NOT LISTED FOR SALE

123 Forest Ave Lake Zurich, IL 60047

Estimated Value: $358,319 - $385,000

3 Beds
2 Baths
1,944 Sq Ft
$191/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $275,000 $141 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,502/month

6 Days on Market

Highlights

  • Property is near a park
  • Ranch Style House
  • Built-In Double Oven
  • May Whitney Elementary School Rated A
  • Formal Dining Room
  • 3-minute walk to Breezewald Park

About This Home

As of September 2021

ESTATE SALE! NEEDS TLC! EXECELLENT SCHOOLS, 1/2 BLOCK FROM THE LAKE. ALL PERSONAL PROPERTY WILL BE REMOVED PRIOR TO CLOSE. SAME OWNER FOR 52 YEARS. SOLID BUILD ~ BEING SOLD "AS IS"

Last Agent to Sell the Property

TONY BELLINO

RE/MAX of Barrington License #471002939 Listed on: 07/26/2021

Last Buyer's Agent

Tatiana Sharonova

Prestige Realty, Inc License #475143687

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,851

Year Built

  • Built in 1969

Lot Details

  • 6,621 Sq Ft Lot
  • Lot Dimensions are 60 x 110
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,944 Sq Ft Home
  • Skylights
  • Entrance Foyer
  • Formal Dining Room
  • Crawl Space
  • Unfinished Attic
  • Storm Screens

Kitchen

  • Built-In Double Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near a park

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Oakwood Beach Subdivision, Ranch Floorplan

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,851

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Oakwood Beach
  • Year Built: 1969
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • 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: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop, Built-In Oven, Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Skylight(s), 1st Floor Full Bath
  • LivingArea: 1944
  • Room Type: Foyer
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1416
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Bedroom 2 Flooring: Other
  • Dining Room Flooring: Other
  • Kitchen Flooring: Ceramic Tile
  • Kitchen: Eating Area-Table Space
  • Living Room Flooring: Other
  • MRD_MBB: Full
  • Master Bedroom Flooring: Other
  • Master Bedroom Dimensions: 12X16
  • Bedroom 3 Flooring: Other
  • Bedroom 2 Window: None
  • Master Bedroom Windows: None
  • Bedroom 3 Window: None

Exterior Features

  • ExteriorFeatures: Patio, Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 275000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, 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 - N Campus
  • Middle/Junior School District: 95

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.152
  • Lot Dimensions: 60 X 110
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3850.86
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Sep 9, 2021
Sold by
Cheatham Marilyn and Cheatham Mark
Bought by
Gromova Galina
Seller's Agent
TONY BELLINO
RE/MAX of Barrington
Buyer's Agent
Tatiana Sharonova
Prestige Realty, Inc
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$371,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,830
Avg. Annual Appreciation
7.65%
Original Mortgage
$220,000
Interest Rate
2.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Gromova Galina $275,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gromova Galina $220,000
Previous Owner Benson John A $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $275,000 0.0% $141 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $275,000 -- $141 / 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 $5,597 $87,030 $15,382 $71,648
2023 $5,001 $79,153 $13,990 $65,163
2022 $5,001 $69,482 $14,405 $55,077
2021 $5,291 $67,702 $14,036 $53,666
2020 $3,919 $67,702 $14,036 $53,666
2019 $3,841 $67,112 $13,914 $53,198
2018 $4,192 $69,524 $14,255 $55,269
2017 $3,905 $68,686 $14,083 $54,603
2016 $3,960 $66,511 $13,637 $52,874
2015 $4,211 $63,350 $12,989 $50,361
2014 $4,156 $62,071 $14,374 $47,697
2012 $4,045 $62,201 $14,404 $47,797
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11168913

Midwest Real Estate Data (MRED)

APN: 14-17-308-003