NOT LISTED FOR SALE

405 Lincoln Ave Lake Bluff, IL 60044

Estimated Value: $546,000 - $671,411

4 Beds
3 Baths
1,575 Sq Ft
$384/Sq Ft Est. Value

Last Sold December 07, 2022

Last sale price $475,000 $302 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,225/month

67 Days on Market

Highlights

  • Property is near a park
  • Family Room with Fireplace
  • Raised Ranch Architecture
  • Lake Bluff Elementary School Rated A
  • Vaulted Ceiling
  • 3-minute walk to Mawman Park

About This Home

As of December 2022

Mid Century Modern Gem! On large corner lot in highly sought out East Terrace neighborhood. Minutes from the beach and Mawman Park, Lake Bluff Park District, pool, paddle, golf course, LBES and vibrant downtown Lake Bluff and Lake Forest. Hardwood floors throughout top level, finished bottom level makes this Mid Century a unique property. .From the beautiful curb appeal and lovey brick walk you will be immediately impressed by this exciting Mid Century Modern home. This wonderful home has volume-beamed ceilings in the foyer and living room, exposed brick wall, walls of windows and great natural light. The home features 3 bedrooms, 2 baths on the main level and a 4th bedroom currently used as an office/den plus 3rd full bath in the walk out basement. The walk out basement is an entire level of living space with a spacious family room, second fireplace, newer laundry room, and storage area. Enjoy the beautiful back privately fenced patio and for playing you have a spacious front and side yard. Newer electrical, some newer plumbing, newer appliances, freshly painted. New renovations: new sewer line, new flooring in basement, newly rehabbed downstairs bathroom, fresh paint throughout the home, new flooring in kitchen, newly refinished bathroom and kitchen countertops, new plumbing and electrical, sanded and refinished hardwood flooring. Don't miss out on this beautiful home.

Last Agent to Sell the Property

Scott Berg

Berg Properties License #475110440 Listed on: 08/16/2022

Last Buyer's Agent

Kim Shortsle

Jameson Sotheby's International Realty License #475168103

Jameson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,765

Year Built

  • Built in 1950 | Remodeled in 2022

Lot Details

  • 7,301 Sq Ft Lot
  • Lot Dimensions are 161x68x135x41x42
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Raised Ranch Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,575 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Unfinished Attic

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near a park

Schools

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

Utilities

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

Community Details

  • East Lake Bluff Subdivision

Listing and Financial Details

  • Senior Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,765

Year Built

Built in 1950 | Remodeled in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Subdivision Name: East Lake Bluff
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Appliances: Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Built-In Oven
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, First Floor Bedroom
  • LivingArea: 1575
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 2666
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2666
  • Fireplace Location: Family Room,Living Room
  • Square Footage Comments: Square footage upper level only lower level additional 1575 square feet
  • Total Sq Ft: 2666
  • Attic: Unfinished
  • Main Level Sq Ft: 1575
  • Lower Level Sq Ft: 1091
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 520000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 3
  • Number of Cars: 5
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

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
  • Middle/Junior School District: 65

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1676
  • Lot Dimensions: 161X68X135X41X42
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 8765.14
  • Tax Year: 2021
  • Tax Exemptions: Senior,Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Nov 30, 2022
Sold by
4 Tym2 Llc
Bought by
Moore Tim
Seller's Agent
Scott Berg
Berg Properties
Buyer's Agent
Kim Shortsle
Jameson Sotheby's International Realty
List Price
$520,000
Sold Price
$475,000
Premium/Discount to List
-$45,000
-8.65%
Views
100
Current Estimated Value
$604,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,353
Avg. Annual Appreciation
9.28%

Purchase Details

Listed on
Oct 13, 2021
Closed on
Feb 24, 2022
Sold by
Richardson Family Joint Trust
Bought by
Fahmy Dahlia
Seller's Agent
Daria Andrews
@properties Christie's International Real Estate
Buyer's Agent
Colleen Pirkle
Colleen Pirkle
List Price
$484,000
Sold Price
$440,000
Premium/Discount to List
-$44,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
Original Mortgage
$308,000
Interest Rate
3.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2021
Sold by
Richardson Edward A and Richardson Cheryl A
Bought by
Richardson Edward A and Richardson Cheryl A

Purchase Details

Closed on
May 10, 2018
Sold by
Richardson Marion J and Richardson Sherwood L
Bought by
Richardson Edward A and Richardson Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 22, 2003
Sold by
Richardson Sherwood L and Richardson Marion J
Bought by
Richardson Marion J and Richardson Sherwood L
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
Moore Tim $475,000 Fidelity National Title
Fahmy Dahlia $440,000 Proper Title
Richardson Edward A -- None Available
Richardson Edward A -- None Available
Richardson Marion J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fahmy Dahlia $308,000
Previous Owner Richardson Edward A $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $475,000 -8.7% $302 / Sq Ft
10/23/2022 10/23/22 Pending -- -- --
09/23/2022 09/23/22 Price Changed $520,000 0.0% $330 / Sq Ft
09/23/2022 09/23/22 For Sale $520,000 +9.5% $330 / Sq Ft
09/23/2022 09/23/22 Off Market $475,000 -- --
09/21/2022 09/21/22 For Sale $545,000 +14.7% $346 / Sq Ft
08/29/2022 08/29/22 Off Market $475,000 -- --
08/16/2022 08/16/22 For Sale $545,000 +23.9% $346 / Sq Ft
02/24/2022 02/24/22 Sold $440,000 -9.1% $279 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
10/13/2021 10/13/21 For Sale $484,000 -- $307 / 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 $11,178 $173,074 $100,398 $72,676
2023 $9,865 $153,408 $88,990 $64,418
2022 $9,865 $139,459 $80,898 $58,561
2021 $8,765 $138,256 $80,200 $58,056
2020 $9,600 $143,275 $80,657 $62,618
2019 $9,257 $140,645 $79,176 $61,469
2018 $9,024 $140,679 $77,445 $63,234
2017 $8,949 $138,327 $76,150 $62,177
2016 $8,636 $131,664 $72,482 $59,182
2015 $8,576 $123,977 $68,250 $55,727
2014 $7,789 $112,464 $61,274 $51,190
2012 $7,295 $113,440 $61,806 $51,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11493305

Midwest Real Estate Data (MRED)

APN: 12-20-219-021