NOT LISTED FOR SALE

Estimated Value: $364,000 - $417,000

3 Beds
2 Baths
1,008 Sq Ft
$390/Sq Ft Est. Value

About This Home

This home is located at 1518 Bates Ln, Schaumburg, IL 60193 and is currently estimated at $393,074, approximately $389 per square foot. 1518 Bates Ln 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
Jun 12, 2021
Sold by
Payne Joseph A and Payne Sandra V
Bought by
Nava Emmanuel and Rizzo Nicole
Current Estimated Value
$393,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,022
Outstanding Balance
$299,109
Interest Rate
2.75%
Mortgage Type
FHA
Estimated Equity
$85,075

Purchase Details

Closed on
Oct 26, 2019
Sold by
Payne Joseph A and Payne Sandra V
Bought by
Payne Joseph A and Payne Sandra V

Purchase Details

Closed on
Aug 26, 1998
Sold by
Niles Robert K and Niles Sylvia Y
Bought by
Payne Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,100
Interest Rate
7.04%

Purchase Details

Closed on
Jan 23, 1995
Sold by
Sipple Jeffrey C
Bought by
Niles Robert K and Niles Sylvia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
9%

Purchase Details

Closed on
Dec 1, 1993
Sold by
Sipple Jeffrey C and Sipple Toni Marie
Bought by
Sipple Jeffrey C
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Nava Emmanuel $330,000 Chicago Title
Payne Joseph A -- Chicago Title Insurance Co
Payne Joseph $159,000 Lawyers Title Insurance Corp
Niles Robert K $128,000 Lawyers Title Insurance Corp
Sipple Jeffrey C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nava Emmanuel $324,022
Previous Owner Payne Joseph A $200,000
Previous Owner Payne Joseph A $75,355
Previous Owner Payne Joseph A $100,000
Previous Owner Payne Joseph A $91,900
Previous Owner Payne Joseph A $145,000
Previous Owner Payne Joseph $143,100
Previous Owner Niles Robert K $121,600
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 $7,334 $27,000 $6,841 $20,159
2023 $7,334 $27,000 $6,841 $20,159
2022 $7,334 $27,000 $6,841 $20,159
2021 $5,396 $21,132 $4,642 $16,490
2020 $5,371 $21,132 $4,642 $16,490
2019 $5,445 $23,744 $4,642 $19,102
2018 $5,969 $23,326 $4,153 $19,173
2017 $5,893 $23,326 $4,153 $19,173
2016 $5,753 $23,326 $4,153 $19,173
2015 $5,224 $20,084 $3,664 $16,420
2014 $5,183 $20,084 $3,664 $16,420
2013 $5,032 $20,084 $3,664 $16,420
Source: Public Records

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