$340,000
SOLD JUL 29, 2024

33 Terrace Ln Unit G Lake Zurich, IL 60047

3 Beds
2.5 Baths
1,300 Sq Ft
$260/mo HOA Fee

Recently Sold

$262 Per Sq Ft

13% Above List Price

52 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Home Gym
  • May Whitney Elementary School Rated A
  • Steam Shower
  • Stainless Steel Appliances

About This Home

As of July 2024

Newly updated, ground level, ranch style townhome - move in ready! This beautiful home features tons of natural light with several skylights and vaulted ceilings throughout, and a full finished English basement which doubles the living space. Also features updated floors throughout, updated kitchen with white cabinets, quartz countertops, all new stainless steel appliances, and designer fixtures and finishes throughout. Convenient location, close to shopping, easy highway access and Paulus Park on Lake Zurich. This beautiful home is a must see!

Last Agent to Sell the Property

Rebekah Butler

Jameson Sotheby's International Realty License #475192552 Listed on: 05/13/2024

Jameson Sotheby's International Realty

Co-Listed By

Mike Vesole

Jameson Sotheby's Intl Realty License #475112796

Last Buyer's Agent

Cherie Smith Zurek

RE/MAX Suburban License #471003036

RE/MAX Suburban

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,282

Year Built

  • Built in 1990 | Remodeled in 2024

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Gym

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks
  • Steam Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Schools

  • May Whitney Elementary School
  • Lake Zurich Middle - N Campus
  • Lake Zurich High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 4 Units
  • Penny Claiborne Tltaboard@Gmail Association
  • Terrace Lane Subdivision
  • Property managed by Terrace Lane Townhouse Owners Assoc

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,282

Year Built

Built in 1990 | Remodeled in 2024

Lot Details

0

HOA Fees

$260 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-Ranch
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-Ranch
  • Subdivision Name: Terrace Lane
  • Year Built: 1990
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2024
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1
  • Year Renovated: 2024

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full, English
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), First Floor Bedroom, Laundry Hook-Up in Unit
  • Room Type: Exercise Room, Deck
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Steam Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • List Price: 299900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 260
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Terrace Lane Townhouse Owners Assoc
  • Management Contact Name: Penny Claiborne tltaboard@gmail
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: May Whitney Elementary School
  • High School: Lake Zurich High School
  • Middle/Junior School: Lake Zurich Middle - N Campus
  • Middle/Junior School District: 95

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 4281.72
  • Tax Year: 2022

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2024
Sold by
Dematteo Adriano and Dematteo Andrea
Bought by
Dematteo Adriano and De Matteo Andrea
Current Estimated Value
$348,040

Purchase Details

Closed on
May 22, 2024
Sold by
Mc Acquisitions Llc
Bought by
Dematteo Andrea and De Matteo Adriano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2024
Sold by
Sheriff Of Lake County
Bought by
Mc Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $340,000 Fidelity National Title
Sheriffs Deed $200,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $140,000 New Conventional
Previous Owner $166,500 New Conventional
Previous Owner $175,000 Unknown
Previous Owner $17,000 Credit Line Revolving
Previous Owner $498,000 Unknown
Previous Owner $147,000 Balloon
Previous Owner $122,550 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $340,000 +13.4% $262 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $299,900 0.0% $231 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $299,900 0.0% $231 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $299,900 -- $231 / 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 $3,990 $74,728 $13,850 $60,878
2023 $4,282 $66,716 $12,365 $54,351
2022 $4,282 $65,350 $12,127 $53,223
2021 $4,117 $63,675 $11,816 $51,859
2020 $4,042 $63,675 $11,816 $51,859
2019 $3,983 $63,120 $11,713 $51,407
2018 $3,596 $58,361 $12,600 $45,761
2017 $3,567 $57,657 $12,448 $45,209
2016 $3,476 $55,831 $12,054 $43,777
2015 $3,393 $53,177 $11,481 $41,696
2014 $4,573 $67,198 $14,655 $52,543
2012 $4,441 $67,340 $14,686 $52,654
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12054768

Midwest Real Estate Data (MRED)

APN: 14-20-304-012