NOT LISTED FOR SALE

1062 Valley Rd Lake Forest, IL 60045

Estimated Value: $659,000 - $744,000

3 Beds
2 Baths
1,728 Sq Ft
$407/Sq Ft Est. Value

Sale Details

Date Sold: July 22, 2021

Last sale price $450,000 $260 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,659 / mo

24 Days on Market

Highlights

  • Living Room with Fireplace
  • Attached Garage
  • Senior Tax Exemptions
  • Cherokee Elementary School Rated A

About This Home

As of July 2021

Designed by an architect for his family, this midcentury modern home has never been on the market before. Most of the original architectural details have been left untouched, truly making it a one-of-a-kind jewel in Lake Forest. Nestled on a wooded half-acre lot in H.O. Stone, the three-bedroom, two-bath home was envisioned to take advantage of its stunning natural setting. Hardwood floors, soaring beamed ceilings, geometric wall screens, clerestory windows, skylights and large picture windows overlooking the private backyard are among the signature design elements that are still sought-after today. A large great room open to the dining room has clear sight lines to the outdoors, making it an intriguing space for living and entertaining. Seamless flow can easily be achieved from this space as it connects to a deck, lush lawn and mature trees in the private backyard. Completing the main level is an eat-in kitchen, a desirable first floor primary bedroom and a full bath. The sun-drenched second floor features two bedrooms, a bath and views to the outdoors. The basement is awaiting your final vision to convert it into the recreation room of your dreams. This home is being sold 'AS IS'

Last Agent to Sell the Property

Dawn McKenna

Coldwell Banker Realty License #475122904 Listed on: 05/12/2021

Coldwell Banker Realty

Last Buyer's Agent

Daniel Mocanu

Century 21 S.G.R., Inc. License #475192540

Century 21 S.G.R., Inc.

Home Details

Home Type

  • Single Family

Year Built

  • 1960

Lot Details

  • 0.45

Parking

  • Attached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Partially Finished Basement

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1960

Lot Details

0.45 Acres

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Old Elm, West of Green Bay Road to Valley, North to 1062
  • Lot Size: 19929
  • New Construction: No
  • Ownership: Fee Simple
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1960

Interior Features

  • Appliances: Double Oven, Dishwasher, Cooktop
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • Dining Room Type: Workshop, Storage

Exterior Features

  • Exterior Building Type: Frame
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 115
  • Middle Or Junior School: Deer Path Middle School

Lot Info

  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 8125.14
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jul 22, 2021
Sold by
Murray Jean L and Donald S Murray Revocable Trus
Bought by
Herghelegiu Oana
Seller's Agent
Dawn McKenna
Coldwell Banker Realty
Buyer's Agent
Daniel Mocanu
Century 21 S.G.R., Inc.
List Price
$519,000
Sold Price
$450,000
Premium/Discount to List
-$69,000
-13.29%
Current Estimated Value
$702,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,701
Avg. Annual Appreciation
9.71%
Original Mortgage
$360,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2014
Sold by
Murray Donald S
Bought by
Donald S Murray Revocable Trust

Purchase Details

Closed on
Sep 11, 1998
Sold by
Murray Donald S and Murray Joanne K
Bought by
Murray Donald S and Murray Joanne K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Herghelegiu Oana $450,000 Burnet Title Post Closing
Donald S Murray Revocable Trust -- None Available
Murray Donald S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herghelegiu Oana $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2021 07/22/21 Sold $450,000 -13.3% $260 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $519,000 0.0% $300 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $519,000 -- $300 / 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 $10,894 $200,164 $100,759 $99,405
2024 $11,479 $190,923 $96,107 $94,816
2023 $9,822 $183,227 $92,233 $90,994
2022 $9,822 $163,353 $86,882 $76,471
2021 $9,292 $157,494 $83,766 $73,728
2020 $8,422 $157,825 $83,942 $73,883
2019 $8,145 $157,558 $83,800 $73,758
2018 $8,672 $176,857 $88,028 $88,829
2017 $8,586 $176,293 $87,747 $88,546
2016 $8,307 $169,627 $84,429 $85,198
2015 $8,147 $159,379 $79,328 $80,051
2014 $7,931 $157,277 $79,897 $77,380
2012 $7,728 $155,889 $79,192 $76,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10996806

Midwest Real Estate Data (MRED)

APN: 16-09-114-017

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