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260 Continental Lane

260 Continental Lane, Schaumburg, IL 60194
Property in Schaumburg
Sold Jun 12, 1997
$187,000
$149,600 by Gmac Mtg
Mortgage Due Jun 01, 2027
260 Continental Lane 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 1977 and is 47 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. In addition, 260 Continental Lane has 1,655 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,074 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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 air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in May 30, 1997 for $187,000. That's $112.99 per sqft. 260 Continental Lane was last assessed in 2023. The total value of the property was assessed at $36,163. Specifically, the land the property is located on was valued at $6,720. While improvements on the property were assessed at a total of $29,443. 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 $8,894. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,074
  • Total Building Area: 1,655
  • Gross Building Area: 1,655
  • Building Area: 1,655
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,655
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STRATHMORE SCHAUMBURG UNIT15
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (STRATHMORE) (SCHAUMBURG) (UNIT15) SUB OF PT NE SEC 19-41-10

Ownership

  • Current Owner : RACE FREDERICK R
  • Current Owner 2: RACE RHONDA R
  • Previous Owner : ZIEMBA MICHAEL E
  • Previous Owner 2: ZIEMBA MICHAELENE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804712

Geography

  • District: 35
  • Parcel: 07-19-210-008-0000
  • Lot: 1314
  • Meridian: SEC 19 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0298
  • Longitude: -88.1328

    Address

  • Full Address: 260 Continental Ln
  • Legal Unit: 15
  • Address - House Number: 260
  • Address - Street Name: Continental
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C016
  • 4-Digit Zip Code: 3804
  • Zip Code: 60194

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,894
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 422,870
  • High Value: 519,429
  • Low Value: 326,312

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $149,600
  • First Open Lien Mortgage Lender: GMAC MTG
  • First Open Lien Mortgage Recording Date: Jun 12, 1997
  • First Open Lien Mortgage Loan Amount: $149,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2027

    Market Valuation

  • Market Total Value: $361,630
  • Market Land Value: $67,200
  • Market Improvement Value: $294,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,163
  • Assessed Land Value: $6,720
  • Assessed Improvements Value: $29,443

    Sales

  • Current Sale Contract Date: May 30, 1997
  • Current Sale Recording Date: Jun 12, 1997
  • Current Sale Transaction ID: 1092478642
  • Current Sale Price: $187,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 97420633

    Last Sale Mortgage

  • First Mortgage Lender: GMAC MTG
  • First Mortgage Transaction Date: Jun 12, 1997
  • First Mortgage Loan Amount: $149,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jun 01, 2027

About Schaumburg



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$3,295 /mo

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1922 Keystone Place, Schaumburg, IL, 60193 Listing by Abhijit Leekha

Frequently Asked Questions

What neighborhood is 260 Continental Lane located in?
The 260 Continental Lane is a located in the neighborhood of Schaumburg in Schaumburg, Schaumburg.
What is the average sales price for listings in 260 Continental Lane?
The average sales price for units in 260 Continental Lane is $0 currently.

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