NOT LISTED FOR SALE

575 Red Bridge Rd Lake Zurich, IL 60047

Estimated Value: $432,000 - $579,000

4 Beds
2.5 Baths
1,945 Sq Ft
$266/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $535,000 $275 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,613/month

4 Days on Market

Highlights

  • Property is near a park
  • Vaulted Ceiling
  • Wood Flooring
  • Sarah Adams Elementary School Rated A
  • Traditional Architecture
  • 2-minute walk to Buffalo Creek Park

About This Home

As of November 2023

Prepare to be WOWED! Beautifully UPDATED 4 bedroom/2.1 bath home is ready and waiting for you! Owners have lovingly improved and maintained every inch of this home! Gorgeous HARDWOOD floors on 1st floor, RECESSED lighting, and updated MILLWORK give this home a high-end feel. BATHROOMS have had major renovations using quality materials such as Kohler fixtures, marble tile, marble countertop, etc. KITCHEN has newer stainless appliances, granite countertops, white cabinets, and tile backsplash. All INTERIOR DOORS have been replaced with white 6-panel doors and new trim. MASTER BEDROOM has a vaulted ceiling, board and batten feature wall, double closets and ensuite bath. ROOF (2016), WINDOWS (2007-08), FURNACE (2023) and A/C (2019) have all been replaced! BASEMENT is finished with extra storage available in the partial crawl space. Yard is FULLY FENCED with an adorable maintenance-free pergola and painted patio. Home is located across the street from Richard E Staples Park; Sarah Adams Elementary is a short walk across the park; and a multitude of dining/shopping options are just minutes away. Lake Zurich is known for its SMALL-TOWN FEEL with lots of community festivals and celebrations throughout the year, many of which are held at Paulus Park & Beach on the shores of Lake Zurich. Too many updates to list - see Feature Sheet under Additional Info! You are going to love living here! Come see it for yourself today!

Last Listed By

Shannon Kersemeier

Berkshire Hathaway HomeServices Starck Real Estate License #475176212 Listed on: 10/13/2023

Berkshire Hathaway HomeServices Starck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,929

Year Built

  • Built in 1987 | Remodeled in 2021

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70x125
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,945 Sq Ft Home
  • 2-Story Property
  • Historic or Period Millwork
  • Vaulted Ceiling
  • Double Pane Windows
  • Replacement Windows
  • Blinds
  • Formal Dining Room
  • Unfinished Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Crawl Space

Schools

  • Sarah Adams Elementary School
  • Lake Zurich Middle - S Campus
  • Lake Zurich High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Red Bridge Farm Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,929

Year Built

Built in 1987 | Remodeled in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Red Bridge Farm
  • Year Built: 1987
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Second Floor Laundry, Walk-In Closet(s), Special Millwork, Drapes/Blinds, Granite Counters, Separate Dining Room, Some Wall-To-Wall Cp, Replacement Windows
  • LivingArea: 1945
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1945
  • Basement Description: Finished,Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1945
  • Basement Sq Ft: 603
  • Total Sq Ft: 2548
  • Upper Level Sq Ft: 1098
  • Attic: Unfinished
  • Main Level Sq Ft: 847
  • Door Features: 6 Panel Door(s),Sliding Glass Door(s)
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 535000
  • Lot Features: Fenced Yard, Sidewalks
  • Roof: Asphalt
  • 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
  • Heating: Natural Gas
  • Laundry Features: Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Sarah Adams Elementary School
  • High School: Lake Zurich High School
  • Middle/Junior School: Lake Zurich Middle - S Campus
  • Middle/Junior School District: 95

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2
  • Lot Dimensions: 70X125
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 8929.46
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Nov 17, 2023
Sold by
Smythe Family Trust
Bought by
Sipola Carolyn E and Zimmerman Jason L
Seller's Agent
Shannon Kersemeier
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Sabrina Conti Erangey
Baird & Warner
List Price
$535,000
Sold Price
$535,000
Total Days on Market
4
Views
49
Current Estimated Value
$517,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,407
Avg. Annual Appreciation
0.66%
Original Mortgage
$428,000
Outstanding Balance
$424,055
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$116,160

Purchase Details

Closed on
Dec 24, 2011
Sold by
Smythe Byron J and Smythe Jennifer L
Bought by
Smythe Byron J and Smythe Jennifer L

Purchase Details

Closed on
Aug 15, 2008
Sold by
Black Frank E and Black Brigida J
Bought by
Smythe Byron and Smythe Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,200
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

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
Sipola Carolyn E $535,000 None Listed On Document
Smythe Byron J -- None Available
Smythe Byron $344,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sipola Carolyn E $428,000
Previous Owner Smythe Byron J $225,000
Previous Owner Smythe Byron J $245,942
Previous Owner Smythe Byron J $256,000
Previous Owner Smythe Byron J $123,000
Previous Owner Smythe Byron $217,000
Previous Owner Smythe Byron J $250,000
Previous Owner Smythe Byron J $273,550
Previous Owner Smythe Byron $274,431
Previous Owner Smythe Byron $275,200
Previous Owner Black Frank E $150,000
Previous Owner Black Frank E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $535,000 0.0% $275 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $535,000 -- $275 / 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
2023 $8,929 $121,532 $26,764 $94,768
2022 $8,929 $119,346 $20,954 $98,392
2021 $8,619 $116,288 $20,417 $95,871
2020 $8,463 $116,288 $20,417 $95,871
2019 $8,334 $115,274 $20,239 $95,035
2018 $7,862 $110,281 $21,770 $88,511
2017 $7,872 $108,952 $21,508 $87,444
2016 $7,714 $105,502 $20,827 $84,675
2015 $7,601 $100,488 $19,837 $80,651
2014 $7,391 $96,853 $19,513 $77,340
2012 $7,561 $103,899 $19,554 $84,345
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11906966

Midwest Real Estate Data (MRED)

APN: 14-21-315-049