NOT LISTED FOR SALE

514 E Scranton Ave Lake Bluff, IL 60044

Estimated Value: $1,661,000 - $1,810,000

4 Beds
4.5 Baths
3,264 Sq Ft
$533/Sq Ft Est. Value

Last Sold March 22, 2023

Last sale price $1,419,500 $435 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $11,727/month

66 Days on Market

Highlights

  • Spa
  • Rooftop Deck
  • Open Floorplan
  • Lake Bluff Elementary School Rated A
  • Multiple Garages
  • 5-minute walk to Ravine Park

About This Home

As of March 2023

Located on an extra wide lot, this architect designed farmhouse is an easy walk to the beach (2 blocks), town, train & library! Enjoy small town living and watch the 4th of July festivities from your front porch! Stop by the local brewery or grab a bite to eat at one of the great local restaurants -all within a short walk. Visit with your neighbors , walk to the park and let your kids play... it's all here in coveted east Lake Bluff! Impressive 10 foot plus ceilings, multiple piece moldings, hardwood floors and classic charm are the hallmarks of this beautiful home. Completely remodeled and renovated down to the studs in 2004 with new windows, floors, electrical & plumbing- this home is rock solid and built to last!. There's a welcoming front porch that is perfect for entertaining & enjoying views of the front yard. The living room has south facing windows, two large built-in bookcases and a fireplace. The dining room is spacious and can accommodate large gatherings. The kitchen has reclaimed barn wood ceilings that go from the kitchen to the family room with beautiful site lines connecting the space. The farm style sink, walk in pantry, large island with Subzero refrigerator drawers, Subzero double refrigerators with freezer drawers, Five star commercial grade six burner cooktop with double ovens , soup/pasta pot filler offer convenience and efficiency. A charming built-in china cabinet adorns the eating area with beautiful views of the deck and side yard beyond. The adjacent family room offers an open concept floor plan , a handsome stone wood burning fireplace, hardwood floors, a planning desk. The first floor laundry /mudroom is conveniently located next to the kitchen. Out back we have a spa and natural gas generator. Upstairs, there are four bedrooms and three full baths, and a linen storage area that could easily become an upstairs laundry room. The primary suite offers a spacious bedroom, private sundeck, a walk-in closet, and a luxurious bath with separate shower and tub. The three other bedrooms offer generous organized closets and hardwood floors. The basement offers a recreation room with fireplace, built-in bookcases , storage and full bathroom. The garage space is ample and the seller will leave a car rack/storage unit which can accommodate a third car. The large professionally landscaped yard is a rarity in east Lake Bluff and offers privacy and play space - perfect for the whole family. Floor plan, list of improvements/features and survey in addition information. If you yearn for your "forever" home, this is the one for you!

Last Agent to Sell the Property

Andrew Mrowiec

Compass License #471004617 Listed on: 11/09/2022

Compass

Co-Listed By

Marina Carney

Compass License #475123100

Last Buyer's Agent

Darragh Landry

@properties Christie's International Real Estate License #475152990

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,948

Year Built

  • Built in 1900 | Remodeled in 2004

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 96 x 124
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

  • 2 Car Attached Garage
  • Multiple Garages
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Farmhouse Style Home
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 3,264 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Bookcases
  • Historic or Period Millwork
  • Ceiling height of 10 feet or more
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Wood Flooring
  • Storm Screens

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Partial Basement
  • Fireplace in Basement
  • Finished Basement Bathroom
  • Crawl Space

Outdoor Features

  • Spa
  • Balcony
  • Rooftop Deck
  • Enclosed Patio or Porch

Location

  • Property is near park

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,948

Year Built

Built in 1900 | Remodeled in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Historical District
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2004
  • Rebuilt Year: 2004
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2004

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplaces: 3
  • Interior Amenities: Hot Tub, Hardwood Floors, First Floor Laundry, Walk-In Closet(s), Bookcases, Ceiling - 10 Foot, Open Floorplan, Special Millwork
  • LivingArea: 3264
  • Room Type: Breakfast Room, Recreation Room, Foyer, Pantry, Walk In Closet, Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Partially Finished,Crawl
  • Bathroom Amenities: Whirlpool,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room,Basement
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Porch, Hot Tub, Roof Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Tennis Court(s), Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • 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: Yes
  • Lot Size Acres: 0.27
  • Lot Dimensions: 96 X 124
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 34947.8
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Mar 7, 2023
Sold by
Paul A Baffico 1991 Trust
Bought by
Hunter Peter and Hunter Sara
Seller's Agent
Andrew Mrowiec
Compass
Buyer's Agent
Darragh Landry
@properties Christie's International Real Estate
List Price
$1,500,000
Sold Price
$1,419,500
Premium/Discount to List
-$80,500
-5.37%
Views
1
Current Estimated Value
$1,738,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,905
Avg. Annual Appreciation
7.59%
Original Mortgage
$325,000
Outstanding Balance
$314,537
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$1,423,868

Purchase Details

Closed on
Sep 9, 2004
Sold by
Mcnamara Baffico Paul A and Mcnamara Baffico Ann
Bought by
Baffico Paul A and Paul A Baffico 1991 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2004
Sold by
Russell Charles E and Russell Margaret A
Bought by
Mcnamara Baffico Paul A and Mcnamara Baffico Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2003
Sold by
C E Russell & Associates Ltd
Bought by
Russell Charles E and Russell Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2003
Sold by
C E Russell & Associates Ltd
Bought by
Russell Charles E and Russell Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2002
Sold by
Cascarano James A and Cascarano Deborah F
Bought by
C E Russell & Associates Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
4.75%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 28, 1998
Sold by
Cascarano James A and Cascarano Deborah F
Bought by
Cascarano James A and Cascarano Deborah F

Purchase Details

Closed on
Aug 24, 1994
Sold by
Blanchard Robert L and Blanchard Sandra E
Bought by
Cascarano James A and Cascarano Deborah F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Interest Rate
8.72%
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
Hunter Peter $1,419,500 Chicago Title
Baffico Paul A -- --
Mcnamara Baffico Paul A $1,679,000 First American Title
Russell Charles E -- Chicago Title Insurance Comp
Russell Charles E -- --
C E Russell & Associates Ltd $780,000 First American Title
Cascarano James A -- --
Cascarano James A $385,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunter Peter $325,000
Previous Owner Mcnamara Baffico Paul A $475,000
Previous Owner Russell Charles E $500,000
Previous Owner C E Russell & Associates Ltd $975,000
Previous Owner Cascarano James A $327,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2023 03/22/23 Sold $1,419,500 -5.4% $435 / Sq Ft
01/14/2023 01/14/23 Pending -- -- --
11/09/2022 11/09/22 For Sale $1,500,000 -- $460 / 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 $31,754 $539,126 $104,159 $434,967
2023 $29,383 $451,802 $87,288 $364,514
2022 $29,383 $426,364 $82,373 $343,991
2021 $28,356 $422,687 $81,663 $341,024
2020 $27,741 $425,025 $82,115 $342,910
2019 $26,746 $417,223 $80,608 $336,615
2018 $23,784 $415,323 $88,305 $327,018
2017 $25,709 $408,381 $86,829 $321,552
2016 $24,774 $388,712 $82,647 $306,065
2015 $24,559 $366,019 $77,822 $288,197
2014 $20,408 $301,872 $69,869 $232,003
2012 $19,137 $304,491 $70,475 $234,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11670399

Midwest Real Estate Data (MRED)

APN: 12-21-210-018