1291 Elm Tree Rd Lake Forest, IL 60045
Estimated Value: $3,223,379 - $5,339,000
5
Beds
8
Baths
7,845
Sq Ft
$530/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Multiple Garages
- Landscaped Professionally
- Sheridan Elementary School Rated A
- Heated Floors
- Recreation Room
About This Home
As of August 2020Exquisite craftsmanship and luxurious finishes elevate this special home to a class of its own. A few doors from Lake Michigan, the spectacular ravine setting is unparalleled with hand-hewn trails, steps and breath-taking natural vistas -all blending with a series of natural gardens that connect the ravine and the estate grounds. Graciously sized rooms, five ensuite bedrooms, finished basement, guest house, lap pool with pool house and separate exercise gazebo all make this a one-of-a kind property. This spectacular estate is the perfect blend of comfort and elegance as it embraces a spectacular natural setting.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475136496 Listed on: 01/31/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $76,873
Year Built | Renovated
- 1930 | 2005
Lot Details
- Landscaped Professionally
- Wooded Lot
Parking
- Attached Garage
- Multiple Garages
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Brick Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Slab Foundation
- Wood Shingle Roof
Interior Spaces
- Wet Bar
- Built-In Features
- Bar Fridge
- Wood Burning Fireplace
- Gas Log Fireplace
- Entrance Foyer
- Sitting Room
- Breakfast Room
- Den
- Library
- Recreation Room
- Bonus Room
- Storm Screens
Kitchen
- Breakfast Bar
- Butlers Pantry
- Built-In Oven
- Microwave
- High End Refrigerator
- Bar Refrigerator
- Dishwasher
- Wine Cooler
- Kitchen Island
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Soaking Tub
- Separate 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
- Patio
- Fire Pit
Utilities
- Forced Air Zoned Cooling and Heating System
- Heating System Uses Gas
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2020
Closed on
Aug 7, 2020
Sold by
1291 Elm Tree Road Llc
Bought by
Chicago Title Land Trust Company and Trust Number 8002383715
Seller's Agent
Andra O'Neill
@properties Christie's International Real Estate
Buyer's Agent
Mary Grant
@properties Christie's International Real Estate
List Price
$4,795,000
Sold Price
$3,975,000
Premium/Discount to List
-$820,000
-17.1%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,126
Avg. Annual Appreciation
0.50%
Purchase Details
Listed on
Jan 31, 2020
Closed on
Jul 10, 2020
Sold by
Mcnerney W James W and Mcnerney Haity M
Bought by
1291 Elm Tree Road Llc
Seller's Agent
Andra O'Neill
@properties Christie's International Real Estate
Buyer's Agent
Mary Grant
@properties Christie's International Real Estate
List Price
$4,795,000
Sold Price
$3,975,000
Premium/Discount to List
-$820,000
-17.1%
Purchase Details
Closed on
Jul 24, 2006
Sold by
Milestone Development Llc
Bought by
Mcnerney W James and Mcnerney Haity M E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 1, 2006
Sold by
Mihelich Maurice W
Bought by
Milestone Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
8.25%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 30, 2004
Sold by
Kallergis Mary Jo and Mary Jo Kallergis Trust
Bought by
Mihelich Maurice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,300,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 19, 2004
Sold by
Amended Mueller Donna K and Amended Donna K Mueller
Bought by
Kallergis Mary Jo and Mary Jo Kallergis Trust Agreem
Similar Homes in Lake Forest, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chicago Title Land Trust Company | $3,935,000 | Proper Title Llc | |
| 1291 Elm Tree Road Llc | -- | Attorney | |
| Mcnerney W James | $7,600,000 | None Available | |
| Milestone Development Llc | -- | None Available | |
| Mihelich Maurice | -- | Metropolitan Title Co | |
| Kallergis Mary Jo | $3,790,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chicago Title | $3,180,000 | |
| Previous Owner | Mcnerney W James | $970,000 | |
| Previous Owner | Mcnerney W James | $1,000,000 | |
| Previous Owner | Mcnerney W James | $1,100,000 | |
| Previous Owner | Mihelich Maurice W | $310,000 | |
| Previous Owner | Mihelich Maurice W | $5,867,000 | |
| Previous Owner | Mihelich Maurice | $3,300,000 | |
| Previous Owner | Kallergis Mary Jo | $3,200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2020 08/10/20 | Sold | $3,975,000 | -4.2% | $507 / Sq Ft |
| 07/10/2020 07/10/20 | Pending | -- | -- | -- |
| 06/11/2020 06/11/20 | Price Changed | $4,150,000 | -13.5% | $529 / Sq Ft |
| 01/31/2020 01/31/20 | For Sale | $4,795,000 | -- | $611 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $76,873 | $2,871,797 | $557,459 | $2,314,338 |
| 2023 | $72,356 | $1,221,449 | $513,882 | $707,567 |
| 2022 | $72,356 | $1,198,330 | $504,155 | $694,175 |
| 2021 | $68,772 | $1,187,995 | $499,807 | $688,188 |
| 2020 | $71,551 | $1,194,565 | $502,571 | $691,994 |
| 2019 | $71,551 | $1,284,092 | $511,007 | $773,085 |
| 2018 | $42,912 | $1,514,863 | $679,610 | $835,253 |
| 2017 | $76,357 | $1,489,541 | $668,250 | $821,291 |
| 2016 | $72,935 | $1,417,800 | $636,065 | $781,735 |
| 2015 | $72,148 | $1,335,028 | $598,931 | $736,097 |
| 2014 | $71,953 | $1,302,468 | $537,719 | $764,749 |
| 2012 | $69,653 | $1,313,766 | $542,383 | $771,383 |
Source: Public Records
Agents Affiliated with this Home
-
Andra O'Neill
Seller's Agent in 2020
Andra O'Neill
@ Properties
(847) 650-9093
242 Total Sales
-
Mary Grant
Buyer's Agent in 2020
Mary Grant
@ Properties
(312) 339-2018
171 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10624077
APN: 12-28-207-028
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