16 days on rocket

1460 Margate Ln, Libertyville, IL, 60048

$775,000

Home List Price

$9,203*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
4,474 SqFt
$173/SqFt
House
Schools Nearby

Location

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1460 Margate Ln, Libertyville$775,000

Buyer Closing Credits

$9,203*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1965
HeatingNatural Gas, Forced Air, Zoned
CoolingCentral Air, Zoned
MLS #12051968
Lot Size0.91 Acres
StatusActive

About 1460 Margate Ln

Welcome home! Pull up to this home and see the beautiful mature landscaping and gardens the completely surround you. Wind through the English garden to the front stone patio and enter the double door to the grand foyer with an open view of the main floor living space. Hardwood floors on the main level carry you through a formal dining room with a bay window, living room, and massive open kitchen with plenty of space for the chef in your family. The kitchen is also open to the family room which is full of windows and doors for natural light, a beautiful fireplace, and a storage closet with endless possibilities as a wine room, game closet, even home office! There is a powder room and first floor laundry as well, and a workshop tucked behind the laundry room for any DIY projects. The lower level features a full bath, wet bar area, and a great recreation room complete with pool table for hours of fun. The second floor houses 3 spacious bedrooms, one has an en suite bath and could be used as a second primary suite. Third floor has a beautiful primary bedroom, full 4 piece bathroom and double vanities, and a fantastic walk in closet fully decked out with organizers for all your clothing. Two other rooms have flexibility to be used as bedrooms, home gym, office space, craft room, you name it! There is also a second walk in closet fully stubbed to be a 4th full bath should you want to add another bathroom. The back deck begins with a screened in porch, and then opens to a spacious outdoor deck for a serene space to take in the beauty of the almost full acre of landscaping and greenery. There is also a shed out back for all the garden equipment and backyard toys you want! This home is so conveniently located near I-94, and also with close proximity to downtown Libertyville and all it has to offer. Located in the Blue Ribbon Award winning Rondout Elementary and Libertyville High School districts, this home truly has it all!

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Living Area: 4,474 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (847) 362-7300
  • Listing Agent: Juliet Towne

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.91 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Zoned
  • Cooling: Central Air, Zoned

School Info

Assigned Schools Information:

  • Libertyville High School, Public District Grades 9-12
  • Rondout Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: St. Mary's Rd and Route 176, North on St. Mary's to Margate, East on Margate to property address

Price Information

Listing Price Info

Price Summary:

  • List Price: $775,000
  • Price Per SqFt: $173/SqFt

Tax Information:

  • Annual Amount: $13,349
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Libertyville, IL.

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Libertyville, IL

City

Med. Sold Price

$540.7K

Med. Price/SqFt

$221

Avg. Days On Market

14

# of Sold Homes

33

1460 Margate Ln vs Libertyville

16 DAYS ON ROCKET

+2 Days

$775,000

+$234.2K More

$173/SqFt

-$48 Less

KEY TAKEAWAY

This property is $234.2K more than the Median Sold Price and $48/SqFt less than other homes in Libertyville, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12051968

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (847) 362-7300
  • Listing Agent: Juliet Towne

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/31/2024, 11:15:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$13,349$220,189
2019$13,349$218,096
2018$12,489$219,488
2017$12,490$212,559

History based on county public records data.

Payment Calculator

$3,935

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,390

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-5909188
9
/10

  • Rondout Elementary School

  • 28593 N Bradley Rd

  • 0.85 miles

  • Public District Grades KG-8

High School

school-card-donut-5909189
10
/10

  • Libertyville High School

  • 708 W Park Ave

  • 2.33 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $196,311. Most Libertyville, IL residents have annual incomes $200k+. Typical family type is married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1460 Margate Ln

What is the listing price of this property?

The listing price of 1460 Margate Ln property is $775,000.

What type of property is this?

The property 1460 Margate Ln is a house located in Libertyville, Illinois, 60048.

Is this property for sale now?

Active Listing: 1460 Margate Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1460 Margate Ln are:
Rondout Elementary School: GreatSchools Rating 9/10
Libertyville High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $13,349 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1460 Margate Ln has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 1460 Margate Ln is 4,474 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1460 Margate Ln is 1965.

Rocket Homes›Illinois›Lake County›Libertyville›60048›1460 Margate Ln

This home is located at 1460 Margate Ln in Libertyville, IL and zip code 60048 in the Thornbury Village Estates neighborhood. This 4,474 square foot home, which was built in 1965, sits on a 0.91 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $775,000.

Over 15 listings were sold over their listed price in April 2024 in Libertyville, IL. In the same period over 11 listings were sold below the listed price and 7 listings were sold for the listed price. Between March 2024 and April 2024, Libertyville, IL real estate market has seen increase in the number of listings by 30.1%. In April 2024 median list price was $540,750 and the average listing age was 14 days.

From Rocket Homes Real Estate and based on county public records data.

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