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Schaumburg 60173
449 Jason Lane
$620,000
● House - Off Market

449 Jason Lane

SCHAUMBURG, IL 60173
bedrooms
5 Beds
bathrooms
3 Baths
square feet
5,350 Ft²
$995,377
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Gracious Space -5,350 SF Full brick 5 bedroom, 3+ bath 3 car garage on a large corner lot in a prime Schaumburg location with Top Rated Schools. Nicely renovated with new stainless steel appliances, paint & carpet. Hardwood flooring in living and dining, crown molding, vaulted ceilings and large living and bedrooms. Steps away from shopping, dining and entertaining.  Home can be expanded to make a large in-law suite with 2 additional bedrooms, living room, kitchen & bath  (already roughed in) and bath which increases total size to 7,533 SF.  Floor plan is available in "additional information"
Unit Size
5,350 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$116
Property Type
House
Property Taxes
$1,734
HOA Dues
$33
Year Built
1995

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,294
  • Total Building Area: 4,546
  • Gross Building Area: 4,546
  • Building Area: 4,546
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 4,546
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLD SCHAUMBURG
  • Land Acres: 0000000443
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-08
  • Legal Description 1: OLD SCHAUMBURG LOT 16

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804609

Geography

  • District: 35
  • Parcel: 07-14-410-001-0000
  • Lot: 16
  • Meridian: SEC 14 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0379
  • Longitude: -88.0507

    Address

  • Full Address: 449 Jason Ln
  • Address - House Number: 449
  • Address - Street Name: Jason
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C030
  • 4-Digit Zip Code: 2071
  • Zip Code: 60173

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,080,190
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.2241
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 939,139
  • High Value: 1,149,688
  • Low Value: 728,590

    Market Valuation

  • Market Total Value: $800,000
  • Market Land Value: $270,120
  • Market Improvement Value: $529,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,000
  • Assessed Land Value: $27,012
  • Assessed Improvements Value: $52,988

    Sales

  • Current Sale Contract Date: May 19, 2017
  • Current Sale Recording Date: Jun 09, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1716008134
  • Previous Sale Recording Date: Oct 01, 1998
  • Previous Sale Contract Date: Sep 29, 1998
  • Previous Sale Amount: $485,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Schaumburg

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$249

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1651 ft²

Average Home Age

40.8 years

Currently For Sale

115 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

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MRED

Listed by: Christine Lutz, Coldwell Banker Realty
Data Source: MRED, MLS# MRD09491797
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.

Frequently Asked Questions

When was property at 449 Jason Lane built and last sold?
The property at 449 Jason Lane was built in 1995 and last sold on May 19, 2017 for $620,000.
How much is this home worth?
The estimated value of the home located at 449 Jason Lane is $0.
What are some comparable homes to 449 Jason Lane?
There are currently no comparable homes to 449 Jason Lane.
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