NOT LISTED FOR SALE

700 Mountain Rd Lake Bluff, IL 60044

Estimated Value: $2,167,000 - $3,389,000

4 Beds
4 Baths
3,133 Sq Ft
$876/Sq Ft Est. Value

Last Sold June 03, 2016

Last sale price $1,700,000 $543 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $18,165/month

35 Days on Market

Highlights

  • Lake Front
  • Home Theater
  • Contemporary Architecture
  • Lake Bluff Elementary School Rated A
  • Deck
  • 3-minute walk to Sunrise Park and Beach

About This Home

As of June 2016

REFRESHING WARM CONTEMPORARY HOME WITH LAKE MICHIGAN VIEWS 365 DAYS A YEAR! ALL THREE FLOORS OF THIS HOME OFFER VIEWS OF LAKE MICHIGAN AND SURROUNDING RAVINES. BEAUTIFULLY RENOVATED WITH THE FINEST IN ARCHITECTURAL FINISHES! NEWER MECHANICALS, GOURMET KITCHEN, 4 BEDROOMS, 3.5. BATHS. ELEGANT EAST AND WEST FACING DECKS ARE PERFECT FOR WATCHING THE SUNRISE AND SUNSET! THE FINISHED BASEMENT OFFERS PLENTY OF EXTRA SPACE. A QUICK WALK TO TOWN AND TRAIN. STEPS TO THE BEACH.

Last Agent to Sell the Property

Patricia Carollo

Jameson Sotheby's International Realty License #475132986 Listed on: 02/29/2016

Jameson Sotheby's International Realty

Last Buyer's Agent

Jean Royster

Coldwell Banker Realty License #475133732

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Lot Details

  • Lake Front
  • Southern Exposure
  • East or West Exposure
  • Wooded Lot

Parking

  • Attached Garage
  • Heated Garage
  • Garage Is Owned

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Breakfast Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Wood Flooring
  • Water Views
  • Finished Basement
  • Finished Basement Bathroom

Kitchen

  • Breakfast Bar
  • Double Oven
  • High End Refrigerator

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • North or South Exposure
  • Deck

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Age: 31-40 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Contemporary
  • Type Detached: 2 Stories
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 11
  • Living Room: Dimensions: 30X23, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Oven/Range, High End Refrigerator, Washer, Dryer
  • Fireplace Details: Wood Burning, Gas Starter
  • Attic: Full, Unfinished
  • Fireplace Location: Living Room
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X7, On Level: Basement
  • Dining Room: Dimensions: 17X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Breakfast Room, Foyer, Media Room, Office, Recreation Room
  • Master Bedroom: Dimensions: 23X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Breakfast Rm, Dimensions: 11X8, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Recreation Rm, Dimensions: 22X28, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 11X9, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Office, Dimensions: 30X9, On Level: Lower, Flooring: Carpet
  • Additional Room 6 Name: Media Rm, Dimensions: 22X10, On Level: Basement, Flooring: Carpet
  • Additional Room 7 Name: Foyer, Dimensions: 11X11, On Level: Main Level
  • Estimated Sq Ft: 3133
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Cedar
  • Exterior Property Features: Deck
  • Exposure: N (North), S (South), E (East), W (West), Lake/Water
  • Acreage: 0.96

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 65

Lot Info

  • Lot Dimensions: 250X601X641X20
  • Lot Description: Water View, Wooded
  • Parcel Identification Number: 12212070080000

Tax Info

  • Taxes: 25036.70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2016
Closed on
May 31, 2016
Sold by
Fegan Tal M and The Tal M Fegan Trust
Bought by
Sanderson Brian and Sanderson Stacy L
Seller's Agent
Patricia Carollo
Jameson Sotheby's International Realty
Buyer's Agent
Jean Royster
Coldwell Banker Realty
List Price
$1,799,000
Sold Price
$1,700,000
Premium/Discount to List
-$99,000
-5.5%
Current Estimated Value
$2,745,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,045,025
Avg. Annual Appreciation
5.09%
Original Mortgage
$1,105,000
Outstanding Balance
$880,887
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$1,864,138

Purchase Details

Closed on
Jan 26, 2010
Sold by
Fegan Tal M
Bought by
Fegan Tal M and Tal M Fegan Trust

Purchase Details

Closed on
Jun 5, 2007
Sold by
Bracic Ivan
Bought by
Fegan Tal M

Purchase Details

Closed on
Mar 13, 2001
Sold by
Corchran Charles W and Corchran Marcia P
Bought by
Bracic Ivan R and Fegan Tal M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
8.49%

Purchase Details

Closed on
Oct 6, 1993
Sold by
Corchran Charles W and Corchran Marcia P
Bought by
Corchran Charles W and Corchran Marcia P
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
Sanderson Brian $1,700,000 Fort Dearborn Title
Fegan Tal M -- None Available
Fegan Tal M -- None Available
Bracic Ivan R $1,200,000 First American Title
Corchran Charles W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanderson Brian $1,105,000
Previous Owner Bracic Ivan R $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2016 06/03/16 Sold $1,700,000 -5.5% $543 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $1,799,000 -- $574 / 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 $46,746 $943,915 $245,792 $698,123
2023 $42,839 $674,548 $226,578 $447,970
2022 $42,839 $636,570 $213,821 $422,749
2021 $41,332 $631,080 $211,977 $419,103
2020 $32,907 $497,133 $213,149 $283,984
2019 $31,730 $488,007 $209,236 $278,771
2018 $24,477 $387,643 $232,720 $154,923
2017 $24,272 $381,163 $228,830 $152,333
2016 $23,403 $362,805 $217,809 $144,996
2015 $23,217 $368,376 $231,845 $136,531
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09151646

Midwest Real Estate Data (MRED)

APN: 12-21-207-008