NOT LISTED FOR SALE

1720 Meadow Ln Bannockburn, IL 60015

Estimated Value: $1,733,000 - $2,069,522

6 Beds
7.5 Baths
6,350 Sq Ft
$305/Sq Ft Est. Value

Last Sold July 27, 2023

Last sale price $1,800,000 $283 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $12,861/month

35 Days on Market

Highlights

  • In Ground Pool
  • 2 Acre Lot
  • Landscaped Professionally
  • Bannockburn School Rated A+
  • Colonial Architecture
  • Family Room with Fireplace

About This Home

As of July 2023

This Bannockburn nirvana estate checks all the boxes. Classic vibes and modern style run seamlessly throughout this home. Through the double doors you enter the grand entrance with spiral staircase. Mellifluous flow throughout the first floor allows everyone to feel connected while spread out. The family room with modern fireplace opens to the enormous kitchen with a breakfast area for the whole band. The sunroom with vaulted ceilings could be a second family room, playroom, or office. Duel staircases connect all four levels. The second floor with five bedrooms and four bathrooms allows for flexibility and office space if needed. The third floor bonus room with bedroom and private bath is your hideaway or private guest quarters. The back open staircase leads to a finished basement with ample storage, an additional bedroom with a full bath. The usual suspects like custom cabinets, mudroom, first floor laundry room, hardwood flooring, upgraded appliances are on the playlist too. The grounds, landscaping, extensive patios, built-in grill, and huge lap pool will solidify Meadow Lane is the place to be every summer. Everything's Right.

Last Agent to Sell the Property

Susan Miner

Premier Relocation, Inc. License #471007596 Listed on: 05/02/2023

Co-Listed By

Holly Sulayman

Premier Relocation, Inc. License #475186355

Last Buyer's Agent

Jennifer Noone

Berkshire Hathaway HomeServices Chicago License #475126877

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,566

Year Built

  • Built in 1926

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 400 x 199
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,350 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Built-In Features
  • Bookcases
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Attached Fireplace Door
  • Center Hall Plan
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Bonus Room
  • Workshop
  • Heated Sun or Florida Room
  • Storage Room
  • Utility Room with Study Area
  • Storm Screens

Kitchen

  • Double Oven
  • Cooktop with Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Partial Basement
  • Sub-Basement
  • Finished Basement Bathroom
  • Crawl Space

Outdoor Features

  • In Ground Pool
  • Patio
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Bannockburn Elementary School
  • Deerfield High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,566

Year Built

Built in 1926

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): No
  • Rebuilt Year: 2001
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Range Hood
  • Basement: Partial
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 8
  • Total Bedrooms: 6
  • Fireplace Features: Wood Burning, Attached Fireplace Doors/Screen, Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Center Hall Plan, Some Carpeting, Granite Counters
  • LivingArea: 6350
  • Room Type: Bedroom 5, Bedroom 6, Bedroom 7, Breakfast Room, Bonus Room, Workshop, Heated Sun Room, Foyer, Mud Room, Storage
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Crawl,Sub-Basement
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • Attic: Finished,Interior Stair
  • Flooring: Hardwood
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Patio, In Ground Pool, Storms/Screens, Outdoor Grill, Fire Pit
  • Foundation Details: Concrete Perimeter
  • Lot Features: Landscaped, Wooded, Outdoor Lighting
  • OtherStructures: Other
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Bannockburn Elementary School
  • High School: Deerfield High School
  • Middle/Junior School: Bannockburn Elementary School

Lot Info

  • Lot Size Acres: 2
  • Lot Dimensions: 400 X 199
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 19566
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Jul 14, 2023
Sold by
Beth Lustbader Declaration Of Trust
Bought by
Strle Jason and Strle Andrea
Seller's Agent
Susan Miner
Premier Relocation, Inc.
Buyer's Agent
Jennifer Noone
Berkshire Hathaway HomeServices Chicago
List Price
$1,995,000
Sold Price
$1,800,000
Premium/Discount to List
-$195,000
-9.77%
Views
247
Current Estimated Value
$1,933,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,111
Avg. Annual Appreciation
3.18%
Original Mortgage
$1,440,000
Outstanding Balance
$1,405,007
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$534,834

Purchase Details

Closed on
Sep 17, 2004
Sold by
Lustbader Adam D and Lustbader Elizabeth R
Bought by
Lustbader Beth and Beth Lustbader Declaration Of
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Strle Jason $1,800,000 Chicago Title
Lustbader Beth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strle Jason $1,440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2023 07/27/23 Sold $1,800,000 -4.3% $283 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
06/02/2023 06/02/23 Price Changed $1,880,000 -5.8% $296 / Sq Ft
05/02/2023 05/02/23 For Sale $1,995,000 -- $314 / 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 $32,420 $485,110 $47,939 $437,171
2023 $20,661 $465,557 $46,007 $419,550
2022 $20,661 $288,928 $49,534 $239,394
2021 $19,566 $278,565 $47,757 $230,808
2020 $19,054 $279,152 $47,858 $231,294
2019 $18,267 $278,678 $47,777 $230,901
2018 $13,865 $481,991 $50,640 $431,351
2017 $33,439 $480,453 $50,478 $429,975
2016 $33,187 $462,285 $48,569 $413,716
2015 $32,435 $487,923 $45,635 $442,288
2014 $27,655 $358,869 $45,961 $312,908
2012 $27,139 $355,704 $45,556 $310,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11772266

Midwest Real Estate Data (MRED)

APN: 16-20-303-005