NOT LISTED FOR SALE

723 Paradise Ln Libertyville, IL 60048

Estimated Value: $1,694,000 - $1,833,000

5 Beds
5 Baths
5,392 Sq Ft
$328/Sq Ft Est. Value

Last Sold June 12, 2015

Last sale price $1,222,500 $227 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $12,352/month

34 Days on Market

Highlights

  • Landscaped Professionally
  • Double Shower
  • Traditional Architecture
  • Butterfield School Rated A-
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of June 2015

Luxury, light & lots of space from top to bottom! Fashionably decorated all-brick home on a huge .68 acre lot close to town, Butler Lake and schools! Well-wrought architecture & high-quality finishes will please you daily. Massive 25 x 24 family room w 16ft ceilings. Palatial kitchen with commercial-grade equipment. The master suite simply needs to be seen. Butterfield elementary. 4 car garage. Finished basement.

Last Agent to Sell the Property

Dan Timm

Baird & Warner License #475130749 Listed on: 02/13/2015

Baird & Warner

Last Buyer's Agent

Elizabeth Bryant

Baird & Warner License #475131493

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,693

Year Built

  • 2002

Lot Details

  • East or West Exposure
  • Fenced Yard
  • Landscaped Professionally

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Shingle Roof
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Heatilator
  • Gas Log Fireplace
  • Mud Room
  • Sitting Room
  • Dining Area
  • Home Office
  • Home Gym
  • Wood Flooring
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Double Shower
  • Separate Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Brick Porch or Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,693

Year Built

2002

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 11-15 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2002
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 13
  • Living Room: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Equipment: Humidifier, TV-Cable, Security System, Ceiling Fan, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;
  • Fireplace Details: Wood Burning, Gas Logs, Gas Starter, Heatilator Type System
  • Attic: Unfinished
  • Fireplace Location: Family Room, Master Bedroom, Basement
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink, Double Shower
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 11X6, On Level: 2nd Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 20X17, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Walk-in
  • Additional Rooms: 5th Bedroom, Eating Area, Exercise Room, Mud Room, Office, Sitting Room
  • Master Bedroom: Dimensions: 30X17, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 17X17, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Office, Dimensions: 17X16, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Eating Area, Dimensions: 21X13, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Sitting, Dimensions: 16X13, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 17X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Mud, Dimensions: 11X8, On Level: Main Level, Flooring: Hardwood
  • Additional Room 6 Name: Exercise Rm, Dimensions: 22X16, On Level: Basement, Flooring: Other
  • Estimated Sq Ft: 5392
  • Dining Room Type: Separate
  • Family Room: Dimensions: 25X25, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Patio, Brick Paver Patio, Outdoor Grill
  • Exposure: E (East), W (West)
  • Acreage: 0.6807

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 4
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air, Zoned

Schools

  • Junior High Dist: 70

Lot Info

  • Lot Dimensions: 125X260X104X254
  • Lot Description: Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 11174010010000

Tax Info

  • Taxes: 30791

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2024
Sold by
Hugdahl Douglas and Gekas Hugdahl Constance
Bought by
723 Paradise Lane Llc
Current Estimated Value
$1,766,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,192,718
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$574,221

Purchase Details

Listed on
Feb 13, 2015
Closed on
May 8, 2015
Sold by
Bowlin Justin D and Bowlin Rachel
Bought by
Hugdahl Douglas and Gekas Hugdahl Constance M
Seller's Agent
Dan Timm
Baird & Warner
Buyer's Agent
Elizabeth Bryant
Baird & Warner
List Price
$1,325,000
Sold Price
$1,222,500
Premium/Discount to List
-$102,500
-7.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.61%
Original Mortgage
$978,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 7, 2014
Closed on
Aug 26, 2014
Sold by
Leichtweis Charles F and Leichtweis Stephanie S
Bought by
Bowlin Justin D and Bowlin Rachel
Seller's Agent
Sheila Brooks
@properties Christie's International Real Estate
Buyer's Agent
Dan Timm
Baird & Warner
List Price
$1,499,000
Sold Price
$1,220,000
Premium/Discount to List
-$279,000
-18.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.27%
Original Mortgage
$450,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2008
Sold by
Leichtweis Charles F
Bought by
Leichtweis Charles F and Leichtweis Stephanie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2006
Sold by
Vrab John and Vrab Kristyn
Bought by
Leichtweiss Charles F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2003
Sold by
Herchenbach Jack
Bought by
Vrab John and Vrab Kristyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.25%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 1, 2002
Sold by
Gundrum Lawrence J and Gundrum Susan L
Bought by
Herchenbach Jack

Purchase Details

Closed on
Jun 25, 2002
Sold by
Crawford Harry A and Crawford Julie A
Bought by
Gundrum Lawrence J and Gundrum Susan L

Purchase Details

Closed on
Mar 24, 1999
Sold by
Rowan Randall S and Rowan Dana L
Bought by
Crawford Harry A and Crawford Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.05%

Purchase Details

Closed on
Mar 13, 1997
Sold by
Rowan Randall S and Rowan Dana L
Bought by
Rowan Randall S and Rowan Dana L
Source: Public Records

Range of Values:

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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
723 Paradise Lane Llc $1,600,000 Acuity Title
723 Paradise Lane Llc $1,600,000 Acuity Title
Hugdahl Douglas $1,220,500 None Available
Bowlin Justin D $1,220,000 Multiple
Leichtweis Charles F -- Cti
Leichtweiss Charles F $1,435,000 Multiple
Vrab John $400,000 --
Herchenbach Jack -- --
Gundrum Lawrence J $350,000 Ticor Title
Crawford Harry A $300,000 --
Rowan Randall S -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 723 Paradise Lane Llc $1,200,000
Closed 723 Paradise Lane Llc $1,200,000
Previous Owner Hugdahl Douglas $978,000
Previous Owner Bowlin Justin D $450,000
Previous Owner Leichtweis Charles F $1,000,000
Previous Owner Leichtweiss Charles F $1,000,000
Previous Owner Vrab John $1,000,000
Previous Owner Crawford Harry A $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2015 06/12/15 Sold $1,222,500 -7.7% $227 / Sq Ft
03/19/2015 03/19/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $1,325,000 +8.6% $246 / Sq Ft
09/03/2014 09/03/14 Sold $1,220,000 -4.3% $226 / Sq Ft View Prior Sale
07/27/2014 07/27/14 Pending -- -- --
05/30/2014 05/30/14 Price Changed $1,275,000 -8.9% $236 / Sq Ft
03/27/2014 03/27/14 Price Changed $1,399,000 -6.7% $259 / Sq Ft
03/07/2014 03/07/14 For Sale $1,499,000 -- $278 / 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 $36,693 $502,650 $105,112 $397,538
2023 $35,591 $463,614 $96,949 $366,665
2022 $35,591 $451,962 $93,183 $358,779
2021 $34,284 $442,233 $91,177 $351,056
2020 $33,008 $434,798 $89,644 $345,154
2019 $32,186 $430,664 $88,792 $341,872
2018 $33,910 $467,452 $96,029 $371,423
2017 $33,452 $452,694 $92,997 $359,697
2016 $32,388 $429,216 $88,174 $341,042
2015 $32,156 $401,174 $82,413 $318,761
2014 -- $384,262 $78,938 $305,324
2012 $26,976 $379,997 $78,062 $301,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08838627

Midwest Real Estate Data (MRED)

APN: 11-17-401-001