NOT LISTED FOR SALE

589 Peachtree Ln Lake Zurich, IL 60047

Estimated Value: $494,000 - $532,000

4 Beds
2.5 Baths
2,446 Sq Ft
$211/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $390,000 $159 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,635/month

47 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Seth Paine Elementary School Rated A
  • Property is near a park
  • Formal Dining Room

About This Home

As of February 2023

Great Room Sizes*Great Neighborhood*Move in Before the Holidays*Well Kept 4 Bedroom Center Entry 2-Story Colonial In The Popular Orchards*Located on an Eye Brow Cul-de-Sac with Fenced Yard (09-21)*Formal Living Room & Dining Room for Entertaining*Hardwood Floors in Dining Room & Kitchen*Large Kitchen features Plenty of Cabinetry, Two Large Pantry Closets & Newer Appliances*Great Floor Plan*Kitchen is Open to the Family Room*French Doors to Patio and Two Tier Deck and Fenced Yard*Master Bedroom Suite with Walk-in Closet & Private Bathroom*3 Other Good Sized Bedrooms*Huge 1st. Floor Laundry Room with Wall of Cabinets*Replacement Dates: Kitchen Sink (10-21), Washer and Dryer (10-21), HVAC (09-21) Sump Pumps (06-21 & 07-19) Stove (12-18) Microwave (08-19), Front Door (05-19) Top of Chimney Replaced (01-18) Two-Tier Deck (15)*Roof (07-12)*Windows (07-09 + 06-08)*Hot Water Heater (09) Driveway (07-11)*Close to Shopping*This is a Great Subdivision with Great Schools

Last Listed By

Cherie Smith Zurek

RE/MAX Suburban License #471003036 Listed on: 11/04/2022

RE/MAX Suburban

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,600

Year Built

  • Built in 1983

Lot Details

  • 9,100 Sq Ft Lot
  • Lot Dimensions are 60x31x64x65x114
  • Cul-De-Sac
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,446 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Panel Doors
  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

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

Unfinished Basement

  • Partial Basement
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Deck
  • Patio
  • Shed

Location

  • Property is near a park

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • The Orchards Subdivision, Dartmouth Floorplan

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,600

Year Built

Built in 1983

Lot Details

0

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: The Orchards
  • Year Built: 1983
  • 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
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors, First Floor Laundry
  • LivingArea: 2446
  • Other Equipment: Water-Softener Owned, TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 2446
  • Basement Description: Unfinished,Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2446
  • Basement Sq Ft: 697
  • Total Sq Ft: 3143
  • Unfinished Basement Sq Ft: 697
  • Upper Level Sq Ft: 1139
  • Attic: Unfinished
  • Main Level Sq Ft: 1307
  • Door Features: Panel Door(s)
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 399900
  • Lot Features: Cul-De-Sac, Fenced Yard
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: 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
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • 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

  • Additional Parcels: No
  • Lot Size Acres: 0.2089
  • Lot Dimensions: 60X31X64X65X114
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8599.64
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Feb 1, 2023
Sold by
Carol A Huntzinger Declaration Of Trust
Bought by
Kirkman Mark and Kirkman Grace Anne
Seller's Agent
Cherie Smith Zurek
RE/MAX Suburban
Buyer's Agent
Lindsay Hill
RE/MAX Ultimate Professionals
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Total Days on Market
47
Views
69
Current Estimated Value
$515,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,813
Avg. Annual Appreciation
13.05%
Original Mortgage
$404,040
Outstanding Balance
$392,957
Interest Rate
6.25%
Mortgage Type
VA
Estimated Equity
$122,856

Purchase Details

Closed on
May 17, 2021
Sold by
Huntzinger Carol A
Bought by
Huntzinger Carol A and Huntzinger Declaration Carol A

Purchase Details

Closed on
May 31, 2007
Sold by
Schmitt Fred A and Schmitt Nancy K
Bought by
Huntzinger Thomas E and Huntzinger Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1997
Sold by
Lynch James M and Lynch Cheryl E
Bought by
Schmitt Fred A and Schmitt Nancy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,100
Interest Rate
7.43%

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
Kirkman Mark $390,000 Chicago Title
Huntzinger Carol A -- Attorney
Huntzinger Thomas E $370,000 Stewart Title Company
Schmitt Fred A $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirkman Mark $404,040
Previous Owner Huntzinger Carol A $150,000
Previous Owner Huntzinger Thomas E $150,000
Previous Owner Schmitt Fred A $68,000
Previous Owner Schmitt Fred A $248,306
Previous Owner Schmitt Fred A $204,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $390,000 -2.5% $159 / Sq Ft
12/22/2022 12/22/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $399,900 -- $163 / 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 $9,133 $135,747 $26,551 $109,196
2023 $8,920 $132,101 $25,838 $106,263
2022 $8,920 $124,224 $23,047 $101,177
2021 $8,600 $121,040 $22,456 $98,584
2020 $8,444 $121,040 $22,456 $98,584
2019 $8,317 $119,984 $22,260 $97,724
2018 $8,085 $117,402 $22,926 $94,476
2017 $8,027 $115,987 $22,650 $93,337
2016 $7,855 $112,315 $21,933 $90,382
2015 $7,721 $106,977 $20,891 $86,086
2014 $7,557 $103,883 $22,539 $81,344
2012 $7,861 $104,101 $22,586 $81,515
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11667176

Midwest Real Estate Data (MRED)

APN: 14-19-403-043