NOT LISTED FOR SALE

Estimated Value: $501,000 - $567,663

4 Beds
3.5 Baths
3,000 Sq Ft
$182/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $493,000 $164 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,612/month

4 Days on Market

Highlights

  • Boat Slip
  • Sauna
  • Clubhouse
  • Spencer Loomis Elementary School Rated A
  • Community Lake
  • 5-minute walk to Steinken Park

About This Home

As of May 2024

Exquisite 4-Bedroom Home with Luxurious Features Welcome to your dream home, located in a popular Forest Lake. This stunning 4-bedroom, 3.1-bathroom residence is a masterpiece of design and craftsmanship. Nestled on a serene lot surrounded by natural trees, this home offers a private oasis with modern amenities and elegant finishes. As you enter, you are greeted by a spacious living area with a cozy fireplace, perfect for relaxing or entertaining guests, Vaulted Ceilings. The gourmet kitchen features stainless steel appliances, granite countertops, and ample storage space. The highlight of this home is the luxurious master suite, complete with a spa-like bathroom, sauna and a sauna. Three additional bedrooms offer plenty of space for family or guests. Step outside to enjoy the beautifully landscaped backyard, featuring a fenced kids' playground, and a spacious deck with an outdoor fireplace, ideal for alfresco dining. This home also boasts practical updates, including a 2.5-car garage, a new sump pump (2023), a new water tank with a new water pump (November 2023), and a new AC with a new furnace (2021). The garage was painted in 2022, and the pipes below the kitchen sink were changed in 2023. Located in the sought-after school district 95 and close to shopping and highway 53, this home offers the perfect blend of luxury and convenience. Don't miss your chance to own this exceptional property!

Last Agent to Sell the Property

Malana Bash

Global Bash License #471019781 Listed on: 03/01/2024

Last Buyer's Agent

Jennifer Stokes Habetler

Redfin Corporation License #475159373

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,235

Year Built

  • Built in 1963 | Remodeled in 2010

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 80x210
  • Paved or Partially Paved Lot
  • Wooded Lot

Parking

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

Home Design

  • Quad-Level Property
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,000 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Sauna
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Tideland Water Rights
  • Boat Slip
  • Stream or River on Lot
  • Deck
  • Shed
  • Outdoor Grill

Location

  • Property is near a park

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • SpacePak Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Well

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include clubhouse, lake rights
  • Forest Lake Subdivision
  • Community Lake

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,235

Year Built

Built in 1963 | Remodeled in 2010

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Multi-Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Quad Level
  • New Construction: No
  • Property Sub-Type: Multi-Level
  • Subdivision Name: Forest Lake
  • Year Built: 1963
  • Age: 61-70 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): Yes
  • Rehab Year: 2010
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Sauna/Steam Room, Hardwood Floors, In-Law Arrangement, Walk-In Closet(s)
  • LivingArea: 3000
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Other Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Pull Down Stair

Exterior Features

  • ExteriorFeatures: Deck, Boat Slip, Outdoor Grill
  • Foundation Details: Concrete Perimeter
  • List Price: 489000
  • Lot Features: Stream(s), Wooded
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Space Pac, Zoned
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air, Baseboard, Sep Heating Systems - 2+, Zoned
  • Laundry Features: In Unit
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Voluntary
  • Community Features: Clubhouse, Park, Lake, Water Rights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: Clubhouse, Lake Rights

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: 0.3888
  • Lot Dimensions: 80X210
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8234.9
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2024
Sold by
Scudder Linda
Bought by
James A Scudder And Linda S Scudder Revocable and Scudder
Current Estimated Value
$545,416

Purchase Details

Listed on
Mar 1, 2024
Closed on
May 2, 2024
Sold by
Ivanova Malina
Bought by
Scudder Linda
Seller's Agent
Malana Bash
Global Bash
Buyer's Agent
Jennifer Stokes Habetler
Redfin Corporation
List Price
$489,000
Sold Price
$493,000
Premium/Discount to List
$4,000
0.82%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$468,350
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2023
Sold by
Ivanova Malina
Bought by
Ivanova Malina

Purchase Details

Closed on
Aug 18, 2022
Sold by
Kalin Ivanov
Bought by
Ivanova Malina and Ivanov Kalin

Purchase Details

Listed on
Feb 12, 2021
Closed on
Mar 18, 2021
Sold by
Howell Jeffrey B and Howell Lynda M
Bought by
Ivanov Kalin
Seller's Agent
Cherie Smith Zurek
RE/MAX Suburban
Buyer's Agent
Malana Bash
Global Bash
List Price
$379,900
Sold Price
$372,500
Premium/Discount to List
-$7,400
-1.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$353,875
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2003
Sold by
Scudder James A and Scudder Karen S
Bought by
Howell Jeffrey B and Howell Lynda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.13%

Purchase Details

Closed on
Jun 8, 1999
Sold by
Scudder James and Scudder Lindaa S
Bought by
Scudder James A and Scudder Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
7.28%
Source: Public Records

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
James A Scudder And Linda S Scudder Revocable -- None Listed On Document
Scudder Linda $493,000 First American Title
Ivanova Malina -- None Listed On Document
Ivanova Malina -- None Listed On Document
Ivanov Kalin $372,500 Fidelity National Title
Howell Jeffrey B $335,000 Golden Title
Scudder James A $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scudder Linda $468,350
Previous Owner Ivanov Kalin $353,875
Previous Owner Howell Jeffrey B $215,000
Previous Owner Scudder James A $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Sold $493,000 +0.8% $164 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $489,000 +31.3% $163 / Sq Ft
03/26/2021 03/26/21 Sold $372,500 -1.9% $124 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $379,900 -- $127 / 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 $8,639 $139,890 $36,673 $103,217
2023 $8,235 $126,049 $33,044 $93,005
2022 $8,235 $117,975 $32,404 $85,571
2021 $7,968 $114,952 $31,574 $83,378
2020 $7,816 $114,952 $31,574 $83,378
2019 $7,702 $113,950 $31,299 $82,651
2018 $6,463 $98,040 $33,674 $64,366
2017 $6,409 $96,858 $33,268 $63,590
2016 $6,375 $93,791 $32,215 $61,576
2015 $6,213 $89,333 $30,684 $58,649
2014 $6,221 $86,826 $28,632 $58,194
2012 $6,719 $87,008 $28,692 $58,316
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11993744

Midwest Real Estate Data (MRED)

APN: 14-15-102-003