NOT LISTED FOR SALE

1098 Cormar Dr Lake Zurich, IL 60047

Estimated Value: $606,000 - $701,000

4 Beds
3.5 Baths
2,273 Sq Ft
$285/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $553,000 $243 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,419/month

6 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Recreation Room
  • May Whitney Elementary School Rated A
  • Deck
  • Vaulted Ceiling

About This Home

As of November 2023

Spacious, Immaculate and Stunning 2 story home with Finished Walk Out Basement and 3 car garage!!! New in 2023 - Luxury Kitchen Remodel, Entire Interior of the home was painted and new flooring throughout most of this home!! 4 Bedrooms and 3.5 baths. Kitchen features include a large Center Island, Stainless Steel Appliances, Quartz Counters, Beautiful Tile Floors and Backsplash. The home also has an ample Breakfast room and Formal Dining room. Family Room is open to the Kitchen, with Harwood Floors and Fireplace! Awesome Primary Suite with Jetted tub, separate Shower, 2 sinks and 2 closets, including a Walk in Closet. Walkout Basement has so much flexibility, Large Recreation area, Full Bath, Bar, Storage Room and Home Office area. Use the Basement it as it is or Customize to your preference. Some windows have been replaced. The exterior features include, Trex & Cedar Deck, plus concrete patio, fully fenced yard and paver walk way. Garage has Epoxy floor coating. Light and Bright. Very convenient location.

Last Agent to Sell the Property

Larry Schneider

Jason Mitchell Real Estate IL License #475142834 Listed on: 10/12/2023

Jason Mitchell Real Estate IL

Last Buyer's Agent

Ginny Zerang

Berkshire Hathaway HomeServices Chicago License #475186840

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,705

Year Built

  • Built in 1998 | Remodeled in 2023

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75x136
  • Fenced Yard

Parking

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

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,273 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dry Bar
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Blinds
  • Family Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storm Screens

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio

Schools

  • May Whitney Elementary School
  • Lake Zurich Middle - N Campus
  • Lake Zurich High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,705

Year Built

Built in 1998 | Remodeled in 2023

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1998
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: Full, Walkout
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Dry, Hardwood Floors, First Floor Laundry, Walk-In Closet(s), Open Floorplan, Some Carpeting, Drapes/Blinds, Granite Counters, Separate Dining Room
  • LivingArea: 2273
  • Room Type: Breakfast Room, Office, Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 4129
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Garden Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 568000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 75X136
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 11704.82
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Nov 20, 2023
Sold by
Mann Roger D and Mann Luz Neida
Bought by
Blane Aaron and Morgan Laura
Seller's Agent
Larry Schneider
Jason Mitchell Real Estate IL
Buyer's Agent
Ginny Zerang
Berkshire Hathaway HomeServices Chicago
List Price
$568,000
Sold Price
$553,000
Premium/Discount to List
-$15,000
-2.64%
Views
102
Current Estimated Value
$647,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,410
Avg. Annual Appreciation
5.68%
Original Mortgage
$461,017
Outstanding Balance
$454,827
Interest Rate
7.75%
Mortgage Type
FHA
Estimated Equity
$158,057

Purchase Details

Closed on
Apr 6, 1998
Sold by
Lake Zurich Ltd Partnership
Bought by
Mann Roger D and Mann Luz Neida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
7.27%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Blane Aaron $553,000 First American Title Insurance
Mann Roger D $306,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blane Aaron $461,017
Previous Owner Mann Roger D $227,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $553,000 -2.6% $243 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $568,000 -- $250 / 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 $11,828 $162,725 $28,187 $134,538
2023 $11,828 $158,354 $27,430 $130,924
2022 $11,705 $154,575 $27,963 $126,612
2021 $11,302 $150,613 $27,246 $123,367
2020 $11,098 $150,613 $27,246 $123,367
2019 $10,927 $149,299 $27,008 $122,291
2018 $10,491 $144,018 $28,789 $115,229
2017 $10,420 $142,282 $28,442 $113,840
2016 $10,217 $137,776 $27,541 $110,235
2015 $10,074 $131,228 $26,232 $104,996
2014 $10,977 $140,942 $30,931 $110,011
2012 $10,375 $141,239 $30,996 $110,243
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11904636

Midwest Real Estate Data (MRED)

APN: 14-09-402-016