NOT LISTED FOR SALE

521 Lange Ct Libertyville, IL 60048

Estimated Value: $1,543,000 - $1,927,000

5 Beds
5.5 Baths
5,900 Sq Ft
$298/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $1,460,000 $247 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $11,875/month

85 Days on Market

Highlights

  • Home Theater
  • Loft
  • Mud Room
  • Butterfield School Rated A-
  • 2 Fireplaces
  • Workshop

About This Home

As of March 2022

This outstanding one of a kind custom designed home, situated on the most sought after street, offers the utmost in luxury and sophistication. The open and expansive layout is fulfills modern expectations with ample natural light generated by walls of windows. The 1st floor boasts a home office with a coffered ceiling. Enjoy formal dining in the beautiful appointed dining room with custom moldings, wainscot, and a coffered ceiling. A chef's dream, a designer kitchen with a wolf stove, sub zero refrigerator, granite counters and designer back splash. The large eating area boasts sliding doors that completely open to the patio. Retire to the family room with a handsome bar station, fireplace and sliders opening to a brick patio inclusive of a fire pit. Retreat to master suite hosting a media center, a sitting area, and a balcony with lake views beckoning private moments. The fabulous spa bath is all inclusive with a large shower with body sprays, a free standing spa tub and ample vanities. The walk in closet is fully furnished with selves and cabinets. Two additional ensuites on 2nd floor each with full bathrooms and walk in closets. The 3rd floor is a families dream for children + parents a like. Two bedrooms with an adjoining loft/game area, and a Hollywood bath. The open flow Lower Level hosts a beautiful full service bar, Stone wine cellar, media/fam room, game room, multi purpose room (dance ,recording studio),and a full bath. The yard is professionally landscaped with a brick patio and fire pit. A perfect place to enjoy summer eves. A true oasis in the heart of Libertyville.

Last Agent to Sell the Property

Sheila Brooks

@properties Christie's International Real Estate License #475122080 Listed on: 11/15/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Anne Jacobs

Baird & Warner License #475172200

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,814

Year Built

  • Built in 2012

Lot Details

  • 10,816 Sq Ft Lot
  • Lot Dimensions are 59x182x59x185
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Cedar

Interior Spaces

  • 5,900 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Mud Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Library
  • Loft
  • Game Room
  • Workshop
  • Utility Room with Study Area
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms

Finished Basement

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

Schools

  • Butterfield Elementary School
  • Highland Middle School
  • Libertyville High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,814

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 2012
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplaces: 2
  • LivingArea: 5900
  • Room Type: Library, Loft, Game Room, Media Room, Mud Room, Workshop, Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Asphalt,Brick
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Type: Island,Pantry-Butler

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air, Zoned
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Butterfield School
  • High School: Libertyville High School
  • Middle/Junior School: Highland Middle School

Lot Info

  • Lot Size Acres: 0.2483
  • Lot Dimensions: 59X182X59X185
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 27814.04
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Mar 28, 2022
Sold by
Peterson and Stacey
Bought by
Simmons Eric M and Simone Toni S
Seller's Agent
Sheila Brooks
@properties Christie's International Real Estate
Buyer's Agent
Anne Jacobs
Baird & Warner
Sold Price
$1,460,000
Current Estimated Value
$1,756,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,871
Avg. Annual Appreciation
5.29%
Original Mortgage
$700,000
Outstanding Balance
$646,178
Interest Rate
2.75%
Mortgage Type
Balloon
Estimated Equity
$1,110,693

Purchase Details

Closed on
Oct 19, 2005
Sold by
Wayne Hummer Trust Co Na
Bought by
Lazzaretto Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2003
Sold by
Fox Lynda and Reed Penny
Bought by
Bank Of Waukegan and Trust #204283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
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
Simmons Eric M $1,460,000 Smythe & Lee
Lazzaretto Nick -- Ct
Bank Of Waukegan $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Eric M $700,000
Previous Owner Lazzaretto Nick $221,000
Previous Owner Bank Of Waukegan $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2022 03/28/22 Sold $1,460,000 -2.6% $247 / Sq Ft
02/10/2022 02/10/22 For Sale -- -- --
02/09/2022 02/09/22 Pending -- -- --
11/15/2021 11/15/21 For Sale $1,499,000 -- $254 / 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 $31,610 $434,217 $115,605 $318,612
2023 $30,474 $400,495 $106,627 $293,868
2022 $30,474 $381,031 $102,487 $278,544
2021 $29,363 $372,829 $100,281 $272,548
2020 $27,814 $366,561 $98,595 $267,966
2019 $27,120 $363,075 $97,657 $265,418
2018 $29,161 $402,847 $101,674 $301,173
2017 $28,766 $390,129 $98,464 $291,665
2016 $27,849 $369,895 $93,357 $276,538
2015 $27,644 $345,729 $87,258 $258,471
2014 $25,445 $324,847 $81,988 $242,859
2012 -- $315,063 $79,518 $235,545
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11270584

Midwest Real Estate Data (MRED)

APN: 11-16-304-053