NOT LISTED FOR SALE

255 S Ridge Rd Lake Forest, IL 60045

Estimated Value: $1,387,529 - $1,582,000

4 Beds
4 Baths
3,785 Sq Ft
$384/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $1,145,000 $303 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,869/month

Highlights

  • Second Kitchen
  • 3.3 Acre Lot
  • Family Room with Fireplace
  • Deer Path Middle School East Rated A
  • Landscaped Professionally
  • Recreation Room

About This Home

As of August 2022

Sold during processing. Charming & impressive brick cape cod style home set on 3.3 acres in the center of Lake Forest's historic Ridge Road estate area. Rarely does a home like this become available for rent. Beautiful crown moldings, hardwood floors and a gracious floor plan that flows seamlessly from room to room. The spacious living room & library feature elegant fireplaces and large windows. The 3-season sun porch overlooks the sweeping rear lawn. Great informal space includes an open kitchen/family room. The kitchen boasts Wolf, SubZero and Bosch appliances, granite counter tops and white cabinetry. The second floor has a lovely master suite w/elegant white marble bath, and three additional family bedrooms. All baths have been recently updated! The finished basement has an office/homework area, recreation room and kitchenette. Fabulous outdoor terraces. 3 car garage.

Last Agent to Sell the Property

Andrew Mrowiec

Compass License #471004617 Listed on: 08/18/2022

Compass

Co-Listed By

Marina Carney

Compass License #475123100

Last Buyer's Agent

Elizabeth Wieneke

Compass License #475127499

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,293

Year Built

  • Built in 1955 | Remodeled in 2006

Lot Details

  • 3.3 Acre Lot
  • Lot Dimensions are 206 x 694 x 224 x 744
  • Landscaped Professionally
  • Wooded Lot

Parking

  • 3 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Gravel Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,785 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Recreation Room
  • Heated Sun or Florida Room
  • Wood Flooring

Kitchen

  • Second Kitchen
  • Double Oven
  • Cooktop
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Sump Pump

Home Security

  • Home Security System
  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Private or Community Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,293

Year Built

Built in 1955 | Remodeled in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2006
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2006

Interior Features

  • Appliances: Double Oven, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter
  • Fireplaces: 3
  • Interior Amenities: Hardwood Floors, First Floor Laundry
  • LivingArea: 3785
  • Other Equipment: TV-Cable, Security System, CO Detectors, Sump Pump
  • Room Type: Library, Heated Sun Room, Foyer, Recreation Room, Office, Kitchen
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished,Exterior Access
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room,Other
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 1199000
  • Lot Features: Landscaped, Wooded
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Gravel
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Acres: 3.3
  • Lot Dimensions: 206 X 694 X 224 X 744
  • Lot Size: 3.0-3.99 Acres
  • Special Assessments: U

Rental Info

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

Tax Info

  • Tax Annual Amount: 20292.62
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Aug 2, 2022
Sold by
Pollock James R and Pollock Alexis
Bought by
Sandretto Matthew Michael and Sandretto Ann Marie
Seller's Agent
Andrew Mrowiec
Compass
Buyer's Agent
Elizabeth Wieneke
Compass
List Price
$1,199,000
Sold Price
$1,145,000
Premium/Discount to List
-$54,000
-4.5%
Current Estimated Value
$1,448,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,049
Avg. Annual Appreciation
8.33%
Original Mortgage
$675,000
Outstanding Balance
$650,664
Interest Rate
5.55%
Mortgage Type
Credit Line Revolving
Estimated Equity
$802,718

Purchase Details

Listed on
Sep 6, 2019
Closed on
Oct 15, 2020
Sold by
Grabemann Robert S and Grabemann Lydia F
Bought by
Pollock James R and Williams Alexis
Seller's Agent
Mona Hellinga
@properties Christie's International Real Estate
Buyer's Agent
Andrew Mrowiec
Compass
List Price
$1,225,000
Sold Price
$1,049,000
Premium/Discount to List
-$176,000
-14.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$839,200
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2001
Sold by
Erickson Bruce E and Erickson Carol J
Bought by
Grabemann Robert S and Grabemann Lydia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$847,500
Interest Rate
6.62%

Purchase Details

Closed on
Apr 19, 1995
Sold by
Erickson Carol
Bought by
Erickson Bruce E and Erickson Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
8.43%

Purchase Details

Closed on
Feb 25, 1994
Sold by
Erickson Bruce and Erickson Carol
Bought by
Erickson Carol

Purchase Details

Closed on
Sep 15, 1993
Sold by
Parker Barbara T
Bought by
Erickson Bruce and Erickson Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,000
Interest Rate
7.24%
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
Sandretto Matthew Michael $1,145,000 Stephanie K Kearney Llc
Pollock James R $1,049,000 Attorney
Grabemann Robert S $1,130,000 --
Erickson Bruce E -- Commonwealth Land Title
Erickson Carol -- --
Erickson Bruce $465,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandretto Matthew M $675,000
Open Sandretto Matthew Michael $973,250
Previous Owner Pollock James R $839,200
Previous Owner Grabemann Robert S $185,000
Previous Owner Grabemann Robert S $300,000
Previous Owner Grabemann Robert S $246,000
Previous Owner Grabemann Robert S $944,000
Previous Owner Grabemann Robert S $840,000
Previous Owner Grabemann Robert S $847,500
Previous Owner Erickson Bruce E $220,000
Previous Owner Erickson Bruce E $740,000
Previous Owner Erickson Bruce $558,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $1,145,000 -4.5% $303 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $1,199,000 0.0% $317 / Sq Ft
09/20/2021 09/20/21 Rented -- -- --
09/15/2021 09/15/21 Under Contract -- -- --
08/31/2021 08/31/21 For Rent $6,250 0.0% --
10/19/2020 10/19/20 Sold $1,049,000 0.0% $277 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
07/31/2020 07/31/20 Price Changed $1,049,000 -2.8% $277 / Sq Ft
05/30/2020 05/30/20 Price Changed $1,079,000 -8.2% $285 / Sq Ft
11/20/2019 11/20/19 Price Changed $1,175,000 -4.1% $310 / Sq Ft
09/06/2019 09/06/19 For Sale $1,225,000 -- $324 / 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 $23,297 $394,492 $274,181 $120,311
2023 $23,297 $378,592 $263,130 $115,462
2022 $21,523 $362,639 $277,136 $85,503
2021 $20,293 $349,632 $267,196 $82,436
2020 $21,999 $388,331 $267,758 $120,573
2019 $21,265 $387,672 $267,304 $120,368
2018 $20,468 $395,983 $283,320 $112,663
2017 $20,266 $394,720 $282,416 $112,304
2016 $19,649 $379,794 $271,737 $108,057
2015 $19,264 $356,849 $255,320 $101,529
2014 $20,104 $376,582 $257,146 $119,436
2012 $19,413 $373,260 $254,878 $118,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11608082

Midwest Real Estate Data (MRED)

APN: 16-05-104-001