When was property at 1523 Bates Lane built and last sold?

The property at 1523 Bates Lane was built in 1968 and last sold on Oct 5, 2022 for $315,000.

How much is this home worth?

The estimated value of the home located at 1523 Bates Lane is $330,430.

What are some comparable homes to 1523 Bates Lane?

There are currently no comparable homes to 1523 Bates Lane.

Schaumburg

60193

1523 Bates Lane

$315,000

● House - Off Market

1523 Bates Lane

Schaumburg, IL 60193

3 Beds

2 Baths, 1 Half Bath

1,026 Ft²

$345,201

RealtyHop Estimate

4.64%

Since Nov 1, 2022

National-US

Primary Model

About This Property

NEAT, CLEAN & READY TO MOVE IN! RAISED RANCH ON LARGE FENCED IN LOT. NEWER ROOF, SIDING, WINDOWS, FURNANCE & CENTRAL AIR. REMODELED KITCHEN WITH GRANITE COUNTER TOPS & S.S. APPLIANCE. ALL NEW HARDWOOD FLOORS ON MAIN LEVEL, NEW CARPET LOWER LEVEL, REMODELE BATHROOM & FRESHLY PAINTED. ENJOY THE SUMMER IN YOUR SCREENED IN DECK. MINUTES AWAY FROM SHOPPING, PARKS & SCHAUMBURG TRAIN STATION.

Unit Size

1,026 Ft²

Days on Market

Land Size

0.22 acres

Price per sqft

$322

Property Type

House

Property Taxes

$256

HOA Dues

Year Built

1968

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11623275)

Price History

Date / Event	Date	Event
Oct 19, 2022	Sold	Premium
Sold
Sep 8, 2022	No longer available	-
No longer available
Sep 7, 2022	Listed by Realty Executives Advance	$329,900
Listed by Realty Executives Advance
Sep 1, 2022	Price Decreased	$334,900 ↓ $5K (1.5%)
Price Decreased
Aug 18, 2022	Price Decreased	$339,900 ↓ $10K (2.9%)
Price Decreased
Jul 6, 2022	Listed by Realty Executives Advance	$349,900
Listed by Realty Executives Advance

	NEAT, CLEAN & READY TO MOVE IN! RAISED RANCH ON LARGE FENCED IN LOT. NEWER ROOF, SIDING, WINDOWS, FURNANCE & CENTRAL AIR. REMODELED KITCHEN WITH GRANITE COUNTER TOPS & S.S. APPLIANCE. ALL NEW HARDWOOD FLOORS ON MAIN LEVEL, NEW CARPET LOWER LEVEL, REMODELE BATHROOM & FRESHLY PAINTED. ENJOY THE SUMMER IN YOUR SCREENED IN DECK. MINUTES AWAY FROM SHOPPING, PARKS & SCHAUMBURG TRAIN STATION. The manager has listed the unit size as 1026 square feet.

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1968

Effective Year Built: 1968
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 28
Exterior Walls Type: 17
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 0
Garage Type: 1
Parking Space Count: 1
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 9,642

Total Building Area: 984
Gross Building Area: 984
Building Area: 984
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 24
Heated Square Feet: 984
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: SECTION2 OF WEATHERSFIELD UNIT6
Land Acres: 0000000221
Standard Land Use Code: 1001
County Land Use Code: 2-02
Legal Description 1: (SECTION2) OF (WEATHERSFIELD) (UNIT6) A SUB IN SE SEC 29-41-10

Neighborhood

School District Name: Schaumburg Community Consolidated School District 54

Census Tract: 804807

Geography

District: 35

Parcel: 07-29-413-015-0000
Lot: 6342
Meridian: SEC 29 TWN 41N RNG 10E
Municipality: SCHAUMBURG
Latitude: 42.0053
Longitude: -88.1183

Address

Full Address: 1523 Bates Ln

Legal Unit: 6
Address - House Number: 1523
Address - Street Name: Bates
Address - Suffix Type: Ln
State: IL
City Name: Schaumburg
Carrier Code: C007
4-Digit Zip Code: 3668
Zip Code: 60193

Valuation

Tax

Tax Year: 2022

Tax Amount: $538,999
Tax Rate Code Area: 35011

Appraisal Valuation

Standard Deviation: 0.198

Valuation Date: Mar 20, 2024
Confidence Score: 73
Final Value: 339,856
High Value: 407,155
Low Value: 272,556

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 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: $260,000

Market Land Value: $67,490
Market Improvement Value: $192,510

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $26,000
Assessed Land Value: $6,749
Assessed Improvements Value: $19,251

Sales

Current Sale Contract Date: Oct 05, 2022

Current Sale Recording Date: Oct 24, 2022
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 25069

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

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:

$365,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

Average Home Size

1632 ft²

Average Home Age

40.1 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

Unit for rent at 503 Case Court, Schaumburg, IL, 60193

$2,750 /mo

3 Beds
1 Bath
1,400 ft²

503 Case Court, Schaumburg, IL, 60193 Listing by Gary Christensen

Unit for rent at 6412 Fremont Drive, Hanover Park, IL, 60133

$2,600 /mo

2 Beds
1 Bath
1,336 ft²

6412 Fremont Drive #6412, Hanover Park, IL, 60133 Listing by Melissa Yackley

Unit for rent at 311 Glasgow Lane, Schaumburg, IL, 60194

$2,595 /mo

3 Beds
2 Baths
1,300 ft²

311 Glasgow Lane #Z2, Schaumburg, IL, 60194 Listing by Abhijit Leekha

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Hank Fatoorehchi, Realty Executives Advance
Last Updated: 3 years ago
Data Source: MRED, MLS# 11623275

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.

1523 Bates 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