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974 Mallard Circle

974 Mallard Circle, Schaumburg, IL 60193
Townhouse in Schaumburg
Sold Apr 15, 2022
Transfer
Sold Aug 09, 2021
$227,500
$168,750 by United Wholesale Mortgage
Mortgage Due Aug 01, 2051
Local assessors in Schaumburg, IL have categorized 974 Mallard Circle as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 1,064,050 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 974 Mallard Circle has a total of 1,200 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $227,500 in Jul 19, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,405 in taxes each year. 974 Mallard Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,900. If we break it down further, the land itself was valued at $4,663. Improvements to the property, however, were assessed at a total of $15,237. 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.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Living Units: 4
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,064,050
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUMMIT PLACE UNIT I
  • Land Acres: 24.427
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: CARRIAGE HOMES OF SUMMIT PLACE COND O SE4 SEC27 SUMMIT PLACE UN II PAR T W2SW4 S26+ T41N R10E 3P

Ownership

  • Current Owner : JOST PROPERTIES LLC
  • Previous Owner : SLEDZ STEPHEN
  • Owner Before Previous Owner: NUNNA KRISHNA PRASAD
  • Owner Before Previous Owner 2: SUNKARA PRASUDHA KARTEEKA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • District: 35
  • Parcel: 07-27-425-015-1199
  • Block: 425
  • Lot: 1199
  • Meridian: SEC 27 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0091
  • Longitude: -88.0705

    Address

  • Full Address: 974 Mallard Cir
  • Address - House Number: 974
  • Address - Street Name: Mallard
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: R004
  • 4-Digit Zip Code: 4284
  • Zip Code: 60193

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,405
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.1859
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 260,807
  • High Value: 309,298
  • Low Value: 212,316

    Market Valuation

  • Market Total Value: $199,000
  • Market Land Value: $46,630
  • Market Improvement Value: $152,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,900
  • Assessed Land Value: $4,663
  • Assessed Improvements Value: $15,237

    Sales

  • Current Sale Contract Date: Apr 07, 2022
  • Current Sale Recording Date: Apr 15, 2022
  • Current Sale Transaction ID: 11889901847
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 2210522040
  • Previous Sale Recording Date: Aug 09, 2021
  • Previous Sale Contract Date: Jul 19, 2021
  • Previous Sale Amount: $227,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Aug 09, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $168,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2051

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Frequently Asked Questions

What neighborhood is 974 Mallard Circle located in?
The 974 Mallard Circle is a townhouse located in the neighborhood of Schaumburg in Schaumburg, Schaumburg.
What is the average sales price for listings in 974 Mallard Circle?
The average sales price for units in 974 Mallard Circle is $0 currently.

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