NOT LISTED FOR SALE

765 Summit Rd Lake Zurich, IL 60047

Estimated Value: $410,000 - $434,511

3 Beds
2 Baths
1,162 Sq Ft
$362/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $391,000 $336 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,800/month

Highlights

  • Deck
  • Recreation Room
  • Backs to Trees or Woods
  • Seth Paine Elementary School Rated A
  • Ranch Style House
  • Wood Flooring

About This Home

As of June 2023

ON WOODED HALF ACRE & ALL MODERNIZED. SHARP MOVE IN READY MID CENTURY HOME IN IDEAL LOCATION. PRIVATE & PICTURESQUE BACKYARD WITH DECK, SHED. FRONT HAS UNIQUE CUSTOM DESIGNED STAIRCASE. GLEAMING HARDWOOD FLOORS PLUS BEAMED HIGH WOOD CEILING. CUSTOM SHADES. LARGE FAMILY ROOM IN LOWER LEVEL WITH WOOD LAMINATE. HEATED GARAGE. MINUTES AWAY FROM SHOPPING, PARKS, RESTAURANTS. LZ SCHOOLS OFFER EXCELLENT INSTRUCTION ALONG WITH TOP RATED ATHLETIC PROGRAMS.

Last Agent to Sell the Property

Joan Dailey

RE/MAX Advisors License #475068475 Listed on: 05/19/2023

RE/MAX Advisors

Last Buyer's Agent

Edward Colatorti

Compass License #475168788

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,682

Year Built

  • Built in 1955 | Remodeled in 2015

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 100x195x79x61x206
  • Paved or Partially Paved Lot
  • Backs to Trees or Woods

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,162 Sq Ft Home
  • Beamed Ceilings
  • Ceiling height of 10 feet or more
  • Wood Burning Fireplace
  • Insulated Windows
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Property Views

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • English Basement
  • Partial Basement
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck
  • Shed

Schools

  • Seth Paine Elementary School
  • Lake Zurich Middle - N Campus
  • Lake Zurich High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener Leased
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,682

Year Built

Built in 1955 | Remodeled in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Water Softener Rented, Electric Cooktop, Electric Oven
  • Basement: Partial, English
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath, Ceiling - 10 Foot, Beamed Ceilings, Some Window Treatmnt, Drapes/Blinds, Some Insulated Wndws
  • LivingArea: 1162
  • Other Equipment: Water-Softener Rented, TV-Cable, TV-Dish, CO Detectors, Sump Pump
  • Room Type: Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Door Features: 6 Panel Door(s),Sliding Glass Door(s)
  • Window Features: Window Treatments
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 379900
  • Lot Features: Backs to Trees/Woods, Views, Sidewalks
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Frame

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Seth Paine Elementary School
  • High School: Lake Zurich High School
  • Middle/Junior School: Lake Zurich Middle - N Campus
  • Middle/Junior School District: 95

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.52
  • Lot Dimensions: 100X195X79X61X206
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5682
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2017
Sold by
Kain Sheila G and Kain Stanley H
Bought by
Kain Sheila G and Kain Stanley H
Current Estimated Value
$420,628

Purchase Details

Listed on
Aug 24, 2015
Closed on
Nov 3, 2015
Sold by
Noble Caleb and Noble Freda
Bought by
Sheila G Kain Family Inheritance Revocab
Seller's Agent
David Nobbe
Baird & Warner
Buyer's Agent
Cherie Smith Zurek
RE/MAX Suburban
List Price
$325,000
Sold Price
$316,000
Premium/Discount to List
-$9,000
-2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%

Purchase Details

Listed on
Jun 12, 2013
Closed on
Sep 5, 2013
Sold by
Federal National Mortgage Association
Bought by
Noble Caleb and Noble Freda
Seller's Agent
Jane Hawkins
Coldwell Banker Residential Brokerage
Buyer's Agent
David Nobbe
Baird & Warner
List Price
$149,900
Sold Price
$143,000
Premium/Discount to List
-$6,900
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.22%
Original Mortgage
$183,321
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 2013
Sold by
Stypka Artur
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 25, 2005
Sold by
Blair Leon N
Bought by
Stypka Artur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2002
Sold by
Treacy Colin H
Bought by
Blair Leon N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.37%
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
Kain Sheila G -- Attorney
Sheila G Kain Family Inheritance Revocab $316,000 Chicago Title
Noble Caleb $143,000 Premier Title
Federal National Mortgage Association -- Premier Title
Stypka Artur $306,000 Rtc
Blair Leon N $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Noble Caleb $183,321
Previous Owner Stypka Artur $244,800
Previous Owner Blair Leon N $228,000
Previous Owner Treacy Colin H $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $391,000 +2.9% $336 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $379,900 +20.2% $327 / Sq Ft
11/03/2015 11/03/15 Sold $316,000 -2.8% $272 / Sq Ft
09/05/2015 09/05/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $325,000 +127.3% $280 / Sq Ft
10/17/2013 10/17/13 Sold $143,000 -4.6% $123 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
08/03/2013 08/03/13 For Sale $149,900 0.0% $129 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $149,900 0.0% $129 / Sq Ft
06/24/2013 06/24/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $149,900 -- $129 / 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 $6,091 $101,761 $26,309 $75,452
2023 $5,682 $93,422 $24,153 $69,269
2022 $5,682 $83,124 $17,989 $65,135
2021 $5,470 $80,994 $17,528 $63,466
2020 $5,371 $80,994 $17,528 $63,466
2019 $5,292 $80,287 $17,375 $62,912
2018 $4,129 $66,679 $18,693 $47,986
2017 $4,097 $65,876 $18,468 $47,408
2016 $4,383 $63,790 $17,883 $45,907
2015 $4,309 $60,758 $17,033 $43,725
2014 $3,793 $52,615 $14,872 $37,743
2012 $3,983 $52,725 $14,903 $37,822
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11787455

Midwest Real Estate Data (MRED)

APN: 14-17-103-002