$1,574,615
SOLD MAR 1, 2019

1331 Elm Tree Rd Lake Forest, IL 60045

5 Beds
4 Baths
4,902 Sq Ft
1.25 Acres

Recently Sold

$321 Per Sq Ft

43% Below List Price

299 Days on Market

Highlights

  • Landscaped Professionally
  • Recreation Room
  • Heated Sun or Florida Room
  • Sheridan Elementary School Rated A
  • Wood Flooring
  • Sitting Room

About This Home

As of March 2019

Privately located in east Lake Forest, this gorgeous home is perfectly set on 1.25 acres of stunning, professionally landscaped grounds close to the Lake. This beautiful 5 bedroom, 4,900 square foot home features 10' ceilings, recently refinished hardwood floors and designer finishes throughout. Other wonderful features include a handsomely paneled family room with fireplace, large sunroom overlooking the spectacular yard, gracious living room with fireplace, a luxurious master suite with a fireplace in the sitting room and a dining room perfect for entertaining. A custom main stair and back staircase, large kitchen with sunlit breakfast area, mudroom with built-in cubbies, lovely moldings and elegant lighting make this home truly special. Complete with a finished basement, 3-car garage, bluestone terraces and so much more!

Last Agent to Sell the Property

Ann Lyon

@properties Christie's International Real Estate License #475126499 Listed on: 01/11/2018

@properties Christie's International Real Estate

Co-Listed By

Kim Campbell

@properties Christie's International Real Estate License #471022204

Last Buyer's Agent

Cynthia Poulakidas Tobin

@properties Christie's International Real Estate License #475163509

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,721

Year Built

  • 1986

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Shingle Roof

Interior Spaces

  • Dry Bar
  • Entrance Foyer
  • Sitting Room
  • Recreation Room
  • Heated Sun or Florida Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Crawl Space

Utilities

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

Additional Features

  • Patio
  • Landscaped Professionally

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $8,750 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,721

Year Built

1986

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 31-40 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1986
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Interior Property Features: Bar-Dry, Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 12
  • Living Room: Dimensions: 17X25, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Compactor-Trash
  • Fireplace Location: Family Room, Living Room
  • Basement: Partial
  • Basement: Partially Finished, Crawl
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 11X4, On Level: 2nd Level
  • Dining Room: Dimensions: 19X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 21X14, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: 5th Bedroom, Foyer, Recreation Room, Sitting Room, Sun/Florida Room Heated
  • Master Bedroom: Dimensions: 25X16, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 11X19, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Other, Dimensions: 15X15, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Recreation Rm, Dimensions: 24X30, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X16, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Sitting, Dimensions: 15X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 11X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Foyer, Dimensions: 12X27, On Level: Main Level, Flooring: Hardwood
  • Additional Room 6 Name: Sun/Florida Room Heated, Dimensions: 15X17, On Level: Main Level, Flooring: Ceramic Tile
  • Estimated Sq Ft: 4902
  • Dining Room Type: Separate
  • Family Room: Dimensions: 18X16, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Brick
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Patio
  • Acreage: 1.25

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 115
  • Elementary School: Sheridan Elementary School
  • Middle School: Deer Path Middle School
  • High School: Lake Forest High School
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 54322
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 12282070260000

Tax Info

  • Taxes: 46693

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
Mar 1, 2019
Sold by
Jansing M Preston C and Cain Mary Preston
Bought by
Tobin Corey and Tobin Cynthia P
Seller's Agent
Ann Lyon
@properties Christie's International Real Estate
Buyer's Agent
Cynthia Poulakidas Tobin
@properties Christie's International Real Estate
List Price
$2,749,000
Sold Price
$1,574,615
Premium/Discount to List
-$1,174,385
-42.72%
Current Estimated Value
$2,326,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$751,856
Avg. Annual Appreciation
6.44%
Original Mortgage
$944,769
Outstanding Balance
$822,164
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,526,733

Purchase Details

Listed on
Jan 23, 2012
Closed on
Apr 11, 2012
Sold by
Swartout James H and Swartout Eileen B
Bought by
Jansing M Preston C
Seller's Agent
Edward Skae
Coldwell Banker Residential
Buyer's Agent
Ann Lyon
@properties Christie's International Real Estate
List Price
$2,995,000
Sold Price
$2,650,000
Premium/Discount to List
-$345,000
-11.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.28%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,575,000 Chicago Title
Warranty Deed $2,650,000 Burnett Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $944,769 Adjustable Rate Mortgage/ARM
Previous Owner $1,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,800,000 Credit Line Revolving
Previous Owner $976,000 Unknown
Previous Owner $521,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2019 03/01/19 Sold $1,574,615 -12.3% $321 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
10/08/2018 10/08/18 Price Changed $1,795,000 -10.0% $366 / Sq Ft
05/17/2018 05/17/18 Price Changed $1,995,000 -20.0% $407 / Sq Ft
02/18/2018 02/18/18 Price Changed $2,495,000 -7.4% $509 / Sq Ft
01/11/2018 01/11/18 Price Changed $2,695,000 -2.0% $550 / Sq Ft
01/11/2018 01/11/18 For Sale $2,749,000 +3.7% $561 / Sq Ft
04/11/2012 04/11/12 Sold $2,650,000 -11.5% $541 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $2,995,000 -- $611 / 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 $32,721 $601,319 $303,145 $298,174
2023 $30,911 $527,917 $266,141 $261,776
2022 $30,911 $517,926 $261,104 $256,822
2021 $30,051 $513,459 $258,852 $254,607
2020 $29,378 $516,299 $260,284 $256,015
2019 $27,911 $506,821 $255,506 $251,315
2018 $40,813 $664,939 $383,371 $281,568
2017 $46,694 $901,601 $376,963 $524,638
2016 $44,796 $858,177 $358,807 $499,370
2015 $44,305 $808,077 $337,860 $470,217
2014 $45,140 $819,313 $303,047 $516,266
2012 $44,229 $826,420 $305,676 $520,744
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09831375

Midwest Real Estate Data (MRED)

APN: 12-28-207-026