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920 Morse Avenue

920 Morse Avenue, Schaumburg, IL 60193
Property in Schaumburg
Local assessors in Schaumburg, IL have categorized 920 Morse Avenue as a industrial type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 15,840 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style.

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. 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, 920 Morse Avenue sold most recently in Apr 2, 2018 for a total of $50,000. Before that, the property was also sold for $600,000 in Dec 19, 2005. 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 $8,059 in taxes each year. 920 Morse Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,670. If we break it down further, the land itself was valued at $23,760. Improvements to the property, however, were assessed at a total of $5,910. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,840
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Industrial
  • Subdivision: CENTEX SCHAUMBURG INDUSTRIAL PARK UNIT42
  • Land Acres: 0.364
  • Standard Land Use Code: Industrial (general)
  • Legal Description 1: (CENTEX) (SCHAUMBURG) (INDUSTRIAL) PARK (UNIT42) SUB OF PT NH SEC 33-41-10

Ownership

  • Current Owner : WE WE 1203 LLC
  • Previous Owner : ORLOFF ANTHONY S
  • Previous Owner 2: ORLOFF ANNA D
  • Owner Before Previous Owner: LATTANZIO JOEL
  • Owner Before Previous Owner 2: LATTANZIO EILEEN
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804803

Geography

  • District: 35
  • Parcel: 07-33-102-031-0000
  • Block: 7
  • Lot: 12
  • Meridian: SEC 33 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0004
  • Longitude: -88.1035

    Address

  • Full Address: 920 Morse Ave
  • Legal Unit: 42
  • Address - House Number: 920
  • Address - Street Name: Morse
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C029
  • 4-Digit Zip Code: 4502
  • Zip Code: 60193

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,059
  • Tax Rate Code Area: 35011

    Market Valuation

  • Market Total Value: $118,680
  • Market Land Value: $95,040
  • Market Improvement Value: $23,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,670
  • Assessed Land Value: $23,760
  • Assessed Improvements Value: $5,910

    Sales

  • Current Sale Contract Date: Apr 02, 2018
  • Current Sale Recording Date: Apr 16, 2018
  • Current Sale Transaction ID: 11448899652
  • Current Sale Price: $50,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1810647076
  • Previous Sale Recording Date: Jan 10, 2006
  • Previous Sale Contract Date: Dec 19, 2005
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ILLINI STATE BANK
  • First Mortgage Transaction Date: Apr 16, 2018
  • First Mortgage Loan Amount: $540,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Apr 06, 2023

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY BANK OF THE MIDW
  • Previous Mortgage Transaction Date: Jan 10, 2006
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $425,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Dec 20, 2010

About Schaumburg



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Frequently Asked Questions

What neighborhood is 920 Morse Avenue located in?
The 920 Morse Avenue is a located in the neighborhood of Schaumburg in Schaumburg, Schaumburg.
What is the average sales price for listings in 920 Morse Avenue?
The average sales price for units in 920 Morse Avenue is $0 currently.

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