$2,000,000
SOLD OCT 10, 2023
4 Beds
3 Baths
3,630 Sq Ft
0.8 Acres

Recently Sold

$551 Per Sq Ft

29% Below List Price

196 Days on Market

Highlights

  • Waterfront
  • Home Office
  • Enclosed patio or porch
  • Newton Yost Elementary School Rated A-
  • 2 Car Detached Garage
  • Central Air

About This Home

As of October 2023

ONCE IN A LIFETIME opportunity to own this incredible piece of lakefront property, listed for the first time ever, in the coveted community of Dune Acres. Situated on 0.80 acres with nearly 130' of beach frontage, this home has direct access to the dunes and beachfront, along with captivating views of Lake Michigan and the Chicago skyline. Privacy is paramount as the entire parcel to the west of the home is National Park. Built in 1960, this mid-century modern home boasts over 3600 sq feet of finished space with 4 bedrooms + office, 3 bathrooms, a formal and casual living space, and a screened-in porch. Recent 2021 updates include freshly painted home and garage, new septic system, rebuilt chimney, and reglazed windows. This home is ready for you to create memories enjoying all the lake has to offer, including swimming, boating, or soaking in the view while sipping coffee from the house. Explore the many trails, hike the dunes, all while enjoying the beauty and serenity they offer.

Last Agent to Sell the Property

Lesley Sweeney

Jameson Sotheby's Intl Realty License #475171237 Listed on: 02/03/2023

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,369

Year Built

  • Built in 1960

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 260 x 110
  • Waterfront

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Split Level Home

Interior Spaces

  • 3,630 Sq Ft Home
  • Home Office

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,369

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Walkout
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 3630
  • Room Type: Office, Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 2500000
  • Waterfront: Yes
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.8
  • Lot Dimensions: 260 X 110
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 10368.84
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Oct 10, 2023
Sold by
Norton Anne O and Osann Edward R
Bought by
Ridgway William E and Ridgway Jessica
Seller's Agent
Lesley Sweeney
Encore Sotheby's International
List Price
$3,000,000
Sold Price
$2,000,000
Premium/Discount to List
-$1,000,000
-33.33%
Views
42
Current Estimated Value
$1,822,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$177,679
Avg. Annual Appreciation
-6.16%
Original Mortgage
$1,102,500
Outstanding Balance
$1,085,978
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$696,776

Purchase Details

Closed on
Nov 28, 2021
Sold by
Self-Declaration Ruth H Osann Revocable
Bought by
Ruth H Osann Revocable Self-Declaration Livin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.11%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,000,000 None Listed On Document
Deed $2,000,000 None Listed On Document
Warranty Deed -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,102,500 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $120,000 New Conventional
Previous Owner $1,139,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $2,000,000 0.0% $551 / Sq Ft
10/10/2023 10/10/23 Sold $2,000,000 0.0% $551 / Sq Ft
08/27/2023 08/27/23 Off Market $2,000,000 -- --
08/19/2023 08/19/23 Pending -- -- --
06/20/2023 06/20/23 Price Changed $2,500,000 -10.7% $689 / Sq Ft
02/03/2023 02/03/23 For Sale $2,800,000 -6.7% $771 / Sq Ft
04/28/2022 04/28/22 For Sale $3,000,000 -- $826 / 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 $10,139 $962,600 $543,400 $419,200
2023 $10,119 $895,500 $502,700 $392,800
2022 $9,721 $852,700 $502,700 $350,000
2021 $10,389 $908,300 $553,200 $355,100
2020 $9,718 $850,700 $523,300 $327,400
2019 $9,718 $850,700 $523,300 $327,400
2018 $9,718 $850,700 $523,300 $327,400
2017 $9,741 $852,700 $523,300 $329,400
2016 $10,773 $941,300 $619,400 $321,900
2014 $10,429 $921,900 $574,100 $347,800
2013 -- $912,400 $585,800 $326,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11712134

Midwest Real Estate Data (MRED)

APN: 64-03-22-101-002.000-025