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102 North Summit Drive

102 North Summit Drive, Schaumburg, IL 60194
Townhouse in Schaumburg
Sold Nov 27, 2019
$255,000
$143,000 by United Wholesale Mortgage Llc
Mortgage Due Dec 01, 2051
102 North Summit Drive has been categorized by the local assessors in Schaumburg, IL as a residential type of property. The building on the property was first built in 1987 and is 37 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 102 North Summit Drive has 1,475 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 300 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 3,003 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Nov 15, 2019 for $255,000. That's $172.88 per sqft. 102 North Summit Drive was last assessed in 2023. The total value of the property was assessed at $30,000. Specifically, the land the property is located on was valued at $5,500. While improvements on the property were assessed at a total of $24,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,220. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Exterior Insulation Finishing System

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Modern
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,003
  • Lot Size Depth Feet: 300
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,475
  • Gross Building Area: 1,475
  • Building Area: 1,475
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,475
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ASHTON PARK BNG A SUB OF PT OF THE SE
  • Land Acres: 0.069
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: (ASHTON) PARK BNG A SUB OF PT OF THE SE OF THE NE OF SEC22 & PT OF THE SW NW SEC 23-41-10

Ownership

  • Current Owner : LI JIXIAN
  • Previous Owner : CHICAGO TITLE LAND TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804608

Geography

  • District: 35
  • Parcel: 07-22-203-017-0000
  • Lot: 39
  • Meridian: SEC 23 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0296
  • Longitude: -88.0708

    Address

  • Full Address: 102 N Summit Dr
  • Address - House Number: 102
  • Street Direction: N
  • Address - Street Name: Summit
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C030
  • 4-Digit Zip Code: 3686
  • Zip Code: 60194

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,220
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.2259
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 363,759
  • High Value: 445,968
  • Low Value: 281,550

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $143,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 12, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $143,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $55,000
  • Market Improvement Value: $245,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $24,500

    Sales

  • Current Sale Contract Date: Nov 15, 2019
  • Current Sale Recording Date: Nov 27, 2019
  • Current Sale Transaction ID: 11704990822
  • Current Sale Price: $255,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1933155097

    Last Sale Mortgage

  • First Mortgage Lender: LENDSURE MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 27, 2019
  • First Mortgage Loan Amount: $208,080
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 102 North Summit Drive located in?
The 102 North Summit Drive is a townhouse located in the neighborhood of Schaumburg in Schaumburg, Schaumburg.
What is the average sales price for listings in 102 North Summit Drive?
The average sales price for units in 102 North Summit Drive is $0 currently.

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