Seller's Agent in 2013
Geri Emalfarb
@ Properties
(847) 432-0700
19 Total Sales
718 Mountain Rd Lake Bluff, IL 60044
Estimated Value: $3,153,000 - $3,951,227
5
Beds
8
Baths
10,000
Sq Ft
$355/Sq Ft
Est. Value
Highlights
- Lake Front
- Heated Floors
- Steam Shower
- Lake Bluff Elementary School Rated A
- Main Floor Bedroom
- 3-minute walk to Sunrise Park and Beach
About This Home
As of June 2013This magnificent new construction sits on 1.5 acres along Lake Michigan in East Lake Bluff. Incredible views of the ravine and lake, walkout lower level, stone exterior, slate roof, five stone fireplaces and beautiful finishes make this the perfect home. Additional amenities include radiant heat basement and garage, custom woodworking, hickory hardwood floors and extensive A/V system. Walk to town and steps to beach.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #471002919 Listed on: 11/19/2012
Property Details
Home Type
- Other
Year Built
- 2012
Lot Details
- Lake Front
Parking
- Attached Garage
- Garage ceiling height seven feet or more
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Slab Foundation
- Stone Siding
Interior Spaces
- Wet Bar
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Mud Room
- Entrance Foyer
- Sitting Room
- Formal Dining Room
- Utility Room with Study Area
- Laundry on upper level
- Storm Screens
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Butlers Pantry
- Kitchen Island
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- Main Floor Bedroom
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
- Dual Sinks
- Soaking Tub
- Steam Shower
- Separate Shower
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Finished Basement Bathroom
- Rough-In Basement Bathroom
Outdoor Features
- Balcony
- Patio
Utilities
- Forced Air Zoned Heating System
- Heating System Uses Gas
- Radiant Heating System
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 19, 2012
Closed on
Jun 25, 2013
Sold by
Mountain Property Holdings Llc
Bought by
Chicago Title Land Trust Co and Trust Number 8002362123
Seller's Agent
Geri Emalfarb
@properties Christie's International Real Estate
Buyer's Agent
Katherine Hudson
Compass
List Price
$5,200,000
Sold Price
$4,000,000
Premium/Discount to List
-$1,200,000
-23.08%
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
-$261,706
Avg. Annual Appreciation
-0.94%
Original Mortgage
$2,880,000
Outstanding Balance
$2,086,192
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$1,465,922
Purchase Details
Closed on
May 26, 2010
Sold by
718 Mountain Road Llc
Bought by
Mountain Property Holdings Llc
Purchase Details
Closed on
Jul 29, 2003
Sold by
Gelfond Igor and Gelfond Lena
Bought by
718 Mountain Road Llc
Purchase Details
Closed on
Apr 14, 2003
Sold by
Fifth Third Bank
Bought by
Gelfond Igor and Gelfond Lena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,335,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chicago Title Land Trust Co | $4,000,000 | Fidelity National Title | |
| Mountain Property Holdings Llc | -- | First American Title | |
| 718 Mountain Road Llc | -- | Chicago Title Insurance Comp | |
| Gelfond Igor | $1,750,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chicago Title Land Trust Co | $2,880,000 | |
| Previous Owner | Gelfond Igor | $3,335,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/26/2013 06/26/13 | Sold | $4,000,000 | -23.1% | $400 / Sq Ft |
| 04/18/2013 04/18/13 | Pending | -- | -- | -- |
| 11/19/2012 11/19/12 | For Sale | $5,200,000 | -- | $520 / 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 | $122,716 | $1,746,528 | $486,595 | $1,259,933 |
| 2023 | $98,329 | $1,692,179 | $448,557 | $1,243,622 |
| 2022 | $98,329 | $1,420,977 | $376,668 | $1,044,309 |
| 2021 | $94,895 | $1,408,721 | $373,419 | $1,035,302 |
| 2020 | $92,833 | $1,416,512 | $375,484 | $1,041,028 |
| 2019 | $93,766 | $1,455,556 | $433,638 | $1,021,918 |
| 2018 | $43,014 | $1,329,791 | $566,445 | $763,346 |
| 2017 | $84,206 | $1,307,562 | $556,976 | $750,586 |
| 2016 | $81,240 | $1,244,586 | $530,150 | $714,436 |
| 2015 | $80,655 | $1,171,927 | $499,200 | $672,727 |
| 2014 | $81,977 | $1,186,781 | $409,551 | $777,230 |
| 2012 | $26,567 | $1,197,076 | $413,104 | $783,972 |
Source: Public Records
Agents Affiliated with this Home
-
Geri Emalfarb
-
Debbie Scully
Seller Co-Listing Agent in 2013
Debbie Scully
@ Properties
(847) 373-4296
46 Total Sales
-
Katherine Hudson
Buyer's Agent in 2013
Katherine Hudson
Compass
(847) 987-4309
18 in this area
78 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD08222749
APN: 12-21-207-004
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