490 Cromwell Ct Lake Zurich, IL 60047
Estimated Value: $455,000 - $486,290
4
Beds
2.5
Baths
1,800
Sq Ft
$260/Sq Ft
Est. Value
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 2022So 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
@properties Christie's International Real Estate License #471020856 Listed on: 01/28/2022
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,323
Avg. Annual Appreciation
3.76%
Original Mortgage
$371,153
Outstanding Balance
$347,716
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$115,425
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
Similar Homes in Lake Zurich, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $179,000 | |
| Previous Owner | Punati Naveen Kumar | $311,600 | |
| Previous Owner | Liang Min | $191,000 | |
| Previous Owner | Liang Min | $193,500 | |
| Previous Owner | Liang Min | $203,000 | |
| Previous Owner | Liang Min | $205,000 | |
| Previous Owner | Liang Min | $228,000 | |
| Previous Owner | Liang Min | $228,000 | |
| Previous Owner | Liang Min | $228,000 | |
| Previous Owner | Liang Min | $227,600 | |
| Previous Owner | Huetson Michael D | $150,500 | |
| Closed | Liang Min | $28,450 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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
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
-
Sandra Frampton
Seller's Agent in 2022
Sandra Frampton
@ Properties
(847) 207-7551
32 in this area
127 Total Sales
-
Adriana Ostrowska
Buyer's Agent in 2022
Adriana Ostrowska
The McDonald Group
(708) 355-1709
1 in this area
64 Total Sales
-
M
Seller's Agent in 2016
Michelle Hilliard
Compass
(847) 309-9522
-
Susan Nortman
Buyer's Agent in 2016
Susan Nortman
@ Properties
(847) 302-1731
3 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11307518
APN: 14-28-110-037
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