NOT LISTED FOR SALE

503 E Blodgett Ave Lake Bluff, IL 60044

Estimated Value: $1,550,000 - $1,766,000

4 Beds
5 Baths
3,625 Sq Ft
$470/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $1,270,000 $350 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $11,630/month

132 Days on Market

Highlights

  • Family Room with Fireplace
  • Formal Dining Room
  • Soaking Tub
  • Lake Bluff Elementary School Rated A
  • Attached Garage

About This Home

As of January 2022

This custom home offers the best of what Lake Bluff has to offer. Designed and built by Lynch Construction, with hand-picked materials and finishes; situated to enjoy the 1/3 of an acre professionally landscaped property. You will love spending time on this front porch sipping coffee or cocktails! The floor plan allows for open or separate spaces with lots of windows letting in the natural light. The chefs kitchen is open to the family room with vaulted ceilings and French doors connecting to the patio, yard and gardens. The office makes a great space to get some work or homework done. The spacious and airy primary suite has a large walk in closet and french doors with a balcony overlooking the fields of Crab Tree Farms. The 4th bedroom is currently a homework room/art studio which leads to the bonus room over the garage. The deep pour finished basement offers plenty of extra space to spread out. The mill work, reclaimed wide-plank flooring and vaulted ceilings set the stage for this home to shine. Rare 3 car attached garage.

Last Agent to Sell the Property

Patricia Carollo

Jameson Sotheby's International Realty License #475132986 Listed on: 05/17/2021

Jameson Sotheby's International Realty

Last Buyer's Agent

Nancy Adelman

Compass License #475123518

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1999

Lot Details

  • 0.32

Parking

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

Home Design

  • Cedar

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Finished Basement Bathroom

Bedrooms and Bathrooms

  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1999

Lot Details

0.32 Acres

Parking

3

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • 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
  • Directions: Moffett Road North to Blodgett, East to Address.
  • Lot Size: 75 X 200
  • New Construction: No
  • Ownership: Fee Simple
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1999

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: Partial
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter, Includes Accessories
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry, Walk-In Closet(s), Bookcases
  • Other Equipment: Humidifier, Central Vacuum, TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;, Generator
  • Dining Room Type: Office, Breakfast Room, Bonus Room, Recreation Room, Storage, Game Room

Exterior Features

  • Exterior Building Type: Cedar
  • Waterfront: No

Garage/Parking

  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Tennis Court(s), Lake, Curbs, Street Lights

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 115
  • Middle Or Junior School: Lake Bluff Middle School

Lot Info

  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 26603.64
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Jan 3, 2022
Sold by
Mossarger Christopher P and Mossarger Johnna M
Bought by
Magnusson Thomas J and Magnusson Rachel Shaw
Seller's Agent
Patricia Carollo
Jameson Sotheby's International Realty
Buyer's Agent
Nancy Adelman
Compass
List Price
$1,400,000
Sold Price
$1,270,000
Premium/Discount to List
-$130,000
-9.29%
Current Estimated Value
$1,702,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,463
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Jul 29, 2004
Sold by
Wacker Frederick G and Declaration Of Trust Of Freder
Bought by
Mosbarger Christopher P and Mosbarger Johnna M S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2004
Sold by
Lynch Jeffrey J and Boulet Lynch Joan
Bought by
Hulseman Richard L and Hulseman Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2004
Sold by
Wacker Frederick G
Bought by
Lynch Jeffrey J and Boulet Lynch Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 1999
Sold by
Cole Taylor Bank
Bought by
Wacker Frederick G and Trust Of Frederick G Wacker Ii

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
7.68%

Purchase Details

Closed on
Jul 30, 1999
Sold by
Lynch Development
Bought by
Wacker Frederick G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
7.68%
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Magnusson Thomas J $1,270,000 Chicago Title
Mosbarger Christopher P $1,530,000 First American Title
Hulseman Richard L $76,000 First American Title Insuran
Lynch Jeffrey J $100,000 First American Title
Wacker Frederick G -- --
Cole Taylor Bank -- --
Wacker Frederick G $838,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mosbarger Christopher P $1,000,000
Previous Owner Wacker Frederick G $199,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $1,270,000 -9.2% $350 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
05/17/2021 05/17/21 Price Changed $1,399,000 -0.1% $386 / Sq Ft
05/10/2021 05/10/21 For Sale $1,400,000 -- $386 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $32,100 $496,313 $167,362 $328,951
2023 $29,520 $448,545 $151,254 $297,291
2022 $29,520 $423,291 $142,738 $280,553
2021 $33,473 $491,969 $141,507 $350,462
2020 $32,743 $494,690 $142,290 $352,400
2019 $31,572 $485,609 $139,678 $345,931
2018 $29,936 $472,746 $155,881 $316,865
2017 $29,685 $464,843 $153,275 $311,568
2016 $28,627 $442,455 $145,893 $296,562
2015 $28,406 $439,061 $137,376 $301,685
2014 $27,511 $403,180 $123,335 $279,845
2012 $25,788 $406,678 $124,405 $282,273
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11082263

Midwest Real Estate Data (MRED)

APN: 12-21-202-030

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