$310,000
SOLD OCT 18, 2013

1123 Lexington Ln Lake Zurich, IL 60047

4 Beds
3 Baths
2,200 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$141 Per Sq Ft

3% Below List Price

10 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Walk-In Pantry
  • Isaac Fox Elementary School Rated A
  • Vaulted Ceiling
  • 4-minute walk to Sparrow Ridge Park

About This Home

As of January 2015

AWARD-WINNING DISTRICT 95 SCHOOLS, COVETED SPARROW RIDGE NEIGHBORHOOD. AMAZING OPPORTUNITY TO OWN AN UPGRADED RAISED RANCH WITH A FULL WALKOUT FINISHED BASEMENT. BEAUTIFUL SKY LIGHTS IN LIVING RM. 4TH BR & FAMILY RM IN BASEMENT. HOME HAS FULLY REMODELED KITCHEN WITH TALL 42" HAND GLAZED MAPLE CABINETS, GRANITE COUNTERS & BACK SPLASH. NEWER STAINLESS STEEL APPLIANCES. NEWER ROOF, SIDING, FURNACE. A/C 2012. WELCOME!!!

Last Agent to Sell the Property

AJ|Abhijit Leekha

Property Economics Inc. License #471009447 Listed on: 08/28/2013

Last Buyer's Agent

Joseph DeSalvo

Total Solutions Real Estate LLC License #471004484

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,333

Year Built

  • 1988

Lot Details

  • East or West Exposure
  • Landscaped Professionally

Parking

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

Home Design

  • Step Ranch
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Dining Area

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Balcony
  • Deck

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,333

Year Built

1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Recent Rehab: Yes
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Step Ranch
  • Type Detached: Raised Ranch
  • Estimated Year Built: 1988
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s)
  • Number Of Rooms: 9
  • Living Room: Dimensions: 20X14, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Equipment: Water-Softener Owned, TV-Cable, TV-Dish, CO Detectors, Ceiling Fan, Sprinkler-Lawn
  • Fireplace Details: Wood Burning, Gas Logs
  • Attic: Pull Down Stair, Unfinished
  • Fireplace Location: Basement
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X9, On Level: Walkout Basement, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 15X9, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Galley, Pantry-Butler, Pantry-Closet
  • Additional Rooms: Eating Area
  • Master Bedroom: Dimensions: 16X14, On Level: Main Level, Flooring: Wood Laminate
  • Additional Room 1 Name: Eating Area, Dimensions: 8X10, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 19X12, On Level: Walkout Basement, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 2200
  • Dining Room Type: Separate
  • Family Room: Dimensions: 22X14, On Level: Walkout Basement, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, Deck
  • Exposure: W (West)
  • Acreage: 0.14

Garage/Parking

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

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

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

Lot Info

  • Lot Dimensions: 60 X 100
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 14281070320000

Tax Info

  • Taxes: 6604

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
$476,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,670
Avg. Annual Appreciation
3.72%
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

Similar Homes in Lake Zurich, IL

  • 5 Pamela Rd, Lake Zurich, IL 60047

    $339,000

    • 3 Beds
    • 1.5 Baths
    • 5 Pamela Rd
    • Lake Zurich, IL

    DON'T MISS THIS BEAUTIFUL MOVE IN READY HOME!! 3 BEDROOMS 1.5 BATH RANCH HOUSE. GREAT LOCATION. NEWER ROOF, SIDING, WINDOWS, 5 CAR DRIVEWAY. ENERGY SAVING HVAC AND INSTANT GAS TANKLESS WATER HEATER, NEWER 'ELECTROLUX' WASHER AND DRYER. NEW SUMP PUMP. GREAT KITCHEN WITH BREAKFAST BAR, 42" CABINETS WITH UNDER CABINET LIGHTING, QUARTZ COUUNTERTOPS, STAINLESS STEEL APPLIANCES. A NEWER REFRIGERATOR.

