NOT LISTED FOR SALE

461 Saddle Run Lake Forest, IL 60045

Estimated Value: $2,131,000 - $2,294,000

6 Beds
6 Baths
6,495 Sq Ft
$343/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $1,200,000 $185 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $14,530/month

431 Days on Market

Highlights

  • Home Theater
  • Landscaped Professionally
  • Wooded Lot
  • Cherokee Elementary School Rated A
  • Contemporary Architecture
  • Vaulted Ceiling

About This Home

As of July 2019

NEW PRICE!! One of a kind 6500 SF contemporary residence w/ exquisite architectural details. Builder's own home unlike anything else! Dramatic interior w/ stone floors, lighted cove moldings, soaring ceilings w/ walls of windows & vista views of private 1.74 acre grounds. Sleek designer kitchen w/ built-in granite table & high end ss appl. incl Subzero frig, 3 Thermador ovens & 6 burner Viking stove. Kitchen opens to media rm, dining rm & exquisite step down 2-story great room w/ FP. Serene Master suite incl. 1st floor library w/ pocket doors & private staircase that leads to Master loft w/ spa bath, open shower & custom walk-in closet. Adjacent rm. could be used as 1st floor Master if desired. 5 BRs up & 2nd flr laundry. "Warehouse finished" LL incl rec. rm w/ FP & game rm & storage galore. 5 car garage ideal for the car enthusiast. Spacious outdoor patio, fire pit and walking trails provide a beautiful private retreat to relax & enjoy the natural setting. Must see to appreciate.

Last Agent to Sell the Property

Lisa Trace

@properties Christie's International Real Estate License #475127633 Listed on: 01/13/2018

@properties Christie's International Real Estate

Last Buyer's Agent

Daria Andrews

@properties Christie's International Real Estate License #475105041

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,096

Year Built

  • 1993

Lot Details

  • East or West Exposure
  • Dog Run
  • Fenced Yard
  • Landscaped Professionally
  • Corner Lot
  • Wooded Lot

Parking

  • Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Circular Driveway
  • Brick Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Stucco Exterior Insulation and Finish Systems
  • Wood Shingle Roof

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Attached Fireplace Door
  • Great Room
  • Home Theater
  • Home Office
  • Gallery
  • Storm Screens
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bidet
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom

Outdoor Features

  • Balcony
  • Patio
  • Fire Pit
  • Breezeway

Location

  • Property is near a bus stop

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

$32,096

Year Built

1993

Lot Details

0

Parking

5

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Age: 26-30 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.2
  • Style Of House: Contemporary
  • Type Detached: 2 Stories
  • Estimated Year Built: 1993
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), 1st Floor Bedroom, 1st Floor Laundry, 2nd Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 11
  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Freezer, Disposal, Compactor-Trash, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator
  • Equipment: Humidifier, Central Vacuum, TV-Cable, Security System, CO Detectors, Sump Pump, Sprinkler-Lawn, Air Cleaner, Backup Sump Pump;
  • Fireplace Details: Wood Burning, Attached Fireplace Doors/Screen, Gas Starter
  • Attic: Pull Down Stair, Unfinished
  • Fireplace Location: Basement
  • Basement: Full
  • Basement: Partially Finished, Bathroom Rough-In
  • Bedrooms All Levels: 6
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink, Bidet
  • Above Grade Bedrooms: 6
  • Laundry: Dimensions: 9X8, On Level: 2nd Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 17X21, On Level: Main Level, Flooring: Stone
  • Kitchen Type: Dimensions: 28X25, On Level: Main Level, Flooring: Stone
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Closet
  • Additional Rooms: 5th Bedroom, 6th Bedroom, Gallery, Great Room, Media Room, Office
  • Master Bedroom: Dimensions: 20X32, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 24X14, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 17X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Office, Dimensions: 20X15, On Level: Main Level, Flooring: Stone
  • Bedroom 3: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Great Rm, Dimensions: 28X22, On Level: Main Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 16X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Media Rm, Dimensions: 16X11, On Level: Main Level, Flooring: Carpet
  • Additional Room 6 Name: Gallery, Dimensions: 20X5, On Level: Main Level
  • Estimated Sq Ft: 6495
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: EIFS (e.g. Dryvit).
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Balcony, Patio, Dog Run, Storms/Screens, Fire Pit, Breezeway
  • Exposure: E (East), W (West)
  • Acreage: 1.74

Garage/Parking

  • Number of Cars: 5
  • Parking: Garage
  • Garage Type: Attached, Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s), 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 5
  • Driveway: Asphalt, Brick, Concrete, Circular
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 400 Amp Service or Greater
  • Air Conditioner: Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air, Indv Controls, Zoned

Schools

  • School District: 115
  • Elementary School: Cherokee Elementary School
  • Middle School: Deer Path Middle School
  • High School: Lake Forest High School
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 230X132X100X115-331-207
  • Lot Description: Corner, Fenced Yard, Landscaped Professionally, Wooded
  • Parcel Identification Number: 16053040010000

Tax Info

  • Taxes: 30288.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2018
Closed on
Jul 29, 2019
Sold by
Rice Stephen C and Rice Pamela S
Bought by
Terkildsen Michael W and Terkildsen Mary Faith
Seller's Agent
Lisa Trace
@properties Christie's International Real Estate
Buyer's Agent
Daria Andrews
@properties Christie's International Real Estate
List Price
$1,499,000
Sold Price
$1,200,000
Premium/Discount to List
-$299,000
-19.95%
Current Estimated Value
$2,224,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,024,975
Avg. Annual Appreciation
10.48%
Original Mortgage
$960,000
Outstanding Balance
$850,804
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,357,737

Purchase Details

Closed on
Apr 30, 1995
Sold by
Rice Stephen C and Rice Pamela S
Bought by
Rice Stephen C and Rice Pamela S
Source: Public Records

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
Terkildsen Michael W $1,200,000 First American Title
Rice Stephen C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terkildsen Mary Faith $490,000
Open Terkildsen Michael W $960,000
Previous Owner Rice Stephen C $830,333
Previous Owner Rice Stephen C $825,000
Previous Owner Rice Stephen C $233,000
Previous Owner Rice Stephen C $750,000
Previous Owner Rice Stephen C $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $1,200,000 -14.2% $185 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
03/22/2018 03/22/18 Price Changed $1,399,000 -6.7% $215 / Sq Ft
01/13/2018 01/13/18 For Sale $1,499,000 -- $231 / 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 $32,096 $541,949 $192,242 $349,707
2023 $24,594 $520,104 $184,493 $335,611
2022 $24,594 $414,671 $194,313 $220,358
2021 $22,587 $399,799 $187,344 $212,455
2020 $22,652 $400,640 $187,738 $212,902
2019 $21,621 $399,960 $187,419 $212,541
2018 $27,648 $609,361 $198,650 $410,711
2017 $31,237 $607,417 $198,016 $409,401
2016 $30,289 $584,448 $190,528 $393,920
2015 $29,822 $549,138 $179,017 $370,121
2014 $29,517 $550,076 $180,297 $369,779
2012 $28,497 $545,224 $178,707 $366,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09832604

Midwest Real Estate Data (MRED)

APN: 16-05-304-001