NOT LISTED FOR SALE

975 Freeman Rd Hoffman Estates, IL 60192

South Ridge Neighborhood

Estimated Value: $355,000 - $439,000

3 Beds
2 Baths
1,248 Sq Ft
$312/Sq Ft Est. Value

Sale Details

Date Sold: January 25, 2023

Last sale price $250,000 $200 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,732 / mo

About This Home

An investor's dream or handyman special! This property needs some TLC you just need to give your sweat equity! With repairs/remodeling this could be an awesome home. Raised Ranch located in desirable Westbury subdivision! Located in the highly rated William Fremd High School district! Walking distance to multiple parks, including Brittany Park, South Ridge Park, North Ridge Park, and Westbury Park. Enjoy lakeside trails, fishing, volleyball, basketball, tennis, and more.. Great location, just minutes to shopping, dining, and any amenity you could want. Sold in as is condition. 100% tax prorations. No survey. Room sizes estimated, info not guaranteed.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Jan 19, 2023
Sold by
Burns William G
Bought by
Marzec Sebastian
Seller's Agent
Richard Babula
Chicagoland Brokers Inc.
Buyer's Agent
Tom Dubowski
Family First Realty
List Price
$250,000
Sold Price
$250,000
Views
48
Current Estimated Value
$389,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,969
Avg. Annual Appreciation
14.76%
Original Mortgage
$187,500
Outstanding Balance
$180,987
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$208,982

Purchase Details

Closed on
Jun 25, 1999
Sold by
Burns William G and Burns Patricia R
Bought by
Burns William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.43%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
Marzec Sebastian $250,000 None Listed On Document
Burns William G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marzec Sebastian $187,500
Previous Owner Burns William G $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2023 01/25/23 Sold $250,000 0.0% $200 / Sq Ft View Prior Sale
11/08/2022 11/08/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $250,000 -- $200 / Sq Ft

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 $7,981 $39,001 $9,377 $29,624
2024 $7,981 $25,000 $8,037 $16,963
2023 $7,658 $32,000 $8,037 $23,963
2022 $7,658 $32,000 $8,037 $23,963
2021 $6,751 $26,155 $5,581 $20,574
2020 $6,737 $26,155 $5,581 $20,574
2019 $6,671 $28,997 $5,581 $23,416
2018 $7,434 $29,648 $5,134 $24,514
2017 $5,353 $29,648 $5,134 $24,514
2016 $5,869 $29,648 $5,134 $24,514
2015 $6,640 $25,923 $4,688 $21,235
2014 $6,379 $25,923 $4,688 $21,235
2013 $6,365 $25,923 $4,688 $21,235
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Richard Babula

    Chicagoland Brokers Inc.

    (847) 366-7559

    2 in this area

    37 Total Sales

    Richard Babula
    Section Image
  • Tom Dubowski

    Buyer's Agent in 2023

    Tom Dubowski

    Family First Realty

    (847) 630-7161

    3 in this area

    89 Total Sales

    Tom Dubowski
    Section Image
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Map

Illinois Cook County Hoffman Estates 60192 South Ridge

975 Freeman Rd, Hoffman Estates, IL

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