NOT LISTED FOR SALE

585 Red Bridge Rd Lake Zurich, IL 60047

Estimated Value: $496,000 - $541,000

4 Beds
2.5 Baths
2,232 Sq Ft
$233/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $485,000 $217 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,742/month

4 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Living Room
  • Sarah Adams Elementary School Rated A
  • Breakfast Bar
  • 2-minute walk to Buffalo Creek Park

About This Home

As of August 2023

This beautiful single-family home located at 585 Red Bridge Rd. in Lake Zurich, IL, offers spacious living with 4 bedrooms and 2.5 bathrooms. The property boasts a generous 2,232 sqft of living space, providing ample room for a family to grow and make memories. As you enter the home, you are greeted by a bright and open living area, perfect for entertaining guests or spending time with family. The kitchen is equipped with modern appliances and plenty of counter space, making meal preparation a breeze. The dining area is conveniently located adjacent to the kitchen, making it easy to host dinner parties or enjoy family meals. The home features 4 generously sized bedrooms, providing plenty of space for a growing family or guests. The master bedroom includes a private en-suite bathroom, adding an extra level of comfort and privacy. In addition to its spacious living areas, this home also has a very nice partially finished basement (655 square feet of the 950 total). The basement is perfect for a family room, game room, or home office. The property is situated in a desirable location in Lake Zurich, across the street from a park, providing easy access to nearby amenities and attractions. The home also features a very large deck, perfect for outdoor entertaining or relaxing. Large shed included.

Last Listed By

Thomas Miller

Baird & Warner License #475201721 Listed on: 06/01/2023

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,336

Year Built

  • Built in 1987

Lot Details

  • 8,451 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,232 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Breakfast Bar
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Schools

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

Utilities

  • Central Air
  • Heating Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,336

Year Built

Built in 1987

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
  • 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): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 655
  • Fireplaces: 1
  • LivingArea: 2232
  • Room Type: Eating Area
  • Estimated Total Finished Sq Ft: 655
  • Assessed Sq Ft: 3768
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Basement Sq Ft: 960
  • Fireplace Location: Family Room
  • Total Sq Ft: 960
  • Unfinished Basement Sq Ft: 305
  • Flooring: Carpet
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 485000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • 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

  • Lot Size Acres: 0.194
  • Lot Dimensions: 8459
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 10336.26
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Aug 21, 2023
Sold by
Sink Jeffrey
Bought by
Lara Jose Ortega and Lazo Jessica Maria
Seller's Agent
Thomas Miller
Baird & Warner
Buyer's Agent
Yolanda Miller
Baird & Warner
List Price
$485,000
Sold Price
$485,000
Total Days on Market
4
Views
132
Current Estimated Value
$519,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,560
Avg. Annual Appreciation
6.86%
Original Mortgage
$388,000
Outstanding Balance
$382,534
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$160,052

Purchase Details

Closed on
May 17, 2005
Sold by
Bridier Gary R and Bridier Deborah A
Bought by
Sink Jeffrey and Sink Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 9, 2003
Sold by
Bridier Gary R and Bridier Deborah
Bought by
Bridier Gary R and Bridier Deborah A

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
Lara Jose Ortega $485,000 None Listed On Document
Sink Jeffrey -- None Listed On Document
Sink Jeffrey $375,000 Ticor Title Insurance Compan
Bridier Gary R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lara Jose Ortega $388,000
Previous Owner Sink Jeffrey $164,000
Previous Owner Sink Jeffrey $171,500
Previous Owner Sink Jeffrey $175,000
Previous Owner Bridier Gary R $50,000
Previous Owner Bridier Gary R $153,000
Previous Owner Ahn Kyun Kwan $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $485,000 0.0% $217 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $485,000 -- $217 / 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 $10,336 $134,339 $26,770 $107,569
2022 $10,336 $137,203 $20,517 $116,686
2021 $9,979 $133,687 $19,991 $113,696
2020 $9,799 $133,687 $19,991 $113,696
2019 $9,649 $132,521 $19,817 $112,704
2018 $9,066 $125,276 $21,317 $103,959
2017 $9,004 $123,766 $21,060 $102,706
2016 $8,827 $119,847 $20,393 $99,454
2015 $8,700 $114,151 $19,424 $94,727
2014 $8,598 $111,693 $19,107 $92,586
2012 $8,181 $111,928 $19,147 $92,781
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11792696

Midwest Real Estate Data (MRED)

APN: 14-21-315-050