NOT LISTED FOR SALE

2 Cherrywood Dr Schaumburg, IL 60194

Olde Schaumburg Neighborhood

Estimated Value: $559,000 - $643,000

4 Beds
3 Baths
2,340 Sq Ft
$259/Sq Ft Est. Value

About This Home

This home is located at 2 Cherrywood Dr, Schaumburg, IL 60194 and is currently estimated at $606,641, approximately $259 per square foot. 2 Cherrywood Dr is a home located in Cook County with nearby schools including Everett Dirksen Elementary School, Robert Frost Junior High School, and J B Conant High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2001
Sold by
Patel Ramesh Ray Z and Patel Ansuya
Bought by
Collins Steve R and Collins Linda I
Current Estimated Value
$606,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.23%

Purchase Details

Closed on
Apr 28, 1994
Sold by
Kennedy Homes Ltd
Bought by
Patel Ramesh Ray Z and Patel Ansuya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,800
Interest Rate
8.34%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Collins Steve R $330,500 First American Title
Patel Ramesh Ray Z $246,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Collins Steve R $70,272
Closed Collins Steve R $88,501
Closed Collins Steve R $170,000
Previous Owner Patel Ramesh $180,000
Previous Owner Patel Ramesh Ray Z $196,800
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 $10,934 $45,000 $19,194 $25,806
2023 $10,552 $45,000 $19,194 $25,806
2022 $10,552 $45,000 $19,194 $25,806
2021 $9,536 $38,122 $16,954 $21,168
2020 $10,431 $38,122 $16,954 $21,168
2019 $10,434 $42,358 $16,954 $25,404
2018 $11,014 $40,135 $14,395 $25,740
2017 $10,858 $40,135 $14,395 $25,740
2016 $11,321 $43,481 $14,395 $29,086
2015 $10,823 $38,801 $12,476 $26,325
2014 $10,721 $38,801 $12,476 $26,325
2013 $11,125 $41,216 $12,476 $28,740
Source: Public Records

Map

Illinois Cook County Schaumburg 60193 Olde Schaumburg

2 Cherrywood Dr, Schaumburg, IL

This home is located at 2 Cherrywood Dr, Schaumburg, IL 60194 and is currently estimated at $606,641, approximately $259 per square foot. 2 Cherrywood Dr is a home located in Cook County with nearby schools including Everett Dirksen Elementary School, Robert Frost Junior High School, and J B Conant 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.

Nearby Homes