NOT LISTED FOR SALE

188 Forest Ave Lake Zurich, IL 60047

Estimated Value: $394,000 - $506,000

3 Beds
2 Baths
1,645 Sq Ft
$278/Sq Ft Est. Value

Last Sold December 09, 2020

Last sale price $328,000 $199 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,049/month

15 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Wood Flooring
  • May Whitney Elementary School Rated A
  • Vaulted Ceiling
  • 4-minute walk to Oak Ridge Marsh Nature Park

About This Home

As of December 2020

Welcome home! This incredible property is located on a quiet wooded street and is absolutely adorable! Walking distance to the lake! You will fall in love with this home from the moment you walk up to the relaxing porch, perfect for enjoying your morning coffee. As you enter the home, step into the spacious living room with a vaulted ceiling and a terrific wood burning stove. The space flows perfectly into the dining room and kitchen. There is a large and rare master bedroom and full bath on the first floor. Upstairs you will find two more large bedrooms and another full bathroom. The fully finished, English basement has a spacious family room and playroom that together make for a really great entertaining space! The basement also features a laundry room and plenty of storage. The fantastic backyard has beautiful mature trees, a great deck for BBQing and a shed for additional storage. Just a truly amazing home, both inside and out! Newer windows! Roof replaced in 2005. HVAC replaced 2010. Low taxes! This home is in a perfect location! A beautiful wooded neighborhood that is just a short walk to Breezewald Park beach and the 5-acre public park located there! Close to shops, restaurants, downtown Lake Zurich, the library and top-rated schools! Don't miss this one of a kind opportunity!

Last Agent to Sell the Property

Sherri Esenberg

Berkshire Hathaway HomeServices Starck Real Estate License #475146509 Listed on: 09/24/2020

Berkshire Hathaway HomeServices Starck Real Estate

Co-Listed By

Michael Esenberg

Berkshire Hathaway HomeServices Starck Real Estate License #475158049

Last Buyer's Agent

Leslie McDonnell

RE/MAX Suburban License #475124525

RE/MAX Suburban

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,308

Year Built

  • 1988

Lot Details

  • 0.25

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
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Play Room
  • Finished Basement
  • English Basement

Kitchen

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

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Landscaped Professionally

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,308

Year Built

1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 18X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier
  • Fireplace Details: Wood Burning
  • Attic: Full, Unfinished
  • Fireplace Location: Living Room
  • Basement: English
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X6, On Level: Basement
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Play Room
  • Master Bedroom: Dimensions: 17X14, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Playroom, Dimensions: 28X13, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 16X11, On Level: 2nd Level, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 14X14, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1645
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 24X11, On Level: Basement, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.25

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

Schools

  • School District: 95
  • Elementary School: May Whitney Elementary School
  • Middle School: Lake Zurich Middle - N Campus
  • High School: Lake Zurich High School
  • Junior High Dist: 95
  • Other Public School District: YES

Lot Info

  • Lot Dimensions: 88X99.9X88X99.9
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 14173050240000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Dec 9, 2020
Sold by
Maraccini Margaret E
Bought by
Drews Joseph M and Drews Lauren M
Seller's Agent
Sherri Esenberg
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Leslie McDonnell
RE/MAX Suburban
List Price
$340,000
Sold Price
$328,000
Premium/Discount to List
-$12,000
-3.53%
Current Estimated Value
$458,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,077
Avg. Annual Appreciation
6.83%
Original Mortgage
$262,400
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2013
Sold by
Maraccini Robert J and Cleveland Margaret E
Bought by
Maraccini Robert J and Maraccini Margaret E

Purchase Details

Closed on
Oct 24, 2001
Sold by
Stogis Ben B and Stogis Sheri L
Bought by
Maraccini Robert J and Cleveland Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.69%

Purchase Details

Closed on
May 1, 1999
Sold by
Stevens Michael S
Bought by
Stogis Ben B and Foley Sheri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.94%

Purchase Details

Closed on
Jul 21, 1994
Sold by
Graves Harry R and Graves Geraldine I
Bought by
Stevens Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,700
Interest Rate
8.38%
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
Drews Joseph M $328,000 Attorneys Ttl Guaranty Fund
Maraccini Robert J -- None Available
Maraccini Robert J $275,000 --
Stogis Ben B $224,500 1St American Title
Stevens Michael S $193,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drews Joseph M $262,400
Previous Owner Maraccini Robert J $135,000
Previous Owner Maraccini Robert J $135,000
Previous Owner Stogis Ben B $50,000
Previous Owner Stogis Ben B $145,000
Previous Owner Stevens Michael S $173,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2020 12/09/20 Sold $328,000 -3.5% $199 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $340,000 -- $207 / 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 $7,308 $110,945 $20,482 $90,463
2023 $6,435 $100,902 $18,628 $82,274
2022 $6,435 $87,680 $19,182 $68,498
2021 $6,208 $85,433 $18,690 $66,743
2020 $0 $85,433 $18,690 $66,743
2019 $0 $84,688 $18,527 $66,161
2018 $0 $86,607 $18,981 $67,626
2017 $5,701 $85,563 $18,752 $66,811
2016 $5,571 $82,853 $18,158 $64,695
2015 $5,463 $78,915 $17,295 $61,620
2014 $5,352 $76,775 $19,139 $57,636
2012 $5,482 $76,936 $19,179 $57,757
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10881719

Midwest Real Estate Data (MRED)

APN: 14-17-305-024