251 Meadow Ln Lake Zurich, IL 60047
Estimated Value: $414,000 - $459,000
3
Beds
1.5
Baths
2,019
Sq Ft
$214/Sq Ft
Est. Value
Highlights
- Deck
- Property is near a park
- 1 Fireplace
- May Whitney Elementary School Rated A
- Wood Flooring
- Mud Room
About This Home
As of July 2023Walk to Lake Zurich! Perfect corner lot & cul-de-sac location! This multi-level 3 bed 1.5 bath home invites you in and makes you want to stay. Large family room has newer carpet & paint 2020. Gourmet kitchen includes stainless steel high end appliances, maple cabinets, under cab lighting, large granite multi-level island fits 4 stools & overlooks dining & living area with a door to deck for easy summer night BBQs. Hardwood floors throughout (except the cozy carpeting in the family room) Crown molding, wood blinds, can lighting, 6 panel doors & closet organizers throughout as well. Bonus mud room with organizers, new wood laminate floor & fresh paint 2020 leads out to stone paver walkway to detached 2 car garage. Main level office easily converted to 4th bedroom with more than enough room to add full bath. Water Htr/Furn/Ac /Siding (2006). Washer/Dryer (2015). New roof on home & garage 2023.
Last Agent to Sell the Property
Home Sweet Home Ryan Realty License #471018780 Listed on: 04/21/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,009
Year Built
- Built in 1964
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 137 x 60 x 180 x 35 x 27 x 24
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Asphalt Roof
Interior Spaces
- 2,019 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Blinds
- Mud Room
- Entrance Foyer
- Family Room
- Living Room
- Combination Kitchen and Dining Room
- Home Office
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- No Tub in Bathroom
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Exterior Basement Entry
- Recreation or Family Area in Basement
- Basement Window Egress
Schools
- May Whitney Elementary School
- Lake Zurich Middle - N Campus
- Lake Zurich High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Deck
- Property is near a park
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Lake Zurich Highlands Subdivision
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2023
Closed on
Jul 11, 2023
Sold by
Gallus Michael F and Gallus Atha C
Bought by
Nelson Kimberlee
Seller's Agent
Kelly O'Connell-Guzak
Home Sweet Home Ryan Realty
Buyer's Agent
Karen White
@properties Christie's International Real Estate
List Price
$449,999
Sold Price
$395,000
Premium/Discount to List
-$54,999
-12.22%
Total Days on Market
24
Views
71
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
$36,517
Avg. Annual Appreciation
4.13%
Original Mortgage
$316,000
Outstanding Balance
$309,503
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$118,079
Purchase Details
Closed on
Apr 26, 2006
Sold by
Clausen Kyle K
Bought by
Gallus Michael F and Panou Atha C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 30, 1997
Sold by
Borowitz Steve J and Borowitz Pauline M
Bought by
Clausen Kyle K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
8.01%
Similar Homes in Lake Zurich, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nelson Kimberlee | $395,000 | Greater Illinois Title | |
| Gallus Michael F | $339,000 | First American Title Ins Co | |
| Clausen Kyle K | $156,000 | Alamo Title Band & 410 |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nelson Kimberlee | $316,000 | |
| Previous Owner | Gallus Michael F | $277,400 | |
| Previous Owner | Gallus Michael F | $271,200 | |
| Previous Owner | Clausen Kyle | $40,000 | |
| Previous Owner | Clausen Kyle K | $159,000 | |
| Previous Owner | Clausen Kyle K | $164,000 | |
| Previous Owner | Clausen Kyle K | $30,000 | |
| Previous Owner | Clausen Kyle K | $124,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2023 07/11/23 | Sold | $395,000 | -4.8% | $196 / Sq Ft |
| 05/16/2023 05/16/23 | Pending | -- | -- | -- |
| 05/10/2023 05/10/23 | Price Changed | $414,900 | -2.4% | $205 / Sq Ft |
| 05/02/2023 05/02/23 | Price Changed | $424,900 | -5.6% | $210 / Sq Ft |
| 04/21/2023 04/21/23 | For Sale | $449,999 | -- | $223 / 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 | $7,558 | $105,640 | $23,184 | $82,456 |
| 2023 | $7,386 | $96,077 | $21,085 | $74,992 |
| 2022 | $7,386 | $93,748 | $21,712 | $72,036 |
| 2021 | $7,139 | $91,346 | $21,156 | $70,190 |
| 2020 | $7,010 | $91,346 | $21,156 | $70,190 |
| 2019 | $6,901 | $90,549 | $20,971 | $69,578 |
| 2018 | $7,338 | $96,507 | $21,484 | $75,023 |
| 2017 | $7,290 | $95,344 | $21,225 | $74,119 |
| 2016 | $7,158 | $92,325 | $20,553 | $71,772 |
| 2015 | $6,591 | $87,937 | $19,576 | $68,361 |
| 2014 | $6,683 | $88,148 | $21,662 | $66,486 |
| 2012 | $6,361 | $88,334 | $21,708 | $66,626 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly O'Connell-Guzak
Seller's Agent in 2023
Kelly O'Connell-Guzak
Home Sweet Home Ryan Realty
(630) 290-6885
8 in this area
166 Total Sales
-
Karen White
Buyer's Agent in 2023
Karen White
@ Properties
(847) 644-3115
2 in this area
45 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11744104
APN: 14-20-210-004
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