NOT LISTED FOR SALE

550 Smith Ave Lake Bluff, IL 60044

Estimated Value: $399,000 - $574,000

3 Beds
1.5 Baths
2,210 Sq Ft
$205/Sq Ft Est. Value

Last Sold September 20, 2022

Last sale price $310,000 $140 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,933/month

39 Days on Market

Highlights

  • Deck
  • Living Room with Fireplace
  • Enclosed Patio or Porch
  • Lake Bluff Elementary School Rated A
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of September 2022

Move right into this charming and unique all-brick home! This beautiful home is move-in ready with hardwood floors and original wood doors & millwork. It features a large and inviting living room with wood burning fireplace, formal dining room, and updated kitchen. Off the dining room is a lovely enclosed porch that can also be used as an office. There is a nice fenced in deck off the enclosed porch, perfect for outdoor entertaining! Upstairs has 3 very spacious bedrooms with lots of closet space! The primary bedroom has 2 walk-in closets and the 2 guest rooms each have a 1 walk-in closet. Full unfinished basement with plenty of storage and endless possibilities! New roof (2021), fence & deck (2020), garage door (2021), paint (2019), hot water heater (2019) refrigerator & dishwasher (2020) . Close to shopping and dining. Great Location, Great Schools, Low Taxes, Great Price!

Last Agent to Sell the Property

Cynthia Wong

Coldwell Banker Realty License #475187336 Listed on: 06/27/2022

Coldwell Banker Realty

Last Buyer's Agent

Kelly Owens Rodman

Dream Town Real Estate License #475120854

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,187

Year Built

  • Built in 1932

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 154x137x50x75

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,210 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

  • Lake Forest High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Steam
  • Well

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,187

Year Built

Built in 1932

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: 1932
  • Age: 81-90 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): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Trash Compactor
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • LivingArea: 2210
  • Room Type: Foyer, Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Steam, Radiator(s)
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Lake Forest High School

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 154X137X50X75
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 6186.64
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Sep 17, 2022
Sold by
Robert W Wolff Living Trust
Bought by
Rodman David Crosby and Rodman Kelly Owens
Seller's Agent
Cynthia Wong
Coldwell Banker Realty
Buyer's Agent
Kelly Owens Rodman
Dream Town Real Estate
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Views
31
Current Estimated Value
$452,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,554
Avg. Annual Appreciation
12.47%
Original Mortgage
$279,000
Outstanding Balance
$265,987
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$186,567

Purchase Details

Closed on
Dec 7, 2021
Sold by
Wolff Robert W and Wolff Julie
Bought by
Wolff Robert W and The Robert W Wolff Living Trus

Purchase Details

Closed on
Mar 21, 2000
Sold by
Wolff Robert W
Bought by
Wolff Robert W and Wolff Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
11.45%
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
Rodman David Crosby $310,000 First American Title
Wolff Robert W -- Attorney
Wolff Robert W -- Brokers Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodman David Crosby $279,000
Previous Owner Wolff Robert W $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2022 09/20/22 Sold $310,000 -4.6% $140 / Sq Ft
08/06/2022 08/06/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $325,000 -- $147 / 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 $6,825 $113,647 $18,191 $95,456
2023 $6,825 $104,763 $16,769 $87,994
2022 $6,320 $97,932 $15,675 $82,257
2021 $6,187 $97,088 $15,540 $81,548
2020 $6,064 $97,625 $15,626 $81,999
2019 $5,849 $95,833 $15,339 $80,494
2018 $6,369 $106,212 $16,804 $89,408
2017 $6,315 $104,436 $16,523 $87,913
2016 $6,076 $99,406 $15,727 $83,679
2015 $5,999 $93,603 $14,809 $78,794
2014 $5,144 $81,490 $19,942 $61,548
2012 $4,822 $82,197 $20,115 $62,082
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11447604

Midwest Real Estate Data (MRED)

APN: 12-18-400-023