NOT LISTED FOR SALE

297 Sandy Point Ln Unit 297 Lake Zurich, IL 60047

Estimated Value: $524,000 - $587,000

3 Beds
2 Baths
1,801 Sq Ft
$307/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $350,000 $194 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,263/month

39 Days on Market

Highlights

  • Lake Front
  • Beach
  • Heated Floors
  • May Whitney Elementary School Rated A
  • Boat Slip
  • Deck

About This Home

As of June 2014

Completely renovated from top to bottom, this end unit is a rare find, located directly on Lake Zurich! Stunning views from floor-to-ceiling windows. Open floor plan with beautiful, wide-plank hardwood floors, soaring ceilings, gas-burning fireplace, granite countertops, 42-inch cabinets, and SS appliances. Large master bedroom with walk-in closet and fully renovated ensuite bathroom. Boat slip included.

Last Listed By

Santos Velazquez

Home Owners Realty, Inc. License #471009771 Listed on: 03/04/2014

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,263

Year Built

  • 1990

Lot Details

  • Lake Front
  • End Unit

HOA Fees

  • $512 per month

Parking

  • Attached Garage
  • Parking Available
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Visitor Parking
  • Parking Included in Price
  • Garage Is Owned
  • Unassigned Parking

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Attached Fireplace Door
  • See Through Fireplace
  • Loft
  • Water Views
  • Attic

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Double Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Boat Slip
  • Balcony
  • Deck

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas
  • Shared Well

Community Details

Recreation

  • Beach

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,263

Year Built

1990

Lot Details

0

HOA Fees

$512 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1990
  • Type Attached: Townhouse-2 Story, Townhouse-TriLevel
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1990

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, Heated Floors, 1st Floor Laundry, 1st Floor Full Bath, Laundry Hook-Up in Unit
  • Number Of Rooms: 8
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, TV-Cable, Fire Sprinklers, CO Detectors, Ceiling Fan
  • Fireplace Details: See through/Multi Sided, Wood Burning, Attached Fireplace Doors/Screen, Gas Starter
  • Fireplace Location: Family Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Double Shower
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 07X05, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 16X9, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Pantry-Closet
  • Additional Rooms: Attic, Balcony, Loft, Pantry, Walk In Closet
  • Master Bedroom: Dimensions: 16X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Loft, Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 2 Name: Attic, Dimensions: 15X20, On Level: Attic, Flooring: Wood Laminate, Windows: None
  • Bedroom 2: Dimensions: 16X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 3 Name: Pantry, Dimensions: 02X03, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 3: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 4 Name: Walk in Closet, Dimensions: 08X05, On Level: Main Level, Flooring: Carpet, Windows: None
  • Additional Room 5 Name: Balcony, Dimensions: 08X10, On Level: Main Level, Flooring: Other, Windows: None
  • Estimated Sq Ft: 1801
  • Family Room: Dimensions: 19X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Aluminum Siding, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Deck, Boat Slip, End Unit
  • Exposure: Lake/Water

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage, Space/s
  • Parking Details: Unassigned, Visitor Parking, Driveway
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Well-Shared
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Baseboard

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Boat Dock
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Lake Rights
  • Assessment Association Fees: 512
  • Management Contact Name: KATHY ROSE
  • Management Phone: 952-278-1700

Fee Information

  • Management Company: CORNERSTONE MANAGEMENT

Schools

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

Lot Info

  • Lot Dimensions: COMMOM
  • Lot Description: Beach, Lake Front, Water View
  • Parcel Identification Number: 14184030940000

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 2

Tax Info

  • Taxes: 8596

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2024
Sold by
Richter Richard A and Richter Suzanne
Bought by
Richard A Richter Revocable Trust and Richter
Total Days on Market
39
Current Estimated Value
$552,367

Purchase Details

Listed on
Mar 4, 2014
Closed on
Jun 26, 2014
Sold by
Hildebrandt Barbara J
Bought by
Richter Richard A and Richter Suzanne
Seller's Agent
Santos Velazquez
Home Owners Realty, Inc.
Buyer's Agent
Alice Scifo
RE/MAX Advisors
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$280,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2011
Sold by
Hildebrandt Mark R and Hildebrandt Barbara
Bought by
Hildebrandt Barbara J and Barbara J Hildebrandt Trust

Purchase Details

Closed on
Jan 5, 2011
Sold by
The Bank Of New York Mellon
Bought by
Hildebrandt Mark R and Hildebrandt Barbara

Purchase Details

Closed on
Apr 10, 2009
Sold by
Mitrenga Thaddeus
Bought by
Bank Of New York and Bsalta 2005-02

Purchase Details

Closed on
Sep 29, 2004
Sold by
Secord Linda and Harvey Wild Linda
Bought by
Mitrenga Thaddeus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 15, 1994
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Harvey Wild Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,800
Interest Rate
9.19%

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
Richard A Richter Revocable Trust -- None Listed On Document
Richter Richard A $350,000 Attorneys Title Guaranty Fun
Hildebrandt Barbara J -- None Available
Hildebrandt Mark R $226,000 Forum Title Insurance Co
Bank Of New York -- None Available
Mitrenga Thaddeus $385,000 Chicago Title Insurance Comp
Harvey Wild Linda $213,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richter Richard A $265,200
Previous Owner Richter Richard A $280,000
Previous Owner Mitrenga Thaddeus $50,000
Previous Owner Mitrenga Thaddeus $308,000
Previous Owner Harvey Wild Linda $185,000
Previous Owner Harvey Wild Linda $170,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $350,000 -2.5% $194 / Sq Ft
04/12/2014 04/12/14 Pending -- -- --
03/24/2014 03/24/14 For Sale $359,000 +2.6% $199 / Sq Ft
03/19/2014 03/19/14 Off Market $350,000 -- --
03/08/2014 03/08/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $359,000 -- $199 / 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 $8,263 $120,461 $27,079 $93,382
2022 $8,263 $110,891 $26,556 $84,335
2021 $7,975 $108,049 $25,875 $82,174
2020 $7,831 $108,049 $25,875 $82,174
2019 $8,424 $116,453 $25,649 $90,804
2018 $7,996 $111,195 $27,590 $83,605
2017 $7,940 $109,854 $27,257 $82,597
2016 $7,782 $116,965 $26,394 $90,571
2015 $8,479 $111,406 $25,140 $86,266
2014 $9,048 $111,231 $29,120 $82,111
2012 $8,596 $111,465 $29,181 $82,284
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08549927

Midwest Real Estate Data (MRED)

APN: 14-18-403-094