$1,785,000
SOLD MAY 19, 2015

40 N Sheridan Rd Lake Forest, IL 60045

4 Beds
4 Baths
3,332 Sq Ft
0.5 Acres

Recently Sold

$536 Per Sq Ft

6% Below List Price

7 Days on Market

Highlights

  • Heated Floors
  • Landscaped Professionally
  • Georgian Architecture
  • Sheridan Elementary School Rated A
  • Wooded Lot
  • Screened Porch

About This Home

As of November 2023

MAGNIFICENT RENOVATION OF STANLEY ANDERSON HOME IN VERY EAST LOCATION. RIGHT OUT OF A MAGAZINE. HOME FEATURES MODERN LUXURIES & METICULOUS ARCHITECTURAL DETAILS. FEATURES WHITE CUSTOM KITCHEN W HIGH-END APPLIANCES, FABULOUS MASTER STE, MAIN-LEVEL LIB, FIN LOWER LEVEL, SCREENED PORCH W FP, & ALL NEW SYSTEMS. EXTENSIVE PROF LANDSCAPING & GARDENS FURTHER ENHANCE THIS JEWEL BOX HOME. WALK TO BEACH AND TOWN. TRULY A 10!

Last Agent to Sell the Property

Elizabeth Jakaitis

Jameson Sotheby's International Realty License #475137657 Listed on: 03/02/2015

Jameson Sotheby's International Realty

Last Buyer's Agent

Elizabeth Jakaitis

Jameson Sotheby's International Realty License #475137657 Listed on: 03/02/2015

Jameson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,416

Year Built

  • 1938

Lot Details

  • Landscaped Professionally
  • Wooded Lot

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Driveway
  • Garage Is Owned

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Wood Shingle Roof
  • Cedar

Interior Spaces

  • Wet Bar
  • Gas Log Fireplace
  • Entrance Foyer
  • Library
  • Screened Porch
  • Home Gym
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Oven or Range
  • <<microwave>>
  • High End Refrigerator
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,416

Year Built

1938

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train
  • Recent Rehab: Yes
  • Age: 71-80 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Georgian
  • Type Detached: 2 Stories
  • Estimated Year Built: 1938
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1938

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors, Heated Floors, 2nd Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 24X15, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Wine Cooler/Refrigerator
  • Equipment: Humidifier, Security System, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;
  • Fireplace Details: Gas Logs, Gas Starter
  • Attic: Full, Pull Down Stair
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Full Body Spray Shower, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 9X6, On Level: 2nd Level, Flooring: Stone
  • Dining Room: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 18X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Exercise Room, Foyer, Library, Screened Porch
  • Master Bedroom: Dimensions: 16X15, On Level: 2nd Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Additional Room 1 Name: Foyer, Dimensions: 15X8, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Screened Porch, Dimensions: 17X16, On Level: Main Level, Flooring: Porcelain Tile
  • Bedroom 2: Dimensions: 14X13, On Level: 2nd Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Additional Room 3 Name: Library, Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Bedroom 3: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 4 Name: Exercise Rm, Dimensions: 13X10, On Level: Lower, Flooring: Carpet
  • Bedroom 4: Dimensions: 18X13, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 3332
  • Dining Room Type: Separate
  • Family Room: Dimensions: 24X15, On Level: Lower, Flooring: Carpet, Windows: None

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Patio, Porch, Porch Screened, Brick Paver Patio, Storms/Screens, Fire Pit
  • Acreage: 0.5

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 115
  • 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: 100X216X97X223.85
  • Lot Description: Landscaped Professionally, Wooded
  • Parcel Identification Number: 12343070030000

Tax Info

  • Taxes: 24969.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2025
Sold by
Davidson Arthur J and Davidson Amy M
Bought by
Arthur J Davidson Iv Trust and Amy M Davidson Trust
Current Estimated Value
$1,844,791

Purchase Details

Closed on
Jul 24, 2024
Sold by
Davidson Arthur J and Davidson Amy M
Bought by
Casamigos 2 Llc

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
8.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 24, 2024
Sold by
Casamigos 2 Llc
Bought by
Davidson Arthur J and Davidson Amy M

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
8.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 2, 2015
Closed on
May 19, 2015
Sold by
Hitchcock Larry R and Hitchcock Elizabeth A
Bought by
Seaman Maureen
Seller's Agent
Elizabeth Jakaitis
Jameson Sotheby's International Realty
Buyer's Agent
Elizabeth Jakaitis
Jameson Sotheby's International Realty
List Price
$1,895,000
Sold Price
$1,785,000
Premium/Discount to List
-$110,000
-5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.12%
Original Mortgage
$1,500,000
Interest Rate
3.63%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 19, 2007
Sold by
Primacy Closing Corp
Bought by
Hitchcock Larry R and Hitchcock Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,152,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2007
Sold by
Wright Michael R and Michael R Wright Trust
Bought by
Primacy Closing Corp

Purchase Details

Closed on
May 25, 2006
Sold by
Wright Michael R and Wright Catharine R
Bought by
Wright Michael R and Michael R Wright Trust

Purchase Details

Closed on
May 8, 2003
Sold by
Grant Andrew M and Grant Martha B
Bought by
Wright Michael R and Wright Catharine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $1,785,000 Fidelity National Title
Warranty Deed $1,440,000 1St American Title
Deed $1,627,000 1St American Title
Interfamily Deed Transfer -- None Available
Warranty Deed $1,525,000 St
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $1,500,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,640,000 New Conventional
Previous Owner $1,685,250 Unknown
Previous Owner $1,152,000 Purchase Money Mortgage
Previous Owner $800,000 Unknown
Previous Owner $800,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $2,132,500 -7.1% $594 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $2,295,000 +28.6% $640 / Sq Ft
05/19/2015 05/19/15 Sold $1,785,000 -5.8% $536 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $1,895,000 -- $569 / 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 $23,416 $432,905 $172,842 $260,063
2023 $23,416 $380,062 $151,744 $228,318
2022 $21,090 $355,281 $141,850 $213,431
2021 $20,502 $352,217 $140,627 $211,590
2020 $20,044 $354,165 $141,405 $212,760
2019 $30,493 $553,163 $138,809 $414,354
2018 $27,366 $530,923 $185,747 $345,176
2017 $26,905 $522,048 $182,642 $339,406
2016 $25,805 $496,904 $173,845 $323,059
2015 $25,514 $467,895 $163,696 $304,199
2014 $24,970 $455,873 $154,581 $301,292
2012 -- $459,828 $155,922 $303,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08850033

Midwest Real Estate Data (MRED)

APN: 12-34-307-003