3 Summit Terrace Lake Zurich, IL 60047
Estimated Value: $321,147 - $400,000
Studio
2
Baths
1,680
Sq Ft
$217/Sq Ft
Est. Value
About This Home
This home is located at 3 Summit Terrace, Lake Zurich, IL 60047 and is currently estimated at $364,787, approximately $217 per square foot. 3 Summit Terrace is a home located in Lake County with nearby schools including Seth Paine Elementary School, Lake Zurich Middle School North, and Lake Zurich High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 29, 2018
Sold by
Weber Steven M and Weber Patricia R
Bought by
Weber Steven M and Weber Patricia R
Current Estimated Value
Purchase Details
Closed on
Oct 28, 1998
Sold by
Weber Steven M and Weber Patricia R
Bought by
Weber Steven M and Weber Patricia R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Outstanding Balance
$17,996
Interest Rate
7.01%
Estimated Equity
$346,791
Purchase Details
Closed on
Oct 19, 1993
Sold by
Weber Steven M and Weber Patricia R
Bought by
Weber Steven M and Weber Patricia R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.02%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Weber Steven M | -- | Attorney | |
| Weber Steven M | -- | Chicago Title Insurance Co | |
| Weber Steven M | -- | Intercounty Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Weber Steven M | $79,500 | |
| Closed | Weber Steven M | $70,000 |
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 | $6,702 | $101,506 | $22,287 | $79,219 |
| 2023 | $5,913 | $93,187 | $20,460 | $72,727 |
| 2022 | $5,913 | $81,062 | $15,182 | $65,880 |
| 2021 | $5,704 | $78,985 | $14,793 | $64,192 |
| 2020 | $5,601 | $78,985 | $14,793 | $64,192 |
| 2019 | $5,516 | $78,296 | $14,664 | $63,632 |
| 2018 | $5,120 | $73,380 | $15,777 | $57,603 |
| 2017 | $5,084 | $72,496 | $15,587 | $56,909 |
| 2016 | $4,977 | $70,200 | $15,093 | $55,107 |
| 2015 | $4,896 | $66,864 | $14,376 | $52,488 |
| 2014 | $5,067 | $68,279 | $13,615 | $54,664 |
| 2012 | $5,082 | $68,423 | $13,644 | $54,779 |
Source: Public Records
Map
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