NOT LISTED FOR SALE

1240 Oak Trail Dr Libertyville, IL 60048

South Libertyville Neighborhood

Estimated Value: $750,000 - $879,579

5 Beds
4 Baths
3,960 Sq Ft
$199/Sq Ft Est. Value

About This Home

This home is located at 1240 Oak Trail Dr, Libertyville, IL 60048 and is currently estimated at $787,395, approximately $198 per square foot. 1240 Oak Trail Dr is a home located in Lake County with nearby schools including Copeland Manor Elementary School, Highland Middle School, and Libertyville High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2025
Sold by
Massarelli Michael R
Bought by
Land Trust and Trust Number 9002348853
Current Estimated Value
$787,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$650,000
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$188,056

Purchase Details

Closed on
May 25, 2012
Sold by
Massarelli Michael M and Michael M Massarelli Living Tr
Bought by
Massarilli Michael R

Purchase Details

Closed on
Feb 15, 2010
Sold by
Massarelli Michael M and Massarelli Joann
Bought by
Massarelli Michael M and Michael M Massarelli Living Tr
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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Quantarium

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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
Land Trust $750,000 Chicago Title
Massarilli Michael R -- None Available
Massarelli Michael M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chicago Title Land Trust Compa $650,000
Closed Land Trust $650,000
Previous Owner Massarelli Michael R $107,160
Previous Owner Massarelli Michael R $221,000
Previous Owner Massarelli Michael R $100,000
Previous Owner Massarelll Michael R $75,000
Previous Owner Massarelli Michael R $125,000
Previous Owner Massarelli Michael M $712,000
Previous Owner Massarelli Michael M $531,000
Source: Public Records

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 $16,263 $218,940 $83,296 $135,644
2023 $16,827 $201,937 $76,827 $125,110
2022 $16,827 $210,400 $73,844 $136,556
2021 $16,214 $205,870 $72,254 $133,616
2020 $15,614 $202,409 $71,039 $131,370
2019 $15,224 $200,485 $70,364 $130,121
2018 $14,737 $200,499 $65,090 $135,409
2017 $14,541 $194,169 $63,035 $131,134
2016 $14,089 $184,099 $59,766 $124,333
2015 $14,002 $172,071 $55,861 $116,210
2014 $16,582 $155,746 $50,561 $105,185
2012 $15,973 $201,406 $65,385 $136,021
Source: Public Records

Map

Illinois Lake County Libertyville 60048 South Libertyville

1240 Oak Trail Dr, Libertyville, IL

This home is located at 1240 Oak Trail Dr, Libertyville, IL 60048 and is currently estimated at $787,395, approximately $198 per square foot. 1240 Oak Trail Dr is a home located in Lake County with nearby schools including Copeland Manor Elementary School, Highland Middle School, and Libertyville High School.

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