NOT LISTED FOR SALE

1316 Somerset Ln Schaumburg, IL 60193

South Schaumburg Neighborhood

Estimated Value: $329,000 - $422,000

3 Beds
2 Baths
965 Sq Ft
$396/Sq Ft Est. Value

About This Home

This home is located at 1316 Somerset Ln, Schaumburg, IL 60193 and is currently estimated at $381,776, approximately $395 per square foot. 1316 Somerset Ln is a home located in Cook County with nearby schools including Thomas Dooley Elementary School, Jane Addams Junior High School, and Schaumburg High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2005
Sold by
Leiva Jose and Leiva Madelyn
Bought by
Lopez Alfredo and Lopez Noreen P
Current Estimated Value
$381,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,600
Outstanding Balance
$128,681
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$257,055
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Lopez Alfredo $297,000 Atg Search
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Alfredo $237,600
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 $7,475 $30,000 $6,883 $23,117
2023 $7,220 $30,000 $6,883 $23,117
2022 $7,220 $30,000 $6,883 $23,117
2021 $5,863 $22,674 $4,670 $18,004
2020 $5,830 $22,674 $4,670 $18,004
2019 $5,910 $25,477 $4,670 $20,807
2018 $5,611 $22,130 $4,179 $17,951
2017 $5,540 $22,130 $4,179 $17,951
2016 $5,423 $22,130 $4,179 $17,951
2015 $4,898 $18,996 $3,687 $15,309
2014 $4,861 $18,996 $3,687 $15,309
2013 $4,719 $18,996 $3,687 $15,309
Source: Public Records

Map

Illinois Cook County Schaumburg 60193 South Schaumburg

1316 Somerset Ln, Schaumburg, IL

This home is located at 1316 Somerset Ln, Schaumburg, IL 60193 and is currently estimated at $381,776, approximately $395 per square foot. 1316 Somerset Ln is a home located in Cook County with nearby schools including Thomas Dooley Elementary School, Jane Addams Junior High School, and Schaumburg High School.

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