NOT LISTED FOR SALE

1040 W Anna Ln Lake Forest, IL 60045

Estimated Value: $540,750 - $575,000

1.26 Acres
$444,113 Price per Acre
54,886 Sq Ft Lot

Last Sold June 06, 2022

Last sale price $465,177

Est. 20% increase in value since last sale

Current estimated payment $3,869/month

Highlights

  • 1.26 Acre Lot
  • Everett Elementary School Rated A
  • Cul-De-Sac

About This Lot

As of June 2022

UNDER CONTRACT BEFORE PROCESSING. Set just beyond a rise on a country road, the entrance to Anna Lane and the Serena Woods subdivision is accented by dry-stacked stone walls and lush landscaping. Follow the curving lane into the wooded and quiet cul de sac to discover your chance to purchase the last homesite on Anna Lane, in a neighborhood of stunning, multi-million dollar newer homes. This premium lot is framed by towering trees, with a more open central area to accommodate your new home. Your views across the cul de sac are of a beautiful pond and other elegant homes. Enjoy being the last to build in the neighborhood, knowing that the other stately homes on the lane have already enhanced the value of this special enclave. It's a priceless setting at an amazingly affordable price! Note: An ADDED VALUE: The "Parks" Impact Fees due to the City from buyers have BEEN PRE-PAID on this lot -- recognizing a savings to a future owner of approximately $15,667.65 -- per the City of Lake Forest. (Impact fees are due at the time a building permit is issued.) ANOTHER ADDED VALUE: Soil Borings were already performed and can be shared with a buyer. The survey for this lot is posted under the "Additional Information" tab at the top right. Thanks!

Last Agent to Sell the Property

Deborah Fischer

Berkshire Hathaway HomeServices Chicago License #475148419 Listed on: 05/11/2022

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Dana Pierson-Emering

@properties Christie's International Real Estate License #475127524

@properties Christie's International Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,152

Lot Details

  • 1.26 Acre Lot
  • Lot Dimensions are 55 x 215 x 293 x 113 x 311
  • Cul-De-Sac
  • Property is zoned SINGL

Schools

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

Utilities

  • Electricity To Lot Line
  • Gas Available

Community Details

  • Serena Woods Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$9,152

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • Subdivision Name: Serena Woods
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 55
  • Frontage Type: City Street
  • List Price: 485000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site

Schools

  • Elementary School: Everett 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: 1.26
  • Lot Dimensions: 55 X 215 X 293 X 113 X 311
  • Zoning: SINGL
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N
  • Land Amenities: Curbs and Gutters
  • Estimated Land Sq Ft: 55000
  • Land Description: Level,Wooded
  • Total Listed Lots Avail: 1

Rental Info

  • Board Number: 2

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 9151.98
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2022
Sold by
Tomasino Craig and Tomasino Jennifer
Bought by
Tomasino Family Trust
Current Estimated Value
$559,583

Purchase Details

Listed on
Dec 11, 2013
Closed on
May 20, 2015
Sold by
Bb Development Xix Llc
Bought by
1040 Anna Lane Llc
Seller's Agent
Shelley Lurie
Engel & Voelkers Chicago North Shore
Buyer's Agent
Deborah Fischer
Berkshire Hathaway HomeServices Chicago
List Price
$795,000
Sold Price
$525,000
Premium/Discount to List
-$270,000
-33.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.62%

Purchase Details

Closed on
Nov 29, 2013
Sold by
Gandhi Dinesh
Bought by
Bb Development Xix Llc

Purchase Details

Closed on
Nov 11, 2005
Sold by
Legacy Custom Homes Llc
Bought by
Gandhi Dinesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
7.62%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tomasino Family Trust -- None Listed On Document
1040 Anna Lane Llc $525,000 None Available
Bb Development Xix Llc -- First American Title
Gandhi Dinesh $1,265,000 St
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tomasino Craig $1,920,000
Previous Owner Gandhi Dinesh R $1,390,000
Previous Owner Gandhi Dinesh $2,300,000
Previous Owner Legacy Custom Homes Llc $2,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $465,177 -4.1% --
06/06/2022 06/06/22 For Sale $485,000 -7.6% --
05/12/2022 05/12/22 Pending -- -- --
05/27/2015 05/27/15 Sold $525,000 -34.0% --
04/21/2015 04/21/15 Pending -- -- --
12/11/2013 12/11/13 For Sale $795,000 -- --
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 $9,843 $163,775 $163,775 --
2023 $9,843 $157,174 $157,174 --
2022 $9,947 $165,539 $165,539 $0
2021 $9,410 $159,602 $159,602 $0
2020 $9,166 $159,938 $159,938 $0
2019 $8,871 $159,667 $159,667 $0
2018 $8,851 $169,234 $169,234 $0
2017 $8,772 $168,694 $168,694 $0
2016 $8,509 $162,315 $162,315 $0
2015 $8,374 $152,509 $152,509 $0
2014 $8,334 $153,600 $153,600 $0
2012 $8,042 $152,245 $152,245 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11426049

Midwest Real Estate Data (MRED)

APN: 16-18-203-044