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Schaumburg 60193
532 MERLIN Drive
$520,000
● House - Off Market

532 MERLIN Drive

Schaumburg, IL 60193
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,440 Ft²
$3,224
Est. Monthly

About This Property

Beautifully updated 3-bedroom 2-bath ranch style home in desirable Lancer Park in Schaumburg! This home features an open-concept floor plan with beautiful stranded bamboo hardwood flooring throughout. The spacious living room with a large picture window flows into the dining area, featuring a custom wainscoting accent wall. The kitchen boasts stainless steel appliances, granite countertops, a tile backsplash, and a sliding glass door leading to the outdoor space - perfect for indoor/outdoor entertaining. The primary bedroom includes a walk-in closet with custom organizers, secondary closet and an en-suite bath with a large vanity and spa shower. Two additional bedrooms and a full hall bath complete the main level. The partially finished basement adds even more living space with a large family/rec room, laundry room, and plenty of storage. The backyard is a true showstopper. Relax on the composite deck overlooking the beautifully landscaped, fully fenced yard featuring stunning flower beds with azaleas, hydrangeas, peach and pear trees, and much more! Two custom trellises with climbing honeysuckle and trumpet vines create a charming garden retreat, including one with a hammock that's perfect for relaxing and enjoying the peaceful surroundings. This home is in a prime location near shopping, restaurants, Lancer Creek Park, and offering easy interstate access. Zoned for top rated schools! This move-in-ready home combines comfort, style, and an unbeatable location-don't miss the opportunity to make it your own!
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$347
Property Type
House
Property Taxes
$769
HOA Dues
-
Year Built
1969

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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,625
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANCER SUB UNIT2
  • Land Acres: 0000000221
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (LANCER) SUB (UNIT2) OF PT NW SEC 26-41-10

Neighborhood

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

Geography

  • District: 35
  • Parcel: 07-26-105-001-0000
  • Lot: 219
  • Meridian: SEC 26 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0163
  • Longitude: -88.0653

    Address

  • Full Address: 532 Merlin Dr
  • Legal Unit: 2
  • Address - House Number: 532
  • Address - Street Name: Merlin
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C027
  • 4-Digit Zip Code: 4324
  • Zip Code: 60193

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $857,810
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 443,211
  • High Value: 544,414
  • Low Value: 342,008

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $81,810
  • Market Improvement Value: $268,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $8,181
  • Assessed Improvements Value: $26,819

    Sales

  • Current Sale Contract Date: May 31, 2011
  • Current Sale Recording Date: Jun 28, 2011
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1117946070
  • Previous Sale Recording Date: Mar 07, 2000
  • Previous Sale Contract Date: Apr 07, 1998
  • Previous Sale Amount: $147,500
  • 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

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 532 Merlin Drive built and last sold?
The property at 532 Merlin Drive was built in 1969 and last sold on May 31, 2011 for $165,000.
How much is this home worth?
The estimated value of the home located at 532 Merlin Drive is $498,573.
What are some comparable homes to 532 Merlin Drive?
There are currently no comparable homes to 532 Merlin Drive.