1001 Cornell Ln Schaumburg, IL 60193
South Schaumburg NeighborhoodEstimated Value: $524,863
3
Beds
3
Baths
2,017
Sq Ft
$260/Sq Ft
Est. Value
Highlights
- Multiple Garages
- Raised Ranch Architecture
- 1 Fireplace
- Nathan Hale Elementary School Rated A-
- Wood Flooring
- 2-minute walk to Jaycee Park
About This Home
As of May 2023Multiple offers received. WOW!!! WOW!! WOW!!! You won't believe everything this home has to offer!!! What could you use an over sized heated Garage & workshop behind the home for!? It's 940 sq ft of space with multiple entry points & a 90x 20 garage door. This allows easy drive in height for large vehicles, utility storage, & vaulted ceiling for car lift if desired. ***This is a one of kind garage, you can not build them this big anymore! The seller has poured options & upgrades into this home!! Raised ranch that has 3 bedrooms & 3 bathrooms & a 2 car attached garage. Home features include: Hardwood floors, 50k of Marvin wood windows/ glass sliders, 50 year roof, granite counters, maple cabinets, Heat/cooled seasons room with skylights & windows for natural sunlight, solid wood doors & trim, camera/ surveillance/ security system controlled via phone app, trex decking, under cabinet lighting, new A/C & Furnace, endless on demand hot water tank, updated bathrooms with body sprayers in master, under house heated storage room, granite fire place with a purple heart mantle on lower level! Hurry, call to schedule your tour today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,379
Year Built
- Built in 1967
Lot Details
- 10,062
Parking
- 8 Car Garage
- Multiple Garages
- Garage ceiling height seven feet or more
- Heated Garage
- Garage Door Opener
- Driveway
- Parking Space is Owned
Home Design
- Raised Ranch Architecture
Interior Spaces
- 2,017 Sq Ft Home
- 1 Fireplace
- Family Room
- Living Room
- Combination Kitchen and Dining Room
- Heated Sun or Florida Room
- Wood Flooring
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 3 Full Bathrooms
Utilities
- Central Air
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 19, 2023
Closed on
May 11, 2023
Sold by
Peters Thomas W
Bought by
Cotto Elvin L and Velez Sabrina
Seller's Agent
Pamela Coester Oswald
RE/MAX Plaza
Buyer's Agent
Sherita Owens
Keller Williams ONEChicago
List Price
$475,000
Sold Price
$480,000
Premium/Discount to List
$5,000
1.05%
Total Days on Market
4
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,863
Avg. Annual Appreciation
0.56%
Original Mortgage
$471,306
Outstanding Balance
$461,372
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$24,060
Purchase Details
Closed on
Aug 17, 2005
Sold by
Peters Thomas W and Peters Julie A
Bought by
Peters Thomas W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
1.25%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jul 23, 2001
Sold by
Wacyk Thomas and Wacyk Laura
Bought by
Peters Thomas W and Peters Julie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,250
Interest Rate
7.14%
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
Similar Homes in Schaumburg, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cotto Elvin L | $480,000 | None Listed On Document | |
| Peters Thomas W | -- | Freedom Title Corp | |
| Peters Thomas W | $205,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cotto Elvin L | $471,306 | |
| Previous Owner | Peters Thomas W | $304,104 | |
| Previous Owner | Peters Thomas W | $290,000 | |
| Previous Owner | Peters Thomas W | $173,230 | |
| Previous Owner | Peters Thomas W | $174,250 | |
| Previous Owner | Wacyk Thomas A | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/26/2023 05/26/23 | Sold | $480,000 | +1.1% | $238 / Sq Ft |
| 04/24/2023 04/24/23 | Pending | -- | -- | -- |
| 04/19/2023 04/19/23 | For Sale | $475,000 | -- | $235 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $8,578 | $35,001 | $7,046 | $27,955 |
| 2023 | $8,578 | $35,001 | $7,046 | $27,955 |
| 2022 | $8,578 | $35,001 | $7,046 | $27,955 |
| 2021 | $5,379 | $21,078 | $4,780 | $16,298 |
| 2020 | $5,355 | $21,078 | $4,780 | $16,298 |
| 2019 | $6,223 | $26,645 | $4,780 | $21,865 |
| 2018 | $4,814 | $19,475 | $4,277 | $15,198 |
| 2017 | $4,756 | $19,475 | $4,277 | $15,198 |
| 2016 | $7,430 | $29,395 | $4,277 | $25,118 |
| 2015 | $5,606 | $21,361 | $3,774 | $17,587 |
| 2014 | $5,560 | $21,361 | $3,774 | $17,587 |
| 2013 | $5,400 | $21,361 | $3,774 | $17,587 |
Source: Public Records
Agents Affiliated with this Home
-
Pamela Coester Oswald
Seller's Agent in 2023
Pamela Coester Oswald
RE/MAX
(224) 200-3194
1 in this area
40 Total Sales
-
Sherita Owens
Buyer's Agent in 2023
Sherita Owens
Keller Williams ONEChicago
(312) 647-3171
1 in this area
88 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11754817
APN: 07-29-408-023-0000
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