NOT LISTED FOR SALE

1241 Edgewood Rd Lake Forest, IL 60045

Estimated Value: $2,141,000 - $2,350,000

5 Beds
4.5 Baths
5,177 Sq Ft
$440/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $2,160,000 $417 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $14,495/month

22 Days on Market

Highlights

  • 1.08 Acre Lot
  • Open Floorplan
  • Landscaped Professionally
  • Sheridan Elementary School Rated A
  • Colonial Architecture
  • Mature Trees

About This Home

As of July 2023

Prepare to be blown away by this newly updated three-story Colonial, completely renovated in 2022 and boasting 5,177 square feet of luxurious living space. With five bedrooms, and four and a half bathrooms, as well as a walk-up third floor and a bonus room above the garage, there's no shortage of space here. The interior of the home underwent an extensive gut renovation, with all new electrical, plumbing, mechanicals, appliances, and cabinetry, as well as a reconfiguration of both the first and second-floor layouts. Step inside and be wowed by the gorgeous custom-built white cabinetry kitchen, complete with an enormous island, Calacatta marble counters and backsplash, Wolf and Sub-Zero appliances, a swanky lounge with Walnut cabinetry wet bar, large living and dining rooms, and a sunny family room. The majority of the rooms feature white oak hardwood floors, adding to the home's updated elegance. Head upstairs, and you'll find the luxurious primary suite. The new Carrara marble primary bathroom includes split vanities, a large shower, a separate soaking tub, and a walk-in closet with custom organizational systems. Additionally, there are four more bedrooms and three brand-new bathrooms, plus the convenience of both first and second-floor laundry rooms. But that's not all - the walk-up third floor provides plenty of options for use, such as a game room/playroom, workout room, or home office. Outside, the property is just as impressive, with pristine landscaping, mature trees, a circular drive, and blue stone walkways. A covered breezeway leads to the garage, which has a second-floor bonus space complete with skylights, built-in shelving, and a wood-burning stove. With a location that's convenient to town, train, beach, schools, and restaurants, this is an absolute must-see.

Last Agent to Sell the Property

Alissa McNicholas

Compass License #475134192 Listed on: 05/08/2023

Compass

Co-Listed By

Lori Baker

Compass License #475134193

Last Buyer's Agent

Jody Dickstein

@properties Christie's International Real Estate License #475123608

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,499

Year Built

  • Built in 1893 | Remodeled in 2022

Lot Details

  • 1.08 Acre Lot
  • Lot Dimensions are 174x287x172x256
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Mature Trees

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Shake Roof
  • Cedar

Interior Spaces

  • 5,177 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Whole House Fan
  • Skylights
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 4 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Bonus Room
  • Game Room
  • Utility Room with Study Area
  • Wood Flooring

Kitchen

  • Double Oven
  • Range
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in multiple locations
  • Dryer
  • Washer
  • Sink Near Laundry

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Exterior Basement Entry
  • Sump Pump

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck
  • Breezeway
  • Brick Porch or Patio

Schools

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

Utilities

  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,499

Year Built

Built in 1893 | Remodeled in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1893
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Wine Refrigerator
  • Basement: Partial, Walkout
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 4
  • Interior Amenities: Skylight(s), Hardwood Floors, First Floor Laundry, Second Floor Laundry, Walk-In Closet(s), Open Floorplan, Pantry
  • LivingArea: 5177
  • Other Equipment: Humidifier, Security System, CO Detectors, Fan-Whole House, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;, Water Heater-Gas
  • Room Type: Game Room, Breakfast Room, Foyer, Bonus Room, Bedroom 5, Study
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished,Exterior Access
  • Bathroom Amenities: Separate Shower,Steam Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Basement Sq Ft: 0
  • Fireplace Location: Living Room,Master Bedroom,Other
  • Total Sq Ft: 0
  • Attic: Full,Interior Stair
  • Flooring: Hardwood
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Deck, Patio, Porch, Brick Paver Patio, Breezeway
  • List Price: 2199000
  • Lot Features: Landscaped, Mature Trees
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air, Radiator(s), Zoned
  • Laundry Features: Multiple Locations, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Sheridan 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: 1.0818
  • Lot Dimensions: 174X287X172X256
  • Rural (Y/N): N
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 26498.74
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Apr 30, 2021
Sold by
1241 Edgewood Llc
Bought by
Sebring Patrick J and Sebring Mary Grace
Seller's Agent
Tracy Wurster
Compass
Buyer's Agent
Greg Zavitz
Coldwell Banker The Real Estate Group
List Price
$1,350,000
Sold Price
$1,240,000
Premium/Discount to List
-$110,000
-8.15%
Current Estimated Value
$2,278,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,038,772
Avg. Annual Appreciation
15.40%
Original Mortgage
$1,750,000
Interest Rate
2.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Sebring Patrick J $1,240,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sebring Patrick J $1,750,000
Previous Owner 1241 Edgewood Llc $1,600,000
Previous Owner Hunter Willard H $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2023 07/06/23 Sold $2,160,000 -1.8% $417 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $2,199,000 0.0% $425 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $2,199,000 +77.3% $425 / Sq Ft
05/03/2021 05/03/21 Sold $1,240,000 +1.2% $240 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
03/29/2021 03/29/21 Price Changed $1,225,000 -9.3% $237 / Sq Ft
09/24/2020 09/24/20 For Sale $1,350,000 -- $261 / 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 $29,529 $508,980 $277,824 $231,156
2023 $27,254 $469,192 $256,106 $213,086
2022 $27,254 $451,373 $246,380 $204,993
2021 $26,499 $447,480 $244,255 $203,225
2020 $26,627 $449,955 $245,606 $204,349
2019 $26,627 $477,871 $241,097 $236,774
2018 $31,308 $600,476 $320,991 $279,485
2017 $30,784 $590,438 $315,625 $274,813
2016 $29,542 $562,001 $300,424 $261,577
2015 $29,231 $529,191 $282,885 $246,306
2014 $26,571 $478,778 $253,974 $224,804
2012 $26,025 $482,931 $256,177 $226,754
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11737754

Midwest Real Estate Data (MRED)

APN: 12-28-109-032