1320 Summit Dr Schaumburg, IL 60193
South Schaumburg NeighborhoodEstimated Value: $459,000 - $542,000
3
Beds
3
Baths
1,758
Sq Ft
$291/Sq Ft
Est. Value
About This Home
This home is located at 1320 Summit Dr, Schaumburg, IL 60193 and is currently estimated at $510,846, approximately $290 per square foot. 1320 Summit Dr is a home located in Cook County with nearby schools including Frederick Nerge Elementary School, Margaret Mead Junior High School, and J B Conant High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 10, 2015
Sold by
Cairns William J and Cairns Gloria
Bought by
Cairns William J and William J Cairns Jr Trust
Current Estimated Value
Purchase Details
Closed on
Oct 22, 1999
Sold by
Itasca Bank & Trust Co
Bought by
Cairns William John and Cairns Gloria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.88%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cairns William J | -- | None Available | |
| Cairns William John | $280,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Cairns William John | $115,000 |
Source: Public Records
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 | $9,790 | $36,128 | $8,000 | $28,128 |
| 2023 | $9,466 | $38,000 | $8,000 | $30,000 |
| 2022 | $9,466 | $38,000 | $8,000 | $30,000 |
| 2021 | $6,949 | $26,551 | $22,500 | $4,051 |
| 2020 | $7,790 | $26,551 | $22,500 | $4,051 |
| 2019 | $7,802 | $29,502 | $22,500 | $7,002 |
| 2018 | $7,058 | $24,555 | $19,000 | $5,555 |
| 2017 | $6,953 | $24,555 | $19,000 | $5,555 |
| 2016 | $8,178 | $29,303 | $19,000 | $10,303 |
| 2015 | $7,143 | $23,823 | $16,000 | $7,823 |
| 2014 | $7,082 | $23,823 | $16,000 | $7,823 |
| 2013 | $7,186 | $24,737 | $16,000 | $8,737 |
Source: Public Records
Map
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