NOT LISTED FOR SALE

225 Sumac Ln Schaumburg, IL 60193

South Schaumburg Neighborhood

Estimated Value: $550,000 - $614,000

4 Beds
3 Baths
2,653 Sq Ft
$218/Sq Ft Est. Value

About This Home

This home is located at 225 Sumac Ln, Schaumburg, IL 60193 and is currently estimated at $579,505, approximately $218 per square foot. 225 Sumac Ln is a home located in Cook County with nearby schools including Everett Dirksen Elementary School, Robert Frost Junior High School, and Schaumburg High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2016
Sold by
Nusret Ferhat and Nusret Debra E
Bought by
Nusret Ferhat and Nusret Debra E
Current Estimated Value
$579,505

Purchase Details

Closed on
Aug 8, 1997
Sold by
Phelps Margaret
Bought by
Nusret Ferhat and Nusret Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$22,820
Interest Rate
7.71%
Estimated Equity
$556,685

Purchase Details

Closed on
Oct 6, 1994
Sold by
Phelps Warren L and Phelps Margaret E
Bought by
Phelps Margaret E and Margaret E Phelps Trust

Purchase Details

Closed on
Aug 2, 1993
Sold by
Phelps Warren L
Bought by
Phelps Warren L and Phelps Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.22%
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
Nusret Ferhat -- Attorney
Nusret Ferhat -- --
Phelps Margaret E -- --
Phelps Warren L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nusret Ferhat $150,000
Previous Owner Phelps Warren L $125,000
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 $7,922 $42,000 $9,099 $32,901
2023 $7,925 $42,000 $9,099 $32,901
2022 $7,925 $42,000 $9,099 $32,901
2021 $8,434 $34,486 $7,835 $26,651
2020 $7,883 $34,486 $7,835 $26,651
2019 $8,206 $38,318 $7,835 $30,483
2018 $9,204 $36,851 $6,824 $30,027
2017 $9,888 $36,851 $6,824 $30,027
2016 $9,490 $36,851 $6,824 $30,027
2015 $8,498 $31,030 $5,813 $25,217
2014 $8,421 $31,030 $5,813 $25,217
2013 $8,188 $31,030 $5,813 $25,217
Source: Public Records

Map

Illinois Cook County Schaumburg 60193 South Schaumburg

225 Sumac Ln, Schaumburg, IL

This home is located at 225 Sumac Ln, Schaumburg, IL 60193 and is currently estimated at $579,505, approximately $218 per square foot. 225 Sumac Ln is a home located in Cook County with nearby schools including Everett Dirksen Elementary School, Robert Frost 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.

Nearby Homes