NOT LISTED FOR SALE

24859 W Lake Forrest Ln Shorewood, IL 60404

Estimated Value: $75,000 - $496,000

0.5 Acre
$571,000 Price per Acre
21,780 Sq Ft Lot

Last Sold October 16, 2020

Last sale price $50,000

Est. 471% increase in value since last sale

Current estimated payment $1,503/month

267 Days on Market

About This Lot

As of October 2020

This is one of the most beautiful homesites in the area. Large, wooded and exclusive lot to build your executive dream home. This Lake Forrest lot is secluded but yet its close to everything. The engineering has already been done, al you need to do is put your house plan on it.

Last Agent to Sell the Property

Bryan Kasprisin

RE/MAX Professionals Select License #471004157 Listed on: 01/06/2020

RE/MAX Professionals Select

Last Buyer's Agent

Maria Ortiz

Coldwell Banker Real Estate Group License #475122608

Coldwell Banker Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$14

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service, Interstate Access
  • Ownership: Fee Simple w/ HO Assn.
  • Current Use: Residential-Single Family
  • Subdivision Lot Number: 41
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: .50-.99 Acre
  • Acreage: 0.5
  • Frontage Access: City Street
  • Front Footage: 183

Schools

  • Junior High Dist: 201

Lot Info

  • Lot Dimensions: 183X175X74X161
  • Parcel Identification Number: 0506204030040000

Tax Info

  • Taxes: 1628.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Oct 12, 2020
Sold by
Ritchey Alexander and Ritchey Sheri
Bought by
Carbajal Ofelia
Seller's Agent
Bryan Kasprisin
RE/MAX Professionals Select
Buyer's Agent
Maria Ortiz
Coldwell Banker Real Estate Group
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Current Estimated Value
$285,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,500
Avg. Annual Appreciation
40.91%

Purchase Details

Listed on
Mar 12, 2014
Closed on
Jul 3, 2014
Sold by
Fell Robert Lawrence
Bought by
Ritchey Alexander and Ritchey Sheri
Seller's Agent
Susie Scheuber
RE/MAX Ultimate Professionals
Buyer's Agent
Bryan Kasprisin
RE/MAX Professionals Select
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$40,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2013
Sold by
Dynamic Homes Llc
Bought by
Fell Robert Lawrence

Purchase Details

Closed on
Oct 27, 2010
Sold by
Citizens First National Bank
Bought by
Dynamic Homes Llc

Purchase Details

Closed on
Nov 15, 2004
Sold by
Lake Forrest Of Shorewood Llc
Bought by
Checkmate Custom Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
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
Carbajal Ofelia $50,000 Fidelity National Title
Ritchey Alexander $50,000 Fidelity National Title Ins
Fell Robert Lawrence -- None Available
Dynamic Homes Llc $60,000 None Available
Checkmate Custom Homes $145,000 Lawyers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ritchey Alexander $40,000
Previous Owner Checkmate Custom Homes $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2020 10/16/20 Sold $50,000 -8.9% --
09/29/2020 09/29/20 Pending -- -- --
01/28/2020 01/28/20 Price Changed $54,900 -8.3% --
01/06/2020 01/06/20 For Sale $59,900 +19.8% --
07/07/2014 07/07/14 Sold $50,000 -16.5% -- View Prior Sale
05/26/2014 05/26/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $59,900 -- --
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 $14 $186 $186 $0
2023 $14 $167 $167 $0
2022 $13 $158 $158 $0
2021 $0 $149 $149 $0
2020 $8 $149 $149 $0
2019 $8 $143 $143 $0
2018 $0 $143 $143 $0
2017 $0 $143 $143 $0
2016 $0 $143 $143 $0
2015 -- $143 $143 $0
2014 -- $143 $143 $0
2013 -- $143 $143 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10604420

Midwest Real Estate Data (MRED)

APN: 05-06-20-403-004