$400,000
SOLD FEB 28, 2017

1050 Cormar Dr Lake Zurich, IL 60047

4 Beds
3 Baths
2,975 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$134 Per Sq Ft

2% Below List Price

92 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Walk-In Pantry
  • May Whitney Elementary School Rated A
  • Den
  • 5-minute walk to Wicklow Park

About This Home

As of April 2022

WELCOME HOME! 4 BEDROOM, 2.5 BATHROOM HOME IN WICKLOW VILLAGE. OPEN FLOOR PLAN WITH 9FT CEILINGS & HARDWOOD FLOORS. 2 STORY FAMILY ROOM! LARGE KITCHEN WITH NEW STAINLESS STEEL APPLIANCES (JULY 2016), 42' MAPLE CABINETRY, GRANITE COUNTER TOPS & EATING AREA. FORMAL LIVING AND DINING ROOM. 1ST FLOOR DEN & UTILITY RM. MASTER SUITE HAS SPA-LIKE BATHROOM & WALK-IN CLOSET. WALKOUT BASEMENT. 2 CAR GARAGE

Last Agent to Sell the Property

Jane Lee

RE/MAX Top Performers License #471004433 Listed on: 09/23/2016

Last Buyer's Agent

Luigui Corral

RE/MAX American Dream License #471019538

RE/MAX American Dream

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,243

Year Built

  • 1998

HOA Fees

  • $24 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Asphalt Shingled Roof
  • Stone Siding

Interior Spaces

  • Vaulted Ceiling
  • Entrance Foyer
  • Den
  • Storm Screens
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • $12,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,243

Year Built

1998

Lot Details

0

HOA Fees

$24 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings
  • Number Of Rooms: 9
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Water-Softener Owned, Sump Pump
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 9X6, On Level: Main Level, Flooring: Vinyl, Windows: All
  • Dining Room: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet, Windows: All
  • Kitchen Type: Dimensions: 21X15, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Den, Foyer
  • Master Bedroom: Dimensions: 19X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Den, Dimensions: 12X12, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 3 Name: Foyer, Dimensions: 6X7, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 4: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 2975
  • Family Room: Dimensions: 19X15, On Level: Main Level, Flooring: Carpet, Windows: All

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Stone
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Storms/Screens
  • Acreage: 0.2287

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 284

Schools

  • School District: 95
  • Elementary School: SPENCER LOOMIS ELEMENTARY SCHOOL
  • Middle School: LAKE ZURICH MIDDLE - N CAMPUS
  • High School: LAKE ZURICH HIGH SCHOOL
  • Junior High Dist: 95

Lot Info

  • Lot Dimensions: 75X137
  • Parcel Identification Number: 14094020210000

Tax Info

  • Taxes: 11304.13

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 Type Sale Price Title Company
Warranty Deed $542,000 Lakeland Title Services
Warranty Deed $400,000 Affinity Title Services Llc
Warranty Deed $280,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $458,000 New Conventional
Previous Owner $388,000 New Conventional
Previous Owner $235,000 No Value Available
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: MRD09349983

Midwest Real Estate Data (MRED)

APN: 14-09-402-021