NOT LISTED FOR SALE

33132 Lake Forest Ct Niles, MI 49120

Estimated Value: $1,173,000 - $1,377,000

4 Beds
2.5 Baths
5,646 Sq Ft
$231/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $775,000 $137 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $8,422/month

78 Days on Market

Highlights

  • 160 Feet of Waterfront
  • Deck
  • Sun or Florida Room
  • Home fronts a pond
  • Family Room with Fireplace
  • Cul-De-Sac

About This Home

As of November 2018

The Reserve at Knollwood! Exclusive gated community just minutes from the state line. Enjoy this luxurious custom built all brick free standing villa situated in a private cul-de-sac on 2.46 acres at the edge of the woods with manicured shrubbery, trees, and lawn – an oasis of tranquility and privacy.Panoramic views are available from two terraces. The upper terrace, set off by cast stone balustrades, includes a loggia seating area with a sweeping view of the lake. The lower terrace is centered around a lighted fountain with cast stone coping and a garden with Italian statuary. The main level of the home contains 3800 sq. ft. of living space including a Great Hall living and dining room with 11 ft ceilings and 8 ft Palladian windows looking out on the lake, a music room with a grand piano, a library with built-in bookcases, a powder room with an antiqued sink-cabinet, a spacious kitchen with a large center island that has seating for three, plus a separate dining area that seats six, a family room with fireplace, a laundry room with built-in desk and cabinetry, a master suite with a large walk-in closet containing a built-in chest of drawers, and a bedroom/sitting room. The master bath includes a walk-in shower with two shower heads, a five and a half foot Kohler enameled cast iron soaking tub, and two sinks set in quartz countertops surrounded by elegant Ayr custom cabinetry. Everyone's favorite room is a year round sunroom with three walls of windows, all with breath-taking views of the property. The lower level walk-out contains 1840 sq. ft. of finished space including a guest suite with two bedrooms and a bathroom, a large media/family room with surround sound, a fireplace, extensive cabinets and storage space, a bar/kitchen/eating area which opens onto the gardens of the lower terrace, and a spacious office from which you walk out to view a bubbling fountain. In addition, the lower level contains another 1900 sq ft of unfinished space to accommodate whatever further expansion may be desired.Just minutes to Notre Dame, Granger, South Bend, Lake Michigan and less than 2 hours from Chicago! Call for your private showing!

Last Agent to Sell the Property

Jan Lazzara

RE/MAX by the Lake License #6501321774 Listed on: 05/24/2018

RE/MAX by the Lake

Last Buyer's Agent

Diane Bennett

Inspired Homes, LLC License #6502400904

Inspired Homes, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,938

Year Built

  • Built in 2004

Lot Details

  • 2.47 Acre Lot
  • Lot Dimensions are 322.48x113.98x145.67x333.44
  • Home fronts a pond
  • 160 Feet of Waterfront
  • Cul-De-Sac
  • Shrub
  • Sprinkler System

HOA Fees

  • $373 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Area
  • Sun or Florida Room

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • 2 Bedrooms in Basement

Outdoor Features

  • Water Access
  • No Wake Zone
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Septic System

Community Details

  • Association fees include snow removal, lawn/yard care

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,938

Year Built

Built in 2004

Lot Details

0

HOA Fees

$373 per month

Parking

3

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 2004
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 322.48x113.98x145.67x333.44
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 5646.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 8938.0
  • Waterfront Options:Water Access YN: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Lot Description:Cul-De-Sac: Yes
  • Waterfront Options:Water Frontage3: 160.0
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Underground Sprinkler: Yes
  • Additional Items:Home Warranty: Yes
  • General Property Info:SqFt Above Grade: 3806.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Water Softener Owned
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Kitchen Island, Pantry
  • Fireplace Features: Family Room, Other
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 5646.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Bedrooms: 2
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 1840.0
  • Basement Rooms:Total Basement SQFT: 3640.0
  • Appliances:Oven: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Family: Yes
  • Appliances:Water Softener-Owned: Yes
  • Below Grade Sq Ft: 1840.0

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: 3 Season Room
  • Home Warranty: Yes
  • List Price: 875000.0
  • Lot Features: Cul-De-Sac
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Water Body Name: Private Pond
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes
  • Exterior Features 3 Season Room: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee: 4475.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 4475.0
  • Association Info:Assoc Fee Payable: Annually
  • Water Fea Amenities:No Wake: Yes

Fee Information

  • Association Fee Includes: Snow Removal, Lawn/Yard Care

Lot Info

  • Lot Size Acres: 2.47
  • Lot Size Area: 2.47
  • Lot Dimensions: 322.48x113.98x145.67x333.44
  • Lot Size Sq Ft: 107593.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8938.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Nov 16, 2018
Sold by
Regan John E and Regan Carol A
Bought by
Lawrence Kelly M
Seller's Agent
Jan Lazzara
RE/MAX by the Lake
Buyer's Agent
Diane Bennett
Inspired Homes, LLC
List Price
$975,000
Sold Price
$775,000
Premium/Discount to List
-$200,000
-20.51%
Current Estimated Value
$1,302,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$527,506
Avg. Annual Appreciation
7.84%
Original Mortgage
$725,000
Outstanding Balance
$624,840
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$677,666
Source: Public Records

Range of Values:

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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
Lawrence Kelly M $775,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Kelly M $725,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $775,000 -20.5% $137 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $975,000 -- $173 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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
2025 $13,721 $595,100 $595,100 $0
2024 $5,746 $611,700 $611,700 $0
2023 $5,479 $560,100 $0 $0
2022 $5,219 $516,100 $0 $0
2021 $11,993 $473,200 $0 $0
2020 $11,972 $466,300 $0 $0
2019 $11,814 $468,800 $0 $0
2018 $3,834 $459,700 $0 $0
2017 $3,755 $459,500 $0 $0
2016 $3,722 $459,800 $0 $0
2015 -- $473,600 $0 $0
2011 -- $329,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18022888

Southwestern Michigan Association of REALTORS®

APN: 14-070-620-123-00