NOT LISTED FOR SALE

490 Cromwell Ct Lake Zurich, IL 60047

Estimated Value: $464,514 - $482,000

4 Beds
2.5 Baths
1,800 Sq Ft
$263/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $410,000 $228 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,204/month

2 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Vaulted Ceiling
  • Isaac Fox Elementary School Rated A
  • Property is near a park
  • 4-minute walk to Countryside West Soccer Park

About This Home

As of March 2022

So much natural light in this recently updated home! All new paint and carpet throughout (2022)! This is a very spacious home with hardwood floors on the main level, open layout with vaulted ceilings and great room sizes. Kitchen has been updated (2015) with new cabinets, counters and granite counters. Primary bedroom features walk in closet, updated primary bathroom (2015) with new cabinetry, granite counters and dual vanity. The lower level features wood laminate floors and has a large space for family room with brick fireplace, recreational area AND 4th bedroom or den. New fence (2020) and freshly stained deck (2021) , perfect for outdoor entertainment. Newer sliders in kitchen and basement (2015) new garage door and opener (2015) epoxy floors in garage (2020). AC (2019). Perfect location close to great schools, parks, shopping and dining.

Last Agent to Sell the Property

Sandra Frampton

@properties Christie's International Real Estate License #471020856 Listed on: 01/28/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Adriana Ostrowska

HomeSmart Connect LLC License #475164650

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,247

Year Built

  • Built in 1988

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 46x16x89x70x88
  • Fenced Yard
  • Landscaped Professionally
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Raised Ranch Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Gas Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near a park

Schools

  • Isaac Fox Elementary School
  • Lake Zurich Middle - S Campus
  • Lake Zurich High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Sparrow Ridge Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,247

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Subdivision Name: Sparrow Ridge
  • Year Built: 1988
  • 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): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 1800
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Eating Area
  • Estimated Total Finished Sq Ft: 2766
  • Assessed Sq Ft: 1416
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2766
  • Fireplace Location: Family Room,Basement
  • Total Sq Ft: 2766
  • Upper Level Sq Ft: 1416
  • Lower Level Sq Ft: 1350
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Flooring: Wood Laminate
  • Dining Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space,Pantry-Closet
  • Primary Bedroom Bath: Full
  • Living Room Flooring: Hardwood
  • Master Bedroom Flooring: Carpet
  • Family Room Flooring: Carpet
  • Kitchen Flooring: Ceramic Tile
  • Laundry Flooring: Ceramic Tile

Exterior Features

  • ExteriorFeatures: Deck, Patio, Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 389900
  • Lot Features: Corner Lot, Fenced Yard, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

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
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Isaac Fox Elementary School
  • High School: Lake Zurich High School
  • Middle/Junior School: Lake Zurich Middle - S Campus
  • Middle/Junior School District: 95

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.13
  • Lot Dimensions: 46X16X89X70X88
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 7247.24
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Feb 28, 2022
Sold by
Kumar Punati Naveen and Kumar Sowmya
Bought by
Magubane Thembelihle
Seller's Agent
Sandra Frampton
@properties Christie's International Real Estate
Buyer's Agent
Adriana Ostrowska
HomeSmart Connect LLC
List Price
$389,900
Sold Price
$410,000
Premium/Discount to List
$20,100
5.16%
Current Estimated Value
$472,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,629
Avg. Annual Appreciation
4.03%
Original Mortgage
$371,153
Outstanding Balance
$345,095
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$127,534

Purchase Details

Closed on
May 7, 2016
Sold by
Liang Min and Wang Shaolin
Bought by
Punati Naveen Kumar and Potluri Sowmya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,600
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2003
Sold by
Huetson Michael D and Huetson Jeannette P
Bought by
Liang Min and Wang Shaolin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,600
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Magubane Thembelihle $410,000 James M Hamill Jr Ltd
Punati Naveen Kumar $328,000 Stewart Title
Liang Min $284,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magubane Thembelihle $371,153
Previous Owner Punati Naveen Kumar $311,600
Previous Owner Liang Min $227,600
Closed Liang Min $28,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2022 03/01/22 Sold $410,000 +5.2% $228 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $389,900 +18.9% $217 / Sq Ft
08/18/2016 08/18/16 Sold $328,000 -0.6% $239 / Sq Ft View Prior Sale
06/17/2016 06/17/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $329,900 -- $240 / 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 $8,266 $116,189 $21,933 $94,256
2023 $7,648 $113,068 $21,344 $91,724
2022 $7,648 $103,080 $20,932 $82,148
2021 $7,380 $100,439 $20,396 $80,043
2020 $7,247 $100,439 $20,396 $80,043
2019 $7,137 $99,563 $20,218 $79,345
2018 $3,808 $101,719 $21,748 $79,971
2017 $7,225 $100,493 $21,486 $79,007
2016 $7,079 $97,311 $20,806 $76,505
2015 $6,973 $92,686 $19,817 $72,869
2014 $6,644 $87,666 $19,493 $68,173
2012 $6,324 $87,850 $19,534 $68,316
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11307518

Midwest Real Estate Data (MRED)

APN: 14-28-110-037