NOT LISTED FOR SALE

516 N Walnut Ln Unit 16 Schaumburg, IL 60194

West Schaumburg Neighborhood

Estimated Value: $436,659 - $475,000

4 Beds
3 Baths
1,647 Sq Ft
$278/Sq Ft Est. Value

About This Home

This home is located at 516 N Walnut Ln Unit 16, Schaumburg, IL 60194 and is currently estimated at $457,665, approximately $277 per square foot. 516 N Walnut Ln Unit 16 is a home located in Cook County with nearby schools including Elizabeth Blackwell Elementary School, Jane Addams Junior High School, and Schaumburg High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Patel Harish B and Patel Heena H
Current Estimated Value
$457,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$120,045
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$337,620

Purchase Details

Closed on
Aug 4, 2010
Sold by
Gerasimova Tatjana
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Nov 8, 2003
Sold by
Probst Peter and Bilaisis Vilija A
Bought by
Gerasimovas Kuzma and Gerasimova Tatjana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,800
Interest Rate
5.5%
Mortgage Type
Unknown
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.

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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.

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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.

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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
Patel Harish B $227,500 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corp -- None Available
Gerasimovas Kuzma $293,500 Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Harish B $175,000
Previous Owner Gerasimovas Kuzma $234,800
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 $7,629 $30,551 $4,693 $25,858
2023 $7,370 $30,551 $4,693 $25,858
2022 $7,370 $30,551 $4,693 $25,858
2021 $7,343 $27,558 $3,211 $24,347
2020 $7,285 $27,558 $3,211 $24,347
2019 $7,288 $30,620 $3,211 $27,409
2018 $6,314 $24,474 $2,717 $21,757
2017 $6,232 $24,474 $2,717 $21,757
2016 $6,071 $24,474 $2,717 $21,757
2015 $5,790 $21,978 $2,346 $19,632
2014 $5,743 $21,978 $2,346 $19,632
2013 $5,578 $21,978 $2,346 $19,632
Source: Public Records

Map

Illinois Cook County Schaumburg 60194 West Schaumburg

516 N Walnut Ln Unit 16, Schaumburg, IL

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