NOT LISTED FOR SALE

588 Applegate Ln Lake Zurich, IL 60047

Estimated Value: $511,923 - $560,000

4 Beds
3 Baths
2,246 Sq Ft
$239/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $310,000 $138 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,617/month

63 Days on Market

Highlights

  • Lake Front
  • Colonial Architecture
  • Recreation Room
  • Seth Paine Elementary School Rated A
  • Pond
  • Wood Flooring

About This Home

As of November 2016

Short 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.

Last Agent to Sell the Property

Michael Rein

Baird & Warner License #471006350 Listed on: 03/09/2016

Baird & Warner

Last Buyer's Agent

Dina Skinner

Compass License #475139789

Compass

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,283

Year Built

1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1978
  • Tax Exemptions: Homeowner
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 20X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Disposal
  • Equipment: TV-Cable, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning, Gas Logs
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 1X1, On Level: Main Level
  • Dining Room: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet, Windows: All
  • Kitchen Type: Dimensions: 19X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: Game Room, Recreation Room
  • Master Bedroom: Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Game Rm, Dimensions: 28X12, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Recreation Rm, Dimensions: 18X15, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 16X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Bedroom 4: Dimensions: 14X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 2246
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X13, On Level: Main Level, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Patio, Stamped Concrete Patio, Storms/Screens
  • Exposure: Lake/Water
  • Acreage: 0.1966

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 95
  • Elementary School: SETH PAINE ELEMENTARY SCHOOL
  • Middle School: LAKE ZURICH MIDDLE - N CAMPUS
  • High School: LAKE ZURICH HIGH SCHOOL
  • Junior High Dist: 95

Lot Info

  • Lot Dimensions: 70 X 125
  • Lot Description: Pond
  • Parcel Identification Number: 14194020600000

Tax Info

  • Taxes: 7848.04

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%
Current Estimated Value
$536,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,231
Avg. Annual Appreciation
5.70%
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%
Source: Public Records

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
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
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

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 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09160346

Midwest Real Estate Data (MRED)

APN: 14-19-402-060