NOT LISTED FOR SALE

504 N Old Rand Rd Lake Zurich, IL 60047

Estimated Value: $378,000 - $531,369

3 Beds
1.5 Baths
3,028 Sq Ft
$150/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $697,500 $230 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $3,142/month

26 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • 1.04 Acre Lot
  • May Whitney Elementary School Rated A
  • Boat Slip
  • Community Lake

About This Home

As of July 2023

Charming LAKEFRONT cottage on over an acre of property on beautiful all sports Lake Zurich. Amazing location is walk to town, shops and restaurants. Lots of recent improvements- New HVAC, updated electric, new metal pier, new hot water heater, new sewer line, new flat roof, new flooring in basement, & lots of fresh paint. Vintage cottage details including glass French doors, farmhouse kitchen cabinets, stone fireplace, roof deck and enclosed front porch/sunroom. This home is perfect to enjoy this summer on the lake and either make gradual improvements or tear down and build new. Start living your best LAKE-LIFE today! sold AS-IS. Parcel #1 (Lake portion) .49 acres, 2nd Pin (front 1/2 of property is .29 acres, 3rd pin (Back Portion of lot).26 acres = 1.04 acres 3 pins 1417301014/$7,179.54, 1418403024/$196.54,1417301007/$1,660.30

Last Agent to Sell the Property

Andrew Mrowiec

Compass License #471004617 Listed on: 05/15/2023

Compass

Co-Listed By

Marina Carney

Compass License #475123100

Last Buyer's Agent

Rob Morrison

Coldwell Banker Realty License #475132015

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,036

Year Built

  • Built in 1931

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 116x498.50x71x534
  • Lake Front
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

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

Home Design

  • Cottage
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,028 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Screened Porch
  • Water Views
  • Partially Finished Basement
  • Partial Basement
  • Dormer Attic

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry Chute

Outdoor Features

  • Access To Lake
  • Tideland Water Rights
  • Boat Slip
  • Docks
  • Balcony
  • Patio

Schools

  • May Whitney Elementary School
  • Lake Zurich Middle - N Campus
  • Lake Zurich High School

Utilities

  • No Cooling
  • Radiant Heating System
  • 100 Amp Service
  • Lake Michigan Water

Community Details

Overview

  • Cottage
  • Community Lake

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,036

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cottage
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1931
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, Walk-In Closet(s), Some Wood Floors
  • LivingArea: 3028
  • Room Type: Recreation Room, Sun Room, Screened Porch
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 3028
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Basement Sq Ft: 1034
  • Fireplace Location: Living Room
  • Total Sq Ft: 1034
  • Unfinished Basement Sq Ft: 1034
  • Attic: Dormer
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Porch Screened, Boat Slip
  • Foundation Details: Concrete Perimeter
  • List Price: 695000
  • Lot Features: Lake Front, Water Rights, Water View, Lake Access, Waterfront
  • OtherStructures: Other, Boat Dock
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 6
  • Number of Cars: 8
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Fuses, 100 Amp Service
  • Heating: Radiant
  • Laundry Features: Laundry Chute
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Lake, Water Rights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: May Whitney 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: Yes
  • Lot Size Acres: 1.04
  • Lot Dimensions: 116X498.50X71X534
  • Rural (Y/N): N
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9036.34
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2025
Sold by
Baird-Miller Tasha Ann and Miller Mark
Bought by
Mark Miller And Tasha Baird-Miller Trust and Baird-Miller
Current Estimated Value
$455,092

Purchase Details

Listed on
May 15, 2023
Closed on
Jun 27, 2023
Sold by
Browning Barbara O
Bought by
Miller Mark and Baird-Miller Tasha Ann
Seller's Agent
Andrew Mrowiec
Compass
Buyer's Agent
Rob Morrison
Coldwell Banker Realty
List Price
$695,000
Sold Price
$697,500
Premium/Discount to List
$2,500
0.36%
Views
106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.11%
Original Mortgage
$558,000
Interest Rate
6.5%
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
Mark Miller And Tasha Baird-Miller Trust -- None Listed On Document
Miller Mark $697,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Mark $558,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $697,500 +0.4% $230 / Sq Ft
06/11/2023 06/11/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $695,000 0.0% $230 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $695,000 +6.9% $230 / Sq Ft
11/18/2022 11/18/22 Sold $650,000 -7.1% $215 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $699,900 -- $231 / 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 $8,745 $122,224 $29,317 $92,907
2023 $7,428 $111,161 $26,664 $84,497
2022 $7,428 $94,285 $27,456 $66,829
2021 $7,180 $91,868 $26,752 $65,116
2020 $7,050 $91,868 $26,752 $65,116
2019 $6,941 $91,067 $26,519 $64,548
2018 $6,995 $91,997 $27,170 $64,827
2017 $6,949 $90,889 $26,843 $64,046
2016 $6,823 $88,011 $25,993 $62,018
2015 $6,743 $83,828 $24,758 $59,070
2014 $6,550 $83,926 $25,777 $58,149
2012 $6,223 $80,691 $25,831 $54,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11780266

Midwest Real Estate Data (MRED)

APN: 14-17-301-014