NOT LISTED FOR SALE

1525 N Sheridan Rd Lake Forest, IL 60045

Estimated Value: $861,248 - $1,077,000

3 Beds
1.5 Baths
1,496 Sq Ft
$625/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $720,000 $481 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,241/month

88 Days on Market

Highlights

  • 0.82 Acre Lot
  • Georgian Architecture
  • Fenced Yard
  • Sheridan Elementary School Rated A
  • Formal Dining Room
  • Enclosed Patio or Porch

About This Home

As of May 2022

This solid, all brick, vintage home is in need of full renovation. Approximately 1500s.f. Three bedrooms, 1.5 baths. Yet the possibilities are endless, with a lovely .81 acre lot on Sheridan Road allowing for tremendous expansion possibilities or create your plans for a new residence. Lot dimensions 102 x 349. Please do not access the property without an appointment. Easy to show. Estate property being sold AS IS. Property survey is in Additional Information.

Last Agent to Sell the Property

Nancy Adelman

Compass License #475123518 Listed on: 01/20/2022

Compass

Co-Listed By

Katherine Hudson

Compass License #475133571

Last Buyer's Agent

Vera Purcell

Compass License #475125066

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,820

Year Built

  • Built in 1941

Lot Details

  • 0.82 Acre Lot
  • Lot Dimensions are 102 x 349
  • Fenced Yard

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,496 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Enclosed Patio or Porch
  • Outbuilding

Schools

  • Sheridan Elementary School
  • Deer Path Middle School
  • Lake Forest High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Power Generator
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,820

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Georgian
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1941
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LivingArea: 1496
  • Other Equipment: Generator
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Pull Down Stair

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 795000
  • Lot Features: Fenced Yard
  • OtherStructures: Outbuilding
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 4
  • Number of Cars: 4
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.8178
  • Lot Dimensions: 102 X 349
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 12819.92
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
May 27, 2022
Sold by
Kathleen A Romberg Trust
Bought by
Roth Walter and Skoglund Kristin
Seller's Agent
Nancy Adelman
Compass
Buyer's Agent
Vera Purcell
Compass
List Price
$875,000
Sold Price
$720,000
Premium/Discount to List
-$155,000
-17.71%
Current Estimated Value
$935,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,312
Avg. Annual Appreciation
8.00%
Original Mortgage
$540,000
Outstanding Balance
$512,539
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$422,773
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
Roth Walter $720,000 Semmelman & Wisneski Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roth Walter $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $720,000 -17.7% $481 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $875,000 -- $585 / 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 $15,569 $300,002 $191,849 $108,153
2023 $14,202 $263,381 $168,430 $94,951
2022 $14,202 $246,207 $157,448 $88,759
2021 $13,803 $244,083 $156,090 $87,993
2020 $13,496 $245,433 $156,953 $88,480
2019 $12,820 $240,928 $154,072 $86,856
2018 $14,491 $289,024 $205,646 $83,378
2017 $14,243 $284,192 $202,208 $81,984
2016 $13,641 $270,504 $192,469 $78,035
2015 $13,462 $254,712 $181,233 $73,479
2014 $14,762 $276,905 $203,388 $73,517
2012 $14,542 $279,307 $205,152 $74,155
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11308032

Midwest Real Estate Data (MRED)

APN: 12-28-202-005