When was property at 1216 Allison Lane built and last sold?

The property at 1216 Allison Lane was built in 1975 and last sold on May 27, 2011 for $312,000.

How much is this home worth?

The estimated value of the home located at 1216 Allison Lane is $485,046.

What are some comparable homes to 1216 Allison Lane?

There are currently no comparable homes to 1216 Allison Lane.

Schaumburg

60194

1216 Allison Lane

$460,000

● House - Off Market

1216 Allison Lane

Schaumburg, IL 60194

4 Beds

3 Baths, 1 Half Bath

2,106 Ft²

$2,987

Est. Monthly

6.30%

Cap Rate

About This Property

Come and see this beautiful, well maintained, two story home. It is located in a wonderful area of Schaumburg. The public schools are highly sought after and include Hoover Math and Science Academy and Schaumburg High School. The home has been nicely updated throughout. The Kitchen was remodeled with all stainless steel appliances, all the bathrooms were updated including a remodel to the master bath to include a separate shower and jacuzzi tub, and new flooring was installed on both floors. The furnace/AC, Roof, Siding, and garage door are all new in 2017 and the attic was newly insulated this year! The back yard includes a nice patio, plenty of yard space and backs up to open land where you will not have any neighbors. It truly is an amazing family home.

Unit Size

2,106 Ft²

Days on Market

Land Size

0.21 acres

Price per sqft

$226

Property Type

House

Property Taxes

$652

HOA Dues

Year Built

1975

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12199854)

Price History

Date / Event	Date	Event
Dec 20, 2024	Sold	Premium
Sold
Nov 7, 2024	In contract	-
In contract
Oct 31, 2024	Listed by Century 21 Circle	$475,500
Listed by Century 21 Circle

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1975

Effective Year Built: 1975
Building Count: 1
Total Rooms: 7
Bedroom Count: 3
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 60
Exterior Walls Type: 17
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 9,000

Lot Size Depth Feet: 1,200
Lot Size Frontage Feet: 750
Total Building Area: 1,650
Gross Building Area: 1,650
Building Area: 1,650
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 24
Heated Square Feet: 1,650
Heating Fuel Type: 0

Utilities

Sewer System: 3

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: STRATHMORE SCHAUMBURG UNIT7
Land Acres: 0000000207
Standard Land Use Code: 1001
County Land Use Code: 2-07
Legal Description 1: (STRATHMORE) (SCHAUMBURG) (UNIT7) SUB OF PT SECS16-17 ,20 SEC 17-41-10

Neighborhood

School District Name: Schaumburg Community Consolidated School District 54

Census Tract: 804716

Geography

District: 35

Parcel: 07-17-403-047-0000
Lot: 571
Meridian: SEC 17 TWN 41N RNG 10E
Municipality: SCHAUMBURG
Latitude: 42.0365
Longitude: -88.1106

Address

Full Address: 1216 Allison Ln

Legal Unit: 7
Address - House Number: 1216
Address - Street Name: Allison
Address - Suffix Type: Ln
State: IL
City Name: Schaumburg
Carrier Code: C021
4-Digit Zip Code: 2720
Zip Code: 60194

Valuation

Tax

Tax Year: 2022

Tax Amount: $755,479
Tax Rate Code Area: 35011

Appraisal Valuation

Standard Deviation: 0.2283

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 388,737
High Value: 477,501
Low Value: 299,973

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $312,320

Market Land Value: $63,000
Market Improvement Value: $249,320

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $31,232
Assessed Land Value: $6,300
Assessed Improvements Value: $24,932

Sales

Current Sale Contract Date: May 27, 2011

Current Sale Recording Date: Jun 08, 2011
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 1115912177
Previous Sale Recording Date: Oct 25, 2010
Previous Sale Contract Date: Sep 07, 2010
Previous Sale Amount: $247,000
Previous Sale Document Type: 68

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Schaumburg

Stats & Trends

Median Asking:

$359,999

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

Average Home Size

1643 ft²

Average Home Age

40.2 years

Currently For Sale

120 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$3,200 /mo

3 Beds
1 Bath
1,515 ft²

115 Princeton Street, Hoffman Estates, IL, 60169 Listing by Arlyn Tratt

Unit for rent at 616 Grace Lane, Schaumburg, IL, 60193

$3,300 /mo

3 Beds
1 Bath
1,452 ft²

616 Grace Lane, Schaumburg, IL, 60193 Listing by Dorothy Zielinski

Unit for rent at 840 Heather Lane, Hoffman Estates, IL, 60169

$3,250 /mo

4 Beds
2 Baths
1,952 ft²

840 Heather Lane, Hoffman Estates, IL, 60169 Listing by Michael Rein

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Jonathan Roth, Century 21 Circle
Last Updated: 2 years ago
Data Source: MRED, MLS# 12199854

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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

1216 Allison Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Schaumburg

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions