$456,750
SOLD SEP 29, 2016

254 Mellody Rd Lake Forest, IL 60045

4 Beds
3 Baths
3,254 Sq Ft
0.62 Acres

Recently Sold

$140 Per Sq Ft

36% Below List Price

193 Days on Market

Highlights

  • Attached Garage
  • Deer Path Middle School East Rated A
  • Forced Air Heating and Cooling System

About This Home

As of September 2021

Over half an acre in Lake Forest. This 4 bedroom/3 bath home is set back behind its own private gate. Great house for entertaining. Property is sold "As Is." Cash Only.

Last Agent to Sell the Property

Melanie Croft

Vylla Home License #475133654 Listed on: 02/28/2016

Last Buyer's Agent

Matthew Baranko

Berkshire Hathaway HomeServices Chicago License #475160111

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,746

Year Built

  • 1955

Parking

  • Attached Garage

Home Design

  • Stone Siding
  • Cedar

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Partially Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,746

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 1 Story
  • Estimated Year Built: 1955
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 25X15, On Level: Main Level
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 12X11, On Level: Main Level
  • Kitchen Type: Dimensions: 20X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X13, On Level: Main Level
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level
  • Bedroom 3: Dimensions: 12X10, On Level: Main Level
  • Bedroom 4: Dimensions: 14X13, On Level: Main Level
  • Estimated Sq Ft: 3254
  • Family Room: Dimensions: 28X26, On Level: Basement

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Cedar, Stone
  • Acreage: 0.6237

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 115
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 201X280X94X135
  • Parcel Identification Number: 12323040050000

Tax Info

  • Taxes: 13950.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Sep 8, 2021
Sold by
Gilbertson Thomas L and Gilbertson Kathryn C
Bought by
Scheinbaum Alan C and Scheinbaum Sandra L
Seller's Agent
Helen Larsen
Coldwell Banker Realty
Buyer's Agent
Maxine Goldberg
Engel & Voelkers Chicago North Shore
List Price
$1,100,000
Sold Price
$990,000
Premium/Discount to List
-$110,000
-10%
Current Estimated Value
$1,353,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,479
Avg. Annual Appreciation
8.20%
Original Mortgage
$792,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2017
Sold by
Baranko Matthew
Bought by
Gilbertson Thomas L and Gilbertson Kathryn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2016
Closed on
Sep 19, 2016
Sold by
Deutsche Bank National Trust Company
Bought by
Baranko Matthew and Baranko Matthew
Seller's Agent
Melanie Croft
Vylla Home
Buyer's Agent
Matthew Baranko
Berkshire Hathaway HomeServices Chicago
List Price
$709,900
Sold Price
$456,750
Premium/Discount to List
-$253,150
-35.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.94%

Purchase Details

Closed on
Apr 29, 2015
Sold by
Malanfant Michael and Malanfant Susan
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 14, 2002
Sold by
Hill David E and Hill Virginia S
Bought by
Malanfant Michael and Malanfant Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
4.5%

Purchase Details

Closed on
Jul 24, 2001
Sold by
Neuhaus Albert J and The Albert J Neuhaus Trust
Bought by
Hill David E and Hill Virginia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.15%

Purchase Details

Closed on
Dec 7, 1998
Sold by
Neuhaus Albert J and Neuhaus Lillian C
Bought by
Neuhaus Albert J and Neuhaus Lillian C
Source: Public Records

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Range of Values:

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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
Warranty Deed $990,000 Chicago Title
Warranty Deed $840,000 None Available
Warranty Deed $456,750 None Available
Sheriffs Deed -- Attorney
Warranty Deed $569,000 Chicago Title Insurance Co
Warranty Deed $445,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $792,000 New Conventional
Previous Owner $634,000 New Conventional
Previous Owner $634,000 New Conventional
Previous Owner $672,000 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $1,000,000 Negative Amortization
Previous Owner $450,000 Credit Line Revolving
Previous Owner $332,500 Unknown
Previous Owner $257,500 Unknown
Previous Owner $463,000 Unknown
Previous Owner $229,000 Unknown
Previous Owner $161,000 Credit Line Revolving
Previous Owner $455,000 No Value Available
Previous Owner $275,000 No Value Available
Closed $100,000 No Value Available
Closed $112,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $990,000 -10.0% $304 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $1,100,000 +140.8% $338 / Sq Ft
09/29/2016 09/29/16 Sold $456,750 -8.6% $140 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
09/02/2016 09/02/16 Price Changed $499,900 -6.6% $154 / Sq Ft
07/20/2016 07/20/16 Price Changed $535,000 -10.8% $164 / Sq Ft
07/06/2016 07/06/16 Price Changed $599,900 -4.8% $184 / Sq Ft
06/22/2016 06/22/16 Price Changed $629,900 -5.3% $194 / Sq Ft
05/18/2016 05/18/16 Price Changed $664,900 -5.0% $204 / Sq Ft
04/12/2016 04/12/16 Price Changed $699,900 -1.4% $215 / Sq Ft
02/28/2016 02/28/16 For Sale $709,900 -- $218 / 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 $20,746 $385,557 $122,572 $262,985
2023 $20,746 $355,417 $112,990 $242,427
2022 $19,221 $341,919 $108,699 $233,220
2021 $18,688 $321,103 $107,761 $213,342
2020 $18,269 $322,879 $108,357 $214,522
2019 $17,357 $316,952 $106,368 $210,584
2018 $14,485 $280,373 $131,201 $149,172
2017 $14,399 $275,686 $129,008 $146,678
2016 $13,504 $262,409 $122,795 $139,614
2015 $13,317 $247,089 $115,626 $131,463
2014 $13,924 $253,977 $103,809 $150,168
2012 $13,499 $256,180 $104,709 $151,471
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09150678

Midwest Real Estate Data (MRED)

APN: 12-32-304-005