NOT LISTED FOR SALE

551 E Prospect Ave Lake Bluff, IL 60044

Estimated Value: $1,006,514 - $1,398,000

4 Beds
3.5 Baths
2,660 Sq Ft
$463/Sq Ft Est. Value

Sale Details

Date Sold: April 6, 2022

Last sale price $835,000 $314 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,985 / mo

151 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Vaulted Ceiling
  • Lake Bluff Elementary School Rated A
  • Family Room with Fireplace
  • 3-minute walk to Ravine Park

About This Home

As of April 2022

Do not miss this impeccably maintained home which resides on large lot, steps from Lake Bluff waterfront and town.

Last Agent to Sell the Property

Susan Amory Weninger

@properties Christie's International Real Estate License #475145156 Listed on: 10/04/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Rebecca Solano

Fathom Realty IL License #475185645

Fathom Realty IL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,785

Year Built

  • Built in 1925

Lot Details

  • 10,677 Sq Ft Lot
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,660 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Formal Dining Room
  • Den
  • Library with Fireplace
  • Wood Flooring
  • Partially Finished Basement
  • Partial Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio

Schools

  • Lake Forest High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,785

Year Built

Built in 1925

Lot Details

10,677 Sq Ft Lot

Parking

1

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: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Built-in Features, Walk-In Closet(s)
  • LivingArea: 2660
  • Room Type: Den
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Den/Library
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • Lot Features: Fenced Yard, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Lake Forest High School

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.2451
  • Lot Dimensions: 0.24
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 17785.24
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Mar 31, 2022
Sold by
Bought by
Seller's Agent
Susan Amory Weninger
@properties Christie's International Real Estate
Buyer's Agent
Rebecca Solano
Fathom Realty IL
List Price
$815,000
Sold Price
$835,000
Premium/Discount to List
$20,000
2.45%
Current Estimated Value
$1,232,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,879
Avg. Annual Appreciation
9.63%
Original Mortgage
$626,250
Outstanding Balance
$587,205
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$645,674
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$835,000 Proper Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $626,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/06/2022 04/06/22 Sold $835,000 +2.5% $314 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
10/04/2021 10/04/21 For Sale $815,000 -- $306 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $15,904 $251,839 $27,444 $224,395
2024 $14,111 $231,089 $25,183 $205,906
2023 $12,928 $193,659 $21,104 $172,555
2022 $12,928 $182,756 $19,916 $162,840
2021 $12,479 $181,180 $19,744 $161,436
2020 $11,805 $182,182 $19,853 $162,329
2019 $11,381 $178,838 $19,489 $159,349
2018 $11,158 $172,805 $21,383 $151,422
2017 $11,527 $184,174 $24,696 $159,478
2016 $11,105 $175,304 $23,507 $151,797
2015 $11,004 $165,070 $22,135 $142,935
2014 $11,523 $172,331 $19,873 $152,458
2012 $10,814 $173,826 $20,045 $153,781
Source: Public Records

Agents Affiliated with this Home

  • R

    Buyer's Agent in 2022

    Rebecca Solano

    Fathom Realty IL

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11237538

Midwest Real Estate Data (MRED)

APN: 12-21-223-015

Illinois Lake County Lake Bluff 60044

551 E Prospect Ave, Lake Bluff, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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