new - 3 days on rocket

1516 Burberry Ln, Schaumburg, IL, 60173

$724,900

Home List Price

$8,608*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,700 SqFt
$268/SqFt
House

Location

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1516 Burberry Ln, Schaumburg$724,900

Buyer Closing Credits

$8,608*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage3 spaces
Year Built1989
HeatingNatural Gas
CoolingCentral Air
BasementYes
FireplaceGas Log, Gas Starter
MLS #12209654
StatusActive
(New)

About 1516 Burberry Ln

Fantastic opportunity in this prime Schaumburg location! This beautiful 4 bedroom, 2.5 bath home with a 3-car garage is located on a quiet street with low traffic, yet near everything you would need, including highly-rated school districts, parks, abundant shopping/dining, highways, and all amenities. Upon entry, there is a bright, very large 2-story foyer opening to a large living room. The generously sized kitchen has oak cabinets, granite counters, stainless appliances, built-in desk, pantry with pull-out shelves, and an ample-sized breakfast nook/eat-in area. There is also a separate dining room to accommodate larger families and gatherings. The kitchen conveniently opens to the family room, which provides a generously sized, cozy gathering space with a gas fireplace. Sliders lead to a lovely landscaped, fully fenced backyard oasis, including a beautiful large stamped concrete patio. Perfect for parties/gatherings or just relaxing. Convenient first-floor laundry room with LG washer/dryer. Upstairs, you'll find 4 generously sized bedrooms, including the primary retreat with dramatic vaulted ceiling, beautiful oak double doors leading to a private balcony, an amazingly large walk-in closet, attached bath with a jacuzzi tub, separate shower, dual sinks, and a skylight. Two additional bedrooms also have walk-in closets. The 4th bedroom could make a great den/home office. A second, large full bath with dual sinks, tub/shower, and skylight on this level. The basement offers a large rec room, workshop area, and an abundance of storage space. This lovely home is part of an estate sale and is being sold "as is". **Note tax amount does not include any exemptions**

Property Details

Property Features

Property Information:

  • Architectural Style: Tudor
  • Year Built: 1989
  • Living Area: 2,700 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (847) 222-5000
  • Listing Agent: Kelli Garcia

Interior Features

Interior Information:

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Oven
  • Basement: Yes
  • Interior: First Floor Laundry, Walk-In Closet(s), Drapes/Blinds, Granite Counters, Separate Dining Room, Pantry, Workshop Area (Interior)
  • Fireplace: Gas Log, Gas Starter

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Balcony, Patio, Stamped Concrete Patio

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Schaumburg Rd to Whitman North to Burberry West to Property

Price Information

Listing Price Info

Price Summary:

  • List Price: $724,900
  • Price Per SqFt: $268/SqFt

Tax Information:

  • Annual Amount: $12,480
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Schaumburg, IL.

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Schaumburg, IL

City

Med. Sold Price

$305.3K

Med. Price/SqFt

$229

Avg. Days On Market

15

# of Sold Homes

61

1516 Burberry Ln vs Schaumburg

3 DAYS ON ROCKET

-12 Days

$724,900

+$419.5K More

$268/SqFt

+$38 More

KEY TAKEAWAY

This property is $419.5K more than the Median Sold Price and $38/SqFt more than other homes in Schaumburg, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12209654

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (847) 222-5000
  • Listing Agent: Kelli Garcia

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/16/2024, 11:45:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$12,480$46,562
2018$13,351$44,487
2017$13,140$44,487

History based on county public records data.

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$3,685

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-365771
8
/10

  • Michael Collins Elementary School

  • 407 Summit Dr

  • 1.55 miles

  • Public District Grades KG-6

school-card-donut-365772
7
/10

  • Adolph Link Elementary School

  • 900 W Glenn Trl

  • 1.61 miles

  • Public District Grades KG-6

school-card-donut-365773
8
/10

  • Fairview Elementary School

  • 375 Arizona Blvd

  • 1.66 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,400. The most common annual income of people living in Schaumburg, IL is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1516 Burberry Ln

What is the listing price of this property?

The listing price of 1516 Burberry Ln property is $724,900.

What type of property is this?

The property 1516 Burberry Ln is a house located in Schaumburg, Illinois, 60173.

Is this property for sale now?

Active Listing: 1516 Burberry Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $12,480 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1516 Burberry Ln has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1516 Burberry Ln is 2,700 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1516 Burberry Ln is 1989.

Rocket Homes›Illinois›Cook County›Schaumburg›60173›1516 Burberry Ln

This home is located at 1516 Burberry Ln in Schaumburg, IL and zip code 60173 in the Barclay Pointe neighborhood. This 2,700 square foot home was built in 1989. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $724,900.

While more than 22 listings in Schaumburg, IL in October 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 28 were sold below. The inventory of homes for sale in Schaumburg, IL between September 2024 and October 2024 increased by 13.8%. In October 2024 median list price was $305,375 and the average listing age was 15 days.

From Rocket Homes Real Estate and based on county public records data.

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