NOT LISTED FOR SALE

355 Edgefield Ln Lake Forest, IL 60045

Estimated Value: $1,246,155 - $1,358,000

3 Beds
4.5 Baths
3,685 Sq Ft
$356/Sq Ft Est. Value

Last Sold October 16, 2024

Last sale price $1,300,000 $353 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,976/month

27 Days on Market

Highlights

  • Cape Cod Architecture
  • Landscaped Professionally
  • Wood Flooring
  • Deer Path Middle School East Rated A
  • Recreation Room
  • Main Floor Bedroom

About This Home

As of October 2024

CONWAY FARMS BEAUTY. Don't miss this picture-perfect, Lannon stone and cedar-sided home featured in House Beautiful magazine and located in the heart of sought-after Conway Farms. Designed by the renowned architectural firm of RM Swanson and perfectly situated on almost one half-acre, the interior of this light-filled home boasts exquisite crown molding at every turn, gleaming maple floors, a circular floor plan, and 3,685 square feet of living space on the first and second floors. The entry foyer impresses with a 16-foot ceiling, detailed wall paneling, and an elegant staircase to a split stairway with a Juliet balcony. The back of the home features floor-to-ceiling windows overlooking an expansive bluestone patio and beautifully landscaped yard. With direct access to the patio from the kitchen, the dining room, and the living room, this home offers fantastic indoor/outdoor living ease. The recently renovated white kitchen boasts custom Quaker style cabinets, generous storage space, high-end stainless-steel appliances including a Sub-Zero refrigerator, center island seating, and a vaulted 14-foot ceiling. The kitchen flows effortlessly into the spacious dining room with beautiful wainscoting & dentil molding, perfect for both casual and formal living. The family room features a gas fireplace and mantel with dentil molding and an impressive 2-story vaulted ceiling with a wow factor of 10. The secluded study at the front of the home showcases glass-paned French doors, dark wood wainscoting, built-in cabinets and a bay window. Tucked away nearby you will find a quiet FIRST FLOOR PRIMARY SUITE with seating area, lighted tray ceiling, bay window, his and hers closets, dual vanities, water closet, shower, and whirlpool tub. The first floor is rounded out by a laundry and a side entry which offers direct access to the oversized, 2-car garage with cabinets and workbench. On the second floor there are 2 well-proportioned private bedrooms each with ensuite bathrooms. The lower level features an ADDITIONAL 2200 SF OF FINISHED LIVING SPACE including a 4th bedroom, full bath with whirlpool tub, exercise/yoga area, sauna, large recreation room with built-ins and wet bar, game area, enormous cedar closet and tempreature-controlled wine room. It is also possible to wall off part of this generously finished space for additional storage capacity. This house has it all--rooms to come together as a family, as well as spaces for privacy. All of that and the swimming pool, tennis and pickle ball courts, walking paths, and the prestige of living in Conway Farms.

Last Agent to Sell the Property

Elizabeth Smith

@properties Christie's International Real Estate License #475193723 Listed on: 09/05/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Dawn McKenna

Coldwell Banker Realty License #475122904

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,652

Year Built

  • Built in 1994

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 114 x169
  • Cul-De-Sac
  • Landscaped Professionally

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Cape Cod Architecture
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,685 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Utility Room with Study Area
  • Home Gym
  • Wood Flooring

Kitchen

  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Patio

Schools

  • Lake Forest High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Community Details

  • Association fees include insurance, pool, snow removal
  • Linda Ekenberg Association, Phone Number (847) 267-1650
  • Conway Farms Subdivision
  • Property managed by Conway Farms Homeowners Association

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,652

Year Built

Built in 1994

Lot Details

0

HOA Fees

$295 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Conway Farms
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 3685
  • Room Type: Study, Exercise Room, Recreation Room
  • Estimated Total Finished Sq Ft: 3685
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 3685
  • Fireplace Location: Family Room
  • Total Sq Ft: 3685
  • Upper Level Sq Ft: 1097
  • Main Level Sq Ft: 2588
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 1399000
  • Lot Features: Cul-De-Sac, Landscaped
  • Patio And Porch Features: Patio
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Cedar,Stone

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 885
  • Association Fee Frequency: Quarterly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Conway Farms Homeowners Association
  • Management Contact Name: Linda Ekenberg
  • Management Phone: 847-267-1650
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Insurance, Pool, Snow Removal, Other

Schools

  • High School: Lake Forest High School
  • Middle/Junior School District: 67

Lot Info

  • Lot Size Acres: 0.46
  • Lot Dimensions: 114 X169
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 20652
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Oct 16, 2024
Sold by
Joanne G Martin Living Trust and Martin Joanne G
Bought by
Schaeffer Family Revocable Trust and Schaeffer
Seller's Agent
Elizabeth Smith
@properties Christie's International Real Estate
Buyer's Agent
Dawn McKenna
Coldwell Banker Realty
List Price
$1,399,000
Sold Price
$1,300,000
Premium/Discount to List
-$99,000
-7.08%
Total Days on Market
27
Views
24
Current Estimated Value
$1,311,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,539
Avg. Annual Appreciation
3.14%

Purchase Details

Closed on
May 30, 2019
Sold by
Atg Trust Company
Bought by
Martin Joanne G and Martin Michael L

Purchase Details

Closed on
Mar 8, 1999
Sold by
Murnane Lukas Michael T and Murnane Lukas Mary
Bought by
The Northern Trust Company and Trust #9597

Purchase Details

Closed on
Nov 9, 1993
Sold by
Murnane Lukas Michael T and Murnane Lukas Mary
Bought by
Lukas Michael T
Source: Public Records

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Range of Values:

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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
Schaeffer Family Revocable Trust $1,300,000 Chicago Title
Martin Joanne G -- None Available
The Northern Trust Company -- --
Lukas Michael T $116,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaeffer Family Revocable Liv $1,000,000
Closed Schaeffer Family Revocable Liv $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Sold $1,300,000 -7.1% $353 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
08/28/2024 08/28/24 For Sale $1,399,000 -- $380 / 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 $20,653 $361,525 $95,534 $265,991
2023 $17,402 $341,125 $90,143 $250,982
2022 $17,402 $298,070 $78,766 $219,304
2021 $16,883 $294,856 $77,917 $216,939
2020 $16,900 $303,303 $78,183 $225,120
2019 $18,501 $341,267 $77,895 $263,372
2018 $9,635 $337,473 $84,677 $252,796
2017 $16,730 $329,595 $82,700 $246,895
2016 $16,140 $315,614 $79,192 $236,422
2015 $15,810 $313,037 $74,060 $238,977
2014 $14,080 $273,712 $79,541 $194,171
2012 $14,295 $274,260 $79,700 $194,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12148610

Midwest Real Estate Data (MRED)

APN: 15-01-202-049