NOT LISTED FOR SALE

80 Lakeview Place Unit A Lake Zurich, IL 60047

Estimated Value: $465,000 - $531,000

3 Beds
4 Baths
2,242 Sq Ft
$221/Sq Ft Est. Value

Last Sold March 08, 2023

Last sale price $420,000 $187 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,709/month

11 Days on Market

Highlights

  • Water Views
  • Beach Access
  • 2 Car Attached Garage
  • May Whitney Elementary School Rated A
  • Property is near a park
  • 3-minute walk to Breezewald Park

About This Home

As of March 2023

Welcome home! Maintenance free lifestyle and parklike setting in the heart of Lake Zurich! End unit with the cutest front porch to your private entrance! Step inside and be wowed by the open, light and bright interior with amazing finishes! Main floor family room with 9ft ceilings and direct access to large two car garage! Don't miss the half bath and laundry room! Go up the stairs and soak up the beauty of the decor- neutral but warm! Soaring 9ft ceilings- and rooms flooded with natural light! Living room with gleaming hardwood floors, recessed lights and balcony overlooking park and lake! Amazing kitchen with stylish espresso color cabinets, stunning glass backsplash, shiny quartz countertops, breakfast bar with pendants lights and huge eat-in area with sliding door to enormous balcony! Great size powder room ideally tucked away completes this level! Another flight of stairs takes you to your sleeping quarters. Primary bedroom suite with sparkling clean full bath, ceiling fan, big closet and spectacular view of the park and the lake! Two additional bedrooms with ceiling fans and large closets share a full bath with timeless finishes. Lots to see, lots to love and the time is now! The unit location is one of a kind too! Lake Zurich Lake is at your back yard and offers endless fun- summer music, boating, fishing. Top School District too. Call for private showing and start your new chapter!

Last Agent to Sell the Property

Randall Brush

Coldwell Banker Realty License #475126619 Listed on: 02/01/2023

Coldwell Banker Realty

Co-Listed By

Phil Lifshin

Coldwell Banker Realty License #471000961

Last Buyer's Agent

Amanda Canger

Baird & Warner License #475202496

Baird & Warner

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,684

Year Built

  • Built in 2017

Lot Details

  • 1,437

HOA Fees

  • $295 Monthly HOA Fees

Parking

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

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Water Views
  • Sump Pump

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • May Whitney Elementary School
  • Lake Zurich Middle - N Campus
  • Lake Zurich High School

Utilities

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

Additional Features

  • Beach Access
  • Lot Dimensions are 28x52x29x43
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, lawn care, snow removal
  • 6 Units
  • Julie Maggio Association, Phone Number (847) 484-2116
  • Somerset Townhomes Subdivision
  • Property managed by Foster Premier

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,684

Year Built

Built in 2017

Lot Details

0

HOA Fees

$295 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Subdivision Name: Somerset Townhomes
  • Year Built: 2017
  • Age: 6-10 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 429900
  • Lot Features: Beach, Park Adjacent, Water View
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • 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: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 295
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Foster Premier
  • Management Contact Name: Julie Maggio
  • Management Phone: 847-484-2116
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: May Whitney 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 Dimensions: 28X52X29X43
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 8684.12
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Mar 7, 2023
Sold by
Mahmoud Sarah A
Bought by
Shane A Strack Living Trust
Seller's Agent
Randall Brush
Coldwell Banker Realty
Buyer's Agent
Amanda Canger
Baird & Warner
List Price
$429,900
Sold Price
$420,000
Premium/Discount to List
-$9,900
-2.3%
Views
41
Current Estimated Value
$495,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,132
Avg. Annual Appreciation
5.19%
Original Mortgage
$336,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2016
Sold by
Bloomingdale 6
Bought by
Mahmoud Sarah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,905
Interest Rate
4.03%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2011
Sold by
Second Step Asset Management Company
Bought by
Bloomingdale 6 Llc

Purchase Details

Closed on
Nov 20, 2009
Sold by
Market Common Communities Lake Zurich Re
Bought by
Second Step Asset Management Company
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
Shane A Strack Living Trust $420,000 Burnet Title
Mahmoud Sarah A $36,000 Illinois Limited Liability C
Bloomingdale 6 Llc $1,359,500 None Available
Second Step Asset Management Company -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shane A Strack Living Trust $336,000
Previous Owner Mahmoud Sarah A $341,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2023 03/08/23 Sold $420,000 -2.3% $187 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $429,900 -- $192 / 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 $9,470 $131,924 $18,208 $113,716
2023 $8,997 $128,381 $17,719 $110,662
2022 $8,997 $120,201 $17,377 $102,824
2021 $8,684 $117,121 $16,932 $100,189
2020 $8,527 $117,121 $16,932 $100,189
2019 $8,397 $116,099 $16,784 $99,315
2018 $6,039 $97,160 $18,055 $79,105
2017 $5,102 $72,728 $17,837 $54,891
2016 $1,339 $17,272 $17,272 $0
2015 $1,323 $16,451 $16,451 $0
2014 $847 $10,412 $10,412 $0
2012 $20 $10,434 $10,434 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11711059

Midwest Real Estate Data (MRED)

APN: 14-20-101-061