NOT LISTED FOR SALE

220 Forest Ave Lake Zurich, IL 60047

Estimated Value: $375,000 - $443,000

3 Beds
2 Baths
1,550 Sq Ft
$258/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $312,500 $202 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,618/month

11 Days on Market

Highlights

  • Family Room with Fireplace
  • Attached Garage
  • Combination Dining and Living Room
  • May Whitney Elementary School Rated A
  • Garden Bath
  • 3-minute walk to Oak Ridge Marsh Nature Park

About This Home

As of October 2021

Price! Condition! Location! It's all here in this three bedroom split-level with Sub-basement offering Hardwood Floors on first and second floors! Beautifully designed Kitchen boasts loads of beautiful Maple cabinets, stainless steel Viking appliances, counter bar, granite countertops, built-in pantry, under cabinet lighting and the list goes on... Deck off kitchen is perfect for bar-b-ques! Beautiful Bay window in living room with Brazilian Walnut Floor! Second floor offers three bedrooms with solid wood doors, trim, crown molding and ceiling fans! Beautifully designed bath boasts rustic design cabinets with barn style doors, raised vanity with double bowl sinks, great soaking tub, gorgeous tile work, skylight and open shelving! Lower level family room has Wood-burning Fireplace with gas starter, built in entertainment center ready for the big TV, dry bar, storage and lots more! The lower level also offers a cozy office or play room with window for natural light! Full bath on lower level has a great walk in shower! Sub-basement gives you lots of storage space with separate utility room! New roof in 2018! Two-car attached garage! Walk to the beach at Breezewald Park right down Forest where you'll find a great park too! Around the corner you'll find Oak Ridge Park with playground, sand volley ball, basketball & fishing! Across from the park is the Bird Observation Area with a Gazebo to enjoy your viewing experience! So many good things here!!!

Last Agent to Sell the Property

Maureen Brand

RE/MAX Suburban License #471004300 Listed on: 08/19/2021

RE/MAX Suburban

Last Buyer's Agent

Rafay Qamar

Real Broker LLC License #475158420

Real Broker LLC

Home Details

Home Type

  • Single Family

Year Built

  • 1976

Lot Details

  • 8,712

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Split Level with Sub
  • Cedar

Interior Spaces

  • Garden Bath
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Unfinished Basement

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: Split Level w/ Sub
  • Property Sub Type: Split Level w/ Sub
  • Age: 41-50 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
  • Architectural Style: Bi-Level
  • Directions: Rt. 12 to N Old Rand to Forest or Lions To Forest
  • Lot Size: 65 X 100 X 110 X 111
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1976

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Partial
  • Fireplace Features: Wood Burning, Gas Starter
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Bathroom Amenities: Garden Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Other Equipment: Humidifier, Ceiling Fan(s), Sump Pump
  • Dining Room Type: Office, Storage

Exterior Features

  • Exterior Features: Deck, Storms/Screens
  • Exterior Building Type: Cedar
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: May Whitney Elementary School
  • High School: Lake Zurich High School
  • Junior High Dist: 95
  • Middle Or Junior School: Lake Zurich Middle - N Campus

Lot Info

  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 5510.3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Oct 8, 2021
Sold by
Suarez Patricia A
Bought by
Luu Henry
Seller's Agent
Maureen Brand
RE/MAX Suburban
Buyer's Agent
Rafay Qamar
Real Broker LLC
List Price
$324,900
Sold Price
$312,500
Premium/Discount to List
-$12,400
-3.82%
Current Estimated Value
$400,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,936
Avg. Annual Appreciation
6.50%
Original Mortgage
$305,000
Outstanding Balance
$277,138
Interest Rate
2.25%
Mortgage Type
VA
Estimated Equity
$123,298
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
Luu Henry $312,500 Precision Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luu Henry $305,000
Previous Owner Suarez Patricia A $50,000
Previous Owner Suarez Patricia A $69,364
Previous Owner Suarez Patricia A $60,000
Previous Owner Suarez Patricia A $36,000
Previous Owner Suarez Patricia A $148,000
Previous Owner Suarez Patricia A $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $312,500 -3.8% $202 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $324,900 -- $210 / 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 -- $103,878 $20,825 $83,053
2023 $5,818 $94,475 $18,940 $75,535
2022 $5,818 $79,851 $19,503 $60,348
2021 $4,595 $77,805 $19,003 $58,802
2020 $5,510 $77,805 $19,003 $58,802
2019 $5,427 $77,126 $18,837 $58,289
2018 $5,633 $80,122 $19,298 $60,824
2017 $5,593 $79,156 $19,065 $60,091
2016 $5,477 $76,649 $18,461 $58,188
2015 $5,390 $73,006 $17,584 $55,422
2014 $5,584 $74,634 $19,460 $55,174
2012 $5,317 $74,791 $19,501 $55,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11195021

Midwest Real Estate Data (MRED)

APN: 14-17-305-027