Seller's Agent in 2021
Lisa Trace
@ Properties
(708) 710-4104
105 in this area
176 Total Sales
1401 Lake Rd Lake Forest, IL 60045
Estimated Value: $2,910,192 - $3,403,000
5
Beds
5.5
Baths
4,858
Sq Ft
$669/Sq Ft
Est. Value
Highlights
- French Provincial Architecture
- Fireplace in Primary Bedroom
- Wooded Lot
- Sheridan Elementary School Rated A
- Recreation Room
- Wood Flooring
About This Home
As of July 2021Enjoy stunning seasonal views and sounds of Lake Michigan from this exquisite French Country home on prestigious Lake Road. A new paver brick driveway welcomes you to this elegant and impeccably maintained 5 bedroom, 5.1 bath beauty. Awarded the 2017 Preservation Award by the Lake Forest Historic Preservation Foundation for a complete rebuild of the historic David Adler fence, this charming home has exceptional curb appeal. Superb craftsmanship and finishes throughout, including: gorgeous arched walls, rich millwork, high ceilings, 4 fireplaces, and hardwood floors. Gracious formal living and dining rooms with plaster moldings. Handsome paneled library with built-in bookcases and French doors that open to outdoor bluestone patio. Completely renovated gourmet white kitchen with marble countertops, new appliances, and charming breakfast room. Kitchen opens to spacious family room with coffered ceiling, built-in shelving flanking fireplace, wet bar, and French doors that lead to spectacular outdoor garden. 5 bedrooms and 4 luxurious, remodeled full baths upstairs. Gorgeous primary bedroom with sitting room and fireplace offers spectacular lake views. Fully remodeled lower level includes roomy recreation room, game room, and wet bar. Many outdoor improvements, including a brand new shade garden and extensive landscaping, landscape lighting, and irrigation system. Enviable location in East Lake Forest, walking distance to Lake Forest Beach, Sheridan School, and Lake Forest High School. Must see to appreciate! A true treasure by the lake!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475127633 Listed on: 03/13/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $31,153
Year Built
- Built in 1982
Lot Details
- 19,994 Sq Ft Lot
- Lot Dimensions are 160x125
- Paved or Partially Paved Lot
- Sprinkler System
- Wooded Lot
Parking
- 3 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Brick Driveway
- Parking Included in Price
Home Design
- French Provincial Architecture
- Brick Exterior Construction
- Tile Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,858 Sq Ft Home
- 2-Story Property
- Wet Bar
- Historic or Period Millwork
- Beamed Ceilings
- Ceiling height of 9 feet or more
- Gas Log Fireplace
- Entrance Foyer
- Family Room with Fireplace
- 4 Fireplaces
- Living Room with Fireplace
- Sitting Room
- Breakfast Room
- Formal Dining Room
- Library with Fireplace
- Recreation Room
- Game Room
- Wood Flooring
- Home Security System
Kitchen
- Double Oven
- Portable Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Fireplace in Primary Bedroom
- Bathroom on Main Level
Laundry
- Laundry on main level
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Outdoor Features
- Patio
Schools
- Sheridan Elementary School
- Deer Path Middle School
- Lake Forest High School
Utilities
- Forced Air Zoned Cooling and Heating System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
- Water Softener is Owned
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2021
Closed on
Jul 1, 2021
Sold by
Dixon G Lowell and G Lowell Dixon Trust
Bought by
Rau Colette Evans
Seller's Agent
Lisa Trace
@properties Christie's International Real Estate
Buyer's Agent
Brady Andersen
Compass
Sold Price
$2,400,000
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
$849,548
Avg. Annual Appreciation
6.52%
Purchase Details
Closed on
Feb 8, 2011
Sold by
Dixon Mariclaire H and Mariclaire H Dixon Trust
Bought by
Dixon G Lowell and G Lowell Dixon Trust
Purchase Details
Closed on
May 19, 1995
Sold by
Northern Tr Bank Lake Forest Natl Assn
Bought by
Trace David A and Trace Elizabeth D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.26%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rau Colette Evans | $2,400,000 | Chicago Title | |
| Dixon G Lowell | -- | None Available | |
| Trace David A | $1,520,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Trace David A | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2021 07/01/21 | Sold | $2,400,000 | -5.9% | $494 / Sq Ft |
| 03/14/2021 03/14/21 | Pending | -- | -- | -- |
| 03/14/2021 03/14/21 | For Sale | -- | -- | -- |
| 03/13/2021 03/13/21 | For Sale | $2,550,000 | -- | $525 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $38,514 | $749,338 | $202,271 | $547,067 |
| 2023 | $36,171 | $627,964 | $169,508 | $458,456 |
| 2022 | $36,171 | $610,040 | $164,670 | $445,370 |
| 2021 | $33,541 | $577,400 | $163,250 | $414,150 |
| 2020 | $32,792 | $580,593 | $164,153 | $416,440 |
| 2019 | $31,153 | $569,936 | $161,140 | $408,796 |
| 2018 | $27,863 | $536,599 | $217,424 | $319,175 |
| 2017 | $26,936 | $527,630 | $213,790 | $313,840 |
| 2016 | $25,821 | $502,218 | $203,493 | $298,725 |
| 2015 | $25,514 | $472,898 | $191,613 | $281,285 |
| 2014 | $25,759 | $475,053 | $172,031 | $303,022 |
| 2012 | $25,312 | $479,174 | $173,523 | $305,651 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Trace
-
Samantha Trace
Seller Co-Listing Agent in 2021
Samantha Trace
@ Properties
(847) 295-0700
89 in this area
150 Total Sales
-
Brady Andersen
Buyer's Agent in 2021
Brady Andersen
Compass
(847) 732-9790
18 in this area
51 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11020328
APN: 12-28-202-029
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.
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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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