NOT LISTED FOR SALE

1541 Heritage Ct Lake Forest, IL 60045

Estimated Value: $1,514,000 - $1,847,000

5 Beds
5 Baths
5,954 Sq Ft
$289/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $1,050,000 $176 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $11,044/month

45 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Georgian Architecture
  • Everett Elementary School Rated A
  • Vaulted Ceiling
  • Main Floor Bedroom

About This Home

As of May 2021

Nestled above what feels like a private road, this property offers the epitome of everything "from home". Work from home, learn from home, exercise from home. High ceilings and bright vistas throughout. South facing sun drenched conservatory. Upstairs, a generous primary bedroom has a withdrawing room with fireplace & elegant bathroom. Two further bedrooms share a Jack & Jill bathroom. Bedroom four is ensuite. Bedroom five with ensuite bathroom is located on the main floor. Basement is a blank canvas awaiting your style & taste. Host socially distant gatherings in the 1.3 acre yard with lawn & woods. Plenty of room for a sport court and swimming pool with the right permits. Walk to school, cycle to coffee., good retail & gyms very nearby.

Last Agent to Sell the Property

Luke Mutter

RE/MAX Suburban License #471020502 Listed on: 01/29/2021

RE/MAX Suburban

Last Buyer's Agent

Liz Anderson

@properties Christie's International Real Estate License #475131755

Home Details

Home Type

  • Single Family

Year Built

  • 1985

Lot Details

  • 1.38

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Shingle Roof

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • Mud Room
  • Entrance Foyer
  • Sitting Room
  • Breakfast Room
  • Den
  • Heated Sun or Florida Room
  • Utility Room with Study Area
  • Unfinished Basement
  • English Basement

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Deck
  • Wooded Lot

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,200 Seller Concession

Home Details

Home Type

Single Family

Year Built

1985

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 31-40 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.1
  • Style Of House: Georgian
  • Type Detached: 2 Stories
  • Estimated Year Built: 1985
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 14
  • Living Room: Dimensions: 21X12, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal
  • Fireplace Location: Family Room, Master Bedroom
  • Basement: English
  • Basement: Unfinished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 12X11, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 24X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Pantry-Butler
  • Additional Rooms: 5th Bedroom, Breakfast Room, Den, Study, Sitting Room, Foyer, Mud Room, Pantry, Sun/Florida Room Heated
  • Master Bedroom: Dimensions: 19X13, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Breakfast Rm, Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 16X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Den, Dimensions: 21X16, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 15X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Study, Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Sitting, Dimensions: 16X13, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 6 Name: Foyer, Dimensions: 28X15, On Level: Main Level, Flooring: Hardwood
  • Additional Room 7 Name: Mud, Dimensions: 11X8, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Room 8 Name: Pantry, Dimensions: 12X7, On Level: Main Level, Flooring: Hardwood
  • Additional Room 9 Name: Sun/Florida Room Heated, Dimensions: 16X12, On Level: Main Level, Flooring: Ceramic Tile
  • Estimated Sq Ft: 5954
  • Dining Room Type: Separate
  • Family Room: Dimensions: 24X16, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Brick
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Deck
  • Acreage: 1.38

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 200 X 300
  • Lot Description: Wooded
  • Parcel Identification Number: 16073010640000

Tax Info

  • Taxes: 22541.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
May 17, 2021
Sold by
Faidi Susan and Susan Faidi Trust
Bought by
Jacobsen Martin and Jacobsen Katie L
Seller's Agent
Luke Mutter
RE/MAX Suburban
Buyer's Agent
Liz Anderson
@properties Christie's International Real Estate
List Price
$1,099,000
Sold Price
$1,050,000
Premium/Discount to List
-$49,000
-4.46%
Current Estimated Value
$1,721,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$671,446
Avg. Annual Appreciation
11.35%
Original Mortgage
$630,000
Outstanding Balance
$570,045
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,151,401

Purchase Details

Listed on
May 8, 2015
Closed on
Sep 21, 2015
Sold by
Connelly James G and Connelly Mary E
Bought by
Suan Faidi Trust
Seller's Agent
William Castle
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Violetta Jaskula
Coldwell Banker Realty
List Price
$1,495,000
Sold Price
$1,200,000
Premium/Discount to List
-$295,000
-19.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.34%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jacobsen Martin $1,050,000 Attorneys Ttl Guaranty Fund
Suan Faidi Trust $1,200,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobsen Martin $630,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2021 05/17/21 Sold $1,050,000 -4.5% $176 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $1,099,000 0.0% $185 / Sq Ft
03/30/2019 03/30/19 Rented $6,000 0.0% --
03/23/2019 03/23/19 Under Contract -- -- --
01/14/2019 01/14/19 For Rent $6,000 0.0% --
09/22/2015 09/22/15 Sold $1,200,000 -11.1% $202 / Sq Ft View Prior Sale
09/04/2015 09/04/15 Pending -- -- --
08/10/2015 08/10/15 Price Changed $1,350,000 -9.7% $227 / Sq Ft
05/08/2015 05/08/15 For Sale $1,495,000 -- $251 / 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 $23,961 $398,945 $155,020 $243,925
2023 $28,178 $382,865 $148,772 $234,093
2022 $28,178 $469,273 $181,306 $287,967
2021 $26,654 $452,442 $174,803 $277,639
2020 $25,014 $442,737 $175,171 $267,566
2019 $24,188 $441,986 $174,874 $267,112
2018 $21,627 $417,009 $185,352 $231,657
2017 $21,580 $415,679 $184,761 $230,918
2016 $20,933 $467,375 $177,774 $289,601
2015 $24,111 $439,139 $167,034 $272,105
2014 $21,323 $399,048 $168,229 $230,819
2012 $20,590 $395,528 $166,745 $228,783
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10982800

Midwest Real Estate Data (MRED)

APN: 16-07-301-064