NOT LISTED FOR SALE

342 W Prospect Ave Lake Bluff, IL 60044

Estimated Value: $562,000 - $651,658

3 Beds
2 Baths
1,818 Sq Ft
$337/Sq Ft Est. Value

Last Sold March 23, 2020

Last sale price $306,000 $168 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,114/month

126 Days on Market

Highlights

  • Recreation Room
  • Wooded Lot
  • Wood Flooring
  • Lake Bluff Elementary School Rated A
  • Ranch Style House
  • Sun or Florida Room

About This Home

As of March 2020

A diamond in the rough, with some original mid-century modern touches, awaiting your personal choices! This brick ranch in Lake Bluff's West Terrace neighborhood was built by the Chicago Construction Company. It features the popular expanded ranch floor plan, with an eat-in kitchen open to the family room. A later addition of a sun room adds great living space. The private backyard is ideal for outdoor living. The location can't be beat: just blocks to the K-5 Lake Bluff Elementary School, Park District & Rec Center, Pre-School, Community Golf Course with groomed trails in the winter for cross country skiing, swimming pool and tot pool, paddle tennis, sledding hill, and more. Downtown Lake Bluff is also just blocks away, with on-going events year round, concerts, Farmers Markets, restaurants, brewery, library, museum and much more, and easy access to the train and Sunrise Beach. You'll be in the heart of it all, at 342 W. Prospect in the charming Village of Lake Bluff! Home is in an estate and is being sold "as is".

Last Agent to Sell the Property

Deborah Fischer

Berkshire Hathaway HomeServices Chicago License #475148419 Listed on: 10/28/2019

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Susan Duffey

@properties Christie's International Real Estate License #475148786

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,669

Year Built

  • 1962

Lot Details

  • Fenced Yard
  • Wooded Lot

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Entrance Foyer
  • Dining Area
  • Recreation Room
  • Sun or Florida Room
  • Breakfast Bar

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Partially Finished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,669

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1962
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Interior Property Features: Hardwood Floors, Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 9
  • Living Room: Dimensions: 19X13, On Level: Main Level, Flooring: Hardwood
  • Basement: Partial
  • Basement: Partially Finished, Crawl
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 14X14, On Level: Basement
  • Dining Room: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X9, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Sun/Florida Room, Foyer, Eating Area, Recreation Room
  • Master Bedroom: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Sunroom, Dimensions: 18X13, On Level: Main Level, Flooring: Other
  • Additional Room 2 Name: Foyer, Dimensions: 11X4, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Eating Area, Dimensions: 13X9, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 4 Name: Recreation Rm, Dimensions: 28X13, On Level: Basement
  • Estimated Sq Ft: 1818
  • Dining Room Type: Separate
  • Family Room: Dimensions: 14X10, On Level: Main Level, Flooring: Wood Laminate

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.241

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Assessed Sq Ft: 1818

Schools

  • School District: 115
  • Elementary School: Lake Bluff Elementary School
  • Middle School: Lake Bluff Middle School
  • High School: Lake Forest High School
  • Junior High Dist: 65

Lot Info

  • Lot Dimensions: 69 X 149
  • Lot Description: Fenced Yard, Wooded
  • Parcel Identification Number: 12202210090000

Tax Info

  • Taxes: 7790.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Mar 23, 2020
Sold by
Faller Richard Glover and Faller Richard Glover
Bought by
Brugioni Matthew
Seller's Agent
Deborah Fischer
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Susan Duffey
@properties Christie's International Real Estate
List Price
$425,000
Sold Price
$306,000
Premium/Discount to List
-$119,000
-28%
Current Estimated Value
$611,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,915
Avg. Annual Appreciation
10.59%
Original Mortgage
$244,800
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2019
Sold by
Faller Richard G and Faller Richard William
Bought by
Faller Richard Glover and Faller Richard Glover

Purchase Details

Closed on
Apr 21, 2013
Sold by
Faller Richard William
Bought by
Revocab Faller Richard William and Revocab Richard William Faller
Source: Public Records

Range of Values:

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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
Brugioni Matthew $306,000 Chicago Title
Faller Richard Glover -- None Available
Revocab Faller Richard William -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brugioni Matthew $246,000
Closed Brugioni Matthew $244,800
Previous Owner Faller Richard William $43,400
Previous Owner Faller Richard W $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2020 03/23/20 Sold $306,000 -8.7% $168 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/28/2020 02/28/20 Price Changed $335,000 -13.0% $184 / Sq Ft
02/13/2020 02/13/20 Price Changed $385,000 -3.5% $212 / Sq Ft
11/13/2019 11/13/19 Price Changed $399,000 -6.1% $219 / Sq Ft
10/28/2019 10/28/19 For Sale $425,000 -- $234 / 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 $9,669 $158,567 $96,528 $62,039
2023 $8,625 $140,549 $85,560 $54,989
2022 $8,625 $127,769 $77,780 $49,989
2021 $8,323 $126,667 $77,109 $49,558
2020 $8,051 $130,997 $77,548 $53,449
2019 $7,760 $128,592 $76,124 $52,468
2018 $7,721 $131,288 $74,457 $56,831
2017 $7,651 $129,093 $73,212 $55,881
2016 $7,349 $122,876 $69,686 $53,190
2015 $7,243 $115,703 $65,618 $50,085
2014 $6,349 $102,577 $58,912 $43,665
2012 $6,045 $103,467 $59,423 $44,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10559961

Midwest Real Estate Data (MRED)

APN: 12-20-221-009