NOT LISTED FOR SALE

21877 N Rainbow Rd Deer Park, IL 60010

Estimated Value: $735,000 - $942,000

4 Beds
2.5 Baths
3,092 Sq Ft
$277/Sq Ft Est. Value

Last Sold April 21, 2022

Last sale price $750,000 $243 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,596/month

8 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Deck
  • Isaac Fox Elementary School Rated A
  • Mature Trees
  • Dining Room with Fireplace

About This Home

As of April 2022

** Multiple offers received. Highest & Best offers due by Friday, March 4th at 5pm Central ** This fabulous 1973 contemporary / modern home by architect J. Michael DeLapp has been completely and beautifully remodeled by its current owners in a style that perfectly suits the home. Set on a shy acre with beautiful, year-round pond views, you'll enter in through a see-through foyer to find a wonderful, open plan with fantastic flow and tons of natural light. The spacious kitchen has a huge waterfall-style island, and will delight with its double ovens, high-end refrigerator and six-burner cooktop. The kitchen is open to the family room that features beamed ceilings, a brick wood-burning fireplace and many built-ins. At the far end of the family room you'll find the screened porch with pond views and sliders into the dining room as well. The dining room shares its 2-sided fireplace with the large living room around the corner, and both spaces enjoy an abundance of natural light and volume wood-clad, beamed ceilings along the outside walls thanks to the home's clever design. A remodeled powder room, laundry room with large window & utility sink, and a three-car garage round out the main level. Follow the modern, open-riser stairs to the second level, where you'll arrive at the loft leading to the office: An incredible space with sliders to a private balcony overlooking the pond, as well as clerestory windows that make this an amazing space to spend time and work. There are also four bedrooms on the 2nd level, including a generously-sized Primary Bedroom with vaulted, wood-clad, beamed ceilings and an open dressing room concept behind a partition wall, and a private en-suite bath featuring a walk-in shower, and a huge walk-in closet. Bedroom 2 features south-facing windows for tremendous natural light, and is currently being used as an office. Bedrooms 3 and 4 both feature vaulted, wood-clad, beamed ceilings, and bedroom 3 has a lovely built-in desk and storage area. The 2nd full bath on this level has been beautifully remodeled with a floating vanity and dimensional tile in the tub / shower surround. Throughout the house, beautiful details will appeal to your sense of design, such as the built-ins, vast windows, skylights, wonderful modern geometry, and the beauty of the redwood beams and ceiling / wall planking. Full basement offers an amazing amount of storage. Sellers hate to leave the gorgeous home they've created for themselves, but corporate relocation has them moving out of state.

Last Agent to Sell the Property

Lou Zucaro

Baird & Warner License #475158200 Listed on: 02/25/2022

Baird & Warner

Last Buyer's Agent

Orest Zubrycky

Baird & Warner License #475175020

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,019

Year Built

  • Built in 1973 | Remodeled in 2014

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 262 x 165
  • Waterfront
  • Mature Trees
  • Wooded Lot

Parking

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

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,092 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Double Sided Fireplace
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Loft
  • Screened Porch
  • Partially Carpeted
  • Water Views

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Balcony
  • Deck

Schools

  • Isaac Fox Elementary School
  • Lake Zurich Middle - S Campus
  • Lake Zurich High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Two Heating Systems
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Well
  • Water Softener is Owned
  • Private or Community Septic Tank
  • Cable TV Available

Community Details

  • Mossley Hill Farm Subdivision, Custom Contemporary Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,019

Year Built

Built in 1973 | Remodeled in 2014

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Mossley Hill Farm
  • Year Built: 1973
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2014
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2014

