NOT LISTED FOR SALE

45 Arcadia Ln Lake Zurich, IL 60047

Estimated Value: $384,000 - $419,000

3 Beds
2.5 Baths
2,052 Sq Ft
$193/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $300,000 $146 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,069/month

3 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Stainless Steel Appliances
  • Seth Paine Elementary School Rated A
  • End Unit
  • Balcony

About This Home

As of September 2021

Rare East facing end-unit home in Meadow Wood! So many new updates and features include spacious entry with new Brazillian Cherry hardwood floors (2021) on staircase and throughout the main level. Fresh paint throughout and new carpet on 2nd level (August 2021). Spacious eat-in kitchen with balcony features cherry cabinets, Corian counters, new tile backsplash and center Island. New stainless-steel appliances inc. dishwasher (2021) and smart fridge (2020). Main level laundry features new washing machine (2020). Primary bedroom has large walk-in closet and full bathroom with dual vanity and separate shower. 2nd & 3rd bedrooms are spacious with plenty of closet space and access to 2nd full bathroom. Enjoy extra living space for recreation or in-home office in the finished lower level with new wood laminate floors. 2-car garage has so much room for storage. Perfect location with walking paths, pond, and gazebo. Close to great schools, parks, shopping, dining, and local amenities inc. Paulus Park with beach and zero depth spray park. Nothing to do but move in!

Last Agent to Sell the Property

Sandra Frampton

@properties Christie's International Real Estate License #471020856 Listed on: 08/20/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Raj Patel

American Star Realty License #475129666

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,366

Year Built

  • Built in 2009

Lot Details

  • Lot Dimensions are 38x61
  • End Unit

HOA Fees

  • $368 Monthly HOA Fees

Parking

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

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,052 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Partial Basement

Home Security

Outdoor Features

  • Balcony
  • Deck

Schools

  • Spencer Loomis Elementary School
  • Lake Zurich Middle - N Campus
  • Lake Zurich High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 3 Units
  • Representative Association, Phone Number (847) 882-1677
  • Meadow Wood Subdivision, Stratton Floorplan
  • Property managed by Associa Chicagoland

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,366

Year Built

Built in 2009

Lot Details

0

HOA Fees

$368 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Subdivision Name: Meadow Wood
  • Year Built: 2009
  • Age: 11-15 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
  • Unit Floor Level: 3
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Partial, English
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, 1st Floor Laundry, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • LivingArea: 2052
  • Other Equipment: Fire Sprinklers, CO Detectors
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1753
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Bedroom 2 Flooring: Carpet
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Hardwood
  • Kitchen: Eating Area-Table Space,Island,Pantry-Closet
  • Living Room Flooring: Hardwood
  • MRD_MBB: Full
  • Master Bedroom Flooring: Carpet
  • Master Bedroom Dimensions: 20X12
  • Bedroom 3 Flooring: Carpet
  • Bedroom 2 Window: None
  • Laundry Flooring: Ceramic Tile
  • Living Room Windows: None
  • Master Bedroom Windows: None
  • Family Room Flooring: Wood Laminate
  • Bedroom 3 Window: None
  • Dining Room Windows: None
  • Family Room Windows: None
  • Kitchen Windows: None

Exterior Features

  • DirectionFaces: East
  • ExteriorFeatures: Balcony, Deck, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 300000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Stone,Concrete

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 368
  • Association Fee Frequency: Monthly
  • Management: Developer Controls
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagoland
  • Management Contact Name: Representative
  • Management Phone: 847-882-1677

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Elementary School: Spencer Loomis Elementary School
  • High School: Lake Zurich High School
  • Middle/Junior School: Lake Zurich Middle - N Campus
  • Middle/Junior School District: 95

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 38X61
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 6365.88
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Sep 22, 2021
Sold by
Gorakh Anant S and Sharma Sulabh S
Bought by
Khan Arshad Ali
Seller's Agent
Sandra Frampton
@properties Christie's International Real Estate
Buyer's Agent
Raj Patel
American Star Realty
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$396,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,889
Avg. Annual Appreciation
7.17%
Original Mortgage
$289,987
Outstanding Balance
$264,179
Interest Rate
2.88%
Mortgage Type
FHA
Estimated Equity
$132,710

Purchase Details

Closed on
Aug 10, 2009
Sold by
Pulte Home Corporation
Bought by
Gorakh Anant S and Sharma Sulabh S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,752
Interest Rate
5.29%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Khan Arshad Ali $300,000 Attorney
Gorakh Anant S $271,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Arshad Ali $289,987
Previous Owner Gorakh Anant S $216,752
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2021 09/28/21 Sold $300,000 0.0% $146 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $300,000 -- $146 / 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 $7,232 $102,694 $19,967 $82,727
2023 $6,591 $99,936 $19,431 $80,505
2022 $6,591 $89,664 $19,055 $70,609
2021 $6,359 $87,367 $18,567 $68,800
2020 $6,244 $87,367 $18,567 $68,800
2019 $6,366 $89,447 $18,405 $71,042
2018 $6,166 $87,132 $19,799 $67,333
2017 $6,123 $86,081 $19,560 $66,521
2016 $5,997 $83,356 $18,941 $64,415
2015 $5,904 $79,394 $18,041 $61,353
2014 $5,573 $74,500 $18,495 $56,005
2012 $6,263 $74,657 $18,534 $56,123
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11168428

Midwest Real Estate Data (MRED)

APN: 14-07-402-114