NOT LISTED FOR SALE

573 Regency Dr Lake Zurich, IL 60047

Estimated Value: $662,445 - $691,000

4 Beds
2.5 Baths
2,972 Sq Ft
$229/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $548,000 $184 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,667/month

Highlights

  • Colonial Architecture
  • Deck
  • Vaulted Ceiling
  • Seth Paine Elementary School Rated A
  • Property is near a park
  • Wood Flooring

About This Home

As of April 2022

Ready to Occupy. SPACIOUS Colonial in desirable neighborhood, Walk to neighborhood. 2-story Foyer, Hardwood floors, French doors. Large island kitchen w/granite c-tops, New stainless appliances. Charming bayed breakfast room opens to bayed family room. Full wall fireplace. 1st floor office great for privacy. Too many upgrades to list. All New Windows (Upgraded to luxury, expensive Beechworth Windows), New Roof (Installed in 2016/17), New Water Heater (2020), Two New Sump pumps (2021), Interior painting (Just done), Bathrooms upgrade (2019), ALL Brand New SS appliances (Range, Refrigerator, Dishwasher), Brand New Washer/Dryer (2021). Painted and Stained Deck (2021), seal coated Driveway (2021). Building Above Grade Square Feet is 2972, Gross building Area is 4626. All the major items are upgraded and ready for the new owner. Both the upstairs bathrooms have sunroof, and lot of natural sun light. This home is owned and listed by a licensed Realtor. Don't miss an opportunity to own a beautiful home in most desirable and nice neighborhood.

Last Agent to Sell the Property

Chandra Vangavolu

Kale Realty License #475181114 Listed on: 02/27/2022

Last Buyer's Agent

Maria Etling

Berkshire Hathaway HomeServices Chicago License #475120660

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,188

Year Built

  • Built in 1988

Lot Details

  • 10,528 Sq Ft Lot
  • Lot Dimensions are 100 x 135 x 60 x 130

Parking

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

Home Design

  • Colonial Architecture
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,972 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Game Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

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

Finished Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Deck
  • 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
  • Cable TV Available

Community Details

  • Mossley Hills Subdivision, Richmond Expanded Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,188

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Mossley Hills
  • Year Built: 1988
  • Age: 31-40 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
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, First Floor Laundry
  • LivingArea: 2972
  • Other Equipment: Humidifier, Water-Softener Owned, TV-Cable, Ceiling Fan(s), Sump Pump
  • Room Type: Office, Game Room, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

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
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2417
  • Lot Dimensions: 100 X 135 X 60 X 130
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 11187.74
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2022
Closed on
Apr 1, 2022
Sold by
Bodepudi and Chandrasekhar
Bought by
Morrow Phillip and Morrow Emily
Seller's Agent
Chandra Vangavolu
Kale Realty
Buyer's Agent
Maria Etling
Berkshire Hathaway HomeServices Chicago
List Price
$530,000
Sold Price
$548,000
Premium/Discount to List
$18,000
3.4%
Current Estimated Value
$681,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,611
Avg. Annual Appreciation
6.07%
Original Mortgage
$438,400
Outstanding Balance
$410,158
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$271,453

Purchase Details

Listed on
Jun 4, 2014
Closed on
Oct 1, 2014
Sold by
Mackaben Scott C and Mackaben Kristy
Bought by
Sekhar Bodepudi Madhavi and Sekhar Vangavilu Chandra
Seller's Agent
Leonora Burkhart
RE/MAX of Barrington
Buyer's Agent
Cheryl Swanson
Swanson Realty
List Price
$449,500
Sold Price
$395,000
Premium/Discount to List
-$54,500
-12.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$355,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2012
Closed on
Aug 3, 2012
Sold by
Sanders Kenneth H and Sanders Joan C
Bought by
Mackaben Scott C and Mackaben Kristy
Seller's Agent
Samantha Kalamaras
@properties Christie's International Real Estate
Buyer's Agent
Leonora Burkhart
RE/MAX of Barrington
List Price
$437,000
Sold Price
$421,000
Premium/Discount to List
-$16,000
-3.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.92%
Original Mortgage
$378,900
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 1997
Sold by
Tomasino Michael J and Tomasino Valerie A
Bought by
Sanders Kenneth H and Sanders Joan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.43%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morrow Phillip $548,000 None Listed On Document
Sekhar Bodepudi Madhavi $395,000 Ct
Mackaben Scott C $421,000 None Available
Sanders Kenneth H $315,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrow Phillip $438,400
Previous Owner Sekhar Bodepudi Madhavi $355,500
Previous Owner Mackaben Scott C $378,900
Previous Owner Sanders Kenneth H $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2022 04/08/22 Sold $548,000 +3.4% $184 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/27/2022 02/27/22 For Sale $530,000 +34.2% $178 / Sq Ft
10/01/2014 10/01/14 Sold $395,000 -1.2% $133 / Sq Ft View Prior Sale
09/09/2014 09/09/14 Pending -- -- --
09/06/2014 09/06/14 Price Changed $399,900 -5.9% $135 / Sq Ft
08/08/2014 08/08/14 Price Changed $425,000 -1.1% $143 / Sq Ft
07/23/2014 07/23/14 Price Changed $429,900 -2.3% $145 / Sq Ft
06/25/2014 06/25/14 Price Changed $439,900 -2.1% $148 / Sq Ft
06/04/2014 06/04/14 For Sale $449,500 +6.8% $151 / Sq Ft
08/06/2012 08/06/12 Sold $421,000 -3.7% $140 / Sq Ft View Prior Sale
06/12/2012 06/12/12 Pending -- -- --
05/25/2012 05/25/12 For Sale $437,000 -- $146 / 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 $13,017 $180,123 $33,232 $146,891
2023 $11,998 $175,285 $32,339 $142,946
2022 $11,998 $160,019 $31,714 $128,305
2021 $11,582 $155,918 $30,901 $125,017
2020 $11,371 $155,918 $30,901 $125,017
2019 $11,183 $154,557 $30,631 $123,926
2018 $10,843 $151,055 $32,968 $118,087
2017 $10,730 $149,235 $32,571 $116,664
2016 $10,515 $144,510 $31,540 $112,970
2015 $10,362 $137,642 $30,041 $107,601
2014 $11,276 $147,775 $32,575 $115,200
2012 $10,717 $148,086 $32,644 $115,442
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11333938

Midwest Real Estate Data (MRED)

APN: 14-19-301-017