588 Applegate Ln Lake Zurich, IL 60047
Estimated Value: $481,000 - $544,000
4
Beds
3
Baths
2,246
Sq Ft
$226/Sq Ft
Est. Value
Highlights
- Lake Front
- Colonial Architecture
- Recreation Room
- Seth Paine Elementary School Rated A
- Pond
- Wood Flooring
About This Home
As of November 2016Short sale opportunity (only shorting the 2nd)! Located on a quiet interior street backing to a pond boasting a beautifully finished basement, thermal pane windows, a new roof in 2014, hardwood floors, a stamped concrete entertainment sized patio, an updated master bath and a nicely landscaped home site. You're sure to enjoy the floor to ceiling raised hearth fireplace in the family room. Note the basement features both a game room and a recreation room, both with recessed lighting. HVAC is approximately "six years new". To be sold as-is where is. In pretty good condition, but ready for some paint/carpeting and sprucing up a bit.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,283
Year Built
- 1978
Lot Details
- Lake Front
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- Primary Bathroom is a Full Bathroom
- Wood Burning Fireplace
- Gas Log Fireplace
- Recreation Room
- Game Room
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
- Storm Screens
- Laundry on main level
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Outdoor Features
- Pond
- Stamped Concrete Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2016
Closed on
Nov 18, 2016
Sold by
Peterson Lisa K
Bought by
Faraz Muhammad Azeem and Azeem Ayesha
Seller's Agent
Michael Rein
Baird & Warner
Buyer's Agent
Dina Skinner
Compass
List Price
$329,900
Sold Price
$310,000
Premium/Discount to List
-$19,900
-6.03%
Total Days on Market
63
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,538
Avg. Annual Appreciation
5.94%
Original Mortgage
$279,000
Interest Rate
4.32%
Purchase Details
Closed on
Jul 25, 2007
Sold by
Peterson Thomas J
Bought by
Peterson Lisa K
Purchase Details
Closed on
Aug 8, 2000
Sold by
Lacroix Vianney and Lacroix Gail J
Bought by
Peterson Thomas J and Peterson Lisa K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,800
Interest Rate
8.26%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Faraz Muhammad Azeem | $310,000 | First American Title | |
| Peterson Lisa K | -- | Multiple | |
| Peterson Thomas J | $247,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Faraz Muhammad Azeem | $244,000 | |
| Closed | Faraz Muhammad | $279,000 | |
| Previous Owner | Peterson Thomas J | $82,000 | |
| Previous Owner | Peterson Thomas J | $328,000 | |
| Previous Owner | Peterson Thomas J | $238,200 | |
| Previous Owner | Peterson Thomas J | $105,000 | |
| Previous Owner | Peterson Thomas J | $80,000 | |
| Previous Owner | Peterson Thomas J | $237,500 | |
| Previous Owner | Peterson Thomas J | $234,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/18/2016 11/18/16 | Sold | $310,000 | -6.0% | $138 / Sq Ft |
| 05/11/2016 05/11/16 | Pending | -- | -- | -- |
| 03/09/2016 03/09/16 | For Sale | $329,900 | -- | $147 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $9,283 | $129,480 | $24,448 | $105,032 |
| 2023 | $8,870 | $126,002 | $23,791 | $102,211 |
| 2022 | $8,870 | $118,591 | $21,221 | $97,370 |
| 2021 | $8,561 | $115,552 | $20,677 | $94,875 |
| 2020 | $8,412 | $115,552 | $20,677 | $94,875 |
| 2019 | $8,279 | $114,544 | $20,497 | $94,047 |
| 2018 | $7,493 | $104,583 | $21,579 | $83,004 |
| 2017 | $7,441 | $103,323 | $21,319 | $82,004 |
| 2016 | $8,075 | $110,156 | $20,644 | $89,512 |
| 2015 | $7,957 | $104,921 | $19,663 | $85,258 |
| 2014 | $7,848 | $101,721 | $21,213 | $80,508 |
| 2012 | $7,905 | $101,935 | $21,258 | $80,677 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Rein
Seller's Agent in 2016
Michael Rein
Baird Warner
(847) 208-4189
16 in this area
136 Total Sales
-
Dina Skinner
Buyer's Agent in 2016
Dina Skinner
Compass
(224) 805-9801
55 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09160346
APN: 14-19-402-060
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