NOT LISTED FOR SALE

562 Applegate Ln Lake Zurich, IL 60047

Estimated Value: $561,999 - $590,000

4 Beds
2.5 Baths
2,502 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $435,000 $174 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,923/month

14 Days on Market

Highlights

  • Property is near a park
  • Recreation Room
  • Home Gym
  • Seth Paine Elementary School Rated A
  • Whirlpool Bathtub
  • Stainless Steel Appliances

About This Home

As of July 2021

***MULTIPLE OFFERS RECEIVED! HIGHEST AND BEST BY MONDAY AT 10AM 5/3 Welcome home to this charming 2 story newly updated home. From the moment you walk in you can see the pride of ownership! Brand new flooring throughout the whole main level. Crown moulding and wainscotting to add to the list. All windows throughout the home have been done and custom blinds on all. The fully finished basement has just been painted and new carpet installed; offers tons of additional living space and still has room for storage. Main level has an open kitchen and living room area with a floor to ceiling brick fireplace and sliding doors leading to the large private backyard. The patio has been extended for extra seating and entertaining. All bedrooms are located upstairs including the master suite and bathroom. One bedroom has a bonus room attached for office space or work out room. All of this and the home is walking distance to the park and playground. Sellers hate to leave this beautiful home but are relocating!!!

Last Agent to Sell the Property

Jennifer Stokes Habetler

Redfin Corporation License #475159373 Listed on: 04/30/2021

Redfin Corporation

Last Buyer's Agent

Jane Lee

RE/MAX Top Performers License #471004433

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,145

Year Built

  • Built in 1980

Lot Details

  • 9,670 Sq Ft Lot
  • Lot Dimensions are 84x133x88x141
  • Paved or Partially Paved Lot

Parking

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

Interior Spaces

  • 2,502 Sq Ft Home
  • 2-Story Property
  • Whole House Fan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Some Wood Windows
  • Double Pane Windows
  • Insulated Windows
  • Blinds
  • Bay Window
  • Aluminum Window Frames
  • Window Screens
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Recreation Room
  • Home Gym
  • Laminate Flooring
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near a park

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
  • Water Softener is Owned

Community Details

  • The Orchards Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,145

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: The Orchards
  • Year Built: 1980
  • Age: 41-50 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
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Range Hood, Water Softener Owned
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Wood Laminate Floors, 1st Floor Laundry, Walk-In Closet(s)
  • LivingArea: 2502
  • Other Equipment: Humidifier, Water-Softener Owned, CO Detectors, Ceiling Fan(s), Fan-Whole House, Sump Pump, Backup Sump Pump;
  • Room Type: Recreation Room, Exercise Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2502
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Door Features: French Doors,Storm Door(s)
  • Window Features: Aluminum Frames,Bay Window(s),Blinds,Double Pane Windows,Insulated Windows,Screens,Some Wood Windows

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • List Price: 424900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(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
  • Laundry Features: Electric Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

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 Size Acres: 0.222
  • Lot Dimensions: 84X133X88X141
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9144.88
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 18, 2021
Sold by
Mcgovern Philip and Mcgovern Stephanie Ann
Bought by
Drake Phillip M and Schouten Nataliyas
Seller's Agent
Jennifer Stokes Habetler
Redfin Corporation
Buyer's Agent
Jane Lee
RE/MAX Top Performers
Sold Price
$435,000
Current Estimated Value
$578,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,500
Avg. Annual Appreciation
6.00%
Original Mortgage
$365,500
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2020
Closed on
Feb 28, 2020
Sold by
Gupta Sunil N and Giri Tina
Bought by
Mcgovern Philip and Mcgovern Stephanie Ann
Seller's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
Buyer's Agent
Marybeth Durkin
@properties Christie's International Real Estate
List Price
$380,000
Sold Price
$375,000
Premium/Discount to List
-$5,000
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.53%
Original Mortgage
$367,928
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 2015
Sold by
Klavins Vicki H and The Vicki H Klavins Revocable
Bought by
Gupta Sunil N and Giri Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,400
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2005
Sold by
Belleville Earl
Bought by
Klavins Edmund A and Klavins Viki H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 27, 2003
Sold by
Lheureux Victor C and Lheureux Penny D
Bought by
Belleville Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
7.5%
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
Drake Phillip M $435,000 Chicago Title
Mcgovern Philip $375,000 None Available
Gupta Sunil N $356,000 Baird & Warner Title Svcs In
Klavins Vicki H $366 None Available
Klavins Edmund A $366,000 --
Belleville Earl $315,000 Atg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drake Phillip M $365,500
Previous Owner Mcgovern Philip $367,928
Previous Owner Gupta Sunil N $320,400
Previous Owner Klavins Edmund A $266,000
Previous Owner Belleville Earl $283,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $435,000 +2.4% $174 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/04/2021 05/04/21 For Sale -- -- --
05/04/2021 05/04/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $424,900 +13.3% $170 / Sq Ft
02/28/2020 02/28/20 Sold $375,000 -1.3% $150 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $380,000 +6.7% $152 / Sq Ft
12/02/2015 12/02/15 Sold $356,000 -3.1% $142 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
10/16/2015 10/16/15 Price Changed $367,500 -2.0% $147 / Sq Ft
09/25/2015 09/25/15 For Sale $375,000 -- $150 / 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 $10,277 $142,466 $28,139 $114,327
2023 $9,797 $138,639 $27,383 $111,256
2022 $9,797 $130,360 $24,430 $105,930
2021 $9,458 $127,019 $23,804 $103,215
2020 $9,287 $127,019 $23,804 $103,215
2019 $9,145 $125,911 $23,596 $102,315
2018 $9,038 $124,910 $24,356 $100,554
2017 $8,976 $123,404 $24,062 $99,342
2016 $8,799 $119,496 $23,300 $96,196
2015 $8,595 $112,847 $22,193 $90,654
2014 $8,036 $109,578 $23,944 $85,634
2012 $8,191 $109,808 $23,994 $85,814
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11061713

Midwest Real Estate Data (MRED)

APN: 14-19-402-047