NOT LISTED FOR SALE

505 Summit Dr Schaumburg, IL 60193

East Schaumburg Neighborhood

Estimated Value: $595,000 - $683,000

3 Beds
3 Baths
2,292 Sq Ft
$276/Sq Ft Est. Value

Sale Details

Date Sold: September 14, 2012

Last sale price $280,000 $122 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $4,367 / mo

20 Days on Market

Highlights

  • Landscaped Professionally
  • L-Shaped Dining Room
  • Central Air
  • Michael Collins Elementary School Rated A-
  • Fenced Yard
  • 5-minute walk to Abrahamsen Park

About This Home

As of September 2012

GREAT LOCATION. UPDATED LANCER PARK SPLIT WITH FINISHED BASEMENT, IN CONANT H.S. AMAZING YARD, AND MANY IMPROVEMENTS. KIT. WITH CORIAN COUNTERS, UPDATED APPLIANCES. VERY LARGE ROOMS, TONS OF LIVING AREA & STORAGE. GREAT FIREPLACE IN HUGE FAMILY RM. LOTS OF LIGHT IN LARGE LIVING RM. HARDWOOD FLOORS UNDERNEATH THE CARPET. WALK IN CLOSETS IN BDRMS. FRESH PAINT THRU-OUT. LAUNDRY RM SO BIG IT CAN DOUBLE AS A CRAFT RM.

Last Agent to Sell the Property

Mark Bousquet

Coldwell Banker Realty License #471019971 Listed on: 08/14/2012

Coldwell Banker Realty

Last Buyer's Agent

Michael Kim

Keller Williams Success Realty

Keller Williams Success Realty

Property Details

Home Type

  • Other

Year Built

  • 1970

Lot Details

  • Fenced Yard
  • Landscaped Professionally

Parking

  • Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • L-Shaped Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sub-Basement

Schools

  • Michael Collins Elementary Schoo
  • J B Conant High School

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Year Built

1970

Lot Details

8,799 Sq Ft Lot

Parking

2

Interior Features

  • Total # Of Rooms: 8
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Sump Pump
  • Attic: Unfinished
  • Basement: Full
  • Basement: Finished, Sub-Basement
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 18X15
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 15X11
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 14X10
  • Third Bedroom Flooring: Hardwood
  • Bathroom Amenities: Separate Shower, Double Sink
  • Living Room Level: Main Level
  • Living Room Size: 21X13
  • Living Room Flooring: Carpet
  • Dining Room: Combined w/ LivRm, L-shaped
  • Dining Room Level: Main Level
  • Dining Room Size: 15X11
  • Dining Room Flooring: Carpet
  • Family Room Level: Lower
  • Family Room Size: 20X24
  • Family Room Flooring: Carpet
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 18X13
  • Kitchen Flooring: Vinyl

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Frame
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s)
  • Driveway: Concrete

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Baseboard

Schools

  • Elementary School: Michael Collins Elementary Schoo
  • High School: J B Conant High School
  • Junior High Dist: 54
  • Junior High: Robert Frost Junior High School

Lot Info

  • Lot Dimensions: 121X80X121X67
  • Lot Description: Fenced Yard, Landscaped Professionally

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2012
Closed on
Sep 10, 2012
Sold by
Bought by
Seller's Agent
Mark Bousquet
Coldwell Banker Realty
Buyer's Agent
Michael Kim
Keller Williams Success Realty
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Current Estimated Value
$633,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,277
Avg. Annual Appreciation
6.08%

Purchase Details

Closed on
Oct 6, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$280,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed --
Open $78,000
Closed $78,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/14/2012 09/14/12 Sold $280,000 -6.6% $122 / Sq Ft
09/03/2012 09/03/12 Pending -- -- --
08/14/2012 08/14/12 For Sale $299,900 -- $131 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $11,116 $54,000 $8,790 $45,210
2024 $11,116 $40,432 $7,472 $32,960
2023 $10,751 $43,001 $7,472 $35,529
2022 $10,751 $43,001 $7,472 $35,529
2021 $8,268 $30,610 $5,054 $25,556
2020 $8,194 $30,610 $5,054 $25,556
2019 $8,871 $36,525 $5,054 $31,471
2018 $8,352 $31,266 $4,175 $27,091
2017 $8,238 $31,266 $4,175 $27,091
2016 $7,947 $31,266 $4,175 $27,091
2015 $8,734 $31,819 $3,516 $28,303
2014 $8,655 $31,819 $3,516 $28,303
2013 $9,174 $31,819 $3,516 $28,303
Source: Public Records

Agents Affiliated with this Home

  • Mark Bousquet

    Seller's Agent in 2012

    Mark Bousquet

    Coldwell Banker Realty

    (847) 382-3600

    4 Total Sales

    Mark Bousquet
    Section Image
  • Michael Kim

    Buyer's Agent in 2012

    Michael Kim

    Keller Williams Success Realty

    (847) 529-5414

    1 Total Sale

    Michael Kim
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08137906

Midwest Real Estate Data (MRED)

APN: 07-26-107-019-0000

Illinois Cook County Schaumburg 60193 East Schaumburg

505 Summit Dr, Schaumburg, IL

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.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.