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Range Hood, Water Softener, Gas Cooktop, Wall Oven
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Double Sided, Wood Burning, Gas Log, More than one
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), First Floor Laundry, Built-in Features, Walk-In Closet(s), Beamed Ceilings, Open Floorplan, Some Carpeting, Some Wall-To-Wall Cp
  • LivingArea: 3092
  • Other Equipment: Humidifier, Water-Softener Owned, TV-Cable, Security System, CO Detectors, Ceiling Fan(s), Sump Pump, Radon Mitigation System
  • Room Type: Eating Area, Office, Loft, Screened Porch, Foyer
  • Estimated Total Finished Sq Ft: 3092
  • Basement Description: Unfinished,Exterior Access
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3092
  • Basement Sq Ft: 1855
  • Fireplace Location: Family Room,Living Room,Dining Room
  • Total Sq Ft: 4947
  • Unfinished Basement Sq Ft: 1855
  • Upper Level Sq Ft: 1237
  • Main Level Sq Ft: 1855
  • Bathroom: Full

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Porch Screened
  • Foundation Details: Concrete Perimeter
  • List Price: 675000
  • Lot Features: Water View, Wooded, Mature Trees
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Type: Eating Area-Breakfast Bar,Island,Custom Cabinetry,Pantry,Updated Kitchen

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air, Zoned
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.9848
  • Lot Dimensions: 262 X 165
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 11019.34
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2013
Closed on
May 24, 2013
Sold by
Jablonsky Urso Cynthia and Jablonsky Urso Cynthia M
Bought by
Pruse Brendan M and Springer Jennifer J
Seller's Agent
Paul Wells
RE/MAX of Barrington
Buyer's Agent
Dina Skinner
Compass
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Current Estimated Value
$856,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,196
Avg. Annual Appreciation
5.05%
Original Mortgage
$42,000
Outstanding Balance
$10,449
Interest Rate
3.38%
Mortgage Type
Stand Alone Second
Estimated Equity
$760,171

Purchase Details

Listed on
Mar 15, 2013
Closed on
May 13, 2013
Sold by
Lake County Judge
Bought by
Jablonsky Urso Cynthia
Seller's Agent
Paul Wells
RE/MAX of Barrington
Buyer's Agent
Dina Skinner
Compass
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Outstanding Balance
$10,449
Interest Rate
3.38%
Mortgage Type
Stand Alone Second
Estimated Equity
$760,171

Purchase Details

Closed on
Sep 2, 2003
Sold by
Mehdi Asif Z and Chung Sara M
Bought by
Urso Thomas J and Jablonsky Urso Cynthia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 1997
Sold by
Skillman Charles E and Skillman Patricia M
Bought by
Mehdi Asif Z and Chung Sara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6%
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
Pruse Brendan M $420,000 Heritage Title Company
Jablonsky Urso Cynthia -- None Available
Urso Thomas J $507,500 Multiple
Mehdi Asif Z $263,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pruse Brendan M $42,000
Open Jablonsky Urso Cynthia $336,000
Previous Owner Jablonsky Urso Cynthia M $417,000
Previous Owner Jablonsky Urso Cynthia M $50,000
Previous Owner Urso Thomas J $50,000
Previous Owner Urso Thomas J $406,000
Previous Owner Mehdi Asif Z $246,150
Previous Owner Mehdi Asif Z $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2022 04/21/22 Sold $750,000 +11.1% $243 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $675,000 +60.7% $218 / Sq Ft
05/24/2013 05/24/13 Sold $420,000 -6.7% $136 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $450,000 -- $146 / 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 $12,409 $184,537 $47,558 $136,979
2023 $11,610 $179,581 $46,281 $133,300
2022 $11,610 $165,786 $44,960 $120,826
2021 $11,236 $161,538 $43,808 $117,730
2020 $11,019 $161,538 $43,808 $117,730
2019 $10,844 $160,129 $43,426 $116,703
2018 $11,257 $169,220 $46,713 $122,507
2017 $11,121 $167,180 $46,150 $121,030
2016 $11,069 $161,887 $44,689 $117,198
2015 $10,793 $154,193 $42,565 $111,628
2014 $10,472 $145,336 $41,870 $103,466
2012 $10,039 $145,642 $41,958 $103,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11332662

Midwest Real Estate Data (MRED)

APN: 14-30-101-003