NOT LISTED FOR SALE

1471 Kathryn Ln Lake Forest, IL 60045

Estimated Value: $2,191,000 - $2,684,000

7 Beds
8 Baths
7,049 Sq Ft
$344/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $2,450,000 $348 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $15,875/month

272 Days on Market

Highlights

  • In Ground Pool
  • Landscaped Professionally
  • Recreation Room
  • Everett Elementary School Rated A
  • Property is near a forest
  • Vaulted Ceiling

About This Home

As of August 2014

Outstanding French Normandy w/every amenity! Prime 1.24 acre backs to Forest Preserve w/breathtaking views, stone patios, prof landscaping, in-ground pool. Interior w/ultra high level of finish. Elegant foyer, 2-story library, gorgeous kit opens to family rm, 1st flr master suite, private guest wing. Lower level is a dream w/rec, bar, billiards, play rm, exercise rm, spa bath, 7th bdrm. Move-in condition. Stunning!

Last Agent to Sell the Property

Mona Hellinga

@properties Christie's International Real Estate License #471003447 Listed on: 11/01/2013

@properties Christie's International Real Estate

Last Buyer's Agent

Glenn Rickel

Redfin Corporation License #471000802

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,191

Year Built

  • 2001

Lot Details

  • East or West Exposure
  • Fenced Yard
  • Landscaped Professionally

HOA Fees

  • $83 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Circular Driveway
  • Brick Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Shingle Roof
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Breakfast Room
  • Library
  • Recreation Room
  • Game Room
  • Screened Porch
  • Utility Room with Study Area
  • Home Gym
  • Storm Screens

Kitchen

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

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • In Ground Pool
  • Patio

Location

  • Property is near a forest

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,191

Year Built

2001

Lot Details

0

HOA Fees

$83 per month

Parking

4

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Age: 11-15 Years
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 5
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 7.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2001
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 17
  • Living Room: Dimensions: 22X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Wine Cooler/Refrigerator
  • Equipment: Humidifier, Central Vacuum, Security System, CO Detectors, Ceiling Fan, Sump Pump, Sprinkler-Lawn, Air Cleaner, Backup Sump Pump;
  • Fireplace Details: Wood Burning, Gas Logs, Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Family Room, Living Room, Master Bedroom, Basement
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 7
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink
  • Above Grade Bedrooms: 6
  • Laundry: Dimensions: 11X10, On Level: Main Level, Flooring: Travertine
  • Dining Room: Dimensions: 16X17, 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, Pantry-Closet, Pantry-Walk-in
  • Additional Rooms: 5th Bedroom, 6th Bedroom, 7th Bedroom, Breakfast Room, Exercise Room, Foyer, Game Room, Library, Recreation Room, Screened Porch, Study
  • Master Bedroom: Dimensions: 20X18, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 17X20, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 15X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Library, Dimensions: 14X19, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Breakfast Rm, Dimensions: 17X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 15X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Screened Porch, Dimensions: 11X11, On Level: Main Level, Flooring: Stone
  • Additional Room 6 Name: Study, Dimensions: 7X25, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 7 Name: Recreation Rm, Dimensions: 38X18, On Level: Basement, Flooring: Carpet
  • Additional Room 8 Name: Exercise Rm, Dimensions: 20X18, On Level: Basement, Flooring: Other
  • Additional Room 9 Name: 7th Bdrm, Dimensions: 12X14, On Level: Basement, Flooring: Carpet
  • Additional Room 10 Name: Game Rm, Dimensions: 14X21, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 7049
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X18, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Brick, Stone
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Patio, Porch Screened, Brick Paver Patio, Pool In-Ground, Storms/Screens
  • Exposure: W (West)
  • Acreage: 1.24

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 4
  • Driveway: Asphalt, Brick, Circular
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, 2+ Sep Heating Systems, Zoned

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Common Insurance
  • Assessment Association Fees: 1000

Schools

  • School District: 115
  • Elementary School: EVERETT ELEMENTARY SCHOOL
  • Middle School: DEER PATH MIDDLE SCHOOL
  • High School: LAKE FOREST HIGH SCHOOL
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 163.43X319.74X160.6X349.2
  • Lot Description: Fenced Yard, Forest Preserve Adjacent, Landscaped Professionally
  • Parcel Identification Number: 16083010140000

Tax Info

  • Taxes: 25321.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2013
Closed on
Aug 28, 2014
Sold by
Abel Stacy and Stacy Abel Revocable Trust
Bought by
Gudivaka Venkata V and Gudivaka Deepali
Seller's Agent
Mona Hellinga
@properties Christie's International Real Estate
Buyer's Agent
Glenn Rickel
Redfin Corporation
List Price
$2,895,000
Sold Price
$2,450,000
Premium/Discount to List
-$445,000
-15.37%
Current Estimated Value
$2,425,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,031
Avg. Annual Appreciation
-0.31%
Original Mortgage
$1,960,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 18, 2011
Sold by
Childs Jamie P and Childs Sophia T
Bought by
Abel Stacy and The Stacy Abel Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,471,800
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 31, 2001
Sold by
Frias Manuel A and Frias Sylvia
Bought by
Childs Jamie P and Childs Sophia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,720,000
Interest Rate
9.5%
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
Gudivaka Venkata V $2,450,000 Ct
Abel Stacy $2,800,000 Greater Metropolitan Title L
Childs Jamie P $860,000 Standard Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gudivaka Venkata V $2,000,000
Closed Gudivaka Venkata V $1,960,000
Previous Owner Abel Stacy $1,471,800
Previous Owner Childs Jamie P $1,000,000
Previous Owner Childs Jamie P $750,000
Previous Owner Childs Jamie P $297,600
Previous Owner Childs Jamie P $300,000
Previous Owner Childs Jamie P $250,000
Previous Owner Childs Jamie P $2,575,437
Previous Owner Childs Jamie P $1,720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2014 08/28/14 Sold $2,450,000 -12.3% $348 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
04/03/2014 04/03/14 Price Changed $2,795,000 -3.5% $397 / Sq Ft
11/01/2013 11/01/13 For Sale $2,895,000 -- $411 / 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 $31,191 $527,773 $161,177 $366,596
2023 $27,429 $506,500 $154,680 $351,820
2022 $27,429 $462,828 $162,911 $299,917
2021 $25,934 $446,228 $157,068 $289,160
2020 $25,261 $447,168 $157,399 $289,769
2019 $24,429 $446,409 $157,132 $289,277
2018 $30,106 $582,562 $166,548 $416,014
2017 $29,817 $580,704 $166,017 $414,687
2016 $28,911 $558,745 $159,739 $399,006
2015 $28,496 $524,988 $150,088 $374,900
2014 $25,304 $472,426 $151,162 $321,264
2012 $24,432 $468,259 $149,829 $318,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08480159

Midwest Real Estate Data (MRED)

APN: 16-08-301-014