23835 N Echo Lake Rd Lake Zurich, IL 60047
Estimated Value: $697,000 - $807,000
4
Beds
4.5
Baths
4,330
Sq Ft
$175/Sq Ft
Est. Value
Highlights
- Additional Residence on Property
- Second Kitchen
- 1.17 Acre Lot
- May Whitney Elementary School Rated A
- Second Garage
- 4-minute walk to Knigge Park
About This Home
As of January 2023EXCELLENT OPPORTUNITY FOR A TRULY ONE-OF-A-KIND HOME. 3620 sf 4 BEDROOM 4.1 BATH HOME ON A HUGE 1.17 ACRE LOT. BEAUTIFUL WOODWORK AND HARDWOOD FLOORS. BAY WINDOWS IN THE DINING AND DEN. THE KITCHEN FEATURES 42" CABINETS AND GRANITE COUNTERS. THE FAMILY ROOM HAS CATHEDRAL CEILINGS AND 4 SLIDERS THAT LEAD TO THE OVERSIZED WRAPAROUND DECK AND BACKYARD. HUGE MASTER SUITE WITH BATHROOM READY TO BE FINISHED. IN-LAW SUITE ON MAIN LEVEL W/ FULL BATH, LIVING AREA, 2ND KITCHEN, AND BED (NOT COUNTED AS A 5TH BED AS IT LACKS CLOSET). ABSOLUTELY ENORMOUS DETACHED GARAGE THAT OFFERS 2 STALLS FOR THE RESIDENCE, 5 COMMERCIAL SIZED STALLS ON THE SIDE (PERFECT FOR BIZ OWNER OR SOMEONE W/ AUTOS/TOYS), AND A 710 sf GAME ROOM. 2 DECKS, A PATIO, AND BALCONY. UNFINISHED BASEMENT W/ EXTERIOR ACCESS. THE HOME/GROUNDS ARE PERFECT FOR ENTERTAINING. FANTASTIC LOCATION IN CLOSE PROXIMITY TO SCHOOLS, PARKS & DOWNTOWN. AWARD-WINNING LAKE ZURICH SCHOOLS. VACANT AND EASY TO SHOW!!
Last Agent to Sell the Property
GenStone Realty License #471008764 Listed on: 10/26/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,084
Lot Details
- 1.17 Acre Lot
- Partially Fenced Property
- Paved or Partially Paved Lot
- Mature Trees
Parking
- 7 Car Detached Garage
- Second Garage
- Multiple Garages
- Garage ceiling height seven feet or more
- Parking Included in Price
Home Design
- Asphalt Roof
Interior Spaces
- 4,330 Sq Ft Home
- 2-Story Property
- Historic or Period Millwork
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Den
- Game Room
- Wood Flooring
Kitchen
- Second Kitchen
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Bedroom Suite
- In-Law or Guest Suite
- Bathroom on Main Level
Laundry
- Laundry Room
- Laundry on main level
- Gas Dryer Hookup
Unfinished Basement
- Walk-Out Basement
- Partial Basement
- Exterior Basement Entry
Outdoor Features
- Balcony
- Deck
- Patio
- Separate Outdoor Workshop
- Shed
- Utility Building
- Porch
Schools
- Lake Zurich High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Well
- Private or Community Septic Tank
Additional Features
- Additional Residence on Property
- Property is near a park
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 26, 2022
Closed on
Dec 8, 2022
Sold by
Vrmtg Asset Trust
Bought by
Gavrilos Nickolas E
Seller's Agent
Eric Egeland
GenStone Realty
Buyer's Agent
Anthony Macias
Adonis Realty LLC
List Price
$494,900
Sold Price
$494,900
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,275
Avg. Annual Appreciation
18.75%
Original Mortgage
$395,920
Interest Rate
8.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 18, 2022
Sold by
Sheriff Of Lake County
Bought by
Vrmtg Asset Trust
Purchase Details
Closed on
Oct 9, 2014
Sold by
Candelora Mary
Bought by
The 23835 Echo Lake Trust
Purchase Details
Closed on
Feb 8, 2012
Sold by
Varga Pina and Trust #1
Bought by
Candelora Mary
Purchase Details
Closed on
May 5, 2009
Sold by
Candelora Mary
Bought by
Varga Pina and Trust #1
Purchase Details
Closed on
Aug 28, 2006
Sold by
Vazquez Maria
Bought by
Candelora Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 10, 2005
Sold by
Vazquez Maria
Bought by
Vazquez Maria
Purchase Details
Closed on
Apr 5, 2004
Sold by
Kininmonth George L and Corcoran Noreen
Bought by
Vazquez Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
8.7%
Mortgage Type
Purchase Money Mortgage
Similar Home in Lake Zurich, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gavrilos Nickolas E | $494,900 | -- | |
| Vrmtg Asset Trust | -- | Codilis & Associates Pc | |
| The 23835 Echo Lake Trust | -- | None Available | |
| Candelora Mary | -- | None Available | |
| Varga Pina | -- | None Available | |
| Candelora Mary | $420,000 | Ticor | |
| Vazquez Maria | -- | -- | |
| Vitale Anthony F | -- | -- | |
| Vazquez Maria | $390,000 | Stewart Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gavrilos Nickolas E | $512,600 | |
| Closed | Gavrilos Nickolas E | $495,200 | |
| Previous Owner | Gavrilos Nickolas E | $395,920 | |
| Previous Owner | Candelora Mary | $405,000 | |
| Previous Owner | Candelora Mary | $135,000 | |
| Previous Owner | Candelora Mary | $336,000 | |
| Previous Owner | Vazquez Maria D | $420,000 | |
| Previous Owner | Vazquez Maria | $390,000 | |
| Previous Owner | Kininmouth George L | $372,000 | |
| Previous Owner | Kinimonth George L | $340,000 | |
| Previous Owner | Kinimonth George L | $245,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/17/2023 01/17/23 | Sold | $494,900 | 0.0% | $114 / Sq Ft |
| 12/02/2022 12/02/22 | Pending | -- | -- | -- |
| 11/28/2022 11/28/22 | For Sale | $494,900 | 0.0% | $114 / Sq Ft |
| 11/04/2022 11/04/22 | Pending | -- | -- | -- |
| 10/26/2022 10/26/22 | For Sale | $494,900 | -- | $114 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $15,118 | $164,950 | $31,746 | $133,204 |
| 2023 | $15,118 | $214,595 | $30,893 | $183,702 |
| 2022 | $15,580 | $217,852 | $31,446 | $186,406 |
| 2021 | $15,085 | $212,269 | $30,640 | $181,629 |
| 2020 | $14,585 | $212,269 | $30,640 | $181,629 |
| 2019 | $14,580 | $210,418 | $30,373 | $180,045 |
| 2018 | $12,200 | $179,696 | $32,674 | $147,022 |
| 2017 | $12,100 | $177,530 | $32,280 | $145,250 |
| 2016 | $12,048 | $171,909 | $31,258 | $140,651 |
| 2015 | $11,761 | $163,738 | $29,772 | $133,966 |
| 2014 | $9,853 | $158,961 | $38,376 | $120,585 |
| 2012 | $10,077 | $159,296 | $38,457 | $120,839 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Egeland
Seller's Agent in 2023
Eric Egeland
GenStone Realty
(847) 337-7090
4 in this area
149 Total Sales
-
Anthony Macias
A
Buyer's Agent in 2023
Anthony Macias
Adonis Realty LLC
(773) 447-5081
1 in this area
31 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11660480
APN: 14-17-200-038
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