NOT LISTED FOR SALE

53 Arcadia Ln Lake Zurich, IL 60047

Estimated Value: $378,000 - $408,000

3 Beds
2.5 Baths
1,807 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $349,000 $193 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,097/month

4 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • End Unit
  • Seth Paine Elementary School Rated A
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of May 2023

Come see this lovely end-unit townhome in the sought-after Meadow Wood community. You'll have your own private entrance and plenty of natural light throughout the home. The living and dining room are open and bright, with sliders leading to the deck. The Cook's kitchen is perfect for preparing home-cooked meals and features an island, stainless steel appliances, Corian countertops, 42" Cherry cabinets, hardwood floors, and an eating area with beautiful outdoor views. A main level laundry room adds to the convenience. The oversized master bedroom boasts a vaulted ceiling, carpeted floors, a huge walk-in closet, and a master bath with dual sinks and a glass-enclosed shower. The finished English basement on the lower level adds even more living space to this already spacious home. Enjoy neighborhood views from the private deck, and take advantage of the garage and maintenance-free living. Located in the Lake Zurich school district, this home is close to shopping, schools, entertainment, and all local amenities. Don't miss out on the unbeatable location and wonderful features of this home!

Last Agent to Sell the Property

Luigui Corral

RE/MAX American Dream License #471019538 Listed on: 03/15/2023

RE/MAX American Dream

Last Buyer's Agent

Lauren Soderstrom

@properties Christie's International Real Estate License #475137763

@properties Christie's International Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,544

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 40x61x41x61
  • End Unit

HOA Fees

  • $387 Monthly HOA Fees

Parking

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

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,807 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Family Room
  • Combination Dining and Living Room
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Partial Basement
  • Sump Pump

Outdoor Features

  • Deck

Schools

  • Seth Paine Elementary School
  • Lake Zurich Middle - N Campus
  • Lake Zurich High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 100 Amp Service

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 3 Units
  • Justin Werner Association, Phone Number (847) 806-6121
  • Property managed by Property Specialists

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,544

Year Built

Built in 2008

Lot Details

0

HOA Fees

$387 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Year Built: 2008
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial, English
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry
  • LivingArea: 1807
  • Other Equipment: Humidifier, Security System, Sump Pump
  • Room Type: Walk In Closet
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 349000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Stone,Concrete

Garage/Parking

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

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 387
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Property Specialists
  • Management Contact Name: Justin Werner
  • Management Phone: 847-806-6121
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Elementary School: Seth Paine Elementary School
  • High School: Lake Zurich High School
  • Middle/Junior School: Lake Zurich Middle - N Campus
  • Middle/Junior School District: 95

Lot Info

  • Lot Dimensions: 40X61X41X61
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 6544.2
  • Tax Year: 2021

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
May 11, 2023
Sold by
Mayer Gina
Bought by
Nutter Christopher A and Cothard Steven B
Seller's Agent
Luigui Corral
RE/MAX American Dream
Buyer's Agent
Lauren Soderstrom
@properties Christie's International Real Estate
List Price
$349,000
Sold Price
$349,000
Views
49
Current Estimated Value
$396,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,077
Avg. Annual Appreciation
5.35%
Original Mortgage
$279,200
Outstanding Balance
$271,770
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$124,307

Purchase Details

Listed on
Apr 6, 2018
Closed on
Jul 18, 2018
Sold by
Kumar Munish and Jasuja Roshini
Bought by
Mayer Gina
Seller's Agent
Helen Oliveri
Helen Oliveri Real Estate
Buyer's Agent
Luigui Corral
RE/MAX American Dream
List Price
$275,000
Sold Price
$262,000
Premium/Discount to List
-$13,000
-4.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%

Purchase Details

Closed on
Dec 31, 2008
Sold by
Pulte Home Corporation
Bought by
Kumar Munish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,992
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Nutter Christopher A $349,000 None Listed On Document
Mayer Gina $262,000 Attorneys Title Guaranty Fun
Kumar Munish $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nutter Christopher A $279,200
Previous Owner Kumar Munish $219,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2023 05/19/23 Sold $349,000 0.0% $193 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $349,000 +33.2% $193 / Sq Ft
07/18/2018 07/18/18 Sold $262,000 -4.7% $145 / Sq Ft View Prior Sale
06/16/2018 06/16/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $275,000 -- $152 / 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 $7,389 $104,738 $19,967 $84,771
2023 $6,783 $101,925 $19,431 $82,494
2022 $6,783 $92,099 $19,055 $73,044
2021 $6,544 $89,739 $18,567 $71,172
2020 $6,426 $89,739 $18,567 $71,172
2019 $6,552 $91,896 $18,405 $73,491
2018 $6,541 $92,065 $19,799 $72,266
2017 $6,496 $90,955 $19,560 $71,395
2016 $6,363 $88,075 $18,941 $69,134
2015 $6,266 $83,889 $18,041 $65,848
2014 $5,857 $77,999 $18,495 $59,504
2012 $5,828 $78,163 $18,534 $59,629
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11735762

Midwest Real Estate Data (MRED)

APN: 14-07-402-107