NOT LISTED FOR SALE

485 Oakwood Ave Unit E3 Lake Forest, IL 60045

Estimated Value: $544,063 - $624,000

2 Beds
2 Baths
1,200 Sq Ft
$548/mo HOA Fee

Last Sold December 04, 2018

Last sale price $385,000 $321 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,355/month

95 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Pantry
  • Breakfast Bar
  • Sheridan Elementary School Rated A
  • Attached Garage
  • Entrance Foyer

About This Home

As of December 2018

Pied a Terre in the sought after 485 Oakwood Building located in the heart of downtown Lake Forest! This top floor gem is available for the first time in 20 years. Welcoming foyer with coat closet and full bath lead you down a hall to the living and dining room. High ceiling height, plantation shutters and built-in bookcases. Enjoy this two bedroom or bedroom/ den unit with two full bathrooms. Stack washer/dryer, white kitchen, meticulously maintained. One car heated garage parking place with storage locker. Easy access to market square, train and the famous Deerpath Inn just moments away.

Last Agent to Sell the Property

Lori Baker

Compass License #475134193 Listed on: 07/09/2018

Compass

Co-Listed By

Alissa McNicholas

Compass License #475134192

Last Buyer's Agent

Marie Colette

Compass License #475123093

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,908

Year Built

  • 1987

Lot Details

  • 1,786

HOA Fees

  • $548 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Slate Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Entrance Foyer
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,908

Year Built

1987

Lot Details

0

HOA Fees

$548 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Train
  • Unit Floor Level: 3
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1987
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1987

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Parquet, Windows: Plantation Shutters
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Equipment: TV-Cable
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 18X7, On Level: Main Level, Flooring: Parquet, Windows: Plantation Shutters
  • Kitchen Type: Dimensions: 16X10, On Level: Main Level, Windows: Plantation Shutters
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Closet
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 14X12, On Level: Main Level, Flooring: Parquet, Windows: Plantation Shutters
  • Additional Room 1 Name: Foyer, Dimensions: 3X14, On Level: Main Level, Flooring: Parquet
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level, Flooring: Parquet, Windows: Plantation Shutters
  • Estimated Sq Ft: 1200
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Slate

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 25
  • Pets Allowed: Yes
  • Fee Frequency: Quarterly
  • Management: Manager Off-site
  • Pet Information: Pet Count Limitation, Pet Weight Limitation
  • Common Area Amenities: Elevator, Storage
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessed Sq Ft: 1177
  • Assessment Association Fees: 1644
  • Management Phone: 999-999-9999

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: COMMON GROUNDS
  • Lot Description: Common Grounds
  • Parcel Identification Number: 12331230360000

Multi Family

  • Total Number Unitsin Building: 11
  • Number Stories: 3

Tax Info

  • Taxes: 6874.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2024
Sold by
Slater William R
Bought by
William R Slater Declaration Of Trust and Slater
Current Estimated Value
$580,516

Purchase Details

Listed on
Jul 9, 2018
Closed on
Dec 4, 2018
Sold by
Hillard Robert
Bought by
Slater William R
Seller's Agent
Lori Baker
Compass
Buyer's Agent
Marie Colette
Compass
List Price
$429,000
Sold Price
$385,000
Premium/Discount to List
-$44,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
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
William R Slater Declaration Of Trust -- None Listed On Document
Slater William R $385,000 First American Title Insuran
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2018 12/04/18 Sold $385,000 -3.5% $321 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
09/09/2018 09/09/18 Price Changed $399,000 -7.0% $333 / Sq Ft
07/09/2018 07/09/18 For Sale $429,000 -- $358 / 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 $8,908 $162,223 $15,554 $146,669
2023 $7,556 $149,542 $14,338 $135,204
2022 $7,556 $131,131 $12,573 $118,558
2021 $7,343 $130,000 $12,465 $117,535
2020 $7,180 $130,719 $12,534 $118,185
2019 $6,820 $128,320 $12,304 $116,016
2018 $7,076 $144,272 $13,478 $130,794
2017 $6,874 $141,861 $13,253 $128,608
2016 $6,520 $135,029 $12,615 $122,414
2015 $6,416 $127,146 $11,879 $115,267
2014 $7,018 $137,358 $10,566 $126,792
2012 $6,956 $138,550 $10,658 $127,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10011376

Midwest Real Estate Data (MRED)

APN: 12-33-123-036