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Schaumburg 60193
849 Pinehurst Lane
$369,000
● House - Off Market

849 Pinehurst Lane

Schaumburg, IL 60193
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,202 Ft²
$352,613
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

***Highest and best called for by Noon Sunday, April 30th***  Large solid home with a possible in-law arrangement in the lower level, or a great space for entertaining! This home exudes natural light throughout! The Primary suite was converted from two bedrooms into one large bedroom and can easily be made back into two generous bedrooms.  One bedroom in the lower level. Three full baths. Two car attached garage. Large yard with private patio. Excellent location!
Unit Size
2,202 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$159
Property Type
House
Property Taxes
$483
HOA Dues
-
Year Built
1976

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11755108)

Price History

Date / Event Date Event Price
May 26, 2023 Sold
Premium
Sold
Apr 14, 2023 Listed by Baird & Warner $349,900
Listed by Baird & Warner

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 17
  • 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: 7,663
  • Total Building Area: 1,233
  • Gross Building Area: 1,233
  • Building Area: 1,233
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,233
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEATHERSFIELD UNIT21
  • Land Acres: 0000000176
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (WEATHERSFIELD) (UNIT21) SUB IN SW SEC 28-41-10

Neighborhood

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

Geography

  • District: 35
  • Parcel: 07-28-305-038-0000
  • Lot: 21092
  • Meridian: SEC 28 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0111
  • Longitude: -88.1054

    Address

  • Full Address: 849 Pinehurst Ln
  • Legal Unit: 21
  • Address - House Number: 849
  • Address - Street Name: Pinehurst
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C021
  • 4-Digit Zip Code: 3785
  • Zip Code: 60193

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $729,148
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.2546
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 383,026
  • High Value: 480,572
  • Low Value: 285,480

    Market Valuation

  • Market Total Value: $330,000
  • Market Land Value: $53,640
  • Market Improvement Value: $276,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,000
  • Assessed Land Value: $5,364
  • Assessed Improvements Value: $27,636

    Sales

  • Current Sale Contract Date: May 16, 2023
  • Current Sale Recording Date: Jun 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6215
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Schaumburg

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1623 ft²

Average Home Age

40.3 years

Currently For Sale

124 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 800 E Irving Park Road, Roselle, IL, 60172

$2,550 /mo

  • 2 Beds
  • 2 Baths
  • 1,230 ft²
800 E Irving Park Road #2E, Roselle, IL, 60172 Listing by Lauren Evett
Unit for rent at 503 Case Court, Schaumburg, IL, 60193

$2,675 /mo

  • 3 Beds
  • 1 Bath
  • 1,400 ft²
503 Case Court, Schaumburg, IL, 60193 Listing by Gary Christensen

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Gina Purdy, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11755108
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.

Frequently Asked Questions

When was property at 849 Pinehurst Lane built and last sold?
The property at 849 Pinehurst Lane was built in 1976 and last sold on May 16, 2023 for $369,000.
How much is this home worth?
The estimated value of the home located at 849 Pinehurst Lane is $0.
What are some comparable homes to 849 Pinehurst Lane?
There are currently no comparable homes to 849 Pinehurst Lane.
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