Seller's Agent in 2024
Dan Timm
Baird Warner
(847) 219-8466
31 in this area
146 Total Sales
722 Thomas Ct Libertyville, IL 60048
Estimated Value: $1,229,000 - $1,729,543
4
Beds
3.5
Baths
3,574
Sq Ft
$396/Sq Ft
Est. Value
Highlights
- Community Lake
- Deck
- Family Room with Fireplace
- Butterfield School Rated A-
- Property is near a park
- Recreation Room
About This Home
As of January 2024Location, Lot, and Luxury! This beautifully reimagined home is on a .64 acre site in one of Libertyville's most sought-after locations near Butler Lake, Libertyville High, Butterfield Elementary, the downtown district, and METRA. It's been expertly renovated and expanded by some of the best names in the business and offers hard-to find features like first floor primary suite, a four car garage and a finished walkout lower level. The list of very appealing interior features includes a spa bath suite with walk-in shower, a palatial walk-in closet, a 4 car heated "Garage Mahal" that needs to be seen to be believed, a beautifully-appointed kitchen, and a finished walkout lower level that nearly doubles your living area with billiards room, game area, theater area, office, full bath, and an exercise room with a second set of laundry machines. The outdoor setting is simply gorgeous. The hardscape includes bluestone walks, sprinkler system, a large deck, and a patio with an outdoor fireplace. There is plenty of lawn left over for fun and games or a pool. All the work is done, and impeccably so - just move in and enjoy! The exterior, roof, & mechanicals & appliances are all newer, and you can range happily across over 5,800 s.f. of living area, and the beautifully landscaped grounds. .
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,726
Year Built
- Built in 1965 | Remodeled in 2019
Lot Details
- 0.64 Acre Lot
- Lot Dimensions are 126 x 206 x 142 x 204
Parking
- 4 Car Attached Garage
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Traditional Architecture
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,574 Sq Ft Home
- 1.5-Story Property
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Breakfast Room
- Formal Dining Room
- Home Office
- Recreation Room
- Home Gym
- Wood Flooring
- Laundry in multiple locations
- Attic
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Bathroom on Main Level
- Dual Sinks
- Soaking Tub
- Separate Shower
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Fireplace in Basement
- Finished Basement Bathroom
Outdoor Features
- Deck
- Patio
- Fire Pit
Location
- Property is near a park
Schools
- Butterfield Elementary School
- Highland Middle School
- Libertyville High School
Utilities
- Forced Air Zoned Cooling and Heating System
- Two Heating Systems
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Paradise Park Estates Subdivision
- Community Lake
Recreation
- Tennis Courts
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2023
Closed on
Dec 21, 2023
Sold by
Kathleen A Krause Revocable Trust
Bought by
Olson Pamela and Olson Pamela
Seller's Agent
Dan Timm
Baird & Warner
Buyer's Agent
Jill Lovinger
Baird & Warner
List Price
$1,575,000
Sold Price
$1,530,000
Premium/Discount to List
-$45,000
-2.86%
Views
9
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
-$115,152
Avg. Annual Appreciation
-4.30%
Purchase Details
Closed on
Mar 12, 2019
Sold by
Krause Gregory R and Krause Kathleen
Bought by
Krause Gregory R and Krause Kathleen
Purchase Details
Listed on
Feb 27, 2018
Closed on
May 26, 2018
Sold by
Brennan Kelly J and Brennan Susan M
Bought by
Krause Gregory R and Krause Kathleen
Seller's Agent
Patricia Bell
@properties Christie's International Real Estate
Buyer's Agent
Jean Royster
Coldwell Banker Realty
List Price
$899,900
Sold Price
$835,000
Premium/Discount to List
-$64,900
-7.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$625,000
Interest Rate
4.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 21, 2002
Sold by
Brennan Dorothy J and Dorothy J Brennan Living Trust
Bought by
Brennan Kelly J and Brennan Susan M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.7%
Purchase Details
Closed on
Mar 21, 1998
Sold by
Brennan John J and Brennan Dorothy J
Bought by
Brennan Dorothy J and Dorothy J Brennan Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
6.95%
Purchase Details
Closed on
Feb 20, 1998
Sold by
Brennan Dorothy J and Dorothy J Brennan Living Trust
Bought by
Brennan John J and Brennan Dorothy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
6.95%
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 |
|---|---|---|---|
| Olson Pamela | $1,530,000 | Ata Gmt Title | |
| Krause Gregory R | -- | None Available | |
| Krause Gregory R | $835,000 | Proper Title Llc | |
| Brennan Kelly J | $505,000 | -- | |
| Brennan Dorothy J | -- | -- | |
| Brennan John J | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Krause Gregory R | $625,000 | |
| Previous Owner | Brennan Kelly J | $200,000 | |
| Previous Owner | Brennan John J | $166,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/16/2024 01/16/24 | Sold | $1,530,000 | -2.9% | $428 / Sq Ft | |
| 11/14/2023 11/14/23 | Pending | -- | -- | -- | |
| 11/03/2023 11/03/23 | For Sale | $1,575,000 | +88.6% | $441 / Sq Ft | |
| 06/01/2018 06/01/18 | Sold | $835,000 | -7.2% | $199 / Sq Ft | View Prior Sale |
| 03/19/2018 03/19/18 | Pending | -- | -- | -- | |
| 02/27/2018 02/27/18 | For Sale | $899,900 | -- | $215 / 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 | $21,626 | $348,302 | $105,112 | $243,190 |
| 2023 | $21,626 | $285,185 | $96,949 | $188,236 |
| 2022 | $19,726 | $260,971 | $93,183 | $167,788 |
| 2021 | $18,997 | $255,353 | $91,177 | $164,176 |
| 2020 | $18,287 | $251,060 | $89,644 | $161,416 |
| 2019 | $17,831 | $240,744 | $88,792 | $151,952 |
| 2018 | $17,399 | $242,815 | $96,029 | $146,786 |
| 2017 | $17,160 | $235,149 | $92,997 | $142,152 |
| 2016 | $16,603 | $222,954 | $88,174 | $134,780 |
| 2015 | $16,469 | $208,387 | $82,413 | $125,974 |
| 2014 | $15,757 | $199,602 | $78,938 | $120,664 |
| 2012 | $16,331 | $197,386 | $78,062 | $119,324 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Timm
-
Jill Lovinger
Buyer's Agent in 2024
Jill Lovinger
Baird Warner
(847) 525-4764
3 in this area
20 Total Sales
-
Patricia Bell
Seller's Agent in 2018
Patricia Bell
@ Properties
(847) 217-8080
16 in this area
39 Total Sales
-
Jean Royster
J
Buyer's Agent in 2018
Jean Royster
Coldwell Banker Realty
(847) 234-8000
14 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11913982
APN: 11-17-402-011
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