NOT LISTED FOR SALE

301 N Sheridan Rd Lake Forest, IL 60045

Estimated Value: $3,367,908 - $5,554,000

6 Beds
8 Baths
9,156 Sq Ft
$515/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $3,900,000 $426 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $32,074/month

724 Days on Market

Highlights

  • In Ground Pool
  • Recreation Room
  • Whirlpool Bathtub
  • Sheridan Elementary School Rated A
  • Wood Flooring
  • Gallery

About This Home

As of May 2014

This idyllic three acre setting is rarely found in east Lake Forest. The striking stucco and stone English manor home was designed by Russell Walcott. The extensive interior and exterior renovation earned an LF Preservation Award in 2004. The property also includes a separate two-bedroom and one-bath renovated coach house, an in-ground pool and a pool house with dual changing rooms/baths, great room and kitchen.

Last Agent to Sell the Property

Jean Royster

Coldwell Banker Realty License #475133732 Listed on: 01/16/2012

Coldwell Banker Realty

Co-Listed By

Annie Lenzke

Coldwell Banker Realty License #475133720

Last Buyer's Agent

Jean Royster

Coldwell Banker Realty License #475133732 Listed on: 01/16/2012

Coldwell Banker Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $85,865

Year Built

  • 1927

Lot Details

  • 3.01

Parking

  • Detached Garage
  • Circular Driveway
  • Side Driveway

Home Design

  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • Wet Bar
  • Wood Burning Fireplace
  • Mud Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Library
  • Recreation Room
  • Gallery
  • Home Gym
  • Wood Flooring

Kitchen

  • Butlers Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Partially Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • In Ground Pool
  • Screened Patio

Utilities

  • Radiator
  • Heating System Uses Gas
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$85,865

Year Built

1927

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train
  • Recent Rehab: Yes
  • Type Detached: 2 Stories
  • Special Features: None
  • Year Built: 1927

Interior Features

  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal
  • Fireplaces: 3
  • Interior Property Features: Bar-Wet, Hardwood Floors
  • Number Of Rooms: 14
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room, Master Bedroom
  • Basement: Partial
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 6
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 20X15
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 22X14
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 17X16
  • Third Bedroom Flooring: Hardwood
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 15X15
  • Fourth Bedroom Flooring: Hardwood
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Living Room Level: Main Level
  • Living Room Size: 34X24
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 28X17
  • Dining Room Flooring: Hardwood
  • Kitchen Type: Island, Pantry-Butler
  • Kitchen Level: Main Level
  • Kitchen Size: 17X15
  • Kitchen Flooring: Hardwood
  • Additional Rooms: 5th Bedroom, 6th Bedroom, Breakfast Room, Exercise Room, Gallery, Library, Mud Room, Office, Recreation Room, Walk In Closet
  • Additional Room 1 Name: Library
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 17X16
  • Additional Room 1 Flooring: Hardwood
  • Additional Room 2 Name: Breakfast Rm
  • Additional Room 2 Level: Main Level
  • Additional Room 2 Size: 15X10
  • Additional Room 2 Flooring: Hardwood
  • Additional Room 3 Name: Gallery
  • Additional Room 3 Level: Main Level
  • Additional Room 3 Size: 30X11
  • Additional Room 3 Flooring: Slate
  • Additional Room 4 Name: 5th Bdrm
  • Additional Room 4 Level: 2nd Level
  • Additional Room 4 Size: 15X12
  • Additional Room 4 Flooring: Hardwood
  • Additional Room 5 Name: 6th Bdrm
  • Additional Room 5 Level: 2nd Level
  • Additional Room 5 Size: 16X10
  • Additional Room 5 Flooring: Hardwood
  • Additional Room 6 Name: Office
  • Additional Room 6 Level: 2nd Level
  • Additional Room 6 Size: 11X10
  • Additional Room 6 Flooring: Hardwood
  • Additional Room 7 Name: Exercise Rm
  • Additional Room 7 Level: 2nd Level
  • Additional Room 7 Size: 16X9
  • Additional Room 7 Flooring: Hardwood
  • Additional Room 8 Name: Mud
  • Additional Room 8 Level: Main Level
  • Additional Room 8 Size: 12X10
  • Additional Room 9 Name: Recreation Rm
  • Additional Room 9 Level: Basement
  • Additional Room 9 Size: 24X15
  • Additional Room 9 Flooring: Carpet
  • Additional Room 10 Name: Walk in Closet
  • Additional Room 10 Level: 2nd Level
  • Additional Room 10 Size: 20X20
  • Additional Room 10 Flooring: Carpet

Exterior Features

  • Roof: Tile
  • Lot Size: 3.0-3.99 Acres
  • Exterior Building Type: Stucco, Stone
  • Exterior Property Features: Patio, Screened Patio, Pool In-Ground

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Circular, Side Drive

Utilities

  • Cooling: Space Pac
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Radiators

Schools

  • Elementary School: SHERIDAN ELEMENTARY SCHOOL
  • Middle School: DEER PATH MIDDLE SCHOOL
  • High School: LAKE FOREST HIGH SCHOOL
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 131116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2012
Closed on
May 1, 2014
Sold by
Gray J Douglas and Gray Karen Z
Bought by
Chicago Title Land Trust Company and Trust #8002364627
Seller's Agent
Jean Royster
Coldwell Banker Realty
Buyer's Agent
Jean Royster
Coldwell Banker Realty
List Price
$5,499,000
Sold Price
$3,900,000
Premium/Discount to List
-$1,599,000
-29.08%
Current Estimated Value
$4,718,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$818,636
Avg. Annual Appreciation
1.69%

Purchase Details

Closed on
Nov 20, 2013
Sold by
Gray J Douglas and Gray Karen Z
Bought by
Gray J Douglas and Gray Karen Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$815,000
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 1, 2000
Sold by
Giesen Richard A
Bought by
Gray J Douglas and Gray Karen Z

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
8%
Mortgage Type
Balloon
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
Chicago Title Land Trust Company $3,900,000 Chicago Title Co
Gray J Douglas -- Fidelity National Title
Gray J Douglas $3,950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gray J Douglas $815,000
Previous Owner Gray J Douglas $1,000,000
Closed Gray J Douglas $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $3,900,000 -9.7% $426 / Sq Ft
01/09/2014 01/09/14 Pending -- -- --
03/18/2013 03/18/13 Price Changed $4,319,000 -10.0% $472 / Sq Ft
10/12/2012 10/12/12 Price Changed $4,799,000 -4.0% $524 / Sq Ft
04/23/2012 04/23/12 Price Changed $4,999,000 -9.1% $546 / Sq Ft
01/16/2012 01/16/12 For Sale $5,499,000 -- $601 / 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 $85,865 $1,488,698 $734,814 $753,884
2023 $79,353 $1,372,325 $677,373 $694,952
2022 $79,353 $1,320,209 $651,649 $668,560
2021 $77,150 $1,308,823 $646,029 $662,794
2020 $71,666 $1,316,062 $649,602 $666,460
2019 $71,656 $1,291,903 $637,677 $654,226
2018 $39,528 $1,388,859 $851,161 $537,698
2017 $70,888 $1,365,643 $836,933 $528,710
2016 $68,014 $1,363,935 $796,624 $567,311
2015 $70,611 $1,284,308 $750,117 $534,191
2014 $65,456 $1,328,588 $673,453 $655,135
2012 $64,128 $1,195,677 $595,230 $600,447
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07975629

Midwest Real Estate Data (MRED)

APN: 12-34-303-008