NOT LISTED FOR SALE

1704 Coral Reef Way Lake Zurich, IL 60047

Estimated Value: $445,253 - $578,000

3 Beds
2 Baths
1,928 Sq Ft
$257/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $301,500 $156 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,205/month

2 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Lower Floor Utility Room
  • Isaac Fox Elementary School Rated A
  • Home Office
  • 2-minute walk to Countryside West Park

About This Home

As of July 2020

This picture perfect 3 bedroom/2 bath home is located on the corner of a beautiful tree lined street - Living room has enormous picture window, wood-burning fireplace and vaulted ceiling - separate formal dining room - Kitchen has plenty of counter space, ample storage and breakfast nook with walk-out to patio - All 3 bedrooms up - Bright family room in basement with bathroom, laundry area, mechanical room and additional room,;possible office space - Enormous fenced in yard with shed - Great neighborhood, schools and parks!

Last Agent to Sell the Property

Pam Saul

Realty ONE Group Karmma License #471022176 Listed on: 06/11/2020

Last Buyer's Agent

Cindy Gilliland

RE/MAX Advisors License #471009621

RE/MAX Advisors

Home Details

Home Type

  • Single Family

Year Built

  • 1981

Lot Details

  • 8,712

Parking

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

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Rolled Roof
  • Aluminum Siding

Interior Spaces

  • Vaulted Ceiling
  • Breakfast Room
  • Home Office
  • Lower Floor Utility Room
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $753,550 Seller Concession

Home Details

Home Type

Single Family

Year Built

1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Bi-Level
  • Type Detached: 3 Stories
  • Estimated Year Built: 1981
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1981

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, Wood Laminate Floors
  • Number Of Rooms: 9
  • Living Room: Dimensions: 13X24, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 9X20, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 8X11, On Level: Main Level, Flooring: Other
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Office, Utility Room-Lower Level, Breakfast Room
  • Master Bedroom: Dimensions: 12X16, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Office, Dimensions: 8X11, On Level: Basement
  • Additional Room 2 Name: Utility Room-Lower Level, Dimensions: 13X17, On Level: Basement
  • Bedroom 2: Dimensions: 10X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Breakfast Rm, Dimensions: 8X9, On Level: Main Level
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level
  • Estimated Sq Ft: 1928
  • Dining Room Type: Separate
  • Family Room: Dimensions: 13X17, On Level: Basement, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Asphalt/Glass (Rolled)
  • Exterior Property Features: Storms/Screens
  • Acreage: 0.2

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

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 1312

Schools

  • School District: 95
  • Elementary School: Isaac Fox Elementary School
  • Middle School: Lake Zurich Middle - S Campus
  • High School: Lake Zurich High School
  • Junior High Dist: 95

Lot Info

  • Lot Dimensions: 8699
  • Parcel Identification Number: 14283140010000

Tax Info

  • Taxes: 5836.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Jul 21, 2020
Sold by
Langenbeck Friedrich J and Langenbeck Stephanie A
Bought by
Sucec Paul and Sucec Karol
Seller's Agent
Pam Saul
Realty ONE Group Karmma
Buyer's Agent
Cindy Gilliland
RE/MAX Advisors
List Price
$289,900
Sold Price
$301,500
Premium/Discount to List
$11,600
4%
Current Estimated Value
$495,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,063
Avg. Annual Appreciation
10.03%
Original Mortgage
$301,500
Outstanding Balance
$265,575
Interest Rate
2.75%
Mortgage Type
VA
Estimated Equity
$229,988

Purchase Details

Closed on
Jul 18, 2011
Sold by
Kropf John W and Hoffenberg Denise J
Bought by
Langenbeck Friedrich J and Langenbeck Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,930
Interest Rate
4.5%
Mortgage Type
FHA
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
Sucec Paul $301,500 Alliance Title Corporation
Langenbeck Friedrich J $200,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sucec Paul $301,500
Previous Owner Langenbeck Friedrich J $194,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2020 07/23/20 Sold $301,500 +4.0% $156 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $289,900 -- $150 / 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 -- $115,237 $23,244 $91,993
2023 $6,933 $109,943 $22,176 $87,767
2022 $6,933 $99,009 $18,085 $80,924
2021 $6,680 $96,472 $17,622 $78,850
2020 $6,782 $96,472 $17,622 $78,850
2019 $6,819 $95,630 $17,468 $78,162
2018 $5,796 $82,490 $18,790 $63,700
2017 $5,755 $81,496 $18,564 $62,932
2016 $5,636 $78,915 $17,976 $60,939
2015 $5,575 $75,301 $17,121 $58,180
2014 $4,762 $64,528 $18,947 $45,581
2012 $4,536 $64,664 $18,987 $45,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10743267

Midwest Real Estate Data (MRED)

APN: 14-28-314-001