NOT LISTED FOR SALE

720 Red Bridge Rd Lake Zurich, IL 60047

Estimated Value: $424,000 - $470,000

4 Beds
2.5 Baths
2,408 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $355,000 $147 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,208/month

10 Days on Market

Highlights

  • 2 Car Attached Garage
  • Living Room
  • Forced Air Heating and Cooling System
  • Sarah Adams Elementary School Rated A
  • Laundry Room
  • Dining Room

About This Home

As of March 2023

Welcome to this one-owner home located in the sought-after Countryside of Lake Zurich neighborhood, this property offers everything you need for comfortable and peaceful living. The home features 4 spacious bedrooms and 2 1/2 baths that will accommodate your family's needs. Whether you need space for a home office or a playroom, these bedrooms provide plenty of room to spread out and relax. All are located upstairs, including a primary bedroom with its own bathroom for maximum privacy. The first floor offers ample space for entertaining and relaxing with spacious rooms including a living room, a dining room, a family room with a fireplace, and a kitchen that features a breakfast nook perfect for enjoying morning beverages while watching the wildlife. This charming home is full of potential and ready for your personal touch! With a little love and your creative vision, you can transform this home into your dream home. The interior needs some updates, including a fresh coat of paint and new flooring, but the possibilities are endless. The finished basement space needs some work. It's important to note that the basement has previously been finished, but unfortunately, it now needs to be gutted. This provides an exciting opportunity to put your personal touch on the space and transform it into a stunning area for entertainment or additional living space. You'll love the recently updated kitchen (10 years ago) and the replacement of all the windows, which ensures optimal energy efficiency. The location is unbeatable, as the property is situated near the Youth sports complex, the soccer field, 2 parks, and the public elementary school; Sarah Adams. This is not an estate but an "as-is" sale. This home is waiting for someone with a creative vision to turn this into a masterpiece. Don't miss this fantastic opportunity to own this home in a great neighborhood.

Last Listed By

Donna Plank

@properties Christie's International Real Estate License #471016396 Listed on: 02/17/2023

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,225

Year Built

  • Built in 1976

Lot Details

  • Lot Dimensions are 69 x 125

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,408 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Schools

  • Lake Zurich High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,225

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1976
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 2408
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 4016
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 324900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Lake Zurich High School
  • Middle/Junior School District: 95

Lot Info

  • Lot Dimensions: 69 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 8225.46
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Mar 16, 2023
Sold by
Barbara A Rhodes Trust
Bought by
Dominguez-Flores Carlos and Dominguez Melissa C
Seller's Agent
Donna Plank
@properties Christie's International Real Estate
Buyer's Agent
Jay Reid
HomeSmart Connect LLC
List Price
$324,900
Sold Price
$355,000
Premium/Discount to List
$30,100
9.26%
Total Days on Market
10
Current Estimated Value
$450,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,266
Avg. Annual Appreciation
11.81%
Original Mortgage
$319,500
Outstanding Balance
$311,234
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$139,032

Purchase Details

Closed on
Mar 25, 2019
Sold by
Rhodes Barbara A and Kenneth D Rhodes Trust
Bought by
Rhodes Barbara A and Barbara A Rhodes Trust

Purchase Details

Closed on
Jun 15, 2011
Sold by
Rhodes Kenneth D and Rhodes Barbara A
Bought by
Kenneth D Rhodes Trust and Barbara A Rhodes Trust

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
Dominguez-Flores Carlos $355,000 Chicago Title
Rhodes Barbara A -- Attorney
Kenneth D Rhodes Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dominguez-Flores Carlos $319,500
Previous Owner Rhodes Kenneth D $187,500
Previous Owner Rhodes Kenneth David $220,000
Previous Owner Rhodes Kenneth David $220,000
Previous Owner Rhodes Kenneth D $220,000
Previous Owner Rhodes Kenneth David $200,000
Previous Owner Rhodes Kenneth David $71,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold $355,000 +9.3% $147 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $324,900 -- $135 / 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
2023 $8,533 $128,109 $21,916 $106,193
2022 $8,533 $119,309 $17,873 $101,436
2021 $8,225 $116,252 $17,415 $98,837
2020 $8,077 $116,252 $17,415 $98,837
2019 $7,955 $115,238 $17,263 $97,975
2018 $7,816 $113,865 $18,570 $95,295
2017 $7,760 $112,492 $18,346 $94,146
2016 $7,592 $108,930 $17,765 $91,165
2015 $7,461 $103,753 $16,921 $86,832
2014 $7,105 $98,323 $18,725 $79,598
2012 $7,147 $98,530 $18,764 $79,766
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11721275

Midwest Real Estate Data (MRED)

APN: 14-21-303-008