NOT LISTED FOR SALE

711 Spencer Ln Lake Zurich, IL 60047

Estimated Value: $437,474 - $513,000

3 Beds
3 Baths
2,125 Sq Ft
$217/Sq Ft Est. Value

Last Sold October 06, 2014

Last sale price $351,000 $165 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,525/month

17 Days on Market

Highlights

  • Wood Flooring
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Seth Paine Elementary School Rated A
  • Soaking Tub

About This Home

As of October 2014

NEW CONSTRUCTION! DELIVERY IN FALL 2014. END UNIT. OPN FLR PLAN W/DRAMATIC 2 STRY LVNG RM,UPGRADED KIT W/42"CABS,GRAN TOPS,SS APPLS & HW FLRS! EAS, ARCHITECHTURAL DETAILS IN LVNG RM.9' CEIL T/O 1ST FLR! MSTR STE HAS TRAY CEIL,HIS/HERS WIC,LUX BTH & SEP SHWR. +2 BRS W/JACK&JILL BA. FIRE SPRINKLER SYS,LOW E WNDWS & 2 ZONE HGH EFF COOLING SYS!MIN FRM LAKE&SHOPPING! **PICS OF MODEL UNIT.

Last Agent to Sell the Property

Jane Lee

RE/MAX Top Performers License #471004433 Listed on: 04/18/2014

Co-Listed By

Eliana Leiva

RE/MAX Top Performers License #475143193

Last Buyer's Agent

Lori Barranco

Baird & Warner

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,442

Year Built

  • 2014

Lot Details

  • 2,657

HOA Fees

  • $237 per month

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Utilities

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

Additional Features

  • Wood Flooring
  • Laundry on upper level
  • Unfinished Basement

Community Details

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,442

Year Built

2014

Lot Details

0

HOA Fees

$237 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: NEW Under Construction
  • New Construction: Y
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2014
  • Type Attached: Townhouse-2 Story
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 2014

Interior Features

  • Interior Property Features: Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 7
  • Living Room: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher
  • Equipment: Sump Pump
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 15X09, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X14, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 17X13, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 2125
  • Family Room: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood, Windows: None

Exterior Features

  • Exterior Building Type: Vinyl Siding, Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • 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

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 237

Schools

  • School District: 95
  • Elementary School: SETH PAINE ELEMENTARY SCHOOL
  • Middle School: LAKE ZURICH MIDDLE - N CAMPUS
  • High School: LAKE ZURICH HIGH SCHOOL
  • Junior High Dist: 95

Lot Info

  • Lot Dimensions: 38X66
  • Parcel Identification Number: 00000000000000

Multi Family

  • Total Number Unitsin Building: 3
  • Number Stories: 2

Tax Info

  • Taxes: NEW

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2014
Closed on
Oct 6, 2014
Sold by
Luxor Home Builders Llc
Bought by
Veren Richard D and Veren Cindy K
Seller's Agent
Jane Lee
RE/MAX Top Performers
Buyer's Agent
Lori Barranco
Baird & Warner
List Price
$334,900
Sold Price
$351,000
Premium/Discount to List
$16,100
4.81%
Total Days on Market
17
Current Estimated Value
$460,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,369
Avg. Annual Appreciation
2.56%
Original Mortgage
$75,000
Outstanding Balance
$26,294
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$433,564
Source: Public Records

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Range of Values:

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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
Veren Richard D $351,000 Ct
Luxor Home Builders Llc $18,000 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veren Richard D $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2014 10/06/14 Sold $351,000 +4.8% $165 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $334,900 -- $158 / 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 $8,442 $118,488 $23,250 $95,238
2023 $8,636 $115,306 $22,626 $92,680
2022 $8,636 $115,620 $19,376 $96,244
2021 $8,804 $112,657 $18,879 $93,778
2020 $8,645 $112,657 $18,879 $93,778
2019 $8,511 $111,674 $18,714 $92,960
2018 $7,881 $103,658 $20,131 $83,527
2017 $7,830 $102,408 $19,888 $82,520
2016 $7,688 $101,033 $19,258 $81,775
2015 $7,654 $95,153 $18,343 $76,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08589421

Midwest Real Estate Data (MRED)

APN: 14-18-102-092