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809 Dracut Lane

809 Dracut Lane, Schaumburg, IL 60173
Property in Schaumburg
Sold May 13, 2016
$235,000
Sold Oct 28, 1996
$160,000
$100,000 by Centerbank Mtg Company
Mortgage Due Nov 01, 2026
809 Dracut Lane in Schaumburg, IL was first built in 1988 and is 36 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. 809 Dracut 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 7,514 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 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 809 Dracut Lane sold most recently in Apr 28, 2016 for a total of $235,000. If you work out the math, that's approximately a cost of $157.93 per sqft. Before that, the property was also sold for $160,000 in Oct 2, 1996. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,541 in taxes each year. 809 Dracut Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $27,500. If we break it down further, the land itself was valued at $4,500. Improvements to the property, however, were assessed at a total of $23,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • 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: 7,514
  • Total Building Area: 1,488
  • Gross Building Area: 1,488
  • Building Area: 1,488
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,488
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWN AND COUNTRYS WEATHERSFIELD
  • Land Acres: 0.173
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: (TOWN) AND (COUNTRYS) (WEATHERSFIELD) BNG A SUB IN TH E SE NW SEC 14-41-10

Ownership

  • Current Owner : SHAH HIREN
  • Current Owner 2: SHAH H
  • Previous Owner : RUDNICKE KATHRYN A
  • Owner Before Previous Owner: EGGERS THOMAS SCOTT
  • Owner Before Previous Owner 2: EGGERS MELVA J
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • District: 35
  • Parcel: 07-14-120-016-0000
  • Lot: 23
  • Meridian: SEC 14 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0443
  • Longitude: -88.0606

    Address

  • Full Address: 809 Dracut Ln
  • Address - House Number: 809
  • Address - Street Name: Dracut
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C032
  • 4-Digit Zip Code: 4725
  • Zip Code: 60173

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,541
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.2289
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 345,352
  • High Value: 424,404
  • Low Value: 266,300

    Market Valuation

  • Market Total Value: $275,000
  • Market Land Value: $45,000
  • Market Improvement Value: $230,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,500
  • Assessed Land Value: $4,500
  • Assessed Improvements Value: $23,000

    Sales

  • Current Sale Contract Date: Apr 28, 2016
  • Current Sale Recording Date: May 13, 2016
  • Current Sale Transaction ID: 1545802654
  • Current Sale Price: $235,000
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 1613442084
  • Previous Sale Recording Date: Oct 28, 1996
  • Previous Sale Contract Date: Oct 02, 1996
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: May 13, 2016
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2031

    Previous Mortgages

  • Previous Mortgage Lender: CENTERBANK MTG COMPANY
  • Previous Mortgage Transaction Date: Oct 28, 1996
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 01, 2026

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Frequently Asked Questions

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

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