$1,155,000
SOLD JUL 24, 2018
5 Beds
7 Baths
5,651 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$204 Per Sq Ft

6% Below List Price

6 Days on Market

Highlights

  • Water Views
  • The property is located in a historic district
  • Vaulted Ceiling
  • Wayne Thomas Elementary School Rated A
  • Recreation Room
  • Traditional Architecture

About This Home

As of September 2023

Gaze out at majestic Lake Michigan as you start your day in this beautiful and unique Fort Sheridan mansion. Built in 2002, the facade of the home matches the original mansions in the Historic District of Fort Sheridan. Once inside the home you will see that this home is unlike any of the others. Meticulously planned and executed, 40 Scott Loop has features typically found in the finest residences. The "living room" inspired by Versailles, has exquisite lake views, a large crystal chandelier and a two-sided fireplace, offering warmth and character to both the Living Room and the Kitchen. The kitchen is fitted with top of the line appliances, including a Commercial Viking Range and a dumb waiter. This home has 5 bedrooms and 5.2 baths including a luxurious master suite with 2 walk-ins and a luxury bath. Other features include a finished walk-out lower level, a 4 car heated garage and an elevator. Near schools, train, parks, beach, trails, forest preserves, restaurants and shopping.

Last Agent to Sell the Property

Marcia Lyman

Engel & Voelkers Chicago North Shore License #475126421 Listed on: 04/30/2018

Engel & Voelkers Chicago North Shore

Co-Listed By

Laurie Field

Engel & Voelkers Chicago North Shore License #475168661

Last Buyer's Agent

Kim Shortsle

Jameson Sotheby's International Realty License #475168103

Jameson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,496

Year Built

  • 2002

HOA Fees

  • $194 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Elevator
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • Attached Fireplace Door
  • See Through Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Home Office
  • Recreation Room
  • Wood Flooring
  • Water Views
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

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

Additional Features

  • Patio
  • Cul-De-Sac
  • The property is located in a historic district

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,496

Year Built

2002

Lot Details

0

HOA Fees

$194 per month

Parking

4

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train, Historical District
  • Age: 16-20 Years
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 5.2
  • Style Of House: Traditional
  • Type Detached: 3 Stories
  • Estimated Year Built: 2002
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Elevator, Hardwood Floors
  • Number Of Rooms: 12
  • Living Room: Dimensions: 21X18, On Level: Main Level, Flooring: Marble
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Wine Cooler/Refrigerator
  • Equipment: TV-Cable
  • Fireplace Details: See through/Multi Sided, Attached Fireplace Doors/Screen, Gas Logs, Gas Starter
  • Attic: Finished, Interior Stair
  • Fireplace Location: Family Room, Living Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 13X7, On Level: 4th Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 15X15, On Level: 2nd Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 20X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Walk-in
  • Additional Rooms: Office, Recreation Room, Foyer, Den, 5th Bedroom
  • Master Bedroom: Dimensions: 22X18, On Level: 3rd Level, Flooring: Hardwood
  • Additional Room 1 Name: Office, Dimensions: 16X12, On Level: 4th Level, Flooring: Hardwood
  • Additional Room 2 Name: Recreation Rm, Dimensions: 21X20, On Level: Basement, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 16X12, On Level: 3rd Level, Flooring: Hardwood
  • Additional Room 3 Name: Foyer, Dimensions: 16X10, On Level: Main Level, Flooring: Marble
  • Bedroom 3: Dimensions: 17X15, On Level: 4th Level, Flooring: Carpet
  • Additional Room 4 Name: Den, Dimensions: 17X16, On Level: 4th Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 17X15, On Level: 4th Level, Flooring: Carpet
  • Additional Room 5 Name: 5th Bdrm, Dimensions: 15X15, On Level: Attic, Flooring: Hardwood
  • Estimated Sq Ft: 5651
  • Dining Room Type: Separate
  • Family Room: Dimensions: 26X18, On Level: 2nd Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Storms/Screens
  • Acreage: 0.17

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 4
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems, Zoned

Condo/Co-op/Association

  • Fee Frequency: Quarterly
  • Assessment Includes: Common Insurance
  • Assessment Association Fees: 581
  • Management Contact Name: Kim Ruebe
  • Management Phone: 847-459-0000

Fee Information

  • Management Company: Leiberman

Schools

  • School District: 113
  • Elementary School: WAYNE THOMAS ELEMENTARY SCHOOL
  • Middle School: NORTHWOOD JUNIOR HIGH SCHOOL
  • High School: HIGHLAND PARK HIGH SCHOOL
  • Junior High Dist: 112
  • Elementary School #2: OAK TERRACE ELEMENTARY SCHOOL

Lot Info

  • Lot Dimensions: 87X97X63X106
  • Lot Description: Cul-de-sac, Water View
  • Parcel Identification Number: 16111020080000

Tax Info

  • Taxes: 15659.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2019
Sold by
Pasternock Paul and Pasternock Elizabeth
Bought by
Elizabeth Pasternock Living Trust
Current Estimated Value
$1,853,583

Purchase Details

Listed on
Apr 30, 2018
Closed on
Jul 19, 2018
Sold by
Andrikos Barbara
Bought by
Pasternock Paul and Pasternock Elizabeth
Seller's Agent
Marcia Lyman
Engel & Voelkers Chicago North Shore
Buyer's Agent
Kim Shortsle
Jameson Sotheby's International Realty
List Price
$1,223,000
Sold Price
$1,155,000
Premium/Discount to List
-$68,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$275,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2013
Sold by
Andrikos Andrew and Andrikos Barbara
Bought by
Andrikos Andrew and Andrikos Barbara

Purchase Details

Closed on
Sep 24, 2002
Sold by
Tfs Residential Iv Llc
Bought by
Andrikos Andrew and Andrikos Barbara
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed -- Attorney
Warranty Deed $1,155,000 Burnet Title
Interfamily Deed Transfer -- None Available
Special Warranty Deed $1,335,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $987,500 New Conventional
Previous Owner $275,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Previous Owner $475,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $1,737,500 -7.3% $312 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $1,875,000 +62.3% $337 / Sq Ft
07/24/2018 07/24/18 Sold $1,155,000 -5.6% $204 / Sq Ft
05/06/2018 05/06/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $1,223,000 -- $216 / 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 $36,496 $461,540 $56,460 $405,080
2023 $34,310 $416,026 $50,892 $365,134
2022 $34,310 $380,993 $55,907 $325,086
2021 $31,655 $368,288 $54,043 $314,245
2020 $30,630 $368,288 $54,043 $314,245
2019 $29,592 $366,565 $53,790 $312,775
2018 $15,643 $439,001 $62,414 $376,587
2017 $15,445 $436,469 $62,054 $374,415
2016 $15,660 $415,527 $59,077 $356,450
2015 $16,367 $386,070 $54,889 $331,181
2014 $16,767 $215,719 $63,921 $151,798
2012 $22,594 $291,466 $64,294 $227,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09933355

Midwest Real Estate Data (MRED)

APN: 16-11-102-008