NOT LISTED FOR SALE

331 N Prairie Ln Lake Zurich, IL 60047

Estimated Value: $290,000 - $338,000

3 Beds
1 Bath
1,088 Sq Ft
$285/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $250,500 $230 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,010/month

3 Days on Market

Highlights

  • Attached Garage
  • 1-Story Property
  • 2-minute walk to Heatherleigh Park
  • May Whitney Elementary School Rated A

About This Home

As of November 2021

Beautiful move-in ready 3 bedroom 1 bathroom ranch featuring stylish open concept living room and kitchen. Completely remodeled with new kitchen cabinets, appliances, bathroom vanity, doors, trim, vinyl flooring throughout, and LED lighting. New A/C and furnace and newer roof and water heater! Walking distance to the library and downtown Lake Zurich for events like parades, Rock the Block, and AlpineFest. Children grades pre-Kindergarden through 5th would attend the brand new May Whitney Elementary School.

Last Agent to Sell the Property

Matthew Messel

Compass License #475173623 Listed on: 09/20/2021

Compass

Co-Listed By

Nicholas Blackshaw

Compass License #475168518

Last Buyer's Agent

Susan Ferry

Keller Williams Success Realty License #475128822

Keller Williams Success Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,392

Year Built

  • 1957

Lot Details

  • 8,276

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,392

Year Built

1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Ranch
  • Co List Office Mls Id: MRD6179
  • Co List Office Phone: (847) 242-7600
  • Directions: RT 22 TO OLD RAND RD S 2 EVERGREEN W 2 PRAIRIE N TO 331
  • Lot Size: 60X150
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1957

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Other Equipment: Ceiling Fan(s)
  • Dining Room Type: No additional rooms

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Patio, Porch
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway
  • Number of Cars: 3
  • Driveway: Brick,Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Garage Spaces: 1
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: May Whitney Elementary School
  • High School: Lake Zurich High School
  • Junior High Dist: 95
  • Middle Or Junior School: Lake Zurich Middle - N Campus

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4222.12
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Oct 29, 2021
Sold by
Young Dale L and Young Donna A
Bought by
Hermosillo Andres and Yaccino Aisha
Seller's Agent
Matthew Messel
Compass
Buyer's Agent
Susan Ferry
Keller Williams Success Realty
List Price
$250,000
Sold Price
$250,500
Premium/Discount to List
$500
0.2%
Current Estimated Value
$310,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,541
Avg. Annual Appreciation
5.48%
Original Mortgage
$242,985
Outstanding Balance
$225,925
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$82,486

Purchase Details

Closed on
Aug 28, 2008
Sold by
Reo Llc
Bought by
Young Dale and Young Donna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2008
Sold by
Martinez Fredy and Second Fsla Of Chicago
Bought by
Reo Llc

Purchase Details

Closed on
Aug 17, 2004
Sold by
Hernandez Jacobo and Guzman Susana
Bought by
Martinez Fredy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,525
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2003
Sold by
Hernandez Jacobo and Guzman Susana
Bought by
Hernandez Jacobo and Guzman Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 10, 1999
Sold by
Syverson Robert C
Bought by
Hernandez Jacobo and Merino Hugo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,583
Interest Rate
8.21%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 1997
Sold by
Hapke Erwin C and Hapke Mary Ann
Bought by
Syverson Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
7.2%
Source: Public Records

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
Hermosillo Andres $250,500 Proper Title Llc
Young Dale $156,000 Citywide Title Corporation
Reo Llc -- None Available
Martinez Fredy $219,500 Multiple
Hernandez Jacobo -- --
Hernandez Jacobo $136,500 --
Syverson Robert C $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hermosillo Andres $242,985
Previous Owner Young Dale $117,000
Previous Owner Martinez Fredy $208,525
Previous Owner Hernandez Jacobo $135,000
Previous Owner Hernandez Jacobo $135,583
Previous Owner Syverson Robert C $97,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $250,500 +0.2% $230 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $250,000 -- $230 / 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 $4,392 $70,189 $20,162 $50,027
2023 $4,046 $63,834 $18,336 $45,498
2022 $4,046 $57,356 $18,880 $38,476
2021 $4,368 $55,886 $18,396 $37,490
2020 $4,289 $55,886 $18,396 $37,490
2019 $4,222 $55,399 $18,236 $37,163
2018 $4,390 $57,738 $18,681 $39,057
2017 $4,361 $57,042 $18,456 $38,586
2016 $4,282 $55,236 $17,872 $37,364
2015 $4,232 $52,611 $17,023 $35,588
2014 $4,310 $52,992 $18,837 $34,155
2012 $4,095 $53,104 $18,877 $34,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11223759

Midwest Real Estate Data (MRED)

APN: 14-20-211-006