NOT LISTED FOR SALE

731 Paradise Ln Libertyville, IL 60048

Estimated Value: $1,665,000 - $1,934,000

5 Beds
6 Baths
4,947 Sq Ft
$362/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $1,212,500 $245 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $12,729/month

131 Days on Market

Highlights

  • Heated Floors
  • Landscaped Professionally
  • Wooded Lot
  • Butterfield School Rated A-
  • Recreation Room
  • Vaulted Ceiling

About This Home

As of March 2019

Nestled on a beautiful 3/4 acre lot, just one mile west of downtown Libertyville, this one-owner custom home features noteworthy architectural detail. The foyer features hardwood and slate flooring, with a bench and closet and opens to the first floor living areas. The kitchen, living room, dining room and family room are all open making this area ideal for family and social gatherings. The library offers a space for quiet. Volume ceilings are highlights of the first floor along with a massive stone fireplace surrounded by built-in cabinetry. The first floor master suite includes patio doors, master bath with travertine floors, hickory cabinets, a jetted tub and shower with a rain head and one hand held shower head and two others attached . The master closet will not disappoint with organized shelves and drawers. Other amenities are two fireplaces (one two sided), a bright sun room, 9 ft. doors, finished lower level and more. Life doesn't get much better than this on Paradise!

Last Agent to Sell the Property

Patricia Bell

@properties Christie's International Real Estate License #475128618 Listed on: 02/09/2018

@properties Christie's International Real Estate

Last Buyer's Agent

Margaret Styler

@properties Christie's International Real Estate License #475133716

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,644

Year Built

  • 2002

Lot Details

  • East or West Exposure
  • Landscaped Professionally
  • Wooded Lot

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Brick Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Shingle Roof
  • Stone Siding
  • Stucco Exterior
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • See Through Fireplace
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Library
  • Recreation Room
  • Heated Sun or Florida Room
  • Home Gym
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Cooktop with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,644

Year Built

2002

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 16-20 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.2
  • Total Sq Ft: 4677
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2002
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, Heated Floors, 1st Floor Bedroom, 1st Floor Laundry
  • Number Of Rooms: 13
  • Living Room: Dimensions: 27X17, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Wine Cooler/Refrigerator, Cooktop, Range Hood
  • Equipment: Humidifier, TV-Cable, Security System, CO Detectors, Ceiling Fan, Sump Pump, Sprinkler-Lawn, Power Generator
  • Fireplace Details: See through/Multi Sided, Wood Burning, Gas Logs, Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Family Room, Living Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X8, On Level: Main Level, Flooring: Slate
  • Dining Room: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 18X14, On Level: Main Level, Flooring: Slate, Windows: Shades
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Walk-in
  • Additional Rooms: 5th Bedroom, Library, Exercise Room, Recreation Room, Sun/Florida Room Heated, Foyer, Mud Room, Walk In Closet
  • Master Bedroom: Dimensions: 23X16, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 17X13, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Library, Dimensions: 15X14, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Bedroom 2: Dimensions: 16X14, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 3 Name: Exercise Rm, Dimensions: 28X16, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 17X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 4 Name: Recreation Rm, Dimensions: 36X23, On Level: Basement, Flooring: Carpet
  • Bedroom 4: Dimensions: 18X12, On Level: 2nd Level, Flooring: Carpet, Windows: Plantation Shutters
  • Additional Room 5 Name: Sun/Florida Room Heated, Dimensions: 18X15, On Level: Main Level, Flooring: Stone, Windows: Curtains/Drapes
  • Additional Room 7 Name: Foyer, Dimensions: 10X8, On Level: Main Level
  • Additional Room 8 Name: Mud, Dimensions: 14X7, On Level: Main Level
  • Additional Room 9 Name: Walk in Closet, Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 4947
  • Estimated Total Finished Sq Ft: 6462
  • Basement Finished Sq Ft: 1785
  • Main Level Sq Ft: 3335
  • Upper Level Sq Ft: 1342
  • Family Room: Dimensions: 18X18, On Level: Main Level, Flooring: Slate

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Cedar, Stucco, Stone
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Patio, Porch, Storms/Screens
  • Exposure: E (East)
  • Acreage: 0.7354

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Brick
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems, Zoned

Condo/Co-op/Association

  • Assessed Sq Ft: 4947

Schools

  • Junior High Dist: 70

Lot Info

  • Lot Dimensions: 122 X 271 X 123 X 260
  • Lot Description: Landscaped Professionally, Wooded
  • Parcel Identification Number: 11172030090000

Tax Info

  • Taxes: 32777.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2018
Closed on
Mar 15, 2019
Sold by
Gundrum Lawrence and Gundrum Susan
Bought by
Turco Rick A and Turco Jill
Seller's Agent
Patricia Bell
@properties Christie's International Real Estate
Buyer's Agent
Margaret Styler
@properties Christie's International Real Estate
List Price
$1,250,000
Sold Price
$1,212,500
Premium/Discount to List
-$37,500
-3%
Current Estimated Value
$1,791,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$579,287
Avg. Annual Appreciation
6.08%
Original Mortgage
$650,000
Outstanding Balance
$569,710
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$1,222,077

Purchase Details

Closed on
Aug 4, 2003
Sold by
Gundrum Lawrence and Gundrum Susan
Bought by
Gundrum Lawrence and Gundrum Susan

Purchase Details

Closed on
Jul 31, 2002
Sold by
Hulseman Richard L and Hulseman Kelly M
Bought by
Gundrum Lawrence J and Gundrum Susan L

Purchase Details

Closed on
Aug 30, 2001
Sold by
Richter Patrick
Bought by
Hulseman Richard L and Hulseman Kelly M

Purchase Details

Closed on
Jun 21, 2001
Sold by
Kim Roy and Kim Choon S
Bought by
Richter Patrick

Purchase Details

Closed on
Feb 20, 1996
Sold by
Kim Roy and Kim Choon S
Bought by
Kim Roy and Kim Choon S

Purchase Details

Closed on
Oct 17, 1995
Sold by
Oslapas Raymond and Oslapas Regina
Bought by
Kim Roy and Kim Choon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,750
Interest Rate
7.68%
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
Turco Rick A $1,212,500 Chicago Title
Gundrum Lawrence -- --
Gundrum Lawrence J $400,000 --
Hulseman Richard L $400,000 First American Title
Richter Patrick $360,000 First American Title
Kim Roy -- --
Kim Roy $217,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turco Rick A $650,000
Previous Owner Kim Roy $162,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2019 03/15/19 Sold $1,212,500 -3.0% $245 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $1,250,000 -- $253 / 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 $39,644 $550,526 $105,112 $445,414
2023 $33,439 $507,772 $96,949 $410,823
2022 $33,439 $431,329 $93,183 $338,146
2021 $32,210 $414,982 $91,177 $323,805
2020 $31,011 $408,005 $89,644 $318,361
2019 $29,863 $404,126 $88,792 $315,334
2018 $33,232 $463,317 $96,029 $367,288
2017 $32,777 $448,689 $92,997 $355,692
2016 $31,715 $425,419 $88,174 $337,245
2015 $31,461 $397,625 $82,413 $315,212
2014 $30,514 $380,863 $78,938 $301,925
2012 $32,772 $376,635 $78,062 $298,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09853568

Midwest Real Estate Data (MRED)

APN: 11-17-203-009