NOT LISTED FOR SALE

401 E Westminster Lake Forest, IL 60045

Estimated Value: $1,712,000 - $1,949,000

5 Beds
5 Baths
3,349 Sq Ft
$538/Sq Ft Est. Value

Last Sold September 02, 2014

Last sale price $1,220,000 $364 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $11,610/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Landscaped Professionally
  • Detached Garage
  • Sheridan Elementary School Rated A
  • Breakfast Room
  • Butlers Pantry

About This Home

As of September 2014

Classic curb appeal! Stately Jerome Cerny Colonial located in E Lk Forest 2 blocks from downtown shopping district & train. Huge DR & LR w/FP & French doors to year round sunrm. 1st flr library w/buit-in bookshelves. Kitchen w/ Butler's Pantry. 5 bedrms on 2nd floor. Stairs to 3rd floor w/full bath plus 2 potential additional bedrms. Beautiful outdoor gardens on lush .51 acre lot in exceptional location. Sold "as is"

Last Agent to Sell the Property

Lisa Trace

@properties Christie's International Real Estate License #475127633 Listed on: 06/01/2014

@properties Christie's International Real Estate

Last Buyer's Agent

Katherine Hudson

Compass License #475133571

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,766

Year Built

  • 1928

Lot Details

  • Southern Exposure
  • Landscaped Professionally

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Entrance Foyer
  • Breakfast Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,766

Year Built

1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train
  • Age: 81-90 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.1
  • Style Of House: Colonial
  • Type Detached: 3 Stories
  • Estimated Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 30X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Attic: Finished
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 12X6, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 17X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X14, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space, Pantry-Butler
  • Additional Rooms: 5th Bedroom, Breakfast Room, Foyer
  • Master Bedroom: Dimensions: 16X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 11X8, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Breakfast Rm, Dimensions: 12X7, On Level: Main Level, Flooring: Vinyl
  • Bedroom 2: Dimensions: 16X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Foyer, Dimensions: 12X6, On Level: Main Level, Flooring: Other
  • Bedroom 3: Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 11X8, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 3349
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: S (South)
  • Acreage: 0.51

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Baseboard

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: 103X214X104X224
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 12332040010000

Tax Info

  • Taxes: 17919

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2014
Closed on
Sep 2, 2014
Sold by
Gresens Nancy C and Nancy C Gresens Trust
Bought by
Torosian Jeffrey S and Torosian Laura E
Seller's Agent
Lisa Trace
@properties Christie's International Real Estate
Buyer's Agent
Katherine Hudson
Compass
List Price
$1,350,000
Sold Price
$1,220,000
Premium/Discount to List
-$130,000
-9.63%
Current Estimated Value
$1,800,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,481
Avg. Annual Appreciation
3.56%
Original Mortgage
$976,000
Outstanding Balance
$710,571
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,089,910

Purchase Details

Closed on
Apr 11, 2014
Sold by
Gresens Nancy C and Macnaughton Celia G
Bought by
Gresens Nancy C and Nancy C Gresens Trust

Purchase Details

Closed on
Jun 4, 2007
Sold by
Gresens Herbert A and Gresens Nancy C
Bought by
Gresens Herbert A and Gresens Nancy C
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Torosian Jeffrey S $1,220,000 First American Title
Gresens Nancy C -- None Available
Gresens Herbert A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torosian Jeffrey S $976,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2014 09/02/14 Sold $1,220,000 -9.6% $364 / Sq Ft
06/09/2014 06/09/14 Pending -- -- --
06/01/2014 06/01/14 For Sale $1,350,000 -- $403 / 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 $24,766 $457,345 $184,305 $273,040
2023 $22,301 $401,518 $161,808 $239,710
2022 $22,301 $375,338 $151,258 $224,080
2021 $21,680 $372,100 $149,953 $222,147
2020 $21,195 $374,158 $150,782 $223,376
2019 $20,136 $367,290 $148,014 $219,276
2018 $20,915 $407,198 $199,546 $207,652
2017 $20,562 $400,391 $196,210 $204,181
2016 $19,718 $381,107 $186,760 $194,347
2015 $19,491 $358,858 $175,857 $183,001
2014 $18,210 $339,034 $157,883 $181,151
2012 $17,919 $341,975 $159,253 $182,722
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08631362

Midwest Real Estate Data (MRED)

APN: 12-33-204-001