616 N Old Rand Rd Lake Zurich, IL 60047
Estimated Value: $489,000 - $560,000
4
Beds
3
Baths
2,390
Sq Ft
$222/Sq Ft
Est. Value
Highlights
- Lake Front
- Beach Access
- Community Lake
- May Whitney Elementary School Rated A
- Boat Slip
- Deck
About This Home
As of September 2021Ready to live like you are on vacation, welcome to 616 N Old Rand Rd! This home is situated back away from Old Rand Rd offering you privacy and safety while still living on the Lake.Be prepared to be wowed when you walk in the front door and into your oasis on the lake. The first floor of the home will welcome you with a large great room, updated kitchen complete with all all high end stainless appliances including a 48" range with a pot filler, a large quartzite island, and soapstone counters. The new cabinets feature both soft close hinges and drawers. The great room offers you the warmth of a gas fireplace with a mantle that has a story (be sure to ask you will want to tell this story when you own this home)! Wait there is more, on the 1st floor you still have a full bathroom with a walk in shower, an office, a living room with another fireplace, and a butler pantry area! When you head up the stairs you will find 4 additional bedrooms and 2 more full baths. The 2nd floor has hardwood floors throughout, large closets in all 4 bedrooms one hallway closet is even a walk in! The full basement is partially finished, offers a ton of storage, a work room, and an additional rec space. All of this surrounded by Kuechmann Park and the Lake Zurich Golf Course. The owners are also selling their 2015 24' Misty Harbor pontoon boat (boat has a 90 HP motor and less than 100 hours of use) trailer and boat lift. The lot on the lake is sunken offering more privacy, almost 40' of lake frontage, and a private pier. New stairs are currently being built and there is a contract to install a new stone retaining wall. Stone is currently on back order and once it arrives will be installed. There is also a new sea wall along the shoreline. Lake Zurich is one of the only lakes in Lake County without a public access boat launch which means no pier no boat! The sellers of this amazing home are offering a home warranty! Most windows new in 2017 hot water heater 2015 furnace and condenser 2014.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,444
Year Built
- Built in 1968
Lot Details
- 0.27 Acre Lot
- Lake Front
- Additional Parcels
Parking
- 2.5 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Space is Owned
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
- Cedar
Interior Spaces
- 2,390 Sq Ft Home
- 2-Story Property
- Wet Bar
- Wood Burning Fireplace
- Gas Log Fireplace
- ENERGY STAR Qualified Windows
- Window Screens
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Combination Dining and Living Room
- Home Office
- Wood Flooring
- Water Views
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range with Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Bathroom on Main Level
- 3 Full Bathrooms
- Dual Sinks
Laundry
- Dryer
- Washer
Outdoor Features
- Beach Access
- Access To Lake
- Tideland Water Rights
- Boat Slip
- Deck
- Brick Porch or Patio
Location
- Property is near a park
Schools
- May Whitney Elementary School
- Lake Zurich Middle - N Campus
- Lake Zurich High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- Community Lake
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2021
Closed on
Sep 13, 2021
Sold by
Griffith Thomas E and Griffith Kristine
Bought by
Sheahan Brendan J and Yutalas Yelizaveta
Seller's Agent
Bonnie Barrington
Coldwell Banker Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$715,388
Sold Price
$685,000
Premium/Discount to List
-$30,388
-4.25%
Total Days on Market
32
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
-$153,366
Avg. Annual Appreciation
-6.62%
Original Mortgage
$548,000
Interest Rate
2.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 24, 2007
Sold by
Chicago Title Land Trust Co
Bought by
Griffith Thomas E and Griffith Kristine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 30, 1996
Sold by
Knowles Robert F
Bought by
Jaynes Harold E and Jaynes Bernice B
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 |
|---|---|---|---|
| Sheahan Brendan J | $685,000 | Chicago Title | |
| Griffith Thomas E | $550,000 | Attorneys Title Guaranty Fun | |
| Jaynes Harold E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sheahan Brendan J | $548,000 | |
| Previous Owner | Griffith Thomas E | $32,000 | |
| Previous Owner | Griffith Thomas E | $319,000 | |
| Previous Owner | Griffith Thomas E | $330,000 | |
| Previous Owner | Griffith Thomas E | $326,000 | |
| Previous Owner | Lasalle Bank National Assn | $100,000 | |
| Previous Owner | Chicago Title Land Trust Co | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2021 09/15/21 | Sold | $685,000 | -4.2% | $287 / Sq Ft |
| 07/28/2021 07/28/21 | Pending | -- | -- | -- |
| 06/25/2021 06/25/21 | For Sale | $715,388 | -- | $299 / 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 | $10,584 | $151,974 | $24,816 | $127,158 |
| 2023 | $8,906 | $142,534 | $22,569 | $119,965 |
| 2022 | $8,906 | $119,044 | $26,725 | $92,319 |
| 2021 | $8,596 | $115,993 | $26,040 | $89,953 |
| 2020 | $8,441 | $115,993 | $26,040 | $89,953 |
| 2019 | $8,312 | $114,981 | $25,813 | $89,168 |
| 2018 | $8,816 | $121,983 | $26,448 | $95,535 |
| 2017 | $8,755 | $120,513 | $26,129 | $94,384 |
| 2016 | $8,582 | $116,697 | $25,302 | $91,395 |
| 2015 | $8,458 | $111,150 | $24,099 | $87,051 |
| 2014 | $8,446 | $109,818 | $25,550 | $84,268 |
| 2012 | $8,036 | $110,049 | $25,604 | $84,445 |
Source: Public Records
Agents Affiliated with this Home
-
Bonnie Barrington
B
Seller's Agent in 2021
Bonnie Barrington
Coldwell Banker Realty
(224) 430-0178
3 in this area
23 Total Sales
-
N
Buyer's Agent in 2021
Non Member
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11120869
APN: 14-18-402-026
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