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4257 Oak Knoll Lane

4257 Oak Knoll Lane, Hoffman Estates, IL 60192
Property in Barrington
Sold Oct 26, 2021
$438,000
$448,074 by Mortgage Research Center Llc
Mortgage Due Nov 01, 2051
Sold Aug 14, 1995
$337,500
$100,000 by Suburban Bank Of Barrington
Mortgage Due Aug 01, 2025
4257 Oak Knoll Lane in Hoffman Estates, IL was first built in 1986 and is 38 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 4257 Oak Knoll Lane has 2,165 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,635 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4257 Oak Knoll Lane was last sold in Oct 15, 2021 for $438,000. According to our calculations, that's $202.31 per sqft. Prior to that sales transaction, the property was sold for $337,500 in Jul 26, 1995. Current property owners are expected to pay $9,721 in taxes per year. The property on 4257 Oak Knoll Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $39,000. To break that down further, the land itself was valued at $6,908. While improvements to the property were assessed at a total of $32,092. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,635
  • Total Building Area: 2,165
  • Gross Building Area: 2,165
  • Building Area: 2,165
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,165
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: POPLAR HILLS UNIT6
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (POPLAR)(HILLS)(UNIT6) BEING SUB OF PTS OF EH SE 24-4 2-9 & SW 19-42-10 EH SE SEC 24-42-09

Ownership

  • Current Owner : STEWART MICHAEL T
  • Current Owner 2: STEWART MONICA
  • Previous Owner : CHANG JENNY R
  • Previous Owner 2: THE JENNY R CHANG REVOCABLE LI
  • Owner Before Previous Owner: HARRING BRADLEY D
  • Owner Before Previous Owner 2: HARRING LEILA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Barrington Community Unit School District 220
  • Census Tract: 804202

Geography

  • District: 10
  • Parcel: 01-24-411-007-0000
  • Block: 28
  • Lot: 16
  • Meridian: SEC 19 TWN 42N RNG 10E
  • Municipality: BARRINGTON
  • Latitude: 42.1009
  • Longitude: -88.1224

    Address

  • Full Address: 4257 Oak Knoll Ln
  • Legal Unit: 6
  • Address - House Number: 4257
  • Address - Street Name: Oak Knoll
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C026
  • 4-Digit Zip Code: 5608
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,721
  • Tax Rate Code Area: 10059

    Appraisal Valuation

  • Standard Deviation: 0.2176
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 490,595
  • High Value: 597,354
  • Low Value: 383,835

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $448,074
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Oct 26, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $448,074
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $390,000
  • Market Land Value: $69,080
  • Market Improvement Value: $320,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,000
  • Assessed Land Value: $6,908
  • Assessed Improvements Value: $32,092

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 26, 2021
  • Current Sale Transaction ID: 11861636346
  • Current Sale Price: $438,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2129949013
  • Previous Sale Recording Date: Aug 14, 1995
  • Previous Sale Contract Date: Jul 26, 1995
  • Previous Sale Amount: $337,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Oct 26, 2021
  • First Mortgage Loan Amount: $448,074
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Nov 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: SUBURBAN BANK OF BARRINGTON
  • Previous Mortgage Transaction Date: Aug 14, 1995
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2025

About Hoffman Estates



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Frequently Asked Questions

What neighborhood is 4257 Oak Knoll Lane located in?
The 4257 Oak Knoll Lane is a located in the neighborhood of Barrington in Hoffman Estates, Hoffman Estates.
What is the average sales price for listings in 4257 Oak Knoll Lane?
The average sales price for units in 4257 Oak Knoll Lane is $0 currently.

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