505 Lange Ct
This analysis was generated on 6/29/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:00Property Overview
Current Price
$649,000
Estimated Range
$620,000 - $640,000
*AI analysis for entertainment only - not professional appraisal. Consult licensed professionals for property valuations.*
Market Data Points
4 data points for educational exploration
*Educational market data analysis only. Consult licensed real estate professionals for negotiation strategies and market advice.*
AI Suggested Range (Entertainment Only)
AI Rationale
The offer reflects necessary repairs and the seller's potential motivation. The competitive market and below-average days on market balance the negotiation, but the seller's price reduction indicates flexibility.
*AI scoring for entertainment purposes only. Scores are subjective and not professional evaluations. Consult professionals for property assessments.*
Visual Insights
AI-analyzed spaces with reimagining capabilities
Worn Carpet
The carpet throughout the living spaces and bedrooms appears worn and dated, affecting the overall aesthetic.
Renovation Assessment
Prioritized renovations based on property inspection and market impact.
High Priority Renovations
Kitchen Renovation
Note: these are rough estimates. For more accurate estimates, please contact a professional.
Ownership History
Previous ownership changes and transaction details
Pricing History
Historical pricing trends for this property
Monthly Costs
Interactive breakdown of estimated monthly expenses
Upfront Transaction Costs
Estimated costs due at closing, including down payment and fees
* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.
** Buyer agent fees are negotiable and may sometimes be covered by the seller.
Buyer Power Index
*Market analysis for entertainment purposes only. Historical data may not predict future performance. Consult real estate professionals for market guidance.*
Price Trajectory
*Historical price trends for educational purposes only. Past performance does not predict future results. Consult professionals for market forecasts.*
Historical Market Pulse
Key metrics over time, revealing market momentum and patterns
Negotiation Insight
Home prices increasing 18.5% over the past 3 months suggests stronger seller position.
Subject Property
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$587,523
Your price is 10.5% above average
Median Price
$530,000
Based on 6 recent sales
Price per Sq.Ft
$358
Your price is 4.4% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 319 Elm Court, Libertyville, IL 60048 | $1,000,000 | 1,745 | 3 | 2 | $57353.3% | 5/15/2025 |
| 319 Ames Street, Libertyville, IL 60048 | $675,000 | 1,567 | 3 | 2 | $43115.2% | 6/16/2025 |
| 425 E Austin Avenue, Libertyville, IL 60048 | $425,000 | 1,704 | 3 | 2 | $24933.3% | 4/24/2025 |
| 523 Buckingham Place, Libertyville, IL 60048 | $530,000 | 1,775 | 3 | 2 | $29920.1% | 4/22/2025 |
| 401 7th Avenue, Libertyville, IL 60048 | $390,140 | 1,573 | 3 | 2 | $24833.7% | 4/4/2025 |
| 130 3rd Street, Libertyville, IL 60048 | $505,000 | 1,450 | 4 | 2 | $3486.8% | 4/19/2025 |
Schools
Details about nearby schools in this area
Climate Risks
Assessment of climate-related hazards for this property
Moderate Risk Profile
This property has 0 severe, 0 major, and 1 moderate risk factors
Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.
Sunlight Analysis
Data provided by Shadowmap
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Educational Tour Ideas
Educational suggestions for property tours
Inspect the newly remodeled bathroom for proper ventilation and signs of moisture
Thoroughly inspect the roof, paying close attention to the areas around vents and downspouts
Educational Questions
Sample questions for educational purposes
Can you provide documentation for all the 'newer' improvements mentioned in the listing, including dates of installation and warranty information?
Were there any specific reasons for the roof replacement, such as leaks or storm damage? If so, can you provide any documentation related to the prior damage?
Educational suggestions only. Consult licensed real estate professionals, home inspectors, and your agent for professional guidance on property tours and inspections.
Property Discussion
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