NOT LISTED FOR SALE

1074 Cormar Dr Lake Zurich, IL 60047

Estimated Value: $629,000 - $823,000

5 Beds
4 Baths
3,629 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $445,000 $123 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,871/month

48 Days on Market

Highlights

  • Recreation Room
  • Vaulted Ceiling
  • Sun or Florida Room
  • May Whitney Elementary School Rated A
  • Whirlpool Bathtub
  • Double Oven

About This Home

As of October 2020

Rare Magnolia model with 3-car garage, full-finished walk-out basement in sought-after Wicklow Village, backing to upscale equestrian farm. All new carpet on upper level, installed July 2020. Flowing open floor plan. Huge gourmet kitchen with granite counters and island/breakfast bar, upgraded cabinets, top-end stainless steel double oven and appliances. Bumped out eating area opens to glassed solarium, large balcony/deck, overlooking patios and park-like fenced yard (.23 acre landscaped lot). Connecting family room warmed by gas fireplace with marble hearth. Two-story living room/dining room/foyer form impressive great room whose windows illumine with natural light and serene views. Elegantly appointed fixtures and updates throughout. Oak rails and natural wood spindles adorn the stairs and loft area. Vaulted ceilings, hardwood floors, crown molding, white trim, neutral tones. Master suite boasts cathedral ceiling, separate shower, air-jet tub, and dual vanities. Ample 1st-floor laundry room, Amazing finished walk-out basement hosts 5th bedroom and expansive rec room, tons of storage, and sliders to patios and yard. Extra-wide driveway. Impeccably loved home. Close to parks, shopping, restaurants, major commuter ways, and award-winning schools. Tour in person, take our 3D Walkthrough, or request a Tour via Video Chat today!

Last Agent to Sell the Property

David Leigh

Redfin Corporation License #471007779 Listed on: 07/13/2020

Redfin Corporation

Last Buyer's Agent

Brett Larson

Redfin Corporation

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,676

Year Built

  • 1996

Lot Details

  • Fenced Yard

HOA Fees

  • $31 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Recreation Room
  • Bonus Room
  • Sun or Florida Room
  • Laminate Flooring
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub

Finished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,676

Year Built

1996

Lot Details

0

HOA Fees

$31 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 21-25 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Square Footage Comments: 2433 SF abv grd, 1196 finished walkout basement
  • Total Full or Half Bathrooms: 3.1
  • Total Sq Ft: 2433
  • Type Detached: 2 Stories
  • Estimated Year Built: 1996
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 3629
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Wood Laminate Floors, 1st Floor Laundry
  • Number Of Rooms: 11
  • Living Room: Dimensions: 20X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Disposal
  • Equipment: TV-Cable, CO Detectors
  • Attic: Unfinished
  • Fireplace Location: Living Room
  • Basement: Walkout
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Dining Room: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 19X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Sun/Florida Room, Recreation Room, Bonus, 5th Bedroom
  • Master Bedroom: Dimensions: 15X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Sunroom, Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Recreation Rm, Dimensions: 25X22, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Bonus, Dimensions: 15X10, On Level: Basement, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: 5th Bdrm, Dimensions: 15X12, On Level: Basement, Flooring: Carpet
  • Bedroom 4: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 3629
  • Estimated Total Finished Sq Ft: 3629
  • Basement Sq Ft: 1196
  • Basement Finished Sq Ft: 1196
  • Upper Level Sq Ft: 2433
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Acreage: 0.23

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 369
  • Management Contact Name: Management
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: WICKLOW VILLAGE HOA

Schools

  • School District: 95
  • Elementary School: May Whitney Elementary School
  • Middle School: Lake Zurich Middle - N Campus
  • High School: Lake Zurich High School
  • Junior High Dist: 95

Lot Info

  • Lot Dimensions: 75 X 137
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 14094020180000
  • Zero Lot Line: No

Tax Info

  • Taxes: 11694.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2022
Sold by
Manning and Morgan
Bought by
Adam Ryan Manning Declaration Of Revocable Tr and Morgan Nicole Manning Declaration Of Revocable Trust
Current Estimated Value
$713,898

Purchase Details

Listed on
Jul 13, 2020
Closed on
Oct 25, 2020
Sold by
Leiby Jerry B and Leiby Vicki S
Bought by
Manning Adam and Manning Morgan
Seller's Agent
David Leigh
Redfin Corporation
Buyer's Agent
Brett Larson
Redfin Corporation
List Price
$465,000
Sold Price
$445,000
Premium/Discount to List
-$20,000
-4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%

Purchase Details

Closed on
Aug 28, 2009
Sold by
Hass Richard and Hass Cynthia
Bought by
Leiby Jerry B and Leiby Vicki S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,666
Interest Rate
5.32%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 2006
Sold by
Mcgreevy David and Mcgreevy Kimberly A
Bought by
Hass Richard and Hass Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.95%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 8, 2003
Sold by
Pieper James M and Pieper Linda J
Bought by
Mcgreevy David and Mcgreevy 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
$205,000
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 23, 1999
Sold by
Elliott David J and Elliott Diane L
Bought by
Pieper James M and Pieper Linda L

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
6.92%

Purchase Details

Closed on
May 16, 1997
Sold by
Lake Zurich Ltd Partnership
Bought by
Elliot David J and Elliot Diane L
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
Adam Ryan Manning Declaration Of Revocable Tr -- Robert M Kaplan Pc
Manning Adam $445,000 Citywide Title Corporation
Leiby Jerry B $450,000 First American Title
Hass Richard $525,000 Ticor
Mcgreevy David $448,000 --
Pieper James M $344,000 Standard Title
Elliot David J $272,500 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leiby Jerry B $416,666
Previous Owner Hass Richard $420,000
Previous Owner Mcgreevy David $205,000
Previous Owner Pieper James M $240,000
Closed Pieper James M $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $445,000 -3.3% $123 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
08/06/2020 08/06/20 Price Changed $459,999 -1.1% $127 / Sq Ft
07/13/2020 07/13/20 For Sale $465,000 -- $128 / 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 $12,676 $173,799 $28,212 $145,587
2023 $11,519 $169,131 $27,454 $141,677
2022 $11,519 $152,219 $27,987 $124,232
2021 $11,122 $148,318 $27,270 $121,048
2020 $11,876 $160,760 $27,270 $133,490
2019 $11,694 $159,358 $27,032 $132,326
2018 $11,200 $153,340 $28,809 $124,531
2017 $11,124 $151,492 $28,462 $123,030
2016 $10,896 $146,695 $27,561 $119,134
2015 $10,745 $139,723 $26,251 $113,472
2014 $11,669 $149,597 $30,943 $118,654
2012 $11,082 $149,912 $31,008 $118,904
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10780044

Midwest Real Estate Data (MRED)

APN: 14-09-402-018