NOT LISTED FOR SALE

7164 Orchard Ln Hanover Park, IL 60133

Estimated Value: $370,000 - $401,000

6 Beds
3 Baths
2,636 Sq Ft
$148/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $240,000 $91 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,745/month

9 Days on Market

Highlights

  • Main Floor Bedroom
  • Bonus Room
  • Porch
  • Robert Frost Junior High School Rated A-
  • Fenced Yard
  • Attached Garage

About This Home

As of December 2019

Rare Single Family Home (Extra Large Royalton Model On Extra Large Lot) with 6 Full Bedrooms / 2.5 Bathrooms - 5 Bedrooms All On One Floor - Great For Bigger Family - Property is located on very nice block next to Parks & Schools. This property falls into the Schaumburg School District. Property Has New Roof Just Recently Put On, Newer Carpet, New Paint, Needs minor kitchen updates & minor bathroom Updates. Huge Back Yard for entertaining, buyer will accept FHA/VA Contracts. Move in Right Before the Holidays! There is an additional storage room on the lower level as well! Great Area & Proximity to Parks, Shopping & Quick Access to Highways: 390/290/355 Please Note: Taxes Do Not Have Home Owners Exemption So Can be Even Lower! School Info:[Hanover Highland Elementary, Robert Frost Junior High, Schaumburg High School]

Last Agent to Sell the Property

Sunny Lamba

Publix Realty, Inc. License #475124782 Listed on: 10/29/2019

Last Buyer's Agent

Clariza Favela-Varney

Compass License #475140867

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,475

Year Built

  • 1967

Lot Details

  • 8,276

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Bonus Room
  • Porch
  • Fenced Yard

Listing and Financial Details

  • $6,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,475

Year Built

1967

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Square Footage Comments: 1636 Above Grade + 1000 Square Feet Below Grade
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: Raised Ranch
  • Estimated Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1967

Interior Features

  • Interior Property Features: 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 11
  • Living Room: Dimensions: 17X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Attic: Full
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 6
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 6
  • Laundry: Dimensions: 11X10, On Level: Lower, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 13X9, On Level: Main Level, Flooring: Carpet, Windows: All
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Vinyl, Windows: All
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: 5th Bedroom, Bonus, 6th Bedroom
  • Master Bedroom: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 10X10, On Level: Main Level, Flooring: Carpet, Windows: All
  • Additional Room 2 Name: Bonus, Dimensions: 13X11, On Level: Lower, Flooring: Other, Windows: All
  • Bedroom 2: Dimensions: 14X10, On Level: Main Level, Flooring: Carpet, Windows: All
  • Additional Room 3 Name: 6th Bdrm, Dimensions: 11X10, On Level: Lower, Flooring: Other, Windows: None
  • Bedroom 3: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 4: Dimensions: 10X10, On Level: Main Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 2636
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 22X12, On Level: Lower, Flooring: Carpet, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch
  • Acreage: 0.1969

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 4
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 211
  • High School: Schaumburg High School
  • Junior High Dist: 54

Lot Info

  • Lot Dimensions: 65 X 120
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 07312120330000

Tax Info

  • Taxes: 6662.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2021
Sold by
Cortes Arturo and Cortes Veronica
Bought by
Cortes Arturo and Cortes Veronica
Current Estimated Value
$390,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$213,724
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$163,976

Purchase Details

Listed on
Oct 29, 2019
Closed on
Dec 2, 2019
Sold by
Kksi Llc
Bought by
Cortes Arturo and Cortes Veronica
Seller's Agent
Sunny Lamba
Publix Realty, Inc.
Buyer's Agent
Clariza Favela-Varney
Compass
List Price
$244,900
Sold Price
$240,000
Premium/Discount to List
-$4,900
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$232,800
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2019
Closed on
Oct 7, 2019
Sold by
Chicago Trust Company Na
Bought by
Kks1 Llc
Seller's Agent
Ann Digioia
RE/MAX Suburban
Buyer's Agent
Sunny Lamba
Publix Realty, Inc.
List Price
$230,000
Sold Price
$185,000
Premium/Discount to List
-$45,000
-19.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 1996
Sold by
Furtek James F and Furtek Jean E
Bought by
Charter Bank & Trust Na
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cortes Arturo -- Fidelity National Title Co
Cortes Arturo $240,000 Fidelity National Title
Kks1 Llc $185,000 Attorneys Ttl Guaranty Fund
Charter Bank & Trust Na -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortes Arturo $50,000
Open Cortes Arturo $230,000
Closed Cortes Arturo $232,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $240,000 -2.0% $91 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
10/29/2019 10/29/19 For Sale $244,900 +32.4% $93 / Sq Ft
10/07/2019 10/07/19 Sold $185,000 -19.6% $113 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $230,000 -- $141 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2024 $7,475 $27,000 $5,575 $21,425
2023 $7,199 $27,000 $5,575 $21,425
2022 $7,199 $27,000 $5,575 $21,425
2021 $6,330 $21,231 $3,645 $17,586
2020 $6,332 $21,231 $3,645 $17,586
2019 $7,487 $23,856 $3,645 $20,211
2018 $6,662 $18,794 $3,216 $15,578
2017 $2,820 $18,794 $3,216 $15,578
2016 $3,505 $18,794 $3,216 $15,578
2015 $3,985 $16,952 $2,787 $14,165
2014 $3,826 $16,952 $2,787 $14,165
2013 $3,802 $16,952 $2,787 $14,165
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10561260

Midwest Real Estate Data (MRED)

APN: 07-31-212-033-0000