NOT LISTED FOR SALE

1041 Olmsted Dr Lake Forest, IL 60045

Estimated Value: $2,011,000 - $2,247,000

5 Beds
7 Baths
3,792 Sq Ft
$557/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $1,325,000 $349 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $14,850/month

325 Days on Market

Highlights

  • Home Theater
  • Landscaped Professionally
  • Recreation Room
  • Deer Path Middle School East Rated A
  • Property is near a park
  • Wood Flooring

About This Home

As of January 2020

Exceptional Nantucket shingle style home with details you love both inside and out! First you will notice the exterior with crisp white trim, chippendale balcony design, 3 fabulous stone fireplaces, beautiful divided light windows and lush landscaping! You are welcomed to a beautiful entry foyer giving first impressions of the quality you will find. 10ft ceilings and gorgeous hardwood floors throughout first floor. Living room/library with built-ins, fireplace and box-beamed ceiling. Separate DR. FR with fireplace, box-beamed ceiling and access to screened porch. Excellent white kitchen with hearth room and butler's pantry. Black honed granite counters, Dacor ovens, Wolf range, Fisher Paykel DW. Gorgeous master with spa bath, two walk-in closets and upstairs deck. All bedrooms have ensuite baths. Second floor laundry. Bsmt with super tall ceilings, great bar, rec room, media room and 5th BR & bth. Fully fenced backyard. This home is a 10+. Come see the magic of Middlefork!

Last Agent to Sell the Property

Nancy Adelman

Compass License #475123518 Listed on: 02/21/2019

Compass

Last Buyer's Agent

Elizabeth Wieneke

Compass License #475127499

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,735

Year Built

  • 2007

Lot Details

  • Fenced Yard
  • Landscaped Professionally

HOA Fees

  • $100 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Wood Shingle Roof
  • Stone Siding
  • Cedar

Interior Spaces

  • Wet Bar
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Breakfast Room
  • Home Theater
  • Recreation Room
  • Screened Porch
  • Wood Flooring
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near a park
  • Property is near a forest

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,735

Year Built

2007

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 11-15 Years
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 5.2
  • Type Detached: 2 Stories
  • Estimated Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors, 2nd Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 12
  • Living Room: Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances, Cooktop
  • Equipment: Humidifier, Central Vacuum, Security System, Ceiling Fan, Sump Pump, Sprinkler-Lawn
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Family Room, Living Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X8, On Level: 2nd Level, Flooring: Slate, Windows: None
  • Dining Room: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Kitchen Type: Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Butler, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Recreation Room, Theatre Room, Breakfast Room, Foyer, Enclosed Porch
  • Master Bedroom: Dimensions: 18X14, On Level: 2nd Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X12, On Level: Basement, Flooring: Carpet, Windows: Plantation Shutters
  • Additional Room 2 Name: Recreation Rm, Dimensions: 19X16, On Level: Basement, Flooring: Carpet, Windows: Plantation Shutters
  • Bedroom 2: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 3 Name: Theater Rm, Dimensions: 17X13, On Level: Basement, Flooring: Carpet, Windows: Plantation Shutters
  • Bedroom 3: Dimensions: 15X13, On Level: 2nd Level, Flooring: Carpet, Windows: Plantation Shutters
  • Additional Room 4 Name: Breakfast Rm, Dimensions: 15X13, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Bedroom 4: Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet, Windows: Plantation Shutters
  • Additional Room 5 Name: Foyer, Dimensions: 20X7, On Level: Main Level, Flooring: Hardwood
  • Additional Room 6 Name: Enclosed Porch, Dimensions: 13X11, On Level: Main Level
  • Additional Room 7 Name: Bar, Dimensions: 8X10, On Level: Basement, Windows: Plantation Shutters
  • Estimated Sq Ft: 3792
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X17, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar, Stone
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Balcony, Patio, Porch Screened
  • Acreage: 0.46

Garage/Parking

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

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Zoned

Condo/Co-op/Association

  • Fee Frequency: Quarterly
  • Assessment Includes: Common Insurance
  • Special Assessments: Y
  • Assessment Association Fees: 300

Schools

  • School District: 115
  • Elementary School: Everett Elementary School
  • Middle School: Deer Path Middle School
  • High School: Lake Forest High School
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 100X200
  • Lot Description: Fenced Yard, Forest Preserve Adjacent, Landscaped Professionally, Park Adjacent
  • Parcel Identification Number: 12304010270000

Tax Info

  • Taxes: 27682.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2019
Closed on
Jan 24, 2020
Sold by
Baumeister Bryan H and Baumeister Anastasia M
Bought by
Mancuso Adam Mccarthy and Mancuso Shayna Ah
Seller's Agent
Nancy Adelman
Compass
Buyer's Agent
Elizabeth Wieneke
Compass
List Price
$1,595,000
Sold Price
$1,325,000
Premium/Discount to List
-$270,000
-16.93%
Total Days on Market
325
Current Estimated Value
$2,111,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$786,981
Avg. Annual Appreciation
8.46%
Original Mortgage
$1,060,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2007
Sold by
Dakis Joseph and Dakis Laura
Bought by
Baumeister Bryan H and Baumeister Anastasia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,442,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2001
Sold by
The Preserve At Middlefork Farm Ltd
Bought by
Dakis Joseph and Dakis Laura
Source: Public Records

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Range of Values:

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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
Mancuso Adam Mccarthy $1,325,000 Chicago Title
Baumeister Bryan H $2,200,000 Chicago Title Insurance Co
Dakis Joseph $350,000 Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mancuso Adam Mccarthy $1,051,000
Closed Mancuso Adam Mccarthy $1,060,000
Previous Owner Baumeister Bryan H $1,442,000
Previous Owner Dakis Joseph $1,575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $1,325,000 -11.4% $349 / Sq Ft
01/12/2020 01/12/20 Pending -- -- --
06/03/2019 06/03/19 Price Changed $1,495,000 -6.3% $394 / Sq Ft
02/21/2019 02/21/19 For Sale $1,595,000 -- $421 / 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 $34,735 $598,386 $126,518 $471,868
2023 $34,735 $551,610 $116,628 $434,982
2022 $30,297 $501,451 $106,023 $395,428
2021 $29,458 $497,126 $105,109 $392,017
2020 $30,205 $524,336 $105,706 $418,630
2019 $28,699 $514,711 $103,766 $410,945
2018 $14,921 $521,837 $113,674 $408,163
2017 $26,771 $513,114 $111,774 $401,340
2016 $25,693 $530,847 $106,391 $424,456
2015 $27,611 $499,856 $100,180 $399,676
2014 $22,181 $399,680 $89,942 $309,738
2012 $21,725 $403,147 $90,722 $312,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10278807

Midwest Real Estate Data (MRED)

APN: 12-30-401-027