NOT LISTED FOR SALE

427 Rockland Ave Lake Bluff, IL 60044

Estimated Value: $558,000 - $676,000

3 Beds
2.5 Baths
2,210 Sq Ft
$286/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $570,000 $258 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,344/month

1 Day on Market

Highlights

  • Landscaped Professionally
  • Property is near a park
  • Formal Dining Room
  • Lake Bluff Elementary School Rated A
  • Wood Flooring
  • 2-minute walk to Mawman Park

About This Home

As of February 2024

Located in the East Terrace neighborhood, near Mawman Park and a short distance to downtown Lake Bluff, sits this charming 3-bedroom, 2.1-bath split-level home. Enjoying over 2,100 square feet of finished space, it features an updated white kitchen with a sliding glass door that provides easy access to a paver patio for grilling and entertaining. A cozy family room has built-in bookshelves and large windows with plantation shutters. Hardwood floors grace both the first and second floors. Upstairs is a primary suite with two closets and a private bathroom, plus two additional bedrooms and a hall bathroom. The walkout lower level includes a sizable recreation room with large above-grade windows, a powder room, a laundry room, and an incredibly spacious poured concrete storage area. A covered carport is accessed by a wide driveway that provides ample parking for multiple cars. The backyard features an expansive play area, a convenient storage shed, and mature trees, making this home perfect for both comfortable living and entertaining.

Last Agent to Sell the Property

Alissa McNicholas

Compass License #475134192 Listed on: 01/15/2024

Compass

Co-Listed By

Lori Baker

Compass License #475134193

Last Buyer's Agent

Anne Jacobs

Baird & Warner License #475172200

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,013

Year Built

  • Built in 1960

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 70 x 165
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Home Design

  • Split Level with Sub
  • Tri-Level Property
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,210 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Exterior Basement Entry
  • Sump Pump
  • Sub-Basement
  • Finished Basement Bathroom
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Parking

  • 3 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Patio
  • Property is near a park

Community Details

  • East Terrace Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,013

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level w/ Sub
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Property Sub-Type: Split Level w/ Sub
  • Subdivision Name: East Terrace
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors
  • LivingArea: 2210
  • Other Equipment: Humidifier, TV-Cable, Fire Sprinklers, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished,Crawl,Sub-Basement,Exterior Access
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Square Footage Comments: The assessor's square footage does not include 805 SF in the lower level which has all windows above grade and is fully walk-out.
  • Total Sq Ft: 0
  • Attic: Unfinished
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 499000
  • Lot Features: Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • ParkingTotal: 3
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, 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: 0.2652
  • Lot Dimensions: 70 X 165
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9012.92
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Feb 8, 2024
Sold by
Mcnicholas Christopher M and Mcnicholas Angela L
Bought by
Somogyi Kevin and Fasel Samantha Grace
Seller's Agent
Alissa McNicholas
Compass
Buyer's Agent
Anne Jacobs
Baird & Warner
List Price
$499,000
Sold Price
$570,000
Premium/Discount to List
$71,000
14.23%
Views
25
Current Estimated Value
$632,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,333
Avg. Annual Appreciation
5.30%
Original Mortgage
$513,000
Outstanding Balance
$505,949
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$110,241

Purchase Details

Listed on
Feb 28, 2015
Closed on
Jun 1, 2015
Sold by
Burd Alexandra C and Burd Corey K
Bought by
Mcnicholas Christopher M and Mcnicholas Angela L
Seller's Agent
Lisa Trace
@properties Christie's International Real Estate
Buyer's Agent
Lori Baker
Compass
List Price
$419,000
Sold Price
$395,000
Premium/Discount to List
-$24,000
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$316,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2007
Sold by
Vachow Michael J and Simonds Melissa G
Bought by
Festin Alexandra C and Burd Corey K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2002
Sold by
Miller Scott E and Miller Julie D
Bought by
Vachow Michael J and Simonds Melissa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
6.82%

Purchase Details

Closed on
Dec 8, 1999
Sold by
Deemer Diane M and Ligan Diane M
Bought by
Miller Scott E and Miller Julie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.5%

Purchase Details

Closed on
Jan 29, 1998
Sold by
Ligan Warren
Bought by
Ligan Diane

Purchase Details

Closed on
Aug 31, 1990
Sold by
Demas Jonathan H and Demas Denise A
Bought by
Ligan Warren J and Ligan Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,400
Interest Rate
7.56%
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
Somogyi Kevin $570,000 Chicago Title
Mcnicholas Christopher M $395,000 Attorneys Title Guaranty Fun
Festin Alexandra C $380,000 St
Vachow Michael J $357,500 --
Miller Scott E $295,000 --
Ligan Diane -- --
Ligan Warren J $195,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somogyi Kevin $513,000
Previous Owner Mcnicholas Christopher M $360,000
Previous Owner Mcnicholas Christopher M $316,000
Previous Owner Festin Alexandra C $289,000
Previous Owner Burd Corey K $299,300
Previous Owner Festin Alexandra C $304,000
Previous Owner Festin Alexandra C $304,000
Previous Owner Vachow Michael J $30,000
Previous Owner Vachow Michael J $27,000
Previous Owner Vachow Michael J $286,000
Previous Owner Miller Scott E $150,000
Previous Owner Miller Scott E $110,000
Previous Owner Ligan Warren J $143,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $570,000 +14.2% $258 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $499,000 +26.3% $226 / Sq Ft
06/12/2015 06/12/15 Sold $395,000 -5.7% $281 / Sq Ft
03/15/2015 03/15/15 Pending -- -- --
02/28/2015 02/28/15 For Sale $419,000 -- $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 $10,791 $160,656 $103,049 $57,607
2023 $9,013 $148,098 $94,994 $53,104
2022 $9,013 $133,407 $85,571 $47,836
2021 $8,696 $132,256 $84,833 $47,423
2020 $8,508 $132,987 $85,302 $47,685
2019 $9,377 $148,384 $83,736 $64,648
2018 $8,794 $143,140 $81,903 $61,237
2017 $8,718 $140,747 $80,534 $60,213
2016 $8,394 $133,968 $76,655 $57,313
2015 $8,311 $126,147 $72,180 $53,967
2014 -- $97,135 $64,803 $32,332
2012 $5,936 $97,977 $65,365 $32,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11959831

Midwest Real Estate Data (MRED)

APN: 12-20-220-008