NOT LISTED FOR SALE

1050 Cormar Dr Lake Zurich, IL 60047

Estimated Value: $529,000 - $693,000

4 Beds
2.5 Baths
2,975 Sq Ft
$218/Sq Ft Est. Value

Last Sold April 06, 2022

Last sale price $542,000 $182 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,481/month

3 Days on Market

Highlights

  • Deck
  • Property is near a park
  • Den
  • May Whitney Elementary School Rated A
  • Vaulted Ceiling
  • 5-minute walk to Wicklow Park

About This Home

As of April 2022

Immaculate Wicklow Village executive home! This 4 bedroom, 2.5 bath home features a grand, two-story foyer, breath-taking two-story family room, and a tasteful modern design. The eat-in kitchen includes granite counters, breakfast bar, premium hood, s/s appliances, and a tile backsplash. First floor powder room is absolutely gorgeous for your guests to use. The first floor also features a formal living room, separate dining room, and a bonus room! French doors lead you into the master suite with walk-in closet, stand-up shower, jacuzzi tub, and double vanities. Full, walk-out basement. Enjoy the large, fenced-in yard from the raised deck off of the first level. Come experience what life is like in the beautiful Wicklow Village!

Last Agent to Sell the Property

Luigui Corral

RE/MAX American Dream License #471019538 Listed on: 03/05/2022

RE/MAX American Dream

Last Buyer's Agent

Vaseekaran Janarthanam

RE/MAX Plaza License #475144694

RE/MAX Plaza

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,299

Year Built

  • Built in 1998

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75x137
  • Paved or Partially Paved Lot

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 2,975 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Storm Screens

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Schools

  • Spencer Loomis Elementary School
  • Lake Zurich Middle - N Campus
  • Lake Zurich High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Additional Features

  • Deck
  • Property is near a park

Community Details

  • Wicklow Village Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,299

Year Built

Built in 1998

Lot Details

0

HOA Fees

$29 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: 1998
  • 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: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Vaulted/Cathedral Ceilings
  • LivingArea: 2975
  • Other Equipment: Humidifier, Water-Softener Owned, Sump Pump
  • Room Type: Den, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • List Price: 519000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • 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
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Spencer Loomis 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: 0.23
  • Lot Dimensions: 75X137
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 11299.08
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2022
Closed on
Mar 31, 2022
Sold by
Junqueira Gustavo G and Junqueira Marina
Bought by
Meenakshisundaram Kalyanasundaram and Palaniappan Sivakami
Seller's Agent
Luigui Corral
RE/MAX American Dream
Buyer's Agent
Vaseekaran Janarthanam
RE/MAX Plaza
List Price
$519,000
Sold Price
$542,000
Premium/Discount to List
$23,000
4.43%
Current Estimated Value
$647,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,316
Avg. Annual Appreciation
4.92%
Original Mortgage
$458,000
Outstanding Balance
$434,778
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$205,726

Purchase Details

Listed on
Sep 23, 2016
Closed on
Feb 27, 2017
Sold by
Hou Hongwei and Zhao Ying
Bought by
Junqueira Gustavo G and Parisi Marian
Seller's Agent
Jane Lee
RE/MAX Top Performers
Buyer's Agent
Luigui Corral
RE/MAX American Dream
List Price
$409,900
Sold Price
$400,000
Premium/Discount to List
-$9,900
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$388,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 1999
Sold by
Lake Zurich Ltd Partnership
Bought by
Hou Hongwei and Zhao Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.94%
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
Meenakshisundaram Kalyanasundaram $542,000 Lakeland Title Services
Junqueira Gustavo G $400,000 Affinity Title Services Llc
Hou Hongwei $280,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meenakshisundaram Kalyanasundaram $458,000
Previous Owner Junqueira Gustavo G $388,000
Previous Owner Hou Hongwei $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2022 04/06/22 Sold $542,000 +4.4% $182 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $519,000 0.0% $174 / Sq Ft
02/14/2020 02/14/20 Rented $2,900 -3.3% --
02/05/2020 02/05/20 For Rent $3,000 0.0% --
02/28/2017 02/28/17 Sold $400,000 -2.4% $134 / Sq Ft
12/24/2016 12/24/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $409,900 -- $138 / 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 $12,243 $168,908 $28,263 $140,645
2023 $12,575 $163,623 $27,504 $136,119
2022 $12,575 $159,622 $28,037 $131,585
2021 $12,155 $155,532 $27,319 $128,213
2020 $11,475 $155,532 $27,319 $128,213
2019 $11,299 $154,176 $27,081 $127,095
2018 $10,031 $134,947 $28,692 $106,255
2017 $10,193 $133,320 $28,346 $104,974
2016 $11,439 $147,538 $27,448 $120,090
2015 $11,304 $140,525 $26,143 $114,382
2014 $11,810 $145,188 $30,824 $114,364
2012 $11,220 $145,494 $30,889 $114,605
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11340048

Midwest Real Estate Data (MRED)

APN: 14-09-402-021