Check Availability

216 Islington Lane

216 Islington Lane, Schaumburg, IL 60193
Property in Schaumburg
Sold Jan 18, 2017
$280,000
$180,000 by Guaranteed Rate Inc
Mortgage Due Jan 01, 2047
Sold Nov 13, 2000
$315,000
$250,500 by Smart Mtg Access Llc
Mortgage Due Nov 01, 2030
216 Islington Lane in Schaumburg, IL was first built in 1985 and is 39 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 216 Islington Lane has 2,523 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 16,875 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 216 Islington Lane was last sold in Dec 20, 2016 for $280,000. According to our calculations, that's $110.98 per sqft. Prior to that sales transaction, the property was sold for $315,000 in Oct 27, 2000. Current property owners are expected to pay $11,017 in taxes per year. The property on 216 Islington Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $43,978. To break that down further, the land itself was valued at $13,500. While improvements to the property were assessed at a total of $30,478. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,875
  • Total Building Area: 2,523
  • Gross Building Area: 2,523
  • Building Area: 2,523
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,523
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEATHERSFIELD WEST UNIT2
  • Land Acres: 0.387
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WEATHERSFIELD) (WEST) (UNIT2) SUB IN SE SEC 19-41-10

Ownership

  • Current Owner : KIM RICHARD RAK
  • Current Owner 2: KIM JENNY
  • Previous Owner : KALLURI SAIRAM
  • Previous Owner 2: KALLURI HEMASRI
  • Owner Before Previous Owner: LAKIC DRAGO
  • Owner Before Previous Owner 2: LAKIC SOPHIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804805

Geography

  • District: 35
  • Parcel: 07-19-414-006-0000
  • Lot: 163
  • Meridian: SEC 19 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0202
  • Longitude: -88.1355

    Address

  • Full Address: 216 Islington Ln
  • Legal Unit: 2
  • Address - House Number: 216
  • Address - Street Name: Islington
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C036
  • 4-Digit Zip Code: 1018
  • Zip Code: 60193

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,017
  • Tax Rate Code Area: 35019

    Appraisal Valuation

  • Standard Deviation: 0.2222
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 473,814
  • High Value: 579,140
  • Low Value: 368,489

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 18, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $180,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2047

    Market Valuation

  • Market Total Value: $439,780
  • Market Land Value: $135,000
  • Market Improvement Value: $304,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,978
  • Assessed Land Value: $13,500
  • Assessed Improvements Value: $30,478

    Sales

  • Current Sale Contract Date: Dec 20, 2016
  • Current Sale Recording Date: Jan 18, 2017
  • Current Sale Transaction ID: 1932756899
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1701812042
  • Previous Sale Recording Date: Nov 13, 2000
  • Previous Sale Contract Date: Oct 27, 2000
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jan 18, 2017
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: SMART MTG ACCESS LLC
  • Previous Mortgage Transaction Date: Nov 13, 2000
  • Previous Mortgage Loan Amount: $250,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 01, 2030

About Schaumburg



Similar Buildings

Currently no similar buildings around

Nearby Rentals

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
Unit for rent at 11 N Braintree Drive, Schaumburg, IL, 60194

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,278 ft²
11 N Braintree Drive, Schaumburg, IL, 60194 Listing by Dilip Shinde
Unit for rent at 141 S Holmes Way, Schaumburg, IL, 60193

$2,495 /mo

  • 3 Beds
  • 2.5 Baths
141 S Holmes Way, Schaumburg, IL, 60193 Listing by Steve Burke

Frequently Asked Questions

What neighborhood is 216 Islington Lane located in?
The 216 Islington Lane is a located in the neighborhood of Schaumburg in Schaumburg, Schaumburg.
What is the average sales price for listings in 216 Islington Lane?
The average sales price for units in 216 Islington Lane is $0 currently.

Quantcast