NOT LISTED FOR SALE

2 Summit Terrace Lake Zurich, IL 60047

Estimated Value: $310,000 - $362,000

3 Beds
2 Baths
1,492 Sq Ft
$220/Sq Ft Est. Value

About This Home

This home is located at 2 Summit Terrace, Lake Zurich, IL 60047 and is currently estimated at $328,063, approximately $219 per square foot. 2 Summit Terrace is a home located in Lake County with nearby schools including Seth Paine Elementary School, Lake Zurich Middle School North, and Lake Zurich High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2004
Sold by
Rocha Alvaro Flores
Bought by
Garcia Joel
Current Estimated Value
$328,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2000
Sold by
Rackow Janice B
Bought by
Rocha Alvaro Flores and Garcia Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,389
Interest Rate
8.19%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 1998
Sold by
Kunschke Thomas J and Kunschke Emily B
Bought by
Rackow Janice B

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Garcia Joel -- Greater Illinois Title Compa
Rocha Alvaro Flores $166,500 --
Rackow Janice B $135,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Joel $190,000
Closed Garcia Joel $168,000
Previous Owner Garcia Joel $167,170
Previous Owner Rocha Alvaro Flores $165,389
Source: Public Records

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 $6,979 $96,627 $19,666 $76,961
2023 $6,357 $88,710 $18,055 $70,655
2022 $6,357 $80,698 $13,386 $67,312
2021 $6,145 $78,630 $13,043 $65,587
2020 $6,034 $78,630 $13,043 $65,587
2019 $5,940 $77,944 $12,929 $65,015
2018 $4,669 $61,411 $13,907 $47,504
2017 $4,639 $60,670 $13,739 $46,931
2016 $4,555 $58,749 $13,304 $45,445
2015 $4,019 $55,957 $12,672 $43,285
2014 $3,660 $50,985 $12,760 $38,225
2012 $3,807 $51,092 $12,787 $38,305
Source: Public Records

Map

Illinois Lake County Lake Zurich 60047

2 Summit Terrace, Lake Zurich, IL

Homes for Sale in Lake Zurich, IL

This home is located at 2 Summit Terrace, Lake Zurich, IL 60047 and is currently estimated at $328,063, approximately $219 per square foot. 2 Summit Terrace is a home located in Lake County with nearby schools including Seth Paine Elementary School, Lake Zurich Middle School North, and Lake Zurich High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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