$947,571 - $1,072,000
RENTED DEC 26, 2024

1076 Franz Dr Lake Forest, IL 60045

4 Beds
3.5 Baths
3,012 Sq Ft
$330 Price per Sq Ft

Last Sold July 30, 2024

Last sale price $895,000 $297 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,245/month

Highlights

  • Waterfront
  • Landscaped Professionally
  • Vaulted Ceiling
  • Everett Elementary School Rated A
  • Wooded Lot
  • Wood Flooring

About This Home

As of December 2024

Luxury townhome with a brand new roof (2024) offers breathtaking views of the tranquil and peaceful pond. Stunning open floor plan with vaulted ceilings. Updated kitchen featuring stainless steel appliances, quartzite countertops, double oven and a spacious breakfast area. Stunning hardwood floors throughout the main living areas lead to a custom bar area with marble floors and doors to the patio. A separate dining room with bay window perfect for formal dining, a cozy den providing a serene space for an office and half bath complete the first floor. Step upstairs to the second floor with loft space and skylights. The Primary Suite is complete with jacuzzi, separate shower, and ample closet space. Two additional bedrooms share a hall bath. The large, finished basement offers additional living space with a recreation room, game room, laundry area, full bath and plenty of storage. An attached two-car garage provides convenience and additional storage. Conveniently located near West Lake Forest, train and shopping. Landlord is local and will consider small (under 30 lbs) dogs with pet deposit.

Last Agent to Rent the Property

Julie Pawl

@properties Christie's International Real Estate License #475128992 Listed on: 12/02/2024

@properties Christie's International Real Estate

Last Renter's Agent

Jane Lee

RE/MAX Top Performers License #471004433

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,540

Year Built

  • Built in 1990 | Remodeled in 2019

Lot Details

  • Lot Dimensions are 32x32x32x26x45x61x8x98
  • Waterfront
  • Landscaped Professionally
  • Sprinkler System
  • Wooded Lot

Parking

  • 2.5 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,012 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Loft
  • Sun or Florida Room
  • Wood Flooring
  • Water Views
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • 200+ Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Security Deposit $6,500
  • Property Available on 8/1/24
  • Rent includes lawn care, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • 2 Units
  • Richard Sugar Association, Phone Number (847) 735-7290
  • Property managed by Lake Forest Chateau HOA

Pet Policy

  • Pets up to 30 lbs
  • Pet Deposit Required
  • Dogs Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,540

Year Built

Built in 1990 | Remodeled in 2019

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2024-08-01
  • Lease Term: 12 Months
  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 5800
  • Security Deposit: 6500
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 30

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Townhouse-2 Story
  • Property Sub-Type: Attached
  • Year Built: 1990
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2019
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Furnished: No
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 3012
  • Other Equipment: Humidifier, Intercom, CO Detectors, Ceiling Fan(s), Sump Pump, Sprinkler-Lawn, Backup Sump Pump;
  • Room Type: Breakfast Room, Loft, Foyer, Den, Sun Room
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 3012
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Steam Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3012
  • Fireplace Location: Living Room
  • Total Sq Ft: 3012
  • Main Level Sq Ft: 3012
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 5800
  • Lot Features: Corner Lot, Landscaped, Water View, Wooded
  • Roof: Shake
  • Waterfront: Yes
  • Exterior Building Type: Brick,Stucco

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Driveway: Asphalt,Brick
  • 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
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Electric, Forced Air, Steam
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Deposit Required, Dogs OK
  • Rent Includes: Lawn Care, Snow Removal
  • Management Company: Lake Forest Chateau HOA
  • Management Contact Name: Richard Sugar
  • Management Phone: 847-735-7290

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

  • Lot Dimensions: 32X32X32X26X45X61X8X98
  • Rural (Y/N): N

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Jul 31, 2024
Sold by
Patla Melvyn and Patla Ann
Bought by
Smith Charles William and Smith Michele M
Seller's Agent
Andra O'Neill
@properties Christie's International Real Estate
Buyer's Agent
Julie Pawl
@properties Christie's International Real Estate
List Price
$895,000
Sold Price
$895,000
Current Estimated Value
$992,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,643
Avg. Annual Appreciation
9.09%
Original Mortgage
$805,500
Outstanding Balance
$795,720
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$196,923

Purchase Details

Listed on
Oct 29, 2020
Closed on
Mar 17, 2021
Sold by
Margiotta Marc and Dambrosio Roxanne
Bought by
Patla Melvyn and Patla Ann
Seller's Agent
Deborah Vicini
4 Sale Realty Advantage
Buyer's Agent
Kelly McInerney
@properties Christie's International Real Estate
List Price
$635,000
Sold Price
$600,000
Premium/Discount to List
-$35,000
-5.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%
Original Mortgage
$480,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2014
Sold by
Diesi Joseph
Bought by
Roxanne Margiott Marc and Ambrosio Roxanne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Smith Charles William $895,000 Proper Title
Patla Melvyn $600,000 Attorney
Roxanne Margiott Marc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Charles William $805,500
Previous Owner Patla Melvyn $480,000
Previous Owner Roxanne Margiott Marc $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/26/2024 12/26/24 Rented $5,500 -5.2% --
12/02/2024 12/02/24 For Rent $5,800 0.0% --
07/30/2024 07/30/24 Sold $895,000 0.0% $297 / Sq Ft View Prior Sale
05/28/2024 05/28/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $895,000 +49.2% $297 / Sq Ft
03/17/2021 03/17/21 Sold $600,000 0.0% $199 / Sq Ft View Prior Sale
01/28/2021 01/28/21 Off Market $600,000 -- --
01/18/2021 01/18/21 Pending -- -- --
11/28/2020 11/28/20 Price Changed $634,000 -0.2% $210 / Sq Ft
10/29/2020 10/29/20 For Sale $635,000 -- $211 / 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 $11,540 $208,915 $14,381 $194,534
2023 $10,223 $200,494 $13,801 $186,693
2022 $10,223 $181,334 $13,348 $167,986
2021 $9,941 $174,830 $12,869 $161,961
2020 $9,684 $175,198 $12,896 $162,302
2019 $9,363 $174,901 $12,874 $162,027
2018 $7,802 $155,494 $13,646 $141,848
2017 $7,725 $154,998 $13,602 $141,396
2016 $7,482 $149,137 $13,088 $136,049
2015 $7,364 $140,127 $12,297 $127,830
2014 $7,258 $146,884 $12,385 $134,499
2012 $7,082 $145,589 $12,276 $133,313
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12219780

Midwest Real Estate Data (MRED)

APN: 16-07-204-023