NOT LISTED FOR SALE

Estimated Value: $340,000 - $439,814

2 Beds
1 Bath
1,305 Sq Ft
$303/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $369,000 $283 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,620/month

12 Days on Market

Highlights

  • Boat Dock
  • Waterfront
  • Wood Burning Stove
  • Spencer Loomis Elementary School Rated A
  • Community Lake
  • 1-minute walk to Steinken Park

About This Home

As of August 2022

Enjoy the incredible lake life in this cozy ranch home nestled on Forest Lake in Lake Zurich! Gleaming hardwood floors greet you as you enter. Open kitchen has beautiful olive cabinets, breakfast bar and large walk-in pantry. Dining room leads to the grand living room with wall-to-wall windows and an antique wood burning stove that will keep you nice and warm all winter. Bountiful windows throughout allow lake views in almost every part of the home. Just a few steps to the lower level with large laundry room, utility sink and floor-to-ceiling shelving for storage. Lower level walks out to backyard. Beautiful perennials and unique trees line the property front-to-back. Relax on the brick paver patio overlooking your private aquascape with 4 ponds and waterfall. The home's interior preserves many of the original lake cabin features, while great updates include: new roof, home and garage exterior painted, bathroom recently remodeled, new water heater, kitchen appliances are about 4 years old. What's better than waking up everyday to a picturesque view of the lake? Enjoy boating (electric motors only), incredible year-round fishing, winter 4 wheeler/snowmobile, organized community events, and ice golfing fun. Don't miss this incredible, limited opportunity to live on the calm and serene Forest Lake.

Last Agent to Sell the Property

Cori Michael

Nest Equity Realty License #471020969 Listed on: 06/24/2022

Last Buyer's Agent

Robert Casorio

Jameson Sotheby's International Realty License #475131891

Jameson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,123

Year Built

  • Built in 1938

Lot Details

  • Lot Dimensions are 143x129x66x60
  • Waterfront

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,305 Sq Ft Home
  • Wood Burning Stove
  • Six Panel Doors
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Crawl Space
  • Storm Screens

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Tideland Water Rights
  • Brick Porch or Patio

Location

  • Property is near a park

Schools

  • May Whitney Elementary School
  • Lake Zurich Middle - N Campus
  • Lake Zurich High School

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include clubhouse, lake rights
  • Forest Lake Subdivision
  • Community Lake

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,123

Year Built

Built in 1938

Lot Details

0

HOA Fees

$19 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Forest Lake
  • Year Built: 1938
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Accessibility Features: Main Level Entry
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning Stove
  • Fireplaces: 1
  • LivingArea: 1305
  • Room Type: Breakfast Room, Pantry
  • Estimated Total Finished Sq Ft: 1440
  • Assessed Sq Ft: 1305
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1440
  • Fireplace Location: Living Room
  • Total Sq Ft: 1440
  • Main Level Sq Ft: 1305
  • Lower Level Sq Ft: 135
  • Door Features: 6 Panel Door(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Brick Paver Patio, Storms/Screens
  • List Price: 375000
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 6
  • Number of Cars: 8
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee: 225
  • Association Fee Frequency: Annually
  • Community Features: Park, Lake, Dock, Water Rights
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Clubhouse, Lake Rights

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 143X129X66X60
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5123.36
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 9, 2022
Sold by
Redina Iii Charles J
Bought by
Nierman Scott and Nierman Rebecca
Seller's Agent
Cori Michael
Nest Equity Realty
Buyer's Agent
Robert Casorio
Jameson Sotheby's International Realty
List Price
$375,000
Sold Price
$369,000
Premium/Discount to List
-$6,000
-1.6%
Current Estimated Value
$394,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,954
Avg. Annual Appreciation
1.78%
Source: Public Records

Range of Values:

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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
Nierman Scott $369,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Redina Charles J $115,000
Previous Owner Redina Charles J $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $369,000 -1.6% $283 / Sq Ft
06/24/2022 06/24/22 For Sale $375,000 -- $287 / 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 $5,386 $90,555 $38,571 $51,984
2023 $5,402 $81,596 $34,755 $46,841
2022 $5,402 $79,450 $34,083 $45,367
2021 $5,223 $77,414 $33,210 $44,204
2020 $5,123 $77,414 $33,210 $44,204
2019 $5,049 $76,738 $32,920 $43,818
2018 $4,839 $74,919 $35,417 $39,502
2017 $4,834 $74,016 $34,990 $39,026
2016 $4,769 $71,672 $33,882 $37,790
2015 $4,642 $68,266 $32,272 $35,994
2014 $5,004 $71,010 $36,122 $34,888
2012 $4,988 $71,159 $36,198 $34,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11440115

Midwest Real Estate Data (MRED)

APN: 14-15-204-014