Seller's Agent in 2020
Marina Carney
Compass
(847) 274-5566
116 in this area
167 Total Sales
1050 E Illinois Rd Lake Forest, IL 60045
Estimated Value: $2,275,017 - $3,722,000
5
Beds
6
Baths
5,800
Sq Ft
$535/Sq Ft
Est. Value
Highlights
- 1.33 Acre Lot
- Landscaped Professionally
- Vaulted Ceiling
- Sheridan Elementary School Rated A
- Fireplace in Primary Bedroom
- Wood Flooring
About This Home
As of September 2020This sophisticated 15 room, 5 bedroom, 4.1 bath, home offers a wonderful floor plan, a guest house, 5 1/2 car garage, newer Gourmet kitchen, family room & breakfast area w/walnut floors, exquisite lighting & amazing architectural details throughout. This home features all new forced air HVAC system, newly renovated baths and stunning style throughout! Enter through the enchanting inner courtyard garden to this stunning and newly renovated (2016) home designed by Walter Frazier. This home epitomizes understated elegance from the front gate into the front entrance hall with its reclaimed marble floor with deckle edge, one senses timeless perfection. The living room is adorned by a richly paneled bookcase wall and an expansive window seat and a cozy fireplace. Enjoy lake breezes in the screened porch which adjoins the dining room. An updated butler's pantry connects the newly renovated kitchen and family room areas to the dining room. The new mudroom with lockers and powder room compliment the attached heated garage. The spacious Master Bedroom with a renovated bathroom and restored dressing room, are unparalleled. A Jack and Jill renovated bath services 2 gracious bedrooms. The 4th bedroom, is en-suite also with a renovated bath is as handsome as it is functional. A new 2nd floor powder room services the office/playroom and laundry. A separate 3 car garage/renovated Coachhouse 1 bed/bath is an added bonus. Private, professionally landscaped grounds w/ amazing views of the lovely gardens, reflecting pool & ravine and a lovely large yard with ample room for play set, trampoline and fire pit.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,752
Year Built
- Built in 1928 | Remodeled in 2016
Lot Details
- 1.33 Acre Lot
- Lot Dimensions are 200x162x42x130x46x10x65x66x67x68x67x66x45x66x45
- Fenced Yard
- Landscaped Professionally
- Paved or Partially Paved Lot
- Irregular Lot
- Sprinkler System
Parking
- 5.1 Car Garage
- Heated Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Tile Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,800 Sq Ft Home
- 2-Story Property
- Dry Bar
- Vaulted Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Entrance Foyer
- Family Room with Fireplace
- 4 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Library
- Workshop
- Screened Porch
- Lower Floor Utility Room
- Storage Room
- Utility Room with Study Area
- Wood Flooring
Kitchen
- Range
- Microwave
- High End Refrigerator
- Dishwasher
- Wine Refrigerator
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Fireplace in Primary Bedroom
- Bathroom on Main Level
- Dual Sinks
- Separate Shower
Laundry
- Laundry Room
- Laundry in multiple locations
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Sump Pump
Home Security
- Home Security System
- Storm Screens
- Carbon Monoxide Detectors
Eco-Friendly Details
- Air Purifier
Outdoor Features
- Balcony
- Patio
Schools
- Sheridan Elementary School
- Deer Path Middle School
- Lake Forest High School
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
- Radiant Heating System
- 200+ Amp Service
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2019
Closed on
Sep 14, 2020
Sold by
Mcdougall John W and The Wentworth Caldwell Living
Bought by
Spencer George and Spencer Catherine
Seller's Agent
Marina Carney
Compass
Buyer's Agent
Andrew Mrowiec
Compass
List Price
$2,895,000
Sold Price
$2,400,000
Premium/Discount to List
-$495,000
-17.1%
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
$705,504
Avg. Annual Appreciation
4.69%
Original Mortgage
$1,800,000
Outstanding Balance
$1,612,848
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$1,492,656
Purchase Details
Listed on
Feb 27, 2015
Closed on
Jun 15, 2016
Sold by
Waud Cornelius Byron and Waud Corinna Reeve
Bought by
Mcgovern John and Mcgovern Wentworth
Seller's Agent
Ann Lyon
@properties Christie's International Real Estate
Buyer's Agent
Marina Carney
Compass
List Price
$2,845,000
Sold Price
$2,120,000
Premium/Discount to List
-$725,000
-25.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%
Original Mortgage
$1,350,000
Interest Rate
3.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 27, 1995
Sold by
Waud Cornelius Byron and Waud Corinna Reeve
Bought by
Waud Cornelius Byron and Waud Corinna Reeve
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spencer George | $2,400,000 | None Available | |
| Mcgovern John | $2,120,000 | None Available | |
| Waud Cornelius Byron | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spencer George | $1,800,000 | |
| Previous Owner | Mcgovern John | $1,350,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/17/2020 09/17/20 | Sold | $2,400,000 | -17.1% | $414 / Sq Ft | |
| 06/05/2020 06/05/20 | Pending | -- | -- | -- | |
| 10/19/2019 10/19/19 | For Sale | $2,895,000 | +36.6% | $499 / Sq Ft | |
| 06/15/2016 06/15/16 | Sold | $2,120,000 | -22.9% | $366 / Sq Ft | View Prior Sale |
| 09/10/2015 09/10/15 | Pending | -- | -- | -- | |
| 06/08/2015 06/08/15 | Price Changed | $2,749,000 | -3.4% | $474 / Sq Ft | |
| 02/27/2015 02/27/15 | For Sale | $2,845,000 | -- | $491 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 |
|---|---|---|---|---|
| 2025 | $44,145 | $813,195 | $419,410 | $393,785 |
| 2024 | $42,788 | $746,191 | $384,852 | $361,339 |
| 2023 | $39,594 | $687,861 | $354,768 | $333,093 |
| 2022 | $39,594 | $661,738 | $341,295 | $320,443 |
| 2021 | $38,493 | $656,030 | $338,351 | $317,679 |
| 2020 | $37,632 | $659,658 | $340,222 | $319,436 |
| 2019 | $35,752 | $647,549 | $333,977 | $313,572 |
| 2018 | $40,503 | $782,883 | $447,529 | $335,354 |
| 2017 | $39,822 | $769,796 | $440,048 | $329,748 |
| 2016 | $38,516 | $732,720 | $418,854 | $313,866 |
| 2015 | $38,111 | $689,943 | $394,401 | $295,542 |
| 2014 | $36,943 | $665,664 | $360,679 | $304,985 |
| 2012 | $35,877 | $671,439 | $363,808 | $307,631 |
Source: Public Records
Agents Affiliated with this Home
-
Marina Carney
-
Andrew Mrowiec
Seller Co-Listing Agent in 2020
Andrew Mrowiec
Compass
(847) 308-2589
95 in this area
143 Total Sales
-
Ann Lyon
Seller's Agent in 2016
Ann Lyon
@ Properties
(847) 828-9991
84 in this area
141 Total Sales
-
J
Seller Co-Listing Agent in 2016
Jeanne Martini
Berkshire Hathaway HomeServices KoenigRubloff
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10553825
APN: 12-34-305-048
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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