NOT LISTED FOR SALE

1701 Belmont Dr Libertyville, IL 60048

Estimated Value: $884,747 - $997,000

4 Beds
4 Baths
3,583 Sq Ft
$258/Sq Ft Est. Value

Last Sold September 19, 2016

Last sale price $555,000 $155 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,317/month

83 Days on Market

Highlights

  • Wooded Lot
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Oak Grove Elementary School Rated A
  • Traditional Architecture
  • Great Room

About This Home

As of September 2016

The last sold price for this house was $568,000 on 5/5/2010 with 2 translations. The information on last sold price ($284,000) in some websites was wrong due to only using one of the 2 translation prices for the last sold price. From the moment you walk in, you'll enjoy the bright&spacious room sizes. Stunning, completely updated kitchen offers stainless steel appliances,recessed lighting,custom cabinetry&a breakfast nook surrounded by windows&a slider to the patio!The kitchen is wide open to the family room that has a brick fireplace & leads way to the great room w/ a 1/2 bath,vaulted ceilings&more recessed lights.There's a formal living rm, dining rm & another convenient 1st floor 1/2 bath.The 2nd floor master suite is large& boasts a brick fireplace, a lux bathroom w/ high-end cabinetry, a large shower&a jetted tub. There's also a very generously sized walk in closet.Large guest bedrooms w/ ample closet space & plush carpet. The shared bathroom is also updated,light & bright.

Last Agent to Sell the Property

Jane Lee

RE/MAX Top Performers License #471004433 Listed on: 05/25/2016

Co-Listed By

Heather Johnston

eXp Realty

Last Buyer's Agent

James Schneider

Clear Point Realty, Inc. License #471007382

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,481

Year Built

  • 1980

Lot Details

  • 0.9

HOA Fees

  • $10 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Great Room
  • Dining Area
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Brick Porch or Patio
  • Wooded Lot

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,481

Year Built

1980

Lot Details

0

HOA Fees

$10 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Special Service Area: T
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.2
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1980
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet
  • Number Of Rooms: 10
  • Living Room: Dimensions: 17X16, On Level: Main Level, Flooring: Carpet, Windows: All
  • Equipment: Security System, Sump Pump
  • Fireplace Details: Attached Fireplace Doors/Screen, Gas Logs
  • Fireplace Location: Family Room, Master Bedroom
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X6, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet, Windows: All
  • Kitchen Type: Dimensions: 15X14, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island
  • Additional Rooms: Eating Area, Great Room
  • Master Bedroom: Dimensions: 19X17, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Great Rm, Dimensions: 23X17, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Additional Room 2 Name: Eating Area, Dimensions: 14X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Bedroom 2: Dimensions: 16X13, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 16X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 4: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 3583
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X16, On Level: Main Level, Flooring: Ceramic Tile, Windows: All

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Brick Paver Patio, Storms/Screens
  • Acreage: 0.9056

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Special Assessments: Y
  • Assessment Association Fees: 125

Schools

  • School District: 128
  • Elementary School: OAK GROVE ELEMENTARY SCHOOL
  • Middle School: OAK GROVE ELEMENTARY SCHOOL
  • High School: LIBERTYVILLE HIGH SCHOOL
  • Junior High Dist: 68

Lot Info

  • Lot Dimensions: 278X53X56X17X174X252
  • Lot Description: Wooded
  • Parcel Identification Number: 11113040100000

Tax Info

  • Taxes: 15,633.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2016
Closed on
Sep 10, 2016
Sold by
Fu Wentao and Xu Hongyu
Bought by
Grundstad Arne Jason and Karpowicz Agata
Seller's Agent
Jane Lee
RE/MAX Top Performers
Buyer's Agent
James Schneider
Clear Point Realty, Inc.
List Price
$599,900
Sold Price
$555,000
Premium/Discount to List
-$44,900
-7.48%
Current Estimated Value
$926,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,187
Avg. Annual Appreciation
4.98%
Original Mortgage
$438,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2010
Sold by
Schurr Mary M
Bought by
Fu Wentao and Xu Hongyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2001
Sold by
Lasalle Bank National Assn
Bought by
Schurr James T and Schurr Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.13%
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
Grundstad Arne Jason $555,000 Fidelity National Title
Fu Wentao $284,000 Chicago Title Insurance Co
Fu Wentao $284,000 Multiple
Schurr James T $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grundstad Arne Jason $395,000
Closed Grundstad Arne Jason $438,000
Previous Owner Fu Wentao $407,000
Previous Owner Fu Wentao $411,000
Previous Owner Fu Wentao $417,000
Previous Owner Fu Wentao $417,000
Previous Owner Schurr James T $144,800
Previous Owner Schurr James T $417,000
Previous Owner Schurr James T $120,000
Previous Owner Schurr James T $100,000
Previous Owner Schurr James T $322,000
Previous Owner Schurr James T $300,000
Previous Owner Schurr James T $300,000
Previous Owner Schurr James T $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2016 09/19/16 Sold $555,000 -7.5% $155 / Sq Ft
08/16/2016 08/16/16 Pending -- -- --
08/16/2016 08/16/16 For Sale $599,900 +8.1% $167 / Sq Ft
08/12/2016 08/12/16 Off Market $555,000 -- --
07/12/2016 07/12/16 Price Changed $599,900 -4.8% $167 / Sq Ft
06/08/2016 06/08/16 Price Changed $629,900 -3.1% $176 / Sq Ft
05/25/2016 05/25/16 For Sale $649,900 -- $181 / 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 $16,481 $236,300 $81,313 $154,987
2023 $16,242 $217,949 $74,998 $142,951
2022 $16,242 $214,804 $72,085 $142,719
2021 $15,615 $210,180 $70,533 $139,647
2020 $15,039 $206,646 $69,347 $137,299
2019 $15,527 $213,764 $68,688 $145,076
2018 $14,127 $191,013 $69,650 $121,363
2017 $13,775 $184,982 $67,451 $117,531
2016 $15,829 $210,895 $63,953 $146,942
2015 $14,407 $197,117 $59,775 $137,342
2014 $13,736 $187,719 $58,972 $128,747
2012 $12,321 $166,924 $59,484 $107,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09237381

Midwest Real Estate Data (MRED)

APN: 11-11-304-010