameson Sotheby's International Realty
Buyer's Agent
Stephanie Oh
@properties Christie's International Real Estate
List Price
$230,000
Sold Price
$236,000
Premium/Discount to List
$6,000
2.61%
Total Days on Market
2
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
$98,125
Avg. Annual Appreciation
9.86%
Original Mortgage
$228,920
Outstanding Balance
$212,107
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$119,289
Purchase Details
Closed on
Jul 27, 2012
Sold by
Nayak Manubhai
Bought by
Nayak Manubhai and Manubhai Nayak Revocable Trust
Purchase Details
Closed on
Jun 13, 2006
Sold by
Sabitha Krishnaswamy Shyam and Sabitha Shyam
Bought by
Nayak Manubhai and Nayak Panna
Purchase Details
Closed on
Jun 27, 2002
Sold by
Beverly Road Llc
Bought by
Sabitha Krishnaswamy Shyam and Sabitha Shyam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,124
Interest Rate
6.25%
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shah Michael | $236,000 | Chicago Title | |
| Nayak Manubhai | -- | None Available | |
| Nayak Manubhai | $310,000 | Multiple | |
| Sabitha Krishnaswamy Shyam | $249,000 | Ticor Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shah Michael | $228,920 | |
| Previous Owner | Krishnaswamy Shyam | $21,650 | |
| Previous Owner | Krishnaswamy Shyam | $216,330 | |
| Previous Owner | Sabitha Krishnaswamy Shyam | $199,124 | |
| Closed | Sabitha Krishnaswamy Shyam | $24,890 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2021 10/15/21 | Sold | $236,000 | +2.6% | $139 / Sq Ft |
| 08/27/2021 08/27/21 | Pending | -- | -- | -- |
| 08/24/2021 08/24/21 | For Sale | $230,000 | -- | $135 / 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 | $6,836 | $22,798 | $3,025 | $19,773 |
| 2023 | $6,836 | $22,798 | $3,025 | $19,773 |
| 2022 | $6,836 | $22,798 | $3,025 | $19,773 |
| 2021 | $7,781 | $21,610 | $2,792 | $18,818 |
| 2020 | $7,644 | $21,610 | $2,792 | $18,818 |
| 2019 | $7,012 | $22,278 | $2,792 | $19,486 |
| 2018 | $6,211 | $17,960 | $2,443 | $15,517 |
| 2017 | $6,152 | $17,960 | $2,443 | $15,517 |
| 2016 | $5,744 | $17,960 | $2,443 | $15,517 |
| 2015 | $5,716 | $16,408 | $2,210 | $14,198 |
| 2014 | $5,617 | $16,408 | $2,210 | $14,198 |
| 2013 | $7,159 | $21,577 | $2,210 | $19,367 |
Source: Public Records
Agents Affiliated with this Home
-
Priti Patel
Seller's Agent in 2021
Priti Patel
Jameson Sotheby's International Realty
(312) 371-0643
3 in this area
54 Total Sales
-
Stephanie Oh
Buyer's Agent in 2021
Stephanie Oh
@ Properties
(847) 660-4466
1 in this area
66 Total Sales
-
Vittoria Logli
Buyer Co-Listing Agent in 2021
Vittoria Logli
@ Properties
(847) 810-8438
2 in this area
257 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11195638
APN: 06-04-104-005-1067
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