NOT LISTED FOR SALE

1040 Wellington Ave Libertyville, IL 60048

Estimated Value: $651,000 - $762,000

4 Beds
2.5 Baths
2,626 Sq Ft
$270/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $600,000 $228 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,894/month

29 Days on Market

Highlights

  • Recreation Room
  • Traditional Architecture
  • Corner Lot
  • Butterfield School Rated A-
  • Wood Flooring
  • Wine Refrigerator

About This Home

As of October 2022

Step inside this stunning 4 bedroom, 2.1 bath home and note the hardwood floors, trim base/crown molding and a beautiful staircase. Many upgrades and beautiful appointments throughout this home! Remodeled in 2021, the kitchen has semicustom white shaker cabinetry, quartz countertops and stainless-steel appliances. Newer oven, microwave, dishwasher, wine cooler and high-end refrigerator (2020). Note the custom created island! The stone backsplash, glass cabinetry, countertops, are highlighted by undermounted electric lighting. Formal dining room and living room have BEAUTIFUL custom drapery! Living room and eat in kitchen have a bay window that welcome natural lighting and views. The family room has a woodburning fireplace, with sliding doors leading to the back paver patio. Primary bedroom ensuite has added closets, a 2021 remodeled bath, and an additional room that can be used as an office/nursery or 5th bedroom. Second full bath remodel in 2019. Finished basement has brand new carpeting and has been freshly painted. Additional bonus room with closet! Professionally landscaped with a privacy fence in back. Window Flower Boxes are a beautiful touch! Brick pavers make for comfortable outdoor gathering space. Cul de sac location. This home is a 10+.

Last Agent to Sell the Property

Kathryn Freese

Berkshire Hathaway HomeServices Chicago License #471018456 Listed on: 08/26/2022

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Michelle Nunez

Baird & Warner License #475138042

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,908

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 157x101x83x124x54
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,626 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Attached Fireplace Door
  • Double Pane Windows
  • Insulated Windows
  • Blinds
  • Drapes & Rods
  • Bay Window
  • Aluminum Window Frames
  • Window Screens
  • Open Floorplan
  • Recreation Room
  • Bonus Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Unfinished Attic
  • Gas Dryer Hookup

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Home Security

  • Storm Screens
  • Storm Windows

Outdoor Features

  • Brick Porch or Patio

Schools

  • Butterfield Elementary School
  • Highland Middle School
  • Libertyville High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Cambridge North Subdivision, Westminster Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,908

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Cambridge North
  • Year Built: 1979
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Dishwasher, High End Refrigerator, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood, Gas Cooktop
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Attached Fireplace Doors/Screen
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Walk-In Closet(s), Some Window Treatmnt, Dining Combo
  • LivingArea: 2626
  • Room Type: Other Room, Recreation Room, Bonus Room
  • Estimated Total Finished Sq Ft: 6106
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Other
  • Square Footage Comments: Finished Basement 854 sq feet
  • Total Sq Ft: 6106
  • Attic: Unfinished
  • Door Features: Panel Door(s),6 Panel Door(s)
  • Window Features: Aluminum Frames,Bay Window(s),Blinds,Double Pane Windows,Curtains/Drapes,Insulated Windows,Screens,Storm Window(s),Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Brick Paver Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Butterfield School
  • High School: Libertyville High School
  • Middle/Junior School: Highland Middle School

Lot Info

  • Lot Dimensions: 157X101X83X124X54
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 11907.64
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Oct 21, 2022
Sold by
Land Peter G and Land Kathryn E
Bought by
Scheuer Mark D and Scheuer Jennifer L
Seller's Agent
Kathryn Freese
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Michelle Nunez
Baird & Warner
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Views
5
Current Estimated Value
$707,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,744
Avg. Annual Appreciation
5.60%
Original Mortgage
$480,000
Outstanding Balance
$463,943
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$243,801

Purchase Details

Closed on
Mar 9, 2003
Sold by
Katheryn E Land Revocable Trust
Bought by
Land Peter G and Land Katheryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,700
Interest Rate
5.86%

Purchase Details

Closed on
Feb 27, 2002
Sold by
Land Peter G and Land Kathryn E
Bought by
The Kathryn E Land Revocable Trust

Purchase Details

Closed on
Oct 8, 2001
Sold by
Gieske C Sue and Knight Nancy
Bought by
Land Peter G and Land Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.62%

Purchase Details

Closed on
Jun 28, 2001
Sold by
Strasburg Dennis and Strasburg Anna Lee
Bought by
Gieske C Sue and Knight Nancy

Purchase Details

Closed on
Jun 19, 1997
Sold by
Strasburg Dennis and Strasburg Anna Lee
Bought by
Strasburg Dennis and Strasburg Anna Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,500
Interest Rate
8%
Source: Public Records

Range of Values:

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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
Scheuer Mark D $600,000 --
Land Peter G -- First American Title
The Kathryn E Land Revocable Trust -- --
Land Peter G $420,000 --
Gieske C Sue $249,500 --
Strasburg Dennis -- Intercounty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheuer Mark D $480,000
Previous Owner Land Peter G $357,700
Previous Owner Land Peter G $336,000
Previous Owner Strasburg Dennis $190,500
Closed Land Peter G $21,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2022 10/26/22 Sold $600,000 -1.6% $228 / Sq Ft
09/25/2022 09/25/22 Pending -- -- --
09/20/2022 09/20/22 Price Changed $610,000 -2.4% $232 / Sq Ft
09/15/2022 09/15/22 For Sale $625,000 0.0% $238 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $625,000 -- $238 / 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 $14,057 $190,219 $66,439 $123,780
2023 $13,485 $175,446 $61,279 $114,167
2022 $12,369 $160,653 $58,900 $101,753
2021 $11,908 $157,195 $57,632 $99,563
2020 $11,459 $154,552 $56,663 $97,889
2019 $11,175 $153,082 $56,124 $96,958
2018 $10,237 $145,378 $55,278 $90,100
2017 $10,094 $140,788 $53,533 $87,255
2016 $9,756 $133,487 $50,757 $82,730
2015 $9,664 $124,766 $47,441 $77,325
2014 $9,172 $116,398 $43,743 $72,655
2012 $9,341 $117,407 $44,122 $73,285
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11614533

Midwest Real Estate Data (MRED)

APN: 11-17-201-028