NOT LISTED FOR SALE

1133 Elm Tree Rd Lake Forest, IL 60045

Estimated Value: $2,972,021 - $4,454,000

6 Beds
9 Baths
8,119 Sq Ft
$470/Sq Ft Est. Value

Last Sold July 09, 2018

Last sale price $2,366,600 $291 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $25,473/month

112 Days on Market

Highlights

  • In Ground Pool
  • Sauna
  • Recreation Room
  • Sheridan Elementary School Rated A
  • Landscaped Professionally
  • Wooded Lot

About This Home

As of July 2018

ONE BLOCK FROM LAKE MICHIGAN! Elegant & spacious estate on 1.19 acres. Features include high ceilings, gourmet kitchen for family living and great entertaining, luxurious master suite, newer bathrooms and an indoor hot tub. Lower level with wet bar, fireplace, and large wine cellar. Pool and pizza oven. 5 car garage for sports car lovers!

Last Agent to Sell the Property

Houda Chedid

Compass License #471005938 Listed on: 02/12/2018

Compass

Last Buyer's Agent

Cynthia Poulakidas Tobin

@properties Christie's International Real Estate License #475163509

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,709

Year Built

  • 1990

Lot Details

  • East or West Exposure
  • Fenced Yard
  • Landscaped Professionally
  • Wooded Lot

Parking

  • Garage
  • Garage Transmitter
  • Circular Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Shingle Roof

Interior Spaces

  • Bar Fridge
  • Vaulted Ceiling
  • Entrance Foyer
  • Home Office
  • Recreation Room
  • Heated Sun or Florida Room
  • Sauna
  • Home Gym

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Indoor Grill
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,709

Year Built

1990

Lot Details

0

Parking

5

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Age: 26-30 Years
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 5
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 7.2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Sauna/Steam Room, Hot Tub, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 14
  • Living Room: Dimensions: 18X34, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, High End Refrigerator, Refrigerator-Bar, Freezer, Washer, Dryer, Disposal, Grill-Indoor, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator
  • Equipment: Ceiling Fan, Sump Pump
  • Fireplace Location: Family Room, Living Room, Master Bedroom, Basement
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 6
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 6
  • Laundry: Dimensions: 9X15, On Level: Main Level
  • Dining Room: Dimensions: 15X20, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 14X25, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Butler, Pantry-Walk-in
  • Additional Rooms: 5th Bedroom, 6th Bedroom, Exercise Room, Foyer, Office, Recreation Room, Sun/Florida Room Heated
  • Master Bedroom: Dimensions: 32X30, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X15, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 11X17, On Level: 2nd Level
  • Bedroom 2: Dimensions: 30X22, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Office, Dimensions: 11X14, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 27X25, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: Recreation Rm, Dimensions: 35X45, On Level: Basement, Flooring: Carpet
  • Bedroom 4: Dimensions: 12X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 5 Name: Exercise Rm, Dimensions: 11X15, On Level: Main Level
  • Additional Room 6 Name: Sun/Florida Room Heated, Dimensions: 12X14, On Level: Main Level
  • Additional Room 7 Name: Foyer, Dimensions: 8X18, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 8119
  • Dining Room Type: Separate
  • Family Room: Dimensions: 14X25, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Brick
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Balcony, Patio, Hot Tub, Pool In-Ground
  • Exposure: E (East), W (West)
  • Acreage: 1.19

Garage/Parking

  • Number of Cars: 5
  • Parking: Garage
  • Garage Type: Attached, Detached
  • Garage Details: Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 5
  • Driveway: Circular
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 115
  • Elementary School: SHERIDAN ELEMENTARY SCHOOL
  • Middle School: DEER PATH MIDDLE SCHOOL
  • High School: LAKE FOREST HIGH SCHOOL
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 51836
  • Lot Description: Fenced Yard, Landscaped Professionally, Wooded
  • Parcel Identification Number: 12284040070000

Tax Info

  • Taxes: 62900.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2018
Closed on
Jul 9, 2018
Sold by
Chicago Title Land Trust Co
Bought by
Korczak James L and Korczak Nicole
Seller's Agent
Houda Chedid
Compass
Buyer's Agent
Cynthia Poulakidas Tobin
@properties Christie's International Real Estate
List Price
$2,895,000
Sold Price
$2,366,600
Premium/Discount to List
-$528,400
-18.25%
Current Estimated Value
$3,813,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,447,155
Avg. Annual Appreciation
7.06%
Original Mortgage
$1,000,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Korczak James L $2,366,600 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korczak James L $985,975
Closed Korczak James L $1,000,000
Previous Owner Chicago Title Land Trust Co $1,999,013
Previous Owner Chicago Title Land Trust Co $950,000
Previous Owner Chicago Title Land Trust Co $1,700,000
Previous Owner Chicago Title Land Trust Co $1,350,000
Previous Owner American Natl Bank & Trust Co Of Chicago $825,000
Previous Owner Lasalle Bank Na $500,000
Previous Owner American National Bank $1,000,000
Previous Owner Lasalle Bank Na $1,175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2018 07/09/18 Sold $2,366,600 -11.5% $291 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
04/23/2018 04/23/18 Price Changed $2,675,000 -7.6% $329 / Sq Ft
02/12/2018 02/12/18 For Sale $2,895,000 -- $357 / 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 $51,709 $935,861 $358,198 $577,663
2023 $48,671 $821,622 $314,473 $507,149
2022 $48,671 $806,071 $308,521 $497,550
2021 $47,322 $799,119 $305,860 $493,259
2020 $46,260 $803,539 $307,552 $495,987
2019 $43,952 $788,788 $301,906 $486,882
2018 $49,146 $788,788 $403,311 $385,477
2017 $56,476 $1,083,225 $396,569 $686,656
2016 $62,900 $1,309,375 $377,469 $931,906
2015 $68,104 $1,232,933 $355,432 $877,501
2014 $72,702 $1,315,960 $319,106 $996,854
2012 $71,225 $1,327,375 $321,874 $1,005,501
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09855213

Midwest Real Estate Data (MRED)

APN: 12-28-404-007