NOT LISTED FOR SALE

171 Park Ave Lake Forest, IL 60045

Estimated Value: $841,000 - $952,000

3 Beds
3 Baths
2,203 Sq Ft
$404/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $555,000 $252 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,678/month

9 Days on Market

Highlights

  • Detached Garage
  • Sheridan Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of September 2020

PRICED TO SELL - Amazing East Lake Forest Location! Blocks to Lake Forest High School, Sheridan School and downtown Lake Forest and Lake Bluff. Close to the beaches of Lake Michigan and Metra train and less than 100 yds to the running path! Picture perfect 3 bedroom, 2.1 bath home. Recently updated large, bright, eat-in kitchen has newer hardwood floors, white cabinets, granite countertops & stainless appliances. Large center island and dining area leads into private, fenced yard & 2.5 car garage with tons of storage. First floor boasts a light filled entryway, spacious living room and adjacent dining alcove, completed by family room w/large bay windows overlooking the patio and backyard. Enjoy the large 2nd floor master suite with vaulted ceiling, beautiful windows, walk-in closet, large sitting area and spa-like bath with double sinks, whirlpool tub and stand-alone shower. Convenient 2nd story laundry room, 2 additional bedrooms and family bath. Move right in and enjoy everything Lake Forest has to offer!

Last Agent to Sell the Property

Megan Leadbetter

Coldwell Banker Realty License #475185459 Listed on: 07/23/2020

Coldwell Banker Realty

Last Buyer's Agent

Megan Leadbetter

Coldwell Banker Realty License #475185459 Listed on: 07/23/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,751

Year Built | Renovated

  • 1951 | 1999

Lot Details

  • 8,712

Parking

  • Detached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Stucco Exterior

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Crawl Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,751

Year Built | Renovated

1951 | 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 1999
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951
  • Year Renovated: 1999

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 19X14, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X7, On Level: 2nd Level, Flooring: Vinyl
  • Dining Room: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 25X13, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 27X15, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 15X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2203
  • Family Room: Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Stucco
  • Acreage: 0.201

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 2203

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: 50X175
  • Parcel Identification Number: 12281040050000

Tax Info

  • Taxes: 9983.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2024
Sold by
Kane Kaylan and Kane Ryan
Bought by
Kane Kaylan and Evans Ryan
Current Estimated Value
$889,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,900
Outstanding Balance
$537,792
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$351,260

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 8, 2020
Sold by
Lucas Michael and Lucas Jennifer
Bought by
Kane John T and Kane Kaylan
Seller's Agent
Megan Leadbetter
Coldwell Banker Realty
Buyer's Agent
Megan Leadbetter
Coldwell Banker Realty
List Price
$579,000
Sold Price
$555,000
Premium/Discount to List
-$24,000
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$499,500
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2009
Sold by
Kasdin Michael and Kasdin Jennifer
Bought by
Lucas Michael and Lucas Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2004
Sold by
Wayne Hummer Trust Co Na
Bought by
Kasdin Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 1998
Sold by
Banco Popular
Bought by
Lake Forest Bank & Trust Company and Trust #Lft-1258

Purchase Details

Closed on
Jul 7, 1997
Sold by
Tyler Theodore E and Grover Sally A
Bought by
Banco Popular and Trust #26358

Purchase Details

Closed on
Oct 31, 1994
Sold by
Vogler Joseph H and Sachs Mary Jayne
Bought by
Grover Sally A and Tyler Theodore E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,550
Interest Rate
8.12%
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
Kane Kaylan -- Stewart Title
Kane John T $555,000 Multiple
Lucas Michael $445,000 Multiple
Kasdin Michael $555,000 Chicago Title Insurance Comp
Lake Forest Bank & Trust Company -- --
Banco Popular $188,000 --
Grover Sally A $169,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kane Kaylan $547,900
Previous Owner Kane John T $499,500
Previous Owner Lucas Michael $345,000
Previous Owner Kasdin Michael $444,000
Previous Owner Grover Sally A $160,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2020 09/11/20 Sold $555,000 -4.1% $252 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $579,000 -- $263 / 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 $11,751 $232,339 $100,330 $132,009
2023 $11,059 $194,706 $84,079 $110,627
2022 $11,059 $189,149 $81,679 $107,470
2021 $10,749 $187,518 $80,975 $106,543
2020 $10,510 $188,555 $81,423 $107,132
2019 $9,984 $185,093 $79,928 $105,165
2018 $7,500 $149,898 $82,948 $66,950
2017 $7,372 $147,392 $81,561 $65,831
2016 $7,059 $140,293 $77,633 $62,660
2015 $6,966 $132,103 $73,101 $59,002
2014 $6,857 $129,511 $65,631 $63,880
2012 $6,734 $130,634 $66,200 $64,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10792232

Midwest Real Estate Data (MRED)

APN: 12-28-104-005