NOT LISTED FOR SALE

724 Spencer Ln Unit B-2 Lake Zurich, IL 60047

Estimated Value: $352,000 - $406,000

3 Beds
3 Baths
1,600 Sq Ft
$230/Sq Ft Est. Value

About This Home

This home is located at 724 Spencer Ln Unit B-2, Lake Zurich, IL 60047 and is currently estimated at $368,664, approximately $230 per square foot. 724 Spencer Ln Unit B-2 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
Dec 22, 2021
Sold by
Sungchan Byun Ted and Jin Gina
Bought by
Stengel Lauren N
Current Estimated Value
$368,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,145
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Park Gina Jiin and Byun Ted Sungchan

Purchase Details

Closed on
May 2, 2013
Sold by
Shafer Helen R and Polites Helen R
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 8, 2008
Sold by
Polites George E and Polites Helen R
Bought by
Polites George E and Polites Helen R

Purchase Details

Closed on
Dec 5, 2007
Sold by
Baer Steven H
Bought by
Shaffer Helen R and Polites George E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
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
Stengel Lauren N $268,000 Chicago Title
Park Gina Jiin $215,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Polites George E -- None Available
Shaffer Helen R $245,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stengel Lauren N $263,145
Previous Owner Park Gina Jiin $167,000
Previous Owner Polites Helen $246,000
Previous Owner Shaffer Helen R $220,500
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 $6,655 $95,147 $20,274 $74,873
2023 $6,822 $92,591 $19,729 $72,862
2022 $6,822 $92,596 $16,894 $75,702
2021 $7,051 $90,223 $16,461 $73,762
2020 $6,463 $90,223 $16,461 $73,762
2019 $6,365 $89,436 $16,317 $73,119
2018 $6,077 $85,961 $17,553 $68,408
2017 $6,034 $84,924 $17,341 $67,583
2016 $5,910 $82,235 $16,792 $65,443
2015 $5,818 $78,327 $15,994 $62,333
2014 $5,149 $69,285 $16,636 $52,649
2012 $4,903 $69,431 $16,671 $52,760
Source: Public Records

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