885 Gannon Dr Hoffman Estates, IL 60169
South Hoffman Estates NeighborhoodEstimated Value: $548,463 - $641,000
4
Beds
3
Baths
2,478
Sq Ft
$236/Sq Ft
Est. Value
About This Home
This home is located at 885 Gannon Dr, Hoffman Estates, IL 60169 and is currently estimated at $584,366, approximately $235 per square foot. 885 Gannon Dr is a home located in Cook County with nearby schools including Hoover Math And Science Academy, Dwight D Eisenhower Junior High School, and Hoffman Estates High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 11, 2017
Sold by
Atkuru Venkata R
Bought by
Lipi Patel Ashraykumar and Lipi Vahanwala
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
$312,000
Outstanding Balance
$257,471
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$326,895
Purchase Details
Closed on
Jan 15, 1999
Sold by
Katz Melvin J and Katz Marsha H
Bought by
Atkuru Venkata R and Atkuru Tara S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.76%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lipi Patel Ashraykumar | $390,000 | Attorneys Title Guaranty Fun | |
| Atkuru Venkata R | $235,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lipi Patel Ashraykumar | $312,000 | |
| Previous Owner | Atkuru Venkata R | $224,000 |
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 | $10,302 | $49,000 | $9,324 | $39,676 |
| 2024 | $10,302 | $36,887 | $7,770 | $29,117 |
| 2023 | $9,939 | $36,887 | $7,770 | $29,117 |
| 2022 | $9,939 | $36,887 | $7,770 | $29,117 |
| 2021 | $10,106 | $33,494 | $5,439 | $28,055 |
| 2020 | $9,944 | $33,494 | $5,439 | $28,055 |
| 2019 | $9,892 | $37,216 | $5,439 | $31,777 |
| 2018 | $9,780 | $33,427 | $4,662 | $28,765 |
| 2017 | $9,625 | $33,427 | $4,662 | $28,765 |
| 2016 | $9,215 | $33,427 | $4,662 | $28,765 |
| 2015 | $8,493 | $29,066 | $4,079 | $24,987 |
| 2014 | $8,360 | $29,066 | $4,079 | $24,987 |
| 2013 | $8,128 | $29,066 | $4,079 | $24,987 |
Source: Public Records
Map
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