NOT LISTED FOR SALE

116 N Old Rand Rd Lake Zurich, IL 60047

Estimated Value: $730,000 - $830,000

4 Beds
3 Baths
3,302 Sq Ft
$235/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $689,000 $209 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,934/month

4 Days on Market

Highlights

  • Water Views
  • Boat Dock
  • Deck
  • May Whitney Elementary School Rated A
  • Community Lake
  • 1-minute walk to Breezewald Park

About This Home

As of June 2021

LIVE THE LAKE LIFE IN THE HEART OF LAKE ZURICH! WATER VIEWS, LAKE RIGHTS & THE BEST SUNSETS FROM YOUR OWN FRONT PORCH OR YOUR BEDROOMS! 2 homes for one great price...LIVE in both...RENT ONE...HOME BUSINESS...IN-LAW ARRANGEMENT... Both homes are REMODELED AND REHABBED from top to bottom - not a penny spared on these two remodels! Primary home is directly across the street from Lake Zurich and the NEW Breezewald playground and park plus be a part of Oakwood Beach Club with LAKE RIGHTS and a private sandy beach! Top of the line finishes, materials and craftmanship: white trim throughout, hardwood floors, 9' ceilings, 8" baseboards & transom windows above each door for added natural light. Stunning open concept floorplan with original yet refinished dark wood floors lead visitors into the living and dining room with oversized high efficiency windows and incredible views of Lake Zurich. Sunny and bright kitchen with durable white Calacatta quartz counters, 42" white cabinets, stainless steel appliances, large island/breakfast bar with seating for 3-5 and recessed lighting + bay window. 1st floor bedroom with vaulted ceiling and dual storage closets could be utilized as a family room or home office! 1st floor laundry room is just across from 1 of 3 custom designed full baths with all the bells & whistles. 2nd floor ceiling height is 9' with ALL hardwood floors and doors with transom windows. Primary bedroom features a vaulted ceiling plus large enough for a king bed with beautiful views of Lake Zurich. Primary bedroom also includes a private full bath. 2nd & 3rd bedrooms are generous in size with beautiful hardwood floors. Basement with finished recreation area plus wine cellar, storage room & access to large attached bonus room with endless possibilities. Second home is a fantastic 3 bedroom RANCH with partially finished basement. The covered front porch overlooks a perfect sized front yard. Beyond the beveled glass entryway is a spacious living and dining room. Galley styled kitchen includes 42" white cabinetry and stainless steel appliances. Bedrooms have transom windows above each door and offer lots of space to relax. A short stairway leads to an incredible approx 40' x 26' unfinished attic space with endless opportunities. $$ INCOME POTENTIAL $$ on 2nd home as a rental or just a 2nd home for a parent, nanny, family member, home business...OWN A PART OF LAKE ZURICH HISTORY with these two incredible homes! Enjoy 4th of July fireworks, festivals and friendly local restaurants and shops within walking distance of both homes.

Last Listed By

Christine Bianchi

RE/MAX Plaza License #475120157 Listed on: 04/23/2021

RE/MAX Plaza

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,282

Year Built | Renovated

  • 1859 | 2018

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x137x67x142
  • Corner Lot
  • Paved or Partially Paved Lot
  • Additional Parcels

HOA Fees

  • $19 Monthly HOA Fees

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Bonus Room
  • Storage Room
  • Wood Flooring
  • Water Views
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Basement Storage

Parking

  • 7 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Tideland Water Rights
  • Deck
  • Porch

Location

  • Property is near a park

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include lake rights
  • Paul Association, Phone Number (847) 812-0427
  • Oakwood Beach Subdivision
  • Property managed by Oakwood Beach HOA
  • Community Lake

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,282

Year Built | Renovated

1859 | 2018

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Oakwood Beach
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1859
  • Year Renovated: 2018

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Ceilings - 9 Foot
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Eating Area, Storage, Other Room, Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished,Exterior Access,Rec/Family Area,Storage Space
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • List Price: 699000
  • Lot Features: Corner Lot, Water Rights, Water View
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 7
  • Number of Cars: 7
  • Driveway: Concrete
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air, Zoned
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 225
  • Association Fee Frequency: Annually
  • Community Features: Park, Lake, Dock, Water Rights, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Oakwood Beach HOA
  • Management Contact Name: Paul
  • Management Phone: 847-812-0427
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Lake Rights, Other

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

  • Additional Parcels Description: 14173090110000
  • Additional Parcels: Yes
  • Lot Size Acres: 0.2
  • Lot Dimensions: 66X137X67X142
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5282.38
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 3, 2021
Sold by
Dabjab Llc
Bought by
Weininger Alan and Weininger Marci
Seller's Agent
Christine Bianchi
RE/MAX Plaza
Buyer's Agent
Susan Dickman
Berkshire Hathaway HomeServices Chicago
Sold Price
$689,000
Total Days on Market
4
Current Estimated Value
$774,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,788
Avg. Annual Appreciation
3.02%

Purchase Details

Listed on
Nov 28, 2016
Closed on
Dec 20, 2016
Sold by
Carlson Ray and Carlson Cathy
Bought by
Dabjab Llc
Seller's Agent
Cathy Carlson
Gold Lion Realty, Inc.
Buyer's Agent
Reid Anderson
Real Broker, LLC
List Price
$150,000
Sold Price
$135,000
Premium/Discount to List
-$15,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.00%

Purchase Details

Listed on
Jun 17, 2015
Closed on
Aug 3, 2015
Sold by
Adamczyk Rose K and Seaman Helen Marie
Bought by
Carlson Ray and Carlson Cathy
Seller's Agent
George Ristau
Weichert, Realtors - All Pro
Buyer's Agent
Cathy Carlson
Gold Lion Realty, Inc.
List Price
$150,000
Sold Price
$125,000
Premium/Discount to List
-$25,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%

Purchase Details

Closed on
Aug 12, 2005
Sold by
North Star Trust Co
Bought by
Adamczyk Matt and Matt Adamczyk Trust

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
Weininger Alan $689,000 None Available
Dabjab Llc $135,000 Atg
Carlson Ray $125,000 Chicago Title Insurance Co
Adamczyk Matt -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $689,000 -1.4% $209 / Sq Ft
04/28/2021 04/28/21 For Sale -- -- --
04/27/2021 04/27/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $699,000 +417.8% $212 / Sq Ft
12/21/2016 12/21/16 Sold $135,000 -10.0% $41 / Sq Ft
12/07/2016 12/07/16 Pending -- -- --
12/06/2016 12/06/16 For Sale $150,000 0.0% $45 / Sq Ft
12/04/2016 12/04/16 Pending -- -- --
11/28/2016 11/28/16 For Sale $150,000 +20.0% $45 / Sq Ft
08/17/2015 08/17/15 Sold $125,000 -16.7% $76 / Sq Ft
06/23/2015 06/23/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $150,000 -- $92 / 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 $18,941 $264,730 $20,305 $244,425
2023 $18,015 $240,766 $18,467 $222,299
2022 $18,015 $228,671 $57,051 $171,620
2021 $17,413 $222,811 $55,589 $167,222
2020 $5,080 $67,247 $55,589 $11,658
2019 $5,080 $66,660 $55,104 $11,556
2018 $3,311 $43,551 $18,817 $24,734
2017 $3,314 $43,026 $18,590 $24,436
2016 $3,230 $104,092 $18,001 $86,091
2015 $7,975 $99,144 $17,145 $81,999
2014 $7,180 $93,569 $18,973 $74,596
2012 $6,780 $93,766 $19,013 $74,753
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11063291

Midwest Real Estate Data (MRED)

APN: 14-17-309-010