NOT LISTED FOR SALE

226 E Prospect Ave Lake Bluff, IL 60044

Estimated Value: $1,587,000 - $2,158,000

4 Beds
4.5 Baths
3,640 Sq Ft
$517/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $1,287,500 $354 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $11,993/month

2 Days on Market

Highlights

  • Landscaped Professionally
  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • Lake Bluff Elementary School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of August 2016

Stunning brick & stone home built in 2003 by Frank Klepitsch. Must see the 5000+sf of total living space. Unbelievable architectural details including grand hallways, arches, coffered ceiling, built-ins, arched casement windows and bridal staircase. High-end trim, molding and millwork throughout. Tons of natural light, high ceilings, hardwood floors, butler's pantry, bluestone front walkway & patio, plus ATTACHED heated garage. Finished basement includes 5th bedroom en suite, enormous rec room, craft room (or could be office), 400+ bottle wine cellar and storage. All just a 5min walk to the beach, town and park!

Last Agent to Sell the Property

Cynthia Poulakidas Tobin

@properties Christie's International Real Estate License #475163509 Listed on: 05/07/2016

@properties Christie's International Real Estate

Last Buyer's Agent

Megan Jordan

@properties Christie's International Real Estate License #475144813

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,715

Year Built

  • Built in 2003

Lot Details

  • 10,193 Sq Ft Lot
  • Lot Dimensions are 82.5 x 125
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,640 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

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

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Patio

Schools

  • Lake Bluff Elementary School
  • Lake Bluff Middle School
  • Lake Forest High School

Utilities

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

Community Details

  • Tennis Courts

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,715

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2003
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter
  • Fireplaces: 3
  • Interior Amenities: Hardwood Floors, First Floor Laundry
  • LivingArea: 3640
  • Other Equipment: Central Vacuum, Security System, Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Room Type: Bedroom 5, Breakfast Room, Foyer, Office, Recreation Room
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room,Master Bedroom
  • Attic: Pull Down Stair
  • Bathroom: Full

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard, Landscaped
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Type: Eating Area-Table Space,Island,Pantry-Butler,Pantry-Closet

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Zoned
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Tennis Courts, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: LAKE BLUFF ELEMENTARY SCHOOL
  • High School: LAKE FOREST HIGH SCHOOL
  • Middle/Junior School: LAKE BLUFF MIDDLE SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.234
  • Lot Dimensions: 82.5 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 26715
  • Tax Year: 2015
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2021
Sold by
Valente Matthew Chai Fong and Valente Danielle
Bought by
Valente Danielle and Valente Matthew Chai
Current Estimated Value
$1,759,511

Purchase Details

Listed on
May 7, 2016
Closed on
Aug 15, 2016
Sold by
Stodard Randy M and Stodard Sarah M
Bought by
Valente Matthew Chai Fong and Valente Danielle
Seller's Agent
Cynthia Poulakidas Tobin
@properties Christie's International Real Estate
Buyer's Agent
Megan Jordan
@properties Christie's International Real Estate
List Price
$1,324,900
Sold Price
$1,287,500
Premium/Discount to List
-$37,400
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Original Mortgage
$1,000,000
Outstanding Balance
$791,907
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$1,089,258

Purchase Details

Closed on
Mar 11, 2011
Sold by
Hulseman Robert F and Obrien Maureen
Bought by
Stodard Randy M and Stodard 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
$806,200
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 20, 2003
Sold by
Klepitsch Frank J and Frank J Klepitsch Trust
Bought by
Hulseman Robert F and Hulseman Maureen Obrien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2002
Sold by
Klepitsch Frank J
Bought by
Klepitsch Frank J and Frank J Klepitsch Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.75%
Mortgage Type
Construction
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
Valente Danielle -- None Available
Valente Matthew Chai Fong $1,287,500 Proper Title Llc
Stodard Randy M $1,075,000 St
Hulseman Robert F $1,595,000 St
Klepitsch Frank J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valente Matthew Chai Fong $1,000,000
Previous Owner Stodard Randy M $806,200
Previous Owner Hulseman Robert F $322,000
Previous Owner Klepitsch Frank J $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2016 08/15/16 Sold $1,287,500 -2.8% $354 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
05/07/2016 05/07/16 For Sale $1,324,900 -- $364 / 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 $33,606 $509,003 $140,312 $368,691
2023 $27,449 $469,214 $129,344 $339,870
2022 $27,449 $394,014 $108,614 $285,400
2021 $26,492 $390,615 $107,677 $282,938
2020 $25,915 $392,775 $108,272 $284,503
2019 $24,987 $385,564 $106,284 $279,280
2018 $27,609 $436,462 $117,332 $319,130
2017 $27,377 $429,166 $115,371 $313,795
2016 $26,925 $416,503 $109,814 $306,689
2015 $26,715 $392,187 $103,403 $288,784
2014 $22,458 $321,679 $92,835 $228,844
2012 $20,501 $324,469 $93,640 $230,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09218877

Midwest Real Estate Data (MRED)

APN: 12-21-120-024