Seller's Agent in 2025
Abbie Joseph
Compass
(847) 530-1906
5 in this area
49 Total Sales
2445 Cherry Ln Northbrook, IL 60062
5
Beds
5
Baths
4,016
Sq Ft
0.28
Acres
Highlights
- Spa
- Colonial Architecture
- Wood Flooring
- Westmoor Elementary School Rated A
- Landscaped Professionally
- Mud Room
About This Home
As of August 2025Welcome to the classic charm of 2445 Cherry Lane, a quintessential red brick family home that blends todays style for large-family living with modern elegance and timeless design. Situated on a serene cul-de-sac in the highly desirable School District 28, this expansive home over 4000 square feet offers endless rooms for work, study and play. The home welcomes with a staircase foyer split between the gracious Dining Room with floor-to-ceiling windows and spacious Living Room large enough to host a baby grand or game table for fun entertaining. Through French Doors, enter an inviting Family Room with limestone fireplace and built-in wet bar, open to the massive Tuscany-style Kitchen with 9-foot island, full-sized separate Sub-Zeros, new KitchenAid double oven, Viking 6-burner cooktop and exquisite Breakfast Room surrounded by bay windows. Private office, mud room with cubbies and 2 powder rooms are also found on the main level. Head upstairs to find 5 generous-sized bedrooms including the enormous Primary Suite with walk-in closet and private double-vanity bath with soaking tub and multi-spray shower. The lower level provides additional play space in the oversized Rec Room. Step outside to your private outdoor escape, featuring a meticulously landscaped fully-fenced backyard on almost 1/3 acre, complete with paver patio and hot tub, surrounded by lush privacy greens. Minutes to Downtown Northbrook, Metra, Library, D28 schools and highways, this home has every amenity within Northbrook's premiere location!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,661
Year Built
- Built in 1968 | Remodeled in 2006
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 58x142x34x149x102
- Cul-De-Sac
- Fenced
- Landscaped Professionally
- Paved or Partially Paved Lot
Parking
- 2 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 4,016 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Bay Window
- Window Screens
- French Doors
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Breakfast Room
- Formal Dining Room
- Home Office
- Wood Flooring
- Carbon Monoxide Detectors
Kitchen
- Double Oven
- Gas Cooktop
- Range Hood
- Microwave
- High End Refrigerator
- Freezer
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Soaking Tub
- Shower Body Spray
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Basement
- Partial Basement
- Sump Pump
Outdoor Features
- Spa
- Patio
Schools
- Westmoor Elementary School
- Northbrook Junior High School
- Glenbrook North High School
Utilities
- Forced Air Zoned Cooling and Heating System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
- Gas Water Heater
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2025
Closed on
Aug 25, 2025
Sold by
Mulvihill Michael and Mulvihill Meaghan
Bought by
Panella Steven and Panella Jenna
Seller's Agent
Abbie Joseph
Compass
Buyer's Agent
Nancy Gibson
@properties Christie's International Real Estate
List Price
$1,275,000
Sold Price
$1,385,000
Premium/Discount to List
$110,000
8.63%
Views
21
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
-$25,445
Avg. Annual Appreciation
-4.76%
Purchase Details
Closed on
Sep 26, 2002
Sold by
Smith Barbara K
Bought by
Mulvihill Michael and Mulvihill Meghan O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.25%
Purchase Details
Closed on
Jul 7, 1997
Sold by
Smith William D and Smith Barbara K
Bought by
Smith Barbara K
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 | $1,385,000 | None Listed On Document | |
| Warranty Deed | $750,000 | Rei Title Services | |
| Warranty Deed | $750,000 | Rei Title Services | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $600,000 | No Value Available | |
| Closed | $75,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | Sold | $1,385,000 | +8.6% | $345 / Sq Ft |
| 07/20/2025 07/20/25 | Pending | -- | -- | -- |
| 07/17/2025 07/17/25 | For Sale | $1,275,000 | -- | $317 / 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 |
|---|---|---|---|---|
| 2025 | $18,661 | $101,000 | $18,318 | $82,682 |
| 2024 | $18,661 | $85,000 | $18,318 | $66,682 |
| 2023 | $18,077 | $85,000 | $18,318 | $66,682 |
| 2022 | $18,077 | $85,000 | $18,318 | $66,682 |
| 2021 | $14,507 | $61,397 | $15,875 | $45,522 |
| 2020 | $14,272 | $61,397 | $15,875 | $45,522 |
| 2019 | $13,853 | $67,470 | $15,875 | $51,595 |
| 2018 | $14,016 | $63,286 | $14,043 | $49,243 |
| 2017 | $13,667 | $63,286 | $14,043 | $49,243 |
| 2016 | $13,043 | $63,286 | $14,043 | $49,243 |
| 2015 | $12,698 | $56,220 | $11,601 | $44,619 |
| 2014 | $12,142 | $56,220 | $11,601 | $44,619 |
| 2013 | $11,754 | $56,220 | $11,601 | $44,619 |
Source: Public Records
Agents Affiliated with this Home
-
Abbie Joseph
-
Lisa Finks
Seller Co-Listing Agent in 2025
Lisa Finks
Compass
(847) 778-0540
8 in this area
101 Total Sales
-
Nancy Gibson
Buyer's Agent in 2025
Nancy Gibson
@ Properties
(847) 363-9880
123 in this area
160 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12422546
APN: 04-09-313-024-0000
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