NOT LISTED FOR SALE

348 Victor Ln Lake Zurich, IL 60047

Estimated Value: $878,000 - $1,103,000

5 Beds
5.5 Baths
4,563 Sq Ft
$223/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $925,000 $203 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,631/month

2 Days on Market

Highlights

  • Home Theater
  • Landscaped Professionally
  • Vaulted Ceiling
  • Kildeer Countryside Elementary School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of June 2022

OVER $200K IN UPDATES! NEW 2 STORY MARBLE FIREPLACE! Masterful design and timeless elegance adorn this beautifully built 6 bedroom, 5.1 bath home nestled in AWARD-WINNING Stevenson High School district with main level bedroom and finished basement. Gleaming hardwood flooring, high ceilings and custom craftsmanship are a few of the finest details abound. $35K on 2021 master bathroom remodel! Top-of-the-line finishes are presented throughout the entire home. Grand two-story foyer welcomes you into the home featuring a sweeping wrought-iron staircase and views into your formal living and dining room. Beautifully updated kitchen is immaculate boasting Wolf, Bosch and SubZero stainless steel appliances, quartzite countertops, massive island with breakfast bar seating, modern light fixtures and eating area with exterior access. Inviting two-story family room is the heart of the home featuring floor to ceiling stone fireplace, exquisite wainscoting and dry-bar. Tucked away for privacy is your second level master bedroom highlighting large extended walk-in closet, sitting room and spa-like ensuite that was fully remodeled offering gorgeous marble, Brizo fixtures, soaking tub, two separate vanities and gorgeous shower with bench. Three additional bedrooms, one with ensuite and two sharing the additional bathroom adorn the second level. Large finished basement is truly an entertainer's dream presenting recreation room with wet-bar, game room, play room, 6th bedroom and full bathroom. Escape to your outdoor oasis providing sun-filled stone and brick patio with built-in firepit and luscious landscaping. True perfection!

Last Agent to Sell the Property

Jane Lee

RE/MAX Top Performers License #471004433 Listed on: 03/10/2022

Last Buyer's Agent

Chirag Thakkar

Seed Realty LLC License #471021860

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,069

Year Built

  • Built in 2006

Lot Details

  • 0.28 Acre Lot
  • Property has an invisible fence for dogs
  • Landscaped Professionally
  • Paved or Partially Paved Lot

HOA Fees

  • $29 Monthly HOA Fees

Parking

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

Home Design

  • Asphalt Roof

Interior Spaces

  • 4,563 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Recreation Room
  • Play Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Brick Porch or Patio
  • Fire Pit

Schools

  • Prairie Elementary School
  • Twin Groves Middle School
  • Adlai E Stevenson High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Power Generator

Community Details

  • Association fees include electricity
  • Howard Silver Association, Phone Number (847) 657-9977
  • Coventry Creek Estates Subdivision
  • Property managed by Coventry Creek Estates HOA

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,069

Year Built

Built in 2006

Lot Details

0

HOA Fees

$29 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Coventry Creek Estates
  • Year Built: 2006
  • Age: 16-20 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): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: Full
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 4563
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;, Generator
  • Room Type: Bedroom 5, Bedroom 6, Eating Area, Play Room, Recreation Room, Media Room, Foyer
  • Estimated Total Finished Sq Ft: 4563
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 4563
  • Basement Sq Ft: 2302
  • Fireplace Location: Family Room
  • Total Sq Ft: 6865
  • Main Level Sq Ft: 4563
  • Bathroom: Full,Double Sink,Tub & Separate Shwr

Exterior Features

  • ExteriorFeatures: Brick Paver Patio, Storms/Screens, Fire Pit, Invisible Fence
  • List Price: 919900
  • Lot Features: Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Type: Eating Area-Breakfast Bar,Eating Area-Table Space,Island,Pantry-Closet,Updated Kitchen

Utilities

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

Condo/Co-op/Association

  • Association Fee: 348
  • Association Fee Frequency: Annually
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Coventry Creek Estates HOA
  • Management Contact Name: Howard Silver
  • Management Phone: 847-657-9977
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Electricity, Other

Schools

  • Elementary School: Prairie Elementary School
  • High School: Adlai E Stevenson High School
  • Middle/Junior School: Twin Groves Middle School
  • Middle/Junior School District: 96

Lot Info

  • Lot Size Acres: 0.277
  • Lot Dimensions: 12066
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 22068.54
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Jun 7, 2022
Sold by
Nasatir and Dana
Bought by
Thakkar Jalpa and Thakkar Hardik
Seller's Agent
Jane Lee
RE/MAX Top Performers
Buyer's Agent
Chirag Thakkar
Seed Realty LLC
List Price
$919,900
Sold Price
$925,000
Premium/Discount to List
$5,100
0.55%
Current Estimated Value
$1,019,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,133
Avg. Annual Appreciation
2.96%
Original Mortgage
$740,000
Outstanding Balance
$690,194
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$328,939

Purchase Details

Closed on
Mar 26, 2016
Sold by
Fogliatti Michael J and Fogliatti Joanne
Bought by
Nasatir Darren and Nasatir Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 24, 2006
Sold by
Laez Zurich One Llc
Bought by
Fogliatti Michael J and Fogliatti Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Thakkar Jalpa $925,000 John T Clery Pc
Nasatir Darren $725,000 Stewart Title
Fogliatti Michael J $800,000 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thakkar Jalpa $740,000
Previous Owner Nasatir Darren $580,000
Previous Owner Fogliatti Michael J $639,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $925,000 +0.6% $203 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $919,900 +26.9% $202 / Sq Ft
07/26/2016 07/26/16 Sold $725,000 -3.3% $159 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
04/22/2016 04/22/16 Price Changed $749,500 -5.0% $164 / Sq Ft
04/01/2016 04/01/16 For Sale $789,000 -- $173 / 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 $26,375 $277,245 $50,568 $226,677
2023 $23,688 $269,799 $49,210 $220,589
2022 $23,688 $239,957 $37,623 $202,334
2021 $22,594 $233,808 $36,659 $197,149
2020 $22,069 $233,808 $36,659 $197,149
2019 $21,416 $231,768 $36,339 $195,429
2018 $21,655 $237,724 $39,090 $198,634
2017 $21,484 $234,859 $38,619 $196,240
2016 $20,748 $225,706 $37,396 $188,310
2015 $20,149 $214,979 $35,619 $179,360
2014 $18,994 $200,477 $42,823 $157,654
2012 $18,054 $200,899 $42,913 $157,986
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11343955

Midwest Real Estate Data (MRED)

APN: 14-22-103-028