$675,000
SOLD APR 1, 2020

531 E Scranton Ave Lake Bluff, IL 60044

4 Beds
3 Baths
2,497 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$270 Per Sq Ft

4% Below List Price

282 Days on Market

Highlights

  • Water Views
  • Colonial Architecture
  • Recreation Room
  • Lake Bluff Elementary School Rated A
  • Landscaped Professionally
  • 5-minute walk to Ravine Park

About This Home

As of April 2020

Updated quintessential Lake Bluff Beach House situated just 1.5 blocks (or 10 houses) from beach! Loaded w/ character & charm this home features amazing Great room with tall ceilings, built-in's & awesome fireplace giving off a moody feel. It is rumored that Al Capone hung out in this "Ballroom" during the prohibition years. Beautiful Living and Dining room with lovely built-ins just beam w/ natural sunlight! White kitchen showcases subway back splash, window to the backyard & eat-in table space too! Over the top Sun room/Greenhouse offers that extra "get-away" space to relax in or get an early start to your garden! Four generously proportioned bedrooms all with hardwood flooring and two full, beautifully updated white baths on the second floor! Nicely finished lower level complete with bath too! One of LB's largest lots is south facing w/ stone paver patio and walkway! Neutral decor and stunning new light fixtures throughout! Available for rent @ $4500/month with a long term lease.

Last Agent to Sell the Property

Tracy Wurster

Compass License #475132103 Listed on: 01/19/2020

Compass

Last Buyer's Agent

Megan Zarling

@properties Christie's International Real Estate License #475128690

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,923

Year Built

  • 1925

Lot Details

  • Fenced Yard
  • Landscaped Professionally

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Great Room
  • Recreation Room
  • Sun or Florida Room
  • Wood Flooring
  • Water Views
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • <<doubleOvenToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Dual Sinks
  • Soaking Tub

Partially Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Brick Porch or Patio

Utilities

  • SpacePak Central Air
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,923

Year Built

1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 2497
  • Unfinished Basement Sq Ft: 424
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1925
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 3421
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors
  • Number Of Rooms: 10
  • Living Room: Dimensions: 17X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Disposal
  • Fireplace Details: Wood Burning, Gas Logs
  • Fireplace Location: Family Room, Living Room
  • Basement: Partial
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Bathroom Amenities: Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 18X9, On Level: Basement
  • Dining Room: Dimensions: 14X7, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Great Room, Recreation Room, Sun/Florida Room
  • Master Bedroom: Dimensions: 17X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Great Rm, Dimensions: 29X18, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 2 Name: Sunroom, Dimensions: 14X13, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 17X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Recreation Rm, Dimensions: 20X17, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 10X10, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 2497
  • Estimated Total Finished Sq Ft: 2997
  • Basement Sq Ft: 924
  • Basement Finished Sq Ft: 500
  • Main Level Sq Ft: 2497
  • Dining Room Type: Separate
  • Family Room: Dimensions: 22X12, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Brick Paver Patio, Storms/Screens
  • Acreage: 0.2152

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Space Pac
  • Water: Lake Michigan
  • Sewer: Sewer-Public

Schools

  • School District: 115
  • Elementary School: Lake Bluff Elementary School
  • Middle School: Lake Bluff Middle School
  • High School: Lake Forest High School
  • Junior High Dist: 65

Lot Info

  • Lot Dimensions: 75 X 125
  • Lot Description: Fenced Yard, Landscaped Professionally, Water View
  • Parcel Identification Number: 12212140060000

Tax Info

  • Taxes: 14935.70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2020
Closed on
Mar 25, 2020
Sold by
Reidy Daniel P and Duda Sherry J
Bought by
Hrusovsky Anthony and Nicastro Kelly Y
Seller's Agent
Tracy Wurster
Compass
Buyer's Agent
Megan Zarling
@properties Christie's International Real Estate
List Price
$699,900
Sold Price
$675,000
Premium/Discount to List
-$24,900
-3.56%
Current Estimated Value
$1,167,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,075
Avg. Annual Appreciation
10.05%
Original Mortgage
$225,000
Outstanding Balance
$201,043
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$919,085

Purchase Details

Listed on
Nov 4, 2013
Closed on
Dec 20, 2013
Sold by
Allen David P and Allen Stephanie C
Bought by
Reidy Daniel P and Duda Sherry J
Seller's Agent
Nancy Touhy Statza
Griffith, Grant & Lackie
Buyer's Agent
Diane Reidy
@properties Christie's International Real Estate
List Price
$815,000
Sold Price
$746,500
Premium/Discount to List
-$68,500
-8.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.59%
Original Mortgage
$597,200
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 23, 2004
Sold by
Wittman Scott C and Wittman Dana L
Bought by
Allen David P and Allen Stephanie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,250
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1999
Sold by
How Philip H and How Gayle L
Bought by
Wittman Scott C and Wittman Dana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.12%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $675,000 Attorney
Warranty Deed $746,500 None Available
Warranty Deed $880,000 St
Warranty Deed $580,000 Burnet Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 New Conventional
Previous Owner $586,000 Adjustable Rate Mortgage/ARM
Previous Owner $14,000 Credit Line Revolving
Previous Owner $597,200 Adjustable Rate Mortgage/ARM
Previous Owner $100,000 Credit Line Revolving
Previous Owner $284,000 New Conventional
Previous Owner $286,000 Unknown
Previous Owner $284,000 Unknown
Previous Owner $284,250 Purchase Money Mortgage
Previous Owner $250,000 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Previous Owner $80,000 Stand Alone Second
Previous Owner $350,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2020 04/01/20 Sold $675,000 0.0% $270 / Sq Ft
08/01/2019 08/01/19 Rented $3,900 -13.3% --
07/13/2019 07/13/19 For Rent $4,500 0.0% --
04/18/2019 04/18/19 For Sale $699,900 -6.2% $280 / Sq Ft
12/20/2013 12/20/13 Sold $746,500 -8.4% $299 / Sq Ft
11/14/2013 11/14/13 Pending -- -- --
11/04/2013 11/04/13 For Sale $815,000 -- $326 / 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 $16,923 $312,899 $149,816 $163,083
2023 $15,541 $262,218 $125,550 $136,668
2022 $15,541 $247,454 $118,481 $128,973
2021 $14,998 $223,740 $117,459 $106,281
2020 $14,672 $224,978 $118,109 $106,869
2019 $16,251 $252,822 $115,941 $136,881
2018 $8,082 $236,938 $128,440 $108,498
2017 $17,003 $268,814 $126,293 $142,521
2016 $16,389 $255,867 $120,210 $135,657
2015 $16,252 $240,929 $113,192 $127,737
2014 $16,043 $237,601 $101,622 $135,979
2012 $15,048 $239,663 $102,504 $137,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10683122

Midwest Real Estate Data (MRED)

APN: 12-21-214-006