NOT LISTED FOR SALE

481 Cromwell Ct Unit 2 Lake Zurich, IL 60047

Estimated Value: $450,000 - $485,000

3 Beds
3 Baths
1,687 Sq Ft
$274/Sq Ft Est. Value

Last Sold February 05, 2014

Last sale price $313,000 $186 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,283/month

10 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Cul-De-Sac
  • Isaac Fox Elementary School Rated A
  • Vaulted Ceiling
  • 5-minute walk to Countryside West Soccer Park

About This Home

As of February 2014

Simply perfect and rarely available in Sparrow Ridge! Many recent improvements!This home features a wonderful open floor plan, 4 levels of living including finished basement, updated bathrooms, 3 gracious sized bedrooms, family room w/a fireplace & new slider, and much more. This neighborhood has so much to offer, enjoy parks, sidewalks & close proximity to all your favorite shopping, schools, & restaurants.

Last Agent to Sell the Property

Samantha Kalamaras

@properties Christie's International Real Estate License #475122440 Listed on: 11/27/2013

@properties Christie's International Real Estate

Last Buyer's Agent

Angie Russell

Wall Street Property Group, Inc License #475157224

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,551

Year Built

  • 1988

Lot Details

  • Cul-De-Sac
  • East or West Exposure

Parking

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

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Recreation Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Sub-Basement

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,551

Year Built

1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Recent Rehab: Yes
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Tri-Level
  • Type Detached: Split Level w/ Sub
  • Estimated Year Built: 1988
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings
  • Number Of Rooms: 8
  • Living Room: Dimensions: 23X17, On Level: Main Level, Flooring: Other
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Finished, Sub-Basement
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Other
  • Kitchen Type: Dimensions: 16X12, On Level: Main Level, Flooring: Other
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 16X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Recreation Rm, Dimensions: 20X15, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Family Room: Dimensions: 18X12, On Level: Lower, Flooring: Other

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Exposure: E (East)
  • Acreage: 0.1632

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 95
  • Elementary School: ISAAC FOX ELEMENTARY SCHOOL
  • Middle School: LAKE ZURICH MIDDLE - S CAMPUS
  • High School: LAKE ZURICH HIGH SCHOOL
  • Junior High Dist: 95

Lot Info

  • Lot Dimensions: 60X110
  • Lot Description: Cul-de-sac
  • Parcel Identification Number: 14281100270000

Tax Info

  • Taxes: 6473.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2017
Sold by
Farrell Kevin and Scully Allison
Bought by
Farrell Kevin and Farrell Allison J
Current Estimated Value
$461,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,250
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 27, 2013
Closed on
Jan 30, 2014
Sold by
Clinton Jesse and Clinton Katie
Bought by
Farrell Kevin and Scully Allison
Seller's Agent
Samantha Kalamaras
@properties Christie's International Real Estate
Buyer's Agent
Angie Russell
Wall Street Property Group, Inc
List Price
$309,481
Sold Price
$313,000
Premium/Discount to List
$3,519
1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$250,400
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2011
Sold by
Fannie Mae
Bought by
Clinton Jesse and Nagy Katie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
4.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2010
Sold by
Seo Myongill
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 21, 2007
Sold by
Lee Seung Bum and Lee Eun Joo
Bought by
Seo Myongill and Kim Sumi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 1996
Sold by
Zahour Douglas L and Sullivan Catherine A
Bought by
Lee Seung Bum and Lee Eun Joo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,600
Interest Rate
7.85%
Mortgage Type
Balloon
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 Buyer Sale Price Title Company
Farrell Kevin -- First American Title
Farrell Kevin $313,000 None Available
Clinton Jesse $215,000 First American Title
Federal National Mortgage Association -- None Available
Seo Myongill $350,000 Republic Title Company
Lee Seung Bum $204,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrell Kevin $260,000
Closed Farrell Kevin $265,250
Closed Farrell Kevin $250,400
Previous Owner Clinton Jesse $204,250
Previous Owner Seo Myongill $280,000
Previous Owner Lee Eun Joo $143,466
Previous Owner Lee Eun Joo $200,000
Previous Owner Lee Eun Joo $116,000
Previous Owner Lee Shawn $173,000
Previous Owner Lee Seung Bum $178,000
Previous Owner Lee Eun Joo $59,900
Previous Owner Lee Seung Bum $183,600
Previous Owner Lee Seung Bum $183,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2014 02/05/14 Sold $313,000 +1.1% $186 / Sq Ft
12/07/2013 12/07/13 Pending -- -- --
11/27/2013 11/27/13 For Sale $309,481 -- $183 / 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 $8,551 $119,924 $20,588 $99,336
2023 $8,104 $116,703 $20,035 $96,668
2022 $8,104 $108,862 $23,167 $85,695
2021 $7,821 $106,072 $22,573 $83,499
2020 $7,680 $106,072 $22,573 $83,499
2019 $7,562 $105,147 $22,376 $82,771
2018 $7,477 $104,376 $24,074 $80,302
2017 $7,425 $103,118 $23,784 $79,334
2016 $7,276 $99,853 $23,031 $76,822
2015 $7,168 $95,107 $21,936 $73,171
2014 $6,801 $89,597 $23,750 $65,847
2012 $6,473 $89,786 $23,800 $65,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08495758

Midwest Real Estate Data (MRED)

APN: 14-28-110-027