NOT LISTED FOR SALE

194 Niles Ave Lake Forest, IL 60045

Estimated Value: $872,000 - $931,000

4 Beds
4 Baths
3,000 Sq Ft
$299/Sq Ft Est. Value

Last Sold March 24, 2014

Last sale price $445,000 $148 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $5,793/month

4 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Wood Flooring
  • Cherokee Elementary School Rated A
  • Vaulted Ceiling
  • Main Floor Bedroom

About This Home

As of March 2014

Priced to Sell! You won't find a better value for a home of this size in beautiful H.O. Stone of Lake Forest (east of Buena) on a beautiful high lot! Original owner/architect's own home w/fireplace at its center soars to the height of the 2 story ceiling. Hardwood throughout, big windows, main floor bedroom w/bath & adjacent den, 3 bedrooms up plus a versatile loft for hobby or office. Being shown/sold "as-is".

Last Agent to Sell the Property

Jill Okun

Berkshire Hathaway HomeServices Chicago License #475127890 Listed on: 12/12/2013

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Linda Smith

Compass License #471011105

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,335

Year Built

  • 1969

Lot Details

  • Southern Exposure
  • Wooded Lot

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Den
  • Loft
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,335

Year Built

1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1969
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1969

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 9
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: On Level: Lower
  • Dining Room: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 8X12, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: Den, Loft
  • Master Bedroom: Dimensions: 12X20, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Loft, Dimensions: 15X15, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 2 Name: Den, Dimensions: 12X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 2: Dimensions: 10X17, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X14, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 11X11, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 3000
  • Dining Room Type: Separate
  • Family Room: Dimensions: 15X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Patio
  • Exposure: S (South)
  • Acreage: 0.3

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • 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

Schools

  • School District: 115
  • Elementary School: Cherokee Elementary School
  • Middle School: DEER PATH MIDDLE SCHOOL
  • High School: Lake Forest High School
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 75X170
  • Lot Description: Wooded
  • Parcel Identification Number: 16091180100000

Tax Info

  • Taxes: 5290.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2013
Closed on
Mar 24, 2014
Sold by
Babat Joseph and Babat Myrna A
Bought by
Meadow Eric and Meadow Teresa
Seller's Agent
Jill Okun
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Linda Smith
Compass
List Price
$445,000
Sold Price
$445,000
Current Estimated Value
$896,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,702
Avg. Annual Appreciation
6.21%
Original Mortgage
$407,407
Interest Rate
4%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2003
Sold by
Lasalle Bank Na
Bought by
Babat Joseph and Babat Myrna A
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
Meadow Eric $445,000 Fort Dearborn Title
Babat Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meadow Eric $325,000
Closed Meadow Eric $241,689
Closed Meadow Eric $372,000
Closed Meadow Eric $387,000
Closed Meadow Eric $100,000
Closed Meadow Eric $31,300
Closed Meadow Eric $385,000
Closed Meadow Eric $392,000
Closed Meadow Eric $407,407
Previous Owner Babat Joseph $180,000
Previous Owner American National Bk&Tr Co Of Chicago $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2014 03/24/14 Sold $445,000 0.0% $148 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
12/12/2013 12/12/13 For Sale $445,000 -- $148 / 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 $11,335 $205,316 $74,966 $130,350
2023 $11,335 $197,040 $71,944 $125,096
2022 $9,703 $172,468 $67,770 $104,698
2021 $9,160 $166,282 $65,339 $100,943
2020 $8,919 $166,632 $65,477 $101,155
2019 $8,625 $166,349 $65,366 $100,983
2018 $9,428 $191,476 $69,284 $122,192
2017 $9,334 $190,865 $69,063 $121,802
2016 $9,033 $183,647 $66,451 $117,196
2015 $8,870 $172,552 $62,436 $110,116
2014 $5,640 $170,155 $62,882 $107,273
2012 $5,277 $168,654 $62,327 $106,327
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08502933

Midwest Real Estate Data (MRED)

APN: 16-09-118-010