552 Ravine Ave Lake Bluff, IL 60044
5
Beds
5
Baths
5,927
Sq Ft
0.51
Acres
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 2020Exceptional 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
Berkshire Hathaway HomeServices Chicago License #475128651 Listed on: 02/05/2020
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
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
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
6.88%
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
Similar Homes in Lake Bluff, IL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,500,000 | Fort Dearborn Land Title | |
| Warranty Deed | $2,325,000 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,200,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $807,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $900,000 | New Conventional | |
| Previous Owner | $960,000 | New Conventional | |
| Previous Owner | $1,000,000 | New Conventional | |
| Previous Owner | $1,500,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $800,000 | Unknown |
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
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
-
Michael Smith
Seller's Agent in 2020
Michael Smith
Berkshire Hathaway HomeServices Chicago
(708) 227-4669
3 in this area
19 Total Sales
-
Alissa Morton
Buyer's Agent in 2020
Alissa Morton
Compass
(847) 363-4566
2 in this area
14 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10611142
APN: 12-21-223-040
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