NOT LISTED FOR SALE

588 Chesterfield Ln Lake Zurich, IL 60047

Estimated Value: $557,000 - $596,000

4 Beds
2.5 Baths
1,990 Sq Ft
$286/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $425,000 $214 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,039/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Recreation Room
  • Isaac Fox Elementary School Rated A
  • Property is near a park
  • 3-minute walk to Cuba Marsh Forest Preserve

About This Home

As of March 2022

Just what you've been waiting for!!! Fantastic 4 Bedroom, 2.1 Bath home with a finished basement in Braemar; a sought after neighborhood with Lake Zurich schools and just steps to Cuba Marsh Forest Preserve entrance. OPEN LAYOUT, hardwood floors and brand new carpet upstairs. Updated kitchen has loads of cabinetry, open shelves, granite counters, stainless steel appliances, island seating, updated lighting and some new appliances OPENS to Family Room with brick fireplace, overlooking deck and private yard. The Living Room is bright and sunny with a bay window and crown molding and is open to the Family Room for a great open feel. HUGE Laundry Room/Office on the first floor is perfect!! Spacious Master Bedroom has walk-in closet, dressing area and private bath. 3 additional bedrooms on the 2nd floor, hall bath and spacious 2nd floor 'open area' ideal for a study/game area. Full finished basement has Rec Room, Large Bar, Office/5th Bedroom and a spacious storage room. The private yard is overlooking Cuba Marsh Forest Preserve; 781 acres for biking, hiking and cross country skiing. There is a Huge Deck which is great for entertaining, storage Shed and beautiful landscaping make this home fabulous. Minutes to Metra station, shopping and restaurants. This is a must see!!

Last Agent to Sell the Property

Michelle Wendell

Berkshire Hathaway HomeServices Starck Real Estate License #475134142 Listed on: 01/27/2022

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Shameem Sayyad

Sohum Realty, Inc. License #475178974

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,842

Year Built

  • Built in 1989

Lot Details

  • 10,123 Sq Ft Lot
  • Lot Dimensions are 75x135x75x135
  • Paved or Partially Paved Lot

HOA Fees

  • $5 Monthly HOA Fees

Parking

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

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,990 Sq Ft Home
  • 2-Story Property
  • Bar
  • Dry Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Home Office
  • Recreation Room
  • Wood Flooring
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near a park

Schools

  • Isaac Fox Elementary School
  • Lake Zurich Middle - S Campus
  • Lake Zurich High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Braemar Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,842

Year Built

Built in 1989

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Braemar
  • Year Built: 1989
  • Age: 31-40 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): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 995
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Bar-Dry, Hardwood Floors, First Floor Laundry, Walk-In Closet(s)
  • LivingArea: 1990
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Foyer, Eating Area, Recreation Room, Office
  • Estimated Total Finished Sq Ft: 995
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Basement Sq Ft: 995
  • Fireplace Location: Family Room
  • Total Sq Ft: 995
  • Attic: Unfinished
  • Family Room Flooring: Hardwood
  • Kitchen Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar,Eating Area-Table Space
  • Laundry Flooring: Ceramic Tile
  • Living Room Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Flooring: Carpet
  • Living Room Window Treatments: Blinds
  • Family Room Window Treatments: All
  • Kitchen Window Treatments: All

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 419000
  • OtherStructures: Shed(s)
  • 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, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 60
  • Association Fee Frequency: Annually
  • Community Features: Park, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Isaac Fox 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: 0.2324
  • Lot Dimensions: 75X135X75X135
  • 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: 9841.76
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Mar 14, 2022
Sold by
Fogel Timothy D
Bought by
Singh Amit and Lnu Shobha Rani
Seller's Agent
Michelle Wendell
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Shameem Sayyad
Sohum Realty, Inc.
List Price
$429,900
Sold Price
$425,000
Premium/Discount to List
-$4,900
-1.14%
Current Estimated Value
$575,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,359
Avg. Annual Appreciation
8.98%
Original Mortgage
$403,750
Outstanding Balance
$355,201
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$214,577

Purchase Details

Listed on
May 8, 2013
Closed on
Aug 9, 2013
Sold by
Mcgeever James M and Mcgeever Jana K
Bought by
Fogel Timothy D and Fogel Shadia M
Seller's Agent
Lynn Fairfield
RE/MAX Suburban
Buyer's Agent
Caroline Gau
Real Broker LLC
List Price
$379,900
Sold Price
$369,000
Premium/Discount to List
-$10,900
-2.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.65%
Original Mortgage
$362,316
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2005
Sold by
Powers Terence S and Powers Wendy S
Bought by
Mcgeever James M and Mcgeever Jana K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.4%
Mortgage Type
Fannie Mae Freddie Mac
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
Singh Amit $425,000 Wifler Law Group Pc
Fogel Timothy D $369,000 Affinity Title Services Llc
Mcgeever James M $416,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Amit $403,750
Previous Owner Fogel Timothy D $351,423
Previous Owner Fogel Timothy D $362,316
Previous Owner Mcgeever James M $317,100
Previous Owner Mcgeever James M $328,000
Previous Owner Powers Terence S $320,000
Previous Owner Powers Terence S $262,500
Previous Owner Powers Terence S $220,000
Previous Owner Powers Terence S $10,500
Previous Owner Powers Terence S $193,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $425,000 -1.1% $214 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $429,900 +16.5% $216 / Sq Ft
08/09/2013 08/09/13 Sold $369,000 -0.9% $185 / Sq Ft
06/24/2013 06/24/13 Pending -- -- --
06/21/2013 06/21/13 Price Changed $372,500 -1.9% $187 / Sq Ft
06/20/2013 06/20/13 For Sale $379,900 0.0% $191 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
06/04/2013 06/04/13 Price Changed $379,900 -2.6% $191 / Sq Ft
05/20/2013 05/20/13 For Sale $389,900 0.0% $196 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $389,900 -- $196 / 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 $10,610 $146,818 $25,513 $121,305
2023 $9,897 $142,875 $24,828 $118,047
2022 $9,897 $131,621 $24,347 $107,274
2021 $9,554 $128,248 $23,723 $104,525
2020 $9,842 $128,248 $23,723 $104,525
2019 $9,689 $127,129 $23,516 $103,613
2018 $9,856 $129,628 $25,299 $104,329
2017 $9,792 $128,066 $24,994 $103,072
2016 $9,615 $124,011 $24,203 $99,808
2015 $9,019 $118,117 $23,053 $95,064
2014 $8,962 $116,162 $24,455 $91,707
2012 $8,526 $116,406 $24,506 $91,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11312815

Midwest Real Estate Data (MRED)

APN: 14-30-207-027