$590,000
SOLD JUN 26, 2025

116 Lorraine Dr Lake Zurich, IL 60047

5 Beds
3 Baths
3,300 Sq Ft
0.63 Acres

Recently Sold

$179 Per Sq Ft

3% Above List Price

Highlights

  • Colonial Architecture
  • Landscaped Professionally
  • Recreation Room
  • Seth Paine Elementary School Rated A
  • Property is near a park
  • Wooded Lot

About This Home

As of June 2025

This home is located at 116 Lorraine Dr, Lake Zurich, IL 60047 and is currently priced at $590,000, approximately $178 per square foot. This property was built in 1980. 116 Lorraine Dr is a home located in Lake County with nearby schools including Seth Paine Elementary School, Lake Zurich Middle School North, and Lake Zurich High School.

Last Agent to Sell the Property

Stephanie Englund Siegel

Compass License #475129021 Listed on: 04/09/2025

Compass

Last Buyer's Agent

Elaine Specha

Berkshire Hathaway HomeServices American Heritage License #471001283

Berkshire Hathaway HomeServices American Heritage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,378

Year Built

  • Built in 1980

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 70x169x224x302
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Wooded Lot

Parking

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

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Sun or Florida Room
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio
  • Shed

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
  • 200+ Amp Service
  • Water Softener is Owned
  • Cable TV Available

Additional Features

  • Air Purifier
  • Property is near a park

Community Details

  • Lake Zurich Estates Subdivision, Custom Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,378

Year Built

Built in 1980

Lot Details

0

Parking

2

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
  • Subdivision Name: Lake Zurich Estates
  • Year Built: 1980
  • Age: 41-50 Years
  • 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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Finished Sq Ft: 850
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Flooring: Hardwood, Laminate
  • Interior Amenities: 1st Floor Bedroom, In-Law Floorplan, 1st Floor Full Bath
  • LivingArea: 3300
  • Other Equipment: Water-Softener Owned, TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump, Air Purifier, Backup Sump Pump;
  • Room Type: Bedroom 5, Eating Area, Office, Pantry, Recreation Room, Sitting Room, Sun Room
  • Estimated Total Finished Sq Ft: 4150
  • Assessed Sq Ft: 2418
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3300
  • Basement Sq Ft: 1350
  • Fireplace Location: Family Room
  • Unfinished Basement Sq Ft: 500
  • Upper Level Sq Ft: 1500
  • Attic: Unfinished
  • Main Level Sq Ft: 1800
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Vinyl Siding, Stone
  • Foundation Details: Concrete Perimeter
  • List Price: 575000
  • Lot Features: Landscaped, Wooded
  • OtherStructures: Shed(s)
  • Patio And Porch Features: Patio, Screened
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Circular Driveway, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

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 Size Acres: 0.6253
  • Lot Dimensions: 70X169X224X302
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 14378
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2025
Closed on
Jun 14, 2025
Sold by
Barinholtz Abraham and Barinholtz Emily
Bought by
Riesenbeck Robert T and Riesenbeck Abigail R
Seller's Agent
Stephanie Englund Siegel
Compass
Buyer's Agent
Elaine Specha
Berkshire Hathaway HomeServices American Heritage
List Price
$575,000
Sold Price
$590,000
Premium/Discount to List
$15,000
2.61%
Views
1
Current Estimated Value
$590,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596
Avg. Annual Appreciation
0.36%
Original Mortgage
$472,000
Interest Rate
7.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2017
Sold by
National Residential Nominee Services In
Bought by
Barinholtz Abraham and Barinholtz Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2017
Sold by
Krasavage Brian D and Krasavage Ellen M
Bought by
National Residential Nominee Services In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2005
Sold by
Vanacora Charley Ronald J and Vanacora Charley Gayle
Bought by
Krasavage Brian D and Krasavage Ellen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2000
Sold by
Harris Bank Barrington
Bought by
Charley Gayle Vanacora and Charley Ronald J
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $590,000 Proper Title
Special Warranty Deed $310,000 Fidelity National Title
Warranty Deed $411,500 Fidelity National Title
Warranty Deed $445,000 Chicago Title Insurance Comp
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $472,000 New Conventional
Previous Owner $375,000 New Conventional
Previous Owner $356,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2025 06/26/25 Sold $590,000 +2.6% $179 / Sq Ft
04/11/2025 04/11/25 For Sale $575,000 -- $174 / 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 $14,378 $207,796 $28,063 $179,733
2023 $11,217 $190,769 $25,763 $165,006
2022 $11,217 $148,383 $19,221 $129,162
2021 $10,830 $144,580 $18,728 $125,852
2020 $10,635 $144,580 $18,728 $125,852
2019 $10,472 $143,319 $18,565 $124,754
2018 $9,877 $135,944 $19,951 $115,993
2017 $9,810 $134,306 $19,711 $114,595
2016 $9,618 $130,053 $19,087 $110,966
2015 $9,482 $123,872 $18,180 $105,692
2014 $8,961 $116,150 $15,130 $101,020
2012 $8,525 $116,395 $15,162 $101,233
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12306375

Midwest Real Estate Data (MRED)

APN: 14-18-212-034