Seller's Agent in 2025
Luigui Corral
RE/MAX
(847) 236-0000
1 in this area
210 Total Sales
1616 S Falcon Dr Libertyville, IL 60048
Southwest Waukegan Neighborhood
4
Beds
5
Baths
5,539
Sq Ft
0.35
Acres
Highlights
- Deck
- Traditional Architecture
- Wine Refrigerator
- Oak Grove Elementary School Rated A
- Wood Flooring
- 2-minute walk to Rudd Farm Park
About This Home
As of June 2025Situated in the highly acclaimed Libertyville High School district 128! ! Experience the comfort and elegance of this beautifully maintained 5-bedroom, 5-bathroom cul-de-sac home, boasting 3,804 square feet plus 1735 SF finished basement of exceptional design and premium finishes. Step into a grand foyer highlighted by a striking domed entry, setting the stage for the refined formal living and dining areas, which feature updated hardwood flooring and elegant crown molding. A flexible first-floor office with new flooring adds to the home's versatility. The fully renovated kitchen showcases marble countertops and upgraded cabinetry, seamlessly connecting to an expansive family room-perfect for entertaining. Upstairs, all carpeting has been replaced, and new lighting fixtures have been installed in the bedrooms for a fresh, modern touch. Unwind in the luxurious primary suite, complete with a private spa-like bath. Additional highlights include a Jack & Jill bathroom and a fully finished lower level offering a second kitchen, media room, and full bath-ideal for extended stays or multi-generational living. Outdoor upgrades include a newly built patio, replacement of main windows and deck door in 2023, and an updated front porch with new tile flooring and fresh paint. An invisible fence has been installed in both the front and backyard for added convenience. Schedule your showing today!
Last Agent to Sell the Property
RE/MAX American Dream License #471019538 Listed on: 05/21/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,074
Year Built
- Built in 2000 | Remodeled in 2023
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 52x183x42x192x137
HOA Fees
- $25 Monthly HOA Fees
Parking
- 3 Car Garage
- Driveway
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 5,539 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Formal Dining Room
- Den
Kitchen
- Breakfast Bar
- Double Oven
- Microwave
- Dishwasher
- Wine Refrigerator
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Potential Bedrooms
- 5 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Deck
Schools
- Oak Grove Elementary School
- Libertyville High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- Association fees include insurance
- Lancaster Association
- Lancaster Subdivision, Westport Floorplan
- Property managed by Lancaster Association
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2025
Closed on
Jun 23, 2025
Sold by
Martins Da Costa Wilton S and Martins Lidia D
Bought by
Puliyakote Ranjit Kunnath and Ramaprasad Mala
Seller's Agent
Luigui Corral
RE/MAX American Dream
Buyer's Agent
Mayank Goel
Mayank Goel
List Price
$749,900
Sold Price
$787,000
Premium/Discount to List
$37,100
4.95%
Views
278
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.88%
Original Mortgage
$708,300
Outstanding Balance
$707,825
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
$46,689
Purchase Details
Listed on
Feb 24, 2016
Closed on
Jul 12, 2016
Sold by
Cesar A Medina
Bought by
Martins Costa and Martins Costa
Seller's Agent
Sheila Brooks
@properties Christie's International Real Estate
Buyer's Agent
Jane Lee
RE/MAX Top Performers
List Price
$447,500
Sold Price
$420,000
Premium/Discount to List
-$27,500
-6.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$336,000
Interest Rate
3.41%
Purchase Details
Closed on
May 18, 2001
Sold by
Lancaster Libertyville Llc
Bought by
Medina Cesar A and Maldonado Lourdes M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,639
Interest Rate
7.07%
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 |
|---|---|---|---|
| Warranty Deed | $787,000 | Citywide Title | |
| Deed | -- | -- | |
| Warranty Deed | $424,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $708,300 | New Conventional | |
| Previous Owner | $336,000 | No Value Available | |
| Previous Owner | -- | No Value Available | |
| Previous Owner | $50,000 | Farmers Home Administration | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $378,639 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | Sold | $787,000 | +4.9% | $142 / Sq Ft |
| 05/26/2025 05/26/25 | Pending | -- | -- | -- |
| 05/21/2025 05/21/25 | For Sale | $749,900 | +78.5% | $135 / Sq Ft |
| 07/08/2016 07/08/16 | Sold | $420,000 | -4.5% | $110 / Sq Ft |
| 04/12/2016 04/12/16 | Pending | -- | -- | -- |
| 03/21/2016 03/21/16 | Price Changed | $439,900 | -1.7% | $116 / Sq Ft |
| 02/24/2016 02/24/16 | For Sale | $447,500 | -- | $118 / 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 | $17,074 | $179,553 | $27,280 | $152,273 |
| 2023 | $17,044 | $166,700 | $25,327 | $141,373 |
| 2022 | $17,044 | $162,202 | $25,336 | $136,866 |
| 2021 | $16,458 | $155,694 | $24,319 | $131,375 |
| 2020 | $16,151 | $151,867 | $23,721 | $128,146 |
| 2019 | $15,790 | $147,458 | $23,032 | $124,426 |
| 2018 | $15,363 | $144,115 | $21,050 | $123,065 |
| 2017 | $15,297 | $139,986 | $20,447 | $119,539 |
| 2016 | $16,325 | $143,589 | $19,537 | $124,052 |
| 2015 | $16,345 | $136,181 | $18,529 | $117,652 |
| 2014 | $17,111 | $124,612 | $18,278 | $106,334 |
| 2012 | $15,898 | $133,076 | $18,435 | $114,641 |
Source: Public Records
Agents Affiliated with this Home
-
Luigui Corral
-
Mayank Goel
M
Buyer's Agent in 2025
Mayank Goel
Mayank Goel
(678) 842-4663
15 in this area
49 Total Sales
-
Sheila Brooks
Seller's Agent in 2016
Sheila Brooks
@ Properties
(847) 732-7791
6 in this area
41 Total Sales
-
Jane Lee
Buyer's Agent in 2016
Jane Lee
RE/MAX
(847) 420-8866
16 in this area
2,350 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12367952
APN: 07-35-402-021
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