Seller's Agent in 2020
Gus Gates
Realty of America
(847) 323-6887
2 in this area
16 Total Sales
501 Cutters Mill Ln Schaumburg, IL 60194
West Schaumburg NeighborhoodEstimated Value: $436,000 - $551,519
4
Beds
3
Baths
2,110
Sq Ft
$245/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Mature Trees
- Recreation Room
- Hoover Math And Science Academy Rated A
- Deck
- Vaulted Ceiling
About This Home
As of September 2020Enjoy living in this spacious home with a large living room, separate formal dining room and updated kitchen. The breakfast area is open to the relaxing family room. The sliders in the bonus room addition open to the large deck with built in seating. 4 large bedrooms. Ensuite master bedroom. Roof & HVAC are 10 yrs young, water heater-2019. Enjoy entertaining from your deck in the shaded yard with mature trees. Located in the heart of Schaumburg's residential conveniences. 2 blocks to McLemore Park & playground. Short distance to Hoover Park and Hoover Math and Science Academy! Close to Gray Farm Park & Conservation Area and a path that leads you through the neighborhood. Easy access to Schaumburg Community Recreation Center with an indoor water park, exercise & recreation facilities. Or go South to Atcher Island Seasonal Outdoor Water Park. Close to Boomer Stadium, Metra Station, Expressways, Shopping, Dining, & the Prairie Center performing arts theater. Peaceful, engaged, residential living.
Last Agent to Sell the Property
Realty of America License #475136470 Listed on: 08/19/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,294
Year Built
- 1986
Lot Details
- East or West Exposure
- Level Lot
- Mature Trees
Parking
- Attached Garage
- Parking Available
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Colonial Architecture
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- Primary Bathroom is a Full Bathroom
- Bookcases
- Vaulted Ceiling
- Breakfast Room
- Formal Dining Room
- Recreation Room
- Bonus Room
- Wood Flooring
- Partially Finished Basement
- Partial Basement
- Storm Screens
Kitchen
- Electric Oven
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
- Disposal
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Porch
Location
- Property is near a bus stop
Utilities
- Central Air
- Heating System Uses Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- $4,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2020
Closed on
Sep 29, 2020
Sold by
Greidanus August and Augus Greidanus Living Trust
Bought by
Hoffman Christopher W and Hoffman Heather L
Seller's Agent
Gus Gates
Realty of America
Buyer's Agent
Steve DeRienzo
RE/MAX Liberty
List Price
$399,900
Sold Price
$380,000
Premium/Discount to List
-$19,900
-4.98%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,630
Avg. Annual Appreciation
6.12%
Original Mortgage
$355,000
Interest Rate
2.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 25, 2019
Sold by
Linda E Greidanus Living Trust
Bought by
Linda E Greidanus Family Trust
Purchase Details
Closed on
Apr 6, 2005
Sold by
Greidanus August and Greidanus Linda E
Bought by
Greidanus August and Greidanus Linda E
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hoffman Christopher W | $380,000 | None Available | |
| Linda E Greidanus Family Trust | -- | None Available | |
| Greidanus August | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hoffman Christopher W | $355,000 | |
| Previous Owner | Greidanus Brian E | $250,000 | |
| Previous Owner | Greidanus August | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2020 09/30/20 | Sold | $380,000 | -5.0% | $180 / Sq Ft |
| 09/09/2020 09/09/20 | Pending | -- | -- | -- |
| 08/19/2020 08/19/20 | For Sale | $399,900 | -- | $190 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $9,294 | $36,495 | $9,044 | $27,451 |
| 2023 | $9,914 | $36,495 | $9,044 | $27,451 |
| 2022 | $9,914 | $36,495 | $9,044 | $27,451 |
| 2021 | $9,984 | $32,940 | $6,188 | $26,752 |
| 2020 | $8,149 | $32,940 | $6,188 | $26,752 |
| 2019 | $8,156 | $36,600 | $6,188 | $30,412 |
| 2018 | $6,787 | $28,800 | $5,236 | $23,564 |
| 2017 | $6,712 | $28,800 | $5,236 | $23,564 |
| 2016 | $8,222 | $34,046 | $5,236 | $28,810 |
| 2015 | $5,828 | $23,977 | $4,522 | $19,455 |
| 2014 | $5,792 | $23,977 | $4,522 | $19,455 |
| 2013 | $5,613 | $23,977 | $4,522 | $19,455 |
Source: Public Records
Agents Affiliated with this Home
-
Gus Gates
-
Elizabeth Goodchild
Seller Co-Listing Agent in 2020
Elizabeth Goodchild
Realty of America
(847) 691-2976
8 in this area
615 Total Sales
-
Steve DeRienzo
Buyer's Agent in 2020
Steve DeRienzo
RE/MAX Liberty
(630) 479-9479
6 in this area
76 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10825705
APN: 07-17-317-022-0000
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