845 Park Ln Hoffman Estates, IL 60192
South Ridge NeighborhoodEstimated Value: $511,000 - $570,000
4
Beds
3
Baths
2,600
Sq Ft
$211/Sq Ft
Est. Value
About This Home
This home is located at 845 Park Ln, Hoffman Estates, IL 60192 and is currently estimated at $549,090, approximately $211 per square foot. 845 Park Ln is a home located in Cook County with nearby schools including Thomas Jefferson Elementary School, Frank C. Whiteley Elementary School, and William Fremd High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 9, 2024
Sold by
Schiller Russell R and Schiller Family Revocable Trust
Bought by
Dutta Kaushik and Dutta Indrani
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
$393,750
Outstanding Balance
$382,788
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$166,302
Purchase Details
Closed on
Nov 8, 2019
Sold by
Schiller Russell R and Schiller Diane L
Bought by
Schiller Russell R and Schiller Diane L
Purchase Details
Closed on
Aug 25, 1999
Sold by
Redwood Jonathan J and Redwood Denise A
Bought by
Schiller Russell R and Schiller Diane L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
7.77%
Purchase Details
Closed on
Jun 27, 1995
Sold by
Fraehsdorf Manfred and Fraehsdorf Cristina M
Bought by
Redwood Jonathan J and Redwood Denise A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
7.44%
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 |
|---|---|---|---|
| Dutta Kaushik | $525,000 | None Listed On Document | |
| Dutta Kaushik | $525,000 | None Listed On Document | |
| Schiller Russell R | -- | Attorney | |
| Schiller Russell R | $234,000 | -- | |
| Redwood Jonathan J | $176,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dutta Kaushik | $393,750 | |
| Closed | Dutta Kaushik | $393,750 | |
| Previous Owner | Schiller Russell R | $187,000 | |
| Previous Owner | Redwood Jonathan J | $141,000 |
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 |
|---|---|---|---|---|
| 2024 | $9,373 | $36,542 | $14,580 | $21,962 |
| 2023 | $9,732 | $36,542 | $14,580 | $21,962 |
| 2022 | $9,732 | $39,000 | $14,580 | $24,420 |
| 2021 | $7,420 | $28,154 | $10,125 | $18,029 |
| 2020 | $8,204 | $28,154 | $10,125 | $18,029 |
| 2019 | $8,399 | $32,168 | $10,125 | $22,043 |
| 2018 | $8,250 | $29,474 | $9,315 | $20,159 |
| 2017 | $8,114 | $29,474 | $9,315 | $20,159 |
| 2016 | $8,449 | $31,777 | $9,315 | $22,462 |
| 2015 | $6,673 | $24,093 | $8,505 | $15,588 |
| 2014 | $6,564 | $24,093 | $8,505 | $15,588 |
| 2013 | $7,367 | $27,414 | $8,505 | $18,909 |
Source: Public Records
Map
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