NOT LISTED FOR SALE

170 N Old Rand Rd Lake Zurich, IL 60047

Estimated Value: $469,000 - $687,510

4 Beds
2.5 Baths
2,114 Sq Ft
$279/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $612,000 $289 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,748/month

31 Days on Market

Highlights

  • Water Views
  • Boat Dock
  • Open Floorplan
  • May Whitney Elementary School Rated A
  • Access To Lake
  • 1-minute walk to Breezewald Park

About This Home

As of May 2022

Lake living in an incredibly charming and trendy downtown area is a lifestyle so many of us aspire to experience. From the sidewalks right outside your door leading the way to the downtown shops, restaurants, beach, park, and nightlife to incredible views of Lake Zurich and unmatched evenings of the sun setting across the water. An utterly refined home from top to bottom leaves you with nothing to do but create new experiences and unforgettable memories! A stunning entry unfolds to an open concept with each room capitalizing on the lake views. The spacious family room features a beautiful extension of the room with windows all across the front of the home overlooking the water while complimented by a gorgeous stone fireplace, recessed lighting, and dark stained hardwood floors that lead the way to the dining room. The dining room is generous in size while consumed with an abundance of natural light from a wall of sprawling windows. Just off the dining room is a remarkable new eat-in kitchen with 42" white shaker cabinets, granite countertops, stainless steel appliances including a double oven, gas cooktop, range hood, exposed shelves to showcase your favorite pieces, and an island that opens to a separate breakfast nook with sliding door access to the composite deck and brick patio. The main floor also features tall baseboards, extensive trim work, hardwood floors throughout, and an adorable powder room. The second floor is equally as impressive with 4 generous size bedrooms, 3 out of 4 rooms offering phenomenal views of the water, 2 newly updated baths, and a 2nd-floor laundry room! The master suite is complete with gorgeous views of the water, coffered ceilings, and direct access to the master bathroom. The master bathroom is finished with beautiful tile work, a single vanity, and a multi-head shower. The shared bathroom is also nicely updated with double vanities and jetted tub. The finished bonus room through the 2nd bedroom is a spectacular playroom or separate office space. Full unfinished lower level. 1.5 car attached garage! Private and peaceful fenced yard with deck and new brick patio. Enjoy your summer's boating, waterskiing, tubing, paddle boating, fishing, and ice skating in the winter!

Last Listed By

Rob Morrison

Coldwell Banker Realty License #475132015 Listed on: 02/07/2022

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,705

Year Built

  • Built in 1924

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 67x142x66x134
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot

HOA Fees

  • $21 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,114 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Coffered Ceiling
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Wood Flooring
  • Water Views
  • Carbon Monoxide Detectors

Kitchen

  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Access To Lake
  • Tideland Water Rights
  • Docks
  • Deck
  • Brick Porch or Patio

Location

  • Property is near a park

Schools

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

Utilities

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

Community Details

Overview

  • Community Lake

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,705

Year Built

Built in 1924

Lot Details

0

HOA Fees

$21 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1924
  • Age: 91-100 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Range Hood, Gas Cooktop
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Second Floor Laundry, Walk-In Closet(s), Coffered Ceiling(s), Open Floorplan, Granite Counters
  • LivingArea: 2114
  • Other Equipment: CO Detectors, Sump Pump
  • Room Type: Breakfast Room, Office, Recreation Room, Foyer, Storage
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2114
  • Basement Description: Unfinished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Finished,Full,Interior Stair

Exterior Features

  • ExteriorFeatures: Deck, Porch, Brick Paver Patio
  • Foundation Details: Block
  • List Price: 674000
  • Lot Features: Fenced Yard, Landscaped, Water Rights, Water View, Dock, Lake Access, Views, Sidewalks
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar,Shakes

Garage/Parking

  • Garage Spaces: 1.5
  • Number of Cars: 1.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Type: Eating Area-Table Space,Island,Breakfast Room,Granite Counters,Pantry,Updated Kitchen

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Community Features: Park, Lake, Dock, Water Rights, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

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: 0.21
  • Lot Dimensions: 67X142X66X134
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5704.98
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
May 12, 2022
Sold by
Ralph Miller Mark and Ralph Ann Tasha
Bought by
Banaszak Chirstine R
Seller's Agent
Rob Morrison
Coldwell Banker Realty
Buyer's Agent
Kathryn Keller Mitchell
Baird & Warner
List Price
$699,000
Sold Price
$612,000
Premium/Discount to List
-$87,000
-12.45%
Total Days on Market
31
Current Estimated Value
$590,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,872
Avg. Annual Appreciation
-4.65%
Original Mortgage
$459,000
Outstanding Balance
$441,712
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$89,011

Purchase Details

Closed on
May 3, 2021
Sold by
Padula Robert Joseph and Padula Sophie Winifred
Bought by
Miller Mark Ralph and Baird Miller Tasha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2016
Sold by
Padula Robert Joseph and Padula Sophie Winifred
Bought by
Robert Joseph Padula 2012 Trust

Purchase Details

Closed on
Aug 1, 2012
Sold by
Padula Robert J and Padula Sophie W
Bought by
Padula Robert Joseph and Padula Sophie Winifred

Purchase Details

Closed on
Apr 3, 1998
Sold by
Adams Michael and Griffin Cynthia M
Bought by
Padula Robert J and Padula Sophie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,200
Interest Rate
7.26%

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
Banaszak Chirstine R $612,000 Chicago Title
Miller Mark Ralph $545,000 First American Title
Robert Joseph Padula 2012 Trust -- Attorney
Padula Robert Joseph -- None Available
Padula Robert J $161,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banaszak Chirstine R $459,000
Previous Owner Miller Mark Ralph $517,750
Previous Owner Padula Robert J $262,300
Previous Owner Padula Robert J $123,000
Previous Owner Padula Robert J $85,000
Previous Owner Padula Robert J $126,000
Previous Owner Padula Robert J $129,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $612,000 -12.4% $289 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $699,000 0.0% $331 / Sq Ft
09/30/2021 09/30/21 Rented -- -- --
09/30/2021 09/30/21 For Rent $3,200 -- --
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 $7,142 $118,460 $19,327 $99,133
2022 $7,142 $96,660 $19,902 $76,758
2021 $6,801 $93,026 $19,392 $73,634
2020 $6,678 $93,026 $19,392 $73,634
2019 $5,705 $92,215 $19,223 $72,992
2018 $3,149 $95,390 $19,692 $75,698
2017 $5,886 $94,241 $19,455 $74,786
2016 $5,721 $91,257 $18,839 $72,418
2015 $5,691 $77,285 $17,944 $59,341
2014 $5,334 $72,108 $19,857 $52,251
2012 $5,079 $72,260 $19,899 $52,361
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11319625

Midwest Real Estate Data (MRED)

APN: 14-17-309-007