254 N Old Rand Rd Lake Zurich, IL 60047
Estimated Value: $531,000 - $821,000
4
Beds
3
Baths
2,400
Sq Ft
$278/Sq Ft
Est. Value
Highlights
- Living Room with Fireplace
- Detached Garage
- 2-minute walk to Breezewald Park
- May Whitney Elementary School Rated A
- Combination Kitchen and Dining Room
About This Home
As of February 2022Think SUMMER 2022! A lifestyle enjoyed by few can be yours with one of Lake Zurich's most iconic homes. Enjoy a lakefront lifestyle with spectacular ever-changing views of Lake Zurich and the wooded homesite. Lake access with boat docks and a sandy beach is just across the street! Seasonal boat docking is available on a limited basis on an "as available basis". 2021 docking fees were $250 for the season. A nearly one half acre wooded and beautifully landscaped homesite features oak, maple, hickory pine, magnolia & pine trees. Inside you will note the high quality construction with 12 x 6 exposed beams, tongue-in-grove planked ceilings, hardwood floors and more! This home is simply extraordinary....spectacular views from virtually every room, entertainment sized decks, a look-out basement with exterior access. Oakwood Beach Association offers a variety of social activities, check out their FB page. Owner will require time to purchase another home, as such, the closing date needs to be "fluid" for a few weeks.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,288
Year Built
- 1966
Lot Details
- 0.44
HOA Fees
- $21 per month
Parking
- Detached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Interior Spaces
- 2,400 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Combination Kitchen and Dining Room
Partially Finished Basement
- Exterior Basement Entry
- Fireplace in Basement
- Recreation or Family Area in Basement
- Finished Basement Bathroom
- Basement Lookout
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2021
Closed on
Jan 31, 2022
Sold by
Katrin Gerdts Trust
Bought by
Trailer Park Trust
Seller's Agent
Michael Rein
Baird & Warner
Buyer's Agent
Constance Y. Antoniou
Jameson Sotheby's International Realty
List Price
$697,900
Sold Price
$620,000
Premium/Discount to List
-$77,900
-11.16%
Total Days on Market
20
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
$47,031
Avg. Annual Appreciation
2.23%
Purchase Details
Closed on
Jan 31, 2011
Sold by
Gerdts Katrin
Bought by
Gerdts Katrin and Katrin Gerdts Trust #10E17
Purchase Details
Closed on
Nov 23, 2010
Sold by
Gagliardi John F and Gerdts Katrin
Bought by
Gerdts Katrin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 20, 1998
Sold by
Gagliardi John F and Gerdts Katrin
Bought by
Gagliardi John F and Gerdts Katrin
Purchase Details
Closed on
Apr 30, 1998
Sold by
Telthorst George M and Telthorst Christine F
Bought by
Gagliardi John F and Gerdts Katrin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,200
Interest Rate
7.2%
Purchase Details
Closed on
Sep 27, 1994
Sold by
Christensen Irvin and Christensen Carolyn
Bought by
Telthorst George M and Telthorst Christine F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
8.25%
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Similar Homes in Lake Zurich, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Trailer Park Trust | $620,000 | Baird & Warner Title | |
| Gerdts Katrin | -- | None Available | |
| Gerdts Katrin | -- | Chicago Title Insurance Co | |
| Gagliardi John F | -- | -- | |
| Gagliardi John F | $255,000 | 1St American Title | |
| Telthorst George M | $314,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gerdts Katrin | $200,000 | |
| Previous Owner | Gerdts Katrin | $192,000 | |
| Previous Owner | Gerdts Katrin | $190,000 | |
| Previous Owner | Gagliardi John F | $205,900 | |
| Previous Owner | Gagliardi John F | $201,300 | |
| Previous Owner | Gagliardi John F | $203,200 | |
| Previous Owner | Telthorst George M | $210,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/01/2022 02/01/22 | Sold | $620,000 | -11.2% | $258 / Sq Ft |
| 11/18/2021 11/18/21 | Pending | -- | -- | -- |
| 10/28/2021 10/28/21 | For Sale | $697,900 | -- | $291 / 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 | $12,288 | $174,612 | $32,702 | $141,910 |
| 2023 | $10,246 | $160,647 | $29,742 | $130,905 |
| 2022 | $10,246 | $130,051 | $30,624 | $99,427 |
| 2021 | $9,289 | $126,718 | $29,839 | $96,879 |
| 2020 | $9,121 | $126,718 | $29,839 | $96,879 |
| 2019 | $8,981 | $125,613 | $29,579 | $96,034 |
| 2018 | $9,313 | $129,958 | $30,307 | $99,651 |
| 2017 | $9,280 | $127,367 | $29,942 | $97,425 |
| 2016 | $9,097 | $123,334 | $28,994 | $94,340 |
| 2015 | $8,967 | $117,472 | $27,616 | $89,856 |
| 2014 | $8,829 | $114,530 | $27,455 | $87,075 |
| 2012 | $8,400 | $114,771 | $27,513 | $87,258 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Rein
Seller's Agent in 2022
Michael Rein
Baird Warner
(847) 208-4189
16 in this area
136 Total Sales
-
Constance Y. Antoniou
Buyer's Agent in 2022
Constance Y. Antoniou
Jameson Sotheby's International Realty
(847) 508-7775
20 in this area
179 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11239721
APN: 14-17-307-003
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