NOT LISTED FOR SALE

229 Fairway Rd Lake Zurich, IL 60047

Estimated Value: $324,000 - $382,000

3 Beds
2 Baths
1,376 Sq Ft
$261/Sq Ft Est. Value

Last Sold December 12, 2018

Last sale price $266,500 $194 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,354/month

39 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Ranch Style House
  • Seth Paine Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of December 2018

A perfect ranch home in a great location, light and bright with so many updates and Lake Zurich beach access! Beautifully remodeled kitchen features custom cabinetry, stainless appliances, granite, breakfast bar seating, and large center island. Open family room with volume ceilings, opens to wonderful outdoor living space that has large patio plus a separate deck area, AND additional paver area with fire pit. Three nice bedrooms with hardwood floors, updated master bath with double bowl vanity, and updated 2nd bath. Other features include crown molding, concrete floor in crawl (storage), fully fenced backyard, newer windows, roof, and mechanicals... nothing to do but move in and enjoy this wonderful community with waterfront access! Take a look and make this your new home.

Last Agent to Sell the Property

Jim Luby

@properties Christie's International Real Estate License #475123155 Listed on: 10/01/2018

@properties Christie's International Real Estate

Co-Listed By

Suzanne Luby

@properties Christie's International Real Estate License #475148735

Last Buyer's Agent

Sue Maday

Berkshire Hathaway HomeServices Starck Real Estate License #475146447

Berkshire Hathaway HomeServices Starck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,451

Year Built

  • 1950

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Fenced Yard
  • Landscaped Professionally
  • Corner Lot

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Wood Flooring
  • Crawl Space
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Deck
  • Brick Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Rights

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $750 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,451

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1376
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1950
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: CO Detectors, Ceiling Fan, Sump Pump
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink, Soaking Tub
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 15X14, On Level: Main Level, Flooring: Porcelain Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1376
  • Estimated Total Finished Sq Ft: 1376
  • Main Level Sq Ft: 1376
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 18X17, On Level: Main Level, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Patio, Porch, Brick Paver Patio
  • Exposure: N (North), S (South), W (West)
  • Acreage: 0.2408

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

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

Lot Info

  • Lot Dimensions: 120 X 86
  • Lot Description: Corner, Fenced Yard, Landscaped Professionally, Water Rights
  • Parcel Identification Number: 14183150110000

Tax Info

  • Taxes: 5476.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2022
Sold by
Morawa Darek J
Bought by
Czop Edyta
Current Estimated Value
$358,471

Purchase Details

Listed on
Oct 1, 2018
Closed on
Dec 7, 2018
Sold by
Lapenta Danielle and Bostick Ralph Shawn
Bought by
Morawa Darek J and Czop Edyta T
Seller's Agent
Jim Luby
@properties Christie's International Real Estate
Buyer's Agent
Sue Maday
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$275,000
Sold Price
$266,500
Premium/Discount to List
-$8,500
-3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Original Mortgage
$213,200
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2013
Closed on
Sep 26, 2013
Sold by
Shiley Steven K and Shiley Kristen M
Bought by
Lapenta Danielle and Lapenta Carol
Seller's Agent
Ginny Opsahl
RE/MAX At Home
Buyer's Agent
Donna Pace
List Price
$225,000
Sold Price
$227,500
Premium/Discount to List
$2,500
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$212,500
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2011
Sold by
Moore Michael J
Bought by
Shiley Steven K and Grooms Kristen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,750
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Moore Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
3.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 13, 2010
Sold by
Lopez Steven J and Suntrust Mortgage Inc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Mar 20, 2007
Sold by
Goebel Jack C
Bought by
Lopez Steven J and Lopez Alyssa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,122
Interest Rate
6.18%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 2004
Sold by
Allegretti Karen B
Bought by
Goebel Jack C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1998
Sold by
Falat Mitchell J and Falat Nancy J
Bought by
Allegretti Karen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,600
Interest Rate
6.72%
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
Czop Edyta -- --
Morawa Darek J $266,500 Accurate Title Group
Lapenta Danielle $227,500 Multiple
Shiley Steven K $200,000 City Suburban Title
Moore Michael J -- Stewart Title Company
Secretary Of Housing & Urban Development -- None Available
Lopez Steven J $249,000 Ticor
Goebel Jack C $230,000 --
Allegretti Karen B $154,000 Inter County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morawa Darek J $213,200
Previous Owner Lapenta Danielle $212,500
Previous Owner Shiley Steven K $176,750
Previous Owner Lopez Steven J $245,122
Previous Owner Goebel Jack C $207,000
Previous Owner Allegretti Karen B $138,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2018 12/12/18 Sold $266,500 -3.1% $194 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
11/03/2018 11/03/18 For Sale $275,000 0.0% $200 / Sq Ft
10/21/2018 10/21/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $275,000 +20.9% $200 / Sq Ft
10/16/2013 10/16/13 Sold $227,500 +1.1% $165 / Sq Ft
09/12/2013 09/12/13 Pending -- -- --
09/11/2013 09/11/13 For Sale $225,000 -- $164 / 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 $5,451 $91,333 $33,171 $58,162
2023 $5,194 $77,287 $28,070 $49,217
2022 $5,194 $71,936 $27,527 $44,409
2021 $4,949 $70,093 $26,822 $43,271
2020 $4,859 $70,093 $26,822 $43,271
2019 $4,786 $69,482 $26,588 $42,894
2018 $5,506 $79,102 $28,605 $50,497
2017 $5,476 $77,627 $28,260 $49,367
2016 $5,363 $75,169 $27,365 $47,804
2015 $5,277 $71,596 $26,064 $45,532
2014 $4,763 $64,544 $23,688 $40,856
2012 $4,537 $64,680 $23,738 $40,942
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10099446

Midwest Real Estate Data (MRED)

APN: 14-18-315-011