NOT LISTED FOR SALE

27062 N Elmwood Ave Lake Forest, IL 60045

Estimated Value: $675,000 - $828,000

3 Beds
3.5 Baths
3,382 Sq Ft
$215/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $620,000 $183 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,645/month

45 Days on Market

Highlights

  • Mature Trees
  • Deck
  • Bonus Room
  • Rondout Elementary School Rated A
  • Ranch Style House
  • Corner Lot

About This Home

As of June 2024

Timeless Forest Haven Ranch on 1 Acre! Meticulously maintained 3 bedroom and 3.5 bath, with option for 4th bedroom in basement! First floor laundry, primary suite with ample closet space, wet bar, large windows & natural light, built-in shelving and detail you just don't see anymore! Discover endless possibilities in the expansive full basement, featuring a second kitchen that offers the perfect space for a guest suite or in-law quarters, entertaining area, full bathroom, workshop, and storage! Whether you're hosting family gatherings or seeking additional living space, this versatile area provides the ultimate flexibility and convenience. Pride of ownership shines throughout this estate - roof, water heater, furnace, and a/c have all been updated in the past five years - providing enhanced comfort, peace of mind, and efficiency throughout the seasons! Oversized 2.5 car garage with additional work area/storage, large back deck, serene corner wooded lot. Located in a private neighborhood, you will enjoy peace and tranquility while still just minutes away from local shopping! Property is being sold AS-IS.

Last Agent to Sell the Property

Jessica Armstrong

Berkshire Hathaway HomeServices Chicago License #475169086 Listed on: 05/04/2024

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Jordan Gillespie

Berkshire Hathaway HomeServices Chicago License #475209393

Last Buyer's Agent

Dorota Lason

United Real Estate Elite License #475136100

United Real Estate Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,148

Year Built

  • Built in 1986

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 178 x 246 x 178 x 246
  • Corner Lot
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,382 Sq Ft Home
  • Blinds
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Workshop
  • Storm Screens
  • Sink Near Laundry

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Schools

  • Rondout Elementary School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Private or Community Septic Tank

Additional Features

  • Handicap Shower
  • Deck

Listing and Financial Details

  • Senior Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,148

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1986
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 1683
  • LivingArea: 3382
  • Room Type: Kitchen, Workshop, Bonus Room
  • Estimated Total Finished Sq Ft: 3382
  • Basement Description: Finished,Rec/Family Area
  • Bathroom Amenities: Accessible Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1699
  • Basement Sq Ft: 1683
  • Total Sq Ft: 3382
  • Main Level Sq Ft: 1699
  • Window Features: Blinds
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 599000
  • Lot Features: Corner Lot, Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Driveway: Brick,Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Rondout Elementary School
  • Middle/Junior School: Rondout Elementary School
  • Middle/Junior School District: 72

Lot Info

  • Lot Size Acres: 1
  • Lot Dimensions: 178 X 246 X 178 X 246
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8148
  • Tax Year: 2022
  • Tax Exemptions: Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
May 17, 2024
Sold by
Linda L Mihaljevic Self Declaration Of T and Mihaljevic Richard N
Bought by
Michalik Beata Wojcik and Michalik Waclaw
Seller's Agent
Jessica Armstrong
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Dorota Lason
United Real Estate Elite
List Price
$599,000
Sold Price
$620,000
Premium/Discount to List
$21,000
3.51%
Views
59
Current Estimated Value
$727,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,149
Avg. Annual Appreciation
9.74%
Original Mortgage
$496,000
Outstanding Balance
$490,952
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$203,507

Purchase Details

Closed on
Apr 1, 2014
Sold by
Mihaljevic Lynda L
Bought by
The Lynda L Mihaljevic Self Declaration
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
Michalik Beata Wojcik $620,000 Chicago Title
The Lynda L Mihaljevic Self Declaration -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michalik Beata Wojcik $496,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $620,000 +3.5% $183 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
03/23/2024 03/23/24 For Sale $599,000 -- $177 / 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 $8,186 $151,218 $59,002 $92,216
2023 $8,148 $139,474 $54,420 $85,054
2022 $8,148 $135,857 $52,307 $83,550
2021 $7,840 $132,932 $51,181 $81,751
2020 $8,660 $150,227 $57,840 $92,387
2019 $8,448 $148,799 $57,290 $91,509
2018 $8,348 $151,614 $63,759 $87,855
2017 $8,241 $146,827 $61,746 $85,081
2016 $7,866 $139,212 $58,544 $80,668
2015 $7,714 $130,117 $54,719 $75,398
2014 $7,191 $122,258 $51,414 $70,844
2012 $7,128 $123,319 $51,860 $71,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12011362

Midwest Real Estate Data (MRED)

APN: 11-26-405-009