885 Park Ln Hoffman Estates, IL 60192
South Ridge NeighborhoodEstimated Value: $508,000 - $555,951
4
Beds
5
Baths
1,470
Sq Ft
$359/Sq Ft
Est. Value
About This Home
This home is located at 885 Park Ln, Hoffman Estates, IL 60192 and is currently estimated at $527,988, approximately $359 per square foot. 885 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
Apr 30, 2002
Sold by
Mcdowall Charles E and Mcdowall Sharon L
Bought by
Anderson Robert G and Anderson Joan
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
$239,200
Outstanding Balance
$102,779
Interest Rate
7.18%
Estimated Equity
$425,209
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 |
|---|---|---|---|
| Anderson Robert G | -- | 1St American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Anderson Robert G | $239,200 | |
| Closed | Anderson Robert G | $44,850 |
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 | $10,740 | $41,000 | $19,575 | $21,425 |
| 2023 | $10,325 | $41,000 | $19,575 | $21,425 |
| 2022 | $10,325 | $41,000 | $19,575 | $21,425 |
| 2021 | $7,932 | $29,683 | $13,593 | $16,090 |
| 2020 | $7,892 | $29,683 | $13,593 | $16,090 |
| 2019 | $7,814 | $32,909 | $13,593 | $19,316 |
| 2018 | $8,080 | $31,686 | $12,506 | $19,180 |
| 2017 | $8,802 | $31,686 | $12,506 | $19,180 |
| 2016 | $8,423 | $31,686 | $12,506 | $19,180 |
| 2015 | $7,631 | $27,175 | $11,418 | $15,757 |
| 2014 | $7,503 | $27,175 | $11,418 | $15,757 |
| 2013 | $7,296 | $27,175 | $11,418 | $15,757 |
Source: Public Records
Map
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