NOT LISTED FOR SALE

502 E Scranton Ave Lake Bluff, IL 60044

Estimated Value: $855,000 - $1,222,000

4 Beds
3 Baths
2,424 Sq Ft
$421/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $805,000 $332 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,481/month

11 Days on Market

Highlights

  • Open Floorplan
  • Landscaped Professionally
  • Property is near a park
  • Lake Bluff Elementary School Rated A
  • Deck
  • 4-minute walk to Ravine Park

About This Home

As of July 2022

Location, location, location - beautifully renovated East Lake Bluff home! This light filled family home is located just two blocks from the beach and a few blocks from town has everything you need to just move right in and enjoy! You are immediately welcomed into this home with a generous sized living room, built-in bookcase and wood burning fireplace which opens to a spacious kitchen, white cabinets, center island with breakfast bar, stainless steel appliances, granite counters, hardwood floors and Kohler farm style sink. Separate formal dining room features a 2nd wood burning fireplace, sliding doors leading to a fantastic outdoor deck and expansive yard and entertaining area. 3 generous bedrooms and 2 full baths upstairs. Elegant owners suite includes a newly finished luxurious primary bath, two sinks and a walk in closet. Finished basement provides a 4th bedroom, full bath and private entrance, ideal for in-laws, or nanny situation. Plus an additional space that could be used for an office or small bedroom. This well loved and meticulously maintained home sits one house in from the 4th of July parade route. Many recent improvements to this home include a new cedar fence (2021), hot water heater (2021), new furnace (2020), newly renovated 2nd floor bathroom (2020), outdoor garden beds with gate(2020), sump pump and drainage in the backyard (2020), and much more. Gorgeous landscaping and large front & backyards, very hard to find in East Lake Bluff! Walking distance to town/train, the beach! Come live your East Lake Bluff dream!

Last Agent to Sell the Property

Jessica Horrighs

Keller Williams North Shore West License #475192141 Listed on: 06/03/2022

Keller Williams North Shore West

Last Buyer's Agent

Betsy Burke

Berkshire Hathaway HomeServices Chicago License #475140207

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,250

Year Built

  • Built in 1956 | Remodeled in 2017

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 75 x 125
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Wooded Lot

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Split Level Home
  • Tri-Level Property
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,424 Sq Ft Home
  • Open Floorplan
  • Dry Bar
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Unfinished Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck
  • Shed
  • Outdoor Grill

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
  • 150 Amp Service
  • Lake Michigan Water
  • Cable TV Available
  • TV Antenna

Additional Features

  • Air Exchanger
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • East Lake Bluff Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,250

Year Built

Built in 1956 | Remodeled in 2017

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Subdivision Name: East Lake Bluff
  • Year Built: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Walkout
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Bar-Dry, Hardwood Floors, In-Law Arrangement, Walk-In Closet(s), Open Floorplan, Drapes/Blinds, Separate Dining Room
  • LivingArea: 2424
  • Other Equipment: Humidifier, TV-Cable, TV Antenna, CO Detectors, Air Exchanger
  • Room Type: Office, Den
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Exterior Access,Rec/Family Area
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Door Features: Sliding Doors
  • Window Features: Window Treatments

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens, Outdoor Grill
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard, Landscaped, Wooded
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers, Fuses, 150 Amp Service
  • Heating: Natural Gas, Electric, Forced Air
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Curbs, Sidewalks, Street Lights, 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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.22
  • Lot Dimensions: 75 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 11250.18
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2016
Closed on
May 3, 2016
Sold by
Leszkowicz Christine
Bought by
Horrighs Stephen L and Testwuide Jessica R
Seller's Agent
Elizabeth Keepper
Griffith, Grant & Lackie
Buyer's Agent
Foster Chambers
Phoenix Realty LLC
List Price
$549,000
Sold Price
$495,000
Premium/Discount to List
-$54,000
-9.84%
Current Estimated Value
$1,019,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,827
Avg. Annual Appreciation
7.78%
Original Mortgage
$396,000
Outstanding Balance
$169,960
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$849,867
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Horrighs Stephen L $495,000 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horrighs Stephen L $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2022 07/01/22 Sold $805,000 -4.2% $332 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $840,000 +69.7% $347 / Sq Ft
05/03/2016 05/03/16 Sold $495,000 -9.8% $204 / Sq Ft View Prior Sale
02/29/2016 02/29/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $549,000 -- $226 / 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 $13,657 $211,999 $143,979 $68,020
2023 $11,917 $195,427 $132,724 $62,703
2022 $11,917 $174,455 $118,481 $55,974
2021 $11,499 $172,950 $117,459 $55,491
2020 $11,250 $173,907 $118,109 $55,798
2019 $10,846 $170,715 $115,941 $54,774
2018 $10,919 $176,280 $128,440 $47,840
2017 $10,826 $173,333 $126,293 $47,040
2016 $10,428 $178,112 $120,210 $57,902
2015 $11,187 $167,714 $113,192 $54,522
2014 $10,639 $159,572 $101,622 $57,950
2012 $9,986 $160,957 $102,504 $58,453
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11424527

Midwest Real Estate Data (MRED)

APN: 12-21-210-015