196 E Old Elm Rd Lake Forest, IL 60045
2
Beds
1
Bath
1,205
Sq Ft
0.33
Acres
Highlights
- Deck
- Ranch Style House
- 2 Car Detached Garage
- Cherokee Elementary School Rated A
- Formal Dining Room
- Entrance Foyer
About This Home
As of May 2024Step back in time when you enter 196 E. Old Elm Rd. in Lake Forest and just imagine what life was like in this 2 bed 1 bath 1205 sq foot home. Oh, if the walls could talk!! This charming cottage style home allows you the opportunity to bring your ideas to make this house your home. Basement offers additional storage and an area for a workshop if you are handy. Screened-in porch and one level living makes this a real GEM. Located in prestigious Lake Forest the property offers a beautiful back yard complete with 19th hole for the golf enthusiast, 2 car detached garage, large deck, mature trees and great location. Just a few short blocks from Lake Michigan beaches, schools, trails, Moraine Dog Beach and Old Elm Golf Course. Don't let this one slip away. Home is sold AS IS.
Last Agent to Sell the Property
Keller Williams North Shore West License #475181058 Listed on: 02/14/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,776
Year Built
- Built in 1920
Lot Details
- 0.33 Acre Lot
- Lot Dimensions are 76 x 165 x 74 x 165
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Farmhouse Style Home
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,205 Sq Ft Home
- Ceiling Fan
- Entrance Foyer
- Formal Dining Room
- Unfinished Basement
- Partial Basement
- Unfinished Attic
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Schools
- Everett Elementary School
- Deer Path Middle School
- Lake Forest High School
Utilities
- One Cooling System Mounted To A Wall/Window
- Baseboard Heating
- Heating System Uses Steam
- Radiant Heating System
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 14, 2024
Closed on
May 2, 2024
Sold by
Muno Michael and Muno John C
Bought by
Arsakularatna Indranath and Arsakularatna Arlene G
Seller's Agent
Jodi Cinq-Mars
Keller Williams North Shore West
Buyer's Agent
Jason Sims
@properties Christie's International Real Estate
List Price
$379,900
Sold Price
$340,000
Premium/Discount to List
-$39,900
-10.5%
Views
13642
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,223
Avg. Annual Appreciation
12.41%
Original Mortgage
$323,000
Outstanding Balance
$320,022
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$71,201
Purchase Details
Listed on
Apr 27, 2015
Closed on
Aug 31, 2015
Sold by
Brasa Joan M
Bought by
Schmit Thomas H
Seller's Agent
Lisa Trace
@properties Christie's International Real Estate
Buyer's Agent
John Comerford
Compass
List Price
$289,000
Sold Price
$235,000
Premium/Discount to List
-$54,000
-18.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Purchase Details
Closed on
Dec 27, 2005
Sold by
Brasa Grace V
Bought by
Brasa Grace V and Brasa Joan M
Similar Home in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $340,000 | Chicago Title | |
| Deed | $235,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $323,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2024 05/15/24 | Sold | $340,000 | -2.8% | $282 / Sq Ft |
| 04/13/2024 04/13/24 | Pending | -- | -- | -- |
| 04/09/2024 04/09/24 | Price Changed | $349,900 | -7.9% | $290 / Sq Ft |
| 03/29/2024 03/29/24 | Price Changed | $379,900 | 0.0% | $315 / Sq Ft |
| 03/29/2024 03/29/24 | For Sale | $379,900 | -2.6% | $315 / Sq Ft |
| 03/22/2024 03/22/24 | Pending | -- | -- | -- |
| 03/18/2024 03/18/24 | Price Changed | $389,900 | -2.5% | $324 / Sq Ft |
| 02/14/2024 02/14/24 | For Sale | $399,900 | +70.2% | $332 / Sq Ft |
| 09/01/2015 09/01/15 | Sold | $235,000 | -12.9% | $195 / Sq Ft |
| 06/24/2015 06/24/15 | Pending | -- | -- | -- |
| 06/03/2015 06/03/15 | Price Changed | $269,900 | -6.6% | $224 / Sq Ft |
| 04/27/2015 04/27/15 | For Sale | $289,000 | -- | $240 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $5,254 | $103,958 | $67,468 | $36,490 |
| 2023 | $5,026 | $99,768 | $64,749 | $35,019 |
| 2022 | $5,026 | $94,512 | $60,993 | $33,519 |
| 2021 | $4,776 | $91,122 | $58,805 | $32,317 |
| 2020 | $4,611 | $91,314 | $58,929 | $32,385 |
| 2019 | $4,463 | $91,159 | $58,829 | $32,330 |
| 2018 | $3,730 | $82,215 | $62,355 | $19,860 |
| 2017 | $3,692 | $81,953 | $62,156 | $19,797 |
| 2016 | $3,560 | $78,854 | $59,806 | $19,048 |
| 2015 | $4,068 | $74,090 | $56,193 | $17,897 |
| 2014 | $3,912 | $83,195 | $56,593 | $26,602 |
| 2012 | $3,849 | $82,461 | $56,094 | $26,367 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Jodi Cinq-Mars
Keller Williams North Shore West
(847) 767-7358
1 in this area
389 Total Sales
-
Buyer's Agent in 2024
Jason Sims
@ Properties
(847) 980-1191
1 in this area
11 Total Sales
-
Seller's Agent in 2015
Lisa Trace
@ Properties
(708) 710-4104
114 in this area
186 Total Sales
-
J
Buyer's Agent in 2015
John Comerford
Compass
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11980698
APN: 16-09-100-002
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