NOT LISTED FOR SALE

507 E Blodgett Ave Lake Bluff, IL 60044

Estimated Value: $1,720,000 - $2,483,000

5 Beds
6 Baths
4,410 Sq Ft
$441/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $1,295,000 $294 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $12,934/month

86 Days on Market

Highlights

  • Landscaped Professionally
  • Community Lake
  • Wooded Lot
  • Lake Bluff Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Vaulted Ceiling

About This Home

As of July 2021

Situated on a half-acre lot just steps from Lake Michigan, this custom built Lynch Construction home is a perfect blend of the outdoors with the indoors. You will love the spacious front porch, bluestone patio overlooking an expansive,lush backyard and second floor balconies. Upon entering, you're greeted by 9" ceilings, wide plank hardwood floors and an open concept floor plan allowing casual living at its finest. The custom kitchen features white cabinetry, granite island Thermadore stovetop and double ovens, two dishwashers and a large walk-in pantry. Upstairs you will find an impressive Primary suite with vaulted ceilings and fireplace, four additional bedrooms,two additional bathrooms, laundry room and more! A finished basement with deep window wells and 9 foot ceilings provide a great amount of versatile space including a large rec space, office or bedroom, hobby room, full bath and ample storage.

Last Agent to Sell the Property

Elizabeth Iantoni

Compass License #475182302 Listed on: 03/30/2021

Compass

Last Buyer's Agent

Luke Mutter

RE/MAX Suburban License #471020502

RE/MAX Suburban

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,450

Year Built

  • Built in 1999

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 75 x 274
  • Landscaped Professionally
  • Wooded Lot

Parking

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

Home Design

  • Traditional Architecture
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 4,410 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Double Sided Fireplace
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Game Room
  • Storage Room
  • Wood Flooring
  • Unfinished Attic

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Balcony
  • Patio
  • Porch

Schools

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

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Community Details

  • East Lake Bluff Subdivision
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,450

Year Built

Built in 1999

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: East Lake Bluff
  • Year Built: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Double Sided, Wood Burning, Gas Log
  • Fireplaces: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 2nd Floor Laundry
  • LivingArea: 4410
  • Other Equipment: Humidifier, Air Purifier
  • Room Type: Bedroom 5, Eating Area, Game Room, Foyer, Mud Room, Storage, Pantry
  • Estimated Total Finished Sq Ft: 1810
  • Basement Description: Partially Finished,Exterior Access
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room,Master Bedroom
  • Square Footage Comments: Does not include lower level finished space consisting of a rec area, craft room, bedroom, full bath, and storage area.
  • Total Sq Ft: 1810
  • Attic: Unfinished
  • Window Features: Skylight(s)

Exterior Features

  • DirectionFaces: North
  • ExteriorFeatures: Balcony, Patio, Porch
  • Foundation Details: Concrete Perimeter
  • Lot Features: Landscaped, Wooded
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Lake
  • 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: 0.4734
  • Lot Dimensions: 75 X 274
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 36450.08
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
Aug 16, 2021
Sold by
Elliott Jason A and Elliott Nicole R
Bought by
Jason A Elliott And Nicole R Elliott Tr
Seller's Agent
Elizabeth Iantoni
Compass
Buyer's Agent
Luke Mutter
RE/MAX Suburban
List Price
$1,499,000
Sold Price
$1,295,000
Premium/Discount to List
-$204,000
-13.61%
Current Estimated Value
$1,943,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$648,188
Avg. Annual Appreciation
9.75%
Original Mortgage
$1,036,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2021
Closed on
Jul 13, 2021
Sold by
Remington Heather Crain and The Heather Crain Remington Tr
Bought by
Elliott Jason and Elliott Nicole
Seller's Agent
Elizabeth Iantoni
Compass
Buyer's Agent
Luke Mutter
RE/MAX Suburban
List Price
$1,499,000
Sold Price
$1,295,000
Premium/Discount to List
-$204,000
-13.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,036,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2017
Sold by
Patlovich Michael J and Patlovich Karla B
Bought by
Remington Heather Crain and The Heather Crain Remington Tr

Purchase Details

Closed on
Feb 19, 2002
Sold by
Wacker Frederick G and Declaraton Trust Frederick G W
Bought by
Lynch Jeffrey J and Boulet Lynch Joan

Purchase Details

Closed on
Oct 8, 1999
Sold by
Lynch Development Corp
Bought by
Lynch Joan Boulet and Lynch Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,865
Interest Rate
7.12%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
--
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
Jason A Elliott And Nicole R Elliott Tr -- None Available
Elliott Jason $1,295,000 Chicago Title
Remington Heather Crain $1,449,000 None Available
Lynch Jeffrey J $108,000 First American Title
Lynch Joan Boulet -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elliott Jason $1,036,000
Previous Owner Lynch Joan Boulet $736,865
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $1,295,000 -10.6% $294 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
05/23/2021 05/23/21 Price Changed $1,449,000 -3.3% $329 / Sq Ft
05/18/2021 05/18/21 For Sale $1,499,000 +15.8% $340 / Sq Ft
05/18/2021 05/18/21 Off Market $1,295,000 -- --
05/05/2021 05/05/21 Price Changed $1,499,000 -3.8% $340 / Sq Ft
03/22/2021 03/22/21 For Sale $1,559,000 -- $354 / 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 $33,033 $510,485 $195,699 $314,786
2023 $30,375 $461,353 $176,864 $284,489
2022 $30,375 $435,379 $166,907 $268,472
2021 $29,316 $431,623 $165,467 $266,156
2020 $37,802 $570,190 $166,382 $403,808
2019 $36,450 $559,723 $163,328 $396,395
2018 $35,202 $554,838 $181,227 $373,611
2017 $35,170 $545,564 $178,198 $367,366
2016 $33,667 $519,288 $169,615 $349,673
2015 $33,411 $488,972 $159,713 $329,259
2014 $31,510 $448,920 $143,389 $305,531
2012 $28,755 $452,814 $144,633 $308,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11006879

Midwest Real Estate Data (MRED)

APN: 12-21-202-031