$295,000
SOLD MAR 17, 2017

10 Lakeview Place Lake Zurich, IL 60047

2 Beds
2.5 Baths
2,164 Sq Ft
$255/mo HOA Fee

Recently Sold

$136 Per Sq Ft

5% Below List Price

139 Days on Market

Highlights

  • 1 Fireplace
  • Formal Dining Room
  • Porch
  • May Whitney Elementary School Rated A
  • Balcony
  • 4-minute walk to Breezewald Park

About This Home

As of September 2020

Better than new! Priced to sell. Better views and location then new units for less money. Walking distance to park, lake, beach. The unit was just painted throughout. All new carpet was installed. Open and spacious interior. It looks and feels like new. Waiting for you to make it your home. The larger bedroom can be-divided to make two separate bedrooms if you would like to. And yes, you can buy similar townhouses for much more, but aside from the huge savings, you will enjoy the same or larger square footage (2164 sq feet), premium location, "romantic" gas fireplace, finished two car garage, second level balcony, and a cozy porch in front of the unit. No tax exemptions are used for this property at this time. Therefore the new owner may enjoy any applicable exemption and in doing so, lower the property tax.

Last Agent to Sell the Property

Teresa Garvin

arhome realty License #471011737 Listed on: 09/27/2016

Last Buyer's Agent

Helen Oliveri

Helen Oliveri Real Estate License #471001015

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,487

Year Built

  • Built in 2007

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,164 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Formal Dining Room
  • Library

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 5 Units
  • Linda Association, Phone Number (847) 459-1222
  • Somerset Townhomes Subdivision
  • Property managed by FOSTER PREMIER INC

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,487

Year Built

Built in 2007

Lot Details

0

HOA Fees

$255 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Subdivision Name: SOMERSET TOWNHOMES
  • Year Built: 2007
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplaces: 1
  • LivingArea: 2164
  • Room Type: Library
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Bedroom 2 Flooring: Carpet
  • Dining Room Flooring: Carpet
  • Kitchen Flooring: Hardwood
  • Kitchen: Eating Area-Table Space,Island
  • Living Room Flooring: Carpet
  • MRD_MBB: Full
  • Master Bedroom Flooring: Carpet
  • Master Bedroom Dimensions: 13X14
  • Laundry Flooring: Other

Exterior Features

  • DirectionFaces: West
  • ExteriorFeatures: Balcony, Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 299900
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 255
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Management Company: FOSTER PREMIER INC
  • Management Contact Name: LINDA
  • Management Phone: 847-459-1222

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Middle/Junior School District: 95

Lot Info

  • Lot Dimensions: 1133
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 6487
  • Tax Year: 2015
  • Tax Exemptions: None

Multi Family

  • Units in Building: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Sep 16, 2020
Sold by
Romano Geraldine
Bought by
Filley Yvonne E
Seller's Agent
Gregory Bradley
Fulton Grace Realty
Buyer's Agent
Pam Jacobs
@properties Christie's International Real Estate
List Price
$299,000
Sold Price
$295,000
Premium/Discount to List
-$4,000
-1.34%
Current Estimated Value
$441,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,263
Avg. Annual Appreciation
8.68%
Original Mortgage
$280,250
Outstanding Balance
$250,952
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$191,960

Purchase Details

Listed on
Sep 27, 2016
Closed on
Mar 17, 2017
Sold by
Garvin Paul J and Garvin Teresa E
Bought by
Romano Geraldine
Seller's Agent
Teresa Garvin
arhome realty
Buyer's Agent
Helen Oliveri
Helen Oliveri Real Estate
List Price
$310,000
Sold Price
$295,000
Premium/Discount to List
-$15,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$150,000
Interest Rate
4.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 1, 2007
Sold by
Market Common Communities Lake Zurich Re
Bought by
Garvin Paul J and Garvin Teresa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,500
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $295,000 Atg
Warranty Deed $295,000 Fidelity National Title
Special Warranty Deed $473,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,250 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $331,900 New Conventional
Previous Owner $377,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $295,000 -1.3% $136 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $299,000 0.0% $138 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $299,000 +1.4% $138 / Sq Ft
03/17/2017 03/17/17 Sold $295,000 -1.6% $136 / Sq Ft
02/12/2017 02/12/17 Pending -- -- --
11/05/2016 11/05/16 Price Changed $299,900 -3.3% $139 / Sq Ft
09/26/2016 09/26/16 For Sale $310,000 -- $143 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $8,521 $119,530 $14,397 $105,133
2023 $8,101 $116,319 $14,010 $102,309
2022 $8,101 $108,828 $13,739 $95,089
2021 $7,818 $106,039 $13,387 $92,652
2020 $7,677 $106,039 $13,387 $92,652
2019 $7,560 $105,114 $13,270 $91,844
2018 $6,203 $84,601 $14,275 $70,326
2017 $6,390 $83,581 $14,103 $69,478
2016 $6,275 $84,666 $13,656 $71,010
2015 $6,487 $80,642 $13,007 $67,635
2014 $5,660 $75,573 $8,118 $67,455
2012 $6,655 $92,148 $8,135 $84,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09353034

Midwest Real Estate Data (MRED)

APN: 14-20-101-103