NOT LISTED FOR SALE

700 June Terrace Lake Zurich, IL 60047

Estimated Value: $328,000 - $354,000

2 Beds
3 Baths
1,822 Sq Ft
$383/mo HOA Fee

Last Sold December 21, 2020

Last sale price $225,000 $123 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,664/month

92 Days on Market

Highlights

  • In Ground Pool
  • Updated Kitchen
  • Mature Trees
  • May Whitney Elementary School Rated A
  • Landscaped Professionally
  • Vaulted Ceiling

About This Home

As of December 2020

End unit Town Home is Back on market! Buyer couldn't sell personal home and could not close. Welcome to Concord Village in the heart of Lake Zurich. 2 story, 2 bedroom and 2.1 baths with a 2-car garage makes this "2" good "2" be true! Located just south of 22. Enjoy 3 levels of living, with a living room, dining room and large eat in kitchen on the main level. Lovely gas start Fireplace is located between dining room and living room. Kitchen offers newer stainless-steel appliances, white upper and lower cabinets, granite counters and custom lighting. Laundry room off of kitchen has newer washer and dryer with plenty of space for drying clothes. Second level offers double door entry into owner's suite with vaulted ceiling, large walk in closet and spa like bath. Second bedroom has large closet and private bath. Both rooms have ceiling fans with lights and custom window treatments. Lower level is currently an exercise room. This room can also make a great office A Zoom Room, a playroom or a family room. Flexible space offers so many choices. Entrance to 2 car garage with additional storage and professional grade flooring. Community has a pool, club house and is located close to shopping (Costco and Deer Park), restaurants, library, schools, gorgeous lake and beach and close to entertainment. Walking distance to so much. Minutes to all major transportation. Additional features include private balcony and gorgeous curb appeal include a side yard and private bench in front of your entrance. 2020-hotwater heater/and 10 windows. Newer appliances, white trim and new cedar trim on exterior of home which was replaced by HOA with no special assessment. Enjoy living in a maintenance free community. Currently there is no homeowners exemption on taxes. With a live in owner the taxes will be lower.

Last Agent to Sell the Property

Peggy Cobrin

Coldwell Banker Realty License #471003480 Listed on: 08/12/2020

Coldwell Banker Realty

Last Buyer's Agent

Sonia Viramontes

Baird & Warner License #475186290

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,827

Year Built

  • 2004

Lot Details

  • Cul-De-Sac
  • East or West Exposure
  • Landscaped Professionally
  • Mature Trees

HOA Fees

  • $383 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Rolled Roof
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • See Through Fireplace
  • Entrance Foyer
  • Finished Basement
  • Partial Basement

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • $1,200 Seller Concession

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,827

Year Built

2004

Lot Details

0

HOA Fees

$383 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 2
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2004
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 2004

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings
  • Number Of Rooms: 6
  • Living Room: Dimensions: 13X13, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Fireplace Details: See through/Multi Sided
  • Fireplace Location: Living Room
  • Basement: Partial
  • Basement: Finished
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 8X6, On Level: Main Level, Flooring: Other
  • Dining Room: Dimensions: 11X9, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Kitchen Type: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Granite Counters, Updated Kitchen
  • Additional Rooms: Balcony, Foyer, Walk In Closet
  • Master Bedroom: Dimensions: 15X15, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Foyer, Dimensions: 6X3, On Level: Main Level
  • Additional Room 2 Name: Walk in Closet, Dimensions: 8X6, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 3 Name: Balcony, Dimensions: 12X4, On Level: Main Level
  • Additional Room 4 Name: Walk in Closet, Dimensions: 4X5, On Level: 2nd Level
  • Additional Room 5 Name: Walk in Closet, Dimensions: 3X5, On Level: Main Level
  • Estimated Sq Ft: 1822
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 15X13, On Level: Lower, Flooring: Wood Laminate, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Rolled)
  • Exterior Property Features: Balcony, Pool In-Ground, Storms/Screens
  • Exposure: E (East)

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Pool-Outdoors
  • Assessment Includes: Water, Common Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 383
  • Management Contact Name: MANAGER
  • Management Phone: 630-530-1122

Fee Information

  • Management Company: Vista property management

Schools

  • School District: 95
  • Elementary School: May Whitney Elementary School
  • Middle School: Lake Zurich Middle - N Campus
  • High School: Lake Zurich High School
  • Junior High Dist: 95

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Cul-de-sac, Landscaped Professionally, Mature Trees
  • Parcel Identification Number: 14203071310000

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 3

Tax Info

  • Taxes: 6222.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Dec 17, 2020
Sold by
Mccormack Gregory J and Mccormack Lisa M
Bought by
Martinez Joel and Salinas Filemon
Seller's Agent
Peggy Cobrin
Coldwell Banker Realty
Buyer's Agent
Sonia Viramontes
Baird & Warner
List Price
$225,000
Sold Price
$225,000
Total Days on Market
92
Current Estimated Value
$338,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,363
Avg. Annual Appreciation
8.87%
Original Mortgage
$217,490
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2019
Sold by
Gregory And Lisa Mccormack Living Trust
Bought by
Mccormack Gregory J and Mccormack Lisa R

Purchase Details

Closed on
Jul 29, 2014
Sold by
Mangan Joseph H and Mangan Valerie G
Bought by
The Gregory & Lisa Mccormack Living Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2011
Sold by
Mangan Joseph H
Bought by
Mangan Joseph H and Mangan Valerie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,799
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2004
Sold by
Concord At Lake Zurich Llc
Bought by
Mangan Joseph H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,200
Interest Rate
5.89%
Mortgage Type
Unknown
Source: Public Records

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
Martinez Joel $225,000 Burnet Title Post Closing
Mccormack Gregory J -- Dukane Title Insurance Co
The Gregory & Lisa Mccormack Living Trus $198,000 Dukane Title Insurance Co
Mangan Joseph H -- First American Title Ins Co
Mangan Joseph H $259,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Joel $217,490
Previous Owner The Gregory & Lisa Mccormack Living Trus $158,400
Previous Owner Mangan Joseph H $187,799
Previous Owner Mangan Joseph H $25,000
Previous Owner Mangan Joseph H $233,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $225,000 0.0% $123 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $225,000 0.0% $123 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/04/2020 09/04/20 Price Changed $225,000 -8.1% $123 / Sq Ft
08/12/2020 08/12/20 For Sale $244,900 -- $134 / 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 $5,827 $84,333 $19,101 $65,232
2023 $6,186 $82,068 $18,588 $63,480
2022 $6,186 $84,527 $15,603 $68,924
2021 $5,968 $82,361 $15,203 $67,158
2020 $6,320 $82,361 $15,203 $67,158
2019 $6,222 $81,642 $15,070 $66,572
2018 $5,100 $73,114 $16,212 $56,902
2017 $5,064 $72,233 $16,017 $56,216
2016 $4,958 $69,946 $15,510 $54,436
2015 $4,877 $66,622 $14,773 $51,849
2014 $4,960 $60,980 $17,884 $43,096
2012 $4,262 $61,109 $17,922 $43,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10808124

Midwest Real Estate Data (MRED)

APN: 14-20-307-131