Seller's Agent in 2022
Lynn Fairfield
RE/MAX Suburban
(847) 373-3311
2 in this area
193 Total Sales
1041 Memory Ln Lake Zurich, IL 60047
Estimated Value: $818,000 - $885,000
4
Beds
4.5
Baths
4,156
Sq Ft
$206/Sq Ft
Est. Value
Highlights
- Home Theater
- 0.71 Acre Lot
- Deck
- Seth Paine Elementary School Rated A
- Colonial Architecture
- Property is near a park
About This Home
As of June 2022Make Memories on Memory Lane! This is a beautiful home that has been loved dearly and meticulously maintained and updated over the years! Not only inside, but you'll love outside as well with some of the most private beautiful sunsets and serene pond views. A grand 2 story foyer greets you and flows organically to the elegant formal living spaces on the 1st level. Intricate detail can be found throughout such as crown molding, gleaming hardwood floors, arched entryways, and custom built in's. The kitchen is the heart of the home and every foodies dream! Enjoy a large center island, granite countertops, custom cabinet organizers, stainless steel appliances (newer Frigidaire refrigerator & Bosch dishwasher), wet bar, ceramic tile, radiant natural sunlight, a sunny eating area that gains access to the balcony deck, and peers into the cozy family room boasting a brick fireplace. The second level boasts 4 bedrooms which include the romantic master suite graced with a huge sitting area, an amazing custom dressing room w/built in's + organizers, and a spa-like private bath. The full English basement is such a great space in the home! You will find a large office with elegant french doors, a full bath, tons of storage, a gym with a closet, a game room, a toy room, custom display closets, and a really cool built-in home theater w/comfy couches! Enjoy a heated 3+ car garage with workspace and cabinets! The owners truly fell in love with the location, privacy, and views. 2018 roof, 2018 Trane A/C , less than 1-year-old washer & dryer. There is no place like home and this is truly home! Enjoy neighborhood playground and Tennis courts!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,098
Year Built
- Built in 2005
Lot Details
- 0.71 Acre Lot
- Lot Dimensions are 75x16x239x174x222
- Cul-De-Sac
HOA Fees
- $89 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Colonial Architecture
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,156 Sq Ft Home
- 2-Story Property
- Wet Bar
- Built-In Features
- Vaulted Ceiling
- Ceiling Fan
- Attached Fireplace Door
- Gas Log Fireplace
- Entrance Foyer
- Family Room with Fireplace
- Sitting Room
- Living Room
- Formal Dining Room
- Home Theater
- Game Room
- Utility Room with Study Area
- Home Gym
- Unfinished Attic
Kitchen
- Built-In Double Oven
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- English Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Recreation or Family Area in Basement
- Finished Basement Bathroom
- Basement Storage
- Basement Window Egress
Home Security
- Home Security System
- Storm Screens
- Carbon Monoxide Detectors
Outdoor Features
- Balcony
- Deck
Location
- Property is near a park
Schools
- Seth Paine Elementary School
- Lake Zurich Middle - N Campus
- Lake Zurich High School
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include insurance
- Manager Association, Phone Number (847) 362-9624
- Sonoma Subdivision
- Property managed by Kalman Management Group
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 8, 2022
Closed on
Jun 8, 2022
Sold by
Brandl Jeffrey A and Brandl Kim J
Bought by
Nutter Michael and Nutter Rachel K
Seller's Agent
Lynn Fairfield
RE/MAX Suburban
Buyer's Agent
Joe Gattone
Compass
Sold Price
$759,000
Total Days on Market
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,158
Avg. Annual Appreciation
4.17%
Original Mortgage
$750,000
Outstanding Balance
$707,057
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$147,101
Purchase Details
Closed on
Feb 1, 2006
Sold by
Sonoma Llc
Bought by
Brandl Jeffrey A and Brandl Kim J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,800
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nutter Michael | $759,000 | Grow Anne C | |
| Brandl Jeffrey A | $771,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nutter Michael | $750,000 | |
| Previous Owner | Brandl Jeffrey A | $72,900 | |
| Previous Owner | Brandl Jeffrey A | $522,000 | |
| Previous Owner | Brandl Jeffrey A | $85,200 | |
| Previous Owner | Brandl Jeffrey A | $616,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/15/2022 06/15/22 | Sold | $759,000 | -5.0% | $183 / Sq Ft |
| 03/08/2022 03/08/22 | Pending | -- | -- | -- |
| 03/06/2022 03/06/22 | For Sale | -- | -- | -- |
| 02/20/2022 02/20/22 | Pending | -- | -- | -- |
| 02/08/2022 02/08/22 | For Sale | $799,000 | -- | $192 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $16,591 | $228,994 | $49,436 | $179,558 |
| 2022 | $16,591 | $223,989 | $48,694 | $175,295 |
| 2021 | $16,012 | $218,249 | $47,446 | $170,803 |
| 2020 | $16,098 | $218,249 | $47,446 | $170,803 |
| 2019 | $15,831 | $216,345 | $47,032 | $169,313 |
| 2018 | $15,188 | $209,181 | $50,597 | $158,584 |
| 2017 | $15,032 | $206,660 | $49,987 | $156,673 |
| 2016 | $14,737 | $200,116 | $48,404 | $151,712 |
| 2015 | $14,531 | $190,604 | $46,103 | $144,501 |
| 2014 | $14,839 | $192,577 | $47,637 | $144,940 |
| 2012 | $14,099 | $192,982 | $47,737 | $145,245 |
Source: Public Records
Agents Affiliated with this Home
-
Lynn Fairfield
-
Joe Gattone
Buyer's Agent in 2022
Joe Gattone
Compass
(847) 650-4048
2 in this area
147 Total Sales
Map
Similar Homes in Lake Zurich, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 11302154
APN: 14-19-301-073
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