NOT LISTED FOR SALE

1525 Coral Reef Way Lake Zurich, IL 60047

Estimated Value: $515,000 - $545,272

4 Beds
3.5 Baths
2,432 Sq Ft
$216/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $485,000 $199 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,712/month

22 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Wood Flooring
  • Isaac Fox Elementary School Rated A
  • Property is near a park
  • 4-minute walk to Countryside West Park

About This Home

As of August 2024

This house awaits the buyer who wants it all! The ceramic tiled foyer leads into your expanded dream home. Open floor plan with stunning new white kitchen with quartz counters and tons of cabinets. Breakfast room with sliders out to balcony to enjoy your morning coffee. Living room with gleaming hardwood floors. Hallway leads to 2 additional bedrooms and den/office. One of these bedrooms is a princess suite with full bathroom. Hall bathroom has new white vanity. The primary bedroom suite includes walk-in closet, large shower and balcony for gazing at the stars in the evening. A 4th bedroom, next to the primary suite will sure please any guest or family member. Lower level includes family room with fireplace and windows overlooking the lush landscaping. The guest powder room includes a new white vanity. Laundry room with so much storage. But wait, another huge room can be a guest bedroom, office, music room or arts & craft room. The backyard is a gardener's delight. A gazebo to enjoy meals with no bugs off the deck. There is no other home like this! This home is ready for you, Welcome Home!

Last Agent to Sell the Property

Andee Hausman

Compass License #471000853 Listed on: 06/10/2024

Compass

Last Buyer's Agent

Undram Tsogbat

Baird & Warner License #475204154

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,930

Year Built

  • Built in 1976 | Remodeled in 2024

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 125x72.5
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Split Level Home
  • Vinyl Siding

Interior Spaces

  • 2,432 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Gazebo

Location

  • Property is near a park

Schools

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

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,930

Year Built

Built in 1976 | Remodeled in 2024

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1976
  • 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): Yes
  • Rehab Year: 2024
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2024

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Walk-In Closet(s)
  • LivingArea: 2432
  • Room Type: Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 499000
  • Lot Features: Landscaped
  • OtherStructures: Gazebo
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 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: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • 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: 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

  • Additional Parcels: No
  • Lot Size Acres: 0.21
  • Lot Dimensions: 125X72.5
  • Rural (Y/N): N
  • 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: 7929.82
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Jul 29, 2024
Sold by
Aimone Martin J and Aimone Lyn A
Bought by
Mungunshagai Davkharbayar and Sandagjov Dashzeveg
Seller's Agent
Andee Hausman
Compass
Buyer's Agent
Undram Tsogbat
Baird & Warner
List Price
$525,000
Sold Price
$485,000
Premium/Discount to List
-$40,000
-7.62%
Views
49
Current Estimated Value
$525,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,318
Avg. Annual Appreciation
7.98%
Original Mortgage
$460,750
Outstanding Balance
$456,609
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$68,709

Purchase Details

Closed on
Dec 14, 2018
Sold by
Chicago Title Land Trust Co
Bought by
Aimone Martin and Aimone Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,706
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 10, 1999
Sold by
Harris Bank Barrington
Bought by
Aimone Martin J and Aimone Lyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.92%

Purchase Details

Closed on
Aug 10, 1998
Sold by
Aimone Martin J and Aimone Lyn A
Bought by
Harris Bank Barrington and Trust #115479
Source: Public Records

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
Mungunshagai Davkharbayar $485,000 None Listed On Document
Aimone Martin -- None Available
Aimone Martin J -- Lawyers Title Pick Up
Harris Bank Barrington -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mungunshagai Davkharbayar $460,750
Previous Owner Aimone Lyn A $302,706
Previous Owner Aimone Lyn A $290,000
Previous Owner Aimone Martin J $252,000
Previous Owner Aimone Martin J $36,000
Previous Owner Aimone Martin J $138,729
Previous Owner Aimone Martin J $98,100
Previous Owner Aimone Martin J $70,000
Previous Owner Aimone Martin J $174,000
Previous Owner Aimone Martin J $50,000
Previous Owner Aimone Martin J $182,000
Previous Owner Aimone Martin J $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $485,000 -2.8% $199 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/28/2024 06/28/24 Price Changed $499,000 -2.2% $205 / Sq Ft
06/26/2024 06/26/24 Price Changed $510,000 -2.9% $210 / Sq Ft
06/18/2024 06/18/24 For Sale $525,000 0.0% $216 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $525,000 -- $216 / 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 $10,195 $152,602 $24,379 $128,223
2023 $9,518 $145,591 $23,259 $122,332
2022 $9,518 $131,822 $18,968 $112,854
2021 $9,178 $128,444 $18,482 $109,962
2020 $7,518 $128,444 $18,482 $109,962
2019 $9,253 $127,324 $18,321 $109,003
2018 $7,826 $108,967 $19,709 $89,258
2017 $7,772 $107,653 $19,471 $88,182
2016 $7,617 $104,244 $18,854 $85,390
2015 $7,504 $99,290 $17,958 $81,332
2014 $7,172 $94,158 $20,342 $73,816
2012 $7,862 $94,356 $20,385 $73,971
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12074441

Midwest Real Estate Data (MRED)

APN: 14-28-307-004