NOT LISTED FOR SALE

580 Madison Ln Lindenhurst, IL 60046

Estimated Value: $426,000 - $479,000

5 Beds
3 Baths
2,431 Sq Ft
$184/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $350,000 $144 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,940/month

39 Days on Market

Highlights

  • Whirlpool Bathtub
  • Formal Dining Room
  • Double Pane Windows
  • Millburn Elementary School Rated A-
  • Attached Garage
  • 2-minute walk to Heritage Trails Park

About This Home

As of November 2021

Lovely customized and expanded 2-story with cedar trim and a classic covered front porch facing East. Backs to a parklike common area (no back-fence neighbors) on a cul-de-sac in sought-after Heritage Trails. Enjoy natural light, elegantly appointed finishes, fixtures, and rich gleaming hardwoods throughout the first floor, finished in 2020. On-trend colors and decor. Gourmet kitchen boasts granite counters, center island with breakfast bar, reverse osmosis water system under sink with spout, stainless steel appliances including 2020 refrigerator and microwave. Flowing floor plan includes butler pantry to dining room, large living room with cathedral ceiling, welcoming family room, expansive first-floor laundry/mud room with ceramic tile floors, sink and cabinets, large eat-in area off kitchen with sliders to brick paver patio overlooking landscaped backyard and adjacent common area. Primary bedroom boasts tray ceiling, en suite bathroom with double vanity, jet tub, separate custom tiled shower, and private commode. Four bedrooms upstairs plus a loft. Added office/5th bedroom in the finished full basement (added insulated cement crawl under the addition portion of the house) and a large workshop/storage area with built-in shelving. Family room and basement both hardwired for surround sound. Paved trail behind the house runs through the entire neighborhood and provides a short trip to McDonald Woods Nature Preserve. Less than half a mile from Oak Ridge Park (Disc Golf Course and Splash Pad). Keep your electric bills to whisper with solar panel system already installed 2020 (assume the lease that currently keeps the total electric costs below $95/month - $79/mo to Vivint, $14/mo to ComEd). High efficiency HVAC 2017, water heater 2021. Attached over-sized 2.5-Car Garage. Award-winning Millburn schools (just 2 blocks from the middle school sports fields) and Lakes Community High School! Easy access to local commuter ways, I-94, shopping, entertainment, Gurnee Mills and Six Flags! Grab it while you can! This one's coming in hot!

Last Agent to Sell the Property

David Leigh

Redfin Corporation License #471007779 Listed on: 08/05/2021

Redfin Corporation

Last Buyer's Agent

Mary Zoubouridis

Realta Real Estate License #475121921

Realta Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • 1995

Lot Details

  • 9,148

HOA Fees

  • $21 per month

Parking

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

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Drapes & Rods
  • Blinds
  • Aluminum Window Frames
  • Window Screens
  • Formal Dining Room

Bedrooms and Bathrooms

  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Partially Finished Basement

  • Crawl Space
  • Basement Window Egress

Community Details

  • Realty Management Partners Association, Phone Number (847) 236-5500
  • Property managed by Realty Management Partners Heritage Trail

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1995

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Directions: US-45 TO INDEPENDENCE BLVD TO HERITAGE DR TO LIBERTY LN TO MADISON LN
  • Efficiency: Photovoltaic/Solar System
  • Lot Size: 75X120X76X120
  • Master Model: CUSTOM
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Subdivision Name: Heritage Trails
  • Special Features: None
  • Year Built: 1995

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Water Purifier Owned, Water Softener Owned
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2431
  • Basement Description: Partially Finished,Crawl,Egress Window
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: ENERGY STAR Qualified Doors,French Doors,Sliding Doors,Storm Door(s),36" Minimum Entry Door,Lever Style Door Handles,6 Panel Door(s)
  • Window Features: Aluminum Frames,Blinds,Double Pane Windows,Curtains/Drapes,ENERGY STAR Qualified Windows,Low Emissivity Windows,Screens
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry, Walk-In Closet(s)
  • Other Equipment: Humidifier, Water-Softener Owned, TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Dining Room Type: Bedroom 5, Loft, Recreation Room, Walk In Closet

Exterior Features

  • Exterior Features: Patio, Porch
  • Exterior Building Type: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Laundry Features: Gas Dryer Hookup, Sink
  • Sewer: Public Sewer
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Realty Management Partners Heritage Trail
  • Management Contact Name: Realty Management Partners
  • Management Phone: 847-236-5500
  • Association Fee: 21
  • Association Fee Frequency: Monthly
  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Millburn C C School
  • High School: Lakes Community High School
  • Junior High Dist: 117
  • Middle Or Junior School: Millburn C C School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 11112.42
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Nov 8, 2021
Sold by
Anderson Scott C and Anderson Debra L
Bought by
Lynum Mitchell J
Seller's Agent
David Leigh
Redfin Corporation
Buyer's Agent
Mary Zoubouridis
Realta Real Estate
Sold Price
$350,000
Current Estimated Value
$450,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,736
Avg. Annual Appreciation
6.78%
Original Mortgage
$350,000
Outstanding Balance
$322,694
Interest Rate
2.82%
Mortgage Type
VA
Estimated Equity
$125,799

Purchase Details

Closed on
Dec 12, 2016
Sold by
Anderson Scott C and Anderson Debra L
Bought by
Anderson Scott C and Anderson Debra L

Purchase Details

Closed on
Dec 30, 2002
Sold by
Mrozinski Edward C and Mrozinski Jamie C
Bought by
Anderson Scott C and Anderson Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.71%

Purchase Details

Closed on
Dec 18, 1995
Sold by
Westfield Homes Of Illinois Inc
Bought by
Mrozinski Edward C and Mrozinski Jamie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,200
Interest Rate
7.42%
Source: Public Records

Range of Values:

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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
Lynum Mitchell J $350,000 Cambridge Title Company
Anderson Scott C -- Attorney
Anderson Scott C $235,000 Attorneys Title Guaranty Fun
Mrozinski Edward C $166,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynum Mitchell J $350,000
Previous Owner Anderson Scott C $164,700
Previous Owner Anderson Scott C $35,001
Previous Owner Anderson Scott $190,000
Previous Owner Anderson Scott C $188,000
Previous Owner Mrozinski Edward C $195,000
Previous Owner Mrozinski Edward C $149,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $350,000 +1.4% $144 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
08/16/2021 08/16/21 For Sale -- -- --
08/08/2021 08/08/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $345,000 -- $142 / 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 -- $118,581 $18,148 $100,433
2023 -- $104,772 $16,035 $88,737
2022 $0 $94,578 $11,669 $82,909
2021 $11,523 $87,857 $10,840 $77,017
2020 $11,112 $85,042 $10,493 $74,549
2019 $11,904 $86,918 $10,725 $76,193
2018 $10,679 $83,647 $13,887 $69,760
2017 $10,362 $81,417 $13,517 $67,900
2016 $11,545 $86,801 $14,411 $72,390
2015 $11,015 $81,069 $13,459 $67,610
2014 $9,685 $73,547 $13,522 $60,025
2012 $9,703 $86,270 $15,296 $70,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11172335

Midwest Real Estate Data (MRED)

APN: 02-36-201-025