NOT LISTED FOR SALE

481 Wilshire Rd Lake Forest, IL 60045

Estimated Value: $918,053 - $1,502,000

5 Beds
6 Baths
3,536 Sq Ft
$308/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $1,400,000 $396 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $6,794/month

4 Days on Market

Highlights

  • In Ground Pool
  • Landscaped Professionally
  • Recreation Room
  • Cherokee Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Traditional Architecture

About This Home

As of April 2022

This classic 1912 Colonial Revival home, designed by Chicago architect William Arthur Warren, has been renovated to perfection and is situated on a private cul-de-sac. Beautifully appointed with high-end finishes thru-out including hardwood floors, original walnut hand rail, Brazilian Rain Forest marble fireplace surrounds/hearths, numerous new Marvin windows and light fixtures. Gracious living room with built-ins and fireplace and nice sized dining room also with fireplace makes for picture perfect gatherings. The warm and inviting kitchen features honed stone countertops, top of the line appliances, including an impressive Garland gas stove, and center island with seating. The family room/breakfast room is highlighted by walls of windows looking out at the expansive, private yard. Just off the lovely second floor landing is the primary bedroom suite with fireplace, 2 walk-in closets and private bath. Two additional bedrooms can be found on this level, each with stunning new baths including the luxury of heated floors. The third level boasts two more bedrooms (currently used as home offices) and another full bath. The lower level is the perfect hangout with 2nd family room option, nice sized laundry room, 1/2 bath and exterior access making it easy to use the basement bath while enjoying the beautiful in-ground pool and hot tub. The fully fenced yard is perfect for entertaining with charming back porch, and large stone patio area adjacent to the pool. Over-sized 3 car garage has stairs leading to a huge, floored unfinished space above the garage with potential for an office, hobby space or fun pool house. This truly is an elegant home on a one of a kind property that needs to be seen to be fully appreciated!

Last Agent to Sell the Property

Jean Anderson

Jameson Sotheby's International Realty License #475124065 Listed on: 02/15/2022

Jameson Sotheby's International Realty

Co-Listed By

Donna Mancuso

Jameson Sotheby's International Realty License #475138758

Last Buyer's Agent

Ali Lerner

@properties Christie's International Real Estate License #475171604

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,320

Year Built

  • Built in 1912

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 134 x 200
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped Professionally

Parking

  • 3 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,536 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Heatilator
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Recreation Room
  • Wood Flooring
  • Unfinished Attic
  • Home Security System

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Sump Pump
  • Finished Basement Bathroom

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Patio
  • Porch

Schools

  • Cherokee Elementary School
  • Deer Path Middle School
  • Lake Forest High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,320

Year Built

Built in 1912

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1912
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Rebuilt Year: 1987
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Log, Heatilator
  • Fireplaces: 3
  • Interior Amenities: Hardwood Floors, Built-in Features, Walk-In Closet(s)
  • LivingArea: 3536
  • Other Equipment: Humidifier, Security System, Ceiling Fan(s), Sump Pump
  • Room Type: Bedroom 5, Recreation Room, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Master Bedroom,Other
  • Total Sq Ft: 0
  • Attic: Unfinished

Exterior Features

  • ExteriorFeatures: Patio, Porch, Hot Tub, In Ground Pool
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 1459000
  • Lot Features: Cul-De-Sac, Fenced Yard, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air, Zoned
  • Laundry Features: Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.61
  • Lot Dimensions: 134 X 200
  • Lot Size: .50-.99 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 14320
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Mar 23, 2022
Sold by
Bach Family Living Trust
Bought by
Hunter Christopher and Aloi Giovanni
Seller's Agent
Jean Anderson
Jameson Sotheby's International Realty
Buyer's Agent
Ali Lerner
@properties Christie's International Real Estate
List Price
$1,459,000
Sold Price
$1,400,000
Premium/Discount to List
-$59,000
-4.04%
Current Estimated Value
$1,070,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$329,323
Avg. Annual Appreciation
-7.23%

Purchase Details

Closed on
May 22, 2017
Sold by
Calcutt Philip M
Bought by
Bach Bruce A and Bach Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2011
Sold by
Calcutt Philip M and Calcutt Frances D
Bought by
Calcutt Philip M and Philip M Calcutt Revocable Trust

Purchase Details

Closed on
Nov 12, 2010
Sold by
Calcutt Phillip M
Bought by
Calcutt Philip M and Calcutt Frances D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2009
Sold by
Calcutt Philip M and Calcutt Frances D
Bought by
Calcutt Philip M and Philip M Calcutt Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 24, 2009
Sold by
Calcutt Philip M
Bought by
Calcutt Philip M and Calcutt Frances D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 2006
Sold by
Calcutt Philip M and Calcutt Frances D
Bought by
Calcutt Philip M and Calcutt Frances D

Purchase Details

Closed on
Nov 15, 2001
Sold by
Boghosian Robert and Gates Warren Mary Elizabeth
Bought by
Calcutt Philip M and Calcutt Frances D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.37%

Purchase Details

Closed on
Dec 27, 1995
Sold by
Skae Richard A and Skae Elizabeth A
Bought by
Boghosian Robert and Gates Warren Mary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.87%

Purchase Details

Closed on
Oct 28, 1994
Sold by
Northern Trust Bk Lake Forest Natl Assn
Bought by
Skae Richard A and Skae 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
$516,000
Interest Rate
6.75%
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
Hunter Christopher $1,400,000 Wifler Law Group Pc
Bach Bruce A $930,000 None Available
Calcutt Philip M -- None Available
Calcutt Philip M -- None Available
Calcutt Philip M -- None Available
Calcutt Philip M -- None Available
Calcutt Philip M -- None Available
Calcutt Philip M $980,000 --
Boghosian Robert $675,000 --
Skae Richard A -- Chicago Title Insurance Co
Skae Richard A $645,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bach Bruce A $730,000
Previous Owner Calcutt Philip M $526,513
Previous Owner Calcutt Philip M $283,000
Previous Owner Calcutt Philip M $315,000
Previous Owner Calcutt Philip M $480,000
Previous Owner Calcutt Philip M $150,000
Previous Owner Calcutt Philip M $585,000
Previous Owner Boghosian Robert $460,000
Previous Owner Skae Richard A $516,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2022 04/04/22 Sold $1,400,000 -4.0% $396 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $1,459,000 -- $413 / 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 $11,520 $206,209 $92,268 $113,941
2023 $10,893 $192,133 $85,970 $106,163
2022 $10,893 $192,453 $80,985 $111,468
2021 $10,281 $185,550 $78,080 $107,470
2020 $10,015 $185,940 $78,244 $107,696
2019 $9,689 $185,624 $78,111 $107,513
2018 $10,907 $212,925 $82,791 $130,134
2017 $10,698 $212,246 $82,527 $129,719
2016 $10,365 $204,220 $79,406 $124,814
2015 $10,206 $191,882 $74,609 $117,273
2014 $8,795 $168,145 $75,143 $93,002
2012 $8,500 $166,662 $74,480 $92,182
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11258488

Midwest Real Estate Data (MRED)

APN: 16-08-105-001