NOT LISTED FOR SALE

724 Spencer Ln Lake Zurich, IL 60047

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

3 Beds
3 Baths
1,598 Sq Ft
$231/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $268,000 $168 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,920/month

62 Days on Market

Highlights

  • Attached Garage
  • Seth Paine Elementary School Rated A
  • Combination Dining and Living Room

About This Home

As of December 2021

FANTASTIC OPPORTUNITY TO OWN A 2 STORY TOWN HOUSE IN FLINT CROSSING OF LAKE ZURICH. 2 STORY TOWN HOMES WITH A FULL BASEMENT. COMPLETELY MOVE IN READY WITH FRESH PAINT AND BRAND NEW CARPETS. 3 BEDROOMS AND 2 FULL AND 1 HALF BATH. HARDWOOD FLOORS ON THE MAIN LEVEL WITH VAULTED CEILINGS IN THE LIVING ROOM AND DINING ROOM. TILED KITCHEN WITH LUXURY MAPLE CABINETRY. STAINLESS STEEL NEW APPLIANCES. GRANITE COUNTERS. MASTER BEDROOM ON THE MAIN LEVEL. GREAT CLOSET SPACE. SEPARATE TUN ABD SEPARATE SHOWER IN MASTER BATHROOM WITH DUAL VANITY. NEWER WASHER AND DRYER, NEW AIRCONDITIONER. 2ND FLOOR HAS 2 LARGE BEDROOMS, AND A LARGE LANDING AREA. GREAT DYNAMIC FLOOR PLAN. BASEMENT IS FULLY INSULATED AND HAS AMAZING POTENTIAL WITH ROUGH IN BATHROOM ALREADY IN PLACE. PATIO AND A BACKYARD THAT LIVES LIKE A SINGLE FAMILY HOME. EASY ACCESS TO RAND ROAD AND ALL THE SHOPPING AND GROCERY THAT YOU COULD WANT! HOMES ARE ALSO RENTABLE FOR LONG TERM OWNERS UNLIKE SOME OTHER PROJECTS IN LAKE ZURICH.

Last Agent to Sell the Property

AJ|Abhijit Leekha

Property Economics Inc. License #471009447 Listed on: 09/29/2021

Last Buyer's Agent

Lisa Lenczewski

Baird & Warner License #475179238

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,655

Year Built

  • 2005

Lot Details

  • 2,309

HOA Fees

  • $296 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Interior Spaces

  • Combination Dining and Living Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • Dual Sinks
  • Separate Shower

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 3 Units
  • Greg Taylor Association, Phone Number (708) 303-8464
  • Property managed by Flint Crossing HOA

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,655

Year Built

2005

Lot Details

0

HOA Fees

$296 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Townhouse-2 Story
  • Property Sub Type: Townhouse-2 Story
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Directions: Miller Rd & Hwy 12, S2 Samantha (Flint Crossing entrance), W2 Spencer, N2 #
  • Lot Size: 66 X 35
  • Master Model: ARLINGTON
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Subdivision Name: Flint Crossing
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Laundry Hook-Up in Unit
  • Other Equipment: Fire Sprinklers, CO Detectors, Ceiling Fan(s), Sump Pump
  • Dining Room Type: Eating Area
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Patio, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Aluminum Siding,Brick
  • Lot Features: Cul-De-Sac, Landscaped
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Flint Crossing HOA
  • Management Contact Name: Greg Taylor
  • Management Phone: 708-303-8464
  • Association Fee: 296
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Elementary School: Seth Paine Elementary School
  • High School: Lake Zurich High School
  • Junior High Dist: 95
  • Middle Or Junior School: Lake Zurich Middle - N Campus

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 3

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 6364.98
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Dec 22, 2021
Sold by
Sungchan Byun Ted and Jin Gina
Bought by
Stengel Lauren N
Seller's Agent
AJ|Abhijit Leekha
Property Economics Inc.
Buyer's Agent
Lisa Lenczewski
Baird & Warner
List Price
$279,000
Sold Price
$268,000
Premium/Discount to List
-$11,000
-3.94%
Total Days on Market
62
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.
Estimated Appreciation
$100,664
Avg. Annual Appreciation
9.74%
Original Mortgage
$263,145
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 31, 2013
Closed on
Oct 3, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Park Gina Jiin and Byun Ted Sungchan
Seller's Agent
Stan Sorenson
RE/MAX Plaza
Buyer's Agent
Mia kim
iProperties
List Price
$239,900
Sold Price
$215,000
Premium/Discount to List
-$24,900
-10.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%

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

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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
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

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $268,000 -3.9% $168 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $279,000 +29.8% $175 / Sq Ft
11/13/2013 11/13/13 Sold $215,000 -4.4% $135 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
09/03/2013 09/03/13 Price Changed $224,900 -6.3% $141 / Sq Ft
07/31/2013 07/31/13 For Sale $239,900 -- $150 / 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 $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

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11232959

Midwest Real Estate Data (MRED)

APN: 14-18-102-073