NOT LISTED FOR SALE

524 2nd St Libertyville, IL 60048

Estimated Value: $315,000 - $360,000

3 Beds
1.5 Baths
1,416 Sq Ft
$239/Sq Ft Est. Value

Last Sold March 13, 2023

Last sale price $280,000 $198 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,346/month

1 Day on Market

Highlights

  • Farmhouse Style Home
  • Formal Dining Room
  • Enclosed Patio or Porch
  • Butterfield School Rated A-
  • 1 Car Detached Garage
  • Living Room

About This Home

As of March 2023

Walk to town in this prime location home. This home needs lots of TLC but will be beautiful when completed. High baseboards, original trim and doors, arched doorways, wood flooring and a front and back enclosed porch. Charm and character in this older home. East facing home gets lots of sunshine and light. Home is being sold AS-IS. Sought after Rockland schools.

Last Agent to Sell the Property

Lori Progar

Coldwell Banker Realty License #471009309 Listed on: 02/22/2023

Coldwell Banker Realty

Last Buyer's Agent

Mike Bodden

Chase Real Estate LLC License #475130117

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,432

Year Built

  • Built in 1910

Lot Details

  • 7,492

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Parking Space is Owned

Home Design

  • Farmhouse Style Home
  • Brick Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,416 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Enclosed Patio or Porch
  • Lot Dimensions are 50x150

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,432

Year Built

Built in 1910

Lot Details

0

Parking

1

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: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1416
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Brick/Mortar
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Gravel
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Fuses
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Street Lights
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 50X150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6432.16
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Mar 13, 2023
Sold by
Community Partners For Affordable Housin
Bought by
Lcrdc-Single Family Llc
Seller's Agent
Lori Progar
Coldwell Banker Realty
Buyer's Agent
Mike Bodden
Chase Real Estate LLC
List Price
$249,900
Sold Price
$280,000
Premium/Discount to List
$30,100
12.04%
Views
54
Current Estimated Value
$338,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,667
Avg. Annual Appreciation
7.36%

Purchase Details

Closed on
Sep 16, 2022
Sold by
Cerveny Bonnie
Bought by
Bonnie S Cerveny Living Trust and Cerveny

Purchase Details

Closed on
Dec 28, 2007
Sold by
Dietz Leslie and Estate Of Rosemary Matousek
Bought by
Cerveny Bonnie
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
Lcrdc-Single Family Llc -- None Listed On Document
Community Partners For Affordable Housing $280,000 First American Title
Bonnie S Cerveny Living Trust -- None Listed On Document
Cerveny Bonnie $140,000 Ticor Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2023 03/13/23 Sold $280,000 +12.0% $198 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $249,900 -- $176 / 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 $6,734 $93,324 $40,398 $52,926
2023 $6,676 $83,614 $37,261 $46,353
2022 $6,676 $83,468 $58,009 $25,459
2021 $6,432 $81,671 $56,760 $24,911
2020 $6,194 $80,298 $55,806 $24,492
2019 $6,039 $79,534 $55,275 $24,259
2018 $6,123 $83,306 $57,500 $25,806
2017 $6,087 $80,676 $55,685 $24,991
2016 $5,854 $76,492 $52,797 $23,695
2015 $5,818 $71,495 $49,348 $22,147
2014 $5,534 $65,310 $45,079 $20,231
2012 $5,331 $67,223 $46,399 $20,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11723546

Midwest Real Estate Data (MRED)

APN: 11-16-409-001