NOT LISTED FOR SALE

16 Bailey Ln Lake Zurich, IL 60047

Estimated Value: $358,000 - $372,000

3 Beds
3 Baths
1,638 Sq Ft
$308/mo HOA Fee

Last Sold January 06, 2017

Last sale price $250,000 $153 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,835/month

67 Days on Market

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • Walk-In Pantry
  • Spencer Loomis Elementary School Rated A
  • Wood Flooring
  • Stainless Steel Appliances

About This Home

As of January 2017

This perfectly appointed townhome is move in ready. Three floors of living space featuring an expansive first floor including: living room, dining room, half bath, open concept kitchen with cherry cabinets, stainless steel appliances, corian counters, center island, pantry and eating area that leads to balcony. True master bedroom with private full bath and walk in closet. Finished English lower level for additional living space and access to 2 car attached garage. Prime location close to lake and Village.

Last Agent to Sell the Property

Diane Marchetti

@properties Christie's International Real Estate License #475127061 Listed on: 09/19/2016

@properties Christie's International Real Estate

Last Buyer's Agent

Edward Byeon

Real People Realty License #475134411

Real People Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,361

Year Built

  • 2007

Lot Details

  • 1,307

HOA Fees

  • $308 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Entrance Foyer
  • Storage
  • Wood Flooring
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Balcony
  • Landscaped Professionally

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,361

Year Built

2007

Lot Details

0

HOA Fees

$308 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: 6-10 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2007
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2007

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 7
  • Living Room: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Fire Sprinklers, CO Detectors, Ceiling Fan
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 16X12, On Level: Main Level, Flooring: Carpet, Windows: None
  • Kitchen Type: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 21X14, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Foyer, Dimensions: 8X5, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1638
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 15X12, On Level: Basement, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, Cable Access

Garage/Parking

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

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 308
  • Management Contact Name: Manager
  • Management Phone: 847-806-6121

Fee Information

  • Management Company: Property Specialists Inc.

Schools

  • School District: 95
  • Elementary School: SPENCER LOOMIS ELEMENTARY SCHOOL
  • Middle School: LAKE ZURICH MIDDLE - N CAMPUS
  • High School: LAKE ZURICH HIGH SCHOOL
  • Junior High Dist: 95

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Landscaped Professionally
  • Parcel Identification Number: 14074021060000

Multi Family

  • Total Number Unitsin Building: 5
  • Number Stories: 2

Tax Info

  • Taxes: 5646.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2016
Closed on
Jan 6, 2017
Sold by
Denton Stephen and Drucker Jorie
Bought by
Park Jonghyun and Park Chul
Seller's Agent
Diane Marchetti
@properties Christie's International Real Estate
Buyer's Agent
Edward Byeon
Real People Realty
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%
Current Estimated Value
$367,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,155
Avg. Annual Appreciation
4.53%
Original Mortgage
$276,000
Outstanding Balance
$228,555
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$138,600

Purchase Details

Listed on
Sep 19, 2016
Closed on
Jan 4, 2017
Sold by
Sapovadia Govind D and Sapovadia Ansuya G
Bought by
Denton Stephen and Denton Jorie
Seller's Agent
Diane Marchetti
@properties Christie's International Real Estate
Buyer's Agent
Edward Byeon
Real People Realty
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Outstanding Balance
$228,555
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$138,600

Purchase Details

Listed on
Nov 27, 2015
Closed on
Jan 6, 2016
Sold by
Hartley Ronald Eugene and Hartley Mary Michelle
Bought by
Denton Stephen and Drucker Jorie
Seller's Agent
Rob Morrison
Coldwell Banker Realty
Buyer's Agent
Diane Marchetti
@properties Christie's International Real Estate
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-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
2.08%
Original Mortgage
$196,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2007
Sold by
Pulte Home Corp
Bought by
Hartley Ronald Eugene and Hartley Mary Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,232
Interest Rate
6.13%
Mortgage Type
FHA
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
Park Jonghyun $250,000 Attorney
Denton Stephen $345,000 Chicago Title Insurance Co
Denton Stephen $245,000 Proper Title Llc
Hartley Ronald Eugene $284,000 Pulte Midwest Title South
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denton Stephen $276,000
Previous Owner Denton Stephen $196,000
Previous Owner Hartley Ronald E $275,024
Previous Owner Hartley Ronald Eugene $274,471
Previous Owner Hartley Ronald Eugene $279,232
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $250,000 -3.8% $153 / Sq Ft
11/25/2016 11/25/16 Pending -- -- --
09/19/2016 09/19/16 For Sale $259,900 +6.1% $159 / Sq Ft
01/14/2016 01/14/16 Sold $245,000 -2.0% $150 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
11/27/2015 11/27/15 For Sale $249,900 -- $153 / 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 $6,361 $91,305 $19,967 $71,338
2023 $6,210 $88,853 $19,431 $69,422
2022 $6,210 $84,824 $19,055 $65,769
2021 $5,990 $82,651 $18,567 $64,084
2020 $5,882 $82,651 $18,567 $64,084
2019 $5,943 $83,895 $18,405 $65,490
2018 $5,940 $83,615 $19,799 $63,816
2017 $5,857 $82,607 $19,560 $63,047
2016 $5,737 $79,992 $18,941 $61,051
2015 $5,646 $76,190 $18,041 $58,149
2014 $5,377 $71,583 $18,495 $53,088
2012 $5,986 $71,734 $18,534 $53,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09345958

Midwest Real Estate Data (MRED)

APN: 14-07-402-106