NOT LISTED FOR SALE

505 Andrew Ln Lake Zurich, IL 60047

Estimated Value: $397,004 - $454,000

3 Beds
1.5 Baths
1,193 Sq Ft
$351/Sq Ft Est. Value

Last Sold June 19, 2015

Last sale price $275,000 $231 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,778/month

46 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Home Office
  • Sarah Adams Elementary School Rated A
  • Wood Flooring
  • Fenced Yard

About This Home

As of June 2015

STUNNING & SPACIOUS split level w/2000+ sq ft living area. Pottery Barn colors. Custom carpentry/built-in shelving. UPDATED kitch in 2014 w/ granite counters, wood laminate floor & custom backsplash! UPDATED BATHS. LOWER LEVEL FAM RM + BONUS RM can be converted to a 4th bedrm. NEW ROOF in 2014. Private fenced yard w/great views, cement patio, & perennials. SIDE drive for 2nd & 3rd car. Interior access to garage!!

Last Agent to Sell the Property

Christine Bianchi

@properties Christie's International Real Estate License #475120157 Listed on: 02/05/2015

@properties Christie's International Real Estate

Last Buyer's Agent

Julie Brown

@properties Christie's International Real Estate License #475125203

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,066

Year Built

  • Built in 1971

Lot Details

  • 9,148 Sq Ft Lot
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level Home
  • Tri-Level Property
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Sarah Adams Elementary School
  • Lake Zurich Middle - S Campus
  • Lake Zurich High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Old Mill Grove Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,066

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Subdivision Name: OLD MILL GROVE
  • Year Built: 1971
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Foyer, Office
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 289000
  • Lot Features: Fenced Yard, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: SARAH ADAMS 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: 0.21
  • Lot Dimensions: 9245
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5065.5
  • Tax Year: 2013
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2015
Closed on
Jun 19, 2015
Sold by
Jenskin David R and Jenkins Kimberly S
Bought by
Cansler David A and Cansler Susan M
Seller's Agent
Christine Bianchi
@properties Christie's International Real Estate
Buyer's Agent
Julie Brown
@properties Christie's International Real Estate
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%
Current Estimated Value
$418,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,251
Avg. Annual Appreciation
4.08%
Original Mortgage
$261,250
Outstanding Balance
$209,498
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$205,300

Purchase Details

Closed on
Sep 27, 2005
Sold by
Brumage Lou Ellen
Bought by
Jenkins David R and Jenkins Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 27, 2003
Sold by
Salter Eric J and Salter Heidi R
Bought by
Brumage Lou Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2000
Sold by
Jones Diyanni Lance and Jones Diyanni Jennifer
Bought by
Salter Eric J and Salter Heidi R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,625
Interest Rate
8.27%

Purchase Details

Closed on
Dec 7, 1998
Sold by
Bowman Jeffrey T
Bought by
Jones Diyanni Lance and Jones Diyanni Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Interest Rate
6.76%
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
Cansler David A $275,000 Precislon Title Co
Jenkins David R $269,000 Multiple
Brumage Lou Ellen $220,000 --
Salter Eric J $167,500 --
Jones Diyanni Lance $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cansler David A $261,250
Previous Owner Jenkins David R $215,200
Previous Owner Brumage Lou Ellen $176,000
Previous Owner Salter Eric J $125,625
Previous Owner Jones Diyanni Lance $141,300
Closed Salter Eric J $33,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2015 06/19/15 Sold $275,000 -4.8% $231 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $289,000 -- $242 / 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 $6,728 $103,059 $22,876 $80,183
2023 $6,706 $93,519 $20,424 $73,095
2022 $6,706 $91,121 $16,015 $75,106
2021 $6,470 $88,786 $15,605 $73,181
2020 $6,353 $88,786 $15,605 $73,181
2019 $6,256 $88,012 $15,469 $72,543
2018 $5,495 $78,303 $16,641 $61,662
2017 $5,456 $77,359 $16,440 $60,919
2016 $5,342 $74,909 $15,919 $58,990
2015 $5,257 $71,348 $15,162 $56,186
2014 -- $68,262 $18,320 $49,942
2012 $4,713 $68,406 $18,359 $50,047
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08831428

Midwest Real Estate Data (MRED)

APN: 14-21-106-010