NOT LISTED FOR SALE

1477 N Mckinley Rd Lake Forest, IL 60045

Estimated Value: $752,000 - $989,000

4 Beds
3 Baths
1,728 Sq Ft
$482/Sq Ft Est. Value

Last Sold June 01, 2018

Last sale price $497,500 $288 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,314/month

60 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Stainless Steel Appliances
  • Sheridan Elementary School Rated A
  • Main Floor Bedroom
  • Fenced Yard

About This Home

As of June 2018

Surprisingly spacious and as charming on the inside as it looks on the outside. Fantastic enclosed front porch welcomes you to this fresh, bright home. 4 generous sized Bedrooms and 3 updated full baths; Master bedroom with en-suite bath & 2 more bedrooms on 2nd floor, all with large closets were added when the house was fully renovated! Full bath & one bedroom on 1st floor, currently used as home office. High ceilings, hardwood floors, beautiful built ins, neutral decor. Bright white kitchen with SS appliances. Great livable finished basement with cork flooring. Thoughtful, efficient use of space, tons of storage!! 3 levels of living with plenty of room to enjoy, work or play. Gorgeous private fenced yard with brick patio, an abundance of perennials and veggies. Sought after East location, close to schools, bike path, train, beach, downtown Lake Bluff and Lake Forest! Walk to everything! Move right in and enjoy!

Last Agent to Sell the Property

Tracy Wurster

Compass License #475132103 Listed on: 01/13/2018

Compass

Co-Listed By

Sally Wood

Berkshire Hathaway HomeServices Chicago License #475164261

Last Buyer's Agent

Tracy Wurster

Compass License #475132103 Listed on: 01/13/2018

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,905

Year Built

  • 1919

Lot Details

  • 7,144

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Gas Log Fireplace
  • Recreation Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Partial Air Conditioning Available
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Enclosed Patio or Porch
  • Fenced Yard

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $750 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,905

Year Built

1919

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train
  • Age: 91-100 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Type Detached: 2 Stories
  • Estimated Year Built: 1919
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1919

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 15X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Gas Logs, Gas Starter
  • Attic: Dormer, Full, Pull Down Stair, Unfinished
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Enclosed Porch, Recreation Room
  • Master Bedroom: Dimensions: 17X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Recreation Rm, Dimensions: 35X10, On Level: Basement, Flooring: Wood Laminate
  • Additional Room 2 Name: Enclosed Porch, Dimensions: 16X7, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 15X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1728
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Block
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch, Storms/Screens

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Partial
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Assessed Sq Ft: 2448

Schools

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

Lot Info

  • Lot Dimensions: 149X50
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 12281040460000

Tax Info

  • Taxes: 9490.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2019
Sold by
Gerber Eric T and Gerber Lynn F
Bought by
Gerber Eric T
Current Estimated Value
$833,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Outstanding Balance
$346,940
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$486,288

Purchase Details

Listed on
Jan 13, 2018
Closed on
May 25, 2018
Sold by
Neri Thomas and Neri Cynthia
Bought by
Gerber Eric and Gerber Lyn F
Seller's Agent
Tracy Wurster
Compass
Buyer's Agent
Tracy Wurster
Compass
List Price
$549,000
Sold Price
$497,500
Premium/Discount to List
-$51,500
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$398,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 19, 2014
Closed on
Dec 5, 2014
Sold by
Flannery Anne H and Flannery Michael J
Bought by
Neri Thomas and Neri Cynthia
Seller's Agent
Kiki Clark
Jameson Sotheby's International Realty
Buyer's Agent
Katherine Hudson
Compass
List Price
$585,000
Sold Price
$558,000
Premium/Discount to List
-$27,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.24%
Original Mortgage
$446,400
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 18, 1996
Sold by
Flannery Anne H
Bought by
Flannery Michael J and Flannery Anne H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7.87%

Purchase Details

Closed on
Jul 12, 1994
Sold by
Stephens Mary D
Bought by
Flannery Michael J and Flannery Anne H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
8.41%
Source: Public Records

Range of Values:

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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
Gerber Eric T -- Fidelity National Title
Gerber Eric $497,500 Fort Dearborn Title
Neri Thomas $558,000 Fort Dearborn Title
Flannery Michael J -- Chicago Title Insurance Co
Flannery Michael J $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerber Eric T $393,000
Closed Gerber Eric $398,000
Previous Owner Neri Thomas $446,400
Previous Owner Flannery Michael J $255,000
Previous Owner Flannery Michael J $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2018 06/01/18 Sold $497,500 -9.4% $288 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
01/13/2018 01/13/18 For Sale $549,000 -1.6% $318 / Sq Ft
12/10/2014 12/10/14 Sold $558,000 -4.6% $305 / Sq Ft View Prior Sale
10/28/2014 10/28/14 Pending -- -- --
09/14/2014 09/14/14 For Sale $585,000 0.0% $319 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
09/03/2014 09/03/14 Price Changed $585,000 -2.3% $319 / Sq Ft
07/10/2014 07/10/14 Price Changed $599,000 -4.8% $327 / Sq Ft
05/19/2014 05/19/14 For Sale $629,000 -- $343 / 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 $10,905 $206,473 $76,051 $130,422
2023 $9,869 $181,270 $66,768 $114,502
2022 $9,869 $169,450 $62,414 $107,036
2021 $9,593 $167,989 $61,876 $106,113
2020 $9,379 $168,918 $62,218 $106,700
2019 $8,910 $165,817 $61,076 $104,741
2018 $9,189 $165,817 $81,989 $83,828
2017 $9,906 $195,991 $80,618 $115,373
2016 $9,491 $186,551 $76,735 $109,816
2015 $9,372 $175,660 $72,255 $103,405
2014 $5,245 $100,463 $56,106 $44,357
2012 $5,155 $101,335 $56,593 $44,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09832533

Midwest Real Estate Data (MRED)

APN: 12-28-104-046