$1,370,000
SOLD JUL 9, 2015

1981 W Southmeadow Ln Lake Forest, IL 60045

5 Beds
6 Baths
4,226 Sq Ft
0.77 Acres

Recently Sold

$324 Per Sq Ft

5% Below List Price

37 Days on Market

Highlights

  • Water Views
  • Landscaped Professionally
  • Recreation Room
  • Everett Elementary School Rated A
  • Pond
  • Wooded Lot

About This Home

As of January 2022

Honey, stop the car! Soaring French Country gables accent this brick, stone & stucco home on a 3/4-acre lot overlooking a scenic pond. Built in 2001, it's an entertainer's delight, w/ a gorgeous designer kitchen open to the family room, French doors leading to 2 circular paver patios, a courtyard off the dining room, elegant library, 1st & 2nd floor master suites, 10' & 11' ceilings, loft & fin bsmt. This is the one!

Last Agent to Sell the Property

Deborah Fischer

Berkshire Hathaway HomeServices Chicago License #475148419 Listed on: 03/31/2015

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

William Castle

Berkshire Hathaway HomeServices Chicago License #475077692

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,138

Year Built

  • 2001

Lot Details

  • Landscaped Professionally
  • Wooded Lot

HOA Fees

  • $175 per month

Parking

  • Attached Garage
  • Brick Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Shingle Roof
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Breakfast Room
  • Library
  • Recreation Room
  • Loft
  • Home Gym
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Pond
  • Brick Porch or Patio

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,138

Year Built

2001

Lot Details

0

HOA Fees

$175 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 11-15 Years
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 5.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Bedroom, 2nd Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 13
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Gas Starter
  • Fireplace Location: Family Room, Basement
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Full Body Spray Shower, Soaking Tub
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 9X17, On Level: 2nd Level, Flooring: Porcelain Tile
  • Dining Room: Dimensions: 12X16, On Level: Main Level, Flooring: Travertine
  • Kitchen Type: Dimensions: 15X23, On Level: Main Level, Flooring: Stone
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Butler, Pantry-Walk-in
  • Additional Rooms: 5th Bedroom, Breakfast Room, Exercise Room, Foyer, Library, Loft, Recreation Room
  • Master Bedroom: Dimensions: 19X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 23X13, On Level: Lower, Flooring: Carpet
  • Additional Room 2 Name: Library, Dimensions: 12X13, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X18, On Level: 2nd Level, Flooring: Carpet, Windows: Plantation Shutters
  • Additional Room 3 Name: Loft, Dimensions: 14X12, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X15, On Level: 2nd Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Additional Room 4 Name: Recreation Rm, Dimensions: 54X26, On Level: Basement, Flooring: Porcelain Tile
  • Bedroom 4: Dimensions: 12X19, On Level: 2nd Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Additional Room 5 Name: Exercise Rm, Dimensions: 19X13, On Level: Basement, Flooring: Carpet
  • Additional Room 6 Name: Breakfast Rm, Dimensions: 15X9, On Level: Main Level
  • Additional Room 7 Name: Foyer, Dimensions: 13X18, On Level: Main Level
  • Estimated Sq Ft: 4226
  • Dining Room Type: Separate
  • Family Room: Dimensions: 16X24, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick, Stucco, Stone
  • Roof Type: Wood Shakes/Shingles
  • Waterfront: Yes
  • Exterior Property Features: Patio, Brick Paver Patio
  • Acreage: 0.77

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Brick
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air, Zoned
  • Water: Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Quarterly
  • Assessment Includes: Common Insurance, Pool
  • Assessment Association Fees: 525
  • Management Contact Name: Linda A. Ekenberg
  • Management Phone: 847-267-1654

Fee Information

  • Management Company: Conway Farms Homeowners Association

Schools

  • School District: 115
  • Elementary School: EVERETT ELEMENTARY SCHOOL
  • Middle School: DEER PATH MIDDLE SCHOOL
  • High School: LAKE FOREST HIGH SCHOOL
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 111X304X110X308
  • Lot Description: Landscaped Professionally, Pond, Water View, Wooded
  • Parcel Identification Number: 15122100070000

Tax Info

  • Taxes: 21767.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2024
Sold by
Farshchi Group Ventures Llc
Bought by
Farshchi Eden
Current Estimated Value
$1,579,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,931
Outstanding Balance
$195,441
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$1,361,601

Purchase Details

Closed on
May 13, 2024
Sold by
Farshchi Eden
Bought by
Farshchi Group Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,931
Outstanding Balance
$195,441
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$1,361,601

Purchase Details

Closed on
Oct 31, 2022
Sold by
Farshchi Eden
Bought by
Farshchi Eden

Purchase Details

Listed on
Oct 18, 2021
Closed on
Dec 30, 2021
Sold by
Carton Adinamis and Carton Gail
Bought by
Farshchi Eden Patrick and Macmillan Kathryn Joy
Seller's Agent
Vera Purcell
Compass
Buyer's Agent
David Fingado
Equidad Realty LTD
List Price
$1,349,000
Sold Price
$1,225,000
Premium/Discount to List
-$124,000
-9.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$980,000
Interest Rate
2.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 31, 2015
Closed on
Jul 9, 2015
Sold by
Fuentes Dulce M and Milanes Fuentes Dulce M
Bought by
Adinamis Michael and Adinamis Gail Carton
Seller's Agent
Deborah Fischer
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
William Castle
Berkshire Hathaway HomeServices Chicago
List Price
$1,449,000
Sold Price
$1,370,000
Premium/Discount to List
-$79,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.71%
Original Mortgage
$1,096,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2000
Sold by
Lasalle Bank National Assn
Bought by
Fuentes Matthew and Milanes Dulce M
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- --
Warranty Deed $1,225,000 None Listed On Document
Deed $1,370,000 Ct
Deed $249,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $980,000 New Conventional
Previous Owner $1,096,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $1,225,000 -9.2% $290 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $1,349,000 -1.5% $319 / Sq Ft
07/09/2015 07/09/15 Sold $1,370,000 -5.5% $324 / Sq Ft
05/07/2015 05/07/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $1,449,000 -- $343 / 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 $25,138 $428,001 $96,023 $331,978
2023 $23,440 $403,851 $90,605 $313,246
2022 $23,440 $386,810 $86,782 $300,028
2021 $22,750 $382,639 $85,846 $296,793
2020 $21,725 $383,945 $86,139 $297,806
2019 $20,955 $382,529 $85,821 $296,708
2018 $20,371 $397,806 $93,293 $304,513
2017 $19,967 $386,528 $91,116 $295,412
2016 $19,278 $370,131 $87,251 $282,880
2015 $19,259 $346,143 $81,596 $264,547
2014 $21,767 $392,268 $87,633 $304,635
2012 $21,431 $393,054 $87,809 $305,245
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08878279

Midwest Real Estate Data (MRED)

APN: 15-12-210-007