NOT LISTED FOR SALE

1415 Coral Reef Way Lake Zurich, IL 60047

Estimated Value: $451,000 - $496,000

4 Beds
2.5 Baths
2,050 Sq Ft
$232/Sq Ft Est. Value

Last Sold September 27, 2022

Last sale price $440,000 $215 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,094/month

1 Day on Market

Highlights

  • 2 Car Attached Garage
  • Living Room
  • Central Air
  • Isaac Fox Elementary School Rated A
  • Laundry Room
  • 5-minute walk to Countryside West Park

About This Home

As of September 2022

Charming split level in a great location with everything updated. Additions include wood floors on the main level with updated kitchen and newer appliances. Amazingly well cared for and updates throughout the home will definitely not disappoint. Pride of ownership shows in every detail. Beautiful laminate floors on the lower level and upper level. Every bathroom beautifully updated. The dining room leads to the recently restrained deck and huge backyard. Driveway resealed in 2020. Can lights on main floor and basement. Possible 4th bedroom/office on the bottom floor. Very clean and move in ready. Come see your new home!! Owner is a licensed real estate broker.

Last Listed By

ayham Chamout

City Way Realty LLC License #475199969 Listed on: 08/19/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,659

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 70 x 125

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Split Level Home
  • Aluminum Siding

Interior Spaces

  • 2,050 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Finished Basement

  • English Basement
  • Finished Basement Bathroom

Schools

  • Isaac Fox Elementary School
  • Lake Zurich Middle - S Campus
  • Lake Zurich High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,659

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: English
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 2050
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1213
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Square Footage Comments: Approx square footage included the lower level
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 399990
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Isaac Fox 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: 70 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 6658.7
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Sep 22, 2022
Sold by
Chamout Ayham and Chamout Heba M
Bought by
Matcin Eugeniu and Matcin Dumitrita
Seller's Agent
ayham Chamout
City Way Realty LLC
Buyer's Agent
Olga Wilson
Coldwell Banker Realty
List Price
$399,990
Sold Price
$440,000
Premium/Discount to List
$40,010
10%
Total Days on Market
1
Current Estimated Value
$474,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,596
Avg. Annual Appreciation
2.94%
Original Mortgage
$352,000
Outstanding Balance
$309,258
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$165,338

Purchase Details

Listed on
Jul 25, 2016
Closed on
Sep 9, 2016
Sold by
Polk Lucy
Bought by
Chamout Ayham
Seller's Agent
Cherie Smith Zurek
RE/MAX Suburban
Buyer's Agent
Zaeir Ghabyen
Direct Realty, LLC
List Price
$259,900
Sold Price
$265,000
Premium/Discount to List
$5,100
1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$135,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2012
Closed on
Aug 21, 2012
Sold by
Reichel Jeffrey S and Reichel Allison J
Bought by
Polk Lucy
Seller's Agent
Jack Lewitz
Exit Strategy Realty
Buyer's Agent
Joyce Gerschefske
RE/MAX Suburban
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%

Purchase Details

Closed on
Oct 5, 2001
Sold by
Blue Valerian and Blue Cindy L
Bought by
Reichel Jeffrey S and Reichel Allison J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.92%

Purchase Details

Closed on
Nov 17, 1995
Sold by
Lewis Allan and Lewis Sandy
Bought by
Blue Valerian L and Volling Cindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,350
Interest Rate
7.56%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
Matcin Eugeniu $440,000 Chicago Title
Chamout Ayham $265,000 Ct
Polk Lucy $205,000 Fidelity National Title
Reichel Jeffrey S $225,000 Greater Illinois Title Compa
Blue Valerian L $168,500 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matcin Eugeniu $352,000
Previous Owner Chamout Ayham $135,000
Previous Owner Reichel Jeffrey S $61,500
Previous Owner Reichel Jeffrey S $244,000
Previous Owner Reichel Jeffrey S $10,000
Previous Owner Reichel Jeffrey S $171,800
Previous Owner Reichel Jeffrey S $60,000
Previous Owner Reichel Jeffrey S $170,000
Previous Owner Blue Valerian L $154,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2022 09/27/22 Sold $440,000 +10.0% $215 / Sq Ft
08/21/2022 08/21/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $399,990 +50.9% $195 / Sq Ft
09/23/2016 09/23/16 Sold $265,000 +2.0% $144 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $259,900 0.0% $142 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
07/25/2016 07/25/16 For Sale $259,900 +26.8% $142 / Sq Ft
08/28/2012 08/28/12 Sold $205,000 0.0% $172 / Sq Ft
06/11/2012 06/11/12 Pending -- -- --
06/04/2012 06/04/12 Off Market $205,000 -- --
05/15/2012 05/15/12 For Sale $215,000 -- $181 / 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
2023 $6,901 $104,091 $22,622 $81,469
2022 $6,901 $93,603 $18,449 $75,154
2021 $6,659 $91,204 $17,976 $73,228
2020 $6,539 $91,204 $17,976 $73,228
2019 $6,439 $90,408 $17,819 $72,589
2018 $5,575 $79,363 $19,169 $60,194
2017 $5,536 $78,406 $18,938 $59,468
2016 $5,421 $75,923 $18,338 $57,585
2015 $5,334 $72,314 $17,466 $54,848
2014 $5,209 $69,529 $19,785 $49,744
2012 $5,675 $69,676 $19,827 $49,849
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11609028

Midwest Real Estate Data (MRED)

APN: 14-28-306-005