NOT LISTED FOR SALE

552 Ravine Ave Lake Bluff, IL 60044

Estimated Value: $1,948,000 - $2,371,000

5 Beds
5 Baths
5,927 Sq Ft
$356/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $1,500,000 $253 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $14,546/month

238 Days on Market

Highlights

  • Recreation Room
  • Vaulted Ceiling
  • Steam Shower
  • Lake Bluff Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Ravine Park

About This Home

As of November 2020

Exceptional and distinctively designed, this meticulously maintained Ted Brown built home is located on one of Lake Bluff's most private and desirable streets. The home has remarkable ravine views and is located just one and a half blocks from Lake Michigan, Lake Bluff Beach and Sunset Park. This Arts & Crafts design home was built in 1998 with a distinctive open floor plan that includes very spacious rooms, high ceilings, high quality materials and marvelous detailed features. Maple hardwood floors run throughout the main floor and upstairs landing. A wonderful gourmet kitchen with separate cook island overlooks the exceptionally large, fenced back yard with a private blue stone patio, perfect for outdoor entertaining and grilling. The open family room is accented with a vaulted architectural ceiling, center wall fireplace and patio access. The master suite includes access to a balcony overlooking the back yard, fireplace, plantation shutters, and large bathroom suite. A Jack and Jill bathroom connects the 2nd and 3rd bedrooms; the 4th bedroom has a private bathroom. Other notable features include a full finished basement with a 5th bedroom, that is currently being utilized as an exercise room, a full bathroom with a walk-in steam shower, an enormous game and recreation room, and plenty of additional room for storage. There is a screened in porch with access to the large professionally designed and landscaped fenced back yard. Mudroom access to an attached extra deep 3 car garage. Only a one and a half block walk to Sunset Park, Lake Bluff Beach and the waves of Lake Michigan, Lake Bluff has been named one of the Top 10 Seaside Towns in America!

Last Agent to Sell the Property

Michael Smith

Berkshire Hathaway HomeServices Chicago License #475128651 Listed on: 02/05/2020

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Alissa Morton

Compass License #475189654

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,098

Year Built

  • 1998

Lot Details

  • Southern Exposure

Parking

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

Home Design

  • Slab Foundation
  • Wood Shingle Roof
  • Stucco Exterior
  • Cedar

Interior Spaces

  • Built-In Features
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Mud Room
  • Sitting Room
  • Dining Area
  • Home Office
  • Recreation Room
  • Game Room
  • Screened Porch
  • Wood Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Cooktop with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Balcony
  • Patio

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $25,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,098

Year Built

1998

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 21-25 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.1
  • Total Sq Ft: 4096
  • Type Detached: 2 Stories
  • Estimated Year Built: 1998
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 5927
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 14
  • Living Room: Dimensions: 19X18, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Wine Cooler/Refrigerator, Cooktop, Range Hood
  • Fireplace Details: Wood Burning, Gas Logs, Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Family Room, Living Room, Master Bedroom
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Steam Shower
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X8, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Dining Room: Dimensions: 15X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Butler, Pantry-Walk-in
  • Additional Rooms: Eating Area, Office, 5th Bedroom, Game Room, Sitting Room, Recreation Room, Mud Room, Screened Porch
  • Master Bedroom: Dimensions: 20X15, On Level: 2nd Level, Flooring: Carpet, Windows: Plantation Shutters
  • Additional Room 1 Name: Eating Area, Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 2 Name: Office, Dimensions: 16X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 3 Name: 5th Bdrm, Dimensions: 14X13, On Level: Basement, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 4 Name: Game Rm, Dimensions: 19X12, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 4: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 5 Name: Sitting, Dimensions: 7X7, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 6 Name: Recreation Rm, Dimensions: 32X17, On Level: Basement, Flooring: Carpet, Windows: Blinds
  • Additional Room 7 Name: Mud, Dimensions: 13X9, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Additional Room 8 Name: Screened Porch, Dimensions: 13X12, On Level: Main Level, Flooring: Other, Windows: None
  • Estimated Sq Ft: 5927
  • Estimated Total Finished Sq Ft: 5927
  • Basement Sq Ft: 1831
  • Basement Finished Sq Ft: 1831
  • Lower Level Sq Ft: 4096
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X16, On Level: Main Level, Flooring: Hardwood, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Cedar, Stucco
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Balcony, Patio, Porch Screened, Storms/Screens
  • Exposure: S (South)
  • Acreage: 0.5147

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Zoned

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: 78 X 251 X 91 X 258
  • Parcel Identification Number: 12212230400000

Tax Info

  • Taxes: 36787.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
Nov 9, 2020
Sold by
Lawrence William T and Lawrence Lee M
Bought by
Asta Jon and Asta Brittany
Seller's Agent
Michael Smith
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Alissa Morton
Compass
List Price
$1,799,000
Sold Price
$1,500,000
Premium/Discount to List
-$299,000
-16.62%
Current Estimated Value
$2,092,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$592,001
Avg. Annual Appreciation
6.82%
Original Mortgage
$1,200,000
Outstanding Balance
$1,078,789
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$973,591

Purchase Details

Closed on
Oct 14, 2005
Sold by
Ogborn Stephen B and Ogborn Pamela L
Bought by
Lawrence William T and Lawrence Lee M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Asta Jon $1,500,000 Fort Dearborn Land Title
Lawrence William T $2,325,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asta Jon $1,200,000
Previous Owner Lawrence William T $100,000
Previous Owner Lawrence William T $807,000
Previous Owner Lawrence William T $900,000
Previous Owner Lawrence William T $960,000
Previous Owner Lawrence William T $1,000,000
Previous Owner Lawrence William T $1,500,000
Previous Owner Ogborn Stephen B $500,000
Previous Owner Ogborn Stephen B $200,000
Previous Owner Ogborn Stephen B $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $1,500,000 -11.7% $253 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
06/19/2020 06/19/20 Price Changed $1,699,000 -5.6% $287 / Sq Ft
02/05/2020 02/05/20 For Sale $1,799,000 -- $304 / 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 $37,098 $552,905 $184,078 $368,827
2023 $37,098 $517,139 $166,361 $350,778
2022 $34,099 $488,023 $156,994 $331,029
2021 $32,911 $483,814 $155,640 $328,174
2020 $36,602 $552,286 $156,501 $395,785
2019 $35,293 $542,148 $153,628 $388,520
2018 $19,076 $557,359 $170,613 $386,746
2017 $35,068 $548,042 $167,761 $380,281
2016 $33,822 $521,647 $159,681 $361,966
2015 $33,564 $491,193 $150,359 $340,834
2014 $30,813 $450,864 $134,992 $315,872
2012 $28,881 $454,775 $136,163 $318,612
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10611142

Midwest Real Estate Data (MRED)

APN: 12-21-223-040