$2,600,000
SOLD NOV 7, 2014

1363 Elm Tree Rd Lake Forest, IL 60045

4 Beds
7 Baths
5,155 Sq Ft
0.49 Acres

Recently Sold

$504 Per Sq Ft

19% Below List Price

149 Days on Market

Highlights

  • In Ground Pool
  • Landscaped Professionally
  • Whirlpool Bathtub
  • Sheridan Elementary School Rated A
  • Recreation Room
  • Heated Sun or Florida Room

About This Home

As of October 2018

Located a block from the lake, the stunning renovation of this 1933 gardener's cottage to a Van Doren Shaw estate was featured in Architectural Digest in 2014 and 2013. Perfection inside and out, the interior was renovated by world renowned interior designer Timothy Corrigan and the grounds were transformed by Scott Byron. It was one of seven properties chosen for the Chicago Botanic Garden's Gardens of Distinction.

Last Agent to Sell the Property

Jean Royster

Coldwell Banker Realty License #475133732 Listed on: 05/14/2014

Coldwell Banker Realty

Co-Listed By

Annie Lenzke

Coldwell Banker Realty License #475133720

Last Buyer's Agent

Tracy Wurster

Compass License #475132103

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,369

Year Built

  • 1933

Lot Details

  • Fenced Yard
  • Landscaped Professionally

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Brick Driveway
  • Shared Driveway
  • Garage Is Owned

Home Design

  • Wood Shingle Roof
  • Cedar

Interior Spaces

  • Bar Fridge
  • Fireplace With Gas Starter
  • Mud Room
  • Entrance Foyer
  • Breakfast Room
  • Recreation Room
  • Heated Sun or Florida Room
  • Screened Porch
  • Home Gym

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • In Ground Pool
  • Balcony
  • Patio
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,369

Year Built

1933

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 81-90 Years
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 6
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 6.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1933
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1933

Interior Features

  • Number Of Rooms: 12
  • Living Room: Dimensions: 19X19, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal, Wine Cooler/Refrigerator
  • Equipment: Security System, Sump Pump, Sprinkler-Lawn
  • Fireplace Details: Gas Starter
  • Fireplace Location: Family Room, Living Room, Master Bedroom, Basement
  • Basement: Partial
  • Basement: Finished, Unfinished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Steam Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X8, On Level: Basement
  • Dining Room: Dimensions: 19X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 18X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Butler
  • Additional Rooms: Breakfast Room, Exercise Room, Foyer, Mud Room, Recreation Room, Screened Porch, Sun/Florida Room Heated
  • Master Bedroom: Dimensions: 32X17, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 18X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Screened Porch, Dimensions: 19X8, On Level: Main Level, Flooring: Stone
  • Bedroom 2: Dimensions: 19X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Recreation Rm, Dimensions: 22X16, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 15X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: Exercise Rm, Dimensions: 20X13, On Level: Basement, Flooring: Carpet
  • Bedroom 4: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 5 Name: Sun/Florida Room Heated, Dimensions: 33X16, On Level: Main Level, Flooring: Stone
  • Additional Room 6 Name: Foyer, Dimensions: 18X15, On Level: Main Level, Flooring: Hardwood
  • Additional Room 7 Name: Mud, Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 5155
  • Dining Room Type: Separate
  • Family Room: Dimensions: 23X19, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Patio, Porch Screened, Pool In-Ground, Outdoor Grill, Balcony
  • Acreage: 0.49

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Radiant, 2+ Sep Heating Systems, Zoned

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: 21411
  • Lot Description: Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 12282070020000

Tax Info

  • Taxes: 42101.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2024
Sold by
Trust Number 8002383399
Bought by
Trust Number 9002345051
Current Estimated Value
$2,819,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,155
Outstanding Balance
$252,634
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$2,728,325

Purchase Details

Closed on
May 28, 2020
Sold by
Powell Jeffrey Slater and The Jeffrey Slater Powell Revo
Bought by
Chicago Title Land Trust Company and Trust Number 8002383399

Purchase Details

Listed on
Jun 24, 2018
Closed on
Oct 1, 2018
Sold by
Gladden Brian T and Gladden Judith M
Bought by
Revocabl Powell Jeffrey Slatter and Revocabl Jeffrey Slater Powell
Seller's Agent
Tracy Wurster
Compass
Buyer's Agent
Brad Andersen
Compass
List Price
$2,600,000
Sold Price
$2,562,500
Premium/Discount to List
-$37,500
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.24%
Original Mortgage
$1,920,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 14, 2014
Closed on
Nov 7, 2014
Sold by
Heller Diane B and Diane B Heller Revocable Trust
Bought by
Gladden Brian and Jungkurth Judith
Seller's Agent
Jean Royster
Coldwell Banker Realty
Buyer's Agent
Tracy Wurster
Compass
List Price
$3,225,000
Sold Price
$2,600,000
Premium/Discount to List
-$625,000
-19.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.37%
Original Mortgage
$1,500,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 2, 2012
Sold by
Heller Diane B
Bought by
Heller Diane B and Diane B Heller Revocable Trust

Purchase Details

Closed on
Aug 1, 2012
Sold by
Heller Diane B and David B Hiller Trust
Bought by
Heller Diane B

Purchase Details

Closed on
Jun 8, 2009
Sold by
Heller David B
Bought by
Heller David B and David B Heller Declaration Of

Purchase Details

Closed on
Oct 26, 2006
Sold by
Boyaris Kristine R and Krasnodebski John
Bought by
Heller David B

Purchase Details

Closed on
Jun 14, 2001
Sold by
Cheval Elizabeth A
Bought by
Boyaris Kristine R and Krasnodebski John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Interest Rate
7%
Mortgage Type
Construction
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
Deed $2,900,000 Chicago Title
Deed -- Chicago Title Land Trust Co
Deed $2,562,500 None Available
Deed $2,600,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Order
Warranty Deed $3,699,000 St
Warranty Deed $825,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $256,155 FHA
Previous Owner $1,920,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,500,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,880,000 Credit Line Revolving
Previous Owner $300,000 Unknown
Previous Owner $800,000 Credit Line Revolving
Previous Owner $2,250,000 Construction
Previous Owner $560,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $2,562,500 -1.4% $497 / Sq Ft
10/01/2018 10/01/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $2,600,000 0.0% $504 / Sq Ft
11/07/2014 11/07/14 Sold $2,600,000 -5.5% $504 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
10/04/2014 10/04/14 Price Changed $2,750,000 -8.2% $533 / Sq Ft
08/05/2014 08/05/14 Price Changed $2,995,000 -7.1% $581 / Sq Ft
06/04/2014 06/04/14 For Sale $3,225,000 0.0% $626 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $3,225,000 -- $626 / 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 $47,369 $864,744 $130,806 $733,938
2023 $47,369 $760,663 $109,619 $651,044
2022 $44,256 $738,950 $106,490 $632,460
2021 $43,026 $732,577 $105,572 $627,005
2020 $42,063 $736,629 $106,156 $630,473
2019 $39,963 $723,107 $104,207 $618,900
2018 $33,342 $565,108 $139,704 $425,404
2017 $37,044 $716,511 $137,369 $579,142
2016 $39,884 $764,731 $130,753 $633,978
2015 $39,445 $720,086 $123,120 $596,966
2014 $38,377 $697,452 $110,537 $586,915
2012 $37,605 $703,502 $111,496 $592,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08614828

Midwest Real Estate Data (MRED)

APN: 12-28-207-002