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809 Cornell Lane

809 Cornell Lane, Schaumburg, IL 60193
Property in Schaumburg
Sold Mar 27, 2017
$300,000
$251,000 by First Midwest Bank
Mortgage Due Apr 01, 2047
Sold Aug 13, 2010
$175,000
809 Cornell Lane 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 1968 and is 56 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 809 Cornell Lane has 1,316 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,505 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

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 is one available parking space. 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 masonry. 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. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 809 Cornell Lane was last sold in Mar 23, 2017 for $300,000. According to our calculations, that's $227.96 per sqft. Prior to that sales transaction, the property was sold for $175,000 in Jul 16, 2010. Current property owners are expected to pay $7,492 in taxes per year. The property on 809 Cornell Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $31,001. To break that down further, the land itself was valued at $8,054. While improvements to the property were assessed at a total of $22,947. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,505
  • Total Building Area: 1,316
  • Gross Building Area: 1,316
  • Building Area: 1,316
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,316
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SECTION1 OF WEATHERSFIELD UNIT6
  • Land Acres: 0.264
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SECTION1) OF (WEATHERSFIELD) (UNIT6) A SUB IN SE SEC 29-41-10

Ownership

  • Current Owner : MARKOWICZ JOZEF
  • Current Owner 2: MARKOWICZ BARBARA W
  • Previous Owner : PIWOWARCZYK MARIAN
  • Previous Owner 2: PIWOWARCZYK GRAZYNA
  • Owner Before Previous Owner: WINGS FINANCIAL CREDIT UNION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 35
  • Parcel: 07-29-406-013-0000
  • Lot: 6128
  • Meridian: SEC 29 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0111
  • Longitude: -88.1099

    Address

  • Full Address: 809 Cornell Ln
  • Legal Unit: 6
  • Address - House Number: 809
  • Address - Street Name: Cornell
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C029
  • 4-Digit Zip Code: 3336
  • Zip Code: 60193

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,492
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.2222
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 394,719
  • High Value: 482,463
  • Low Value: 306,976

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $251,000
  • First Open Lien Mortgage Lender: FIRST MIDWEST BANK
  • First Open Lien Mortgage Recording Date: Mar 27, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $251,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2047

    Market Valuation

  • Market Total Value: $310,010
  • Market Land Value: $80,540
  • Market Improvement Value: $229,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,001
  • Assessed Land Value: $8,054
  • Assessed Improvements Value: $22,947

    Sales

  • Current Sale Contract Date: Mar 23, 2017
  • Current Sale Recording Date: Mar 27, 2017
  • Current Sale Transaction ID: 1811131940
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1708618103
  • Previous Sale Recording Date: Aug 13, 2010
  • Previous Sale Contract Date: Jul 16, 2010
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MIDWEST BANK
  • First Mortgage Transaction Date: Mar 27, 2017
  • First Mortgage Loan Amount: $251,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 809 Cornell Lane located in?
The 809 Cornell Lane is a located in the neighborhood of Schaumburg in Schaumburg, Schaumburg.
What is the average sales price for listings in 809 Cornell Lane?
The average sales price for units in 809 Cornell Lane is $0 currently.

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