NOT LISTED FOR SALE

1305 Elm Tree Rd Lake Forest, IL 60045

Estimated Value: $2,926,000 - $3,136,000

5 Beds
6.5 Baths
6,593 Sq Ft
$456/Sq Ft Est. Value

Last Sold November 01, 2022

Last sale price $2,300,000 $349 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $19,909/month

62 Days on Market

Highlights

  • 1.01 Acre Lot
  • Fireplace in Primary Bedroom
  • Sun or Florida Room
  • Sheridan Elementary School Rated A
  • Wood Flooring
  • Steam Shower

About This Home

As of November 2022

This delightful family home is in an easy walk to everything location, Sheridan School, Lake Forest High School, Market Square, the train and Lake Forest Beach! The quality and millwork ever-present throughout, complete with generous proportions in all rooms. A recent two story expansion by Traditional Concepts includes a second family room, wet bar, lower level exercise/workout room with a full bath which can double as a guest room. On the second floor, the addition includes the primary bath with walk in shower, separate steeping tub and an expansive dressing room. Additionally on the second floor there are 5 bedrooms and 5 baths, an office, and a laundry room. On the first floor, the pine paneled den, living room, as well as both family rooms have fireplaces as does the primary bedroom. The expansive kitchen is open to the family room and separate breakfast room making this the perfect hub for daily living! Secluded patios enjoy southern exposure, are accessed from the family rooms, dining room, garden room as well as the front entrance hall, perfect for entertaining on warm summer nights. Many extras include an attached 3 car garage, mudroom, 1.01 acres, architect of note, Edwin Hill Clark, new slate roof in 2001!

Last Agent to Sell the Property

Marina Carney

Compass License #475123100 Listed on: 07/13/2022

Compass

Co-Listed By

Andrew Mrowiec

Compass License #471004617

Last Buyer's Agent

Nancy Adelman

Compass License #475123518

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,284

Year Built

  • Built in 1922 | Remodeled in 2001

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 139x275x168x204

Parking

  • 3 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 6,593 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bookcases
  • Historic or Period Millwork
  • Ceiling height of 9 feet or more
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 5 Fireplaces
  • Living Room with Fireplace
  • Sitting Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Sun or Florida Room
  • Home Gym
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Dual Sinks
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Unfinished Basement

  • Partial Basement
  • Finished Basement Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • SpacePak Central Air
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,284

Year Built

Built in 1922 | Remodeled in 2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1922
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2001
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2001

Interior Features

  • Basement: Partial
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter
  • Fireplaces: 5
  • Interior Amenities: Bar-Wet, Hardwood Floors, Second Floor Laundry, Built-in Features, Bookcases, Ceiling - 9 Foot, Historic/Period Mlwk
  • LivingArea: 6593
  • Room Type: Bedroom 5, Breakfast Room, Library, Sitting Room, Foyer, Sun Room, Exercise Room, Office
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 6593
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower,Steam Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Den/Library,Hearth Room
  • Total Sq Ft: 0
  • Attic: Full,Interior Stair,Unfinished
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 2695000
  • Roof: Slate
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air, Space Pac
  • Heating: Natural Gas, Forced Air, Steam, Radiant
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • 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: 1.01
  • Lot Dimensions: 139X275X168X204
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 45283.76
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Oct 20, 2022
Sold by
Stensrud Lorry J and Stensrud Karen M
Bought by
Leffingwell Bridget E
Seller's Agent
Marina Carney
Compass
Buyer's Agent
Nancy Adelman
Compass
List Price
$2,795,000
Sold Price
$2,300,000
Premium/Discount to List
-$495,000
-17.71%
Views
6
Current Estimated Value
$3,008,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$708,462
Avg. Annual Appreciation
9.74%
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
Leffingwell Bridget E $2,300,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stensrud Lorry J $1,500,000
Previous Owner Stensrud Lorry J $1,000,000
Previous Owner Stensrud Lorry J $1,000,000
Previous Owner Stensrud Larry J $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Sold $2,300,000 -14.7% $349 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
08/03/2022 08/03/22 Price Changed $2,695,000 -3.6% $409 / Sq Ft
07/13/2022 07/13/22 For Sale $2,795,000 -- $424 / 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 $48,246 $766,590 $295,340 $471,250
2023 $48,246 $766,590 $272,253 $494,337
2022 $47,635 $794,901 $261,914 $532,987
2021 $46,311 $788,045 $259,655 $528,390
2020 $45,274 $792,403 $261,091 $531,312
2019 $43,013 $777,857 $256,298 $521,559
2018 $46,689 $901,529 $343,307 $558,222
2017 $45,905 $886,459 $337,568 $548,891
2016 $44,038 $843,765 $321,310 $522,455
2015 $43,555 $794,506 $302,552 $491,954
2014 $48,786 $885,025 $271,631 $613,394
2012 $47,801 $892,702 $273,987 $618,715
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11462528

Midwest Real Estate Data (MRED)

APN: 12-28-207-027