See Home Value
Schaumburg 60193
520 Merlin Drive
$428,000
● House - Off Market

520 Merlin Drive

Schaumburg, IL 60193
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,266 Ft²
$418,338
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Welcome to this three-bedroom, two full bath, Brookehill model split-level home with sub-basement, located in the ever-desirable Lancer Park subdivision. "L" shaped living / dining room combination, bright and cheerful, multiple windows bring in tons of natural sunlight. Anderson windows updated 2018. Kitchen has hardwood flooring. There is room for a breakfast nook, updated double basin sink, newer appliances including a Bosch dishwasher, and double oven. Electric cooktop with downdraft venting to the exterior. A newer, blind in, exterior door leads to a brick paver patio complete with gas line to connect to your gas grill. Three bedrooms on the second level, each with nice sized closets, equipped with Elfa shelving systems. The second and third bedroom have hardwood flooring. The carpeted primary bedroom has shared access to the full bath. Large vanity and recessed lighting in the bathroom. Lower-level family room. A well-planned counter with multiple cabinets will become invaluable to you. Cozy up while enjoying your fireplace. Updated French doors lead to a brick paver patio and good size yard. Full bath with step in shower. There is no lack of space in the laundry / utility room. Double basin utility sink. Plenty of cabinets and shelving. Easy second access to the garage. Updated (2014) leaded glass entry door with sidelight. Large foyer, updated closet doors and Elfa shelving is conveniently located for your use. Entry from garage.  But wait, there's more...a 565 square foot sub-basement. Ready for your ideas. Do you need a playroom? Craft space? Or man cave? Or maybe some of each? The options are limitless with this amount bonus space. Large private backyard to enjoy. Attached two car garage, concrete flooring was repoured in 2019 including new rebar. New garage door, 2018.  Large driveway 2019 to supply multiple parking places. Hot water heater 2020. Attic fan 2018. Electrostatic filter systems. Triple sump pump with battery backup. Updated Anderson windows throughout most of the home. 50-year roof shingles, gutters with leaf guard, screen doors, 2018. Exterior painting, 2019. Excellent Schaumburg east end location. Enjoy all the amenities the village has to offer including in the immediate walking area, Septemberfest, Art Fair, Prairie Center for the Arts and Summer Breeze Concerts. The beautiful Municipal grounds also include scenic pond and Art Walk. Meineke Recreation Center, swimming pool with water slide & Olympic-size diving well, sled hill and basketball & tennis courts. Spring Valley Nature Sanctuary and so much more! Award winning Schools include Michael Collins Elementary School, Robert Frost Junior High School, and District 211 J B Conant High school. Minutes from Woodfield, the library, shopping, expressways and train station.
Unit Size
1,266 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$332
Property Type
House
Property Taxes
$608
HOA Dues
-
Year Built
1969

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11885414)

Price History

Date / Event Date Event Price
Oct 19, 2023 Sold
Sold
Sep 14, 2023 Listed by RE/MAX Suburban $419,900
Listed by RE/MAX Suburban

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,320
  • Total Building Area: 1,266
  • Gross Building Area: 1,266
  • Building Area: 1,266
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,266
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANCER SUB UNIT3
  • Land Acres: 0000000237
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (LANCER) SUB (UNIT3) OF PT NW SEC 26-41-10

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804611

Geography

  • District: 35
  • Parcel: 07-26-106-033-0000
  • Lot: 309
  • Meridian: SEC 26 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0173
  • Longitude: -88.0658

    Address

  • Full Address: 520 Merlin Dr
  • Legal Unit: 3
  • Address - House Number: 520
  • Address - Street Name: Merlin
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C027
  • 4-Digit Zip Code: 4318
  • Zip Code: 60193

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $884,996
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.2222
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 432,213
  • High Value: 528,291
  • Low Value: 336,135

    Market Valuation

  • Market Total Value: $360,000
  • Market Land Value: $87,720
  • Market Improvement Value: $272,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,000
  • Assessed Land Value: $8,772
  • Assessed Improvements Value: $27,228

    Sales

  • Current Sale Contract Date: Oct 13, 2023
  • Current Sale Recording Date: Oct 24, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 29184
  • Previous Sale Recording Date: Sep 04, 1998
  • Previous Sale Contract Date: Aug 27, 1998
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: 71
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


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 261 Driftwood Lane, Schaumburg, IL, 60193

$2,775 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
261 Driftwood Lane #A2, Schaumburg, IL, 60193 Listing by Carol Weiskirch
Unit for rent at 282 Pembridge Lane, Schaumburg, IL, 60193

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
282 Pembridge Lane #A2, Schaumburg, IL, 60193 Listing by Rocco LaMantia
Unit for rent at 670 Lakeview Lane, Hoffman Estates, IL, 60169

$2,750 /mo

  • 4 Beds
  • 2 Baths
  • 1,390 ft²
670 Lakeview Lane, Hoffman Estates, IL, 60169 Listing by Yogesh Patel


Frequently Asked Questions

When was property at 520 Merlin Drive built and last sold?
The property at 520 Merlin Drive was built in 1969 and last sold on Oct 13, 2023 for $428,000.
How much is this home worth?
The estimated value of the home located at 520 Merlin Drive is $419,463.
What are some comparable homes to 520 Merlin Drive?
There are currently no comparable homes to 520 Merlin Drive.