NOT LISTED FOR SALE

733 Ravine Ave Lake Bluff, IL 60044

Estimated Value: $3,866,989 - $4,304,000

4 Beds
6 Baths
7,162 Sq Ft
$570/Sq Ft Est. Value

Last Sold December 17, 2014

Last sale price $4,000,000 $559 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $32,047/month

482 Days on Market

Highlights

  • Lake Front
  • Beach
  • Recreation Room
  • Lake Bluff Elementary School Rated A
  • Deck
  • Home Office

About This Home

As of December 2014

Magnificent Lakefront property w/more than 3 acres and 301 feet of frontage! Situated on a bluff w/unobstructed Southern views of Chicago! Award winning beautiful home w private beach- built in 1991 with over 7000SF plus full basement. Professionally landscaped property w/state-of-the-art mechanical tram to private manicured beach, gorgeous views from everywhere, entry coach house w/3 car gar & tons of storage!

Last Agent to Sell the Property

Linda Levin

Jameson Sotheby's Intl Realty License #475137990 Listed on: 08/06/2013

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $117,431

Year Built

  • 1991

Lot Details

  • Lake Front

Parking

  • Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Stucco Exterior Insulation and Finish Systems

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Sitting Room
  • Home Office
  • Recreation Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Breakfast Bar

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • Beach

Listing and Financial Details

  • $11,954 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$117,431

Year Built

1991

Lot Details

0

Parking

6

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 21-25 Years
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 5.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1991

Interior Features

  • Number Of Rooms: 11
  • Living Room: Dimensions: 31X18, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 08X07, On Level: Main Level
  • Dining Room: Dimensions: 17X16, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 26X22, On Level: Main Level
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Recreation Room, Sitting Room, Office
  • Master Bedroom: Dimensions: 20X13, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Office, Dimensions: 13X11, On Level: Main Level
  • Additional Room 2 Name: Recreation Rm, Dimensions: 24X17, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Sitting, Dimensions: 17X16, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Other, Dimensions: 17X11, On Level: Main Level
  • Bedroom 4: Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 7162
  • Dining Room Type: Separate
  • Family Room: Dimensions: 22X16, On Level: 2nd Level, Flooring: Hardwood

Exterior Features

  • Lot Size: 3.0-3.99 Acres
  • Exterior Building Type: EIFS (e.g. Dryvit).
  • Waterfront: Yes
  • Exterior Property Features: Deck, Patio
  • Acreage: 3.02

Garage/Parking

  • Number of Cars: 6
  • Parking: Garage
  • Garage Type: Attached, Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 6
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 67
  • Junior High Dist: 65

Lot Info

  • Lot Dimensions: 3.02 ACRES
  • Lot Description: Beach, Lake Front
  • Parcel Identification Number: 12214020130000

Tax Info

  • Taxes: 58379.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2013
Closed on
Dec 17, 2014
Sold by
Deschutter Richard U and Richard U Deschutter Trust
Bought by
Chicago Title Land Trust Company and Trust #8002366335
Seller's Agent
Linda Levin
Jameson Sotheby's Intl Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$9,900,000
Sold Price
$4,000,000
Premium/Discount to List
-$5,900,000
-59.6%
Current Estimated Value
$4,085,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,495
Avg. Annual Appreciation
-0.09%
Original Mortgage
$3,200,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 8, 2013
Sold by
Deschutter Richard U and Deschutter Carol A
Bought by
Deschutter Richard U and The Richard U Deschutter Revoc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chicago Title Land Trust Company $4,000,000 Chicago Title Insurance Co
Deschutter Richard U -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chicago Title Land Trust Company $4,130,000
Closed Chicago Title Land Trust Company $4,150,000
Closed Chicago Title Land Trust Company $4,170,000
Closed Chicago Title Land Trust Company $4,210,000
Closed Chicago Title Land Trust Company $4,360,000
Closed Chicago Title Land Trust Company $4,384,250
Closed Chicago Title Land Trust Company $4,384,250
Closed Chicago Title Land Trust Company $3,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2014 12/17/14 Sold $4,000,000 -22.9% $559 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
09/26/2014 09/26/14 Price Changed $5,190,000 -20.1% $725 / Sq Ft
07/02/2014 07/02/14 Price Changed $6,499,000 -25.7% $907 / Sq Ft
05/20/2014 05/20/14 Price Changed $8,750,000 -11.6% $1,222 / Sq Ft
08/06/2013 08/06/13 For Sale $9,900,000 -- $1,382 / 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 $117,431 $1,619,648 $854,430 $765,218
2023 $113,107 $1,619,648 $787,638 $832,010
2022 $113,107 $1,604,883 $780,458 $824,425
2021 $109,174 $1,591,041 $773,727 $817,314
2020 $106,791 $1,599,840 $778,006 $821,834
2019 $104,908 $1,599,840 $763,724 $836,116
2018 $99,015 $1,536,986 $845,233 $691,753
2017 $102,764 $1,594,403 $914,214 $680,189
2016 $57,076 $870,183 $870,183 $0
2015 $71,922 $1,205,719 $819,381 $386,338
2014 $62,306 $905,600 $612,837 $292,763
2012 $58,379 $913,456 $618,153 $295,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08414635

Midwest Real Estate Data (MRED)

APN: 12-21-402-013