    Leslie Radzin Coldwell Banker Realty

    Section Image
  • 9 Craig Terrace, Lake Zurich, IL 60047

    $329,900

    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • 9 Craig Terrace
    • Lake Zurich, IL

    Welcome to 9 Craig Terrace, a charming ranch-style home located in the peaceful Lake Zurich Manor neighborhood. Set on an impressive 17,523 sq. ft. oversized lot, this well-maintained property offers outdoor space rarely found in the area. Whether you're envisioning a lush garden, a spacious area for entertaining, or potential future expansion, the expansive yard provides endless possibilities to

    Tracey Larsen Coldwell Banker Realty

    Section Image
  • 23460 W North Lakewood Ln, Lake Zurich, IL 60047

    $365,000

    • 2 Beds
    • 2.5 Baths
    • 1,372 Sq Ft
    • 23460 W North Lakewood Ln
    • Lake Zurich, IL

    LAKEFRONT PROPERTY IN ECHO LAKE! Calling all Investors, Rehabbers & Project Lovers: BRING ALL OFFERS! Homes with views like this SELDOM come on the market. This one-of-a-kind 3-story home is a hidden gem for those seeking peace, privacy, and a connection to nature. Tucked across from picturesque Echo Lake, this rustic haven is surrounded by mature trees and lush perennial gardens on a serene, .5

    Lori Rowe Coldwell Banker Realty

    Section Image
  • 23761 N Cottage Rd, Lake Zurich, IL 60047

    $349,000

    • 4 Beds
    • 2 Baths
    • 1,619 Sq Ft
    • 23761 N Cottage Rd
    • Lake Zurich, IL

    Great opportunity in Lake Zurich! This uniquely configurated home features a versatile layout-perfect for investors, extended families, or those seeking rental income. The main level offers ample living space, a full bath, and 2 bedrooms. The upper level has a separate entrance, its own kitchen, 2 bedrooms, and 1 bath, ideal for added privacy or dual living. The basement includes a washer/dryer,

    Jamie Lemmons-Svoboda Keller Williams Preferred Rlty

    Section Image
  • 24 Johnathan Rd, Lake Zurich, IL 60047

    $285,000

    • 2 Beds
    • 1 Bath
    • 840 Sq Ft
    • 24 Johnathan Rd
    • Lake Zurich, IL

    Looking for your first place (or a fresh start)? This adorable ranch is the perfect spot at a perfect price. Freshly painted, larger-than-expected bedrooms, a new bathroom, and newer appliances make it move-in ready, while the roof, siding, and several windows were updated in 2017 for peace of mind. The oversized two-car garage and fenced backyard add practicality and a bit of fun-perfect for

    Tami Hamilton @properties Christie's International Real Estate

    Section Image
  • 23951 N Lakeside Dr, Lake Zurich, IL 60047

    $349,900

    • 4 Beds
    • 2 Baths
    • 1,506 Sq Ft
    • 23951 N Lakeside Dr
    • Lake Zurich, IL

    Nestled in the highly desirable Forest Lake Subdivision, a stunning 4-bedroom, 2-bathroom home located in the serene and desirable community of Forest Lake. Part of the home has lake view, imagine sitting and relaxing in the deck watching the lake. Home was recently renovated and has new hardwood floors, updated kitchen with new stainless steel appliances, updated bathrooms, updated lighting.

    Frieda Lila Frieda Lila

    Section Image
  • 24311 N Bonnie Ln, Lake Zurich, IL 60047

    $339,900

    • 4 Beds
    • 3 Baths
    • 2,091 Sq Ft
    • 24311 N Bonnie Ln
    • Lake Zurich, IL

    Forest Lake home with character on mature corner lot just steps from Erker park and beach. Home offers 3 levels of living space with 4 bedrooms, tandem office off master bedroom and enclosed heated front room that welcomes you home. Huge yard offers great lake views, 2 storage sheds and beautiful garden areas you'll love. This corner lot has so much to offer! Flagstone patio with firepit offers

    Kim Czaplicki RE/MAX Plaza

    Section Image

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 Type Sale Price Title Company
Warranty Deed $315,000 Indecomm Global Services
Warranty Deed $315,000 Indecomm Global Services
Warranty Deed $310,000 Fidelity National Title Insu
Warranty Deed $302,000 Chicago Title Insurance Co
Warranty Deed $210,000 Attorneys Title Guaranty Fun
Warranty Deed $177,500 1St American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $252,000 Adjustable Rate Mortgage/ARM
Previous Owner $248,000 New Conventional
Previous Owner $293,355 FHA
Previous Owner $226,780 New Conventional
Previous Owner $236,000 Unknown
Previous Owner $230,000 Unknown
Previous Owner $71,000 Credit Line Revolving
Previous Owner $158,000 Unknown
Previous Owner $161,000 Unknown
Previous Owner $40,000 Credit Line Revolving
Previous Owner $168,000 No Value Available
Previous Owner $168,600 No Value Available
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08432079

Midwest Real Estate Data (MRED)

APN: 14-28-107-032