NOT LISTED FOR SALE

404 Forest Ln Libertyville, IL 60048

Estimated Value: $2,401,000 - $2,633,000

6 Beds
8 Baths
10,472 Sq Ft
$243/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $1,680,000 $160 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $17,416/month

527 Days on Market

Highlights

  • Water Views
  • Home Theater
  • Mature Trees
  • Butterfield School Rated A-
  • Landscaped Professionally
  • French Provincial Architecture

About This Home

As of February 2021

NEW LOW PRICE FOR THIS MAGNIFICENT HOME! This custom 10,000 square foot home is both incredibly elegant and immensely comfortable. Stunning foyer greets you as you enter this amazing home. Living room with adjoining sun filled sitting room. Distinguished wood paneled office. Opulent dining room perfect for those special occasions. Spacious gourmet kitchen with eating area and adjoining screened porch. Kitchen open to family room ~ ideal for entertaining and everyday living. Romantic master suite with french doors overlooking manicured lawn. 5 additional private en suites. Second floor bonus, game room and laundry room. Incredible walk out lower level complete with theater room,recreation room with wet bar, exercise room,full bath and loads of storage space. This home is nothing short of spectacular throughout ~ all of this within a short distance to vibrant downtown Libertyville and award winning high school.

Last Agent to Sell the Property

Margaret Styler

@properties Christie's International Real Estate License #475133716 Listed on: 07/26/2019

@properties Christie's International Real Estate

Last Buyer's Agent

Amy Seymour

@properties Christie's International Real Estate License #475148167

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,057

Year Built

  • 2001

Lot Details

  • Landscaped Professionally
  • Mature Trees

Parking

  • Attached Garage
  • Carport
  • Garage Transmitter
  • Garage Door Opener
  • Brick Driveway
  • Garage Is Owned

Home Design

  • French Provincial Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • Wet Bar
  • Bar Fridge
  • See Through Fireplace
  • Gas Log Fireplace
  • Home Theater
  • Library
  • Recreation Room
  • Bonus Room
  • Game Room
  • Sun or Florida Room
  • Screened Porch
  • Second Floor Utility Room
  • Laundry on upper level
  • Gallery
  • Home Gym
  • Wood Flooring
  • Water Views
  • Storm Screens

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Bar Refrigerator
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Balcony
  • Patio
  • Fire Pit

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,057

Year Built

2001

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Age: 16-20 Years
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 4
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 7.1
  • Total Sq Ft: 10472
  • Style Of House: French Provincial
  • Type Detached: Hillside
  • Estimated Year Built: 2001
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 10472
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors, 1st Floor Bedroom, 2nd Floor Laundry, 1st Floor Full Bath, Walk-In Closet(s)
  • Number Of Rooms: 16
  • Living Room: Dimensions: 21X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Refrigerator-Bar, Disposal, Compactor-Trash
  • Equipment: Humidifier, TV-Cable, Security System, CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: See through/Multi Sided, Gas Logs, Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Family Room, Living Room, Master Bedroom, Basement
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 6
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower
  • Above Grade Bedrooms: 6
  • Laundry: Dimensions: 12X10, On Level: 2nd Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 18X16, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 24X17, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Galley, Island, Pantry-Walk-in
  • Additional Rooms: Bonus, 5th Bedroom, 6th Bedroom, Enclosed Porch, Exercise Room, Gallery, Game Room, Library, Recreation Room, Screened Porch, Sun/Florida Room, Theatre Room, Utility Room-2nd Floor
  • Master Bedroom: Dimensions: 24X20, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 16X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 16X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Sunroom, Dimensions: 14X14, On Level: Main Level, Flooring: Other
  • Bedroom 3: Dimensions: 15X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Library, Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 18X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Bonus, Dimensions: 22X22, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 6 Name: Other, Dimensions: 22X13, On Level: 2nd Level, Flooring: Other
  • Additional Room 7 Name: Theater Rm, Dimensions: 18X15, On Level: Walkout Basement, Flooring: Carpet
  • Additional Room 8 Name: Game Rm, Dimensions: 28X16, On Level: Walkout Basement
  • Additional Room 9 Name: Recreation Rm, Dimensions: 40X16, On Level: Walkout Basement
  • Additional Room 10 Name: Exercise Rm, Dimensions: 14X14, On Level: Walkout Basement
  • Estimated Sq Ft: 10472
  • Estimated Total Finished Sq Ft: 10472
  • Lower Level Sq Ft: 1744
  • Main Level Sq Ft: 3918
  • Upper Level Sq Ft: 4810
  • Dining Room Type: Separate
  • Family Room: Dimensions: 25X21, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Stucco, Stone
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, Patio, Porch Screened, Brick Paver Patio, Storms/Screens, Fire Pit
  • Acreage: 0.7305

