NOT LISTED FOR SALE

1040 S Green Bay Rd Lake Forest, IL 60045

Estimated Value: $1,101,000 - $1,222,000

5 Beds
3 Baths
3,091 Sq Ft
$375/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $985,000 $319 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,329/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Heated Sun or Florida Room
  • Cherokee Elementary School Rated A
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of May 2022

Prepare to be WOWED as you enter this meticulous home with custom updates and stylish one-of-a-kind accents! With its incredible character and charm paired with many numerous custom updates, this home is move-in ready! Enter the home through custom mahogany arched, raised panel doors with double pain insulated tempered glass. The kitchen boasts a gorgeous island, SS high-end appliances, walk-in pantry, an abundance of custom cabinetry with beautiful hardware, seamless Mother of Pearl quartzite countertops, and a large eating area nestled off to the side with additional custom cabinetry, and recessed lighting. As if the kitchen didn't impress you enough, wait until you see the Family Room with shiplap panels and a custom coffered ceiling that is accented by the recessed lights! The one-of-a-kind raised hearth gas fireplace is surrounded by Wisconsin limestone! The Butler's Pantry is an unexpected bonus for entertaining and has a built-in beverage fridge! The gleaming hardwood floors throughout are impressive and are framed by 7 inch high baseboards on the first floor! An extra-large Dining Room is currently being used as an office and has French doors that lead into a wonderful sunroom surrounded by windows providing a great view of the backyard. The massive 1St floor bedroom is situated next to a full bathroom with a glass shower, and can also be used as a playroom since it is close to the hub of the home's daily activities. Off the kitchen there are French doors to a big, beautiful laundry room with a large capacity washer/dryer, plenty of storage cabinets, and coat closet! The stairway and upstairs hallway are lined with beautiful wainscotting that is highlighted by recessed lighting. The spectacular 2nd floor spacious primary suite Get-A-Way has a beautiful custom LUXURY BATHROOM. Noteworthy features include a curbless shower, designer tile, and a double vanity with Carrara marble top! There are 4 spacious bedrooms on the 2nd floor, and a hall bathroom with custom marble floor tile! The garage is MASSIVE with the ability for lots of storage, as a workshop area, or to fit four compact cars in a tandem arrangement! The huge, fenced, beautiful backyard goes all the way to scenic Waveland Ave with uninterrupted views as there is no adjacent house to the back. All the years of love for gardening show the amazing plantings throughout the front and backyards! Don't miss out on this opportunity! This home is close to Cherokee Elementary School, 1 mile from train station and is conveniently located to bike trails and 41.

Last Agent to Sell the Property

Maureen O'Grady-Tuohy

Berkshire Hathaway HomeServices Chicago License #475094236 Listed on: 03/18/2022

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Patrick Milhaupt

Jameson Sotheby's International Realty License #475182744

Jameson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,812

Year Built

  • Built in 1953

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 89x244x90x218

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 3,091 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Historic or Period Millwork
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Heated Sun or Florida Room
  • Wood Flooring
  • Breakfast Bar

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Cherokee 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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,812

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1953
  • 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: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Bookcases, Special Millwork
  • LivingArea: 3091
  • Room Type: Eating Area, Foyer, Heated Sun Room, Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0

Exterior Features

  • List Price: 899000
  • Waterfront: No
  • Exterior Building Type: Cedar,Stone

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cherokee 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: 0.5
  • Lot Dimensions: 89X244X90X218
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 10812
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
May 16, 2022
Sold by
Wasser James R
Bought by
Kohlmeyer Kurt
Seller's Agent
Maureen O'Grady-Tuohy
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Patrick Milhaupt
Jameson Sotheby's International Realty
List Price
$899,000
Sold Price
$985,000
Premium/Discount to List
$86,000
9.57%
Current Estimated Value
$1,159,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,936
Avg. Annual Appreciation
3.89%

Purchase Details

Closed on
Dec 21, 2007
Sold by
Varri John L and Varri Helen
Bought by
Wasser James R and Wasser Karen Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.17%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Kohlmeyer Kurt $985,000 First American Title
Wasser James R $620,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wasser James R $138,000
Previous Owner Wasser James R $160,000
Previous Owner Wasser James R $155,000
Previous Owner Varri John L $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $985,000 +9.6% $319 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $899,000 -- $291 / 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 $13,791 $266,313 $95,235 $171,078
2023 $13,791 $228,195 $81,604 $146,591
2022 $12,174 $208,534 $85,928 $122,606
2021 $11,503 $201,055 $82,846 $118,209
2020 $11,205 $201,478 $83,020 $118,458
2019 $10,832 $201,136 $82,879 $118,257
2018 $11,919 $231,828 $87,844 $143,984
2017 $11,684 $231,089 $87,564 $143,525
2016 $11,322 $222,351 $84,253 $138,098
2015 $10,302 $208,918 $79,163 $129,755
2014 $10,183 $209,297 $79,730 $129,567
2012 $9,855 $207,451 $79,027 $128,424
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11351326

Midwest Real Estate Data (MRED)

APN: 16-09-112-008