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403 South Cedarcrest Drive

403 South Cedarcrest Drive, Schaumburg, IL 60193
Property in Schaumburg
Sold Oct 05, 2016
$285,000
$228,000 by Phh Home Loans Llc
Mortgage Due Oct 01, 2046
Sold Aug 20, 1999
$232,000
$185,600 by Chicago Bancorp Inc
Mortgage Due Sep 01, 2029
403 South Cedarcrest Drive in Schaumburg, IL was first built in 1974 and is 50 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 unknown. There are a total of 2 floors. 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. 403 South Cedarcrest Drive has 2,201 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. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 8,750 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 wood. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 403 South Cedarcrest Drive sold most recently in Sep 21, 2016 for a total of $285,000. If you work out the math, that's approximately a cost of $129.49 per sqft. Before that, the property was also sold for $232,000 in Aug 6, 1999. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,732 in taxes each year. 403 South Cedarcrest Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $35,564. If we break it down further, the land itself was valued at $7,875. Improvements to the property, however, were assessed at a total of $27,689. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • 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
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,201
  • Gross Building Area: 2,201
  • Building Area: 2,201
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,201
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SECOND RESUB OF WEATHERSFIELD UNIT4
  • Land Acres: 0.201
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SECOND) RESUB OF (WEATHERSFIELD) (UNIT4) A SUB IN SE CS20, 28 & SEC 29-41-10

Ownership

  • Current Owner : KIM KI HYUN
  • Current Owner 2: KIM HYE KYONG
  • Previous Owner : STEINEKE DAWN
  • Owner Before Previous Owner: CURIN JOHN T
  • Owner Before Previous Owner 2: CURIN CHRISTINE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804810

Geography

  • District: 35
  • Parcel: 07-28-215-002-0000
  • Lot: 467
  • Meridian: SEC 29 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0192
  • Longitude: -88.0914

    Address

  • Full Address: 403 S Cedarcrest Dr
  • Legal Unit: 4
  • Address - House Number: 403
  • Street Direction: S
  • Address - Street Name: Cedarcrest
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C002
  • 4-Digit Zip Code: 2702
  • Zip Code: 60193

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,732
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 450,464
  • High Value: 551,647
  • Low Value: 349,281

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,000
  • First Open Lien Mortgage Lender: PHH HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Oct 05, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $228,000
  • 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: Oct 01, 2046

    Market Valuation

  • Market Total Value: $355,640
  • Market Land Value: $78,750
  • Market Improvement Value: $276,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,564
  • Assessed Land Value: $7,875
  • Assessed Improvements Value: $27,689

    Sales

  • Current Sale Contract Date: Sep 21, 2016
  • Current Sale Recording Date: Oct 05, 2016
  • Current Sale Transaction ID: 1798618350
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1627941054
  • Previous Sale Recording Date: Aug 20, 1999
  • Previous Sale Contract Date: Aug 06, 1999
  • Previous Sale Amount: $232,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PHH HOME LOANS LLC
  • First Mortgage Transaction Date: Oct 05, 2016
  • First Mortgage Loan Amount: $228,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CHICAGO BANCORP INC
  • Previous Mortgage Transaction Date: Aug 20, 1999
  • Previous Mortgage Loan Amount: $185,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 01, 2029

About Schaumburg



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Frequently Asked Questions

What neighborhood is 403 South Cedarcrest Drive located in?
The 403 South Cedarcrest Drive is a located in the neighborhood of Schaumburg in Schaumburg, Schaumburg.
What is the average sales price for listings in 403 South Cedarcrest Drive?
The average sales price for units in 403 South Cedarcrest Drive is $0 currently.

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