NOT LISTED FOR SALE

1141 Old Colony Rd Lake Forest, IL 60045

Estimated Value: $1,060,000 - $1,241,000

5 Beds
3 Baths
3,520 Sq Ft
$335/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $937,000 $266 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,780/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Landscaped Professionally
  • Recreation Room
  • Cherokee Elementary School Rated A
  • Mature Trees
  • Vaulted Ceiling

About This Home

As of June 2021

The home you've been waiting for is perfection inside and out on this pretty tree-lined street. Meticulously maintained and move-in ready, this two-story Colonial offers the flexibility of a 5th bedroom on the first-floor or home office. Bright white kitchen updated in 2014. Hardwood floors throughout the first floor. Mudroom with laundry and access to the backyard. The second floor includes a primary suite with trayed ceiling, primary bath with dual vanities, large walk-in shower, and a separate jetted tub. Three large guest rooms, plus a separate sitting/homework room outside bedroom #4. The partially finished basement features a recreation room with wet bar and an exercise room which could be used as a basement bedroom. Spectacular landscaping and perennial gardens in both the front and backyards. Paver patio with stone knee wall and whimsical fountain. Plus one of the few homes in the neighborhood with a 3-car garage. Roof replaced in 2019, plus other recent improvements!

Last Agent to Sell the Property

Alissa McNicholas

Compass License #475134192 Listed on: 04/15/2021

Compass

Co-Listed By

Lori Baker

Compass License #475134193

Last Buyer's Agent

Sam Shaffer

Chicago Properties Firm License #471017780

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,782

Year Built

  • Built in 1988 | Remodeled in 2014

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150x100x150
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Wood Siding
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,520 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Mud Room
  • Family Room with Fireplace
  • Sitting Room
  • Formal Dining Room
  • Recreation Room
  • Home Gym
  • Wood Flooring
  • Unfinished Attic
  • Storm Screens

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Partially Finished Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Patio
  • Shed

Schools

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

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,782

Year Built

Built in 1988 | Remodeled in 2014

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1988
  • 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
  • Rehab Year: 2014
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2014

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop
  • Basement: Partial
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s)
  • LivingArea: 3520
  • Other Equipment: Sump Pump, Radon Mitigation System
  • Room Type: Bedroom 5, Recreation Room, Sitting Room, Exercise Room, Mud Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Unfinished

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 899000
  • Lot Features: Landscaped, Mature Trees
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Wood Siding

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Concrete
  • 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: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Paved
  • 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 Size Acres: 0.3444
  • Lot Dimensions: 100X150X100X150
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 13781.94
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 22, 2021
Sold by
Smith Brenda B and Smith Taylor R
Bought by
Reebie Christopher William and Reebie Allison Shevlin
Seller's Agent
Alissa McNicholas
Compass
Buyer's Agent
Sam Shaffer
Chicago Properties Firm
Sold Price
$937,000
Current Estimated Value
$1,180,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,380
Avg. Annual Appreciation
5.67%
Original Mortgage
$749,600
Outstanding Balance
$683,067
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$497,313

Purchase Details

Closed on
Jan 25, 2011
Sold by
Smith Taylor H and Smith Brenda B
Bought by
Smith Taylor H and Smith Brenda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2009
Sold by
Smith Taylor H and Smith Brenda B
Bought by
Smith Taylor H and Smith Brenda B

Purchase Details

Closed on
Jun 11, 1998
Sold by
Palmer Alan R and Palmer Deborah L
Bought by
Smith Taylor H and Smith Brenda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.27%
Source: Public Records

Range of Values:

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Average Value
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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
Reebie Christopher William $937,000 Chicago Title
Smith Taylor H -- None Available
Smith Taylor H -- Chicago Title Insurance Co
Smith Taylor H -- None Available
Smith Taylor H $542,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reebie Christopher William $749,600
Previous Owner Smith Taylor H $360,000
Previous Owner Smith Taylor H $383,450
Previous Owner Smith Taylor H $392,700
Previous Owner Smith Taylor H $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $937,000 +4.2% $266 / Sq Ft
04/19/2021 04/19/21 For Sale -- -- --
04/18/2021 04/18/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $899,000 -- $255 / 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 $15,799 $279,640 $97,125 $182,515
2023 $15,483 $260,551 $90,495 $170,056
2022 $15,483 $263,941 $85,246 $178,695
2021 $14,633 $254,475 $82,189 $172,286
2020 $14,254 $255,011 $82,362 $172,649
2019 $13,782 $254,578 $82,222 $172,356
2018 $14,470 $280,537 $87,149 $193,388
2017 $14,191 $279,642 $86,871 $192,771
2016 $13,754 $269,068 $83,586 $185,482
2015 $13,552 $252,812 $78,536 $174,276
2014 $11,096 $210,559 $79,097 $131,462
2012 $10,720 $208,701 $78,399 $130,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11052165

Midwest Real Estate Data (MRED)

APN: 16-08-213-003