Annette Panzek
Annette C Panzek LTD
(708) 854-5896
38 Total Sales
1 in East Schaumburg
$250,000 Price
532 Merlin Dr Unit 2 Schaumburg, IL 60193
East Schaumburg Neighborhood
3
Beds
2
Baths
1,440
Sq Ft
9,627
Sq Ft Lot
Highlights
- Deck
- Ranch Style House
- 2 Car Attached Garage
- Michael Collins Elementary School Rated A-
- Bamboo Flooring
- Laundry Room
About This Home
As of August 2026Beautifully updated 3-bedroom 2-bath ranch style home in desirable Lancer Park in Schaumburg! This home features an open-concept floor plan with beautiful stranded bamboo hardwood flooring throughout. The spacious living room with a large picture window flows into the dining area, featuring a custom wainscoting accent wall. The kitchen boasts stainless steel appliances, granite countertops, a tile backsplash, and a sliding glass door leading to the outdoor space - perfect for indoor/outdoor entertaining. The primary bedroom includes a walk-in closet with custom organizers, secondary closet and an en-suite bath with a large vanity and spa shower. Two additional bedrooms and a full hall bath complete the main level. The partially finished basement adds even more living space with a large family/rec room, laundry room, and plenty of storage. The backyard is a true showstopper. Relax on the composite deck overlooking the beautifully landscaped, fully fenced yard featuring stunning flower beds with azaleas, hydrangeas, peach and pear trees, and much more! Two custom trellises with climbing honeysuckle and trumpet vines create a charming garden retreat, including one with a hammock that's perfect for relaxing and enjoying the peaceful surroundings. This home is in a prime location near shopping, restaurants, Lancer Creek Park, and offering easy interstate access. Zoned for top rated schools! This move-in-ready home combines comfort, style, and an unbeatable location-don't miss the opportunity to make it your own!
Last Agent to Sell the Property
Legacy Properties, A Sarah Leonard Company, LLC License #475122634 Listed on: 07/16/2026
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,226
Year Built
- Built in 1967
Lot Details
- 9,627 Sq Ft Lot
- Fenced
- Paved or Partially Paved Lot
- Irregular Lot
Parking
- 2 Car Attached Garage
- Parking Available
- Driveway
Home Design
- Ranch Style House
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,440 Sq Ft Home
- Ceiling Fan
- Family Room
- Combination Dining and Living Room
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Bamboo
- Porcelain Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Deck
Schools
- Michael Collins Elementary Schoo
- Robert Frost Junior High School
- J B Conant High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- 100 Amp Service
- Lake Michigan Water
Community Details
- Lancer Park Subdivision
Listing and Financial Details
- Homeowner Tax Exemptions
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
Closed on
Aug 20, 2015
Sold by
Krieter Karl K
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 10, 2015
Sold by
Krieter Karl K and Krieter Karl
Bought by
Krieter Karl K and The Karl K Krieter Living Trust
Purchase Details
Closed on
May 31, 2011
Sold by
Gruenert Volkmar and Gruenert Barbara
Bought by
Krieter Karl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 21, 2000
Sold by
Gruenert Hans Dieter and Gruenert Barbara
Bought by
Gruenert Volkmar and Gruenert Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.27%
Purchase Details
Closed on
Apr 7, 1998
Sold by
Mccahey George A and Mccahey Elizabeth M
Bought by
Gruenert Hans Dieter and Gruenert Barbara
Home Values in the Area
Average Home Value in this Area
Agents Specializing in East Schaumburg, IL
-
Annette Panzek
-
Mithil Patel
Mithil Patel
HomeSmart Realty Group
(833) 691-0152
197 Total Sales
1 in East Schaumburg
$1,105,000 Price
-
Egle Vasiliauskiene
Egle Vasiliauskiene
Amber Realty Inc.
(224) 479-1151
37 Total Sales
1 in East Schaumburg
$407,900 Price
-
Kim Suhanek
Kim Suhanek
@properties Christie's International Real Estate
(224) 271-9760
88 Total Sales
2 in East Schaumburg
$257K - $325K Price Range
-
Ron Donavon
Ron Donavon
Keller Williams Inspire - Geneva
(331) 258-3865
190 Total Sales
1 in East Schaumburg
$365,000 Price
-
Vipin Gulati
Vipin Gulati
RE/MAX Professionals Select
(708) 859-6295
267 Total Sales
1 in East Schaumburg
$250,000 Price
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $165,000 | Fidelity Natl Title Ins Co | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $147,500 | Chicago Title Insurance Co | |
| Warranty Deed | $147,500 | Chicago Title Insurance Co |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $208,000 | New Conventional | |
| Closed | $148,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $140,000 | No Value Available |
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 |
|---|---|---|---|---|
| 08/28/2026 08/28/26 | Sold | $520,000 | +4.0% | $361 / Sq Ft |
| 07/22/2026 07/22/26 | Pending | -- | -- | -- |
| 07/16/2026 07/16/26 | For Sale | $499,900 | -- | $347 / 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 | $9,226 | $40,000 | $9,625 | $30,375 |
| 2024 | $8,875 | $35,000 | $8,181 | $26,819 |
| 2023 | $8,578 | $35,000 | $8,181 | $26,819 |
| 2022 | $8,578 | $35,000 | $8,181 | $26,819 |
| 2021 | $6,155 | $23,639 | $5,534 | $18,105 |
| 2020 | $6,117 | $23,639 | $5,534 | $18,105 |
| 2019 | $6,121 | $26,266 | $5,534 | $20,732 |
| 2018 | $7,192 | $27,401 | $4,571 | $22,830 |
| 2017 | $7,097 | $27,401 | $4,571 | $22,830 |
| 2016 | $6,879 | $27,401 | $4,571 | $22,830 |
| 2015 | $6,752 | $25,194 | $3,850 | $21,344 |
| 2014 | $6,695 | $25,194 | $3,850 | $21,344 |
| 2013 | -- | $25,194 | $3,850 | $21,344 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Leonard
Seller's Agent in 2026
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
(224) 239-3966
28 in this area
2,601 Total Sales
-
Julia D'Etienne
Seller Co-Listing Agent in 2026
Julia D'Etienne
Legacy Properties, A Sarah Leonard Company, LLC
(224) 425-1307
1 in this area
93 Total Sales
-
Veronika Tomasu
VT
Buyer's Agent in 2026
Veronika Tomasu
Chicagoland Brokers Inc.
(708) 528-2465
1 in this area
25 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12705995
APN: 07-26-105-001-0000
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.
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
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