5577 Red Oak Dr Hoffman Estates, IL 60192
West Hoffman Estates NeighborhoodEstimated Value: $608,699 - $698,000
4
Beds
3
Baths
3,165
Sq Ft
$209/Sq Ft
Est. Value
About This Home
This home is located at 5577 Red Oak Dr, Hoffman Estates, IL 60192 and is currently estimated at $662,675, approximately $209 per square foot. 5577 Red Oak 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
Apr 30, 2021
Sold by
Cortes Nelsie and Cortes Inocencia
Bought by
Cortes Nelsie and Cortes Rojas Yvalis
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
$431,000
Outstanding Balance
$388,223
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$274,452
Purchase Details
Closed on
Mar 13, 2009
Sold by
Kimball Hill Homes Illinois Llc
Bought by
Cortes Nelsie and Cortes Inocencia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.83%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Cortes Nelsie | -- | Chicago Title | |
| Cortes Nelsie | $462,000 | Stewart Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cortes Nelsie | $431,000 | |
| Previous Owner | Cortes Nelsie | $417,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 2025 | $12,806 | $57,000 | $10,339 | $46,661 |
| 2024 | $12,806 | $45,000 | $8,616 | $36,384 |
| 2023 | $12,468 | $45,000 | $8,616 | $36,384 |
| 2022 | $12,468 | $45,000 | $8,616 | $36,384 |
| 2021 | $11,323 | $34,776 | $2,154 | $32,622 |
| 2020 | $11,203 | $34,776 | $2,154 | $32,622 |
| 2019 | $11,083 | $38,641 | $2,154 | $36,487 |
| 2018 | $11,569 | $36,887 | $1,723 | $35,164 |
| 2017 | $11,479 | $36,887 | $1,723 | $35,164 |
| 2016 | $12,319 | $41,014 | $1,723 | $39,291 |
| 2015 | $12,716 | $39,124 | $1,292 | $37,832 |
| 2014 | $12,515 | $39,124 | $1,292 | $37,832 |
| 2013 | $12,109 | $39,124 | $1,292 | $37,832 |
Source: Public Records
Map
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