$295,000
SOLD AUG 30, 2024

95 N Rand Rd Lake Zurich, IL 60047

3 Beds
2.5 Baths
2,026 Sq Ft
0.37 Acres

Recently Sold

$146 Per Sq Ft

21% Below List Price

38 Days on Market

Highlights

  • Community Lake
  • Property is near a park
  • Corner Lot
  • Seth Paine Elementary School Rated A
  • Ranch Style House
  • Home Office

About This Home

As of August 2024

Lake rights included & access to Lake Zurich's private "West Lake Beach Club"! Don't miss out on your chance to own this truly unique property! Mixed-use business/residential 3-bedroom ranch on over 0.37 acres! Anderson windows! Located close to everything Lake Zurich has to offer! Had been a full service hair salon (La Chalet Hair Design). The home/business has amazing potential! Property is currently zoned R-5 (residential) with a variance for your business or office! Includes lake rights to Lake Zurich!

Last Agent to Sell the Property

Winfield Cohen

Keller Williams Success Realty License #475124153 Listed on: 06/14/2024

Keller Williams Success Realty

Last Buyer's Agent

Igor Khotimskiy

American Real Estate Services License #475131854

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,429

Year Built

  • Built in 1949

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 121x122x132x122
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,026 Sq Ft Home
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Parking

  • 8 Parking Spaces
  • Driveway
  • On-Street Parking
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Tideland Water Rights
  • Patio

Location

  • Property is near a park

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

Community Details

  • Ranch
  • Community Lake

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,429

Year Built

Built in 1949

Lot Details

0

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: 1949
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 2026
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Office, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 325000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking Features: Side Apron, Driveway
  • ParkingTotal: 8
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Water Rights, Street Paved
  • 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

  • Lot Size Acres: 0.374
  • Lot Dimensions: 121X122X132X122
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 3428.54
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 19, 2024
Sold by
Burke Shirley Jean
Bought by
Mendez Erick
Seller's Agent
Winfield Cohen
Keller Williams Success Realty
Buyer's Agent
Igor Khotimskiy
American Real Estate Services
List Price
$375,000
Sold Price
$295,000
Premium/Discount to List
-$80,000
-21.33%
Views
130
Current Estimated Value
$323,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,204
Avg. Annual Appreciation
12.52%
Original Mortgage
$236,000
Outstanding Balance
$234,140
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$90,811

Purchase Details

Closed on
Sep 26, 2023
Sold by
Burke Shirley Jean
Bought by
Burke Shirley Jean and Burke John
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 $295,000 Chicago Title
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $236,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $295,000 -9.2% $146 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/19/2024 07/19/24 Price Changed $325,000 -7.1% $160 / Sq Ft
06/28/2024 06/28/24 Price Changed $350,000 -6.7% $173 / Sq Ft
06/14/2024 06/14/24 For Sale $375,000 -- $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 $3,429 $115,932 $39,366 $76,566
2023 $3,827 $98,103 $33,312 $64,791
2022 $3,827 $91,800 $32,668 $59,132
2021 $3,797 $89,448 $31,831 $57,617
2020 $3,728 $89,448 $31,831 $57,617
2019 $3,654 $88,667 $31,553 $57,114
2018 $3,716 $98,332 $33,945 $64,387
2017 $3,714 $97,147 $33,536 $63,611
2016 $3,767 $94,071 $32,474 $61,597
2015 $3,908 $89,600 $30,931 $58,669
2014 $3,943 $79,396 $26,041 $53,355
2012 $3,728 $79,563 $26,096 $53,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12083592

Midwest Real Estate Data (MRED)

APN: 14-18-318-006