NOT LISTED FOR SALE

1 Summit Terrace Lake Zurich, IL 60047

Estimated Value: $279,702 - $302,000

4 Beds
1 Bath
1,090 Sq Ft
$267/Sq Ft Est. Value

About This Home

This home is located at 1 Summit Terrace, Lake Zurich, IL 60047 and is currently estimated at $290,926, approximately $266 per square foot. 1 Summit Terrace is a home located in Lake County with nearby schools including Seth Paine Elementary School, Lake Zurich Middle School North, and Lake Zurich High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2004
Sold by
Romo Zavala Armando and Romo Bejar Celina
Bought by
Hernandez Manuel and Hernandez Lucina
Current Estimated Value
$290,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2000
Sold by
Zavala Victor
Bought by
Romo Zavala Armando and Romo Bejar Celina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
7.96%

Purchase Details

Closed on
Jul 1, 1997
Sold by
Stuhrberg Herbert and Stuhrberg Susan M
Bought by
Iriondo Jose and Sanchez Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,100
Interest Rate
8.01%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hernandez Manuel $190,000 --
Romo Zavala Armando -- Chicago Title Insurance Comp
Zavala Victor $135,000 Chicago Title Insurance Co
Iriondo Jose $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hernandez Lucina $159,000
Closed Hernandez Manuel $171,000
Closed Hernandez Manuel $212,500
Closed Hernandez Manuel $166,000
Previous Owner Zavala Victor $15,000
Previous Owner Zavala Victor $130,500
Previous Owner Zavala Victor $128,250
Previous Owner Iriondo Jose $117,536
Previous Owner Iriondo Jose $119,100
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,294 $82,022 $21,145 $60,877
2023 $4,857 $75,301 $19,412 $55,889
2022 $4,857 $67,651 $14,397 $53,254
2021 $4,683 $65,917 $14,028 $51,889
2020 $4,598 $65,917 $14,028 $51,889
2019 $4,529 $65,342 $13,906 $51,436
2018 $3,483 $51,847 $14,960 $36,887
2017 $3,458 $51,222 $14,780 $36,442
2016 $3,380 $49,600 $14,312 $35,288
2015 $3,318 $47,243 $13,632 $33,611
2014 $3,029 $43,221 $13,376 $29,845
2012 $3,176 $43,312 $13,404 $29,908
Source: Public Records

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