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Schaumburg 60193
418 Summit Drive
$405,000
● House - Off Market

418 Summit Drive

Schaumburg, IL 60193
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,430 Ft²
$432,563
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

"Welcome to an opportunity of a lifetime in Schaumburg, the suburban gem of Illinois! In the most opportune of locations, directly across from Michael Collins Elementary, sits a five-bedroom, two-and-a-half-bathroom residence that's been eagerly awaiting its next act.    Now, this is no ordinary home. With a dash of charm and a splash of character, this property is an exquisite blend of past tales and future potential. Yes, it needs a little updating, but just think of it as blank canvas for your own personal touches.     This home's generous layout is ideal for the harmonious chaos that only a loving family can bring. The spacious bedrooms are perfect for anything, from impromptu dance recitals to last-minute science projects, while the bathrooms are practically designed to handle morning rush hours without a hitch.    The yard, It's ready for your children's imaginations to run wild, or maybe it's the stage for your next big BBQ bash. And let's not forget the ultra-short school commute; your children will be reigning 'hopscotch champions' in no time!    So if you're not afraid of a little DIY, have a knack for breathing new life into old charm, and are ready to settle into a community-centric locale, this is your dream ticket. This isn't just a house; it's a canvas for your family's best memories waiting to be painted."
Unit Size
2,430 Ft²
Days on Market
-
Land Size
-
Price per sqft
$179
Property Type
House
Property Taxes
$690
HOA Dues
-
Year Built
1975

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Last updated: 3 years ago (MRED MLS #11830027)

Price History

Date / Event Date Event Price
Aug 26, 2023 Sold
Sold
Jul 13, 2023 Listed by RE/MAX United $435,000
Listed by RE/MAX United

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • 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: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,750
  • Total Building Area: 2,430
  • Gross Building Area: 2,430
  • Building Area: 2,430
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,430
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANCER SUB UNIT12
  • Land Acres: 0000000201
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (LANCER) SUB (UNIT12) IN NE SEC 27-41-10

Neighborhood

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

Geography

  • District: 35
  • Parcel: 07-27-205-010-0000
  • Lot: 1201
  • Meridian: SEC 27 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0195
  • Longitude: -88.0708

    Address

  • Full Address: 418 Summit Dr
  • Legal Unit: 12
  • Address - House Number: 418
  • Address - Street Name: Summit
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C027
  • 4-Digit Zip Code: 3051
  • Zip Code: 60193

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $973,622
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.2222
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 485,992
  • High Value: 594,025
  • Low Value: 377,959

    Market Valuation

  • Market Total Value: $420,010
  • Market Land Value: $74,380
  • Market Improvement Value: $345,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,001
  • Assessed Land Value: $7,438
  • Assessed Improvements Value: $34,563

    Sales

  • Current Sale Contract Date: Aug 25, 2023
  • Current Sale Recording Date: Aug 30, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6040
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Schaumburg


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Frequently Asked Questions

When was property at 418 Summit Drive built and last sold?
The property at 418 Summit Drive was built in 1975 and last sold on Aug 25, 2023 for $405,000.
How much is this home worth?
The estimated value of the home located at 418 Summit Drive is $0.
What are some comparable homes to 418 Summit Drive?
There are currently no comparable homes to 418 Summit Drive.