NOT LISTED FOR SALE

399 Lois Ln Lake Zurich, IL 60047

Estimated Value: $670,000 - $859,000

4 Beds
4 Baths
2,889 Sq Ft
$255/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $467,000 $162 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,293/month

47 Days on Market

Highlights

  • Lake Front
  • Beach
  • Wooded Lot
  • May Whitney Elementary School Rated A
  • Recreation Room
  • 5-minute walk to Breezewald Park

About This Home

As of September 2018

Exclusive Lake Rights & Subdivision With Lake Front View On Private Motorized Lake Zurich with Shared Pier & Beach Rites in Private Fair Oaks Beach Club for Only $500 a Year * Gives You a Private Pier & Beach!! You Get to Belong to the Elite on the Best Motorized Spring Fed Lake in Lake County * Say Good Bye to the Chain & Move Up in Style * You''ll Have a Front Row Seat for 4th. of July Fireworks & Spectacular Sunsets * Watch the Fun from the Two Upper Balconies & the Two Patios from the Sliding Glass Doors * Boat, Sky, Fish, Ice Skate & Run or Walk Around the 3 Mile Path Around the Lake * There is Absolutely Nothing as Relaxing than being on your Pontoon Boat in the Middle of the Lake Watching the Stars * Neat & Clean Custom Home * Hardwood Floors on the 1st. Floor * Stainless Built-In Appliances in the Kitchen * Full Finished Basement * Three Fireplaces * 6-Panel Oak Doors & Trim * Painted In Neutral Colors & Newer Carpet * Three Car Garage * Taxes Should be Lower-No Exemptions

Last Listed By

Cherie Smith Zurek

RE/MAX Suburban License #471003036 Listed on: 07/10/2018

RE/MAX Suburban

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,464

Year Built

  • 1986

Lot Details

  • Lake Front
  • Cul-De-Sac
  • Southern Exposure
  • Wooded Lot

HOA Fees

  • $42 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Stone Siding
  • Cedar

Interior Spaces

  • Wet Bar
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Dining Area
  • Den
  • Recreation Room
  • Wood Flooring
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,464

Year Built

1986

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • Age: 31-40 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors
  • Number Of Rooms: 11
  • Living Room: Dimensions: 24X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven-Double, Dishwasher, Refrigerator, Disposal
  • Equipment: Humidifier, Sump Pump
  • Fireplace Details: Wood Burning, Gas Logs
  • Fireplace Location: Family Room, Living Room, Master Bedroom
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X5, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Dining Room: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 14X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Den, Recreation Room, Eating Area
  • Master Bedroom: Dimensions: 18X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Den, Dimensions: 13X10, On Level: Main Level, Flooring: Carpet
  • Additional Room 2 Name: Bar, Dimensions: 27X11, On Level: Basement, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Recreation Rm, Dimensions: 23X23, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 15X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Eating Area, Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 11X11, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2889
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 24X13, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar, Stone
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Balcony, Patio, Storms/Screens
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Lake Rights
  • Assessment Association Fees: 500
  • Management Contact Name: John
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Fair Oaks

Schools

  • School District: 95
  • Elementary School: MAY WHITNEY ELEMENTARY SCHOOL
  • Middle School: LAKE ZURICH MIDDLE - N CAMPUS
  • High School: LAKE ZURICH HIGH SCHOOL
  • Junior High Dist: 95

Lot Info

  • Lot Dimensions: 75X180
  • Lot Description: Beach, Cul-de-sac, Lake Front, Water View, Wooded
  • Parcel Identification Number: 14173010480000

Tax Info

  • Taxes: 11646.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Sep 27, 2018
Sold by
Rackow John L and Vasselli Joseph
Bought by
Meyer Thomas J and Meyer Tracy S
Seller's Agent
Cherie Smith Zurek
RE/MAX Suburban
Buyer's Agent
Chad Gilbert
RE/MAX Suburban
List Price
$519,900
Sold Price
$467,000
Premium/Discount to List
-$52,900
-10.18%
Total Days on Market
47
Current Estimated Value
$737,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,902
Avg. Annual Appreciation
7.11%
Original Mortgage
$443,650
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2015
Sold by
John L Rackow Ii Revocable Living Trust
Bought by
Floy Scott and Floy Sarah

Purchase Details

Closed on
Aug 8, 2002
Sold by
Rackow John L
Bought by
Rackow John L and The John L Rackow Ii Revocable Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving

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 Buyer Sale Price Title Company
Meyer Thomas J $467,000 Chicago Title
Floy Scott $225,000 Chicago Title Insurance Co
Rackow John L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Thomas J $198,000
Open Meyer Thomas J $454,000
Closed Meyer Thomas J $454,000
Closed Meyer Thomas J $161,000
Closed Meyer Thomas J $450,250
Closed Meyer Thomas J $443,650
Previous Owner Rackow John L $400,000
Previous Owner Rackon John L $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $467,000 -10.2% $162 / Sq Ft
08/26/2018 08/26/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $519,900 0.0% $180 / Sq Ft
03/11/2016 03/11/16 Rented $2,600 0.0% --
01/04/2016 01/04/16 For Rent $2,600 -- --
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 $13,464 $214,572 $29,644 $184,928
2023 $13,464 $195,149 $26,961 $168,188
2022 $11,898 $172,720 $27,761 $144,959
2021 $11,550 $164,863 $27,050 $137,813
2020 $11,341 $164,863 $27,050 $137,813
2019 $11,619 $152,447 $26,814 $125,633
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10013061

Midwest Real Estate Data (MRED)

APN: 14-17-301-049