$246,000
SOLD AUG 23, 2022

35 Terrace Ln Unit C Lake Zurich, IL 60047

2 Beds
2.5 Baths
1,350 Sq Ft
$260/mo HOA Fee

Recently Sold

$182 Per Sq Ft

3% Above List Price

1 Day on Market

Highlights

  • Recreation Room
  • Vaulted Ceiling
  • Soaking Tub
  • May Whitney Elementary School Rated A
  • 1 Car Detached Garage
  • Patio

About This Home

As of August 2022

Beautiful recently remodeled townhouse with plenty of character. This 2Bed, 2.5Bath charmer welcomes you with a separate entryway, leading into both a well-appointed kitchen and a large living room. The kitchen easily becomes the heart of the home with its wooden cabinets and doors, as well as a built-in pantry, newer appliances and a beautiful tile floor. Coupled with a large, charming breakfast nook and lots of natural light, the kitchen is most definitely the place to be. The living room features gorgeous newer flooring. Opening up to a back patio overlooking a private green space, this home is perfect for entertaining or enjoying your early morning coffee in your own comfort. The second floor consists of a master and a guest bedroom with newer carpet. The generous master easily contains a king bed as well as any other desired bedroom furniture and has its own ensuite. As a bonus, the basement is fully finished with lovely wood wainscoting and has carpet throughout. In addition, a separate laundry room is located in the basement. A 1 car garage is included, as well as additional resident and guest parking outside. The home is located in a premier school district. Walking distance to Paulus Park, Beach, Farmers market and shopping. Overall, a charming and cozy home with plenty of space, comfort and character in the most convenient location, so come and see it today!

Last Agent to Sell the Property

Julia Cherepova

HomeStar Agency License #471022298 Listed on: 07/07/2022

HomeStar Agency

Last Buyer's Agent

Lucero Mateos

Compass License #475175045

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,991

Year Built

  • Built in 1991 | Remodeled in 2021

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 1,350 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Living Room
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 4 Units

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,991

Year Built

Built in 1991 | Remodeled in 2021

Lot Details

0

HOA Fees

$260 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Year Built: 1991
  • 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: 2021
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings
  • LivingArea: 1350
  • Room Type: Recreation Room
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Brick/Mortar
  • List Price: 239900
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 260
  • Association Amenities: School Bus
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • 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

  • Lot Dimensions: 0
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 3991.02
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Aug 23, 2022
Sold by
Mekhrob Nurullaev
Bought by
Nelson Joshua
Seller's Agent
Julia Cherepova
HomeStar Agency
Buyer's Agent
Lucero Mateos
Compass
List Price
$239,900
Sold Price
$246,000
Premium/Discount to List
$6,100
2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%
Original Mortgage
$241,544
Outstanding Balance
$231,731
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$38,768

Purchase Details

Closed on
Aug 31, 2005
Sold by
Kutzer Jeffrey M and Kutzer Angel
Bought by
Watts Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,450
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Warranty Deed $246,000 --
Warranty Deed $210,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $241,544 FHA
Previous Owner $183,300 New Conventional
Previous Owner $188,000 Unknown
Previous Owner $189,450 Fannie Mae Freddie Mac
Previous Owner $7,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Pending -- -- --
07/16/2025 07/16/25 For Sale $299,000 +21.5% $221 / Sq Ft
08/23/2022 08/23/22 Sold $246,000 +2.5% $182 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $239,900 +14.2% $178 / Sq Ft
09/09/2021 09/09/21 Sold $210,000 -6.6% $156 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $224,900 -- $167 / 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 $144 $2,057 $381 $1,676
2023 $149 $1,836 $340 $1,496
2022 $149 $1,893 $334 $1,559
2021 $144 $1,844 $325 $1,519
2020 $142 $1,844 $325 $1,519
2019 $139 $1,828 $322 $1,506
2018 $274 $3,601 $347 $3,254
2017 $274 $3,558 $343 $3,215
2016 $267 $3,445 $332 $3,113
2015 $264 $3,281 $316 $2,965
2014 $280 $3,441 $289 $3,152
2012 $266 $3,449 $290 $3,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11457449

Midwest Real Estate Data (MRED)

APN: 14-20-304-030