NOT LISTED FOR SALE

1183 Stratford Ln Lake Zurich, IL 60047

Estimated Value: $621,000 - $654,126

4 Beds
2.5 Baths
2,437 Sq Ft
$263/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $585,000 $240 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,445/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Den
  • May Whitney Elementary School Rated A
  • Vaulted Ceiling
  • Formal Dining Room

About This Home

As of February 2024

This stunning 2-story Summit model is a perfect combination of comfort and elegance. The family room on the first floor is spacious and inviting with a charming fireplace and a vaulted ceiling. It serves as the heart of the home and is perfect for gatherings of any kind. The first-floor office is practical and offers a dedicated space for work or study. Upstairs, the master bedroom is a luxurious retreat with a soaking tub and double sinks in the master bathroom. The kitchen is not only functional but also a hub for socializing, with an eating area that provides easy access to the backyard. For special occasions, the separate dining room adds a touch of formality. Large windows throughout the home flood the interior with natural light, creating a bright and cheerful ambiance. The partially finished basement offers additional space for entertainment or recreation along with extra storage. Convenience is key with the attached two-car garage, and the backyard deck provides a perfect spot for outdoor relaxation. With a large backyard, this home offers ample space for various activities, making it a well-rounded and desirable living space for anyone looking for both comfort and elegance. Additionally, this home features a first floor laundry for added convenience. Solar Panels ( owned), New Flooring Main Level (2023), New Carpet Upstairs (2021) (Furnace (2021), Hot Water Heater (2021) Roof (2014)

Last Agent to Sell the Property

Ronna Streiff

Baird & Warner License #475144930 Listed on: 01/25/2024

Baird & Warner

Last Buyer's Agent

Emily Kaczmarek

Keller Williams Premiere Properties License #475183179

Keller Williams Premiere Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,057

Year Built

  • Built in 1992

Lot Details

  • Lot Dimensions are 80x125
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Colonial Architecture
  • Radon Mitigation System

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Attached Fireplace Door
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Storage Room
  • Home Security System

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Sump Pump
  • Crawl Space

Schools

  • May Whitney 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

  • Chestnut Corners Subdivision, Summit Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,057

Year Built

Built in 1992

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: Chestnut Corners
  • Year Built: 1992
  • Age: 31-40 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Attached Fireplace Doors/Screen, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s)
  • Other Equipment: Water-Softener Owned, Security System, Ceiling Fan(s), Sump Pump, Radon Mitigation System
  • Room Type: Den, Foyer, Recreation Room, Eating Area, Storage
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished,Crawl
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0

Exterior Features

  • List Price: 585000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding,Stone

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • 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: Sidewalks, Street Lights, Street Paved
  • 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 - S Campus
  • Middle/Junior School District: 95

Lot Info

  • Lot Dimensions: 80X125
  • 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: 11057
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Mar 8, 2024
Sold by
Keena James B and Keena Heather K
Bought by
Nair Rajesh Ramachandran and Jayaprakash Jaya Lekshmi
Seller's Agent
Ronna Streiff
Baird & Warner
Buyer's Agent
Emily Kaczmarek
Keller Williams Premiere Properties
List Price
$585,000
Sold Price
$585,000
Views
57
Current Estimated Value
$641,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,032
Avg. Annual Appreciation
4.61%
Original Mortgage
$497,250
Outstanding Balance
$490,961
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$134,706

Purchase Details

Closed on
Aug 30, 2007
Sold by
Rajaretnam Sathia M and Gill Paramjit K
Bought by
Keena James B and Keena Heather K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,400
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Nair Rajesh Ramachandran $585,000 None Listed On Document
Keena James B $470,500 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nair Rajesh Ramachandran $497,250
Previous Owner Keena James B $349,650
Previous Owner Keena James B $321,000
Previous Owner Keena James B $376,400
Previous Owner Rajaretnam Sathia M $348,000
Previous Owner Rajaretnam Sathia M $43,500
Previous Owner Moorthy Rajaretnam Sathia $345,000
Previous Owner Rajaretnam Sathia M $272,000
Previous Owner Rajaretnam Sathia M $40,000
Previous Owner Rajaretnam Sathia M $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $585,000 0.0% $240 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $585,000 -- $240 / 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 $11,438 $179,122 $30,224 $148,898
2023 $11,057 $161,399 $27,233 $134,166
2022 $11,057 $146,347 $27,761 $118,586
2021 $10,675 $142,597 $27,050 $115,547
2020 $10,482 $142,597 $27,050 $115,547
2019 $10,322 $141,353 $26,814 $114,539
2018 $9,556 $153,094 $28,847 $124,247
2017 $11,105 $151,248 $28,499 $122,749
2016 $10,890 $146,459 $27,597 $118,862
2015 $10,739 $139,498 $26,285 $113,213
2014 $10,658 $137,018 $29,079 $107,939
2012 $10,333 $137,306 $29,140 $108,166
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11965768

Midwest Real Estate Data (MRED)

APN: 14-27-109-014