1460 Margate Ln Libertyville, IL 60048
5
Beds
4.5
Baths
4,474
Sq Ft
0.91
Acres
Highlights
- Recreation Room
- Mud Room
- Formal Dining Room
- Rondout Elementary School Rated A
- Workshop
- 2 Car Attached Garage
About This Home
As of September 2024Fabulous and flexible! Almost 4,500 square feet of living space in Libertyville! Pull up to this home and see the beautiful mature landscaping and gardens that completely surround the property. Wind through the English garden to the front stone patio and enter the double door to the grand foyer with an open view of the main living space. Hardwood floors on the main level carry you through a formal dining room with a bay window, living room, and massive open kitchen with plenty of space for the chef in your family. The kitchen has new stainless appliances, and is also open to the family room for a wonderful open concept floorplan. The windows and doors all along the family room saturate the space with natural light. A beautiful fireplace acts as a focal point, and a massive storage closet has endless possibilities as a wine room, game closet, even home office tucked off the family room. There is a powder room and first floor laundry as well, and a workshop tucked behind the laundry room for any DIY projects. The lower level features a great recreation room complete with pool table for hours of fun, a wet bar area, and a full bath. The second floor houses 3 spacious bedrooms, one has an en suite bath and could be used as a second primary suite. Third floor has a beautiful primary bedroom with tray ceilings, full 4 piece bathroom and double vanities, and a fantastic walk in closet fully decked out with organizers for all your clothing. Two other rooms have flexibility to be used as bedrooms, home gym, office space, craft room, you name it! There is also a second walk in closet fully stubbed to be a 4th full bath should you want to add another bathroom. The back deck begins with a screened in porch, and then opens to a spacious outdoor deck for a serene space to take in the beauty of the almost full acre of landscaping, gardens, and greenery. There is also a shed out back for all the garden equipment and backyard toys you want! Situated in the Blue Ribbon Award winning Rondout Elementary and Libertyville High School districts, this home truly has so many possibilities. This home is so conveniently located near I-94, is within close proximity to downtown Libertyville and all it has to offer, and is just a few hundred yards from the extensive trail system that Lake County is known for - a perfectly balanced location!
Last Agent to Sell the Property
Coldwell Banker Realty License #475182983 Listed on: 05/10/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,495
Year Built
- Built in 1965 | Remodeled in 2008
Lot Details
- 0.91 Acre Lot
- Lot Dimensions are 159x222x71x96x260
Parking
- 2 Car Attached Garage
- Parking Space is Owned
Interior Spaces
- 4,474 Sq Ft Home
- Multi-Level Property
- Mud Room
- Entrance Foyer
- Formal Dining Room
- Recreation Room
- Bonus Room
- Workshop
- Crawl Space
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
Schools
- Rondout Elementary School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2024
Closed on
Sep 9, 2024
Sold by
Schweitzer Declaration Of Trust and Schweitzer Mark G
Bought by
Luu Melina
Seller's Agent
Juliet Towne
Coldwell Banker Realty
Buyer's Agent
Santiago Valdez
Compass
List Price
$775,000
Sold Price
$720,000
Premium/Discount to List
-$55,000
-7.1%
Total Days on Market
105
Views
142
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,872
Avg. Annual Appreciation
16.21%
Original Mortgage
$576,000
Outstanding Balance
$571,153
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$263,047
Purchase Details
Closed on
Jun 28, 2005
Sold by
Schweitzer Mark G and Schweitzer Sarah M
Bought by
Schweitzer Mark G and Schweitzer Sarah M
Purchase Details
Closed on
Nov 11, 1994
Sold by
Bucksot William and Bucksot June
Bought by
Schweitzer Mark G and Schweitzer Sarah M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.25%
Similar Homes in Libertyville, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $720,000 | Ata Gmt Title | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $225,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $576,000 | New Conventional | |
| Previous Owner | $399,000 | New Conventional | |
| Previous Owner | $778,000 | New Conventional | |
| Previous Owner | $892,500 | Unknown | |
| Previous Owner | $920,000 | Unknown | |
| Previous Owner | $232,000 | Unknown | |
| Previous Owner | $238,000 | Unknown | |
| Previous Owner | $165,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2024 09/12/24 | Sold | $720,000 | -4.0% | $161 / Sq Ft |
| 08/25/2024 08/25/24 | Pending | -- | -- | -- |
| 08/07/2024 08/07/24 | Price Changed | $750,000 | -3.2% | $168 / Sq Ft |
| 07/19/2024 07/19/24 | For Sale | $775,000 | 0.0% | $173 / Sq Ft |
| 07/04/2024 07/04/24 | Pending | -- | -- | -- |
| 05/11/2024 05/11/24 | For Sale | $775,000 | -- | $173 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $16,495 | $274,596 | $79,329 | $195,267 |
| 2023 | $14,753 | $253,270 | $73,168 | $180,102 |
| 2022 | $14,753 | $228,881 | $70,327 | $158,554 |
| 2021 | $14,211 | $223,954 | $68,813 | $155,141 |
| 2020 | $13,512 | $220,189 | $67,656 | $152,533 |
| 2019 | $13,349 | $218,096 | $67,013 | $151,083 |
| 2018 | $7,042 | $219,488 | $70,863 | $148,625 |
| 2017 | $12,490 | $212,559 | $68,626 | $143,933 |
| 2016 | $11,953 | $201,535 | $65,067 | $136,468 |
| 2015 | $11,810 | $188,368 | $60,816 | $127,552 |
| 2014 | $11,617 | $185,841 | $60,000 | $125,841 |
| 2012 | $12,340 | $187,453 | $60,520 | $126,933 |
Source: Public Records
Agents Affiliated with this Home
-
Juliet Towne
Seller's Agent in 2024
Juliet Towne
Coldwell Banker Realty
(847) 219-9358
4 in this area
134 Total Sales
-
Santiago Valdez
Buyer's Agent in 2024
Santiago Valdez
Compass
(773) 858-2410
3 in this area
505 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12051968
APN: 11-23-103-009
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