NOT LISTED FOR SALE

23540 N Cedar Ln Lake Zurich, IL 60047

Estimated Value: $352,000 - $425,210

4 Beds
2.5 Baths
1,870 Sq Ft
$200/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $276,500 $148 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,623/month

99 Days on Market

Highlights

  • 0.91 Acre Lot
  • Community Lake
  • Property is near a park
  • May Whitney Elementary School Rated A
  • Deck
  • Property is adjacent to nature preserve

About This Home

As of April 2022

Multiple offers received, highest and best by 3pm on 3/19. Home needs TLC! Excellent opportunity for sweat equity!!! Welcome to your extra large split level in Lake Zurich! This home has FIVE bedrooms, one of which is located in the walkout basement (perfect for in-laws!) The wooded backyard overlooks Echo Lake wetlands/pond so has a very secluded feeling as well as rights to Echo Lake! The extra large living room and dining room are perfect for entertaining, and the finished lower level has a cozy fireplace!

Last Agent to Sell the Property

Stephanie Welter

Keller Williams Success Realty License #475186676 Listed on: 12/10/2021

Keller Williams Success Realty

Last Buyer's Agent

Gabrielle Burja-Varga

Pro-Via Realty Corp. License #471017043

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,626

Year Built

  • Built in 1955

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 100x408x76x94x330
  • Property is adjacent to nature preserve
  • Wetlands Adjacent
  • Irregular Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Split Level with Sub
  • Tri-Level Property
  • Stucco

Interior Spaces

  • 1,870 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Wood Flooring
  • Storm Screens

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Fireplace in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Tideland Water Rights
  • Deck

Location

  • Property is near a park

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Shared Well
  • Well
  • Private or Community Septic Tank

Community Details

  • Echo Lake Subdivision
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,626

Year Built

Built in 1955

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level w/ Sub
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Property Sub-Type: Split Level w/ Sub
  • Subdivision Name: Echo Lake
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: Partial, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, In-Law Arrangement
  • LivingArea: 1870
  • Room Type: Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1870
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Basement
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • List Price: 250000
  • Lot Features: Nature Preserve Adjacent, Wetlands adjacent, Irregular Lot, Water Rights
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

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

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Private Well, Shared Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Water Rights
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Yearly
  • Master Association Fee: 150

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 95

Lot Info

  • Lot Size Acres: 0.91
  • Lot Dimensions: 100X408X76X94X330
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6626.2
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2009
Sold by
Stiles Deborah A and Garsee Genevieve
Bought by
Stiles Deborah A and Stiles Timothy P
Current Estimated Value
$374,553

Purchase Details

Closed on
Aug 19, 2004
Sold by
Fountain Robert B and Fountain Carol S
Bought by
Garsee Genevieve and Stiles Deborah A
Source: Public Records

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Range of Values:

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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
Stiles Deborah A -- Attorneys Title Guaranty Fun
Garsee Genevieve $257,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garsee Genevieve $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $276,500 +10.6% $148 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/15/2022 03/15/22 Price Changed $250,000 +900.0% $134 / Sq Ft
03/15/2022 03/15/22 Price Changed $25,000 0.0% $13 / Sq Ft
03/15/2022 03/15/22 For Sale $25,000 -92.3% $13 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
12/10/2021 12/10/21 For Sale $325,000 -- $174 / 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 $6,287 $97,940 $31,662 $66,278
2023 $7,075 $93,914 $30,812 $63,102
2022 $7,075 $102,208 $30,216 $71,992
2021 $6,844 $99,589 $29,442 $70,147
2020 $6,714 $99,589 $29,442 $70,147
2019 $6,616 $98,720 $29,185 $69,535
2018 $5,695 $87,099 $31,396 $55,703
2017 $5,647 $86,050 $31,018 $55,032
2016 $5,615 $83,325 $30,036 $53,289
2015 $5,470 $79,364 $28,608 $50,756
2014 $5,724 $80,357 $25,588 $54,769
2012 $5,495 $80,526 $25,642 $54,884
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11284736

Midwest Real Estate Data (MRED)

APN: 14-17-209-012