NOT LISTED FOR SALE

1020 N Sheridan Rd Lake Forest, IL 60045

Estimated Value: $2,217,048 - $2,504,000

4 Beds
4.5 Baths
4,658 Sq Ft
$506/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $1,810,000 $389 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $14,922/month

66 Days on Market

Highlights

  • In Ground Pool
  • Heated Floors
  • Open Floorplan
  • Sheridan Elementary School Rated A
  • 0.92 Acre Lot
  • Landscaped Professionally

About This Home

As of September 2022

Prime East Lake Forest location within the Historical District. Walk to Market Square, Train, Schools, Beach. Generously sized family, entertainment, and work from home spaces. Traditional red brick Georgian by Charles Page. Professionally landscaped nearly one acre lot has numerous mature oak and hickory trees. Private fenced in backyard has limestone patio, inground pool, and large open space. New cedar shake roof 2021. 20kw Generac backup house generator. 3 car attached garage, circular driveway, off street parking for 15+ guest cars. Recently updated inside and out via a comprehensive 2008 rehab. Highlights include Kitchen open to huge 28x23 Family Room, custom millwork and built in features, Woodmode custom cabinetry throughout, 2 wet bars, Wolf 48" range (gas burners, electric ovens), Sub Zero refrigerator/freezer, Sub Zero 132 bottle wine refrigerator, Marvin windows throughout. First floor 135" (screen diagonal) projection home theater is included. Plus so much more to see when you tour this move in ready home!

Last Agent to Sell the Property

Richard Brandel

Exclusive Buyer Brokers LLC License #471000862 Listed on: 05/26/2022

Last Buyer's Agent

Matt Leutheuser

Jameson Sotheby's Intl Realty License #475145245

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,181

Year Built

  • Built in 1975 | Remodeled in 2008

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 250x137x218x204
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,658 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bookcases
  • Bar Fridge
  • Historic or Period Millwork
  • Beamed Ceilings
  • Coffered Ceiling
  • Ceiling height of 10 feet or more
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • ENERGY STAR Qualified Windows
  • Blinds
  • Stained Glass
  • Window Screens
  • French Doors
  • Mud Room
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Library with Fireplace
  • Recreation Room
  • Storage Room
  • Unfinished Attic

Kitchen

  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower
  • Solar Tube

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Partially Finished Basement

  • Partial Basement
  • Sump Pump

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Sheridan Elementary School
  • Deer Path Middle School
  • Lake Forest High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • 400 Amp
  • Power Generator
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • East Lake Forest Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,181

Year Built

Built in 1975 | Remodeled in 2008

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Georgian
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: East Lake Forest
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2008
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2008

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Wine Refrigerator, Range Hood, ENERGY STAR Qualified Appliances, Front Controls on Range/Cooktop, Gas Cooktop, Electric Oven, Range Hood
  • Basement: Partial
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter
  • Fireplaces: 3
  • Interior Amenities: Skylight(s), Bar-Wet, Hardwood Floors, Heated Floors, Solar Tubes/Light Tubes, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Ceiling - 10 Foot, Ceiling - 9 Foot, Coffered Ceiling(s), Beamed Ceilings, Open Floorplan, Special Millwork, Drapes/Blinds, Granite Counters, Separate Dining Room
  • LivingArea: 4658
  • Other Equipment: TV-Cable, Security System, CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;, Generator
  • Room Type: Library, Mud Room, Recreation Room, Storage
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room,Den/Library
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Door Features: French Doors
  • Window Features: ENERGY STAR Qualified Windows,Screens,Skylight(s),Some Stained Glass
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, In Ground Pool
  • Foundation Details: Concrete Perimeter
  • List Price: 1999000
  • Lot Features: Fenced Yard, Landscaped, Mature Trees
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt,Circular
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, Service - 400 Amp or Greater
  • Heating: Natural Gas, Forced Air, Zoned
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Sheridan Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Deer Path Middle School
  • Middle/Junior School District: 67

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.92
  • Lot Dimensions: 250X137X218X204
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 26181
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Aug 25, 2022
Sold by
Xlvii-R Trust
Bought by
Miglieri David and Miglieri Linda
Seller's Agent
Richard Brandel
Exclusive Buyer Brokers LLC
Buyer's Agent
Matt Leutheuser
Jameson Sotheby's Intl Realty
List Price
$2,199,000
Sold Price
$1,810,000
Premium/Discount to List
-$389,000
-17.69%
Current Estimated Value
$2,356,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$546,262
Avg. Annual Appreciation
8.85%
Original Mortgage
$750,000
Outstanding Balance
$710,879
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,645,383

Purchase Details

Closed on
Sep 1, 2021
Sold by
Brandel Richard A and Brandel Elizabeth L
Bought by
Xlvii-R Trust and Xlvii-E Trust

Purchase Details

Closed on
Jan 18, 2008
Sold by
Jacobs Leo I and Jacobs Patricia B
Bought by
Brandel Richard A and Brandel Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2006
Sold by
Jacobs Leo I and Jacobs Patricia B
Bought by
Jacobs Leo I and Jacobs Patricia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,300
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Miglieri David $1,810,000 First American Title
Xlvii-R Trust -- None Listed On Document
Brandel Richard A $1,560,000 None Available
Jacobs Leo I -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miglieri David $750,000
Previous Owner Brandel Richard A $417,000
Previous Owner Jacobs Leo I $370,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2022 09/02/22 Sold $1,810,000 -9.5% $389 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
06/21/2022 06/21/22 Price Changed $1,999,000 -4.8% $429 / Sq Ft
06/06/2022 06/06/22 Price Changed $2,099,000 -4.5% $451 / Sq Ft
05/26/2022 05/26/22 For Sale $2,199,000 -- $472 / 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 $29,148 $536,646 $245,729 $290,917
2023 $27,547 $471,139 $215,733 $255,406
2022 $27,547 $462,222 $211,650 $250,572
2021 $26,780 $458,236 $209,825 $248,411
2020 $26,181 $460,770 $210,985 $249,785
2019 $24,873 $452,312 $207,112 $245,200
2018 $15,399 $538,380 $276,557 $261,823
2017 $27,287 $529,380 $271,934 $257,446
2016 $26,172 $503,884 $258,837 $245,047
2015 $25,877 $474,467 $243,726 $230,741
2014 $31,786 $578,693 $218,817 $359,876
2012 $31,150 $583,713 $220,715 $362,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11416089

Midwest Real Estate Data (MRED)

APN: 12-28-406-011