NOT LISTED FOR SALE

502 Garfield Ave Libertyville, IL 60048

South Libertyville Neighborhood

Estimated Value: $414,000 - $465,000

4 Beds
2 Baths
1,331 Sq Ft
$330/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $240,000 $180 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,954/month

50 Days on Market

Highlights

  • Cape Cod Architecture
  • Landscaped Professionally
  • Wood Flooring
  • Rockland Elementary School Rated A-
  • Recreation Room
  • Main Floor Bedroom

About This Home

As of May 2014

ATTENTION INVESTORS & REHABBERS-FANTASTIC PRICE FOR THIS HOME. YES, IT NEEDS UPDATING, BUT HAS A LOT OF GREAT FEATURES. HARDWD FLRING ON 1ST FLR. BAY WINDOWS & CROWN MOLDINGS, EAT-IN KITCHEN. UPDATED 1ST FLR BATHRM. FINSIHED REC & WORK RM. LOTS OF STORAGE. 2 CAR GARAGE. BRICK PAVER PATIO, WALKWAYS & FLAGSTONE SURROUNDED BY EXQUISTE GARDENS . WONDERFUL CURB APPEAL. CLOSE TO TRAIN, SHOPS, DINING.

Last Agent to Sell the Property

Scott Collins

RE/MAX Showcase Listed on: 02/24/2014

Last Buyer's Agent

Debra Dunn

@properties Christie's International Real Estate License #475134560

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,749

Year Built

  • 1940

Lot Details

  • Landscaped Professionally
  • Corner Lot

Parking

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

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Dining Area
  • Workroom
  • Recreation Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level
  • Whirlpool Bathtub

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Hot Water Heating System

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,749

Year Built

1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 71-80 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1940
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 9
  • Living Room: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Equipment: TV-Cable, CO Detectors, Ceiling Fan, Sump Pump
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 19X7, On Level: Basement, Flooring: Vinyl
  • Kitchen Type: Dimensions: 12X8, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Eating Area, Recreation Room, Workroom
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Eating Area, Dimensions: 12X8, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Recreation Rm, Dimensions: 24X14, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Work Rm, Dimensions: 17X14, On Level: Basement, Flooring: Vinyl
  • Bedroom 3: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1331

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Schools

  • Junior High Dist: 70

Lot Info

  • Lot Dimensions: 62X130X62X129
  • Lot Description: Corner, Landscaped Professionally
  • Parcel Identification Number: 11211210010000

Tax Info

  • Taxes: 5620.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2016
Sold by
Paradis John K
Bought by
Paradis John K and The John K Paradis 2016 Trust
Current Estimated Value
$438,645

Purchase Details

Listed on
Feb 24, 2014
Closed on
May 30, 2014
Sold by
Sullivan Nancy H and Grange Nancy H
Bought by
Paradis John K
Seller's Agent
Scott Collins
RE/MAX Showcase
Buyer's Agent
Debra Dunn
@properties Christie's International Real Estate
List Price
$274,900
Sold Price
$240,000
Premium/Discount to List
-$34,900
-12.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$216,000
Outstanding Balance
$167,627
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$271,018
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
Paradis John K -- Attorney
Paradis John K $240,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paradis John K $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $240,000 -7.7% $180 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
04/06/2014 04/06/14 Price Changed $259,900 -1.9% $195 / Sq Ft
03/21/2014 03/21/14 Price Changed $265,000 -3.6% $199 / Sq Ft
02/24/2014 02/24/14 For Sale $274,900 -- $207 / 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 $7,749 $104,316 $62,399 $41,917
2023 $7,352 $96,215 $57,553 $38,662
2022 $7,352 $91,926 $55,318 $36,608
2021 $7,084 $89,947 $54,127 $35,820
2020 $7,497 $97,181 $58,480 $38,701
2019 $7,309 $96,257 $57,924 $38,333
2018 $6,771 $92,116 $57,417 $34,699
2017 $6,681 $89,208 $55,604 $33,604
2016 $6,014 $84,581 $52,720 $31,861
2015 $5,945 $79,055 $49,276 $29,779
2014 $5,620 $72,891 $45,434 $27,457
2012 $5,558 $74,267 $46,291 $27,976
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Scott Collins

    RE/MAX Showcase

    Section Image
  • Debra Dunn

    Buyer's Agent in 2014

    Debra Dunn

    @ Properties

    (847) 987-8074

    8 in this area

    99 Total Sales

    Debra Dunn
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08542865

Midwest Real Estate Data (MRED)

APN: 11-21-121-001

Illinois Lake County Libertyville 60048 South Libertyville

502 Garfield Ave, Libertyville, IL

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