NOT LISTED FOR SALE

551 N Prairie Ln Lake Zurich, IL 60047

Estimated Value: $676,000 - $816,000

3 Beds
3 Baths
2,488 Sq Ft
$287/Sq Ft Est. Value

Last Sold August 22, 2023

Last sale price $640,000 $257 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,810/month

3 Days on Market

Highlights

  • Second Kitchen
  • Landscaped Professionally
  • Property is near a park
  • May Whitney Elementary School Rated A
  • Deck
  • 5-minute walk to Heatherleigh Park

About This Home

As of August 2023

A RANCH LIKE NO OTHER! This house is an absolute gem, situated on a breathtaking lot that will leave you in awe. The attention to detail in the updates is simply impeccable, making it a standout home. From the moment you step foot on to the adorable porch and then inside, you'll be blown away by its pristine condition and modern features. The meticulous updates throughout this home are truly something to behold. Every corner has been thoughtfully designed and enhanced with quality finishes. The open floor plan allows for seamless transitions between the living spaces, providing a sense of spaciousness and flow. The kitchen, in particular, leaves nothing to be desired with its top-of-the-line stainless appliances, double oven, pantry, sleek cabinetry, breakfast bar and granite countertops. The eating area is drenched in natural light, creating such a warm and inviting atmosphere. The large new windows allow sunlight to just stream in. The perfect spot to start the day with a cup of coffee or enjoy a leisurely meal with friends and family. Or maybe you want to step outside to the deck and patio that offers such ease & comfort between your indoor and outdoor living. The outside deck is surrounded by lush greenery and bathed in sunlight. The ultimate spot for al fresco dining, hosting summer barbecues, or simply unwinding after a long day. The family room is spacious enough to accommodate everyone comfortably. The fireplace acts as a focal point, offering both warmth and a touch of rustic charm. This room too has so much natural light during the day, thanks to the large windows that frame the beautiful views of the backyard. The primary bedroom has been tastefully renovated and the en-suite is equally impressive, showcasing beautiful tilework, luxurious fixtures, and a relaxing atmosphere. You'll find it hard to resist unwinding in your own private oasis. The two additional bedrooms are the perfect size for little ones to grow into with plenty of closet space as well. The office space is just the right size--not too big, not too small. A comfortable work environment without feeling cramped. The formal dining room is warm and welcoming and just the right size for those memorable meals. Now the piece de resistance is your finished lower level. A stunning English lower level finished with remarkable craftsmanship that can be seen throughout the space. It boasts an impressive kitchen, equipped with modern appliances, beautiful designed counter space, tons of cabinetry, everything for all your culinary needs. Whether you enjoy hosting dinner parties or simply preparing your favorite meals, this kitchen and bar provides the ideal setting for any entertaining enthusiast. Finally, the spacious recreation room offers the perfect area for relaxation by the fireplace, game night or those fun movie nights. In addition to this grand entertainment room is a playroom/rec room area that can easily be converted into a 4th bedroom space. Plenty of closet space and the doors for privacy are already there for you. To complete this lower level if a full updated bathroom. Now if that weren't enough, the exterior is just as remarkable. The lot is absolutely stunning, featuring lush landscaping, mature trees, and a serene backyard that will make you feel LIKE you're in your own personal sanctuary. With plenty of space for outdoor activities and entertaining, it's the perfect place to create lasting memories with family and friends. In conclusion, this meticulously updated ranch in Lake Zurich is a rare find that's sure to steal your heart. If you're looking for a move-in ready home that combines modern design with everyday comfort, this is the one for you. Don't miss out on the opportunity to make this your dream home!

Last Agent to Sell the Property

Coleen Grenier

Baird & Warner License #475134644 Listed on: 07/20/2023

Baird & Warner

Last Buyer's Agent

Thomas Miller

Baird & Warner License #475201721

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,976

Year Built

  • Built in 2001

Lot Details

  • 0.29 Acre Lot
  • Fenced Yard
  • Landscaped Professionally

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Asphalt Roof

Interior Spaces

  • 2,488 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Blinds
  • Six Panel Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Family Room Downstairs
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Built-In Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Sub-Basement
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Crawl Space

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck
  • Patio
  • Fire Pit

Location

  • Property is near a park

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Heatherleigh Subdivision, Ranch With Finished English Basement Floorplan

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,976

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch, Traditional
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Heatherleigh
  • Year Built: 2001
  • Age: 21-25 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Built-In Oven, Water Softener Owned, Gas Cooktop
  • Basement: Full, English
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 1758
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Interior Amenities: Bar-Wet, Hardwood Floors, Walk-In Closet(s), Drapes/Blinds, Granite Counters, Separate Dining Room
  • LivingArea: 2488
  • Other Equipment: Humidifier, Water-Softener Owned, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Office, Eating Area, Family Room, Kitchen, Recreation Room, Deck
  • Estimated Total Finished Sq Ft: 4246
  • Assessed Sq Ft: 4852
  • Basement Description: Finished,Crawl,Sub-Basement,Rec/Family Area,Sleeping Area
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2488
  • Basement Sq Ft: 2390
  • Fireplace Location: Family Room,Basement
  • Square Footage Comments: Basement finished 1758 sq. feet. Crawl space 632 sq feet.
  • Total Sq Ft: 4878
  • Unfinished Basement Sq Ft: 632
  • Main Level Sq Ft: 2488
  • Door Features: 6 Panel Door(s)
  • Window Features: Double Pane Windows,ENERGY STAR Qualified Windows,Window Treatments
  • Flooring: Carpet
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck, Patio, Storms/Screens, Fire Pit
  • List Price: 580000
  • Lot Features: Fenced Yard, Landscaped, Sidewalks
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,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: 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s)
  • Master Association Fee: No
  • 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

  • Lot Size Acres: 0.29
  • Lot Dimensions: 0.29
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 11976.38
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Aug 18, 2023
Sold by
Pytlak Steven A and Pytlak Caroline M
Bought by
Gerald A Thompson Trust and Patricia A Thompson Trust
Seller's Agent
Coleen Grenier
Baird & Warner
Buyer's Agent
Thomas Miller
Baird & Warner
List Price
$580,000
Sold Price
$640,000
Premium/Discount to List
$60,000
10.34%
Views
110
Current Estimated Value
$714,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,353
Avg. Annual Appreciation
1.85%

Purchase Details

Closed on
Jul 13, 2001
Sold by
Drh Cambridge Homes Inc
Bought by
Pytlak Steven A and Pytlak Caroline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.14%
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
Gerald A Thompson Trust $640,000 First American Title
Pytlak Steven A $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pytlak Steven A $131,500
Previous Owner Pytlak Steven A $148,300
Previous Owner Pytlak Steven A $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2023 08/22/23 Sold $640,000 +10.3% $257 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $580,000 -- $233 / 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 $12,048 $176,456 $40,560 $135,896
2023 $11,976 $158,997 $36,547 $122,450
2022 $11,976 $155,841 $29,798 $126,043
2021 $11,570 $151,847 $29,034 $122,813
2020 $11,364 $151,847 $29,034 $122,813
2019 $11,129 $149,699 $28,798 $120,901
2018 $11,487 $154,731 $30,982 $123,749
2017 $11,410 $152,866 $30,609 $122,257
2016 $11,191 $148,026 $29,640 $118,386
2015 $11,038 $140,990 $28,231 $112,759
2014 $10,719 $135,643 $30,082 $105,561
2012 $10,124 $135,928 $30,145 $105,783
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11837615

Midwest Real Estate Data (MRED)

APN: 14-20-410-007