514 N Old Rand Rd Lake Zurich, IL 60047
Estimated Value: $504,000 - $1,710,000
3
Beds
3.5
Baths
3,500
Sq Ft
$292/Sq Ft
Est. Value
Highlights
- Lake Front
- Boat Dock
- 0.9 Acre Lot
- May Whitney Elementary School Rated A
- Beach Access
- Deck
About This Home
As of September 2014LAKE HOME - PRIVATE BEACH & WATERFRONT near Chicago. Lake Zurich offers boating and waterskiing. This home has a 90' private, sand beach with new pier, deck and brick patio. The Craftman style home has oak floors, a stone fireplace, a large porch and front lawn. Hardi-board exterior with water purification. Lots of storage. Backs up to Lake Zurich Golf Course. School District 95. 2013 Taxes $13,122.
Last Listed By
Midwest Premier Realty, LLC License #475132906 Listed on: 04/25/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,122
Year Built
- Built in 2002
Lot Details
- 0.9 Acre Lot
- Lake Front
- Paved or Partially Paved Lot
- Additional Parcels
Parking
- 3 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,500 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- Combination Dining and Living Room
- Bonus Room
- Wood Flooring
- Water Views
- Unfinished Attic
- Storm Screens
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Finished Basement Bathroom
Outdoor Features
- Beach Access
- Tideland Water Rights
- Deck
- Outdoor Fireplace
- Brick Porch or Patio
Schools
- May Whitney Elementary School
- Lake Zurich Middle - N Campus
- Lake Zurich High School
Utilities
- Central Air
- Humidifier
- Heating System Uses Natural Gas
- 200+ Amp Service
- Water Softener is Owned
- Cable TV Available
Community Details
- Boat Dock
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 15, 2018
Sold by
Burk Eric and Burk Laura
Bought by
Burk Eric L and Burk Laura A
Total Days on Market
74
Current Estimated Value
Purchase Details
Listed on
Apr 25, 2014
Closed on
Sep 24, 2014
Sold by
Leahy John T and Leahy Susan Catherine
Bought by
Burk Eric and Burk Laura
Seller's Agent
Fernandina Cancanon
Midwest Premier Realty, LLC
Buyer's Agent
Andrew Lichterman
Property Economics Inc.
List Price
$750,000
Sold Price
$655,000
Premium/Discount to List
-$95,000
-12.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$524,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 6, 2010
Sold by
Leahy John T and Leahy Susan C
Bought by
Leahy John T and Leahy Susan Catherine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 22, 2010
Sold by
Leahy John T and Leahy Susan Catherine
Bought by
Leahy John T and Leahy Susan C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 16, 2007
Sold by
Leahy John T and Leahy Susan Catherine
Bought by
Leahy John T and Leahy Susan Catherine
Purchase Details
Closed on
Jun 29, 2002
Sold by
Leahy John and Leahy Susan
Bought by
Leahy John T and Leahy Susan Catherine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,500
Interest Rate
7%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 28, 2002
Sold by
Leahy John T and Leahy Susan Catherine
Bought by
Leahy John and Leahy Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,500
Interest Rate
7%
Mortgage Type
Construction
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Burk Eric L | -- | Attorney | |
| Burk Eric | $655,000 | Fidelity National Title | |
| Leahy John T | -- | None Available | |
| Leahy John T | -- | 1St American Title | |
| Leahy John T | -- | None Available | |
| Leahy John T | -- | None Available | |
| Leahy John T | -- | First American Title | |
| Leahy John | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Burk Eric L | $466,000 | |
| Closed | Burk Eric L | $473,000 | |
| Closed | Burk Eric L | $480,000 | |
| Closed | Burk Eric L | $476,000 | |
| Closed | Burk Eric L | $480,000 | |
| Closed | Burk Eric | $521,000 | |
| Closed | Burk Eric | $524,000 | |
| Previous Owner | Leahy John T | $540,000 | |
| Previous Owner | Leahy John T | $572,500 | |
| Previous Owner | Leahy John | $490,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2014 09/30/14 | Sold | $655,000 | 0.0% | $187 / Sq Ft |
| 07/22/2014 07/22/14 | Off Market | $655,000 | -- | -- |
| 07/08/2014 07/08/14 | Pending | -- | -- | -- |
| 06/03/2014 06/03/14 | Price Changed | $699,000 | -3.6% | $200 / Sq Ft |
| 05/21/2014 05/21/14 | Price Changed | $725,000 | -3.3% | $207 / Sq Ft |
| 04/25/2014 04/25/14 | For Sale | $750,000 | -- | $214 / 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 | $2,020 | $28,231 | $28,231 | -- |
| 2023 | $1,984 | $25,676 | $25,676 | -- |
| 2022 | $1,984 | $25,179 | $25,179 | $0 |
| 2021 | $1,917 | $24,534 | $24,534 | $0 |
| 2020 | $1,883 | $24,534 | $24,534 | $0 |
| 2019 | $1,854 | $24,320 | $24,320 | $0 |
| 2018 | $1,989 | $26,162 | $26,162 | $0 |
| 2017 | $1,976 | $25,847 | $25,847 | $0 |
| 2016 | $1,941 | $25,030 | $25,030 | $0 |
| 2015 | $1,918 | $23,840 | $23,840 | $0 |
| 2014 | $11,092 | $142,356 | $25,460 | $116,896 |
| 2012 | $10,550 | $142,656 | $25,514 | $117,142 |
Source: Public Records
Agents Affiliated with this Home
-
Fernandina Cancanon
Seller's Agent in 2014
Fernandina Cancanon
Midwest Premier Realty, LLC
(847) 987-7668
1 in this area
10 Total Sales
-
David Hill
Seller Co-Listing Agent in 2014
David Hill
Midwest Premier Realty, LLC
(224) 321-0699
1 in this area
13 Total Sales
-
Andrew Lichterman
A
Buyer's Agent in 2014
Andrew Lichterman
Property Economics Inc.
(847) 650-0075
22 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 08595878
APN: 14-18-402-051
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