NOT LISTED FOR SALE

118 Homewood Ave Libertyville, IL 60048

Estimated Value: $667,000 - $821,000

3 Beds
2 Baths
1,994 Sq Ft
$356/Sq Ft Est. Value

Last Sold September 09, 2020

Last sale price $445,000 $223 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,798/month

3 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Detached Garage
  • Butterfield School Rated A-
  • Den
  • Skylights

About This Home

As of September 2020

CUTE! CUTE! CUTE! Sought after Heritage Area! This charming home is located on a mature tree lined street in the heart of Libertyville. This perfect location is within walking distance to restaurants, schools, train & library! Homeowners have lovingly cared for this home and have left no stone unturned. Updated kitchen offers custom cabinets, granite counter-tops, large island, crown molding and custom-built ins. Step through the slider into your own private oasis. Enjoy entertaining all summer long! Fenced yard, beautiful blue-stone patio and new hot tub accented by a custom pergola. This yard has been professionally landscaped and offers a two-car detached garage. There is even more entertaining space behind the garage. Finished area of the basement is perfect for a second family room or game room for the family. Still allowing plenty of unfinished area for storage or a second laundry room. Second floor offers 3 bedrooms and full bath and laundry. This home was once featured in Libertyville historic home tour! See this one today!

Last Agent to Sell the Property

Elena Ford

Baird & Warner License #475131565 Listed on: 07/28/2020

Baird & Warner

Last Buyer's Agent

Jody Papak

Results Realty USA License #475187002

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,799

Year Built

  • 1925

Lot Details

  • 6,970

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Bungalow
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding

Interior Spaces

  • Built-In Features
  • Skylights
  • Entrance Foyer
  • Den
  • Storage Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • The property is located in a historic district

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,799

Year Built

1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Historical District
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Bungalow
  • Type Detached: 2 Stories
  • Estimated Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Interior Property Features: Skylight(s), Hardwood Floors, 2nd Floor Laundry, Built-in Features
  • Number Of Rooms: 8
  • Living Room: Dimensions: 18X11, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Humidifier
  • Attic: Full, Pull Down Stair
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: Den, Foyer, Storage
  • Master Bedroom: Dimensions: 16X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 1 Name: Den, Dimensions: 14X7, On Level: Main Level, Flooring: Carpet, Windows: Shades
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 3 Name: Storage, Dimensions: 11X10, On Level: Basement, Flooring: Other, Windows: None
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 4 Name: Foyer, Dimensions: 7X7, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1994
  • Family Room: Dimensions: 25X11, On Level: Basement, Flooring: Carpet, Windows: None

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Steel Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.1607

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Electric

Schools

  • Junior High Dist: 70

Lot Info

  • Lot Dimensions: 50 X 140
  • Parcel Identification Number: 11163100140000

Tax Info

  • Taxes: 11821

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Sep 3, 2020
Sold by
Lounsbury Lincoln J and Lounsbury Christina S
Bought by
Frantonius David
Seller's Agent
Elena Ford
Baird & Warner
Buyer's Agent
Jody Papak
Results Realty USA
List Price
$459,000
Sold Price
$445,000
Premium/Discount to List
-$14,000
-3.05%
Current Estimated Value
$709,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,264
Avg. Annual Appreciation
9.51%
Original Mortgage
$356,000
Outstanding Balance
$315,751
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$393,513

Purchase Details

Listed on
Sep 9, 2015
Closed on
Dec 17, 2015
Sold by
Blackwell Michael J
Bought by
Lounsbury Lincoln J and Lounsbury Christina S
Seller's Agent
Jean Nies Blackwell
4 Sale Realty, Inc.
Buyer's Agent
Elena Ford
Baird & Warner
List Price
$479,000
Sold Price
$440,000
Premium/Discount to List
-$39,000
-8.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.24%
Original Mortgage
$417,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2008
Sold by
Mcgann George and Mcgann Margaret A
Bought by
Blackwell Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 1998
Sold by
Lazzaretto Construction Company Inc
Bought by
Mcgann George and Mcgann Margaret A

Purchase Details

Closed on
Nov 21, 1997
Sold by
First Midwest Trust Company Natl Assn
Bought by
Lazzaretto Construction Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.5%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 5, 1996
Sold by
Pellettieri R M and Pellettieri Eleanor D
Bought by
First Midwest Trust Company

Purchase Details

Closed on
Feb 16, 1996
Sold by
Pellettieri R and Bengson Mary L
Bought by
First Midwest Trust Company
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
Frantonius David $445,000 Chicago Title
Lounsbury Lincoln J $440,000 First American Title
Blackwell Michael J $395,000 St
Mcgann George $331,500 Chicago Title Insurance Co
Lazzaretto Construction Company Inc $160,000 --
First Midwest Trust Company -- --
First Midwest Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frantonius David $356,000
Previous Owner Lounsbury Lincoln J $417,000
Previous Owner Blackwell Michael J $316,000
Previous Owner Lazzaretto Construction Company Inc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2020 09/09/20 Sold $445,000 -3.1% $223 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $459,000 +4.3% $230 / Sq Ft
12/21/2015 12/21/15 Sold $440,000 -3.1% $221 / Sq Ft View Prior Sale
10/31/2015 10/31/15 Pending -- -- --
10/21/2015 10/21/15 Price Changed $454,000 -3.2% $228 / Sq Ft
10/01/2015 10/01/15 Price Changed $469,000 -2.1% $235 / Sq Ft
09/09/2015 09/09/15 For Sale $479,000 -- $240 / 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 $12,799 $180,982 $105,096 $75,886
2023 $11,851 $166,927 $96,934 $69,993
2022 $11,851 $154,175 $93,170 $61,005
2021 $11,408 $150,856 $91,164 $59,692
2020 $10,979 $148,319 $89,631 $58,688
2019 $11,821 $161,598 $88,779 $72,819
2018 $11,878 $167,706 $92,430 $75,276
2017 $11,713 $162,411 $89,512 $72,899
2016 $11,325 $153,988 $84,870 $69,118
2015 $11,223 $143,927 $79,325 $64,602
2014 $10,305 $135,232 $74,533 $60,699
2012 $9,664 $131,161 $72,289 $58,872
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10798103

Midwest Real Estate Data (MRED)

APN: 11-16-310-014