NOT LISTED FOR SALE

525 Lange Ct Libertyville, IL 60048

Estimated Value: $1,713,000 - $1,862,000

5 Beds
5.5 Baths
5,058 Sq Ft
$351/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $1,475,000 $292 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $12,273/month

47 Days on Market

Highlights

  • Spa
  • Landscaped Professionally
  • Community Lake
  • Butterfield School Rated A-
  • Mature Trees
  • Fireplace in Primary Bedroom

About This Home

As of July 2023

LOCATION, LOCATION, LOCATION!!! Luxury living in the heart of Libertyville's sought after Heritage District, this is your home! Unparalleled move-in ready Lazzaretto custom home with no detail overlooked. Upon entry off of the welcoming front porch, you will notice oak floors, custom moldings and built-ins that hint at the quality and features throughout. Plenty of natural light guides your way past the gorgeous music room, formal dining room and cozy office into the stunning family room with gas log stone fireplace and built-in bookcases. The updated gourmet kitchen, with adjoining butler's pantry and walk-in pantry, boasts new natural stone quartzite countertops, tile backsplash, and six burner gas range. Watch beautiful sunsets over Butler Lake from the 4 season sunroom. Make your way up the stunning central staircase, where you will find an impressive primary bedroom suite complete with a sitting area, gas log fireplace, a spa-like en suite bath with a jetted tub and walk-in shower with body sprayers, and an enormous walk-in closet. Also on the second floor, there are 3 additional bedrooms, 2 bathrooms, and a huge laundry room that makes the chore a breeze. On the third floor, discover a 5th bedroom, full bath, rec/office area with cabinets and fridge, and large attic space. The finished lower level is an entertainer's dream with a custom wet bar featuring an ice maker, wine fridge and full size fridge, gas log fireplace, full bath, home gym, and storage galore. This home is complete with a detached 3 car (tandem) garage, built-in speaker system, security cameras, irrigation, fresh paint throughout, and so much more! What really sets it apart are the views and location. Enjoy your morning coffee on the large rear balcony overlooking the lake and deep backyard with paver patio, hot tub and built-in brick fireplace. Walk to town, train, schools, parks, and more! Don't miss this one-of-a-kind gem!

Last Agent to Sell the Property

Jim McLaughlin

Coldwell Banker Realty License #471008774 Listed on: 05/01/2023

Coldwell Banker Realty

Last Buyer's Agent

Cory Green

Compass License #475157727

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,711

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 59x183
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Mature Trees
  • Additional Parcels

Parking

  • 3.5 Car Detached Garage
  • Garage Transmitter
  • Tandem Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Victorian Architecture

Interior Spaces

  • 5,058 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • Historic or Period Millwork
  • Coffered Ceiling
  • Ceiling Fan
  • Blinds
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Heated Sun or Florida Room
  • Lower Floor Utility Room
  • Storage Room
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Sink Near Laundry
  • Gas Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Spa
  • Balcony
  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Grill
  • Brick Porch or Patio

Location

  • Property is near a park

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Heating System Uses Natural Gas
  • Multiple Water Heaters
  • Water Softener is Owned

Community Details

  • Heritage Subdivision, Custom Floorplan
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,711

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional, Victorian
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Subdivision Name: Heritage
  • Year Built: 2004
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction 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: 4
  • Interior Amenities: Bar-Wet, Hardwood Floors, Second Floor Laundry, Built-in Features, Walk-In Closet(s), Coffered Ceiling(s), Special Millwork, Drapes/Blinds, Granite Counters
  • LivingArea: 5058
  • Other Equipment: Humidifier, Water-Softener Owned, CO Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters
  • Room Type: Bedroom 5, Office, Bonus Room, Recreation Room, Heated Sun Room, Utility Room-Lower Level, Storage, Pantry
  • Estimated Total Finished Sq Ft: 7057
  • Basement Description: Finished,Rec/Family Area,Storage Space
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Master Bedroom,Basement,Exterior
  • Total Sq Ft: 7057
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Porch, Hot Tub, Brick Paver Patio, Storms/Screens, Outdoor Grill, Fire Pit
  • Lot Features: Landscaped, Mature Trees
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 3.5
  • Number of Cars: 3.5
  • Garage Details: Garage Door Opener(s),Transmitter(s),Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, 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

  • Additional Parcels: Yes
  • Lot Dimensions: 59X183
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 36710.84
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Jul 11, 2023
Sold by
Argo Trust
Bought by
Ryan D Dietz Trust and Kristin S Dietz Trust
Seller's Agent
Jim McLaughlin
Coldwell Banker Realty
Buyer's Agent
Cory Green
Compass
List Price
$1,600,000
Sold Price
$1,475,000
Premium/Discount to List
-$125,000
-7.81%
Views
107
Current Estimated Value
$1,777,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,515
Avg. Annual Appreciation
8.57%

Purchase Details

Closed on
Feb 2, 2023
Sold by
Swearingin Wesley T and Swearingin Erin C
Bought by
Argo Trust

Purchase Details

Listed on
Feb 9, 2021
Closed on
Apr 26, 2021
Sold by
Rudolphi Timothy and Rudolphi Susan
Bought by
Swearingin Wesley T and Swearingin Erin C
Seller's Agent
Kim Sanders
@properties Christie's International Real Estate
Buyer's Agent
Jim McLaughlin
Coldwell Banker Realty
List Price
$1,425,000
Sold Price
$1,345,750
Premium/Discount to List
-$79,250
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$750,000
Interest Rate
2.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2003
Sold by
Bank Of Waukegan
Bought by
Wayne Hummer Trust Co Na and Trust #Lft-1837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2003
Sold by
Bank Of Waukegan
Bought by
Rudolphi Timothy and Rudolphi Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

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
Ryan D Dietz Trust $1,475,000 First American Title
Argo Trust -- --
Swearingin Wesley T $1,346,000 Attorneys Ttl Guaranty Fund
Wayne Hummer Trust Co Na -- --
Rudolphi Timothy $290,000 First American Title
Bank Of Waukegan $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swearingin Wesley T $750,000
Previous Owner Rudolphi Timothy $880,000
Previous Owner Bank Of Waukegan $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2023 07/21/23 Sold $1,475,000 0.0% $292 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
05/18/2023 05/18/23 Price Changed $1,475,000 -7.8% $292 / Sq Ft
05/01/2023 05/01/23 For Sale $1,600,000 +18.9% $316 / Sq Ft
05/03/2021 05/03/21 Sold $1,345,750 -5.6% $266 / Sq Ft View Prior Sale
03/04/2021 03/04/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $1,425,000 -- $282 / 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 $35,070 $480,806 $105,096 $375,710
2023 $36,620 $443,466 $96,934 $346,532
2022 $36,620 $463,882 $93,170 $370,712
2021 $35,275 $453,896 $91,164 $362,732
2020 $33,963 $446,265 $89,631 $356,634
2019 $33,115 $442,022 $88,779 $353,243
2018 $32,609 $468,546 $92,430 $376,116
2017 $33,531 $453,754 $89,512 $364,242
2016 $32,465 $430,221 $84,870 $345,351
2015 $32,016 $402,113 $79,325 $322,788
2014 $29,458 $377,825 $74,533 $303,292
2012 $28,128 $366,446 $72,289 $294,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11764913

Midwest Real Estate Data (MRED)

APN: 11-16-304-005