3 Craig Terrace Unit 2 Lake Zurich, IL 60047
Estimated Value: $296,000 - $318,000
3
Beds
1
Bath
1,485
Sq Ft
$206/Sq Ft
Est. Value
Highlights
- Deck
- Vaulted Ceiling
- Wood Flooring
- Seth Paine Elementary School Rated A
- Ranch Style House
- Heated Sun or Florida Room
About This Home
As of February 2020ONLY BLOCKS TO THE LAKE! Walk or bike to the lake from this beautiful ranch located on a quiet cul-de-sac, in a very desirable area. Every room in the house has been freshly painted from top to bottom with light, neutral tones. There are beautiful hardwood floors in the bedrooms and hall area, a vaulted ceiling in the main living area, and custom crown molding and wainscoting throughout the home The large eat in kitchen is light and bright, with a skylight, recessed lights, new stainless appliances, a pantry, and a separate door going out to the covered front porch. Entertain family and friends in the separate dining room, or bask in the warm sunshine from your sun-room, with a wall of sliding glass doors going out to the back private patio. Cozy up by the wood burning fireplace on those chilly evenings, located in the large living room with a vaulted ceiling and great ceiling fan! The separate Laundry room has a brand new washer and a separate sink for those extra messy days. There is plenty of storage in the house, and an attic with pull down stairs. An extra large two car garage, with an 18'x6' attached workshop behind it will store your cars and bikes, and a separate shed in the yard for toys and lawn tools. This home has a great yard with plenty of room for the kids to play! Lovingly cared for inside and out, your new home is MOVE-IN READY! Quick close possible. Come out and see it today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,448
Year Built
- Built in 1952
Lot Details
- 9,744 Sq Ft Lot
- Lot Dimensions are 75x128
- Cul-De-Sac
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Space is Owned
Home Design
- Ranch Style House
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,485 Sq Ft Home
- Built-In Features
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Wood Burning Fireplace
- Entrance Foyer
- Living Room with Fireplace
- Formal Dining Room
- Heated Sun or Florida Room
- Wood Flooring
Kitchen
- Range with Range Hood
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Basement
- Sump Pump
- Crawl Space
Outdoor Features
- Deck
- Patio
- Porch
Schools
- Seth Paine Elementary School
- Lake Zurich Middle - N Campus
- Lake Zurich High School
Utilities
- Central Air
- Vented Exhaust Fan
- Heating System Uses Natural Gas
- Water Softener is Owned
Community Details
- Lake Zurich Manor Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2020
Closed on
Feb 20, 2020
Sold by
Lightner Patrick G and Lightner Anglea D
Bought by
Defranco Josephine and Defranco Carlo
Seller's Agent
Mary Knauf
Baird & Warner
Buyer's Agent
Fran Reinholtz
Baird & Warner
List Price
$230,000
Sold Price
$219,000
Premium/Discount to List
-$11,000
-4.78%
Total Days on Market
5
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
$86,381
Avg. Annual Appreciation
6.51%
Purchase Details
Closed on
Oct 2, 2012
Sold by
Lightner Patrick G and Lightner Angela D
Bought by
Lightner Patrick G and Lightner Angela D
Purchase Details
Closed on
Oct 15, 1996
Sold by
Paulsen William R
Bought by
Lightner Patrick G and Lightner Angela D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
8.32%
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 |
|---|---|---|---|
| Defranco Josephine | $219,000 | Old Republic Title | |
| Lightner Patrick G | -- | None Available | |
| Lightner Patrick G | $140,000 | Ticor Title Insurance Compan |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lightner Patrick G | $90,000 | |
| Previous Owner | Lightner Patrick G | $75,000 | |
| Previous Owner | Lightner Patrick G | $131,000 | |
| Previous Owner | Lightner Patrick G | $118,390 | |
| Previous Owner | Lightner Patrick G | $126,000 | |
| Previous Owner | Lightner Patrick G | $126,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/20/2020 02/20/20 | Sold | $219,000 | -4.8% | $147 / Sq Ft |
| 02/06/2020 02/06/20 | Pending | -- | -- | -- |
| 02/01/2020 02/01/20 | For Sale | $230,000 | -- | $155 / 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 | $5,879 | $90,108 | $19,844 | $70,264 |
| 2023 | $5,406 | $82,725 | $18,218 | $64,507 |
| 2022 | $5,406 | $74,624 | $13,506 | $61,118 |
| 2021 | $5,214 | $72,712 | $13,160 | $59,552 |
| 2020 | $5,580 | $72,712 | $13,160 | $59,552 |
| 2019 | $5,493 | $72,078 | $13,045 | $59,033 |
| 2018 | $4,419 | $58,116 | $14,032 | $44,084 |
| 2017 | $4,390 | $57,416 | $13,863 | $43,553 |
| 2016 | $4,310 | $55,598 | $13,424 | $42,174 |
| 2015 | $4,260 | $52,956 | $12,786 | $40,170 |
| 2014 | $3,440 | $48,284 | $12,875 | $35,409 |
| 2012 | $3,555 | $48,386 | $12,902 | $35,484 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Knauf
Seller's Agent in 2020
Mary Knauf
Baird Warner
(815) 345-9553
31 Total Sales
-
Fran Reinholtz
F
Buyer's Agent in 2020
Fran Reinholtz
Baird Warner
10 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10624531
APN: 14-18-211-016
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