NOT LISTED FOR SALE

6 Summit Terrace Lake Zurich, IL 60047

Estimated Value: $285,000 - $344,524

3 Beds
2 Baths
1,448 Sq Ft
$222/Sq Ft Est. Value

About This Home

This home is located at 6 Summit Terrace, Lake Zurich, IL 60047 and is currently estimated at $321,881, approximately $222 per square foot. 6 Summit Terrace is a home located in Lake County with nearby schools including Seth Paine Elementary School, Lake Zurich Middle School North, and Lake Zurich High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2020
Sold by
Andes Patrick and Andes Alicia
Bought by
Andes Alan Patrick and Andes Alicia
Current Estimated Value
$321,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,661
Outstanding Balance
$92,998
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$220,143

Purchase Details

Closed on
Oct 23, 2009
Sold by
Swider David and Moncada Samuel
Bought by
Andes Patrick and Andes Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,609
Interest Rate
4.96%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2005
Sold by
Cromer Donna C
Bought by
Swider David and Moncada Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2004
Sold by
Cromer Michael J
Bought by
Cromer Donna C

Purchase Details

Closed on
Sep 27, 1996
Sold by
Schuyler David B and Schuyler Lynn E
Bought by
Cromer Michael J and Cromer Donna C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
8.14%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Andes Alan Patrick -- Vylla Llc
Andes Patrick $132,000 First American Title Ins Co
Swider David $238,000 Multiple
Cromer Donna C -- --
Cromer Michael J $135,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andes Alan Patrick $103,661
Closed Andes Patrick $129,609
Previous Owner Swider David $190,400
Previous Owner Cromer Donna C $147,092
Previous Owner Cromer Michael J $50,000
Previous Owner Cromer Michael J $113,000
Previous Owner Cromer Michael J $128,250
Source: Public Records

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 $6,024 $100,836 $24,165 $76,671
2023 $5,719 $92,574 $22,185 $70,389
2022 $5,719 $83,590 $16,484 $67,106
2021 $5,896 $81,448 $16,062 $65,386
2020 $5,790 $81,448 $16,062 $65,386
2019 $5,702 $80,738 $15,922 $64,816
2018 $4,908 $64,548 $17,130 $47,418
2017 $4,876 $63,770 $16,924 $46,846
2016 $4,788 $61,751 $16,388 $45,363
2015 $4,731 $58,816 $15,609 $43,207
2014 $3,780 $52,457 $14,106 $38,351
2012 $3,917 $52,568 $14,136 $38,432
Source: Public Records

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