NOT LISTED FOR SALE

17 Bailey Ln Lake Zurich, IL 60047

Estimated Value: $382,000 - $411,000

4 Beds
2.5 Baths
2,146 Sq Ft
$183/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $343,000 $160 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,984/month

Highlights

  • Deck
  • Wood Flooring
  • Double Pane Windows
  • Seth Paine Elementary School Rated A
  • 2 Car Attached Garage
  • Resident Manager or Management On Site

About This Home

As of June 2023

Fenway II Model in Meadow Wood Subdivision*This is a 4 Bedroom Townhome... 4th Bedroom is in the Lower Level*Beautiful Aluminum & Wood Staircase with Hardwood Floors on the Main Level with 9' Ceilings*Kitchen with 42" Cabinets, Quartz Counters, Island, Eating Area & All Stainless Appliances*Access to Deck/Balcony from the Kitchen*Main Level Laundry Room*Lower Level features Recreation Room & the 4th Bedroom*3 Nice Sized Bedrooms Upstairs with Master Bedroom including Master Bathroom & Walk-In Closet*2nd & 3rd Bedrooms are Serviced by a Full Hall Bathroom*Spencer Loomis Elementary School, Lake Zurich Middle School North & Lake Zurich High School*Neighborhood has a Walking Path through Acres of Beautiful Wetlands & Woods*Seller will Allow Showings but We Are Not Show Ready*Seller was Planning to have Some Painting Done, Carpet Cleaning Done & a Deep Cleaning Prior to Putting Home Active on the Market*Seller will Give a Credit or Discount if Bought Prior to Those Items Being Done

Last Agent to Sell the Property

Cherie Smith Zurek

RE/MAX Suburban License #471003036 Listed on: 05/11/2023

RE/MAX Suburban

Last Buyer's Agent

Dessi Yordanova

Berkshire Hathaway HomeServices Starck Real Estate License #475164011

Berkshire Hathaway HomeServices Starck Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,343

Year Built

  • Built in 2009

Lot Details

  • 1,307

HOA Fees

  • $368 Monthly HOA Fees

Parking

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

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,146 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Panel Doors
  • Family Room
  • Combination Dining and Living Room
  • Finished Basement
  • English Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Home Security

Schools

  • Spencer Loomis Elementary School
  • Lake Zurich Middle - N Campus
  • Lake Zurich High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Additional Features

  • Deck
  • Lot Dimensions are 61x21

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 3 Units
  • Preston Payne Association, Phone Number (847) 490-3833
  • Meadow Wood Subdivision, Fenwick II Floorplan
  • Property managed by Associa Chicagoland

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,343

Year Built

Built in 2009

Lot Details

0

HOA Fees

$368 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Subdivision Name: Meadow Wood
  • Year Built: 2009
  • Age: 11-15 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
  • Unit Floor Level: 3
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Disposal
  • Basement: English
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors, Second Floor Laundry
  • LivingArea: 2146
  • Other Equipment: Fire Sprinklers, CO Detectors
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 2146
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 2146
  • Total Sq Ft: 2146
  • Main Level Sq Ft: 2146
  • Door Features: Panel Door(s)
  • Window Features: Double Pane Windows
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 339900
  • Lot Features: Common Grounds
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Other

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, Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 368
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagoland
  • Management Contact Name: Preston Payne
  • Management Phone: 847-490-3833
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Elementary School: Spencer Loomis 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 Dimensions: 61X21
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 6343.42
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 12, 2023
Sold by
Malow Neal and Malow Michelle
Bought by
Ostap Volytskyi
Seller's Agent
Cherie Smith Zurek
RE/MAX Suburban
Buyer's Agent
Dessi Yordanova
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$339,900
Sold Price
$343,000
Premium/Discount to List
$3,100
0.91%
Current Estimated Value
$392,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,477
Avg. Annual Appreciation
5.95%
Original Mortgage
$325,850
Outstanding Balance
$318,251
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$74,226

Purchase Details

Listed on
Apr 16, 2019
Closed on
Aug 8, 2019
Sold by
Oliva Caryn L
Bought by
Malow Michelle and Malow Neal
Seller's Agent
Andy Murphy
Century 21 Integra
Buyer's Agent
Cherie Smith Zurek
RE/MAX Suburban
List Price
$275,000
Sold Price
$242,500
Premium/Discount to List
-$32,500
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$181,875
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2013
Sold by
Scharfe Nico and Lavalle Giovanna E
Bought by
Oliva Caryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2009
Sold by
Pulte Home Corporation
Bought by
Scharfe Nico and Lavalle Giovanna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,291
Interest Rate
5.05%
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
Ostap Volytskyi $343,000 American National Title Servic
Malow Michelle $242,500 Attorneys Ttl Guaranty Fund
Oliva Caryn L $235,000 Precision Title Co
Scharfe Nico $270,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ostap Volytskyi $325,850
Previous Owner Malow Michelle $181,875
Previous Owner Oliva Caryn L $188,000
Previous Owner Scharfe Nico $233,291
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2023 06/23/23 Sold $343,000 +0.9% $160 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $339,900 +40.2% $158 / Sq Ft
08/12/2019 08/12/19 Sold $242,500 -4.9% $113 / Sq Ft View Prior Sale
07/11/2019 07/11/19 Pending -- -- --
07/06/2019 07/06/19 Price Changed $255,000 -2.3% $119 / Sq Ft
07/03/2019 07/03/19 Price Changed $261,000 -0.4% $122 / Sq Ft
06/24/2019 06/24/19 Price Changed $262,000 -0.4% $122 / Sq Ft
06/17/2019 06/17/19 Price Changed $263,000 -0.4% $123 / Sq Ft
06/10/2019 06/10/19 Price Changed $264,000 -0.4% $123 / Sq Ft
06/03/2019 06/03/19 Price Changed $265,000 -0.4% $123 / Sq Ft
05/28/2019 05/28/19 Price Changed $266,000 -0.4% $124 / Sq Ft
05/20/2019 05/20/19 Price Changed $267,000 -0.4% $124 / Sq Ft
05/13/2019 05/13/19 Price Changed $268,000 -0.4% $125 / Sq Ft
05/06/2019 05/06/19 Price Changed $269,000 -0.4% $125 / Sq Ft
04/30/2019 04/30/19 Price Changed $270,000 -1.5% $126 / Sq Ft
04/22/2019 04/22/19 Price Changed $274,000 -0.4% $128 / Sq Ft
04/16/2019 04/16/19 For Sale $275,000 -- $128 / 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 $6,502 $93,151 $19,967 $73,184
2023 $6,343 $90,649 $19,431 $71,218
2022 $6,343 $86,520 $19,055 $67,465
2021 $6,119 $84,303 $18,567 $65,736
2020 $6,009 $84,303 $18,567 $65,736
2019 $6,071 $85,583 $18,405 $67,178
2018 $6,008 $85,050 $19,799 $65,251
2017 $5,966 $84,025 $19,560 $64,465
2016 $5,843 $81,365 $18,941 $62,424
2015 $5,751 $77,498 $18,041 $59,457
2014 $5,432 $72,772 $18,495 $54,277
2012 $6,099 $72,925 $18,534 $54,391
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11782160

Midwest Real Estate Data (MRED)

APN: 14-07-402-122