Seller's Agent in 2023
Andrew Mrowiec
Compass
(847) 308-2589
3 in this area
159 Total Sales
504 N Old Rand Rd Lake Zurich, IL 60047
4
Beds
1.5
Baths
3,028
Sq Ft
1.04
Acres
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 2023One the remaining original lake cottages southwest facing on Lake Zurich over one acre in total. This cottage has been owned by the same family for decades used as their weekend lake home, where they had many family get togethers and made tons of memories. Enjoy the endless views of the lake from the front of the home and relish the privacy you get in the backyard! This home also has it's own private pier on Lake Zurich located just across the street from the home. The inside of this home needs a lot of work and repair due to deferred maintenance and it most likely will be a tear down. The value is mostly in the land and location, but someone with a vision might see the potential, the vintage charm and possibilities that this home offers. Million dollar homes have been built next door and up and down the street. 4 bed & 1.1 bath, partial basement with utility area, two car detached garage and play house. The first floor has very large rooms sizes, there are vintage touches everywhere!! This is one gorgeous property with mesmerizing views, large front and back yard. Three separate PIN numbers (you own into the water) Lake Zurich itself Covers 250 acres, this small lake offers all the advantages of lakeside living, small speed boats, pontoons and PWCs allowed, There are also parks, beaches, promenade, fishing pier and walking path found around the shore. This is an estate sale 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
Last Agent to Sell the Property
RE/MAX Suburban License #475122367 Listed on: 10/27/2022
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
- Screened Porch
- Wood Flooring
- Water Views
- Partially Finished Basement
- Partial Basement
- Dormer Attic
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 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
- Custom
- Community Lake
Recreation
- Boat Dock
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
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
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $697,500 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $558,000 | New Conventional |
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
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
-
Andrew Mrowiec
-
Marina Carney
Seller Co-Listing Agent in 2023
Marina Carney
Compass
(847) 274-5566
3 in this area
175 Total Sales
-
Rob Morrison
Buyer's Agent in 2023
Rob Morrison
Coldwell Banker Realty
(847) 212-0966
7 in this area
364 Total Sales
-
penny silich
Seller's Agent in 2022
penny silich
RE/MAX Suburban
(847) 634-8197
3 in this area
40 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11658666
APN: 14-17-301-014
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