NOT LISTED FOR SALE

1048 Wilmette Terrace Lake Zurich, IL 60047

Estimated Value: $555,000 - $719,000

3 Beds
3 Baths
2,412 Sq Ft
$249/Sq Ft Est. Value

About This Home

This home is located at 1048 Wilmette Terrace, Lake Zurich, IL 60047 and is currently estimated at $601,618, approximately $249 per square foot. 1048 Wilmette 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
Jun 30, 2020
Sold by
Young Kevin and Young Rhond
Bought by
Sobey Jenna and Sobey Austin
Current Estimated Value
$601,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$286,372
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$307,962

Purchase Details

Closed on
Mar 10, 2006
Sold by
Young Kevin and Young Renee M
Bought by
Young Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 20, 2005
Sold by
Elias Roberto C and Elias Jennifer A
Bought by
Young Kevin and Young Renee Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,800
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 26, 2002
Sold by
Rapp Robert A
Bought by
Elias Roberto C and Elias Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.16%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Sobey Jenna $400,000 Attorneys Ttl Guaranty Fund
Young Kevin -- Chicago Title Insurance Co
Young Kevin $366,000 --
Elias Roberto C $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sobey Jenna $320,000
Previous Owner Young Kevin $292,800
Previous Owner Elias Roberto C $240,000
Closed Elias Roberto C $45,000
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 $10,163 $162,120 $31,064 $131,056
2023 $10,018 $137,188 $26,287 $110,901
2022 $10,018 $133,158 $25,779 $107,379
2021 $9,671 $129,745 $25,118 $104,627
2020 $9,496 $129,745 $25,118 $104,627
2019 $9,351 $128,613 $24,899 $103,714
2018 $9,193 $126,944 $26,788 $100,156
2017 $9,199 $125,414 $26,465 $98,949
2016 $8,950 $121,443 $25,627 $95,816
2015 $8,751 $115,671 $24,409 $91,262
2014 $7,477 $98,799 $20,073 $78,726
2012 $7,116 $99,007 $20,115 $78,892
Source: Public Records

Map

Illinois Lake County Lake Zurich 60047

1048 Wilmette Terrace, Lake Zurich, IL

This home is located at 1048 Wilmette Terrace, Lake Zurich, IL 60047 and is currently estimated at $601,618, approximately $249 per square foot. 1048 Wilmette 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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