NOT LISTED FOR SALE

Estimated Value: $329,000 - $376,747

3 Beds
1 Bath
1,500 Sq Ft
$232/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $290,000 $193 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,298/month

6 Days on Market

Highlights

  • 1.6 Acre Lot
  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Spencer Loomis Elementary School Rated A
  • 2 Car Attached Garage
  • Senior Tax Exemptions

About This Home

As of November 2023

Discover the potential of this hidden gem on a spacious 1.625-acre lot tucked away in a private cul-de-sac in the heart of Lake Zurich, Illinois. This property, boasting breathtaking natural landscaping, offers a rare opportunity for those seeking a fixer-upper or a blank canvas to build their dream home. The tranquil surroundings and ample space provide the ideal backdrop for creativity and transformation. The existing structure, featuring 3 bedrooms, 1 bathroom, and a family room, is a perfect starting point for your vision. A very loving home by the original owners waiting to be revitalized."

Last Agent to Sell the Property

Cindy Lang

Century 21 Circle License #475122464 Listed on: 09/22/2023

Last Buyer's Agent

Valerie Campbell

Baird & Warner License #475101041

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,224

Year Built

  • Built in 1961

Lot Details

  • 1.6 Acre Lot

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Cedar

Interior Spaces

  • 1,500 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Spencer Loomis Elementary School
  • Lake Zurich Middle - N Campus
  • Lake Zurich High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,224

Year Built

Built in 1961

Lot Details

0

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
  • Year Built: 1961
  • 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, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LivingArea: 1500
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 335000
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public, Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Acres: 1.6
  • Lot Dimensions: 7983
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5224
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Oct 24, 2023
Sold by
Maxwell Elizabeth A
Bought by
Dreher Benjamin
Seller's Agent
Cindy Lang
Century 21 Circle
Buyer's Agent
Valerie Campbell
Baird & Warner
List Price
$335,000
Sold Price
$290,000
Premium/Discount to List
-$45,000
-13.43%
Views
62
Current Estimated Value
$348,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,437
Avg. Annual Appreciation
11.02%
Original Mortgage
$275,500
Outstanding Balance
$271,473
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$79,686
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
Dreher Benjamin $290,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dreher Benjamin $275,500
Previous Owner Maxwell Elizabeth A $115,000
Previous Owner Maxwell Donald O $250,000
Previous Owner Maxwell Donald O $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $290,000 -13.4% $193 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $335,000 -- $223 / 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 $4,833 $94,834 $36,167 $58,667
2023 $5,224 $92,287 $35,196 $57,091
2022 $5,224 $91,217 $35,106 $56,111
2021 $5,195 $88,879 $34,206 $54,673
2020 $5,096 $88,879 $34,206 $54,673
2019 $4,998 $88,104 $33,908 $54,196
2018 $5,021 $90,035 $36,477 $53,558
2017 $5,011 $88,949 $36,037 $52,912
2016 $5,159 $86,133 $34,896 $51,237
2015 $5,297 $82,039 $33,237 $48,802
2014 $5,660 $84,527 $45,354 $39,173
2012 $5,770 $84,704 $45,449 $39,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11888940

Midwest Real Estate Data (MRED)

APN: 14-08-402-014