See Home Value
Schaumburg 60193
523 Merlin Drive
$425,000
● House - Off Market

523 Merlin Drive

Schaumburg, IL 60193
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,200 Ft²
$392,536
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Welcome to this beautiful, well-maintained home, perfectly situated in a highly sought-after school district. This property offers a comfortable and spacious living environment with a total of three bedrooms on the main level, and an additional bedroom in the basement. With three full bathrooms, there's plenty of convenience and privacy for all occupants.    As you enter the home, you'll be greeted by the stunning hardwood floors that adorn the main level. The natural warmth and elegance of the hardwood create a welcoming atmosphere throughout the living spaces. The open layout seamlessly connects the living room, dining area, and kitchen, providing an ideal setting for both entertaining guests and everyday family living.    The kitchen is a true highlight of the home, featuring modern updates completed in 2016. With its sleek design and top-of-the-line appliances, it's a chef's dream come true. The abundance of storage space, along with the stylish countertops and a functional island, make meal preparation a breeze.    Descend to the basement and discover a spacious family room, perfect for relaxing or hosting gatherings. The plush carpeting creates a cozy ambiance, and the generous size of the room allows for various seating arrangements.    Throughout the entire home, you'll notice the impeccable care and attention to detail. Every aspect of the property was updated in 2016, ensuring that all elements are modern and in excellent condition. The maintenance and upkeep have been exemplary, resulting in a home that feels brand new and move-in ready.    In addition to its interior features, the property boasts a lovely exterior, with a well-manicured yard and curb appeal. The backyard offers a peaceful retreat, ideal for outdoor activities or simply enjoying the beauty of nature.    Overall, this property presents a remarkable opportunity to own a beautiful, updated home in an exceptional school district. Its well-designed layout, modern amenities, and meticulous maintenance make it an ideal choice for those seeking comfort, convenience, and a truly move-in ready residence.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$329
Property Type
House
Property Taxes
$501
HOA Dues
-
Year Built
1971

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11864476)

Price History

Date / Event Date Event Price
Sep 22, 2023 Sold
Sold
Aug 24, 2023 Listed by Baird & Warner $395,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 8
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,947
  • Total Building Area: 1,141
  • Gross Building Area: 1,141
  • Building Area: 1,141
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,141
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANCER 03
  • Land Acres: 0000000205
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

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

Geography

  • District: 35
  • Parcel: 07-26-104-007-0000
  • Lot: 303
  • Meridian: SEC 26 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0171
  • Longitude: -88.0664

    Address

  • Full Address: 523 Merlin Dr
  • Address - House Number: 523
  • Address - Street Name: Merlin
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C027
  • 4-Digit Zip Code: 4317
  • Zip Code: 60193

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $884,968
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.2222
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 422,592
  • High Value: 516,531
  • Low Value: 328,653

    Market Valuation

  • Market Total Value: $360,000
  • Market Land Value: $76,050
  • Market Improvement Value: $283,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,000
  • Assessed Land Value: $7,605
  • Assessed Improvements Value: $28,395

    Sales

  • Current Sale Contract Date: Sep 19, 2023
  • Current Sale Recording Date: Oct 11, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6233
  • Previous Sale Recording Date: Apr 24, 2002
  • Previous Sale Contract Date: Feb 01, 2002
  • Previous Sale Amount: $260,000
  • 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

$2,675 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
261 Driftwood Lane #A2, Schaumburg, IL, 60193 Listing by Carol Weiskirch
Unit for rent at 663 Acadia Bay, Roselle, IL, 60172

$2,745 /mo

  • 3 Beds
  • 2 Baths
  • 1,135 ft²
663 Acadia Bay #663, Roselle, IL, 60172 Listing by Abhijit Leekha
Unit for rent at 86 Allerton Drive, Schaumburg, IL, 60194

$2,550 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
86 Allerton Drive #86, Schaumburg, IL, 60194 Listing by Fawad Shahid


Frequently Asked Questions

When was property at 523 Merlin Drive built and last sold?
The property at 523 Merlin Drive was built in 1971 and last sold on Sep 19, 2023 for $425,000.
How much is this home worth?
The estimated value of the home located at 523 Merlin Drive is $0.
What are some comparable homes to 523 Merlin Drive?
There are currently no comparable homes to 523 Merlin Drive.