NOT LISTED FOR SALE

1075 Omalley Dr Lake Zurich, IL 60047

Estimated Value: $762,000 - $982,000

5 Beds
4 Baths
3,309 Sq Ft
$253/Sq Ft Est. Value

Last Sold June 18, 2020

Last sale price $500,000 $151 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,786/month

89 Days on Market

Highlights

  • Deck
  • Wetlands Adjacent
  • Vaulted Ceiling
  • Spencer Loomis Elementary School Rated A
  • Recreation Room
  • Traditional Architecture

About This Home

As of June 2020

Incredible opportunity in Lake Zurich with this Beautiful 5 bedroom home that has so much natural light in every room with all of the windows and 2 story rooms throughout the first floor. This Albert model in Wicklow Estates boasts a first floor master suite and 3 bedrooms up. The incredible open kitchen has 2 islands as well as a large eating area. The full finished walkout basement adds another 2,000 sq feet of fun living space with a game room, parlor, 5th bedroom and enormous rec room for all of your family gatherings. The tight-knit neighborhood has regular block parties and holiday-get togethers. Located so close to the schools, shopping and downtown Lake Zurich, this is the ultimate destination for you. The home is so perfect you may never need to move again!

Last Agent to Sell the Property

Patricia Murray

Berkshire Hathaway HomeServices Chicago License #471007121 Listed on: 02/06/2020

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Frank Grabowski

Berkshire Hathaway HomeServices Chicago License #475128775

Last Buyer's Agent

Shaunna Burhop

Baird & Warner License #475144690

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,531

Year Built

  • 1999

Lot Details

  • 0.36

HOA Fees

  • $31 per month

Parking

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

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Attached Fireplace Door
  • See Through Fireplace
  • Entrance Foyer
  • Dining Area
  • Home Office
  • Recreation Room
  • Loft
  • Game Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Two Heating Systems
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Wetlands Adjacent

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $10,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,531

Year Built

1999

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
  • Total Full or Half Bathrooms: 3.1
  • Total Sq Ft: 3309
  • Unfinished Basement Sq Ft: 187
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1999
  • Tax Exemptions: Homeowner, Senior
  • Total Sq Ft: 5696
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Walk-In Closet(s)
  • Number Of Rooms: 14
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven-Double, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop
  • Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: See through/Multi Sided, Attached Fireplace Doors/Screen, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X7, On Level: Main Level
  • Dining Room: Dimensions: 16X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Kitchen Type: Dimensions: 15X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Walk-in
  • Additional Rooms: 5th Bedroom, Eating Area, Office, Loft, Recreation Room, Game Room, Foyer
  • Master Bedroom: Dimensions: 17X15, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 15X12, On Level: Basement, Flooring: Carpet, Windows: Blinds
  • Additional Room 2 Name: Eating Area, Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 2: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 3 Name: Office, Dimensions: 12X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 4 Name: Loft, Dimensions: 12X6, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Recreation Rm, Dimensions: 35X29, On Level: Walkout Basement, Flooring: Carpet, Windows: Blinds
  • Additional Room 6 Name: Game Rm, Dimensions: 20X13, On Level: Walkout Basement, Flooring: Carpet, Windows: Blinds
  • Additional Room 7 Name: Bar, Dimensions: 15X14, On Level: Basement, Flooring: Ceramic Tile, Windows: None
  • Additional Room 8 Name: Foyer, Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 3309
  • Estimated Total Finished Sq Ft: 5509
  • Basement Sq Ft: 2387
  • Basement Finished Sq Ft: 2200
  • Main Level Sq Ft: 2409
  • Upper Level Sq Ft: 900
  • Dining Room Type: Separate
  • Family Room: Dimensions: 16X15, On Level: Main Level, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck

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, Zoned
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Common Insurance
  • Assessment Association Fees: 370

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: 120X163X81X175
  • Lot Description: Wetlands adjacent
  • Parcel Identification Number: 14093020600000

Tax Info

  • Taxes: 13156.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2021
Sold by
Owen Mark and Owen Heather
Bought by
Mark Owen And Heather Owen Living Trust and Owen
Current Estimated Value
$837,478

Purchase Details

Listed on
Feb 6, 2020
Closed on
Jun 5, 2020
Sold by
Jerard Wendy T and The Jerard Family Living Trust
Bought by
Owen Mark and Owen Heather
Seller's Agent
Patricia Murray
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Shaunna Burhop
Baird & Warner
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$400,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 1999
Sold by
Lake Zurich Ltd Partnership
Bought by
Hoeller Timothy L and Hoeller Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
7.87%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Mark Owen And Heather Owen Living Trust -- None Listed On Document
Owen Mark $500,000 First American Title
Hoeller Timothy L $422,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Owen Mark $400,000
Previous Owner Jerard Milton F $200,000
Previous Owner Jerard Milton F $175,000
Previous Owner Hoeller Timothy L $33,000
Previous Owner Hoeller Timothy L $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2020 06/18/20 Sold $500,000 0.0% $151 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
05/01/2020 05/01/20 Off Market $500,000 -- --
03/04/2020 03/04/20 Price Changed $525,000 -4.5% $159 / Sq Ft
02/06/2020 02/06/20 For Sale $550,000 -- $166 / 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 $15,531 $211,100 $42,603 $168,497
2023 $15,219 $205,430 $41,459 $163,971
2022 $15,219 $199,179 $42,263 $156,916
2021 $14,698 $194,075 $41,180 $152,895
2020 $14,049 $194,075 $41,180 $152,895
2019 $13,835 $192,382 $40,821 $151,561
2018 $13,066 $182,910 $44,533 $138,377
2017 $12,975 $180,705 $43,996 $136,709
2016 $12,714 $183,200 $42,603 $140,597
2015 $13,152 $176,375 $40,578 $135,797
2014 $12,885 $169,387 $40,291 $129,096
2012 $12,339 $169,744 $40,376 $129,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10610491

Midwest Real Estate Data (MRED)

APN: 14-09-302-060