NOT LISTED FOR SALE

1126 Highland Ave Lake Forest, IL 60045

Estimated Value: $822,000 - $957,000

4 Beds
3 Baths
2,525 Sq Ft
$362/Sq Ft Est. Value

Last Sold December 12, 2023

Last sale price $825,000 $327 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,100/month

3 Days on Market

Highlights

  • Dining Room with Fireplace
  • Contemporary Architecture
  • Vaulted Ceiling
  • Cherokee Elementary School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of December 2023

Welcome Home! This absolutely Magical, stunning and pristine home is like no other! It boasts perfection and is delightful in everyway! The details and finishes throughout this top notch home exhibit pure quality. Prepare to be impressed! This beautiful modern and updated home will WOW you! As you enter in the front door you will be mesmerized and impressed with the open foyer, soaring ceilings and magnitude of the dining room.. The windows are sensational. (This room could easily be swapped for a living room)...The warm fireplace is a great addition to this spectacular room. As you enter the exceptionally enormous family room you will enjoy the openness to the kitchen and the fabulous views of the stunning yard. The gorgeous fireplace is a pleasing focal point and the skylights adds vibrance. The kitchen, with its gorgeous, updated back splash and counters has exceptional lighting. Enjoy quality appliances like the Sub-Zero refrigerator, Thermodor oven and the warming drawer The brightness is a bonus. You'll love the coffee bar and nice eating area apace. The convenient first floor bedroom can easily second as an office. The primary suite is the perfect "Get-A-Way" with its own private balcony and updated pleasing bathroom with double sinks and modern shower. The bedrooms all have gleaming hardwood floors. The basement is beautifully finished with a sleeping area and lovely rec room. There is great storage too! The private and soothing yard is incredible. There is a double spacious deck which is perfect for entertaining! The additional parking spot was added for extra guests. You will appreciate the firepit with a large patio for cool evenings. This is a wonderful home!

Last Agent to Sell the Property

Maureen O'Grady-Tuohy

Berkshire Hathaway HomeServices Chicago License #475094236 Listed on: 10/12/2023

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Seamus Tuohy

Berkshire Hathaway HomeServices Chicago License #475206164

Last Buyer's Agent

Juliana Yeager

@properties Christie's International Real Estate License #475125237

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,200

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 100x167

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Driveway
  • Parking Space is Owned

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,525 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Mud Room
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Recreation Room
  • Bonus Room
  • Wood Flooring
  • Finished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,200

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1985
  • 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Ceiling - 10 Foot
  • LivingArea: 2525
  • Room Type: Recreation Room, Bonus Room, Mud Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Dining Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 799900
  • Waterfront: No
  • Exterior Building Type: Cedar,Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Deer Path Middle School
  • Middle/Junior School District: 67

Lot Info

  • Lot Dimensions: 100X167
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 12200
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Feb 8, 2024
Sold by
Scherer Kelly T and Scherer Marko
Bought by
Scherer Living Trust and Scherer
Seller's Agent
Maureen O'Grady-Tuohy
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Juliana Yeager
@properties Christie's International Real Estate
List Price
$799,900
Sold Price
$825,000
Premium/Discount to List
$25,100
3.14%
Views
23
Current Estimated Value
$913,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,512
Avg. Annual Appreciation
6.33%
Original Mortgage
$660,000
Interest Rate
7.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2023
Closed on
Dec 11, 2023
Sold by
Wadhwa Family Trust
Bought by
Scherer Kelly T
Seller's Agent
Maureen O'Grady-Tuohy
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Juliana Yeager
@properties Christie's International Real Estate
List Price
$799,900
Sold Price
$825,000
Premium/Discount to List
$25,100
3.14%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
7.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2022
Sold by
Wadhwa and Monica
Bought by
Wadhwa Family Trust

Purchase Details

Closed on
Jul 30, 2002
Sold by
Doherty Daniel J and Doherty Laurie L
Bought by
Wadhwa Steve and Wadhwa Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.63%

Purchase Details

Closed on
Jun 1, 1996
Sold by
Austin Charles C and Austin Kristina E
Bought by
Doherty Daniel J and Doherty Laurie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Scherer Living Trust -- None Listed On Document
Scherer Kelly T $825,000 None Listed On Document
Wadhwa Family Trust -- Creative Planning Legal Pa
Wadhwa Steve $590,000 --
Doherty Daniel J $372,500 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherer Living Trust $658,137
Previous Owner Scherer Kelly T $660,000
Previous Owner Washwa Steve $251,600
Previous Owner Wadhwa Steve $153,000
Previous Owner Wadhwa Steve $294,614
Previous Owner Wadhwa Steve $295,000
Previous Owner Doherty Daniel J $375,000
Previous Owner Doherty Daniel J $81,000
Previous Owner Doherty Daniel J $378,000
Previous Owner Doherty Daniel J $298,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2023 12/12/23 Sold $825,000 +3.1% $327 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $799,900 -- $317 / 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 $13,180 $234,527 $92,658 $141,869
2023 $12,200 $218,518 $86,333 $132,185
2022 $12,200 $209,063 $81,325 $127,738
2021 $11,529 $201,565 $78,408 $123,157
2020 $11,230 $201,989 $78,573 $123,416
2019 $10,855 $201,647 $78,440 $123,207
2018 $10,692 $210,651 $83,140 $127,511
2017 $10,586 $209,979 $82,875 $127,104
2016 $11,294 $221,907 $79,741 $142,166
2015 $11,119 $208,500 $74,923 $133,577
2014 $8,812 $168,456 $75,459 $92,997
2012 $8,516 $166,970 $74,793 $92,177
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11905821

Midwest Real Estate Data (MRED)

APN: 16-08-217-008