When was property at 722 Merlin Drive built and last sold?

The property at 722 Merlin Drive was built in 1975 and last sold on Aug 28, 1997 for $126,000.

How much is this home worth?

The estimated value of the home located at 722 Merlin Drive is $452,897.

What are some comparable homes to 722 Merlin Drive?

There are currently no comparable homes to 722 Merlin Drive.

Schaumburg

60193

722 Merlin Drive

$415,000

● House - Off Market

722 Merlin Drive

Schaumburg, IL 60193

4 Beds

2 Baths

1,600 Ft²

$2,684

Est. Monthly

About This Property

This highly desirable 4-bedroom, 2-bathroom tri-level home is situated in a prime Schaumburg location! The 4th bedroom has been converted into a first-floor laundry room but can easily be restored to the lower level. The home features a unique layout for the area, offering a spacious eat-in kitchen, a large formal dining room that flows into the living room, and three generously sized bedrooms on the second floor with a full bath. The finished basement includes a cozy family room with a charming brick gas fireplace, a cement crawl space for extra storage, and another full bathroom. Outdoors, you'll find a beautiful garden area, a deck, an oversized 2-car detached garage, and a well-kept cement driveway. The furnace and hot water tank were updated within the last five years, and the roof is approximately eight years old. Conveniently located near shopping, dining, and expressways, this estate sale home is being sold "As Is." Bring all Reasonable offers

Unit Size

1,600 Ft²

Days on Market

Land Size

Price per sqft

$281

Property Type

House

Property Taxes

$475

HOA Dues

Year Built

1975

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Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1975

Effective Year Built: 1975
Building Count: 1
Total Rooms: 7
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 3
Building Quality: 7
Construction Type: 6
Building Style: 41
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 0
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,750

Total Building Area: 1,557
Gross Building Area: 1,557
Building Area: 1,557
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 24
Heated Square Feet: 1,557
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: LANCER SUB UNIT16
Land Acres: 0000000201
Standard Land Use Code: 1001
County Land Use Code: 2-34
Legal Description 1: (LANCER) SUB (UNIT16) IN NW SEC 26-41-10

Neighborhood

School District Name: Schaumburg Community Consolidated School District 54

Census Tract: 804611

Geography

District: 35

Parcel: 07-26-110-026-0000
Lot: 1603
Meridian: SEC 26 TWN 41N RNG 10E
Municipality: SCHAUMBURG
Latitude: 42.0156
Longitude: -88.0613

Address

Full Address: 722 Merlin Dr

Legal Unit: 16
Address - House Number: 722
Address - Street Name: Merlin
Address - Suffix Type: Dr
State: IL
City Name: Schaumburg
Carrier Code: C027
4-Digit Zip Code: 4321
Zip Code: 60193

Valuation

Tax

Tax Year: 2022

Tax Amount: $569,826
Tax Rate Code Area: 35011

Appraisal Valuation

Standard Deviation: 0.22

Valuation Date: Mar 20, 2024
Confidence Score: 69
Final Value: 441,919
High Value: 539,178
Low Value: 344,660

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $380,010

Market Land Value: $74,380
Market Improvement Value: $305,630

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $38,001
Assessed Land Value: $7,438
Assessed Improvements Value: $30,563

Sales

Current Sale Contract Date: Aug 28, 1997

Current Sale Recording Date: Oct 02, 1997
Current Sale Price:

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Current Sale Document Type: 71
Current Sale Input Document Number: 97730104

Last Sale Mortgage

First Mortgage Lender:

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Financing

First Mortgage Financing Type: ADJ

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Schaumburg

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$249

Below Asking

0.01%

Average Days on Market

Average Home Size

1655 ft²

Average Home Age

38.2 years

Currently For Sale

126 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1037 Conrad Court, Elk Grove Village, IL, 60007

$3,400 /mo

4 Beds
2 Baths
1,900 ft²

1037 Conrad Court, Elk Grove Village, IL, 60007 Listing by Sarah Leonard

Unit for rent at 706 N Point Drive, Schaumburg, IL, 60193

$3,500 /mo

4 Beds
2 Baths
2,351 ft²

706 N Point Drive, Schaumburg, IL, 60193 Listing by Sarah Leonard

Unit for rent at 310 Maricopa Lane, Hoffman Estates, IL, 60169

$2,695 /mo

3 Beds
2 Baths
1,100 ft²

310 Maricopa Lane, Hoffman Estates, IL, 60169 Listing by Tom Udvance

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Christopher McAllister, McAllister Real Estate
Data Source: MRED, MLS# MRD12511120

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

722 Merlin Drive

About This Property

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Schaumburg

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions