NOT LISTED FOR SALE

Estimated Value: $258,000 - $590,000

2 Beds
1 Bath
1,090 Sq Ft
$422/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $130,000 $119 Per Sq Ft

Est. 253% increase in value since last sale

Current estimated payment $3,326/month

115 Days on Market

Highlights

  • Lake Front
  • Docks
  • Vaulted Ceiling
  • Spencer Loomis Elementary School Rated A
  • Deck
  • 1-minute walk to Erker Park

About This Home

As of June 2012

Enjoy the fantastic views of Forest Lake from the huge deck! 2 BR, 1 BTH, large kitchen & Great room w/vaulted ceilings. Park your boat at your own dock. Foreclosure. Sold As Is. Up to 3% actual BCC (exclude cash offers) & HOW incentive (conditions-see flyer on MRED) offered to owner occs. 100% tax prorations. No survey. Copy of cert EM funds & prequal/proof of funds should accompany offer. Addenda required on MRED.

Last Agent to Sell the Property

George Rennwanz

RE/MAX Showcase Listed on: 02/06/2012

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $10,535

Year Built

  • 1938

Lot Details

  • Lake Front

HOA Fees

  • $13 per month

Home Design

  • Aluminum Siding

Interior Spaces

  • Bathroom on Main Level
  • Vaulted Ceiling
  • Wood Flooring
  • Crawl Space
  • Laundry on main level

Parking

  • Parking Available
  • Driveway
  • Parking Space is Owned

Outdoor Features

  • Docks
  • Deck
  • Storage Shed

Utilities

  • Heating System Uses Gas
  • Well

Property Details

Home Type

Other

Est. Annual Taxes

$10,535

Year Built

1938

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Architectural Style: Ranch
  • Type Detached: 1 Story
  • Special Features: 20
  • Year Built: 1938

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 4
  • Equipment: Ceiling Fan
  • Attic: Unfinished
  • Basement: Crawl
  • Bedrooms All Levels: 2
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 15X13
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 15X12
  • Second Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 19X17
  • Living Room Flooring: Carpet
  • Kitchen Level: Main Level
  • Kitchen Size: 10X14
  • Kitchen Flooring: Hardwood
  • Additional Rooms: No additional rooms

Exterior Features

  • Roof: Asphalt/Glass (Shingles)
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Waterfront: Yes
  • Exterior Property Features: Deck, Storage Shed, Boat Dock/Mooring

Garage/Parking

  • Number of Cars: 3
  • Parking: Space/s
  • Number Parking Spaces: 3
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Ownership: Owned

Utilities

  • Cooling: Central Air
  • Electricity: Circuit Breakers, 100 Amp Service
  • Water: Well-Private
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment/Association Fees: 150
  • Assessment Includes: Clubhouse, Lake Rights

Schools

  • Elementary School: SPENCER LOOMIS ELEMENTARY SCHOOL
  • Middle School: LAKE ZURICH MIDDLE - N CAMPUS
  • High School: LAKE ZURICH HIGH SCHOOL
  • Junior High Dist: 95

Lot Info

  • Lot Dimensions: 50X180
  • Lot Description: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2012
Closed on
Jun 7, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
James J Kueck Trust
Seller's Agent
George Rennwanz
RE/MAX Showcase
Buyer's Agent
Non Member
NON MEMBER
List Price
$144,900
Sold Price
$130,000
Premium/Discount to List
-$14,900
-10.28%
Current Estimated Value
$459,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,496
Avg. Annual Appreciation
9.33%

Purchase Details

Closed on
Aug 19, 2007
Sold by
Hutchings Adgio K and Burciaga Hutchings Rosario
Bought by
Bartels Ralph L and Bartels Pamela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 1996
Sold by
Parkway Bank & Trust Company
Bought by
Hutchings Adgio K and Burciaga Hutchings Rosario B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
8%

Purchase Details

Closed on
Jul 22, 1994
Sold by
Meyer Ronald J and Meyer Emily K
Bought by
Parkway Bank & Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.53%
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
James J Kueck Trust $130,000 Attorneys Title Guaranty Fun
Bartels Ralph L $300,000 Ticor Title Insurance Co
Hutchings Adgio K $195,000 --
Parkway Bank & Trust Company $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bartels Ralph L $240,000
Previous Owner Hutchings Adgio K $175,500
Previous Owner Parkway Bank & Trust Company $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2012 06/29/12 Sold $130,000 -10.3% $119 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $144,900 0.0% $133 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
04/04/2012 04/04/12 Price Changed $144,900 -9.4% $133 / Sq Ft
03/07/2012 03/07/12 Price Changed $159,900 -4.1% $147 / Sq Ft
02/06/2012 02/06/12 For Sale $166,650 -- $153 / 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 $10,535 $177,534 $37,709 $139,825
2023 $10,417 $159,968 $33,978 $125,990
2022 $10,417 $152,642 $33,321 $119,321
2021 $10,072 $148,730 $32,467 $116,263
2020 $9,881 $148,730 $32,467 $116,263
2019 $9,737 $147,433 $32,184 $115,249
2018 $9,275 $141,980 $34,625 $107,355
2017 $9,119 $140,269 $34,208 $106,061
2016 $9,064 $135,828 $33,125 $102,703
2015 $8,826 $129,373 $31,551 $97,822
2014 $5,547 $35,856 $35,856 $0
2012 $5,050 $72,220 $35,931 $36,289
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07989968

Midwest Real Estate Data (MRED)

APN: 14-10-305-019