NOT LISTED FOR SALE

Estimated Value: $224,000 - $260,000

2 Beds
1 Bath
784 Sq Ft
$316/Sq Ft Est. Value

Last Sold May 13, 2013

Last sale price $123,000 $157 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,723/month

64 Days on Market

Highlights

  • Central Air
  • Heated Garage
  • 5-minute walk to Steinken Park
  • Spencer Loomis Elementary School Rated A

About This Home

As of May 2013

Extreme Value in sought after Forest Lake, fishing swimming, and club house, Low taxes, and Spencer Loomis elementary! This house comes complete with a HUGE beautiful yard, just steps from the lake. You'll enjoy 2 bedrooms, 1 full bath, with a distinctive floorplan, inviting family room w/ sandstone faced fireplace to warm u up, don't forget about the Expanded Huge Heated Garage! Tons of rm for all your favorite toy

Last Agent to Sell the Property

Samantha Kalamaras

@properties Christie's International Real Estate License #475122440 Listed on: 02/26/2013

@properties Christie's International Real Estate

Last Buyer's Agent

Samantha Kalamaras

@properties Christie's International Real Estate License #475122440 Listed on: 02/26/2013

@properties Christie's International Real Estate

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,917

Year Built

  • 1952

Lot Details

  • 0.29

HOA Fees

  • $13 per month

Parking

  • Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway

Home Design

  • Asphalt Rolled Roof
  • Vinyl Siding

Basement

  • Crawl Space

Schools

  • Spencer Loomis Elementary School
  • Lake Zurich High School

Utilities

  • Central Air
  • Water Rights
  • Well

Property Details

Home Type

Other

Est. Annual Taxes

$3,917

Year Built

1952

Lot Details

0

HOA Fees

$13 per month

Parking

3

Interior Features

  • Total # Of Rooms: 4
  • Fireplace Type/Details: Wood Burning
  • Fireplaces: 1
  • Basement: Crawl
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 13X8
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 12X9
  • Second Bedroom Flooring: Carpet
  • Family Room Level: Main Level
  • Family Room Size: 15X14
  • Family Room Flooring: Carpet
  • Kitchen Level: Main Level
  • Kitchen Size: 11X10
  • Kitchen Flooring: Vinyl

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Rolled)

Garage/Parking

  • Number of Cars: 3
  • Parking Type: Garage
  • Garage Type: Heated, Garage Door Opener(s), Transmitter(s)
  • Driveway: Asphalt

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Well-Private
  • Heat/Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment/Association Fees: 150

Schools

  • Elementary School: Spencer Loomis Elementary School
  • High School: Lake Zurich High School
  • Junior High Dist: 95
  • Junior High: Lake Zurich Middle - N Campus

Lot Info

  • Lot Dimensions: 80X160
  • Lot Description: Water Rights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2014
Sold by
Vormittag Mike and Vormittag Anne
Bought by
The Vormittag Living Trust
Total Days on Market
64
Current Estimated Value
$247,840

Purchase Details

Closed on
Oct 25, 2013
Sold by
Vormittag Arlene
Bought by
Vormittag Michael and Vormittag Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Outstanding Balance
$88,369
Interest Rate
4.59%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$162,152

Purchase Details

Listed on
Feb 26, 2013
Closed on
May 13, 2013
Sold by
Milford Mitch L
Bought by
Vormittag Arlene
Seller's Agent
Samantha Kalamaras
@properties Christie's International Real Estate
Buyer's Agent
Samantha Kalamaras
@properties Christie's International Real Estate
List Price
$157,000
Sold Price
$123,000
Premium/Discount to List
-$34,000
-21.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
The Vormittag Living Trust -- None Available
Vormittag Michael -- None Available
Vormittag Arlene $123,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vormittag Michael $115,500
Previous Owner Milford Mitch L $60,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2013 05/13/13 Sold $123,000 -10.2% $157 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
02/27/2013 02/27/13 Price Changed $137,000 -12.7% $175 / Sq Ft
02/26/2013 02/26/13 For Sale $157,000 -- $200 / 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 $3,917 $68,283 $34,645 $33,638
2023 $3,752 $61,527 $31,217 $30,310
2022 $3,752 $57,024 $30,612 $26,412
2021 $3,625 $55,563 $29,828 $25,735
2020 $3,556 $55,563 $29,828 $25,735
2019 $3,505 $55,079 $29,568 $25,511
2018 $3,101 $50,184 $31,811 $18,373
2017 $3,074 $49,580 $31,428 $18,152
2016 $3,051 $48,010 $30,433 $17,577
2015 $2,962 $51,489 $28,987 $22,502
2014 $2,688 $40,910 $26,960 $13,950
2012 $3,417 $49,444 $27,017 $22,427
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08279482

Midwest Real Estate Data (MRED)

APN: 14-15-104-024