NOT LISTED FOR SALE

1040 Cormar Dr Lake Zurich, IL 60047

Estimated Value: $628,000 - $715,369

4 Beds
3.5 Baths
3,410 Sq Ft
$202/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $622,000 $182 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,806/month

6 Days on Market

Highlights

  • Deck
  • Property is near a park
  • Wood Flooring
  • May Whitney Elementary School Rated A
  • Recreation Room
  • 4-minute walk to Wicklow Park

About This Home

As of June 2024

A stunning residence in Lake Zurich awaits you, boasting an exquisite fenced-in yard that offers an abundance of space for your enjoyment. This beautiful 4-bedroom, 3.1-bathroom home spans 3410 sq ft and features a well-appointed 1st-floor den, complemented by 9' ceilings that enhance the sense of space. Step into luxury with a large 2-story layout, accentuated by a 1200 sq ft finished walk-out basement complete with a full bathroom. The heart of this home is a super-sized gourmet kitchen featuring granite countertops, stainless steel appliances, brand new hardwood floors, and a recently added cook-top. Notable features include a front and back staircase, formal living and dining rooms, and a generously sized master bedroom suite with an ultra bath. The property is situated in a wonderful neighborhood with excellent schools, making it an ideal home for families. Recent upgrades include a December 2023 addition of a new Whirlpool fridge, Kahrs hardwood flooring throughout the entire upstairs installed in 2023, and a new GE commercial-grade washer and dryer in the same year. The modern touch extends to a 2022 addition of a new Bosch dishwasher. This residence is not just a home; it's a true beauty, meticulously decorated, and maintained to perfection. Experience the epitome of comfort and style in this remarkable Lake Zurich property.

Last Agent to Sell the Property

Samantha Kalamaras

@properties Christie's International Real Estate License #475122440 Listed on: 04/16/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Drita Haziraj

Chase Real Estate LLC License #475175606

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,348

Year Built

  • Built in 1999

Lot Details

  • 9,997 Sq Ft Lot
  • Lot Dimensions are 75x136
  • Fenced Yard
  • Paved or Partially Paved Lot

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,410 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Attached Fireplace Door
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Game Room
  • Wood Flooring
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Bar
  • Double Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • In-Law or Guest Suite
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Schools

  • May Whitney Elementary School
  • Lake Zurich Middle - N Campus
  • Lake Zurich High School

Utilities

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

Additional Features

  • Deck
  • Property is near a park

Community Details

  • Wicklow Village Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,348

Year Built

Built in 1999

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Wicklow Village
  • Year Built: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full, Walkout
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Attached Fireplace Doors/Screen, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, In-Law Arrangement, First Floor Laundry
  • LivingArea: 3410
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Den, Eating Area, Foyer, Game Room, Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Unfinished
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 629900
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 369
  • Association Fee Frequency: Annually
  • Community Features: Park, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: May Whitney 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: 0.2295
  • Lot Dimensions: 75X136
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 11348
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
May 22, 2024
Sold by
Kyes Justin R and Kyes Lindsay K
Bought by
Puri Alka and Puri Pankaj
Seller's Agent
Samantha Kalamaras
@properties Christie's International Real Estate
Buyer's Agent
Drita Haziraj
Chase Real Estate LLC
List Price
$629,900
Sold Price
$622,000
Premium/Discount to List
-$7,900
-1.25%
Views
33
Current Estimated Value
$689,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,592
Avg. Annual Appreciation
6.77%
Original Mortgage
$528,700
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2015
Closed on
Jun 22, 2015
Sold by
Hamblin Daniel and Hamblin Kimberly A
Bought by
Kyes Justin R and Kyes Lindsay
Seller's Agent
Cherie Smith Zurek
RE/MAX Suburban
Buyer's Agent
Samantha Kalamaras
@properties Christie's International Real Estate
List Price
$459,900
Sold Price
$437,500
Premium/Discount to List
-$22,400
-4.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$350,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2009
Sold by
Shah Mahasukh M and Shah Saudamini M
Bought by
Hamblin Daniel and Hamblin Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,087
Interest Rate
5.1%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 1999
Sold by
Lake Zurich Ltd Partnership
Bought by
Shah Mahasukh M and Shah Saudamini M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.78%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Puri Alka $622,000 Proper Title
Kyes Justin R $437,500 Fidelity National Title
Hamblin Daniel $450,000 None Available
Shah Mahasukh M $338,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Puri Alka $528,700
Previous Owner Kyes Justin R $350,000
Previous Owner Hamblin Daniel $412,087
Previous Owner Shah Mahasukh M $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $622,000 -1.3% $182 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $629,900 +44.0% $185 / Sq Ft
07/01/2015 07/01/15 Sold $437,500 -4.9% $128 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $459,900 -- $135 / 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 $13,430 $183,644 $28,291 $155,353
2023 $11,753 $178,711 $27,531 $151,180
2022 $11,753 $155,184 $28,065 $127,119
2021 $11,348 $151,207 $27,346 $123,861
2020 $11,946 $161,665 $27,346 $134,319
2019 $11,762 $160,254 $27,107 $133,147
2018 $12,208 $166,599 $28,794 $137,805
2017 $12,126 $164,591 $28,447 $136,144
2016 $11,891 $159,379 $27,546 $131,833
2015 $11,729 $151,804 $26,237 $125,567
2014 -- $167,181 $30,936 $136,245
2012 $11,961 $167,533 $31,001 $136,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12031112

Midwest Real Estate Data (MRED)

APN: 14-09-402-023