NOT LISTED FOR SALE

1427 Lakewood Dr Lake Forest, IL 60045

Estimated Value: $1,886,339 - $1,994,000

5 Beds
7 Baths
5,438 Sq Ft
$358/Sq Ft Est. Value

Last Sold August 27, 2013

Last sale price $1,412,500 $260 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $12,926/month

55 Days on Market

Highlights

  • Whirlpool Bathtub
  • Formal Dining Room
  • Circular Driveway
  • Everett Elementary School Rated A
  • Double Oven
  • Central Air

About This Home

As of August 2013

Stately, all brick Georgian in fabulous neighborhood. Available immediately. Grand foyer opens to spacious rooms. Handsome library with rich millwork. Large sunroom with fireplace off family room brings in beautiful southern light. First floor guest suite. Gorgeous kitchen is well appointed. Huge master with spa bath, including sauna. All BR's w/ ensuite baths. The BEST basement ever! Theatre,bar,etc. Gorgeous yard!

Last Agent to Sell the Property

Nancy Adelman

Compass License #475123518 Listed on: 05/22/2013

Compass

Last Buyer's Agent

Joel Epstein

North Shore Buyer Brokers LLC License #471004059

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $27,933

Year Built

  • 1989

Lot Details

  • 1.38

Parking

  • Garage
  • Heated Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Brick Exterior Construction
  • Wood Shingle Roof

Kitchen

  • Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • Everett Elementary School
  • Lake Forest High School

Additional Features

  • Formal Dining Room
  • Central Air

Property Details

Home Type

Other

Est. Annual Taxes

$27,933

Year Built

1989

Lot Details

0

Parking

4

Interior Features

  • Total # Of Rooms: 15
  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer
  • Equipment: Security System, Intercom, Sump Pump, Sprinkler-Lawn
  • Fireplace Type/Details: Wood Burning, Gas Logs, Gas Starter
  • Fireplaces: 3
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 24X21
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 24X14
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 25X15
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 13X12
  • Fourth Bedroom Flooring: Carpet
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Living Room Level: Main Level
  • Living Room Size: 28X13
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 17X14
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 20X14
  • Family Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Kitchen Level: Main Level
  • Kitchen Size: 22X17
  • Kitchen Flooring: Hardwood

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Brick
  • Roof Type: Wood Shakes/Shingles

Garage/Parking

  • Number of Cars: 4
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s), Heated
  • Driveway: Circular

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Heat/Fuel: Gas, Forced Air

Schools

  • Elementary School: Everett Elementary School
  • High School: Lake Forest High School
  • Junior High Dist: 67
  • Junior High: Deer Path Middle School

Lot Info

  • Lot Dimensions: 247X356X424X42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2013
Closed on
Aug 23, 2013
Sold by
Milanak Daniel K and Milanak Susan R
Bought by
Rahim Ahsan and Aqeel Syeda Aneeqa
Seller's Agent
Nancy Adelman
Compass
Buyer's Agent
Joel Epstein
North Shore Buyer Brokers LLC
List Price
$1,575,000
Sold Price
$1,412,500
Premium/Discount to List
-$162,500
-10.32%
Total Days on Market
55
Current Estimated Value
$1,948,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,280
Avg. Annual Appreciation
2.82%
Original Mortgage
$417,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 14, 2008
Sold by
Milanak Daniel K and Milanak Susan Reichert
Bought by
Milanak Daniel K and Milanak Susan R

Purchase Details

Closed on
Aug 18, 2005
Sold by
Chicago Title Land Trust Co
Bought by
Milanak Susan Reichert and Milanak Daniel K

Purchase Details

Closed on
Dec 18, 2004
Sold by
Florjancic Frederick J and Florjancic Barbara J
Bought by
Chicago Title Land Trust Co and Trust #F425889

Purchase Details

Closed on
Jun 24, 1997
Sold by
Caplan Lawrence P and Caplan Suellen A
Bought by
Florjancic Frederick J and Florjancic Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
8.01%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Rahim Ahsan $1,412,500 None Available
Milanak Daniel K -- None Available
Milanak Susan Reichert $1,575,000 Greater Illinois Title Compa
Chicago Title Land Trust Co $1,575,000 Greater Illinois Title Compa
Florjancic Frederick J $975,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahim Ahsan $650,000
Closed Rahim Ahsan $250,000
Closed Rahim Ahsan $417,000
Previous Owner Milanek Susan Reichert $500,000
Previous Owner Florjancic Frederick J $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2013 08/27/13 Sold $1,412,500 -10.3% $260 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $1,575,000 -- $290 / 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 $27,933 $473,467 $144,708 $328,759
2023 $25,132 $454,383 $138,875 $315,508
2022 $25,132 $424,518 $181,306 $243,212
2021 $23,761 $409,292 $174,803 $234,489
2020 $25,038 $443,238 $175,171 $268,067
2019 $24,215 $442,486 $174,874 $267,612
2018 $25,324 $490,853 $185,352 $305,501
2017 $25,083 $489,288 $184,761 $304,527
2016 $24,319 $493,721 $177,774 $315,947
2015 $25,141 $463,893 $167,034 $296,859
2014 $22,206 $415,332 $168,229 $247,103
2012 $21,442 $411,668 $166,745 $244,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08349330

Midwest Real Estate Data (MRED)

APN: 16-07-102-043