NOT LISTED FOR SALE

1240 Springsouth Rd Schaumburg, IL 60193

South Schaumburg Neighborhood

Estimated Value: $516,000 - $573,000

4 Beds
3 Baths
2,326 Sq Ft
$233/Sq Ft Est. Value

About This Home

This home is located at 1240 Springsouth Rd, Schaumburg, IL 60193 and is currently estimated at $541,815, approximately $232 per square foot. 1240 Springsouth Rd is a home located in Cook County with nearby schools including Nathan Hale Elementary School, Jane Addams Junior High School, and Schaumburg High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2011
Sold by
Dover Hazel E
Bought by
Khalid Arshad
Current Estimated Value
$541,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,515
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 1999
Sold by
Dover John R
Bought by
Dover John R and Dover Hazel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,448
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 1, 1995
Sold by
Dover Margaret A
Bought by
Dover John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Khalid Arshad $335,000 Cti
Dover John R -- Chicago Title Insurance Co
Dover John R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khalid Arshad $304,515
Previous Owner Dover John R $142,000
Source: Public Records

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 $9,996 $39,000 $14,427 $24,573
2023 $9,665 $39,000 $14,427 $24,573
2022 $9,665 $39,000 $14,427 $24,573
2021 $8,674 $31,948 $9,789 $22,159
2020 $8,592 $31,948 $9,789 $22,159
2019 $8,703 $35,897 $9,789 $26,108
2018 $8,857 $32,949 $8,759 $24,190
2017 $8,736 $32,949 $8,759 $24,190
2016 $8,412 $32,949 $8,759 $24,190
2015 $8,096 $29,685 $7,728 $21,957
2014 $8,023 $29,685 $7,728 $21,957
2013 $7,800 $29,685 $7,728 $21,957
Source: Public Records

Map

Illinois Cook County Schaumburg 60193 South Schaumburg

1240 Springsouth Rd, Schaumburg, IL

This home is located at 1240 Springsouth Rd, Schaumburg, IL 60193 and is currently estimated at $541,815, approximately $232 per square foot. 1240 Springsouth Rd is a home located in Cook County with nearby schools including Nathan Hale Elementary School, Jane Addams Junior High School, and Schaumburg High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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