NOT LISTED FOR SALE

1471 Lake Rd Lake Forest, IL 60045

Estimated Value: $3,885,760 - $5,276,000

4 Beds
6 Baths
5,500 Sq Ft
$840/Sq Ft Est. Value

About This Home

This home is located at 1471 Lake Rd, Lake Forest, IL 60045 and is currently estimated at $4,622,587, approximately $840 per square foot. 1471 Lake Rd is a home located in Lake County with nearby schools including Sheridan Elementary School, Deer Path Middle School East, and Lake Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2021
Sold by
Terrasse Anthony P and Terrasse Mary Anne
Bought by
Terrasse Maryanne and Terrasse Mary Anne
Current Estimated Value
$4,622,587

Purchase Details

Closed on
Mar 15, 2021
Sold by
Terrasse Mary Anne and Terrasse Maryanne Declaration
Bought by
Terrasse Anthony P and Terrasse Mary Anne

Purchase Details

Closed on
Aug 22, 2017
Sold by
Chicago Title Land Trust Co
Bought by
Declaration Terrrasse Maryanne and Maryanne Terrrasse Declaration Of Trust

Purchase Details

Closed on
Dec 22, 2009
Sold by
Lfbt Sfhs Llc
Bought by
Chicago Title Land Trust Company and Trust #8002354209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,625,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2009
Sold by
Richard Marc Custom Homes Inc
Bought by
Lfbt Sfhs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,625,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2004
Sold by
Edwards John H and Edwards Christine A
Bought by
Richard Marc Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 18, 1998
Sold by
Grand Premier Trust & Investment Inc Na
Bought by
Edwards John H and Edwards Christine A
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Terrasse Maryanne -- Carrington Ttl Partners Llc
Terrasse Anthony P -- Carrington Ttl Partners Llc
Declaration Terrrasse Maryanne $3,600,000 First American Title
Chicago Title Land Trust Company $3,750,000 None Available
Lfbt Sfhs Llc -- None Available
Richard Marc Custom Homes Inc $3,500,000 Ticor
Edwards John H $1,547,500 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chicago Title Land Trust Company $2,625,000
Previous Owner Richard Marc Custom Homes Inc $2,800,000
Source: Public Records

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 $65,329 $1,157,419 $435,663 $721,756
2023 $62,222 $1,046,022 $393,732 $652,290
2022 $62,222 $1,036,487 $390,143 $646,344
2021 $60,494 $1,027,547 $386,778 $640,769
2020 $59,138 $1,033,230 $388,917 $644,313
2019 $60,957 $1,099,890 $381,778 $718,112
2018 $34,497 $1,199,880 $510,605 $689,275
2017 $69,597 $1,340,878 $502,070 $838,808
2016 $66,775 $1,276,298 $477,889 $798,409
2015 $66,053 $1,201,788 $449,990 $751,798
2014 $69,084 $1,256,791 $637,385 $619,406
2012 $67,688 $1,267,693 $642,914 $624,779
Source: Public Records

Map

Illinois Lake County Lake Forest 60045

1471 Lake Rd, Lake Forest, IL

This home is located at 1471 Lake Rd, Lake Forest, IL 60045 and is currently estimated at $4,622,587, approximately $840 per square foot. 1471 Lake Rd is a home located in Lake County with nearby schools including Sheridan Elementary School, Deer Path Middle School East, and Lake Forest High School.

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.

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