272 W Main St Lake Zurich, IL 60047
Estimated Value: $542,000 - $650,735
5
Beds
2
Baths
3,228
Sq Ft
$185/Sq Ft
Est. Value
Highlights
- Lake Front
- Boat Slip
- Wood Flooring
- May Whitney Elementary School Rated A
- Wooded Lot
- Main Floor Bedroom
About This Home
As of May 2016CHARMING 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,906
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
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%
Total Days on Market
253
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
$265,434
Avg. Annual Appreciation
6.24%
Original Mortgage
$200,000
Outstanding Balance
$163,049
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$409,634
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
$163,049
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$409,634
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
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
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 |
|---|---|---|---|
| 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
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 | $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
-
Frank Cincotta
Seller's Agent in 2016
Frank Cincotta
RE/MAX Suburban
(847) 577-9797
25 Total Sales
-
Seller Co-Listing Agent in 2016
Leslie Radzin
RE/MAX Suburban
-
Tom Glusic
Buyer's Agent in 2016
Tom Glusic
Coldwell Banker Realty
(847) 456-7292
82 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD08977112
APN: 14-20-100-028
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