550 Timberwood Dr
Lake Zurich, IL 60047
3 bd 3 ba 1,484 sqft Built 1987 Lot 10,781 sqft single_family
Most recent sale
$389,000
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2022 | Sold | $389,000 | MLS #11361367 |
| Apr 4, 2022 | Relisted | $389,000 | MLS #11361367 |
| Apr 3, 2022 | Listing removed | $389,000 | MRED |
| Mar 31, 2022 | Listed | $389,000 | MLS #11361367 |
| Mar 16, 2022 | Listing removed | $389,000 | MRED |
| Feb 28, 2022 | Listed | $389,000 | MLS #11334228 |
| Jun 28, 2019 | Sold | $315,000 | MLS #10379798 |
| May 15, 2019 | Listed | $329,900 | MLS #10379798 |
| Jul 30, 2014 | Sold | $270,000 | MLS #08639788 |
| Jun 9, 2014 | Listed | $289,000 | MLS #08639788 |
| Aug 6, 2009 | Sold | $266,000 | Public Record |
| Oct 27, 2000 | Sold | $207,000 | Public Record |
| May 6, 1992 | Sold | $146,000 | Public Record |
| Sep 1, 1988 | Sold | $132,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $91,677 | $32,395 | $124,072 | $8,301 |
| 2023 | $86,083 | $30,419 | $116,502 | $8,289 |
| 2022 | $77,556 | $24,858 | $102,414 | $7,595 |
| 2021 | $75,569 | $24,221 | $99,790 | $7,329 |
| 2020 | $75,569 | $24,221 | $99,790 | $7,197 |
| 2019 | $74,910 | $24,010 | $98,920 | $7,087 |
| 2018 | $67,876 | $25,829 | $93,705 | $6,712 |
| 2017 | $67,058 | $25,518 | $92,576 | $6,619 |
| 2016 | $64,935 | $24,710 | $89,645 | $6,484 |
| 2015 | $61,849 | $23,536 | $85,385 | $6,385 |
| 2014 | $61,849 | $23,536 | $85,385 | $6,159 |
| 2013 | $57,831 | $23,299 | $81,130 | $6,112 |
| 2012 | $62,917 | $23,186 | $86,103 | $6,142 |
| 2011 | $64,405 | $23,734 | $88,139 | $5,799 |
| 2010 | $76,010 | $28,856 | $104,866 | $6,440 |
| 2009 | $79,177 | $30,058 | $109,235 | $6,198 |
| 2008 | $77,571 | $29,448 | $107,019 | $6,098 |
| 2007 | $74,597 | $29,241 | $103,838 | $5,841 |
| 2006 | $57,583 | $32,510 | $90,093 | $5,214 |
Property facts
Year built
1987
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,484 sqft
Lot size
10,781 sqft
ZIP code
60047
City
Lake Zurich
Street
Timberwood Dr
Coordinates
42.18860, -88.07134
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,671
Gross rental yield
8.24%
Implied cap rate
5.36%
Trend-extrapolated value
—
Frequently asked questions
When did 550 Timberwood Dr last sell?
550 Timberwood Dr most recently sold on Apr 29, 2022 for $389,000.
What is the current tax assessment for 550 Timberwood Dr?
The most recent total assessment for 550 Timberwood Dr (year 2024) is $124,072 with $8,301 in property tax.
How does 550 Timberwood Dr's assessment compare to its last sale price?
The current assessment is 68.1% below the last sale price of $389,000.
When was 550 Timberwood Dr built?
550 Timberwood Dr was built in 1987.
How does 550 Timberwood Dr compare to others on Timberwood Dr?
We do not currently track other properties on Timberwood Dr.
What are the property facts for 550 Timberwood Dr?
550 Timberwood Dr is a 3 bed, 3 bath, 1,484 sqft, 10,781 sqft lot single_family.
Is 550 Timberwood Dr a flip candidate?
No — 550 Timberwood Dr does not appear in our flips dataset.
Is 550 Timberwood Dr a tax-appeal candidate?
No — 550 Timberwood Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.1%
Implied 1-yr
-4.4%
2026 Q3
$648.9K
2026 Q4
$641.2K
ZIP 60047 — Median Price History + Forecast
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Geography