1120 Elm Tree Rd Lake Forest, IL 60045
Estimated Value: $3,894,000 - $4,647,000
4
Beds
7
Baths
5,017
Sq Ft
$871/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Sauna
- Landscaped Professionally
- Sheridan Elementary School Rated A
- Open Floorplan
- Mature Trees
About This Home
As of November 2023Experience the breathtaking beauty of this home. Sellers & their team of architects have worked in a collaborative way that focuses on modern elements to create an elegant streamline design with bright & open living areas. This generously proportioned residence offer a Gourmet kitchen with top of the line appliances & separate Catering kitchen. The Large Living room is in the center of this residence boasting an elegant fireplace.The elegant Primary wing with her & his separate closet & a luxurious primary bath. There are 2 en-suite bedrooms on the first floor & two large en-suites on the second floor. The lower level offers a huge recreation room with a bar. There are a Workout room , a Sauna, a refrigerated Wine Cellar ,storage room & a sitting/office & 1.5 bathrooms. The lushly landscaped property with mature trees, allowing fresh lake breezes and ample space for outdoor living & many activities in the sport pool, Bocce Ball court , the outdoor kitchen with a grille & a pizza oven. The fire pit sits privately for a quiet conversations. Many other modern amenities are part of this home :ELEVATOR, Sprinkler system for yard & flowerbeds, Generator, Security system & high ceilings , French doors & a heated 3 car garage.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $51,460
Year Built
- Built in 2018
Lot Details
- 0.8 Acre Lot
- Lot Dimensions are 123 x 219 x 205 x 216.4
- Fenced Yard
- Landscaped Professionally
- Paved or Partially Paved Lot
- Sprinkler System
- Mature Trees
- Wooded Lot
Parking
- 3 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Space is Owned
Home Design
- Traditional Architecture
- Shake Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,017 Sq Ft Home
- 2-Story Property
- Elevator
- Open Floorplan
- Wet Bar
- Bookcases
- Bar Fridge
- Vaulted Ceiling
- Ceiling Fan
- Fireplace With Gas Starter
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Screened Porch
- Storage Room
- Sauna
- Home Gym
- Wood Flooring
- Attic
Kitchen
- Built-In Double Oven
- Indoor Grill
- Range with Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Bathroom on Main Level
- Dual Sinks
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
- Recreation or Family Area in Basement
- Finished Basement Bathroom
- Basement Storage
Home Security
- Home Security System
- Storm Screens
Outdoor Features
- In Ground Pool
- Patio
- Outdoor Kitchen
- Fire Pit
- Outdoor Grill
Schools
- Sheridan Elementary School
- Deer Path Middle School
- Lake Forest High School
Utilities
- Forced Air Zoned Cooling and Heating System
- Heating System Uses Natural Gas
- Power Generator
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2023
Closed on
Oct 23, 2023
Sold by
Hoopis Harry P and Hoopis Demetra
Bought by
80 North Western Llc
Seller's Agent
Houda Chedid
Compass
Buyer's Agent
Todd Martin
@properties Christie's International Real Estate
List Price
$4,850,000
Sold Price
$4,450,000
Premium/Discount to List
-$400,000
-8.25%
Total Days on Market
2
Views
24
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
-$82,596
Avg. Annual Appreciation
-6.00%
Purchase Details
Closed on
Jul 29, 2014
Sold by
Moore Deborah W and Deborah W Moore Declaration Of
Bought by
Hoopis Harry P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$946,500
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 5, 2002
Sold by
Bank One Na
Bought by
The Northern Trust Company and Trust #9992
Similar Homes in Lake Forest, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 80 North Western Llc | $4,450,000 | Chicago Title | |
| Hoopis Harry P | $1,262,500 | Chicago Title Insurance Co | |
| The Northern Trust Company | $900,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hoopis Harry P | $2,047,000 | |
| Previous Owner | Hoopis Harry R | $2,160,000 | |
| Previous Owner | Hoopis Harry | $2,175,000 | |
| Previous Owner | Hoopis Harry P | $946,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/06/2023 11/06/23 | Sold | $4,450,000 | -8.2% | $887 / Sq Ft |
| 09/03/2023 09/03/23 | Pending | -- | -- | -- |
| 08/31/2023 08/31/23 | For Sale | $4,850,000 | -- | $967 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $54,008 | $958,384 | $247,631 | $710,753 |
| 2023 | $54,008 | $866,143 | $223,797 | $642,346 |
| 2022 | $51,460 | $858,247 | $221,757 | $636,490 |
| 2021 | $53,624 | $911,534 | $219,844 | $691,690 |
| 2020 | $52,422 | $916,575 | $221,060 | $695,515 |
| 2019 | $50,743 | $916,575 | $217,002 | $699,573 |
| 2018 | $31,425 | $909,204 | $292,014 | $617,190 |
| 2017 | $14,970 | $287,133 | $287,133 | $0 |
| 2016 | $14,367 | $273,304 | $273,304 | $0 |
| 2015 | $14,215 | $257,348 | $257,348 | $0 |
| 2014 | $12,308 | $219,198 | $219,198 | $0 |
| 2012 | $10,049 | $186,465 | $186,465 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Houda Chedid
Seller's Agent in 2023
Houda Chedid
Compass
(847) 987-8517
42 Total Sales
-
Todd Martin
Buyer's Agent in 2023
Todd Martin
@ Properties
(847) 309-8929
20 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11872691
APN: 12-28-408-005
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