NOT LISTED FOR SALE

Estimated Value: $761,356 - $888,000

1.13 Acres
$723,973 Price per Acre
49,223 Sq Ft Lot

Last Sold August 31, 2020

Last sale price $370,000 $144 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $5,430/month

14 Days on Market

Highlights

  • Property is near a bus stop
  • Butterfield School Rated A-
  • Hot Water Heating System

About This Lot

As of August 2020

Location, Location. Build your Dream Home on this mature, lush acre parcel located in the most desirable area of in town Libertyville. Long driveway leads to a clearing where the existing Victorian farmhouse is positioned. Tall tress perimeter the property and lush forest graces the back of the property. Surrounded by lovely estate homes, valued in the million+ range the options for your dream home are endless. The beauty of this site is you cannot help but feel you are tucked away in the country but...you are a short walk to the Metra train, and fabulous, thriving downtown Libertyville. A few blocks from Butler Lake, walk to Libertyville High School and Butterfield K-5. Build your everyday rustic vacation home or your palatial estate..either way this is the best opportunity available for those that desire the best or the best.Existing well maintained Victorian Home on site and included in price. Also listed as single family home/lot for sale.

Last Agent to Sell the Property

Debra Dunn

@properties Christie's International Real Estate License #475134560 Listed on: 06/12/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Haley Spinell

Kinzie Brokerage LLC License #475164265

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,675

Lot Details

Location

  • Property is near a bus stop

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Gas

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$11,675

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Well-Private
  • Zoning Type: SINGL
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: Unfinished
  • Land Description: Landscaped Professionally, Wooded
  • Road Surface: Gravel

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Acreage: 1.13
  • Frontage Access: Private Road
  • Front Footage: 127

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Heating Fuel: Gas, Hot Water/Steam, Radiators

Schools

  • School District: 128
  • Elementary School: Butterfield School
  • Middle School: Highland Middle School
  • High School: Libertyville High School
  • Junior High Dist: 70

Lot Info

  • Lot Dimensions: 388X127
  • Parcel Identification Number: 11171000520000

Building Info

  • Buildings On Land: Yes

Tax Info

  • Taxes: 9658.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Aug 31, 2020
Sold by
Johnson Gustav B and Johnson Patricia Moncelle
Bought by
Spinell Steven and Spinell Haley
Seller's Agent
Debra Dunn
@properties Christie's International Real Estate
Buyer's Agent
Haley Spinell
Kinzie Brokerage LLC
List Price
$445,000
Sold Price
$370,000
Premium/Discount to List
-$75,000
-16.85%
Current Estimated Value
$818,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,089
Avg. Annual Appreciation
14.87%
Original Mortgage
$296,000
Outstanding Balance
$261,921
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$475,979
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Spinell Steven $370,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spinell Steven $296,000
Previous Owner Johnson Gustav B $278,150
Previous Owner Johnson Gustav B $291,500
Previous Owner Johnson Gustav B $220,000
Previous Owner Johnson Gustav $100,000
Previous Owner Johnson Gustav B $135,000
Previous Owner Johnson Gustav B $100,000
Previous Owner Johnson Gustav B $80,000
Previous Owner Johnson Gustav B $25,000
Previous Owner Johnson Gustav B $60,000
Previous Owner Johnson Gustav B $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $370,000 0.0% $144 / Sq Ft
08/14/2020 08/14/20 Off Market $370,000 -- --
06/26/2020 06/26/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $445,000 -- $173 / 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 $11,675 $293,397 $85,876 $207,521
2023 $11,279 $152,970 $79,063 $73,907
2022 $11,279 $147,030 $75,993 $71,037
2021 $10,858 $143,865 $74,357 $69,508
2020 $10,448 $141,446 $73,107 $68,339
2019 $10,189 $140,101 $72,412 $67,689
2018 $9,795 $139,362 $72,030 $67,332
2017 $9,658 $134,962 $69,756 $65,206
2016 $9,334 $127,962 $66,138 $61,824
2015 $9,244 $119,602 $61,817 $57,785
2014 $8,838 $112,379 $58,084 $54,295
2012 $8,353 $113,354 $58,588 $54,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10745495

Midwest Real Estate Data (MRED)

APN: 11-17-100-052