NOT LISTED FOR SALE

251 Park Ave Lake Forest, IL 60045

Estimated Value: $924,000 - $1,124,000

3 Beds
4 Baths
2,597 Sq Ft
$387/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $665,000 $256 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,391/month

25 Days on Market

Highlights

  • Cape Cod Architecture
  • Community Lake
  • Recreation Room
  • Sheridan Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of July 2021

Sophisticated and pristine Cape Cod in sought-after east Lake Forest! This lovingly maintained brick and cedar home is poised on a corner lot. The perennial-filled fenced yards include flowering trees, lush lawn and stone paver walk-way in the back of the house. A major renovation and expansion of the home in 1997-1998 added a spacious new kitchen, enclosed heated sunroom, primary bedroom suite, and a heated 2-car garage. Since then, the current owners renovated the kitchen (2006) to include a wet- bar/breakfast room, and upgraded the finishes in the primary bathroom (2013). There are beautiful oak hardwood floors on the first and second levels. The living and dining rooms are steeped in natural light from the large front windows. The superb gourmet kitchen features tall maple cabinetry, crown moldings, granite countertops and a travertine backsplash. The newer stainless steel appliances include a Sub-Zero refrigerator, KitchenAid gas range, Bosch dishwasher and built-in Whirlpool microwave. The home's cozy light-filled sunroom is a great place to relax and enjoy views of nature year-round. There are four full bathrooms in this home; one on the 1st floor, one in the basement, and two on the 2nd floor. All three bedrooms are upstairs, including a loft-office. The primary bedroom suite is fully appointed with a beautiful gas fireplace, expansive closets, updated marble and granite bathroom with double vanities, jetted-tub, separate deluxe shower and radiant heated floors. The sparkling clean finished basement has a separate laundry room, storage room, and easy access to newer mechanicals. Park Avenue is close to Lake Forest's historic downtown, award-winning schools, Metra train station, bike and walking trails.

Last Agent to Sell the Property

Mona Hellinga

@properties Christie's International Real Estate License #471003447 Listed on: 05/17/2021

@properties Christie's International Real Estate

Co-Listed By

Flor Hasselbring

Compass License #475141335

Last Buyer's Agent

Susan Duffey

@properties Christie's International Real Estate License #475148786

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,301

Year Built

  • Built in 1945 | Remodeled in 1998

Lot Details

  • 8,233 Sq Ft Lot
  • Lot Dimensions are 55 x 130
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,597 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Heated Sun or Florida Room
  • Wood Flooring
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Patio

Schools

  • Sheridan Elementary School
  • Deer Path Middle School
  • Lake Forest High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Humidifier
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,301

Year Built

Built in 1945 | Remodeled in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1945
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1998

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: Partial
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 754
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Bar-Wet, Hardwood Floors, 1st Floor Full Bath, Built-in Features
  • LivingArea: 2597
  • Other Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: Office, Heated Sun Room, Foyer, Recreation Room
  • Estimated Total Finished Sq Ft: 3351
  • Assessed Sq Ft: 2186
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2597
  • Basement Sq Ft: 754
  • Fireplace Location: Living Room,Master Bedroom
  • Square Footage Comments: The home was professionally measured, recently, and has a total of 3,351 finished square feet including the basement.
  • Total Sq Ft: 3351
  • Upper Level Sq Ft: 1550
  • Attic: Unfinished
  • Main Level Sq Ft: 1047

Exterior Features

  • DirectionFaces: North
  • ExteriorFeatures: Patio
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • List Price: 675000
  • Lot Features: Corner Lot, Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air, 2 (Window/Wall Unit), Zoned
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air, Radiant, 2+ Sep Heating Systems, Zoned
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Sheridan Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Deer Path Middle School
  • Middle/Junior School District: 67

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.189
  • Lot Dimensions: 55 X 130
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 11300.56
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Jul 15, 2021
Sold by
Steele John M and Steele Sandra S
Bought by
Poehlmann Adam and Anderson Kelsey Margaret
Seller's Agent
Mona Hellinga
@properties Christie's International Real Estate
Buyer's Agent
Susan Duffey
@properties Christie's International Real Estate
Sold Price
$665,000
Current Estimated Value
$1,004,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,310
Avg. Annual Appreciation
10.19%
Original Mortgage
$548,250
Outstanding Balance
$497,452
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$506,858

Purchase Details

Closed on
Feb 19, 2018
Sold by
Steele John M and Steele Sandra S
Bought by
Steele John M and Steele Sandra S

Purchase Details

Closed on
Jul 24, 1998
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Steele John M and Steele Sandra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.87%

Purchase Details

Closed on
Jul 20, 1995
Sold by
Northern Tr Bank Lake Forest Natl Assn
Bought by
Deerfield Fsla
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Poehlmann Adam $665,000 None Available
Steele John M -- None Available
Steele John M $455,000 --
Deerfield Fsla $215,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poehlmann Adam $548,250
Previous Owner Steele John M $364,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $665,000 -3.6% $256 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
06/09/2021 06/09/21 For Sale -- -- --
06/04/2021 06/04/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $690,000 -- $266 / 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 $12,985 $255,740 $95,386 $160,354
2023 $12,209 $214,317 $79,936 $134,381
2022 $12,209 $208,199 $77,654 $130,545
2021 $11,558 $201,177 $76,984 $124,193
2020 $11,301 $202,290 $77,410 $124,880
2019 $10,735 $198,577 $75,989 $122,588
2018 $9,584 $189,868 $78,003 $111,865
2017 $9,421 $186,694 $76,699 $109,995
2016 $9,026 $177,702 $73,005 $104,697
2015 $8,911 $167,328 $68,743 $98,585
2014 $7,354 $138,454 $61,718 $76,736
2012 $7,220 $139,655 $62,253 $77,402
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11090699

Midwest Real Estate Data (MRED)

APN: 12-28-104-023