Seller's Agent in 2021
Houda Chedid
Compass
(847) 987-8517
32 in this area
40 Total Sales
351 Wallace Rd Lake Forest, IL 60045
Estimated Value: $2,022,008 - $2,300,000
5
Beds
6
Baths
5,770
Sq Ft
$373/Sq Ft
Est. Value
Highlights
- Landscaped Professionally
- Mature Trees
- Property is adjacent to nature preserve
- Everett Elementary School Rated A
- Deck
- Recreation Room
About This Home
As of May 2021Stately elegance eminates in this beautiful Georgian . Enter this gated property to be welcome to a large marble foyer with bridal staircase. There is a library/office privately set, off the Living room. Other office in the finished lower level. Perfect for working at home. The formal dining room could host large parties and family dinners, opening to the butler pantry adjacent to the kitchen with extra glass cabinets . The large living room has French windows and a fireplace. Huge vaulted ceiling family room with spectacular views of the privately fenced in yard, while the large gourmet kitchen is wonderful for family gathering together, preparing the best dinners; the island features a breakfast bar, top of the line appliances, a planning desk and a walk-in pantry. The breakfast area opens up with French doors to the expansive yard and the large stone patio. The bedroom suite on the 1st floor is close to the kitchen and the back staircase. The second floor is a host to 4 bedrooms including the master suite. This luxurious master suite has large walk-in closet, a spa-like bathroom, whirlpool, separate shower, separate water closet and a balcony for an end of the day quiet moments overlooking the special backyard with a fountain, lily pond, perennials and a pergola. The finished lower level features large recreation room, sitting room, bar area, an office, full bathroom & a finished storage space. For the car lovers, the 4 car garage with epoxy floor is wonderful space for that extra car . Other Features: Cherry wood floors, newer furnaces & A/C. There is a generator, sump pump back up system, leaf filter added this year to the gutters/lawn sprinkler system. This gated property offers serene setting and privacy. Easy access to shopping, schools, highways & tollways. Walking distance to the market, restaurants & coffee shop. Close to Open Lands. Enjoy short & long walks in this great location.
Last Buyer's Agent
@properties Christie's International Real Estate License #475145156
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $31,327
Year Built
- 1996
Lot Details
- Property is adjacent to nature preserve
- East or West Exposure
- Fenced Yard
- Landscaped Professionally
- Mature Trees
- Wooded Lot
HOA Fees
- $25 per month
Parking
- Attached Garage
- Garage Door Opener
- Circular Driveway
- Brick Driveway
- Garage Is Owned
Home Design
- Georgian Architecture
- Brick Exterior Construction
- Slab Foundation
- Wood Shingle Roof
Interior Spaces
- Wet Bar
- Built-In Features
- Dry Bar
- Vaulted Ceiling
- Fireplace With Gas Starter
- Entrance Foyer
- Breakfast Room
- Dining Area
- Home Office
- Library
- Workroom
- Recreation Room
- Game Room
- Home Gym
- Wood Flooring
- Property Views
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Butlers Pantry
- Built-In Double Oven
- Cooktop with Range Hood
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- Main Floor Bedroom
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Recreation or Family Area in Basement
- Finished Basement Bathroom
- Basement Storage
Outdoor Features
- Deck
- Patio
Location
- Property is near a bus stop
Utilities
- Forced Air Zoned Cooling and Heating System
- Heating System Uses Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2021
Closed on
May 8, 2021
Sold by
Sabbagha Asma and Estate Of Asma Sabbagha
Bought by
William J Sexton Declaration Of Trust and Sexton
Seller's Agent
Houda Chedid
Compass
Buyer's Agent
Susan Amory Weninger
@properties Christie's International Real Estate
List Price
$1,549,000
Sold Price
$1,470,000
Premium/Discount to List
-$79,000
-5.1%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$680,252
Avg. Annual Appreciation
9.05%
Original Mortgage
$1,470,000
Outstanding Balance
$1,316,706
Interest Rate
2.38%
Mortgage Type
New Conventional
Estimated Equity
$833,546
Purchase Details
Closed on
Mar 27, 1997
Sold by
Elies Builders Inc
Bought by
Sabbagha Rudy E and Sabbagha Asma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.73%
Purchase Details
Closed on
Jan 20, 1997
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Elies Builders Inc
Purchase Details
Closed on
Sep 11, 1995
Sold by
Chicago Title & Trust Company
Bought by
Deerfield Fsla
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| William J Sexton Declaration Of Trust | $1,470,000 | Rubin Morton | |
| Sabbagha Rudy E | $1,426,000 | Chicago Title Insurance Co | |
| Elies Builders Inc | -- | -- | |
| Deerfield Fsla | $430,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | William J Sexton Declaration Of Trust | $1,470,000 | |
| Previous Owner | Sabbagha Rudy E | $1,100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/14/2021 05/14/21 | Sold | $1,470,000 | -5.1% | $255 / Sq Ft |
| 04/03/2021 04/03/21 | Pending | -- | -- | -- |
| 03/15/2021 03/15/21 | For Sale | $1,549,000 | -- | $268 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $31,327 | $530,013 | $176,774 | $353,239 |
| 2023 | $29,099 | $508,650 | $169,649 | $339,001 |
| 2022 | $29,099 | $490,630 | $178,678 | $311,952 |
| 2021 | $27,219 | $473,034 | $172,270 | $300,764 |
| 2020 | $26,518 | $474,030 | $172,633 | $301,397 |
| 2019 | $25,644 | $473,225 | $172,340 | $300,885 |
| 2018 | $25,865 | $506,231 | $182,667 | $323,564 |
| 2017 | $25,618 | $504,616 | $182,084 | $322,532 |
| 2016 | $27,360 | $533,994 | $175,199 | $358,795 |
| 2015 | $26,944 | $501,732 | $164,614 | $337,118 |
| 2014 | $25,912 | $483,636 | $165,790 | $317,846 |
| 2012 | $25,820 | $494,535 | $164,327 | $330,208 |
Source: Public Records
Agents Affiliated with this Home
-
Houda Chedid
-
Susan Amory Weninger
Buyer's Agent in 2021
Susan Amory Weninger
@ Properties
(773) 882-6194
65 in this area
90 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD11021768
APN: 16-06-203-012
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