Check Availability

623 Bahama Lane

623 Bahama Lane, Schaumburg, IL 60193
House in Schaumburg
Sold Nov 05, 2020
$310,000
$110,000 by Jpmorgan Chase Bank Na
Mortgage Due Oct 01, 2050
Sold Apr 15, 2011
$212,000
623 Bahama Lane in Schaumburg, IL was first built in 1970 and is 54 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 bungalow style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 623 Bahama Lane has 1,386 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 8,625 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. 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 central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Sep 18, 2020 for $310,000. That's $223.67 per sqft. Prior to that sales transaction, the property was also sold in Apr 12, 2011 for $212,000. 623 Bahama Lane was last assessed in 2023. The total value of the property was assessed at $25,086. Specifically, the land the property is located on was valued at $6,038. While improvements on the property were assessed at a total of $19,048. 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 $4,956. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,625
  • Total Building Area: 1,386
  • Gross Building Area: 1,386
  • Building Area: 1,386
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,386
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SECTION1 OF WEATHERSFIELD UNIT14
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SECTION1) OF (WEATHERSFIELD) (UNIT14) SUB IN NH SEC 28-41-10

Ownership

  • Current Owner : SCHWARTZ MAGDALENA
  • Previous Owner : ALLEN ALEXANDER
  • Previous Owner 2: ALLEN MICHELLE
  • Owner Before Previous Owner: BREITENSTEIN DOROTHY T
  • Owner Before Previous Owner 2: BREITENSTEIN CHARLES H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804809

Geography

  • District: 35
  • Parcel: 07-28-208-023-0000
  • Lot: 14231
  • Meridian: SEC 28 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0144
  • Longitude: -88.0961

    Address

  • Full Address: 623 Bahama Ln
  • Legal Unit: 14
  • Address - House Number: 623
  • Address - Street Name: Bahama
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C002
  • 4-Digit Zip Code: 2782
  • Zip Code: 60193

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,956
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.2222
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 352,183
  • High Value: 430,471
  • Low Value: 273,895

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 05, 2020
  • First Open Lien Mortgage Loan Amount: $110,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $250,860
  • Market Land Value: $60,380
  • Market Improvement Value: $190,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,086
  • Assessed Land Value: $6,038
  • Assessed Improvements Value: $19,048

    Sales

  • Current Sale Contract Date: Sep 18, 2020
  • Current Sale Recording Date: Nov 05, 2020
  • Current Sale Transaction ID: 11797030962
  • Current Sale Price: $310,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2031021071
  • Previous Sale Recording Date: Apr 15, 2011
  • Previous Sale Contract Date: Apr 12, 2011
  • Previous Sale Amount: $212,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Nov 05, 2020
  • First Mortgage Loan Amount: $110,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Schaumburg



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 911 Knightsbridge Lane, Schaumburg, IL, 60195

$3,295 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,657 ft²
911 Knightsbridge Lane, Schaumburg, IL, 60195 Listing by Abhijit Leekha

Frequently Asked Questions

What neighborhood is 623 Bahama Lane located in?
The 623 Bahama Lane is a house located in the neighborhood of Schaumburg in Schaumburg, Schaumburg.
What is the average sales price for listings in 623 Bahama Lane?
The average sales price for units in 623 Bahama Lane is $0 currently.

Quantcast