NOT LISTED FOR SALE

530 E Prospect Ave Lake Bluff, IL 60044

Estimated Value: $1,164,000 - $1,252,244

4 Beds
2.5 Baths
2,856 Sq Ft
$417/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $925,000 $324 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $8,125/month

54 Days on Market

Highlights

  • Community Lake
  • Property is near a park
  • Recreation Room
  • Lake Bluff Elementary School Rated A
  • Family Room with Fireplace
  • 3-minute walk to Ravine Park

About This Home

As of September 2022

Just one block from Lake Michigan and Lake Bluff beach (Sunrise Park) this 4 bedroom home has charm and grace with a superior location. This elegant, traditional home has been well cared for with new roof (2018), new boiler (2019), freshly painted interior (2022) and exterior (2021), kitchen updates and other exterior/landscape improvements (2022). The home boasts hardwood or stone floors throughout. The first floor has a large foyer with a traditional formal living room, fireplace, and plantation shutters, large screened in porch, very large dining room, kitchen with some newer appliances, eat in area and breakfast bar. Kitchen opens to a family room with volume ceilings, radiant heat floors, wall of windows and fireplace. One powder room is located on the first floor. The second floor has four generously sized bedrooms with large closets. The primary suite drenched in natural light has a large soaking tub, shower and dual sinks with multiple closets. One additional bathroom is on this level. The basement has a recreation room, storage, and laundry. Fully fenced-in yard with a new large brick patio to enjoy outdoor entertaining! Just a five minute walk to the downtown and train, this home is in a perfect location to enjoy all facets of Lake Bluff.

Last Agent to Sell the Property

Kim Campbell

@properties Christie's International Real Estate License #471022204 Listed on: 06/27/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Paula Johnson

Compass License #475124286

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,397

Year Built

  • Built in 1924 | Remodeled in 1991

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 62x124
  • Paved or Partially Paved Lot

Parking

  • 1.5 Car Detached Garage
  • Garage Door Opener
  • Brick Driveway
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2,856 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Screened Porch
  • Storage Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Gas Cooktop
  • Down Draft Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Pergola

Location

  • Property is near a park

Schools

  • Lake Forest High School

Utilities

  • Central Air
  • Radiant Heating System
  • 200+ Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Community Lake

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,397

Year Built

Built in 1924 | Remodeled in 1991

Lot Details

0

Parking

1

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
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1991
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1991

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Down Draft, Gas Cooktop
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors
  • LivingArea: 2856
  • Room Type: Breakfast Room, Recreation Room, Foyer, Storage, Screened Porch
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2795
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • Bathroom: Full,Double Sink,Tub & Separate Shwr
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Patio, Porch, Porch Screened, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 899000
  • OtherStructures: Pergola
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 1.5
  • Number of Cars: 1.5
  • Driveway: Brick
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Type: Eating Area-Breakfast Bar,Galley,Breakfast Room

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Radiant
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Lake Forest High School
  • Middle/Junior School District: 65

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 62X124
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 17397.46
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Sep 18, 2022
Sold by
Steve Lacey
Bought by
Getz Daniel and Getz Margaret
Seller's Agent
Kim Campbell
@properties Christie's International Real Estate
Buyer's Agent
Paula Johnson
Compass
List Price
$950,000
Sold Price
$925,000
Premium/Discount to List
-$25,000
-2.63%
Views
30
Current Estimated Value
$1,192,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,061
Avg. Annual Appreciation
9.46%
Original Mortgage
$680,000
Outstanding Balance
$656,067
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$546,119

Purchase Details

Closed on
Nov 8, 2005
Sold by
Mulligan Michael A and Mulligan Sara G
Bought by
Lacey Steve and Lacey Kristan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,750
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2003
Sold by
Callahan James V and Callahan Kendra
Bought by
Mulligan Michael A and Mulligan Sara G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1999
Sold by
Meadows Gayle M
Bought by
Callahan James V and Callahan Kendra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
7.28%
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
Getz Daniel $925,000 --
Lacey Steve $892,500 Attorneys Title Guaranty Fun
Mulligan Michael A $740,000 --
Callahan James V $595,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Getz Daniel $680,000
Previous Owner Lacey Steve $634,400
Previous Owner Lacey Steve $185,104
Previous Owner Lacey Steve $624,750
Previous Owner Mulligan Michael A $592,000
Previous Owner Mulligan Michael A $592,000
Previous Owner Callahan James $510,000
Previous Owner Callahan James V $476,000
Closed Mulligan Michael A $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $925,000 +2.9% $324 / Sq Ft
08/21/2022 08/21/22 Pending -- -- --
08/04/2022 08/04/22 Price Changed $899,000 -2.8% $315 / Sq Ft
07/24/2022 07/24/22 Price Changed $925,000 -2.6% $324 / Sq Ft
06/27/2022 06/27/22 For Sale $950,000 -- $333 / 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 $19,556 $329,816 $135,280 $194,536
2023 $18,027 $276,394 $113,368 $163,026
2022 $18,027 $260,834 $106,986 $153,848
2021 $17,397 $258,584 $106,063 $152,521
2020 $17,020 $260,015 $106,650 $153,365
2019 $16,410 $255,242 $104,692 $150,550
2018 $17,213 $274,402 $115,599 $158,803
2017 $17,068 $269,815 $113,667 $156,148
2016 $16,451 $256,819 $108,192 $148,627
2015 $16,314 $241,826 $101,876 $139,950
2014 $14,868 $220,629 $91,465 $129,164
2012 $13,946 $222,542 $92,258 $130,284
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11437421

Midwest Real Estate Data (MRED)

APN: 12-21-219-012