NOT LISTED FOR SALE

251 Meadow Ln Lake Zurich, IL 60047

Estimated Value: $396,000 - $430,000

3 Beds
1.5 Baths
2,019 Sq Ft
$206/Sq Ft Est. Value

Last Sold July 11, 2023

Last sale price $395,000 $196 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,923/month

24 Days on Market

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 2023

Walk 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 Listed By

Kelly O'Connell-Guzak

Home Sweet Home Ryan Realty License #471018780 Listed on: 04/21/2023

Home Sweet Home Ryan Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,009

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Lake Zurich Highlands
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • 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

  • Basement: Full, Walkout
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • LivingArea: 2019
  • Room Type: Office, Foyer, Mud Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2019
  • Basement Description: Finished,Exterior Access,Egress Window,Rec/Family Area,Walk-Up Access
  • Bathroom Amenities: No Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Window Features: Blinds
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 414900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 2
  • Number of Cars: 4
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • 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: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

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 Size Acres: 0.25
  • Lot Dimensions: 137 X 60 X 180 X 35 X 27 X 24
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7009.26
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

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
$416,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,063
Avg. Annual Appreciation
4.54%
Original Mortgage
$316,000
Outstanding Balance
$311,050
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$117,164

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%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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
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

  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in Lake Zurich, IL

  • 640 Surryse Rd, Lake Zurich, IL 60047

    $439,900

    • 4 Beds
    • 2 Baths
    • 1,634 Sq Ft
    • 640 Surryse Rd
    • Lake Zurich, IL

    Charm meets convenience in this delightful single-family home located in the well established Old Mill Grove subdivision. This 4-bedroom, 2 bathroom gem is just a short stroll to schools, parks, the local sports complex and the oh-so-cute downtown area full of great shopping, dining spots and a sunset over Lake Zurich. Step inside and fall in love with the newly renovated open-concept kitchen

    Brandy Schuldt Keller Williams North Shore West

    Section Image
  • 50 Meadowbrook Ln, Lake Zurich, IL 60047

    $414,000

    • 3 Beds
    • 1.5 Baths
    • 1,830 Sq Ft
    • 50 Meadowbrook Ln
    • Lake Zurich, IL

    **MULTIPLE OFFERS. HIGHEST & BEST OFFERS DUE BY 5PM 4/6/25**An excellent opportunity awaits in the heart of Lake Zurich! This beautiful split-level home in the sought-after Old Mill Grove subdivision offers the perfect blend of comfort, style, and functionality, making it ideal for both entertaining and relaxing. With fantastic curb appeal, this home welcomes you with a bright and spacious

    Eric Egeland GenStone Realty

    Section Image
  • 145 Old Mill Grove Rd, Lake Zurich, IL 60047

    $400,000

    • 3 Beds
    • 1.5 Baths
    • 1,422 Sq Ft
    • 145 Old Mill Grove Rd
    • Lake Zurich, IL

    This beautiful property offers open floor plan and many improvements. Tastefully updated kitchen features white top/grey bottom cabinets, granite countertops, and stainless steel appliances. Bathrooms have been updated as well-marble tiles in main bathroom. 3 generous size bedrooms are located on the upper level. The finished recreational/family room features wide wooden pocket door, offering the

    Joanna Stawarz KOMAR

    Section Image
  • 705 Old Mill Grove Rd, Lake Zurich, IL 60047

    $514,900

    • 4 Beds
    • 2.5 Baths
    • 2,568 Sq Ft
    • 705 Old Mill Grove Rd
    • Lake Zurich, IL

    Absolutely wonderful home located in Countryside East! Features of the home include: Recent painting throughout - remodeled kitchen with white cabinetry, granite countertops, breakfast island, stainless steel appliances including new refrigerator & custom backsplash - master bedroom ensuite with walk-in closet and updated master bath - updated second full bathroom and 1/2 bathroom in lower level

    Lori Cromie Haus & Boden, Ltd.

    Section Image
  • 549 Ascot Ct, Lake Zurich, IL 60047

    $415,000

    • 3 Beds
    • 2 Baths
    • 1,298 Sq Ft
    • 549 Ascot Ct
    • Lake Zurich, IL

    Experience the charm of 549 Ascot Court, a beautifully designed ranch home in the peaceful surroundings of Lake Zurich. Located in the sought-after Sparrow Ridge neighborhood, this home offers the perfect blend of comfort, style, and convenience. Inside, you'll find 1,298 square feet of thoughtfully crafted living space, featuring three bedrooms and two bathrooms. Vaulted ceilings enhance

    Matthew Messel Compass

    Section Image
  • 3 Maria Ct, Lake Zurich, IL 60047

    $449,000

    • 3 Beds
    • 2.5 Baths
    • 2,073 Sq Ft
    • 3 Maria Ct
    • Lake Zurich, IL

    Don't miss this terrific opportunity - a 3-bed, 2 1/2 bath ranch in Quail Run. Spacious living room/dining room when you walk in to the left - or head up the hallway toward the skylit eat-in kitchen. You will also like the open family room featuring hardwood floors anchored by a gas fireplace and sliders out to your patio. Rounding out the main floor are a 1/2 bath as well as a laundry room. Head

    Paul Swanson Baird & Warner

    Section Image
  • 1060 Browning Ln, Lake Zurich, IL 60047

    $365,000

    • 4 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • 1060 Browning Ln
    • Lake Zurich, IL

    Welcome to this inviting 4-bedroom, 2-bath ranch located in the highly sought-after Old Mill Grove neighborhood of Lake Zurich. This spacious home features a huge open living room that flows seamlessly into a cozy family room with a charming wood-burning fireplace-perfect for relaxing evenings. The kitchen offers plenty of potential, while the laundry room includes a large pantry for added

    Ginny Opsahl RE/MAX At Home

    Section Image
  • 589 Shaker Ln, Lake Zurich, IL 60047

    $425,000

    • 3 Beds
    • 2 Baths
    • 1,298 Sq Ft
    • 589 Shaker Ln
    • Lake Zurich, IL

    Move-In-Ready Sunny Ranch, large corner lot, with many improvements! Private fenced back/side yard & covered paver patio for summer bbqs! South-facing front patio overlooks rose garden! Vaulted ceilings throughout, picturesque views from tall living room windows(2021), dining room & kitchen sliders! Eat-in Kitchen features new window(2024), Pantry, KitchenAid Refrigerator/Freezer(2016),

    Pamela Bogan Boemi Baird & Warner

    Section Image
  • 1028 Aspen Ct, Lake Zurich, IL 60047

    $449,000

    • 4 Beds
    • 2.5 Baths
    • 2,589 Sq Ft
    • 1028 Aspen Ct
    • Lake Zurich, IL

    Welcome to 1028 Aspen, a rare waterfront gem in the heart of Lake Zurich! This custom built, one owner home offers four generously-sized bedrooms, two and one-half bathrooms, and a full, unfinished basement with endless potential. Tucked away on a peaceful cul-de-sac, enjoy stunning water views right from your backyard. The flowing layout is perfect for everyday living and entertaining, with

    Diense Baniak Baird & Warner

    Section Image

Source: Midwest Real Estate Data (MRED)

MLS Number: 11744104

Midwest Real Estate Data (MRED)

APN: 14-20-210-004