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1200 Summit Drive Schaumburg, IL 60193

$305,626
LOW
$343,400 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$381,174
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$343,400Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
5
AC
Central A/C
Payment Estimate
--
Baths Full
2
Basement
Unfinished
Rent Estimate
$2,220Estimated monthly rental price, based on a proprietary formula.
Baths Half
1
Roof
Shingle (Not Wood)
Tax Estimate
$7,684Estimated property taxes paid on an annual basis.
Sq Ft
2,688
Fireplaces
1
 HomeScore
65A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
0.46
Parking
Attached
 InvestorScore
48A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
Frame
Parking Spaces
2
Last Sale Date
03/24/2014
Style
--
Last Sale Price
$312,500
Year Built
1981

1200 Summit Drive is located in Schaumburg, IL. At this time, the property has an estimated value of $343,400 and yearly taxes of $7,684. This home has 5 bedrooms, 2½ bathrooms, and approximately 2,688 sqft of living space. The property was built in 1981. Similar homes nearby have 5 bedrooms, 2 baths and sell for around $350,000.

Property History

DateEventSourcePrice
3/18/2014Sign InMREDSign In
1/24/2014Sign InMREDSign In
1/3/2014Sign InMREDSign In
12/2/2013Sign InMREDSign In
9/11/2013Sign InMREDSign In
9/11/2013Sign InMREDSign In
7/12/2013Sign InMREDSign In
7/12/2013Sign InMREDSign In
6/12/2013Sign InMREDSign In
6/12/2013Sign InMREDSign In
2/27/2013Sign InMREDSign In

Schaumburg Market Trends

Check out Schaumburg homes for sale, read the Schaumburg real estate news or review the Schaumburg real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
95
Very Healthy

187

$242,000

83

3.5

Median Sales Price
$166,400
+7.4%
Sales (30 Days)
54
-29.9%

Recent Sales Like 1200 Summit Drive

25
$360k
55
$344k
9%

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Schaumburg Public Schools

A child living at 1200 Summit Drive, Schaumburg, IL would typically attend one of the following public schools: Fredrick Nerge Elementary School, Margaret Mead Jr High School, or J B Conant High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

Schaumburg REAL ESTATE NEWS

Home sales in the Schaumburg market stayed sluggish in this week's report as they dropped 6.5% to 58 homes sold over the last 30 days. Meanwhile, close-by Palatine reported 58 homes sales, the highest... Read More »

More sellers put their homes up for sale in the Schaumburg market over the last 30 days and the number of new listings climbed this week to 93. Home sales remained unchanged from the prior period and... Read More »

Schaumburg is a very affluent city in Illinois with a median income of $69,298 per household. The population is also considered older than most with a median age of 37 years. 60193, 60194, and 60173 a... Read More »

1200 Summit Drive Mortgage Information

$343k
$68.6k
3.81%
$1,281

The typical purchase scenario above assumes a credit score of 720 or higher and a 20% cash down payment on a 30-year fixed-rate mortgage. Visit the free and anonymous Homesnap Mortgage Market to check rates and customize a mortgage for your scenario.

1200 Summit Drive Map

Ask a local expert about this home:
Gentzle Group - Suburban Life Realty
Snapped 8 homes in this area
Coldwell Banker
Snapped 5 homes in this area
Sidekick Realty, LLC
Snapped 58 homes in this area

Agents that specialize in this area
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1200 Smt Dr, Schaumburg, IL 60193US
1200 Smt Dr is located in Schaumburg, IL. At this time, the property has an estimated value of $343,400 and yearly taxes of $7,684. This home has 5 bedrooms, 2½ bathrooms, and approximately 2,688 sqft of living space. The property was built in 1981. Similar homes nearby have 5 bedrooms, 2 baths and sell for around $350,000. Brian & Anna Gentzle, Margie Cipperoni, and Brian McGraw are Homesnap Local Experts in and around Schaumburg.
©2016 Homesnap 1-800-431-5509 School data and housing market data is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
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