Seller's Agent in 2024
Ann Lyon
@ Properties
(847) 828-9991
84 in this area
142 Total Sales
140 Summit Place Lake Forest, IL 60045
Estimated Value: $935,000 - $1,058,634
4
Beds
3
Baths
2,320
Sq Ft
$431/Sq Ft
Est. Value
Highlights
- Landscaped Professionally
- Mature Trees
- Recreation Room
- Sheridan Elementary School Rated A
- Property is near a park
- 3-minute walk to West Park
About This Home
As of March 2024Located across from West Park and a few short blocks from Market Square, this lovely home exudes charm and character. The current owners have completed many updates since purchasing it in 2016. A full renovation was completed in 2001. Key features include 3,675 SF of finished space (2,320 SF above grade), 9 foot ceilings, hardwood floors, cedar closets, and original moldings. The first floor includes an eat-in kitchen, spacious dining room and living room, a family room overlooking West Park, 2 bedrooms, and a full bath. Upstairs are 2 additional bedrooms, a full bath, and a loft area. The updated lower level has the 5th bedroom, a recreation room, a full bath w/ jetted tub, and plenty of storage! Outside, enjoy beautiful sunsets from the huge front porch surrounded by lovely grounds and a fully fenced yard. This is a wonderful home for entertaining family and friends!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475126499 Listed on: 01/26/2024
Last Buyer's Agent
@properties Christie's International Real Estate License #475200262
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,081
Year Built
- Built in 1920 | Remodeled in 2001
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 136x39x143x83
- Dog Run
- Fenced Yard
- Landscaped Professionally
- Mature Trees
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Bungalow
- Asphalt Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 2,320 Sq Ft Home
- 1.5-Story Property
- Bookcases
- Historic or Period Millwork
- Ceiling height of 9 feet or more
- Ceiling Fan
- Skylights
- Formal Dining Room
- Recreation Room
- Loft
- Storage Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Potential Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 3 Full Bathrooms
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Finished Basement Bathroom
- Basement Window Egress
Schools
- Sheridan Elementary School
- Deer Path Middle School
- Lake Forest High School
Utilities
- Central Air
- Humidifier
- Heating System Uses Steam
- 200+ Amp Service
- Lake Michigan Water
- Gas Water Heater
- Cable TV Available
Additional Features
- Porch
- Property is near a park
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 26, 2024
Closed on
Mar 12, 2024
Sold by
Kinney Jon
Bought by
Schlafly William and Schlafly Piper
Seller's Agent
Ann Lyon
@properties Christie's International Real Estate
Buyer's Agent
Jennifer Mower
@properties Christie's International Real Estate
List Price
$925,000
Sold Price
$845,000
Premium/Discount to List
-$80,000
-8.65%
Views
38
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
$155,909
Avg. Annual Appreciation
12.30%
Original Mortgage
$676,000
Outstanding Balance
$666,321
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$334,588
Purchase Details
Closed on
Nov 19, 2015
Sold by
Clark Heather
Bought by
Kinney Jon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 28, 2002
Sold by
Marovich Nicholas L and Marovich Mary B
Bought by
Mirchandani Gidwani Gita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
5.62%
Purchase Details
Closed on
Mar 2, 2001
Sold by
The Northern Trust Company
Bought by
Marovich Nicholas L and Marovich Mary B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schlafly William | $845,000 | Old Republic Title | |
| Kinney Jon | $715,000 | Ct | |
| Mirchandani Gidwani Gita | $635,000 | -- | |
| Marovich Nicholas L | $417,500 | Centennial Title Incorporate |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schlafly William | $676,000 | |
| Previous Owner | Kinney Jon | $406,100 | |
| Previous Owner | Kinney Jon | $450,000 | |
| Previous Owner | Clark Heather | $541,800 | |
| Previous Owner | Mirchandani Gidwani Gita | $524,200 | |
| Previous Owner | Mirchandani Gidwani Gita | $520,000 | |
| Previous Owner | Mirchandani Gidwani Gita | $515,600 | |
| Previous Owner | Mirchandani Gidwani Gita | $508,000 | |
| Previous Owner | The Northern Trust Company | $105,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2024 03/15/24 | Sold | $845,000 | -8.6% | $364 / Sq Ft |
| 01/31/2024 01/31/24 | Pending | -- | -- | -- |
| 01/26/2024 01/26/24 | For Sale | $925,000 | +53.7% | $399 / Sq Ft |
| 12/09/2013 12/09/13 | Sold | $602,000 | -7.2% | $259 / Sq Ft |
| 10/28/2013 10/28/13 | Pending | -- | -- | -- |
| 07/21/2013 07/21/13 | For Sale | $649,000 | -- | $280 / 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 | $13,371 | $251,111 | $87,325 | $163,786 |
| 2023 | $12,081 | $220,459 | $76,666 | $143,793 |
| 2022 | $12,081 | $206,084 | $71,667 | $134,417 |
| 2021 | $11,743 | $204,307 | $71,049 | $133,258 |
| 2020 | $11,482 | $205,437 | $71,442 | $133,995 |
| 2019 | $10,907 | $201,666 | $70,131 | $131,535 |
| 2018 | $11,061 | $218,205 | $94,095 | $124,110 |
| 2017 | $10,874 | $214,557 | $92,522 | $122,035 |
| 2016 | $10,420 | $204,223 | $88,066 | $116,157 |
| 2015 | $10,291 | $192,301 | $82,925 | $109,376 |
| 2014 | $8,914 | $166,576 | $74,449 | $92,127 |
| 2012 | $8,749 | $168,021 | $75,095 | $92,926 |
Source: Public Records
Agents Affiliated with this Home
-
Ann Lyon
-
Jennifer Mower
J
Buyer's Agent in 2024
Jennifer Mower
@ Properties
(847) 345-6600
5 in this area
13 Total Sales
-
Elizabeth Wieneke
Seller's Agent in 2013
Elizabeth Wieneke
Compass
(847) 732-4039
75 in this area
110 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11954237
APN: 12-28-311-011
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 873 Summit Ave
- 85 Sunset Place
- 847 N Mckinley Rd
- 119 E Laurel Ave Unit 207
- 789 N Mckinley Rd
- 727 N Mckinley Rd Unit 100
- 1230 N Western Ave Unit 211
- 1260 N Western Ave Unit 306
- 1301 N Western Ave Unit 106
- 285 W Westminster
- 490 College Rd
- 1351 N Sheridan Rd
- 1350 N Western Ave Unit 106
- 595 Crab Tree Ln
- 550 Rosemary Rd
- 209 N Green Bay Rd
- 1302 N Green Bay Rd
- 1551 N Mckinley Rd
- 1539 Greenleaf Ave
- 383 Washington Rd
- 849 Summit Ave
- 821 Summit Ave
- 857 Summit Ave
- 840 Oakwood Ave
- 846 Oakwood Ave
- 819 Summit Ave
- 834 Oakwood Ave
- 865 Summit Ave
- 856 Oakwood Ave
- 811 Summit Ave
- 864 Oakwood Ave
- 870 Oakwood Ave
- 805 Summit Ave
- 189 Summit Place
- 883 Summit Ave
- 797 Summit Ave
- 878 Oakwood Ave
- 845 Oakwood Ave
- 845 Oakwood Ave Unit 1
- 845 Oakwood Ave Unit 2