$365,000
SOLD OCT 4, 2021 RENTED JUL 1, 2025

38 Lakeview Place Lake Zurich, IL 60047

3 Beds
2.5 Baths
2,220 Sq Ft
$286/mo HOA Fee

Recently Sold

$164 Per Sq Ft

5% Below List Price

3 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Balcony
  • May Whitney Elementary School Rated A
  • Den
  • 2-minute walk to Breezewald Park

About This Home

As of October 2021

Rare find with beautiful lake views!!! Experience luxury living in this much sought after community. This home sits in the best location in Somerset Townhomes. It boasts 3 bedrooms, 2 full & 1 half baths, and a 2-car garage, and cathedral ceilings. Hardwood floors on the main level, with a spacious kitchen, and lots of natural light. This unit townhome will not last, see it before it's gone! Downtown location; close to shopping & restaurants. You have views of beautiful Lake Zurich from the Master Bedroom, Master Bathroom, Family Room, Den and both decks!! Award winning school system!!

Last Agent to Sell the Property

Ryan Cherney

Circle One Realty License #471019427 Listed on: 07/28/2021

Last Buyer's Agent

Tara Lubin

RE/MAX Top Performers License #475178611

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,938

Year Built

  • Built in 2007

HOA Fees

  • $286 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Entry on the 1st floor
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,220 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination
  • Den
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Separate Shower

Home Security

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Vented Exhaust Fan
  • Shared Well
  • Cable TV Available

Additional Features

  • Balcony
  • Sprinkler System

Community Details

Overview

  • Association fees include parking, exterior maintenance, lawn care, snow removal
  • 3 Units
  • Manager Association
  • Somerset Townhomes Subdivision
  • Property managed by Foster Premiere

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,938

Year Built

Built in 2007

Lot Details

0

HOA Fees

$286 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Condo
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Subdivision Name: Somerset Townhomes
  • Year Built: 2007
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s)
  • LivingArea: 2220
  • Other Equipment: Fire Sprinklers, Ceiling Fan(s), Fan-Attic Exhaust, Sprinkler-Lawn
  • Room Type: Den
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ FamRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Vinyl Siding
  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 379000
  • Lot Features: Common Grounds, Corner Lot
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Garage Door Opener, Garage, On Site, Garage Owned, Attached
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric
  • Laundry Features: Main Level
  • Utilities: Cable Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 286
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Foster Premiere
  • Management Contact Name: Manager
  • Management Phone: 999-999-9999

Fee Information

  • Association Fee Includes: Parking, Exterior Maintenance, Lawn Care, 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: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 7938.42
  • Tax Year: 2020

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2024
Sold by
Kuzniatsou Anton and Kuzniatsou Tatiana
Bought by
1186 Sycamore Dr Llc
Current Estimated Value
$474,476

Purchase Details

Listed on
Jul 28, 2021
Closed on
Aug 25, 2021
Sold by
Lamanna Lisa
Bought by
Kuzniatsou Anton and Kuzniatsova Tatsiana
Seller's Agent
Ryan Cherney
Circle One Realty
Buyer's Agent
Tara Lubin
RE/MAX Top Performers
List Price
$384,000
Sold Price
$365,000
Premium/Discount to List
-$19,000
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$328,500
Interest Rate
2.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2021
Closed on
Aug 23, 2021
Sold by
Lamanna Lisa
Bought by
Kuzniatsou Anton and Kuzniatsova Tatsiana
Seller's Agent
Ryan Cherney
Circle One Realty
Buyer's Agent
Tara Lubin
RE/MAX Top Performers
List Price
$384,000
Sold Price
$365,000
Premium/Discount to List
-$19,000
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
2.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2015
Closed on
Aug 4, 2015
Sold by
Cora Tina M
Bought by
Lamanna Lisa
Seller's Agent
Praveen Mathew
@properties Christie's International Real Estate
Buyer's Agent
Arlene Fields
Baird & Warner
List Price
$319,000
Sold Price
$315,000
Premium/Discount to List
-$4,000
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%

Purchase Details

Listed on
Sep 8, 2012
Closed on
Dec 14, 2012
Sold by
Bloomingdale 6 Llc
Bought by
Cora Tina M
Seller's Agent
Jeffery Ohm
Premier Realty Group, Inc.
Buyer's Agent
Shelly Nissen
RE/MAX Advantage Realty
List Price
$244,900
Sold Price
$240,000
Premium/Discount to List
-$4,900
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%
Original Mortgage
$231,600
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2011
Sold by
Second Step Asset Management Company
Bought by
Bloomingdale 6 Llc

Purchase Details

Closed on
Nov 20, 2009
Sold by
Market Common Communities Lake Zurich Re
Bought by
Second Step Asset Management Company

Purchase Details

Closed on
Nov 15, 1994
Sold by
Chicago Title & Trust Company
Bought by
Spencer Steven L and Spencer Dana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
9.24%
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $365,000 New Title Company Name
Warranty Deed $365,000 Attorney
Warranty Deed $315,000 Attorney
Warranty Deed $240,000 None Available
Special Warranty Deed $1,359,500 None Available
Quit Claim Deed -- None Available
Joint Tenancy Deed $132,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $328,500 New Conventional
Previous Owner $328,500 New Conventional
Previous Owner $231,600 FHA
Previous Owner $122,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Rented $3,700 0.0% --
06/14/2025 06/14/25 Under Contract -- -- --
06/02/2025 06/02/25 For Rent $3,700 +5.7% --
05/23/2024 05/23/24 Rented $3,500 +6.1% --
03/07/2024 03/07/24 Under Contract -- -- --
02/28/2024 02/28/24 For Rent $3,300 0.0% --
10/04/2021 10/04/21 Sold $365,000 -4.9% $164 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $384,000 +21.9% $173 / Sq Ft
08/04/2015 08/04/15 Sold $315,000 -1.3% $138 / Sq Ft
06/24/2015 06/24/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $319,000 +32.9% $140 / Sq Ft
12/14/2012 12/14/12 Sold $240,000 -2.0% $109 / Sq Ft
09/13/2012 09/13/12 Pending -- -- --
09/08/2012 09/08/12 For Sale $244,900 -- $111 / 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 $8,944 $125,047 $17,485 $107,562
2023 $7,783 $121,688 $17,015 $104,673
2022 $7,783 $104,796 $16,686 $88,110
2021 $7,511 $102,110 $16,258 $85,852
2020 $7,375 $102,110 $16,258 $85,852
2019 $7,938 $110,081 $16,116 $93,965
2018 $3,423 $89,478 $17,336 $72,142
2017 $6,300 $88,399 $17,127 $71,272
2016 $6,171 $85,600 $16,585 $69,015
2015 $6,076 $81,532 $15,797 $65,735
2014 $5,630 $75,207 $9,998 $65,209
2012 $5,790 $75,365 $10,019 $65,346
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11170708

Midwest Real Estate Data (MRED)

APN: 14-20-101-083