NOT LISTED FOR SALE

1079 Avery Ridge Cir Lake Zurich, IL 60047

Estimated Value: $825,081 - $874,000

4 Beds
2.5 Baths
2,738 Sq Ft
$309/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $701,000 $256 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,882/month

87 Days on Market

Highlights

  • New Construction
  • 2 Car Attached Garage
  • Laundry Room
  • Spencer Loomis Elementary School Rated A
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

Welcome to the Eastman, an innovative floorplan at over 2,700 square feet. This stunning single family home in Lake Zurich sits in the rear of the community and features four bedrooms, two-and-a-half-bathrooms, a planning center, a convenient second-floor laundry room, and a two and a half car garage. Upon entering the home, the two-story foyer sets the tone of the impressive home design. The front flex room can be turned into a space to tailor the needs for you and your family - talk about flexABILITY. Walk down the hall, past the powder room and coat closet, and arrive to the family room that opens to the breakfast area and kitchen. The kitchen has a notable wall of cabinetry that leads to the walk-in pantry and mud room. The mud room serves as a very practical owner's entry with an option for systematic cubbies, a storage closet, and a "drop zone" - a recent trend where you can easily "drop" keys or mail for additional organizing. The Eastman is known for its planning center, a secluded niche space that is tucked away by the staircase to the second floor. This space is designed to help you stay organized and focused - pay bills, plan, or do homework - but still feels connected to the hub of the home. Up the stairs are the three secondary bedrooms, each with a walk-in closet, and the owner's suite. The convenient second-floor laundry is also a perk; no more lugging laundry baskets up and down the stairs, saving you time to handle more important things of life. The owner's suite includes an appealing owner's bathroom design which leads to a walk-in closet with a window. You're sure to love the Eastman. Contact us today to schedule your personal appointment! This home features: Four bedrooms Two-and-a-half bathrooms Second-floor laundry Open stairs to basement Fireplace Luxury owner's bathroom Nine-foot lookout basement

Last Agent to Sell the Property

Linda Little

Little Realty License #471000259 Listed on: 01/27/2022

Co-Listed By

Cheryl Bonk

Little Realty License #475141366

Last Buyer's Agent

Sheryl Graff

Compass License #475156206

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,762

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Lot Dimensions are 95 x 95

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,738 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Schools

  • Seth Paine Elementary School
  • Lake Zurich Middle - N Campus
  • Lake Zurich High School

Utilities

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

Community Details

  • Marty Association, Phone Number (847) 338-9635
  • Avery Ridge Subdivision, Eastman Cr Floorplan
  • Property managed by M/I Homes Chicago, LLC

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,762

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$85 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: Yes
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Avery Ridge
  • Year Built: 2021
  • Age: NEW Proposed Construction
  • 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: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Second Floor Laundry
  • LivingArea: 2738
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Existing Basement/Foundation: No

Exterior Features

  • List Price: 696660
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 254
  • Association Fee Frequency: Quarterly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: M/I Homes Chicago, LLC
  • Management Contact Name: Marty
  • Management Phone: 847-338-9635
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Seth Paine Elementary School
  • High School: Lake Zurich High School
  • Middle/Junior School: Lake Zurich Middle - N Campus
  • Middle/Junior School District: 95

Lot Info

  • Lot Dimensions: 95 X 95
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
May 26, 2022
Sold by
M/I Homes Of Chicago Llc
Bought by
Serfling Emily and Mcelheny Colton
Seller's Agent
Linda Little
Little Realty
Buyer's Agent
Sheryl Graff
Compass
List Price
$681,660
Sold Price
$701,000
Premium/Discount to List
$19,340
2.84%
Current Estimated Value
$845,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,520
Avg. Annual Appreciation
5.94%
Original Mortgage
$630,900
Outstanding Balance
$602,882
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$247,734
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
Serfling Emily $700,666 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serfling Emily $630,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $701,000 +0.6% $256 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
03/11/2022 03/11/22 Price Changed $696,660 +2.2% $254 / Sq Ft
01/27/2022 01/27/22 For Sale $681,660 -- $249 / 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 $15,762 $214,117 $54,145 $159,972
2023 $14,946 $208,366 $52,691 $155,675
2022 $14,946 $193,339 $21,951 $171,388
2021 $173 $2,208 $2,208 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11312336

Midwest Real Estate Data (MRED)

APN: 14-09-309-006