$552,500
SOLD APR 7, 2023

1433 Lorete Ln Northbrook, IL 60062

2 Beds
2 Baths
2,505 Sq Ft
0.27 Acres

Recently Sold

$221 Per Sq Ft

5% Below List Price

4 Days on Market

Highlights

  • Recreation Room
  • Vaulted Ceiling
  • Wood Flooring
  • Hickory Point Elementary School Rated A-
  • Ranch Style House
  • L-Shaped Dining Room

About This Home

As of May 2024

Light-filled Ville Du Parc 2 bedroom, 2 full bath ranch with cathedral ceilings and finished basement. District 27 schools. This house has been lovingly cared for and updated by longtime owners. Spacious kitchen with plenty of storage, stainless steel appliances, and eating area. The open-concept family room and dining room feature parquet floors, lots of windows, and a mirrored wall for maximum light and warmth. The cozy living room features a stone fireplace, built-in bookcases, a wet-bar, and amazing beamed ceilings with parquet floors. Enjoy coffee in the mornings or wine in the evenings on the back patio. Primary suite boasts its own seating area (used to be the 3rd bedroom and could be converted back), an updated bathroom with spa-like shower and tile floors. Ready to move in!

Last Agent to Sell the Property

Kati Spaniak

eXp Realty License #471020379 Listed on: 03/16/2023

eXp Realty

Last Buyer's Agent

Patricia Denenberg

@properties Christie's International Real Estate License #471003431

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,622

Year Built

  • Built in 1976

Lot Details

  • 0.27 Acre Lot
  • Paved or Partially Paved Lot

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,505 Sq Ft Home
  • Wet Bar
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room
  • L-Shaped Dining Room
  • Recreation Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Shabonee Elementary School
  • Wood Oaks Junior High School
  • Glenbrook North High School

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include clubhouse, pool, lawn care, scavenger, snow removal
  • Polina Stein Association, Phone Number (847) 634-4772
  • Ville Du Parc Subdivision
  • Property managed by MK Management

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,622

Year Built

Built in 1976

Lot Details

0

HOA Fees

$410 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Ville Du Parc
  • Year Built: 1976
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, Walk-In Closet(s)
  • LivingArea: 2505
  • Other Equipment: Sump Pump
  • Room Type: Eating Area, Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 579000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 410
  • Association Fee Frequency: Monthly
  • Community Features: Curbs, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: MK Management
  • Management Contact Name: Polina Stein
  • Management Phone: 847-634-4772
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Clubhouse, Pool, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Shabonee School
  • High School: Glenbrook North High School
  • Middle/Junior School: Wood Oaks Junior High School
  • Middle/Junior School District: 27
  • Elementary School #2: Hickory Point Elementary School

Lot Info

  • Lot Size Acres: 0.2656
  • Lot Dimensions: 11571
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7622.3
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
May 1, 2024
Sold by
Homewerx Llc
Bought by
Cynthia Sue Cohen Trust
Seller's Agent
Patricia Denenberg
@properties Christie's International Real Estate
Buyer's Agent
Susan Teper
@properties Christie's International Real Estate
List Price
$939,000
Sold Price
$970,000
Premium/Discount to List
$31,000
3.3%
Views
49
Current Estimated Value
$988,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,428
Avg. Annual Appreciation
1.59%
Original Mortgage
$744,000
Outstanding Balance
$735,758
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$252,670

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 7, 2023
Sold by
Phillip C Zagon Declaration Of Trust
Bought by
Homewerx Llc
Seller's Agent
Kati Spaniak
eXp Realty
Buyer's Agent
Patricia Denenberg
@properties Christie's International Real Estate
List Price
$579,000
Sold Price
$552,500
Premium/Discount to List
-$26,500
-4.58%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.59%

Purchase Details

Closed on
Jul 1, 1998
Sold by
Chicago Title Land Trust Company
Bought by
Zagon Phillip C and Zagon Vicki
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 $970,000 Fidelity National Title
Deed $552,500 None Listed On Document
Trustee Deed $303,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $101,000 New Conventional
Open $744,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $970,000 +3.3% $387 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $939,000 +70.0% $375 / Sq Ft
04/07/2023 04/07/23 Sold $552,500 -4.6% $221 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $579,000 -- $231 / 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 $12,136 $58,001 $17,357 $40,644
2023 $11,680 $58,001 $17,357 $40,644
2022 $11,680 $58,001 $17,357 $40,644
2021 $7,622 $49,427 $15,042 $34,385
2020 $6,995 $49,427 $15,042 $34,385
2019 $6,870 $54,316 $15,042 $39,274
2018 $7,486 $52,236 $13,306 $38,930
2017 $7,149 $52,236 $13,306 $38,930
2016 $7,555 $52,236 $13,306 $38,930
2015 $8,818 $44,972 $10,992 $33,980
2014 $8,426 $44,972 $10,992 $33,980
2013 $8,383 $44,972 $10,992 $33,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11739026

Midwest Real Estate Data (MRED)

APN: 04-08-402-042-0000