NOT LISTED FOR SALE

5 Margate Ct Unit 3B Lake Zurich, IL 60047

Estimated Value: $585,000 - $657,000

3 Beds
3 Baths
2,245 Sq Ft
$273/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $400,000 $178 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,245/month

18 Days on Market

Highlights

  • Colonial Architecture
  • Vaulted Ceiling
  • Sun or Florida Room
  • Sarah Adams Elementary School Rated A
  • Loft
  • Walk-In Pantry

About This Home

As of June 2019

So great it sold before processing

Last Agent to Sell the Property

Connie Scott

@properties Christie's International Real Estate License #475131291 Listed on: 04/02/2019

@properties Christie's International Real Estate

Last Buyer's Agent

Ginny Opsahl

RE/MAX At Home License #475122294

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,002

Year Built

  • 1986

Lot Details

  • Cul-De-Sac

Parking

  • Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Dry Bar
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Loft
  • Sun or Florida Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Crawl Space

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

$12,002

Year Built

1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: Commuter Train
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rebuilt(yn): Yes
  • Rebuilt Year: 2019
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1986
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 800
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Dry
  • Number Of Rooms: 8
  • Living Room: Dimensions: 17X12, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer
  • Equipment: Water-Softener Owned, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Unfinished, Crawl
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Loft, Sun/Florida Room
  • Master Bedroom: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Loft, Dimensions: 13X9, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 2 Name: Sunroom, Dimensions: 16X12, On Level: 2nd Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 14X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2245
  • Estimated Total Finished Sq Ft: 800
  • Basement Sq Ft: 800
  • Basement Finished Sq Ft: 800
  • Dining Room Type: Separate
  • Family Room: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 95
  • Elementary School: Sarah Adams Elementary School
  • Middle School: Lake Zurich Middle - S Campus
  • High School: Lake Zurich High School
  • Junior High Dist: 95

Lot Info

  • Lot Dimensions: 56 X 119 X 57 X 89 X 130
  • Lot Description: Cul-de-sac
  • Parcel Identification Number: 14214050430000

Tax Info

  • Taxes: 9397.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
Jun 12, 2019
Sold by
Krupp James and Krupp Bessie
Bought by
Mattey Brian and Mattey Annamaria
Seller's Agent
Connie Scott
@properties Christie's International Real Estate
Buyer's Agent
Ginny Opsahl
RE/MAX At Home
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%
Current Estimated Value
$612,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,015
Avg. Annual Appreciation
6.20%
Original Mortgage
$380,000
Outstanding Balance
$343,800
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$240,663

Purchase Details

Closed on
Jul 29, 2011
Sold by
Krupp Detlef
Bought by
Krupp James and Krupp Bessie

Purchase Details

Closed on
Dec 26, 2010
Sold by
Leung Luke Chi Hong and Ding Connie Choon Ching
Bought by
Krupp Detlef

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2003
Sold by
Turchi Richard A and Turchi Nancy E
Bought by
Leung Luke Chi Hong and Ding Connie Choon Ching

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
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
Mattey Brian $400,000 First American Title
Krupp James -- None Available
Krupp Detlef $295,000 Multiple
Leung Luke Chi Hong $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mattey Brian $380,000
Previous Owner Krupp Detlef $236,000
Previous Owner Leung Luke Chi Hong $256,000
Closed Leung Luke Chi Hong $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $400,000 +0.3% $178 / Sq Ft
04/20/2019 04/20/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $399,000 -- $178 / 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 $12,002 $164,994 $30,647 $134,347
2023 $11,037 $160,563 $29,824 $130,739
2022 $11,037 $146,092 $25,047 $121,045
2021 $10,656 $142,348 $24,405 $117,943
2020 $10,463 $142,348 $24,405 $117,943
2019 $10,303 $141,106 $24,192 $116,914
2018 $9,324 $131,009 $26,026 $104,983
2017 $9,397 $129,430 $25,712 $103,718
2016 $9,213 $125,332 $24,898 $100,434
2015 $9,081 $119,376 $23,715 $95,661
2014 $7,255 $95,179 $23,031 $72,148
2012 $6,904 $95,379 $23,079 $72,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10328819

Midwest Real Estate Data (MRED)

APN: 14-21-405-043