NOT LISTED FOR SALE

949 Lorie Ln Lake Zurich, IL 60047

Estimated Value: $915,000 - $1,009,000

5 Beds
5 Baths
4,138 Sq Ft
$234/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $615,000 $149 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,802/month

7 Days on Market

Highlights

  • Water Views
  • Landscaped Professionally
  • Pond
  • Seth Paine Elementary School Rated A
  • Property is adjacent to nature preserve
  • Recreation Room

About This Home

As of September 2020

HUGE PRICE REDUCTION! SELLERS WANT AN OFFER! The peace and tranquility of the suburbs await! If you are searching for a spacious, perfectly maintained sun-filled home..look no further! Enjoy the summer months on the delightful front porch on this peaceful cul-de-sac street or relaxing on the expansive wood deck that overlooks the stunning conservancy adjacent to the property. Inside this custom home are windows galore with amazing views and an open floor plan perfect for entertaining! The welcoming 2 story entry foyer features hardwood flooring that flows throughout most of the first floor. Elegant living room, vaulted ceiling dining room and large office are centrally located in this traditional home. The updated eat-in kitchen features an abundance of white cabinetry, huge center island, attractive backsplash, planning desk and newer appliances. The breakfast area allows access to the newly refinished wood deck, with stairs leading down to the beautifully landscaped yard. The kitchen is open to the family room with the dramatic fireplace, tall windows and plenty of wall space for your TV & electronics! Upgraded lightfixtures, recessed lighting and soft neutral paint colors throughout. The second floor has an enormous Master Bedroom suite with 2 separate walk-in closets and new custom organizers. The recently updated spa bath has a whirlpool tub, separate shower and double vanities.There are 3 additional bedrooms, one en suite with a huge walk-in closet, the other 2 share a Jack & Jill bath and also have over-sized closets! The partially finished & sunlit English basement has a large recreation room, a 5th bedroom, full bath and additional bonus space to finish as you please, the options are limitless! Main level laundry room, has plenty of storage cabinets, access to the immaculate 3 car garage that features a low maintenance epoxy floor! ALSO, new roof, new HVAC, water softener, in-ground sprinkler system, invisible fence and so much more! Excellent schools, parks, retail and dining options are all nearby! Make Lake Zurich your next destination!

Last Agent to Sell the Property

Marcia Vecchione

@properties Christie's International Real Estate License #475152665 Listed on: 08/04/2020

@properties Christie's International Real Estate

Co-Listed By

Michael Vecchione

Coldwell Banker Realty License #475084755

Last Buyer's Agent

Debra Hallberg-Palmer

HomeSmart Connect LLC License #475133117

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,442

Year Built

  • 2001

Lot Details

  • Property is adjacent to nature preserve
  • East or West Exposure
  • Landscaped Professionally

Parking

  • Attached Garage
  • Garage Transmitter
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Stucco Exterior Insulation and Finish Systems
  • Asphalt Shingled Roof

Interior Spaces

  • Built-In Features
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Breakfast Room
  • Home Office
  • Recreation Room
  • Lower Floor Utility Room
  • Storage Room
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • English Basement
  • Finished Basement Bathroom

Outdoor Features

  • Pond

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Water Purifier is Owned
  • Water Softener is Owned

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,442

Year Built

2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 16-20 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.1
  • Total Sq Ft: 4241
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2001
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 6571
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 12
  • Living Room: Dimensions: 13X13, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Range Hood, Water Purifier Owned, Water Softener Owned
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Family Room
  • Basement: English
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 11X12, On Level: Main Level, Flooring: Porcelain Tile
  • Dining Room: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Breakfast Room, Office, Recreation Room, Utility Room-Lower Level, Storage
  • Master Bedroom: Dimensions: 16X20, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 19X11, On Level: Basement, Flooring: Carpet, Windows: Blinds
  • Additional Room 2 Name: Breakfast Rm, Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X18, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Office, Dimensions: 12X15, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 13X16, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Recreation Rm, Dimensions: 30X16, On Level: Basement, Flooring: Carpet, Windows: Blinds
  • Bedroom 4: Dimensions: 12X15, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 5 Name: Utility Room-Lower Level, Dimensions: 41X28, On Level: Basement
  • Additional Room 6 Name: Storage, Dimensions: 16X13, On Level: Basement
  • Estimated Sq Ft: 4138
  • Estimated Total Finished Sq Ft: 4241
  • Basement Sq Ft: 2330
  • Main Level Sq Ft: 2330
  • Upper Level Sq Ft: 1911
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X19, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, EIFS (e.g. Dryvit).
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: E (East)
  • Acreage: 0.37

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Zoned
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

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

Lot Info

  • Lot Dimensions: 122X131X107X157
  • Lot Description: Nature Preserve Adjacent, Landscaped Professionally, Pond, Water View
  • Parcel Identification Number: 14083100110000

Tax Info

  • Taxes: 16809.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Sep 24, 2020
Sold by
Fiedler George K and Fiedler Ruth A
Bought by
Madsen James R and Madsen Rachel A
Seller's Agent
Marcia Vecchione
@properties Christie's International Real Estate
Buyer's Agent
Debra Hallberg-Palmer
HomeSmart Connect LLC
List Price
$629,900
Sold Price
$615,000
Premium/Discount to List
-$14,900
-2.37%
Current Estimated Value
$953,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,169
Avg. Annual Appreciation
8.49%
Original Mortgage
$492,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2005
Sold by
Willes Mark G and Willes Shelle D
Bought by
Fiedler George K and Fiedler Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 16, 2003
Sold by
Moenning David D and Moenning Catherine M
Bought by
Willes Mark G and Willes Shelle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,800
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2001
Sold by
J M L J Construction Co Inc
Bought by
Moenning David D and Moenning Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.37%
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
Madsen James R $615,000 Proper Title Llc
Fiedler George K $778,000 Ticor Title
Willes Mark G $668,500 Chicago Title Insurance Comp
Moenning David D $635,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madsen James R $182,000
Closed Madsen Rachel A $87,917
Closed Madsen James R $61,500
Previous Owner Madsen James R $492,000
Previous Owner Fiedler George K $359,000
Previous Owner Fiedler George K $359,650
Previous Owner Willes Mark G $113,000
Previous Owner Willes Mark G $70,098
Previous Owner Willes Mark G $534,800
Previous Owner Moenning David D $191,000
Previous Owner Moenning David D $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $615,000 -2.4% $149 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $629,900 -- $152 / 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 $18,442 $249,115 $47,268 $201,847
2023 $16,505 $242,424 $45,998 $196,426
2022 $16,505 $215,505 $44,207 $171,298
2021 $15,941 $209,982 $43,074 $166,908
2020 $15,654 $209,982 $43,074 $166,908
2019 $17,234 $232,046 $43,569 $188,477
2018 $16,698 $225,645 $47,022 $178,623
2017 $16,586 $222,925 $46,455 $176,470
2016 $16,271 $215,866 $44,984 $170,882
2015 $16,057 $205,606 $42,846 $162,760
2014 $16,323 $206,664 $41,253 $165,411
2012 $15,744 $207,099 $41,340 $165,759
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10805549

Midwest Real Estate Data (MRED)

APN: 14-08-310-011