NOT LISTED FOR SALE

289 E Foster Place Lake Forest, IL 60045

Estimated Value: $1,868,000 - $2,116,000

4 Beds
7 Baths
4,410 Sq Ft
$448/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $2,120,000 $481 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $13,698/month

9 Days on Market

Highlights

  • Recreation Room
  • Home Gym
  • Entrance Foyer
  • Cherokee Elementary School Rated A
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of March 2019

Gracious Georgian, beautifully remodeled in the last three years, sits behind elegant gates on close to 2 acres of gorgeous grounds. Lovely pool, open kitchen/family room, all new baths (including his and her master baths each with a walk-in closet), 3 fireplaces, 3 car heated garage, walk-out basement, incredible storage - all just steps from Lake Forest Country Day School. Just move-in and enjoy!

Last Agent to Sell the Property

Marcia Rowley

Coldwell Banker Realty License #475128018 Listed on: 02/02/2019

Coldwell Banker Realty

Co-Listed By

Sarah Rowland

Coldwell Banker Realty License #475122053

Last Buyer's Agent

Kristen Esplin

@properties Christie's International Real Estate License #475142221

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,221

Year Built | Renovated

  • 1972 | 2016

Lot Details

  • 1.62

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Entrance Foyer
  • Recreation Room
  • Play Room
  • Home Gym

Partially Finished Basement

  • Partial Basement
  • 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

$38,221

Year Built | Renovated

1972 | 2016

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 41-50 Years
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Ownership: Fee Simple
  • Rehab Year: 2016
  • Total Full or Half Bathrooms: 5.2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972
  • Year Renovated: 2016

Interior Features

  • Number Of Rooms: 11
  • Living Room: Dimensions: 20X26, On Level: Main Level
  • Basement: Partial
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 7X10, On Level: Main Level
  • Dining Room: Dimensions: 14X21, On Level: Main Level
  • Kitchen Type: Dimensions: 19X20, On Level: Main Level
  • Additional Rooms: Exercise Room, Foyer, Play Room, Recreation Room
  • Master Bedroom: Dimensions: 17X20, On Level: 2nd Level
  • Additional Room 1 Name: Recreation Rm, Dimensions: 19X25, On Level: Walkout Basement
  • Additional Room 2 Name: Playroom, Dimensions: 14X19, On Level: Walkout Basement
  • Bedroom 2: Dimensions: 14X15, On Level: 2nd Level
  • Additional Room 3 Name: Foyer, Dimensions: 15X16, On Level: Main Level
  • Bedroom 3: Dimensions: 14X16, On Level: 2nd Level
  • Additional Room 4 Name: Exercise Rm, Dimensions: 14X19, On Level: Walkout Basement
  • Bedroom 4: Dimensions: 12X17, On Level: 2nd Level
  • Estimated Sq Ft: 4410
  • Family Room: Dimensions: 17X20, On Level: Main Level

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 115
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 187 X 418 X 180 X 367
  • Parcel Identification Number: 16041030040000

Tax Info

  • Taxes: 27728

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2019
Closed on
Mar 5, 2019
Sold by
Kallergis Mary Jo and Nary Jo Kallergis Trust
Bought by
Lynch Colin M and Lynch Mary Margaret
Seller's Agent
Marcia Rowley
Coldwell Banker Realty
Buyer's Agent
Kristen Esplin
@properties Christie's International Real Estate
List Price
$2,295,000
Sold Price
$2,120,000
Premium/Discount to List
-$175,000
-7.63%
Current Estimated Value
$1,975,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$144,786
Avg. Annual Appreciation
-1.07%
Original Mortgage
$1,600,000
Outstanding Balance
$1,395,033
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$580,181

Purchase Details

Listed on
Sep 25, 2015
Closed on
Jan 20, 2016
Sold by
Morton Jay A and Jay A Morton Revocable Trust
Bought by
Kallergis Mary Jo and The Mary Jo Kallergis Trust Ag
Seller's Agent
Jay Morton
Jameson Sotheby's Int'l Realty
Buyer's Agent
Marcia Rowley
Coldwell Banker Realty
List Price
$1,995,000
Sold Price
$1,775,000
Premium/Discount to List
-$220,000
-11.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%

Purchase Details

Closed on
Jul 21, 2014
Sold by
Morton Jay A and Phillips Michael
Bought by
Morton Jay A and Jay A Morton Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2014
Sold by
Bank Of America Na
Bought by
Morton Jay A and Phillips Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2005
Sold by
Graham Robert R and Graham Jennifer L
Bought by
Shave John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,968,750
Interest Rate
5.83%
Mortgage Type
Balloon

Purchase Details

Closed on
May 25, 2002
Sold by
Graham Robert R and Graham Jennifer L
Bought by
Graham Robert R and Graham Jennifer L

Purchase Details

Closed on
Oct 14, 1993
Sold by
Lacy Alan J and Lacy Caron A
Bought by
Graham Robert R and Graham Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.31%
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
Lynch Colin M $1,120,000 Chicago Title
Kallergis Mary Jo $1,775,000 Ct
Morton Jay A -- None Available
Morton Jay A $1,511,000 None Available
Shave John T $2,625,000 Burnet Title Llc
Graham Robert R -- --
Graham Robert R $743,333 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Colin M $1,600,000
Previous Owner Morton Jay A $1,000,000
Previous Owner Shave John T $1,968,750
Previous Owner Graham Robert R $300,000
Closed Graham Robert R $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2019 03/15/19 Sold $2,120,000 -7.6% $481 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
02/02/2019 02/02/19 For Sale $2,295,000 +29.3% $520 / Sq Ft
01/20/2016 01/20/16 Sold $1,775,000 -11.0% $402 / Sq Ft View Prior Sale
12/04/2015 12/04/15 Pending -- -- --
11/02/2015 11/02/15 For Sale $1,995,000 +12.4% $452 / Sq Ft
10/15/2015 10/15/15 Off Market $1,775,000 -- --
09/25/2015 09/25/15 For Sale $1,995,000 -- $452 / 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 $38,221 $633,270 $239,471 $393,799
2023 $38,221 $610,218 $207,044 $403,174
2022 $23,408 $389,101 $212,838 $176,263
2021 $30,625 $519,183 $205,204 $313,979
2020 $29,830 $520,276 $205,636 $314,640
2019 $28,825 $519,393 $205,287 $314,106
2018 $28,005 $535,644 $217,587 $318,057
2017 $27,728 $533,935 $216,893 $317,042
2016 $26,897 $513,744 $208,691 $305,053
2015 $26,504 $482,706 $196,083 $286,623
2014 $29,132 $542,987 $197,486 $345,501
2012 $28,126 $538,197 $195,744 $342,453
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10263477

Midwest Real Estate Data (MRED)

APN: 16-04-103-004