NOT LISTED FOR SALE

1275 Arbor Ln Lake Forest, IL 60045

Estimated Value: $2,483,000 - $3,127,520

6 Beds
11 Baths
8,052 Sq Ft
$361/Sq Ft Est. Value

Last Sold December 19, 2016

Last sale price $2,150,000 $267 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $18,226/month

118 Days on Market

Highlights

  • In Ground Pool
  • Heated Floors
  • Wooded Lot
  • Everett Elementary School Rated A
  • Recreation Room
  • Main Floor Bedroom

About This Home

As of December 2016

Amazing value seen throughout this masterfully remodeled estate with the highest level of finishes & a resort-like, private back yard w/ grand sized pool & patios. Features 2 Master suites up & downstairs, hardwood floors, rare imported surfaces of onyx, marble, granite, exceptional Wood.Mode cabinetry,tray & decorative ceilings, rich moldings, 6 fireplaces, bay windows, front & back staircases, 1st floor luxurious Master/guest suite w/ heated bath floors, private library, & gourmet kitchen.Inviting family room open to kitchen w/grand island,premium appliances ( Sub-Zero, Bosch) & large eating area overlooking private yard. Enjoy ease of entertaining w/ additional dishwashers,refrigerators,warming drawer & ice maker.Exceptional Master Bedroom w/ fireplace,luxury bathrm of onyx & radiant heated floors & balcony. Fabulous finished basement w/ recreation room, bedrm, full bath, exercise room & wine room.Situated on 2 acres & gorgeous pool, waterfall, bluestone decking, & putting green.

Last Agent to Sell the Property

Vera Purcell

Compass License #475125066 Listed on: 05/14/2016

Compass

Co-Listed By

Pat Purcell

Compass License #475125065

Last Buyer's Agent

Houda Chedid

Compass License #471005938

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1991

Lot Details

  • Fenced Yard
  • Wooded Lot

Parking

  • Attached Garage
  • Circular Driveway
  • Garage Is Owned

Home Design

  • Stone Siding

Interior Spaces

  • Wet Bar
  • Entrance Foyer
  • Breakfast Room
  • Home Office
  • Library
  • Recreation Room
  • Screened Porch
  • Home Gym

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • In Ground Pool
  • Balcony
  • Patio
  • Fire Pit

Utilities

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

Home Details

Home Type

Single Family

Year Built

1991

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 21-25 Years
  • Full Bathrooms: 9
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 6
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 9.2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1991

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors, Heated Floors, 1st Floor Bedroom, 1st Floor Laundry, 2nd Floor Laundry
  • Number Of Rooms: 15
  • Living Room: Dimensions: 26X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Wine Cooler/Refrigerator
  • Equipment: Humidifier, Security System, Ceiling Fan, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;
  • Fireplace Location: Family Room, Living Room, Master Bedroom, Basement
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 6
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Steam Shower, Double Sink
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 15X10, On Level: Main Level
  • Dining Room: Dimensions: 23X16, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 20X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Butler, Pantry-Walk-in
  • Additional Rooms: 5th Bedroom, 6th Bedroom, Breakfast Room, Exercise Room, Foyer, Library, Office, Recreation Room, Screened Porch
  • Master Bedroom: Dimensions: 23X16, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 17X15, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 26X13, On Level: Basement, Flooring: Marble
  • Bedroom 2: Dimensions: 16X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Library, Dimensions: 21X16, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Recreation Rm, Dimensions: 48X20, On Level: Basement
  • Bedroom 4: Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Foyer, Dimensions: 15X20, On Level: Main Level, Flooring: Marble
  • Additional Room 6 Name: Breakfast Rm, Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 7 Name: Screened Porch, Dimensions: 15X18, On Level: Main Level
  • Additional Room 9 Name: Exercise Rm, Dimensions: 20X17, On Level: Basement
  • Additional Room 10 Name: Office, Dimensions: 31X18, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 8052
  • Dining Room Type: Separate
  • Family Room: Dimensions: 28X20, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Stone
  • Exterior Property Features: Balcony, Patio, Porch Screened, Pool In-Ground, Fire Pit
  • Acreage: 1.5

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Circular
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 90X272X25X106X274X298
  • Lot Description: Fenced Yard, Wooded
  • Parcel Identification Number: 16181050150000

Tax Info

  • Taxes: 33,474

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2016
Closed on
Dec 16, 2016
Sold by
5906 Llc
Bought by
Tatone Maria A
Seller's Agent
Vera Purcell
Compass
Buyer's Agent
Houda Chedid
Compass
List Price
$2,375,000
Sold Price
$2,150,000
Premium/Discount to List
-$225,000
-9.47%
Current Estimated Value
$2,907,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$757,173
Avg. Annual Appreciation
3.37%
Original Mortgage
$1,612,500
Outstanding Balance
$1,375,165
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,532,008

Purchase Details

Closed on
Feb 7, 2008
Sold by
Donovan Paul and Donovan Patricia
Bought by
5906 Llc

Purchase Details

Closed on
Sep 26, 2005
Sold by
Evans Thomas E
Bought by
Donovan Paul and Donovan Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,902,500
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2004
Sold by
Evans Eileen
Bought by
Evans Thomas E

Purchase Details

Closed on
Aug 4, 1995
Sold by
Chicago Title & Trust Company
Bought by
Evans Thomas E and Evans Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.51%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tatone Maria A $2,150,000 Ct
5906 Llc -- Mercury Title
Donovan Paul $3,225,000 St
Evans Thomas E -- --
Evans Thomas E $1,700,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tatone Maria A $1,612,500
Previous Owner Donovan Paul $2,902,500
Previous Owner Evans Thomas E $1,000,000
Closed Evans Thomas E $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2016 12/19/16 Sold $2,150,000 -2.3% $267 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
07/28/2016 07/28/16 Price Changed $2,200,000 -7.4% $273 / Sq Ft
05/14/2016 05/14/16 For Sale $2,375,000 -- $295 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $37,190 $627,679 $147,167 $480,512
2023 $40,922 $602,379 $141,235 $461,144
2022 $40,922 $687,624 $197,071 $490,553
2021 $38,696 $662,962 $190,003 $472,959
2020 $37,692 $664,357 $190,403 $473,954
2019 $36,444 $663,230 $190,080 $473,150
2018 $35,124 $675,682 $201,470 $474,212
2017 $34,944 $673,526 $200,827 $472,699
2016 $33,896 $648,057 $193,233 $454,824
2015 $33,433 $608,905 $181,559 $427,346
2014 $34,991 $626,822 $182,857 $443,965
2012 $32,516 $621,293 $181,244 $440,049
Source: Public Records

Agents Affiliated with this Home

  • Vera Purcell

    Seller's Agent in 2016

    Vera Purcell

    Compass

    (847) 372-6721

    12 in this area

    14 Total Sales

    Vera Purcell
    Section Image

  • P

    Seller Co-Listing Agent in 2016

    Pat Purcell

    Compass

    (847) 250-6391

    10 in this area

    10 Total Sales

    Pat Purcell
    Section Image
  • Houda Chedid

    Buyer's Agent in 2016

    Houda Chedid

    Compass

    (847) 987-8517

    32 in this area

    39 Total Sales

    Houda Chedid
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09226250

Midwest Real Estate Data (MRED)

APN: 16-18-105-015

Illinois Lake County Lake Forest 60045

1275 Arbor Ln, Lake Forest, IL

Not Listed for Sale

Detached

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