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628 North Point Drive

628 North Point Drive, Schaumburg, IL 60193
Property in Schaumburg
Sold Aug 30, 1994
$230,000
$200,000 by First Of America Bank Northeas
Mortgage Due Sep 01, 2024
628 North Point Drive has been categorized by the local assessors in Schaumburg, IL as a residential type of property. The building on the property was first built in 1980 and is 44 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 628 North Point Drive has 2,493 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 8,750 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Aug 26, 1994 for $230,000. That's $92.26 per sqft. 628 North Point Drive was last assessed in 2023. The total value of the property was assessed at $45,000. Specifically, the land the property is located on was valued at $9,625. While improvements on the property were assessed at a total of $35,375. 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 $11,295. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • 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: 8,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,493
  • Gross Building Area: 2,493
  • Building Area: 2,493
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,493
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KINGSPORT VILLAGE EAST UNIT1
  • Land Acres: 0.201
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (KINGSPORT) VILLAGE (EAST) (UNIT1) SUB OF PT OF EH SW SEC 26-41-10

Ownership

  • Current Owner : MARTIN RICKY J
  • Current Owner 2: MARTIN LAURA J
  • Previous Owner : LIN CHUEN CHAO
  • Previous Owner 2: LIN YU JAN FUN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 35
  • Parcel: 07-26-301-024-0000
  • Lot: 24
  • Meridian: SEC 26 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0112
  • Longitude: -88.0631

    Address

  • Full Address: 628 N Point Dr
  • Legal Unit: 1
  • Address - House Number: 628
  • Street Direction: N
  • Address - Street Name: Point
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: R004
  • 4-Digit Zip Code: 4365
  • Zip Code: 60193

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,295
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.2259
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 552,192
  • High Value: 676,955
  • Low Value: 427,430

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $336,598
  • First Open Lien Mortgage Lender: FIRST OF AMERICA BANK NORTHEAS
  • First Open Lien Mortgage Recording Date: Aug 30, 1994
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2024
  • Second Open Lien Mortgage Lender: BMO HARRIS BANK NA
  • Second Open Lien Mortgage Recording Date: Dec 27, 2017
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $136,598
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 20, 2047

    Market Valuation

  • Market Total Value: $450,000
  • Market Land Value: $96,250
  • Market Improvement Value: $353,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,000
  • Assessed Land Value: $9,625
  • Assessed Improvements Value: $35,375

    Sales

  • Current Sale Contract Date: Aug 26, 1994
  • Current Sale Recording Date: Aug 30, 1994
  • Current Sale Transaction ID: 1092520099
  • Current Sale Price: $230,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 94766681

    Last Sale Mortgage

  • First Mortgage Lender: FIRST OF AMERICA BANK NORTHEAS
  • First Mortgage Transaction Date: Aug 30, 1994
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2024

    Financing

  • First Mortgage Financing Type: Variable

About Schaumburg



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Frequently Asked Questions

What neighborhood is 628 North Point Drive located in?
The 628 North Point Drive is a located in the neighborhood of Schaumburg in Schaumburg, Schaumburg.
What is the average sales price for listings in 628 North Point Drive?
The average sales price for units in 628 North Point Drive is $0 currently.

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