NOT LISTED FOR SALE

Estimated Value: $4,515,815 - $5,830,000

4 Beds
10 Baths
7,700 Sq Ft
$653/Sq Ft Est. Value

Last Sold February 15, 2022

Last sale price $4,500,000 $584 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $36,198/month

107 Days on Market

Highlights

  • Lake Front
  • Indoor Pool
  • 1.15 Acre Lot
  • Indian Trail Elementary School Rated A
  • Home Theater
  • 1-minute walk to Park Avenue Park

About This Home

As of February 2022

Sited on an acre of gorgeous lakefront property (with 100' of crystal blue lakefront), this newer constructed 7700 sf home is a dream-home like no other. The gorgeous and lush grounds (including an inviting indoor pool with an adjacent hot tub) rival the stunning home that sets this property apart from any other home on the North Shore. This exquisite and formidable home is both casual and comfortable while also ideal for making grand impressions for entertaining guests. The formal rooms of this beachfront home include a gorgeous room-size foyer, stately library, and expansive living and dining rooms with captivating views of the lake; with the nearby wet-bar, entertaining is a breeze. The casual living spaces include a magazine-worthy kitchen/family room area as well as a light-filled sunroom with three full walls of windows. A luxurious master suite with a wall of windows and sliding doors to the deck for sweeping views of the lake, three fabulous ensuite bedrooms, and an enviable home office complete the second floor. The unsurpassed lower level includes a basketball court, a 12-seat theatre, game room, full exercise room,1100-bottle wine cellar, a recreation room with a full bar and fireplace, 5th bedroom & bath, and more. Just minutes to the town , train, and the public beach, the location of this home on this quiet and tree-lined street is simply incomparable.

Last Agent to Sell the Property

Barbara Shields

@properties Christie's International Real Estate License #475151997 Listed on: 08/03/2021

@properties Christie's International Real Estate

Co-Listed By

Ted Pickus

@properties Christie's International Real Estate License #475129667

Last Buyer's Agent

Brooke Bakalar Sloane

@properties Christie's International Real Estate License #475159218

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $88,142

Year Built

  • Built in 2004

Lot Details

  • 1.15 Acre Lot
  • Lot Dimensions are 100x550
  • Lake Front
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 7,700 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar Fridge
  • Dry Bar
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Recreation Room
  • Game Room
  • Heated Sun or Florida Room
  • Screened Porch
  • Home Gym
  • Unfinished Attic

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Whirlpool Bathtub
  • Double Shower
  • Steam Shower
  • Shower Body Spray

Laundry

  • Laundry Room
  • Laundry in multiple locations
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Storm Screens
  • Carbon Monoxide Detectors

Pool

  • Indoor Pool
  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Patio
  • Fire Pit
  • Gazebo

Schools

  • Indian Trail Elementary School
  • Edgewood Middle School
  • Highland Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Power Generator
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$88,142

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2004
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop
  • Basement: Full
  • Full Bathrooms: 5
  • Half Bathrooms: 5
  • Total Bathrooms: 10
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 4
  • Interior Amenities: Hot Tub, Bar-Dry, Bar-Wet, Hardwood Floors, First Floor Laundry, Second Floor Laundry, Pool Indoors, Built-in Features, Walk-In Closet(s)
  • LivingArea: 7700
  • Other Equipment: Central Vacuum, Security System, CO Detectors, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;, Generator
  • Room Type: Foyer, Library, Mud Room, Heated Sun Room, Office, Game Room, Exercise Room, Recreation Room, Bedroom 5, Theatre Room
  • Estimated Total Finished Sq Ft: 12938
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Steam Shower,Double Sink,Bidet,Full Body Spray Shower,Double Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 12938
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Basement
  • Total Sq Ft: 12938
  • Upper Level Sq Ft: 3285
  • Attic: Unfinished
  • Main Level Sq Ft: 4959
  • Lower Level Sq Ft: 4694
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Porch Screened, Brick Paver Patio, In Ground Pool, Storms/Screens, Fire Pit
  • Foundation Details: Concrete Perimeter
  • List Price: 4995000
  • Lot Features: Lake Front
  • OtherStructures: Gazebo
  • Roof: Tile
  • Waterfront: Yes
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Brick,Circular
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Multiple Locations
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Indian Trail Elementary School
  • High School: Highland Park High School
  • Middle/Junior School: Edgewood Middle School
  • Middle/Junior School District: 112

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.1525
  • Lot Dimensions: 100X550
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 88142.08
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Dec 28, 2021
Sold by
Klaskin David and Klaskin Karin
Bought by
Fried Eric and Fried Jennifer
Seller's Agent
Barbara Shields
@properties Christie's International Real Estate
Buyer's Agent
Brooke Bakalar Sloane
@properties Christie's International Real Estate
List Price
$5,125,000
Sold Price
$4,500,000
Premium/Discount to List
-$625,000
-12.2%
Current Estimated Value
$5,028,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,704
Avg. Annual Appreciation
3.14%
Original Mortgage
$3,375,000
Interest Rate
3.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2002
Sold by
Declarati Lubin Donald G
Bought by
Klaskin David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,000
Interest Rate
4.75%

Purchase Details

Closed on
Feb 17, 1994
Sold by
Adelman Betty F
Bought by
Adelman Betty F and Betty F Adelman Revocable Trust
Source: Public Records

Range of Values:

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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
Fried Eric $4,500,000 New Title Company Name
Klaskin David $2,300,000 --
Adelman Betty F -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fried Eric $3,375,000
Previous Owner Klaskin David $965,800
Previous Owner Klaskin David $1,000,000
Previous Owner Klaskin David $3,000,000
Previous Owner Klaskin David $1,500,000
Previous Owner Klaskin David $1,725,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Sold $4,500,000 -12.2% $584 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $5,125,000 -- $666 / 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 $112,877 $1,436,375 $605,116 $831,259
2023 $102,209 $1,294,731 $545,444 $749,287
2022 $102,209 $1,140,984 $599,201 $541,783
2021 $94,284 $1,102,933 $579,218 $523,715
2020 $91,232 $1,102,933 $579,218 $523,715
2019 $88,142 $1,097,773 $576,508 $521,265
2018 $76,516 $994,864 $465,175 $529,689
2017 $74,170 $989,128 $462,493 $526,635
2016 $71,574 $986,509 $440,302 $546,207
2015 $72,801 $1,013,355 $409,089 $604,266
2014 $88,882 $1,091,544 $498,634 $592,910
2012 $86,373 $1,097,912 $501,543 $596,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11177761

Midwest Real Estate Data (MRED)

APN: 16-23-206-003