1031 Olmsted Dr Lake Forest, IL 60045
Estimated Value: $1,800,662 - $2,204,000
4
Beds
6
Baths
3,793
Sq Ft
$517/Sq Ft
Est. Value
Highlights
- Fireplace in Primary Bedroom
- Recreation Room
- Whirlpool Bathtub
- Deer Path Middle School East Rated A
- Wood Flooring
- Home Office
About This Home
As of November 2022Welcome to this home in coveted Middlefork Farms down the street from Elawa Farm and Lake Forest Open Lands. This wonderful, light-filled home offers Brazilian cherry floors, an open floor plan and wonderful finished basement. The foyer welcomes you into the home with a handsome library, a white kitchen boasting a generous eating area and a large open living, dining and family room area. A gracious Primary Suite with fireplace is perfect for relaxing at the end of the day and three additional bedrooms and two full baths complete the second floor. The basement features oversized, landscaped window wells allowing natural light galore into the lower level. Additionally, it offers a large recreation room with fireplace, bedroom, full bath, office and plenty of storage. The professionally landscaped backyard offers a gorgeous patio, lots of open green space and is has evergreens and trees bordering the lot. A charming side patio is the perfect place to sit and overlook the Oak savannah. Trees, flowers, shrubs, grasses abound making it a nature lover's paradise! Plenty of room for a pool! Many new updates makes this the home you've been waiting for!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475136496 Listed on: 08/19/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,322
Year Built
- Built in 2004
Lot Details
- 0.46 Acre Lot
- Lot Dimensions are 100x202
- Paved or Partially Paved Lot
HOA Fees
- $100 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Shake Roof
- Concrete Perimeter Foundation
- Cedar
Interior Spaces
- 3,793 Sq Ft Home
- 2-Story Property
- Wet Bar
- Bar Fridge
- Ceiling Fan
- Gas Log Fireplace
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Breakfast Room
- Formal Dining Room
- Home Office
- Recreation Room
- Home Gym
- Wood Flooring
Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Potential Bedrooms
- Fireplace in Primary Bedroom
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Finished Basement Bathroom
Home Security
- Home Security System
- Carbon Monoxide Detectors
Outdoor Features
- Patio
Schools
- Everett Elementary School
- Deer Path Middle School
- Lake Forest High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- Association fees include insurance
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2022
Closed on
Nov 7, 2022
Sold by
Mendelson Revocable Living Trust
Bought by
Bedard Family 2019 Trust
Seller's Agent
Andra O'Neill
@properties Christie's International Real Estate
Buyer's Agent
Jordan Winkler
Berkshire Hathaway HomeServices Chicago
List Price
$1,599,000
Sold Price
$1,575,000
Premium/Discount to List
-$24,000
-1.5%
Total Days on Market
3
Views
87
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,166
Avg. Annual Appreciation
8.86%
Original Mortgage
$1,000,000
Outstanding Balance
$965,680
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$993,486
Purchase Details
Closed on
Dec 28, 2016
Sold by
Mendelson Steven T and Mendelson Colette M
Bought by
Mendelson Steven Todd and Mendelson Colette Moreno
Purchase Details
Closed on
Jun 14, 2011
Sold by
Liepmann Holger A and Liepmann Lorraine
Bought by
Mendelson Steven T and Mendelson Colette M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
4.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 17, 2004
Sold by
C & C Investments Llc
Bought by
Liepmann Holger A and Liepmann Lorraine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 27, 2002
Sold by
The Preserve Of Middlefork Farm Ltd
Bought by
C & C Investments Llc
Similar Homes in Lake Forest, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bedard Family 2019 Trust | $1,575,000 | Placer Title | |
| Mendelson Steven Todd | -- | Attorney | |
| Mendelson Steven T | $1,237,500 | Chicago Title Insurance Co | |
| Liepmann Holger A | $1,475,000 | Chicago Title Insurance Comp | |
| C & C Investments Llc | $350,000 | Premier Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bedard Family 2019 Trust | $1,000,000 | |
| Previous Owner | Mendelson Revocable Living Tru | $695,000 | |
| Previous Owner | Mendelson Steven T | $846,400 | |
| Previous Owner | Mendlson Steven T | $920,000 | |
| Previous Owner | Mendelson Steven T | $990,000 | |
| Previous Owner | Mendelson Steven T | $990,000 | |
| Previous Owner | Liepmann Holger A | $1,000,000 | |
| Previous Owner | Liepmann Holger A | $1,000,000 | |
| Previous Owner | Liepmann Holger A | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/07/2022 11/07/22 | Sold | $1,575,000 | -1.5% | $415 / Sq Ft |
| 08/23/2022 08/23/22 | Pending | -- | -- | -- |
| 08/19/2022 08/19/22 | For Sale | $1,599,000 | -- | $422 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $30,953 | $541,866 | $129,285 | $412,581 |
| 2023 | $27,075 | $499,508 | $119,179 | $380,329 |
| 2022 | $27,075 | $454,087 | $108,342 | $345,745 |
| 2021 | $26,322 | $450,171 | $107,408 | $342,763 |
| 2020 | $25,734 | $452,661 | $108,002 | $344,659 |
| 2019 | $26,183 | $475,456 | $106,019 | $369,437 |
| 2018 | $24,091 | $467,737 | $116,142 | $351,595 |
| 2017 | $23,686 | $459,919 | $114,201 | $345,718 |
| 2016 | $23,880 | $498,944 | $108,701 | $390,243 |
| 2015 | $25,620 | $469,815 | $102,355 | $367,460 |
| 2014 | $20,822 | $376,818 | $91,895 | $284,923 |
| 2012 | $20,177 | $380,087 | $92,692 | $287,395 |
Source: Public Records
Agents Affiliated with this Home
-
Andra O'Neill
Seller's Agent in 2022
Andra O'Neill
@ Properties
(847) 650-9093
238 Total Sales
-
Jordan Winkler
Buyer's Agent in 2022
Jordan Winkler
Berkshire Hathaway HomeServices Chicago
24 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11460645
APN: 12-30-401-028
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