NOT LISTED FOR SALE

582 Applegate Ln Lake Zurich, IL 60047

Estimated Value: $531,430 - $611,000

4 Beds
2 Baths
2,393 Sq Ft
$231/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $518,000 $216 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,494/month

Highlights

  • Waterfront
  • Community Lake
  • Property is near a park
  • Seth Paine Elementary School Rated A
  • Deck
  • Property is adjacent to nature preserve

About This Home

As of March 2024

Come see this beautifully remodeled waterfront brick ranch with oversized vaulted sunroom and deck overlooking a serene pond! The gorgeous kitchen remodel completed 6 years ago includes glazed off-white cabinets, quartz countertops, modern lighting, stainless steel appliances, a Carera marble subway tile backsplash, a large peninsula with breakfast bar that opens to a generous family room with fireplace and gas logs. The l-shaped living and dining rooms also overlook the beautiful views! There are also 4 bedrooms and a laundry room on the main level plus a huge, finished basement rec. room. The owner's suite has two separate closets-one a walk-in. Both baths have brand new vanities, lights, sink tops, faucets and toilets! That's not all, the interior walls and trim were just repainted as well as the front door, exterior soffits, trim and shutters. There are new light fixtures in the kitchen, baths, foyer and hallway. The hardwood floors in the living room, dining room, kitchen, family room and front bedroom were just refinished, the rest of the bedrooms and hallway were buffed. Many additional high-quality features in this home such as the solid oak 6-panel interior doors, red oak/marble and porcelain flooring, newer windows (approx. 15 years), newer roof (about 12 years) fully fenced yard, the front paver brick walk and driveway. All of this in the popular Orchards subdivision within the top-notch Lake Zurich school district and community. Don't miss this beautiful home!

Last Agent to Sell the Property

Mary Owen

Keller Williams Success Realty License #475128359 Listed on: 01/15/2024

Keller Williams Success Realty

Last Buyer's Agent

Nancy Niemoth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,866

Year Built

  • Built in 1978 | Remodeled in 2024

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 75x125
  • Waterfront
  • Property is adjacent to nature preserve
  • Wetlands Adjacent
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,393 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Insulated Windows
  • Six Panel Doors
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Sun or Florida Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry on main level
  • Sink Near Laundry
  • Gas Dryer Hookup

Finished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Pond
  • Deck

Location

  • Property is near a park

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Community Details

  • The Orchards Subdivision, Expanded Ranch Floorplan
  • Community Lake

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,866

Year Built

Built in 1978 | Remodeled in 2024

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: The Orchards
  • Year Built: 1978
  • 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): Yes
  • Rehab Year: 2024
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2024

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 854
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 2393
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Water Heater-Gas
  • Room Type: Utility Room-Lower Level, Walk In Closet, Sun Room
  • Estimated Total Finished Sq Ft: 3247
  • Basement Description: Finished,Crawl
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 2393
  • Basement Sq Ft: 1177
  • Fireplace Location: Family Room
  • Total Sq Ft: 3570
  • Unfinished Basement Sq Ft: 323
  • Attic: Unfinished
  • Main Level Sq Ft: 2393
  • Door Features: 6 Panel Door(s)
  • Window Features: Double Pane Windows,Insulated Windows,Low Emissivity Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 499900
  • Lot Features: Nature Preserve Adjacent, Wetlands adjacent, Pond(s)
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Brick
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, 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: 0.21
  • Lot Dimensions: 75X125
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 7866
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Mar 1, 2024
Sold by
Fraterrigo Louis and Luciano P Fraterrigo Trust
Bought by
Finder Nicholas M and Welbourn Brianna N
Seller's Agent
Mary Owen
Keller Williams Success Realty
Buyer's Agent
Nancy Niemoth
List Price
$499,900
Sold Price
$518,000
Premium/Discount to List
$18,100
3.62%
Views
72
Current Estimated Value
$553,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,858
Avg. Annual Appreciation
4.33%
Original Mortgage
$362,600
Outstanding Balance
$356,408
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$197,450

Purchase Details

Closed on
Jul 10, 2019
Sold by
Fraterrigo Luciano P
Bought by
Fraterrigo Luciano P and Fraterrigo Luigi

Purchase Details

Closed on
Jun 26, 2003
Sold by
Dagostino Robert A and Dagostino Mary Carmel
Bought by
Fraterrigo Luciano P and Fraterrigo Rosalia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Finder Nicholas M $518,000 Fidelity National Title
Fraterrigo Luciano P -- None Available
Fraterrigo Luciano P $321,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finder Nicholas M $362,600
Previous Owner Fraterrigo Luciano P $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $518,000 +3.6% $216 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $499,900 -- $209 / 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 $6,685 $120,601 $26,595 $94,006
2023 $7,089 $117,362 $25,881 $91,481
2022 $7,089 $114,587 $23,086 $91,501
2021 $7,866 $111,650 $22,494 $89,156
2020 $6,905 $111,650 $22,494 $89,156
2019 $6,767 $110,676 $22,298 $88,378
2018 $6,883 $110,821 $23,205 $87,616
2017 $6,880 $109,485 $22,925 $86,560
2016 $6,976 $106,018 $22,199 $83,819
2015 $7,238 $100,979 $21,144 $79,835
2014 $7,516 $103,381 $22,811 $80,570
2012 $7,120 $103,599 $22,859 $80,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11961454

Midwest Real Estate Data (MRED)

APN: 14-19-402-057