NOT LISTED FOR SALE

272 W Main St Lake Zurich, IL 60047

Estimated Value: $646,000 - $716,000

5 Beds
2 Baths
3,228 Sq Ft
$210/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $332,500 $103 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $4,573/month

253 Days on Market

Highlights

  • Lake Front
  • Boat Slip
  • Wood Flooring
  • May Whitney Elementary School Rated A
  • Wooded Lot
  • Main Floor Bedroom

About This Home

As of May 2016

CHARMING 1860s FARMHOUSE; 3228 SF, 1.4 ACRE WOODED LOT, PRIVATE LAKE ACCESS IN DOWNTOWN REDEVELOPMENT DISTRICT. (motor boats allowed). This classic farmhouse features an updated kitchen, FPs in the LR & DR, plank flooring, plaster walls, mahogany railing, custom moldings, front & rear stairs, updated vinyl siding, roof & windows, newer garage, wrap-around porch, boat dock on the lake and public water and sewer. Bring your ideas and contractor; renovate this house. NOTE: due to its much larger than typical lot size, and Lake Zurich's R-4 Zoning Guidelines we have investigated the possibility of dividing off the southern portion of this site resulting in a potential separate, half acre+-, buildable lot that can then be sold to recover renovation costs for the house. The Village of Lake Zurich has given very positive indications that this is possible to do although a formal subdivision application and village approval has not been obtained. Call for more information.

Last Agent to Sell the Property

Frank Cincotta

RE/MAX Suburban License #475105166 Listed on: 07/09/2015

RE/MAX Suburban

Co-Listed By

Leslie Radzin

RE/MAX Suburban

Last Buyer's Agent

Tom Glusic

Coldwell Banker Realty License #471007098

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,813

Year Built

  • 1865

Lot Details

  • Lake Front
  • Corner Lot
  • Wooded Lot

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Gravel Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Wood Burning Fireplace
  • Utility Room with Study Area
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Basement Cellar
  • Crawl Space

Outdoor Features

  • Boat Slip
  • Porch

Location

  • Property is near a bus stop

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Water Rights

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,813

Year Built

1865

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Farmhouse
  • Type Detached: 2 Stories
  • Estimated Year Built: 1865
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1865

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 9
  • Living Room: Dimensions: 14X16, On Level: Main Level, Flooring: Other, Windows: None
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Disposal
  • Fireplace Details: Wood Burning
  • Attic: Dormer, Unfinished
  • Fireplace Location: Living Room
  • Basement: Partial
  • Basement: Unfinished, Crawl, Cellar, Exterior Access
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 16X18, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 18X17, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Study
  • Master Bedroom: Dimensions: 16X16, On Level: 2nd Level, Flooring: Other, Windows: None
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 14X13, On Level: Main Level, Flooring: Other, Windows: None
  • Additional Room 2 Name: Study, Dimensions: 16X15, On Level: Main Level, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 14X13, On Level: 2nd Level, Flooring: Other, Windows: None
  • Bedroom 3: Dimensions: 17X13, On Level: 2nd Level, Flooring: Other, Windows: None
  • Bedroom 4: Dimensions: 12X9, On Level: 2nd Level, Flooring: Other, Windows: None
  • Estimated Sq Ft: 3228
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Stone
  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Porch, Boat Slip
  • Acreage: 1.44

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt, Gravel
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam, Baseboard

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 95
  • Elementary School: MAY WHITNEY ELEMENTARY SCHOOL
  • Middle School: LAKE ZURICH MIDDLE - N CAMPUS
  • High School: LAKE ZURICH HIGH SCHOOL
  • Junior High Dist: 95

Lot Info

  • Lot Dimensions: 228X232.7X272X222.87 ++
  • Lot Description: Corner, Lake Front, Water Rights, Wooded
  • Parcel Identification Number: 14201000280000

Tax Info

  • Taxes: 12600.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2015
Closed on
Jun 15, 2016
Sold by
Rylko Thomas and Rylko Katherine
Bought by
Rylko Thomas M and Rylko Katherine S
Seller's Agent
Frank Cincotta
RE/MAX Suburban
Buyer's Agent
Tom Glusic
Coldwell Banker Realty
List Price
$599,900
Sold Price
$332,500
Premium/Discount to List
-$267,400
-44.57%
Current Estimated Value
$677,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,505
Avg. Annual Appreciation
6.48%
Original Mortgage
$200,000
Outstanding Balance
$161,795
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$436,139

Purchase Details

Listed on
Jul 9, 2015
Closed on
May 23, 2016
Sold by
Snelten Peter J and Snelten Lora L
Bought by
Rylko Thomas and Rylko Katherine
Seller's Agent
Frank Cincotta
RE/MAX Suburban
Buyer's Agent
Tom Glusic
Coldwell Banker Realty
List Price
$599,900
Sold Price
$332,500
Premium/Discount to List
-$267,400
-44.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$161,795
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$436,139

Purchase Details

Closed on
Mar 22, 2005
Sold by
Snelten Snelten Jeffrey Jeffrey and Snelten Lins Sharon
Bought by
Snelten Peter J and Snelten Jeffrey A

Purchase Details

Closed on
May 18, 2004
Sold by
Snelten Snelten Jeffrey Jeffrey and Snelten Lins Sharon
Bought by
Snelten Snelten Jeffrey Jeffrey and Snelten Lins Sharon

Purchase Details

Closed on
Oct 9, 2003
Sold by
Snelten Peter J
Bought by
Snelten Peter and Snelten Survivors Trust

Purchase Details

Closed on
Aug 24, 2002
Sold by
Snelten Peter J and Snelten Carole M
Bought by
Snelten Peter and Snelten Carole M
Source: Public Records

Range of Values:

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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
Rylko Thomas M -- Attorney
Rylko Thomas $332,500 Attorney
Snelten Peter J -- --
Snelten Snelten Jeffrey Jeffrey -- --
Snelten Peter -- --
Snelten Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rylko Thomas $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $332,500 -15.8% $103 / Sq Ft
03/18/2016 03/18/16 Pending -- -- --
03/16/2016 03/16/16 Price Changed $395,000 -12.2% $122 / Sq Ft
02/10/2016 02/10/16 Price Changed $450,000 -10.0% $139 / Sq Ft
11/27/2015 11/27/15 Price Changed $499,900 -16.7% $155 / Sq Ft
07/09/2015 07/09/15 For Sale $599,900 -- $186 / 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 $11,813 $173,905 $61,182 $112,723
2023 $11,906 $158,163 $55,644 $102,519
2022 $11,906 $157,133 $57,295 $99,838
2021 $11,496 $153,107 $55,827 $97,280
2020 $11,289 $153,107 $55,827 $97,280
2019 $11,116 $151,771 $55,340 $96,431
2018 $4,597 $121,623 $63,393 $58,230
2017 $8,728 $120,157 $62,629 $57,528
2016 $8,556 $116,352 $60,646 $55,706
2015 $11,572 $149,856 $57,764 $92,092
2014 $12,502 $159,686 $63,219 $96,467
2012 $11,890 $160,022 $63,352 $96,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08977112

Midwest Real Estate Data (MRED)

APN: 14-20-100-028