NOT LISTED FOR SALE

407 Lake St Libertyville, IL 60048

Estimated Value: $1,424,000 - $1,756,000

5 Beds
4 Baths
4,195 Sq Ft
$382/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $1,225,000 $292 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $11,068/month

19 Days on Market

Highlights

  • Water Views
  • 5-minute walk to Libertyville Station
  • Farmhouse Style Home
  • Butterfield School Rated A-
  • Wood Flooring
  • Bonus Room

About This Home

As of September 2018

Better than new & HGTV perfect! Complete custom rebuild in 2015 this inviting Farmhouse w/welcoming front porch in Heritage area on 1/3 acre deep lot w/S exposure & lake views from MBR balcony exceeds your dreams! Flexible floorplan perfect for entertaining: 9' 1st FLR w/enhanced ceilings & dark HW, 8' white doors & 7" base, crown molding, recessed lighting & chandeliers thru-out! FOY opens to elegant LR w/pillars which flows to DR & GREAT RM w/wall of windows for abundant light flows to Chef's KIT w/huge marble island, white Shaker CABS, SS APPLS & farmhouse sink + B/I Banquette open to paver patio in private yard! Dry Bar w/wine FRIG, MUD RM off AT GAR & PR w/pedestal sink. Gracious BRS w/WICs + private & Jack & Jill baths, 2nd FLR LDY & spacious MBR w/2 WICs & 5 piece marble en suite bath to pamper you! Walk-up attic perfect for studio-10' BAS w/FR & BR5 plumbed for bath & wet bar+storage & zoned HVAC. Walk to town, Metra & award-winning schools! Simply turn-key & love living here!

Last Agent to Sell the Property

Cynthia Nash-Frye

@properties Listed on: 05/11/2018

Last Buyer's Agent

Cynthia Nash-Frye

@properties Listed on: 05/11/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,631

Year Built

  • 2015

Lot Details

  • 0.39

Parking

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

Home Design

  • Farmhouse Style Home
  • Slab Foundation
  • Asphalt Shingled Roof
  • Metal Roof

Interior Spaces

  • Dry Bar
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Sitting Room
  • Breakfast Room
  • Home Office
  • Bonus Room
  • Game Room
  • Wood Flooring
  • Water Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,631

Year Built

2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: Commuter Train
  • Age: 1-5 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rebuilt(yn): Yes
  • Rebuilt Year: 2015
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Farmhouse
  • Type Detached: 3 Stories
  • Estimated Year Built: 2015
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2015

Interior Features

  • Interior Property Features: Bar-Dry, Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 15
  • Living Room: Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator, Range Hood
  • Equipment: Humidifier, TV-Cable, Fire Sprinklers, CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning, Gas Starter
  • Attic: Interior Stair
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 12X08, On Level: 2nd Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: 5th Bedroom, Breakfast Room, Great Room, Bonus, Sitting Room, Foyer, Mud Room, Balcony, Office, Game Room
  • Master Bedroom: Dimensions: 25X18, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 13X13, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Breakfast Rm, Dimensions: 21X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 18X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Great Rm, Dimensions: 22X18, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 15X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Bonus, Dimensions: 35X22, On Level: 3rd Level
  • Bedroom 4: Dimensions: 13X12, On Level: 2nd Level
  • Additional Room 5 Name: Sitting, Dimensions: 11X05, On Level: Main Level, Flooring: Hardwood
  • Additional Room 6 Name: Foyer, Dimensions: 15X08, On Level: Main Level, Flooring: Hardwood
  • Additional Room 7 Name: Mud, Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 8 Name: Balcony, Dimensions: 15X05, On Level: 2nd Level
  • Additional Room 9 Name: Office, Dimensions: 12X07, On Level: 2nd Level, Flooring: Other, Windows: None
  • Additional Room 10 Name: Game Rm, Dimensions: 14X12, On Level: Basement, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 4195
  • Family Room: Dimensions: 35X18, On Level: Basement, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Roof Type: Asphalt/Glass (Shingles), Metal
  • Exterior Property Features: Patio, Porch
  • Exposure: N (North)
  • Acreage: 0.39

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air, Zoned

Condo/Co-op/Association

  • Assessed Sq Ft: 4195

Schools

  • Junior High Dist: 70

Lot Info

  • Lot Dimensions: 79X211X74X211
  • Lot Description: Water View
  • Parcel Identification Number: 11163000370000

Tax Info

  • Taxes: 26873

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2018
Closed on
Sep 21, 2018
Sold by
Fischer James E and Fischer Rita R
Bought by
Walldorf Karl M and Walldorf Sarah J
Seller's Agent
Cynthia Nash-Frye
@properties
Buyer's Agent
Cynthia Nash-Frye
@properties
List Price
$1,250,000
Sold Price
$1,225,000
Premium/Discount to List
-$25,000
-2%
Current Estimated Value
$1,602,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,976
Avg. Annual Appreciation
3.84%
Original Mortgage
$560,000
Outstanding Balance
$487,347
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,115,629

Purchase Details

Closed on
Dec 16, 2009
Sold by
New Image Developers Llc
Bought by
Fischer James E and Fischer Rita R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2009
Sold by
Fisher Evelyn and Fisher Gregg
Bought by
New Image Developers Llc

Purchase Details

Closed on
Jul 27, 2009
Sold by
New Image Developers Llc
Bought by
Fisher Evelyn and Gold Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 15, 2006
Sold by
Demichele Glenn A
Bought by
New Image Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
8.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 13, 2005
Sold by
Hart Patrick and Hart Nancy
Bought by
Demichele Glenn A
Source: Public Records

Range of Values:

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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
Walldorf Karl M $1,125,000 First American Title
Fischer James E $440,000 1St American Title
New Image Developers Llc -- None Available
Fisher Evelyn -- Ticor
New Image Developers Llc $448,000 First American Title
Demichele Glenn A $439,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walldorf Karl M $560,000
Previous Owner Fischer James E $396,000
Previous Owner Fisher Evelyn $361,000
Previous Owner New Image Developers Llc $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $1,225,000 -2.0% $292 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $1,250,000 -- $298 / 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 $31,631 $434,505 $101,155 $333,350
2023 $31,487 $400,761 $93,299 $307,462
2022 $31,487 $399,708 $89,674 $310,034
2021 $30,330 $391,104 $87,744 $303,360
2020 $29,200 $384,529 $86,269 $298,260
2019 $28,472 $380,873 $85,449 $295,424
2018 $24,685 $381,908 $77,103 $304,805
2017 $26,873 $369,851 $74,669 $295,182
2016 $25,995 $350,669 $70,796 $279,873
2015 $5,384 $66,171 $66,171 $0
2014 $10,870 $147,467 $62,175 $85,292
2012 $11,104 $143,028 $60,303 $82,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09946900

Midwest Real Estate Data (MRED)

APN: 11-16-300-037