NOT LISTED FOR SALE

1123 Lexington Ln Lake Zurich, IL 60047

Estimated Value: $426,000 - $575,000

4 Beds
2.5 Baths
1,372 Sq Ft
$342/Sq Ft Est. Value

Last Sold January 05, 2015

Last sale price $315,000 $230 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,309/month

18 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Raised Ranch Architecture
  • Isaac Fox Elementary School Rated A
  • Vaulted Ceiling
  • 4-minute walk to Sparrow Ridge Park

About This Home

As of January 2015

Popular Sparrow Ridge Subdivision located in Lake Zurich just blocks to District 95 Schools and major shopping. Nothing to do but move-in!! Gorgeous kitchen with 42" hand glazed maple cabinetry, granite countertops & stainless appliances. Living room w/ volume ceiling & skylights, 4 bedroom, 2.1 bath, hardwood flooring. Family room w/ fireplace, walk-out lower level, spacious deck, 2 car garage.

Last Agent to Sell the Property

Bonnie Paice

Coldwell Banker Realty License #475093107 Listed on: 11/16/2014

Coldwell Banker Realty

Co-Listed By

Shannon Paice

Coldwell Banker Realty License #475154702

Last Buyer's Agent

Oksana Melnchyn

Cambridge Realty LLC License #471020810

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,996

Year Built

  • Built in 1988

Lot Details

  • Lot Dimensions are 60 x 100
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Raised Ranch Architecture
  • Step Ranch
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Schools

  • Isaac Fox Elementary School
  • Lake Zurich Middle - S Campus
  • Lake Zurich High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Community Details

  • Sparrow Ridge Subdivision, Jefferson Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,996

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • ArchitecturalStyle: Step Ranch
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Subdivision Name: Sparrow Ridge
  • Year Built: 1988
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors
  • Other Equipment: Water-Softener Owned, CO Detectors, Ceiling Fan(s)
  • Room Type: Eating Area
  • Basement Description: Finished,Exterior Access
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room

Exterior Features

  • ExteriorFeatures: Deck, Patio, Storage Shed
  • Foundation Details: Concrete Perimeter
  • List Price: 325000
  • Lot Features: Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Lights, Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: ISAAC FOX ELEMENTARY SCHOOL
  • High School: LAKE ZURICH HIGH SCHOOL
  • Middle/Junior School: LAKE ZURICH MIDDLE - S CAMPUS
  • Middle/Junior School District: 95

Lot Info

  • Lot Dimensions: 60 X 100
  • 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: 6996
  • Tax Year: 2012
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2014
Closed on
Dec 15, 2014
Sold by
Cartus Financial Corporation
Bought by
Subash Manish Khatri and Hatri Santosh Manish
Seller's Agent
Bonnie Paice
Coldwell Banker Realty
Buyer's Agent
Oksana Melnchyn
Cambridge Realty LLC
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Current Estimated Value
$469,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,394
Avg. Annual Appreciation
3.76%
Original Mortgage
$252,000
Outstanding Balance
$190,478
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$273,259

Purchase Details

Listed on
Nov 16, 2014
Closed on
Nov 28, 2014
Sold by
Frick Robert and Frick Lauren
Bought by
Cartus Financial Corporation
Seller's Agent
Bonnie Paice
Coldwell Banker Realty
Buyer's Agent
Oksana Melnchyn
Cambridge Realty LLC
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$190,478
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$273,259

Purchase Details

Listed on
Aug 28, 2013
Closed on
Oct 17, 2013
Sold by
Porwal Shobhit and Porwal Chhavi
Bought by
Frick Robert and Frick Lauren
Seller's Agent
AJ|Abhijit Leekha
Property Economics Inc.
Buyer's Agent
Joseph DeSalvo
Total Solutions Real Estate LLC
List Price
$318,000
Sold Price
$310,000
Premium/Discount to List
-$8,000
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.32%
Original Mortgage
$248,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2010
Sold by
Kerns Robert D and Kerns Charisse
Bought by
Porwal Shobhit and Porwal Chhavi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,355
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 1999
Sold by
Boundy Timothy J and Boundy Kimberly J
Bought by
Kerns Robert D and Kerns Charisse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.17%

Purchase Details

Closed on
Nov 16, 1994
Sold by
Fields Clifford L and Fields Jamie L
Bought by
Boundy Timothy J and Boundy Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,600
Interest Rate
7%
Source: Public Records

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Range of Values:

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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
Subash Manish Khatri $315,000 Indecomm Global Services
Cartus Financial Corporation $315,000 Indecomm Global Services
Frick Robert $310,000 Fidelity National Title Insu
Porwal Shobhit $302,000 Chicago Title Insurance Co
Kerns Robert D $210,000 Attorneys Title Guaranty Fun
Boundy Timothy J $177,500 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Subash Manish Khatri $252,000
Previous Owner Frick Robert $248,000
Previous Owner Porwal Shobhit $293,355
Previous Owner Kerns Robert D $226,780
Previous Owner Kerns Robert D $236,000
Previous Owner Kerns Robert D $230,000
Previous Owner Kerns Robert D $71,000
Previous Owner Kerns Roberts D $158,000
Previous Owner Kerns Robert D $161,000
Previous Owner Kerns Robert D $40,000
Previous Owner Kerns Robert D $168,000
Previous Owner Boundy Timothy J $168,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2015 01/05/15 Sold $315,000 -3.1% $230 / Sq Ft
12/03/2014 12/03/14 Pending -- -- --
11/15/2014 11/15/14 For Sale $325,000 +4.8% $237 / Sq Ft
10/18/2013 10/18/13 Sold $310,000 -2.5% $141 / Sq Ft
09/07/2013 09/07/13 Pending -- -- --
08/28/2013 08/28/13 For Sale $318,000 -- $145 / 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 $8,333 $117,075 $23,193 $93,882
2023 $7,747 $113,930 $22,570 $91,360
2022 $7,747 $104,341 $22,133 $82,208
2021 $7,476 $101,667 $21,566 $80,101
2020 $7,341 $101,667 $21,566 $80,101
2019 $7,230 $100,780 $21,378 $79,402
2018 $7,473 $104,317 $23,001 $81,316
2017 $7,477 $103,060 $22,724 $80,336
2016 $7,272 $99,796 $22,004 $77,792
2015 $7,164 $95,053 $20,958 $74,095
2014 $7,352 $96,367 $21,393 $74,974
2012 $6,996 $96,570 $21,438 $75,132
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08787274

Midwest Real Estate Data (MRED)

APN: 14-28-107-032