NOT LISTED FOR SALE

1034 Ravinia Terrace Lake Zurich, IL 60047

Estimated Value: $330,000 - $425,000

3 Beds
2 Baths
1,440 Sq Ft
$261/Sq Ft Est. Value

Last Sold May 27, 2015

Last sale price $185,500 $129 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,512/month

144 Days on Market

Highlights

  • 2 Car Attached Garage
  • 1-Story Property
  • Family Room
  • Seth Paine Elementary School Rated A
  • Dining Room

About This Home

As of May 2015

SPACIOUS 3 BEDROOM 2 FULL BATHS HOME ON A LARGE LOT. ATTACHED GARAGE, FIREPLACE, FRESHLY PAINTED, NEW CARPET, NEW STOVE, MICROWAVE AND DISHWASHER. BRAND NEW FURNACE AND WATER HEATER. THIS IS A FANNIE MAE HOMEPATH PROPERTY

Last Agent to Sell the Property

Anna Cherniak

A Team Realty Inc. License #471016610 Listed on: 11/04/2014

Last Buyer's Agent

Benjamin Opsahl

RE/MAX At Home License #475157171

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,373

Year Built

  • Built in 1947

Lot Details

  • 0.39 Acre Lot

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Frame Construction

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Seth Paine Elementary School
  • Lake Zurich Middle - N Campus
  • Lake Zurich High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • Lake Zurich Heights Subdivision, Ranch Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,373

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: LAKE ZURICH HEIGHTS
  • Year Built: 1947
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • LivingArea: 1440
  • Room Type: No additional rooms
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room

Exterior Features

  • List Price: 189900
  • Waterfront: No
  • Exterior Building Type: Frame

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: None
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: SETH PAINE ELEMENTARY SCHOOL
  • High School: LAKE ZURICH HIGH SCHOOL
  • Middle/Junior School: LAKE ZURICH MIDDLE - N CAMPUS
  • Middle/Junior School District: 95

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.3928
  • Lot Dimensions: 17111
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5373
  • Tax Year: 2013
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2014
Closed on
May 26, 2015
Sold by
Fannie Mae
Bought by
Connor Amy K O
Seller's Agent
Anna Cherniak
A Team Realty Inc.
Buyer's Agent
Benjamin Opsahl
RE/MAX At Home
List Price
$229,900
Sold Price
$185,500
Premium/Discount to List
-$44,400
-19.31%
Current Estimated Value
$376,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,760
Avg. Annual Appreciation
6.38%
Original Mortgage
$182,139
Outstanding Balance
$142,028
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$209,739

Purchase Details

Closed on
Sep 18, 2013
Sold by
Adaszewska Jadwige
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
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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
Connor Amy K O -- First American Title
Federal National Mortgage Association $210,001 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connor Amy K O $182,139
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2015 05/27/15 Sold $185,500 -2.3% $129 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
02/24/2015 02/24/15 Price Changed $189,900 -5.0% $132 / Sq Ft
01/22/2015 01/22/15 Price Changed $199,900 -4.8% $139 / Sq Ft
12/18/2014 12/18/14 Price Changed $209,900 -8.7% $146 / Sq Ft
11/03/2014 11/03/14 For Sale $229,900 -- $160 / 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 $6,296 $119,601 $39,703 $79,898
2023 $5,945 $101,207 $33,597 $67,610
2022 $5,945 $94,380 $32,947 $61,433
2021 $5,734 $91,962 $32,103 $59,859
2020 $5,631 $91,962 $32,103 $59,859
2019 $5,545 $78,680 $31,823 $46,857
2018 $5,938 $84,127 $34,237 $49,890
2017 $5,896 $83,113 $33,824 $49,289
2016 $5,774 $80,481 $32,753 $47,728
2015 $5,875 $76,656 $31,196 $45,460
2014 $5,373 $72,038 $26,224 $45,814
2012 $5,116 $72,189 $26,279 $45,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08768394

Midwest Real Estate Data (MRED)

APN: 14-18-300-002