NOT LISTED FOR SALE

151 E Laurel Ave Unit 202 Lake Forest, IL 60045

Estimated Value: $513,675 - $536,000

2 Beds
2 Baths
1,332 Sq Ft
$600/mo HOA Fee

Last Sold November 15, 2021

Last sale price $355,000 $267 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,994/month

137 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Frame Window
  • Double Pane Windows
  • Sheridan Elementary School Rated A
  • Attached Garage
  • Accessibility Features

About This Home

As of November 2021

This sunny second floor east facing condo is quite lovely situated in a quiet in-town Lake Forest boutique condominium building. It has a remarkable mature Honey Locust tree extending its branches in an almost reachable distance to the peaceful shaded terrace where you will sit for your morning coffee or evening quench. This two bedroom, two full bath condo offers solid wood floors, nine foot ceilings and lots of windows plus a large slider. The main living room hosts a direct-vent fireplace for warmth and atmosphere. The kitchen is significant in size for those who love to cook and eat-in. Otherwise, open up the wall to the living room and see the fireplace and terrace while you prepare your delicious meal. The primary bedroom offers two walk in closets and an en-suite full bathroom with a separate tub and shower. The laundry room is spacious offering a full size washer and dryer with room to store supplies in a tall cabinet. The second floor terrace is lovely and shades you while you have a look at the professional landscaping and beauty of your natural surroundings. This condo comes with one garage space on the north end with a carved out small bay for an extra something, and one storage space. If you desire a second garage space it is available at an affordable price. This is a pet friendly building that will allow two pets up to 60 pounds each. The HOA covers gas which translates to heat, fireplace and cooking range! HOA also includes all lawn, snow, scavenger, and common insurance. Walk, run, skip, or drive to many famous Lake Forest shops and restaurants, a European bakery, coffee houses and even gourmet grocery. One could even walk from here to the stunning Lake Forest beach.

Last Agent to Sell the Property

Cynthia Passalino

@properties Christie's International Real Estate License #475186511 Listed on: 06/09/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Houda Chedid

Compass License #471005938

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,587

Year Built

  • 1997

Lot Details

  • 1,873

HOA Fees

  • $600 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Separate Shower
  • Double Pane Windows
  • Blinds
  • Wood Frame Window
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room

Accessible Home Design

  • Accessibility Features

Community Details

Overview

  • 18 Units
  • Brian Beegun Association, Phone Number (847) 724-7851
  • Property managed by Nimrod Realty

Pet Policy

  • Pets Allowed
  • Pets up to 60 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,587

Year Built

1997

Lot Details

0

HOA Fees

$600 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • New Construction Y/N: No
  • Directions: Western Avenue, north of Woodland, left on Laurel to 151.
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1997

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Gas Oven
  • Has Basement: None
  • Fireplace Features: Gas Log, Gas Starter
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Door Features: Sliding Glass Door(s)
  • Window Features: Blinds,Double Pane Windows,Screens,Wood Frames
  • Accessibility Features: Door Width 32 Inches or More, Hall Width 36 Inches or More, Bath Grab Bars, Low Pile Carpeting, No Interior Steps
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Ceiling - 9 Foot, Some Window Treatmnt, Lobby, Some Wall-To-Wall Cp
  • Dining Room Type: No additional rooms
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Electric: 200+ Amp Service
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Nimrod Realty
  • Management Contact Name: Brian Beegun
  • Management Phone: 847-724-7851
  • Amenities: Elevator(s), Storage, Ceiling Fan, Security
  • Association Fee: 600
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Junior High Dist: 115
  • Middle Or Junior School: Lake Forest High School

Lot Info

  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 60

Multi Family

  • Units in Building: 18

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 6848.46
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Nov 10, 2021
Sold by
Vonstroh Catherine B and Christopher S Bacon Trust
Bought by
Erulkar Ruth S and Erulkar Slomon E
Seller's Agent
Cynthia Passalino
@properties Christie's International Real Estate
Buyer's Agent
Houda Chedid
Compass
List Price
$395,000
Sold Price
$355,000
Premium/Discount to List
-$40,000
-10.13%
Current Estimated Value
$526,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,669
Avg. Annual Appreciation
10.50%

Purchase Details

Closed on
Nov 11, 2008
Sold by
Bacon Christopher S
Bought by
Bacon Christopher S and Christopher S Bacon Trust

Purchase Details

Closed on
Jun 13, 2005
Sold by
Wayne Hummer Trust Co Na
Bought by
Bacon Christopher S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2001
Sold by
Lake Forest Bank & Trust Company
Bought by
Wintrust Asset Management Company Na and Trust Lft #1622

Purchase Details

Closed on
Dec 8, 1997
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Lake Forest Bank & Trust Company and The Muriel Sherman Revocable Trust
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
Erulkar Ruth S $352,000 Chicago Title
Bacon Christopher S -- None Available
Bacon Christopher S $384,000 First American Title
Wintrust Asset Management Company Na -- --
Lake Forest Bank & Trust Company $277,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bacon Christopher S $284,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2021 11/15/21 Sold $355,000 -10.1% $267 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $395,000 -- $297 / 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 $7,587 $155,655 $11,800 $143,855
2023 $7,587 $143,488 $10,878 $132,610
2022 $7,587 $131,649 $9,981 $121,668
2021 $7,373 $130,514 $9,895 $120,619
2020 $7,210 $131,236 $9,950 $121,286
2019 $6,848 $128,827 $9,767 $119,060
2018 $5,278 $107,276 $10,700 $96,576
2017 $5,187 $105,483 $10,521 $94,962
2016 $4,962 $100,402 $10,014 $90,388
2015 $4,891 $94,540 $9,429 $85,111
2014 $4,758 $90,737 $10,622 $80,115
2012 $4,626 $91,524 $10,714 $80,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11098912

Midwest Real Estate Data (MRED)

APN: 12-28-307-104