NOT LISTED FOR SALE

240 E Prospect Ave Lake Bluff, IL 60044

Estimated Value: $934,000 - $1,084,000

4 Beds
3 Baths
2,770 Sq Ft
$374/Sq Ft Est. Value

Last Sold February 13, 2015

Last sale price $500,000 $181 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $6,727/month

166 Days on Market

Highlights

  • Wood Flooring
  • Bonus Room
  • Cottage
  • Lake Bluff Elementary School Rated A
  • Heated Enclosed Porch
  • Fenced Yard

About This Home

As of February 2015

Charming vintage home w/flexible flr plan in E Lake Bluff close to beach, parks, town & commuter train. Large 15' x 11' foyer welcomes you. 1st floor: liv rm, din rm, kit, office, full bth, fam rm w/frp. 2nd floor: bonus rm w/frpl, balcony, mstr w/mstr bth,2 bdrms & full bath. 3rd floor:4th bdrm & tandem rm. Brick patio, fenced yd & 2 car det garage. Newer roof, gutters, glass sliding door, fresh paint, new carpet

Last Agent to Sell the Property

Michele Wilson

Coldwell Banker Realty License #475093438 Listed on: 07/05/2014

Coldwell Banker Realty

Last Buyer's Agent

Jean Royster

Coldwell Banker Realty License #475133732

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1900

Lot Details

  • Southern Exposure
  • Fenced Yard

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cottage
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Skylights
  • Gas Log Fireplace
  • Bonus Room
  • Heated Enclosed Porch
  • Tandem Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

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

Home Details

Home Type

Single Family

Year Built

1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train
  • Age: 100+ Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Style Of House: Cottage
  • Type Detached: 3 Stories
  • Estimated Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Interior Property Features: Skylight(s), Hardwood Floors, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 11
  • Living Room: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: TV-Cable, Ceiling Fan
  • Fireplace Details: Gas Logs
  • Fireplace Location: Family Room
  • Basement: Crawl
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 13X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Bonus, Enclosed Porch Heated, Tandem Room
  • Master Bedroom: Dimensions: 18X16, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Bonus, Dimensions: 18X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Enclosed Porch Heated, Dimensions: 15X7, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Tandem Rm, Dimensions: 11X10, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X9, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Other, Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 11X10, On Level: 3rd Level, Flooring: Carpet
  • Estimated Sq Ft: 2770
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X11, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: S (South)
  • Acreage: 0.1281

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 65

Lot Info

  • Lot Dimensions: 45X124
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 12211200180000

Tax Info

  • Taxes: 12380.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2014
Closed on
Feb 6, 2015
Sold by
Monestersky Jesse H
Bought by
Burgess James E and Burgess Kristine E
Seller's Agent
Michele Wilson
Coldwell Banker Realty
Buyer's Agent
Jean Royster
Coldwell Banker Realty
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%
Current Estimated Value
$1,035,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$535,587
Avg. Annual Appreciation
6.91%
Original Mortgage
$400,000
Outstanding Balance
$135,325
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$900,262

Purchase Details

Closed on
Jun 15, 2004
Sold by
Richards Samuel S and Richards Margaret S
Bought by
Monestersky Jesse H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2000
Sold by
Peterson Gary M and Peterson Marilyn D
Bought by
Richards Samuel S and Richards Margaret S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,800
Interest Rate
7.62%

Purchase Details

Closed on
Apr 15, 1994
Sold by
Fuller Kevin Scott and Fuller Holly
Bought by
Peterson Gary M and Peterson Marilyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.25%
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Burgess James E $500,000 Chicago Title Insurance Co
Monestersky Jesse H $570,000 Chicago Title Insurance Comp
Richards Samuel S $450,000 First American Title
Peterson Gary M $240,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgess James E $400,000
Previous Owner Monestersky Jesse H $395,000
Previous Owner Richards Samuel S $359,800
Previous Owner Peterson Gary M $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2015 02/13/15 Sold $500,000 -4.7% $181 / Sq Ft
12/18/2014 12/18/14 Pending -- -- --
10/08/2014 10/08/14 Price Changed $524,900 -1.0% $189 / Sq Ft
08/09/2014 08/09/14 Price Changed $530,000 -3.5% $191 / Sq Ft
07/05/2014 07/05/14 For Sale $549,000 -- $198 / 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 $15,812 $237,751 $87,122 $150,629
2023 $12,877 $199,242 $73,011 $126,231
2022 $12,877 $188,024 $68,900 $119,124
2021 $12,426 $186,403 $68,306 $118,097
2020 $12,157 $187,434 $68,684 $118,750
2019 $11,720 $183,993 $67,423 $116,570
2018 $11,525 $185,716 $73,862 $111,854
2017 $11,426 $182,611 $72,627 $109,984
2016 $11,007 $173,816 $69,129 $104,687
2015 $10,948 $163,668 $65,093 $98,575
2014 $12,380 $178,764 $58,440 $120,324
2012 $12,518 $194,658 $58,947 $135,711
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08663750

Midwest Real Estate Data (MRED)

APN: 12-21-120-018