NOT LISTED FOR SALE

1478 N Sheridan Rd Lake Forest, IL 60045

Estimated Value: $2,057,000 - $2,498,000

5 Beds
7 Baths
4,382 Sq Ft
$513/Sq Ft Est. Value

Last Sold June 27, 2012

Last sale price $1,695,000 $387 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $14,351/month

2 Days on Market

Highlights

  • Landscaped Professionally
  • Wooded Lot
  • Steam Shower
  • Sheridan Elementary School Rated A
  • Whirlpool Bathtub
  • Formal Dining Room

About This Home

As of June 2012

Exceptional quality newer construction brick home. High ceilings, HW & travertine flrs, lovely moldings & finishes throughout, luxurious master suite w/ butler service area, marble bath w/ spa tub & steam shower, walk-in dressing rm, finished LL w/ stone FP, 5th BR, full BA, deep windows w/ stone walls, play rm, & bonus room for crafts, exercise or 6th BR. Beautiful lot w/pool & privacy fencing. Grt East LF location.

Last Agent to Sell the Property

Gwen Tolson

Listed on: 03/19/2012

Last Buyer's Agent

Nancy Adelman

Compass License #475123518

Compass

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $29,703

Year Built

  • 2005

Lot Details

  • Landscaped Professionally
  • Wooded Lot

Parking

  • Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Brick Driveway

Home Design

  • Brick Exterior Construction
  • Wood Shingle Roof

Interior Spaces

  • Formal Dining Room

Kitchen

  • Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Finished Basement

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

Schools

  • Sheridan Elementary School
  • Lake Forest High School

Utilities

  • Zoned Heating and Cooling
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$29,703

Year Built

2005

Lot Details

0

Parking

3

Interior Features

  • Total # Of Rooms: 13
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, Central Vacuum, TV-Cable, Security System, CO Detectors, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;
  • Fireplace Type/Details: Gas Logs, Gas Starter
  • Fireplaces: 2
  • Attic: Pull Down Stair
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 20X20
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 14X14
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 13X13
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 13X12
  • Fourth Bedroom Flooring: Carpet
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink
  • Living Room Level: Main Level
  • Living Room Size: 16X13
  • 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: 19X18
  • Family Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet
  • Kitchen Level: Main Level
  • Kitchen Size: 18X16

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick
  • Roof Type: Wood Shakes/Shingles

Garage/Parking

  • Number of Cars: 3
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s), Transmitter(s), Heated
  • Driveway: Asphalt, Brick

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air, Zoned

Condo/Co-op/Association

  • Fee Frequency: Not Applicable

Schools

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

Lot Info

  • Lot Dimensions: 247X100X247X100
  • Lot Description: Landscaped Professionally, Wooded

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2012
Closed on
Jun 27, 2012
Sold by
Otterbeck James A and Otterbeck Suzanne M
Bought by
Damico Pamela C and Bianco Lindsay D
Seller's Agent
Gwen Tolson
Buyer's Agent
Nancy Adelman
Compass
List Price
$1,799,000
Sold Price
$1,695,000
Premium/Discount to List
-$104,000
-5.78%
Current Estimated Value
$2,246,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$551,630
Avg. Annual Appreciation
2.14%

Purchase Details

Closed on
Aug 23, 2004
Sold by
M K Clark & Associates Llc
Bought by
Otterbeck James A and Otterbeck Suzanne M

Purchase Details

Closed on
Oct 1, 2002
Sold by
Peal Robert
Bought by
M K Clark & Assoc Llc

Purchase Details

Closed on
Mar 18, 2002
Sold by
Turner Paul W and Turner Linda K
Bought by
Peal Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.25%

Purchase Details

Closed on
Nov 29, 2000
Sold by
Neal Lawrence P and Neal Dawn A
Bought by
Turner Paul W and Turner Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,176,000
Interest Rate
8%
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
Damico Pamela C $1,695,000 None Available
Otterbeck James A $2,100,000 St
M K Clark & Assoc Llc $612,666 Burnet Title Llc
Peal Robert $500,000 --
Turner Paul W $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peal Robert $450,000
Previous Owner Turner Paul W $1,176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2012 06/27/12 Sold $1,695,000 -5.8% $387 / Sq Ft
03/21/2012 03/21/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $1,799,000 -- $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 $29,703 $520,652 $142,227 $378,425
2023 $29,561 $479,952 $128,538 $351,414
2022 $29,561 $495,579 $127,366 $368,213
2021 $28,739 $491,304 $126,267 $365,037
2020 $28,096 $494,021 $126,965 $367,056
2019 $26,692 $484,952 $124,634 $360,318
2018 $26,194 $508,449 $167,640 $340,809
2017 $25,753 $499,950 $164,838 $335,112
2016 $27,669 $532,365 $156,899 $375,466
2015 $27,358 $501,285 $147,739 $353,546
2014 $29,628 $539,811 $165,800 $374,011
2012 $29,036 $544,493 $167,238 $377,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08021235

Midwest Real Estate Data (MRED)

APN: 12-28-203-005