NOT LISTED FOR SALE

988 Cormar Dr Lake Zurich, IL 60047

Estimated Value: $590,519 - $679,000

5 Beds
3 Baths
2,515 Sq Ft
$254/Sq Ft Est. Value

Last Sold May 29, 2019

Last sale price $438,000 $174 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,356/month

33 Days on Market

Highlights

  • Landscaped Professionally
  • Contemporary Architecture
  • Recreation Room
  • May Whitney Elementary School Rated A
  • Property is near a park
  • 1-minute walk to Wicklow Park

About This Home

As of May 2019

Pristine, updated, and freshly painted Wicklow Village beauty! This 5 bedroom, 2.5 bath home features a grand, two-story foyer, modern Pottery Barn light fixtures, plenty of premium upgrades, and a finished basement. Gleaming hardwood floors resurfacedion 2018 throughout the two-story formal living room and dining room. Gorgeous eat-in kitchen with granite counters, double oven, premium cooktop, custom subway tile backsplash, and s/s appliances opens up to the family room with fireplace. Separate laundry/mud room. Large master suite with cathedral ceilings and a private master bath with double vanities, stand-up shower, and separate tub. Enjoy your beautifully landscaped back yard from your paver patio, steps to the park and soccer fields, walking distance to neighborhood ponds. New insulated garage door, new bay window, new roof and siding plus much more! This stunning home needs nothing but you to move in.

Last Agent to Sell the Property

Luigui Corral

RE/MAX American Dream License #471019538 Listed on: 03/29/2019

RE/MAX American Dream

Last Buyer's Agent

Samantha Kalamaras

@properties Christie's International Real Estate License #475122440

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,235

Year Built | Renovated

  • 1998 | 2018

Lot Details

  • 10,019

HOA Fees

  • $31 per month

Parking

  • Attached Garage
  • Parking Available
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Recreation Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Patio
  • Landscaped Professionally
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,235

Year Built | Renovated

1998 | 2018

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2018
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Contemporary
  • Type Detached: 2 Stories
  • Estimated Year Built: 1998
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998
  • Year Renovated: 2018

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 13X16, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Sump Pump
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • 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: 12X9, On Level: Main Level
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 14X19, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: 5th Bedroom, Recreation Room
  • Master Bedroom: Dimensions: 15X16, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 13X14, On Level: Basement, Flooring: Carpet, Windows: Blinds
  • Additional Room 2 Name: Recreation Rm, Dimensions: 41X28, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 11X16, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 11X15, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 4: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 2515
  • Dining Room Type: Separate
  • Family Room: Dimensions: 16X16, On Level: Main Level, Flooring: Carpet, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.23

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage, Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Common Insurance
  • Assessment Association Fees: 370

Schools

  • School District: 95
  • Elementary School: May Whitney Elementary School
  • Middle School: Lake Zurich Middle - N Campus
  • High School: Lake Zurich High School
  • Junior High Dist: 95

Lot Info

  • Lot Dimensions: 34X42X136X59X43X130
  • Lot Description: Landscaped Professionally, Park Adjacent
  • Parcel Identification Number: 14094020320000

Tax Info

  • Taxes: 9895.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
May 29, 2019
Sold by
Tan Jun and Wu Dayi
Bought by
Parchert Nicholas R and Parchert Kathryn L
Seller's Agent
Luigui Corral
RE/MAX American Dream
Buyer's Agent
Samantha Kalamaras
@properties Christie's International Real Estate
List Price
$467,000
Sold Price
$438,000
Premium/Discount to List
-$29,000
-6.21%
Current Estimated Value
$639,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,380
Avg. Annual Appreciation
5.75%

Purchase Details

Closed on
Jun 2, 2005
Sold by
Frederick John B
Bought by
Tan Jun and Wu Dayi

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%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 11, 1998
Sold by
Lake Zurich Ltd Partnership
Bought by
Frederick John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,200
Interest Rate
7.07%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Parchert Nicholas R $438,000 Proper Title Llc
Tan Jun $460,000 Wheatland Title
Frederick John B $282,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tan Jun $359,650
Previous Owner Frederick John B $225,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2019 05/29/19 Sold $438,000 -6.2% $174 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $467,000 -- $186 / 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 $11,235 $154,976 $27,591 $127,385
2023 $11,128 $150,814 $26,850 $123,964
2022 $11,128 $147,249 $27,370 $119,879
2021 $10,744 $143,476 $26,669 $116,807
2020 $10,550 $143,476 $26,669 $116,807
2019 $10,388 $142,224 $26,436 $115,788
2018 $9,963 $137,076 $28,244 $108,832
2017 $9,896 $135,424 $27,904 $107,520
2016 $9,702 $131,135 $27,020 $104,115
2015 $9,565 $124,903 $25,736 $99,167
2014 $10,474 $134,751 $30,346 $104,405
2012 $9,963 $135,035 $30,410 $104,625
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10324840

Midwest Real Estate Data (MRED)

APN: 14-09-402-032