NOT LISTED FOR SALE

2 Craig Terrace Lake Zurich, IL 60047

Estimated Value: $288,185

3 Beds
1 Bath
1,150 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $282,000 $245 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,030/month

4 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Seth Paine Elementary School Rated A

About This Home

As of March 2024

Welcome to this spacious three-bedroom, one-bathroom ranch home nestled on a large corner lot in the serene Lake Zurich Manor. Tucked away in a cul-de-sac, this home offers a peaceful retreat with ample space for comfortable living. Step inside to discover a vast living room/dining room, separate family room, attached two-car garage, and a private, fenced backyard complete with a delightful patio space for outdoor enjoyment. This home boasts numerous recent updates, including a brand-new furnace and water heater installed just days ago. The roof was replaced with a tear-off in 2018, and the AC was upgraded in 2023. Additionally, the appliances are all within the last five years, Anderson windows have been installed, a new garage door and opener have been added, and gutter guards with a lifetime warranty have been installed. The home also features newer steel exterior doors and new interior doors, along with custom kitchen cabinets. Conveniently located within walking distance to Seth Paine Elementary and a park. Excellent schools. Enjoy the ease of access to shopping and restaurants along Route 12, and the convenience of being just minutes away from the Barrington Metra Station. This property offers the perfect combination of space, location, and amenities, making it an ideal place to call home.

Last Listed By

Tom Udvance

Compass License #475163044 Listed on: 02/22/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,183

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 110 x 90

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,150 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Seth Paine Elementary School
  • Lake Zurich Middle - N Campus
  • Lake Zurich High School

Utilities

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

Community Details

  • Lake Zurich Manor Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,183

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Lake Zurich Manor
  • Year Built: 1952
  • Age: 71-80 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

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1150
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 292500
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Seth Paine 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: 110 X 90
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5182.74
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Mar 25, 2024
Sold by
Geraci Francesca
Bought by
Tenuto Andrew V and Tenuto Andrew C
Seller's Agent
Tom Udvance
Compass
Buyer's Agent
Tom Udvance
Compass
List Price
$292,500
Sold Price
$282,000
Premium/Discount to List
-$10,500
-3.59%
Total Days on Market
4
Views
107
Current Estimated Value
$288,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,185
Avg. Annual Appreciation
1.97%

Purchase Details

Closed on
Mar 28, 2019
Sold by
Vincenzo Geraci Trust
Bought by
Geraci Francesca

Purchase Details

Closed on
Nov 6, 2013
Sold by
Geraci Vincenzo and Geraci Nicasia
Bought by
Geraci Vincenzo and Geraci Nicasia

Purchase Details

Closed on
Jun 22, 2006
Sold by
Geraci Frank S
Bought by
Geraci Vincenzo and Geraci Nicasia

Purchase Details

Closed on
Sep 16, 2004
Sold by
Gundlach John D and Gunlach Beth J
Bought by
Geraci Frank S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 20, 1998
Sold by
Gundlach John D
Bought by
Gundlach John D and Gundlach Beth J

Range of Values:

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Average Value
Not Available
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
Tenuto Andrew V $282,000 First American Title
Geraci Francesca $160,000 First American Title
Geraci Vincenzo -- None Available
Geraci Vincenzo -- None Available
Geraci Frank S $200,000 St
Gundlach John D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Geraci Francesco S $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $282,000 -3.6% $245 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $292,500 -- $254 / 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
2023 $5,183 $72,943 $17,749 $55,194
2022 $5,183 $65,787 $13,159 $52,628
2021 $5,010 $64,101 $12,822 $51,279
2020 $4,919 $64,101 $12,822 $51,279
2019 $4,843 $63,542 $12,710 $50,832
2018 $3,945 $51,884 $13,673 $38,211
2017 $3,919 $51,258 $13,508 $37,750
2016 $3,848 $49,635 $13,080 $36,555
2015 $3,803 $47,276 $12,458 $34,818
2014 $3,526 $43,351 $12,544 $30,807
2012 $3,622 $43,442 $12,570 $30,872
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11987256

Midwest Real Estate Data (MRED)

APN: 14-18-211-001