Seller's Agent in 2024
Royal Hartwig
Royal Family Real Estate
(847) 321-1790
28 in this area
189 Total Sales
718 S Salem Dr Schaumburg, IL 60193
South Schaumburg NeighborhoodEstimated Value: $468,000 - $520,000
4
Beds
2.5
Baths
1,900
Sq Ft
$260/Sq Ft
Est. Value
Highlights
- Deck
- Property is near a park
- Wood Flooring
- Thomas Dooley Elementary School Rated A
- Recreation Room
- Sun or Florida Room
About This Home
As of February 2024Updated 2-story home with 3 season sun room & a full finished basement. Inviting entry with beautiful hardwood staircase & a cute farmhouse style powder room off of the foyer. Bright living room with big bay window & formal dining room with crown molding. Both rooms with hardwood floors. Updated eat-in kitchen with granite countertops, tiled backsplash, & SS appliances. Eat-in area features a built-in breakfast bar with more storage & a garden window. Kitchen overlooks the warm & cozy family room featuring a stone fireplace, beamed ceilings, & recessed lighting. Enjoy relaxing in the sun room offering vaulted ceilings & spectacular views of the yard. The second level offers hardwood floors, 4 spacious bedrooms & two updated bathrooms. Primary bedroom with private full bathroom & walk-in shower. The finished basement has a rec room, plenty of storage & a huge laundry room with utility sink. Most windows new in 2010. Roof new in 2018. Extra deep fenced in yard with deck. 2 car garage. Excellent location! Award winning Schaumburg schools.
Last Agent to Sell the Property
Royal Family Real Estate License #471018377 Listed on: 01/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,944
Year Built
- Built in 1968
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 214x137x105x72
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,900 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- Ceiling Fan
- Wood Burning Fireplace
- Entrance Foyer
- Family Room with Fireplace
- Formal Dining Room
- Recreation Room
- Sun or Florida Room
- Storage Room
- Wood Flooring
- Carbon Monoxide Detectors
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
Laundry
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Outdoor Features
- Deck
- Shed
Location
- Property is near a park
Schools
- Thomas Dooley Elementary School
- Jane Addams Junior High School
- Schaumburg High School
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- Drumcastle Subdivision, Heritage Floorplan
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2024
Closed on
Mar 7, 2024
Sold by
Steven Luas And Ann Lucas Declaration Of and Lucas Steven
Bought by
Patel Dhruv and Chaudhary Swati
Seller's Agent
Royal Hartwig
Royal Family Real Estate
Buyer's Agent
Jonathan Brax
Charles Rutenberg Realty of IL
List Price
$429,900
Sold Price
$447,000
Premium/Discount to List
$17,100
3.98%
Views
149
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
$46,967
Avg. Annual Appreciation
6.44%
Original Mortgage
$250,000
Outstanding Balance
$245,888
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$248,079
Purchase Details
Closed on
Feb 17, 2014
Sold by
Lucas Steven and Lucas Ann
Bought by
Steven Lucas & Ann Lucas Declaration Of
Purchase Details
Closed on
Dec 17, 1993
Sold by
Cain Charles E and Smart Nancy J
Bought by
Lucas Steven and Lucas Ann Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,800
Interest Rate
7.16%
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 |
|---|---|---|---|
| Patel Dhruv | $447,000 | None Listed On Document | |
| Steven Lucas & Ann Lucas Declaration Of | -- | None Available | |
| Lucas Steven | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Dhruv | $250,000 | |
| Previous Owner | Lucas Steven | $128,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/28/2024 02/28/24 | Sold | $447,000 | +4.0% | $235 / Sq Ft |
| 01/08/2024 01/08/24 | Pending | -- | -- | -- |
| 01/03/2024 01/03/24 | For Sale | $429,900 | -- | $226 / 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 | $8,222 | $32,666 | $8,896 | $23,770 |
| 2023 | $7,944 | $32,666 | $8,896 | $23,770 |
| 2022 | $7,944 | $32,666 | $8,896 | $23,770 |
| 2021 | $7,487 | $28,031 | $6,036 | $21,995 |
| 2020 | $7,426 | $28,031 | $6,036 | $21,995 |
| 2019 | $7,523 | $31,496 | $6,036 | $25,460 |
| 2018 | $7,784 | $29,371 | $5,401 | $23,970 |
| 2017 | $7,679 | $29,371 | $5,401 | $23,970 |
| 2016 | $7,423 | $29,371 | $5,401 | $23,970 |
| 2015 | $6,325 | $23,765 | $4,765 | $19,000 |
| 2014 | $7,038 | $26,354 | $4,765 | $21,589 |
| 2013 | $6,840 | $26,354 | $4,765 | $21,589 |
Source: Public Records
Agents Affiliated with this Home
-
Royal Hartwig
-
Jonathan Brax
J
Buyer's Agent in 2024
Jonathan Brax
Charles Rutenberg Realty of IL
(847) 721-1765
1 in this area
3 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11928058
APN: 07-28-115-043-0000
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