NOT LISTED FOR SALE

1077 Melody Rd Lake Forest, IL 60045

Estimated Value: $1,740,000 - $2,054,000

6 Beds
5.5 Baths
6,744 Sq Ft
$290/Sq Ft Est. Value

Sale Details

Date Sold: October 11, 2022

Last sale price $1,275,000 $189 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $12,826 / mo

37 Days on Market

Highlights

  • In Ground Pool
  • Heated Floors
  • Recreation Room
  • Deer Path Middle School East Rated A
  • 1.84 Acre Lot
  • Vaulted Ceiling

About This Home

As of October 2022

This private Lake Forest home is Nearly 7,000 square feet and sits on 2 acres of tranquil paradise complete with an in ground pool, pavilion and a writer/artist cabin. Indoors features 3 levels of living with 6 bedrooms, 5.5 bathrooms, Chef's Kitchen with dual oven, island and under-mount lighting. Soaring ceilings with skylights, sunroom, basement with rec room, butlers pantry and upstairs that can be converted to a grand master suite with massive walk in closet. Be sure to check out the 3D Matterport Tour and Drone Video to appreciate all the intricate details of this beautiful home and outdoor oasis.

Last Agent to Sell the Property

Syed Hashmi

Guidance Realty License #471019208 Listed on: 08/16/2022

Co-Listed By

Bradley Magnant

Guidance Realty License #475154983

Last Buyer's Agent

Paula Johnson

Compass License #475124286

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,592

Year Built

  • Built in 1987

Lot Details

  • 1.84 Acre Lot
  • Lot Dimensions are 200 x 400

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Frame Construction

Interior Spaces

  • 6,744 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Family Room
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Sun or Florida Room
  • Home Gym

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry in multiple locations
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Sump Pump
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Pool

  • In Ground Pool

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,592

Year Built

Built in 1987

Lot Details

1.84 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1987
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop
  • Basement: Partial
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Heated Floors, First Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 6744
  • Other Equipment: Security System, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Sitting Room, Office, Recreation Room, Exercise Room, Bedroom 5, Bedroom 6, Sun Room
  • Estimated Total Finished Sq Ft: 5038
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 6744
  • Bathroom: Full
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: In Ground Pool
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Type: Eating Area-Table Space

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Multiple Locations
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Everett Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Deer Path Middle School

Lot Info

  • Lot Size Acres: 1.837
  • Lot Dimensions: 200 X 400
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 26592.2
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Oct 5, 2022
Sold by
Bought by
Seller's Agent
Syed Hashmi
Guidance Realty
Buyer's Agent
Paula Johnson
Compass
List Price
$1,499,000
Sold Price
$1,275,000
Premium/Discount to List
-$224,000
-14.94%
Current Estimated Value
$1,952,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$677,607
Avg. Annual Appreciation
12.46%
Original Mortgage
$1,118,000
Outstanding Balance
$1,061,466
Interest Rate
5.5%
Mortgage Type
VA
Estimated Equity
$891,141

Purchase Details

Closed on
Apr 27, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,275,000 Saturn Title
$840,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,118,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/11/2022 10/11/22 Sold $1,275,000 -12.0% $189 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/06/2022 09/06/22 Price Changed $1,449,000 -3.3% $215 / Sq Ft
08/16/2022 08/16/22 For Sale $1,499,000 -- $222 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $29,570 $557,608 $176,034 $381,574
2024 $28,648 $502,099 $158,510 $343,589
2023 $27,353 $462,849 $146,119 $316,730
2022 $27,353 $458,630 $144,787 $313,843
2021 $26,592 $454,674 $143,538 $311,136
2020 $25,998 $457,189 $144,332 $312,857
2019 $24,724 $448,797 $141,683 $307,114
2018 $25,125 $487,247 $176,882 $310,365
2017 $24,716 $479,102 $173,925 $305,177
2016 $23,706 $456,027 $165,548 $290,479
2015 $21,677 $398,434 $155,883 $242,551
2014 $20,693 $378,817 $139,952 $238,865
2012 $20,285 $382,103 $141,166 $240,937
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11493444

Midwest Real Estate Data (MRED)

APN: 12-31-408-005

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