NOT LISTED FOR SALE

506 Sunrise Ave Lake Bluff, IL 60044

Estimated Value: $1,910,519 - $2,531,000

4 Beds
4 Baths
3,543 Sq Ft
$607/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $1,975,000 $557 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $14,361/month

23 Days on Market

Highlights

  • Lake Front
  • Property is near a park
  • Wood Flooring
  • Lake Bluff Elementary School Rated A
  • Recreation Room
  • 2-minute walk to Sunrise Park and Beach

About This Home

As of October 2019

A once in a lifetime opportunity. Just a handful of homes overlook Lake Michigan in Lake Bluff and this incredible property has 160' of frontage facing the lake. The classic vintage home has been meticulously renovated inside and out by renowned designer Deborah Clarkson and architect David Sundry. The stunning property includes a new garage and coach house, complete with an outdoor shower that is perfect for rinsing off after coming home from the beach. Private outdoor living and dining spaces were created and beautifully adorned with lush professional landscaping by Horvat. No expense was spared in creating this rare offering with top-of-the-line finishes and striking designer details throughout.

Last Agent to Sell the Property

Dawn McKenna

Coldwell Banker Realty License #475122904 Listed on: 06/07/2019

Coldwell Banker Realty

Co-Listed By

Jean Royster

Coldwell Banker Realty License #475133732

Last Buyer's Agent

Magdalena Malyszko

HomeSmart Connect LLC License #475134463

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,832

Year Built | Renovated

  • 1927 | 2016

Lot Details

  • Lake Front
  • East or West Exposure
  • Fenced Yard

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cottage
  • Brick Exterior Construction
  • Wood Shingle Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Home Office
  • Recreation Room
  • Storage Room
  • Wood Flooring
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Cooler

Laundry

  • Dryer
  • Washer

Location

  • Property is near a park

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,832

Year Built | Renovated

1927 | 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 91-100 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Rehab Year: 2016
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Cottage
  • Type Detached: 2 Stories
  • Estimated Year Built: 1927
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1927
  • Year Renovated: 2016

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 10
  • Living Room: Dimensions: 30X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Wine Cooler/Refrigerator, Range Hood
  • Equipment: TV-Cable, Security System, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;, Multiple Water Heaters
  • Attic: Finished, Pull Down Stair
  • Fireplace Location: Family Room, Living Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 18X10, On Level: Basement
  • Dining Room: Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 20X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Office, Recreation Room, Storage
  • Master Bedroom: Dimensions: 22X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Office, Dimensions: 12X10, On Level: Main Level, Flooring: Carpet
  • Additional Room 2 Name: Recreation Rm, Dimensions: 28X15, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 18X15, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Storage, Dimensions: 14X8, On Level: Basement
  • Bedroom 3: Dimensions: 15X12, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 3543
  • Dining Room Type: Separate
  • Family Room: Dimensions: 22X15, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Wood Shakes/Shingles
  • Waterfront: Yes
  • Exposure: E (East), Lake/Water
  • Acreage: 0.35

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Baseboard

Schools

  • School District: 115
  • Elementary School: Lake Bluff Elementary School
  • Middle School: Lake Bluff Middle School
  • High School: Lake Forest High School
  • Junior High Dist: 65

Lot Info

  • Lot Dimensions: 15578
  • Lot Description: Fenced Yard, Lake Front, Park Adjacent, Water View
  • Parcel Identification Number: 12212210140000

Tax Info

  • Taxes: 30785.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
Oct 10, 2019
Sold by
Schmucker Brian and Schmucker Julie
Bought by
Villacis Diego
Seller's Agent
Dawn McKenna
Coldwell Banker Realty
Buyer's Agent
Magdalena Malyszko
HomeSmart Connect LLC
List Price
$2,095,000
Sold Price
$1,975,000
Premium/Discount to List
-$120,000
-5.73%
Current Estimated Value
$2,150,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,506
Avg. Annual Appreciation
-2.41%
Original Mortgage
$755,000
Outstanding Balance
$676,500
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$1,034,163

Purchase Details

Closed on
Aug 22, 2011
Sold by
Schmucker Brian and Schmucker Julie
Bought by
Schmucker Brian and Schmucker Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2011
Sold by
Pasquesi Thomas A and The Patricia M Pasquesi Trust
Bought by
Schmucker Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2007
Sold by
Pasquesi Patricia M
Bought by
Pasquesi Patricia M and Patricia M Pasquesi Trust
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
Villacis Diego $1,975,000 Chicago Title
Schmucker Brian -- None Available
Schmucker Brian $1,100,000 St
Pasquesi Patricia M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villacis Diego $755,000
Previous Owner Schmucker Brian $1,700,000
Previous Owner Schmucker Brian H $1,140,000
Previous Owner Schmucker Brian H $1,260,000
Previous Owner Schmucker Brian $1,080,000
Previous Owner Schmucker Brian $840,000
Previous Owner Schmucker Brian $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $1,975,000 -5.7% $557 / Sq Ft
06/30/2019 06/30/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $2,095,000 -- $591 / 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 $34,832 $579,979 $137,069 $442,910
2023 $32,023 $486,037 $114,867 $371,170
2022 $32,023 $458,672 $108,400 $350,272
2021 $30,907 $454,716 $107,465 $347,251
2020 $29,152 $457,230 $108,059 $349,171
2019 $29,152 $448,836 $106,075 $342,761
2018 $23,926 $391,667 $117,993 $273,674
2017 $22,910 $385,120 $116,021 $269,099
2016 $22,010 $366,571 $110,433 $256,138
2015 $21,733 $345,171 $103,986 $241,185
2014 $15,167 $346,888 $93,358 $253,530
2012 -- $226,903 $94,169 $132,734
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10386451

Midwest Real Estate Data (MRED)

APN: 12-21-221-019