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612 Newbury Lane

612 Newbury Lane, Schaumburg, IL 60173
Property in Schaumburg
Sold Jan 14, 2021
$261,000
$195,750 by First Centennial Mortgage Corp
Mortgage Due Dec 01, 2050
Sold Jul 30, 2003
$226,500
$158,000 by Bny Mortgage Company Inc
Mortgage Due Jul 01, 2033
612 Newbury Lane in Schaumburg, IL was first built in 1987 and is 37 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a modern style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 612 Newbury Lane has 1,488 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,343 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Sep 9, 2020 for $261,000. That's $175.40 per sqft. Prior to that sales transaction, the property was also sold in Apr 21, 2003 for $226,500. 612 Newbury Lane was last assessed in 2023. The total value of the property was assessed at $27,499. Specifically, the land the property is located on was valued at $4,499. While improvements on the property were assessed at a total of $23,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,470. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Modern
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,343
  • Total Building Area: 1,488
  • Gross Building Area: 1,488
  • Building Area: 1,488
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,488
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWN & COUNTRYS WEATHERFIELD
  • Land Acres: 0.1
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOT 36 IN TOWN & COUNTRYS WEATHERF IELD SE4 NW4 OF SEC14 T41N R10E 3P

Ownership

  • Current Owner : SINGH SUMIT
  • Current Owner 2: SINGH SUMITI
  • Previous Owner : LTO TAKESHI
  • Previous Owner 2: LTO MAYAKO
  • Owner Before Previous Owner: EGUCHI YO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804603

Geography

  • District: 35
  • Parcel: 07-14-119-048-0000
  • Lot: 36
  • Meridian: SEC 14 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.045
  • Longitude: -88.0637

    Address

  • Full Address: 612 Newbury Ln
  • Address - House Number: 612
  • Address - Street Name: Newbury
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C032
  • 4-Digit Zip Code: 4746
  • Zip Code: 60173

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,470
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.2289
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 345,258
  • High Value: 424,289
  • Low Value: 266,228

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,750
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 14, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $195,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $274,990
  • Market Land Value: $44,990
  • Market Improvement Value: $230,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,499
  • Assessed Land Value: $4,499
  • Assessed Improvements Value: $23,000

    Sales

  • Current Sale Contract Date: Sep 09, 2020
  • Current Sale Recording Date: Jan 14, 2021
  • Current Sale Transaction ID: 11812330695
  • Current Sale Price: $261,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2101406010
  • Previous Sale Recording Date: Jul 30, 2003
  • Previous Sale Contract Date: Apr 21, 2003
  • Previous Sale Amount: $226,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 14, 2021
  • First Mortgage Loan Amount: $195,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BNY MORTGAGE COMPANY INC
  • Previous Mortgage Transaction Date: Jul 30, 2003
  • Previous Mortgage Loan Amount: $158,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jul 01, 2033

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Frequently Asked Questions

What neighborhood is 612 Newbury Lane located in?
The 612 Newbury Lane is a located in the neighborhood of Schaumburg in Schaumburg, Schaumburg.
What is the average sales price for listings in 612 Newbury Lane?
The average sales price for units in 612 Newbury Lane is $0 currently.

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