NOT LISTED FOR SALE

538 E Center Ave Lake Bluff, IL 60044

Estimated Value: $1,378,554 - $1,439,000

4 Beds
3 Baths
2,590 Sq Ft
$545/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $1,195,000 $461 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,986/month

2 Days on Market

Highlights

  • Wood Flooring
  • Home Office
  • Bathroom on Main Level
  • Lake Bluff Elementary School Rated A
  • 2 Car Detached Garage
  • 4-minute walk to Ravine Park

About This Home

As of June 2023

This distinctive classic vintage home is beautifully situated just two blocks from Lake Michigan in east Lake Bluff. The rarely found oversized .29 acre property was transformed by LEED certified designer and landscape architect Kris Barker. The outdoor living space includes a fabulous front porch overlooking the boulevard of Center Avenue, a fenced backyard with a manicured grass area perfect for bocce ball, a dining space, and a fire pit area all accented by maintenance free grasses and trees handpicked by the designer. This modern vintage home just keeps getting better. The serene primary suite was created in 2015 with a private entryway, custom designed closets, and a striking new bathroom with a custom double vanity with quartzite top, slipper bathtub, and luxe shower. The open kitchen, great room, and bonus office was designed by architect Celeste Robbins in 2012, whose work has been featured in architectural digest. Many additional improvements throughout the home include designer paint, high end light fixtures, bathroom updates, new roof in 2018, rebuilt chimney and installed gas blower fireplace with marble surround and custom mantle, and so much more. The following vintage detailing beautifully complements the improvements made to the home: 10 foot ceilings on the first floor, fine millwork, tall windows, and quarter sawn oak hardwood flooring throughout. One would be hard pressed to find a light filled modern day vintage home with magazine worthy contemporary design updates at this value.

Last Agent to Sell the Property

Dawn McKenna

Coldwell Banker Realty License #475122904 Listed on: 03/25/2023

Coldwell Banker Realty

Last Buyer's Agent

Rachel Krueger

Jameson Sotheby's Intl Realty License #475144853

Jameson Sotheby's Intl Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,263

Year Built

  • Built in 1902 | Remodeled in 2016

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 96x125

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Aluminum Siding

Interior Spaces

  • 2,590 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 10 feet or more
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement
  • Pull Down Stairs to Attic

Kitchen

  • Range
  • High End Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Lake Bluff Elementary School
  • Lake Bluff Middle School
  • Lake Forest High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,263

Year Built

Built in 1902 | Remodeled in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1902
  • 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): Yes
  • Rehab Year: 2016
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Laundry, First Floor Full Bath, Ceiling - 10 Foot
  • LivingArea: 2590
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Pull Down Stair
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lake Bluff Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Lake Bluff Middle School

Lot Info

  • Lot Size Acres: 0.2898
  • Lot Dimensions: 96X125
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 17263
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2024
Sold by
Funk Thomas and Funk Anne
Bought by
Funk Declaration Of Trust and Funk
Current Estimated Value
$1,410,639

Purchase Details

Listed on
Oct 8, 2014
Closed on
Jul 30, 2015
Sold by
Burkoth Timothy S and Ren Yayu
Bought by
Tilot Ryan and Tilot Lauren
Seller's Agent
Jean Royster
Coldwell Banker Realty
Buyer's Agent
Jean Royster
Coldwell Banker Realty
List Price
$829,000
Sold Price
$790,000
Premium/Discount to List
-$39,000
-4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Original Mortgage
$711,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2011
Sold by
Kreitzer Michael H and Michael H Kreitzer Trust
Bought by
Burkoth Timothy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,500
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 15, 2006
Sold by
Kreitzer Michael H and Kreitzer Martha Ann
Bought by
Kreitzer Michael H and Kreitzer Martha A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Funk Declaration Of Trust -- None Listed On Document
Funk Declaration Of Trust -- None Listed On Document
Tilot Ryan $790,000 Stewart Title
Burkoth Timothy S $805,000 None Available
Kreitzer Michael H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tilot Ryan $711,000
Previous Owner Burkoth Timothy S $563,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2023 06/29/23 Sold $1,195,000 0.0% $461 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/25/2023 03/25/23 For Sale $1,195,000 +51.3% $461 / Sq Ft
08/14/2015 08/14/15 Sold $790,000 -4.7% $305 / Sq Ft View Prior Sale
06/30/2015 06/30/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $829,000 0.0% $320 / Sq Ft
04/24/2015 04/24/15 Pending -- -- --
04/14/2015 04/14/15 Price Changed $829,000 -7.6% $320 / Sq Ft
03/25/2015 03/25/15 Price Changed $897,000 -7.8% $346 / Sq Ft
11/17/2014 11/17/14 Price Changed $973,000 -4.5% $376 / Sq Ft
10/08/2014 10/08/14 For Sale $1,019,000 -- $393 / 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 $19,404 $327,319 $174,551 $152,768
2023 $17,888 $274,302 $146,278 $128,024
2022 $17,888 $258,859 $138,043 $120,816
2021 $17,263 $256,626 $136,852 $119,774
2020 $16,888 $258,045 $137,609 $120,436
2019 $16,283 $253,308 $135,083 $118,225
2018 $16,615 $265,081 $150,798 $114,283
2017 $16,598 $260,650 $148,277 $112,373
2016 $15,879 $248,097 $141,136 $106,961
2015 $15,984 $233,613 $132,896 $100,717
2014 $16,073 $232,088 $119,313 $112,775
2012 $15,055 $234,101 $120,348 $113,753
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11745339

Midwest Real Estate Data (MRED)

APN: 12-21-214-019