NOT LISTED FOR SALE

Estimated Value: $507,000 - $588,000

4 Beds
3 Baths
1,758 Sq Ft
$307/Sq Ft Est. Value

Last Sold July 28, 2016

Last sale price $311,500 $177 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,523/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Fenced Yard
  • Attached Garage
  • Michael Collins Elementary School Rated A-
  • Porch
  • Breakfast Bar

About This Home

As of July 2016

SUMMIT PLACE OFFERING! Very nice 4 bedroom, 2.1 bath home that has an updated kitchen with newer cabinets, appliances and granite counters. Newer six panel doors throughout the home, sliding glass door from spacious family room to large fenced yard with storage shed. Neutrally decorated and ready for a new owner! 1st floor laundry! Super convenient location in Schaumburg near schools, shopping, train and I90. Move right in and enjoy.

Last Agent to Sell the Property

Cynthia Walsh Patterson

Compass License #475124650 Listed on: 04/08/2016

Compass

Last Buyer's Agent

Derick Creasy

Redfin Corporation License #475136951

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,338

Year Built

  • 1985

Lot Details

  • 10,019

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Additional Features

  • Laminate Flooring
  • Primary Bathroom is a Full Bathroom
  • Fenced Yard

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,338

Year Built

1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Interstate Access
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1985
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Laundry
  • Number Of Rooms: 8
  • Living Room: Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: TV-Cable, Ceiling Fan, Fan-Whole House
  • Attic: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X11, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Wood Laminate, Windows: Blinds
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level, Flooring: Wood Laminate, Windows: Blinds
  • Bedroom 4: Dimensions: 11X9, On Level: 2nd Level, Flooring: Wood Laminate, Windows: Blinds
  • Estimated Sq Ft: 1758
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch
  • Acreage: 0.2314

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Schools

  • Junior High Dist: 54

Lot Info

  • Lot Dimensions: 80' X 122'
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 07274220030000

Tax Info

  • Taxes: 6804.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2016
Closed on
Jul 25, 2016
Sold by
Shah Dolly A
Bought by
Patel Ashish and Patel Shweta
Seller's Agent
Cynthia Walsh Patterson
Compass
Buyer's Agent
Derick Creasy
Redfin Corporation
List Price
$314,500
Sold Price
$311,500
Premium/Discount to List
-$3,000
-0.95%
Current Estimated Value
$539,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,743
Avg. Annual Appreciation
6.03%
Original Mortgage
$264,775
Outstanding Balance
$210,506
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$328,737

Purchase Details

Closed on
Nov 5, 2012
Sold by
Shah Arun S and Shah Pragna A
Bought by
Shah Dolly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2004
Sold by
Wu Jian and Yang Wei
Bought by
Shah Pragna A and Shah Dolly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,920
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 20, 2001
Sold by
Young Lee Sung and Young Lee
Bought by
Wu Jian and Yang Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
7.11%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Patel Ashish $311,500 Chicago Title
Shah Dolly A -- Stewart Title Company
Shah Pragna A $315,000 Atgf Inc
Wu Jian $243,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Ashish $264,775
Previous Owner Shah Dolly A $253,500
Previous Owner Shah Pragna A $251,920
Previous Owner Wu Jian $194,400
Closed Wu Jian $36,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2016 07/28/16 Sold $311,500 -1.0% $177 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $314,500 -- $179 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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
2024 $8,338 $33,081 $11,088 $21,993
2023 $8,678 $35,366 $11,088 $24,278
2022 $8,678 $35,366 $11,088 $24,278
2021 $7,372 $27,654 $6,048 $21,606
2020 $7,313 $27,654 $6,048 $21,606
2019 $7,743 $32,318 $6,048 $26,270
2018 $6,994 $26,740 $5,292 $21,448
2017 $8,608 $29,141 $5,292 $23,849
2016 $7,360 $29,141 $5,292 $23,849
2015 $6,863 $25,564 $4,536 $21,028
2014 $6,804 $25,564 $4,536 $21,028
2013 $6,612 $25,564 $4,536 $21,028
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09188667

Midwest Real Estate Data (MRED)

APN: 07-27-422-003-0000