$455,000
SOLD JUL 30, 2024

8 Margate Ct Lake Zurich, IL 60047

3 Beds
1.5 Baths
1,704 Sq Ft
0.27 Acres

Recently Sold

$267 Per Sq Ft

3% Above List Price

7 Days on Market

Highlights

  • Cul-De-Sac
  • 2 Car Attached Garage
  • Breakfast Bar
  • Sarah Adams Elementary School Rated A
  • Walk-In Closet
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Welcome to your dream home nestled in the serene cul-de-sac of Lake Zurich! This stunning two-story colonial offers unmatched privacy and tranquility with its expansive backyard adorned with mature trees and professional landscaping. Imagine entertaining on the large wooden deck, surrounded by nature's beauty. Inside, you'll find a beautifully updated kitchen featuring sleek quartz countertops and a gorgeous backsplash, perfect for culinary adventures. With three spacious bedrooms and one and a half modern, recently renovated bathrooms, every detail exudes comfort and style. Located in a fantastic neighborhood, just a stone's throw from Sarah Adams Elementary School and Bristol Trails Park, this home promises both convenience and charm. Lovingly maintained, it's ready for you to move in and make unforgettable memories. Don't miss out on this rare gem - schedule a viewing today before it's gone!

Last Agent to Sell the Property

Bryan Nelson

Baird & Warner License #475170996 Listed on: 06/20/2024

Baird & Warner

Co-Listed By

Nuria De Torres

Baird & Warner License #475202045

Last Buyer's Agent

Mel Gurel

@properties Christie's International Real Estate License #475185593

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,088

Year Built

  • Built in 1987

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 45x168x154x107
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,704 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet

Schools

  • Sarah Adams Elementary School
  • Lake Zurich Middle - S Campus
  • Lake Zurich High School

Utilities

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

Community Details

  • Bristol Trails Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,088

Year Built

Built in 1987

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
  • Subdivision Name: Bristol Trails
  • Year Built: 1987
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • LivingArea: 1704
  • Room Type: Eating Area, Walk In Closet
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 440000
  • Lot Features: Cul-De-Sac
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 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: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Sarah Adams Elementary School
  • High School: Lake Zurich High School
  • Middle/Junior School: Lake Zurich Middle - S Campus
  • Middle/Junior School District: 95

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.27
  • Lot Dimensions: 45X168X154X107
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8088
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Jul 25, 2024
Sold by
Smith Brittani and Nitkiewicz Mathew
Bought by
Pollack Kelly D
Seller's Agent
Bryan Nelson
Baird & Warner
Buyer's Agent
Mel Gurel
@properties Christie's International Real Estate
List Price
$440,000
Sold Price
$455,000
Premium/Discount to List
$15,000
3.41%
Views
25
Current Estimated Value
$469,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,661
Avg. Annual Appreciation
3.63%
Original Mortgage
$255,000
Outstanding Balance
$253,290
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$216,371

Purchase Details

Listed on
Aug 28, 2018
Closed on
Oct 29, 2018
Sold by
Dana Linda K
Bought by
Nitkiewicz Mathew and Smith Brittani
Seller's Agent
Cherie Smith Zurek
RE/MAX Suburban
Buyer's Agent
Keeli Massimo
Redfin Corporation
List Price
$314,999
Sold Price
$297,500
Premium/Discount to List
-$17,499
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$156,500
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1997
Sold by
Kowalski Thomas G and Kowalski Diane
Bought by
Dana Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.56%
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 Type Sale Price Title Company
Warranty Deed $455,000 None Listed On Document
Warranty Deed $297,500 Fidelity National Title
Warranty Deed $115,333 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,000 New Conventional
Previous Owner $156,500 Purchase Money Mortgage
Previous Owner $165,500 New Conventional
Previous Owner $34,700 Credit Line Revolving
Previous Owner $150,900 Unknown
Previous Owner $150,000 Unknown
Previous Owner $34,800 Credit Line Revolving
Previous Owner $90,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Sold $455,000 +3.4% $267 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $440,000 +47.9% $258 / Sq Ft
11/05/2018 11/05/18 Sold $297,500 -5.6% $175 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $314,999 -- $185 / 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 $9,124 $127,406 $31,479 $95,927
2023 $8,088 $123,985 $30,634 $93,351
2022 $8,088 $102,660 $25,734 $76,926
2021 $7,817 $100,030 $25,075 $74,955
2020 $7,676 $100,030 $25,075 $74,955
2019 $7,106 $99,157 $24,856 $74,301
2018 $5,912 $101,258 $26,741 $74,517
2017 $5,909 $100,038 $26,419 $73,619
2016 $5,992 $96,870 $25,582 $71,288
2015 $6,217 $93,581 $24,366 $69,215
2014 $6,694 $88,283 $23,559 $64,724
2012 $6,667 $88,469 $23,609 $64,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11959930

Midwest Real Estate Data (MRED)

APN: 14-21-405-048