When was property at 1516 Willow Road built and last sold?

The property at 1516 Willow Road was built in 1961 and last sold on Aug 12, 2008 for $477,500.

How much is this home worth?

The estimated value of the home located at 1516 Willow Road is $504,899.

What are some comparable homes to 1516 Willow Road?

There are currently no comparable homes to 1516 Willow Road.

Schaumburg

60173

1516 Willow Road

$477,500

● House - Off Market

1516 Willow Road

SCHAUMBURG, IL 60173

3 Beds

2 Baths, 2 Half Baths

2,116 Ft²

$1,007,361

RealtyHop Estimate

91.88%

Since Sep 1, 2008

National-US

Primary Model

About This Property

Living in both world of town & country. This wonderful 1/2 acre lot & split level is located in east Schaumburg w/in the desirable Woodfield Shopping Mall.3 BR, 2.2 Baths, main level family Rm, walk-out lower level w/ Rec Rm & office / guest Rm. Resurfaced kitchen cabinets w/ corien counter tops. 5 burner stove top, build-in oven, etc. Enjoy the beautiful garden, yet so close to Woodfield shopping & express ways.

Unit Size

2,116 Ft²

Days on Market

Land Size

0.59 acres

Price per sqft

$248

Property Type

House

Property Taxes

$595

HOA Dues

Year Built

1961

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Property Highlights

Air Conditioning

Garage

Parking Available

Building Info

Overview

General

Year Built: 1961

Effective Year Built: 1961
Building Count: 1
Total Rooms: 8
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 41
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 150
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 0
Garage Type: 11
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 25,892

Total Building Area: 2,116
Gross Building Area: 2,116
Building Area: 2,116
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 24
Heated Square Feet: 2,116
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: LEXINGTON FIELDS 02
Land Acres: 0000000594
Standard Land Use Code: 1001
County Land Use Code: 2-34

Neighborhood

School District Name: Schaumburg Community Consolidated School District 54

Census Tract: 804609

Geography

District: 35

Parcel: 07-24-101-019-0000
Lot: 2
Meridian: SEC 24 TWN 41N RNG 10E
Municipality: SCHAUMBURG
Latitude: 42.0353
Longitude: -88.0418

Address

Full Address: 1516 Willow Rd

Address - House Number: 1516
Address - Street Name: Willow
Address - Suffix Type: Rd
State: IL
City Name: Schaumburg
Carrier Code: C004
4-Digit Zip Code: 2135
Zip Code: 60173

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,005,073
Initial Tax Delinquent Year: 2021
Tax Rate Code Area: 35011

Appraisal Valuation

Standard Deviation: 0.1975

Valuation Date: Mar 20, 2024
Confidence Score: 73
Final Value: 536,459
High Value: 642,424
Low Value: 430,493

Market Valuation

Market Total Value: $370,000

Market Land Value: $129,460
Market Improvement Value: $240,540

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $37,000
Assessed Land Value: $12,946
Assessed Improvements Value: $24,054

Sales

Current Sale Contract Date: Aug 12, 2008

Current Sale Recording Date: Aug 18, 2008
Current Sale Price:

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Current Sale Document Type: 71
Current Sale Input Document Number: 0823155001
Previous Sale Recording Date: Jul 12, 2005
Previous Sale Contract Date: Jun 23, 2005
Previous Sale Amount: $478,000
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Type:

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Previous Mortgage Loan Due Date:

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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:

$342,450

Sale Price/ft²

$249

Below Asking

0.01%

Average Days on Market

Average Home Size

1594 ft²

Average Home Age

39.6 years

Currently For Sale

128 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

Unit for rent at 706 N Point Drive, Schaumburg, IL, 60193

$3,500 /mo

4 Beds
2 Baths
2,351 ft²

706 N Point Drive, Schaumburg, IL, 60193 Listing by Sarah Leonard

Unit for rent at 2329 Alumni Drive, Schaumburg, IL, 60173

$3,500 /mo

3 Beds
2 Baths
1,782 ft²

2329 Alumni Drive, Schaumburg, IL, 60173 Listing by Sunita Kakarlapudi

Unit for rent at 261 Driftwood Lane, Schaumburg, IL, 60193

$2,675 /mo

3 Beds
2 Baths
1,200 ft²

261 Driftwood Lane #A2, Schaumburg, IL, 60193 Listing by Carol Weiskirch

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Dora Yen, Realty 8 Inc.
Data Source: MRED, MLS# MRD06861345

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.

1516 Willow Road

About This Property

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Schaumburg

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions