NOT LISTED FOR SALE

339 Fairway Rd Lake Zurich, IL 60047

Estimated Value: $440,255 - $585,000

0.14 Acre
$3,737,957 Price per Acre
6,098 Sq Ft Lot

Last Sold June 23, 2020

Last sale price $53,000 $33 Per Sq Ft

Est. 887% increase in value since last sale

Current estimated payment $3,855/month

23 Days on Market

About This Lot

As of June 2020

Land for sale. Buyer to do own due diligence for permitted uses. Information not guaranteed.

Last Agent to Sell the Property

Michael Thomas

@properties Christie's International Real Estate License #475124199 Listed on: 04/18/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Nathan Wilks

Compass License #471019077

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,010

Year Built

  • 1942

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$11,010

Year Built

1942

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential-Estate
  • Utilities To Site: Electric to Site, Gas to Site, Water to Site
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1942

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Acreage: 0.14
  • Frontage Access: City Street
  • Front Footage: 90

Schools

  • School District: 95
  • Junior High Dist: 95

Lot Info

  • Lot Dimensions: 90 X 120
  • Parcel Identification Number: 14183080090000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2021
Sold by
Roca Builders Inc
Bought by
Durga Raghuvar Karthik and Irigineni Nikitha
Total Days on Market
23
Current Estimated Value
$523,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,724
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2020
Closed on
Jun 16, 2020
Sold by
County Of Housing Authority
Bought by
Roca Builders Inc
Seller's Agent
Michael Thomas
@properties Christie's International Real Estate
Buyer's Agent
Nathan Wilks
Compass
List Price
$79,000
Sold Price
$53,000
Premium/Discount to List
-$26,000
-32.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.66%

Purchase Details

Closed on
Sep 1, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Housing Authority County Of Lake

Purchase Details

Closed on
Aug 26, 2010
Sold by
Hustead William and Hustead Amy
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jun 28, 2005
Sold by
Taylor Joseph R and Taylor Nicole M
Bought by
Hustead William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,312
Interest Rate
5.69%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Durga Raghuvar Karthik $496,500 Old Republic Title
Roca Builders Inc -- Regency Title Services Inc
Housing Authority County Of Lake -- Stewart Title Company
The Secretary Of Housing & Urban Develop $240,613 None Available
Hustead William -- Rtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Durga Raghuvar Karthik $446,724
Previous Owner Hustead William $234,312
Previous Owner Taylor Joseph R $144,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2020 06/23/20 Sold $53,000 -32.9% $33 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
04/18/2020 04/18/20 For Sale $79,000 -- $49 / 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 $11,010 $22,093 $22,093 --
2023 $10,631 $147,960 $18,696 $129,264
2022 $10,631 $140,939 $18,335 $122,604
2021 $742 $9,497 $9,497 $0
2020 $729 $9,497 $9,497 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 -- $14,150 $14,150 $0
2012 -- $14,150 $14,150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10693218

Midwest Real Estate Data (MRED)

APN: 14-18-308-009