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Carport
  • Garage On Site: Yes
  • Number Garage Spaces: 4
  • Driveway: Brick
  • 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, Indv Controls, Zoned

Schools

  • Junior High Dist: 70

Lot Info

  • Lot Dimensions: 134X292X800X198
  • Lot Description: Landscaped Professionally, Water View, Mature Trees
  • Parcel Identification Number: 11163090010000

Tax Info

  • Taxes: 48786.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2019
Closed on
Feb 5, 2021
Sold by
Jennings Douglas L and Jennings Jennifer V
Bought by
Marano Rachel and Gordon Brant
Seller's Agent
Margaret Styler
@properties Christie's International Real Estate
Buyer's Agent
Amy Seymour
@properties Christie's International Real Estate
List Price
$2,100,000
Sold Price
$1,680,000
Premium/Discount to List
-$420,000
-20%
Current Estimated Value
$2,549,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$869,655
Avg. Annual Appreciation
9.32%
Original Mortgage
$1,344,000
Outstanding Balance
$1,202,060
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,347,595

Purchase Details

Listed on
Jun 7, 2012
Closed on
Jan 25, 2013
Sold by
Partain Nathan and Partain Kristine
Bought by
Jennings Douglas L and Jennings Jennifer V
Seller's Agent
Debra Dunn
@properties Christie's International Real Estate
Buyer's Agent
Maria Etling
Berkshire Hathaway HomeServices Chicago
List Price
$2,100,000
Sold Price
$1,720,000
Premium/Discount to List
-$380,000
-18.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.29%
Original Mortgage
$1,204,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 30, 2001
Sold by
Mcdaniel Jennie
Bought by
Partain Nathan and Partain Kristine

Purchase Details

Closed on
Apr 1, 1999
Sold by
Bank Of Waukegan
Bought by
Mcdaniel Edgar L and Mcdaniel Jennie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.05%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marano Rachel $1,680,000 Chicago Title
Jennings Douglas L $1,720,000 None Available
Partain Nathan $515,000 --
Mcdaniel Edgar L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marano Rachel $1,344,000
Previous Owner Jennings Douglas L $1,204,000
Previous Owner Mcdaniel Edgar L $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2021 02/23/21 Sold $1,680,000 -11.6% $160 / Sq Ft
01/03/2021 01/03/21 Pending -- -- --
12/03/2020 12/03/20 Price Changed $1,899,999 -5.0% $181 / Sq Ft
11/12/2019 11/12/19 Price Changed $1,999,000 -4.8% $191 / Sq Ft
07/26/2019 07/26/19 For Sale $2,100,000 +22.1% $201 / Sq Ft
01/31/2013 01/31/13 Sold $1,720,000 -18.1% $172 / Sq Ft View Prior Sale
11/30/2012 11/30/12 Pending -- -- --
06/07/2012 06/07/12 For Sale $2,100,000 -- $210 / 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 $48,057 $630,960 $183,917 $447,043
2023 $44,303 $581,959 $169,634 $412,325
2022 $44,303 $559,944 $163,047 $396,897
2021 $43,627 $559,944 $159,537 $400,407
2020 $50,036 $654,628 $156,855 $497,773
2019 $48,787 $648,404 $155,364 $493,040
2018 $48,090 $671,123 $161,764 $509,359
2017 $48,222 $649,935 $156,657 $493,278
2016 $55,215 $727,493 $148,532 $578,961
2015 $54,842 $749,363 $138,828 $610,535
2014 $46,704 $568,345 $129,166 $439,179
2012 $53,205 $682,896 $126,514 $556,382
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10464380

Midwest Real Estate Data (MRED)

APN: 11-16-309-001