NOT LISTED FOR SALE

251 Meadow Ln Lake Zurich, IL 60047

Estimated Value: $436,000 - $473,000

3 Beds
1.5 Baths
2,019 Sq Ft
$223/Sq Ft Est. Value

Last Sold July 11, 2023

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

Est. 14% increase in value since last sale

Current estimated payment $2,994/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 Agent to Sell the Property

Kelly O'Connell-Guzak

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

Home Sweet Home Ryan Realty

Last Buyer's Agent

Karen White

@properties Christie's International Real Estate License #475103396

@properties Christie's International Real Estate

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
  • 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
  • Window Features: Blinds
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • 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

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

Matterport 3D Tour

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%
Views
71
Current Estimated Value
$449,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,529
Avg. Annual Appreciation
5.78%
Original Mortgage
$316,000
Outstanding Balance
$308,235
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$141,294

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%
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
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 $271,200
Previous Owner Clausen Kyle K $124,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11744104

Midwest Real Estate Data (MRED)

APN: 14-20-210-004