NOT LISTED FOR SALE

121 Niles Ave Lake Forest, IL 60045

Estimated Value: $676,000 - $888,000

3 Beds
2.5 Baths
2,922 Sq Ft
$284/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $580,000 $198 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,615/month

6 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Contemporary Architecture
  • Vaulted Ceiling
  • Cherokee Elementary School Rated A
  • Wooded Lot
  • Formal Dining Room

About This Home

As of August 2023

Builders, flippers, and anyone wanting to live in Lake Forest but thought a dreamy home of top quality construction was out of their league, your opportunity is here. This is no cookie cutter subdivision home. Custom designed and built, this home boasts extraordinary design with ball room sized rooms. Yes, a red-brick fireplace, oh that's two - one in Family Room and one in your Primary Bedroom. Needs some TLC, but if you're industrious and have a sharp eye for value, you'll act quickly.

Last Agent to Sell the Property

Stephen Kovac

Century 21 Circle License #471003941 Listed on: 06/02/2023

Century 21 Circle

Last Buyer's Agent

Dan Habel

Realty Connect Inc License #475138956

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,682

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 75x170
  • Wooded Lot

Parking

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

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,922 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Formal Dining Room
  • Carpet
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Lake Forest High School

Utilities

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

Community Details

  • H.O. Stone Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,682

Year Built

Built in 1977

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
  • Subdivision Name: H.O. Stone
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, First Floor Laundry, Separate Dining Room
  • LivingArea: 2922
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Master Bedroom
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 624900
  • Lot Features: Wooded
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Asphalt
  • 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
  • Heating: Natural Gas, Forced Air
  • 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

  • High School: Lake Forest High School
  • Middle/Junior School District: 67

Lot Info

  • Lot Dimensions: 75X170
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 11682.2
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Aug 8, 2023
Sold by
Douglas Vicki F
Bought by
Iwanski Jacek D
Seller's Agent
Stephen Kovac
Century 21 Circle
Buyer's Agent
Dan Habel
Realty Connect Inc
List Price
$624,900
Sold Price
$580,000
Premium/Discount to List
-$44,900
-7.19%
Views
84
Current Estimated Value
$830,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,873
Avg. Annual Appreciation
20.09%

Purchase Details

Closed on
Mar 9, 2010
Sold by
Marino Herman J
Bought by
Marino Nancy Farlow

Purchase Details

Closed on
Dec 28, 2005
Sold by
Marino Herman J
Bought by
Farlow Marino Herman J and Farlow Marino Nancy

Purchase Details

Closed on
Dec 8, 2005
Sold by
Chicago Title Land Trust Co
Bought by
Marino Herman
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
Iwanski Jacek D $580,000 Acuity Title
Marino Nancy Farlow -- None Available
Farlow Marino Herman J -- --
Marino Herman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marino Nancy Farlow $30,000
Previous Owner Marino Nancy Farlow $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $580,000 -7.2% $198 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $624,900 -- $214 / 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 $13,476 $240,985 $74,966 $166,019
2023 $11,682 $231,271 $71,944 $159,327
2022 $11,682 $205,457 $67,770 $137,687
2021 $11,028 $198,088 $65,339 $132,749
2020 $10,743 $198,505 $65,477 $133,028
2019 $10,388 $198,168 $65,366 $132,802
2018 $11,326 $225,369 $69,284 $156,085
2017 $11,344 $224,650 $69,063 $155,587
2016 $10,992 $216,155 $66,451 $149,704
2015 $10,822 $203,096 $62,436 $140,660
2014 $8,575 $164,106 $62,882 $101,224
2012 $8,288 $162,658 $62,327 $100,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11798062

Midwest Real Estate Data (MRED)

APN: 16-09-119-006