Seller's Agent in 2024
Karina Kolb-Formento
@ Properties
(847) 687-4680
8 in this area
54 Total Sales
18600 W Il Route 137 Libertyville, IL 60048
Estimated Value: $589,000 - $701,000
5
Beds
1.5
Baths
1,588
Sq Ft
$394/Sq Ft
Est. Value
Highlights
- 8.8 Acre Lot
- Ranch Style House
- 2 Car Attached Garage
- Adler Park School Rated A
- Backs to Trees or Woods
- Senior Tax Exemptions
About This Home
As of August 2024Fabulous and RARE 8.8 acre parcel of level land with stunning mature tree lines for maximum privacy. So many options here! Buy to enjoy country living on an expansive property with fruit trees, grapevines and 32X24 outbuilding with electricity that is perfect for storage, workshop or hobby barn. There is currently a small ranch on the property that will need to either be torn down or will need improvements/updates (the value is in the land and the home is being sold "as is") but features an oversized garage, 5 bedrooms and hardwood flooring throughout including as seller indicated under carpeting. (Home is occupied so please do not enter property without an appointment.). Per Lake County, the property is also subdividable and/or could possibly be re-zoned as agricultural so the possibilities for this fabulous property are many (more information is provided under additional information). Looking to build your dream home? You've got the space here and a home next door just closed at $985,000 so market value currently would support it. Have questions? Please reach out. I'd be happy to help. All of this is within 5 miles of award-winning downtown Libertyville, schools, commuter train and access to tollway. Great value here!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475135829 Listed on: 04/17/2024
Last Buyer's Agent
@properties Christie's International Real Estate License #475135829 Listed on: 04/17/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,381
Year Built
- Built in 1951
Lot Details
- 8.8 Acre Lot
- Lot Dimensions are 717x296x600x850
- Backs to Trees or Woods
Parking
- 2 Car Attached Garage
- Parking Space is Owned
Home Design
- Ranch Style House
- Frame Construction
Interior Spaces
- 1,588 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
Outdoor Features
- Outbuilding
Schools
- Adler Park Elementary School
- Highland Middle School
- Libertyville High School
Utilities
- No Cooling
- Heating System Uses Propane
- Well
- Private or Community Septic Tank
Community Details
- Ranch
Listing and Financial Details
- Senior Tax Exemptions
- Senior Freeze Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2024
Closed on
Aug 19, 2024
Sold by
Roy Vlink Declaration Of Trust and Evelyn Vlink Declaration Of Trust
Bought by
Griffith Philip and Griffith Carissa
Seller's Agent
Karina Kolb-Formento
@properties Christie's International Real Estate
Buyer's Agent
Karina Kolb-Formento
@properties Christie's International Real Estate
List Price
$600,000
Sold Price
$528,000
Premium/Discount to List
-$72,000
-12%
Views
112
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
$97,867
Avg. Annual Appreciation
15.50%
Original Mortgage
$396,000
Outstanding Balance
$392,222
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$233,645
Purchase Details
Closed on
Apr 5, 1995
Sold by
Vlink Roy and Vlink Evelyn
Bought by
Vlink Roy and Vlink Evelyn
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Griffith Philip | $528,000 | Proper Title | |
| Vlink Roy | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Griffith Philip | $396,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/22/2024 08/22/24 | Sold | $528,000 | -12.0% | $332 / Sq Ft |
| 06/17/2024 06/17/24 | Pending | -- | -- | -- |
| 04/17/2024 04/17/24 | For Sale | $600,000 | -- | $378 / 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 | $13,381 | $175,982 | $139,282 | $36,700 |
| 2023 | $13,381 | $186,368 | $128,465 | $57,903 |
| 2022 | $13,092 | $179,083 | $121,507 | $57,576 |
| 2021 | $11,586 | $162,248 | $110,084 | $52,164 |
| 2020 | $11,135 | $159,520 | $108,233 | $51,287 |
| 2019 | $10,855 | $158,003 | $107,204 | $50,799 |
| 2018 | $8,505 | $151,808 | $100,485 | $51,323 |
| 2017 | $8,507 | $147,016 | $97,313 | $49,703 |
| 2016 | $8,678 | $139,391 | $92,266 | $47,125 |
| 2015 | $9,215 | $130,284 | $86,238 | $44,046 |
| 2014 | $9,256 | $128,536 | $85,081 | $43,455 |
| 2012 | $10,162 | $142,475 | $94,307 | $48,168 |
Source: Public Records
Agents Affiliated with this Home
-
Karina Kolb-Formento
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12031908
APN: 11-07-100-003
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