NOT LISTED FOR SALE

489 E Illinois Rd Lake Forest, IL 60045

Estimated Value: $1,526,000 - $1,771,000

6 Beds
5 Baths
3,630 Sq Ft
$462/Sq Ft Est. Value

Last Sold May 19, 2016

Last sale price $1,050,000 $289 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $10,895/month

77 Days on Market

Highlights

  • Heated Floors
  • Landscaped Professionally
  • English Architecture
  • Sheridan Elementary School Rated A
  • Wooded Lot
  • Sitting Room

About This Home

As of May 2016

Welcome to this English country home, with abundant charm throughout the three floors. A true walk to everything location, in a few short blocks in either direction are; South Park, LFCDS or St Mary's the CBD and the train station, with easy access to the bike path as well. The generous rooms still maintain a warmth and intimacy seldom found in new construction. Air conditioning to be installed on the second & third floors within 90 days.

Last Agent to Sell the Property

Marina Carney

Compass License #475123100 Listed on: 10/12/2015

Compass

Co-Listed By

Andrew Mrowiec

Compass License #471004617

Last Buyer's Agent

Katherine Hudson

Compass License #475133571

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,574

Year Built

  • 1928

Lot Details

  • Landscaped Professionally
  • Wooded Lot

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Circular Driveway
  • Garage Is Owned

Home Design

  • English Architecture
  • Block Foundation
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • Wood Burning Fireplace
  • Sitting Room
  • Breakfast Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Butlers Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Zoned Cooling
  • SpacePak Central Air
  • Radiator
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,574

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
  • 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: English
  • Type Detached: 3 Stories
  • Estimated Year Built: 1928
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Interior Property Features: Hardwood Floors, Heated Floors
  • Number Of Rooms: 12
  • Living Room: Dimensions: 26X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Security System
  • Fireplace Details: Wood Burning
  • Attic: Finished, Interior Stair
  • Fireplace Location: Family Room, Living Room
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 6
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 6
  • Dining Room: Dimensions: 17X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Island, Pantry-Butler
  • Additional Rooms: 5th Bedroom, 6th Bedroom, Breakfast Room, Enclosed Porch, Sitting Room
  • Master Bedroom: Dimensions: 24X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 14X12, On Level: 3rd Level, Flooring: Carpet
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 16X11, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Breakfast Rm, Dimensions: 13X8, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: Enclosed Porch, Dimensions: 16X12, On Level: Main Level, Flooring: Other
  • Bedroom 4: Dimensions: 12X10, On Level: 3rd Level, Flooring: Hardwood
  • Additional Room 5 Name: Sitting, Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 3630
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X16, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Block
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Stucco
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.64

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Circular
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Space Pac, Zoned
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Radiators

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: 102X272X101X283
  • Lot Description: Landscaped Professionally, Wooded
  • Parcel Identification Number: 12334010130000

Tax Info

  • Taxes: 20544.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2015
Closed on
May 18, 2016
Sold by
Duncan James W and Duncan Bevan A
Bought by
Moorhead James and Moorhead Mary Gould
Seller's Agent
Marina Carney
Compass
Buyer's Agent
Katherine Hudson
Compass
List Price
$1,199,000
Sold Price
$1,050,000
Premium/Discount to List
-$149,000
-12.43%
Current Estimated Value
$1,677,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$627,831
Avg. Annual Appreciation
5.12%
Original Mortgage
$787,500
Outstanding Balance
$625,471
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$1,052,360

Purchase Details

Closed on
Aug 18, 1997
Sold by
Kaufman John J and Kauffman Christine C
Bought by
Duncan James W and Duncan Bevan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,250
Interest Rate
5.87%
Mortgage Type
Assumption

Purchase Details

Closed on
Feb 24, 1996
Sold by
Mcgowan Joseph L and Mcgowan Catherine S
Bought by
Kauffman John J and Kauffman Christine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7%

Purchase Details

Closed on
Dec 15, 1994
Sold by
Sloan Robert L and Sloan Julie B
Bought by
Mcgowan Joseph L and Mcgowan Catherine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
9.24%
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
Moorhead James $1,050,000 Ct
Duncan James W $570,000 First American Title
Kauffman John J $755,000 First American Title
Mcgowan Joseph L $627,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moorhead James $787,500
Previous Owner Duncan James W $641,250
Previous Owner Kauffman John J $600,000
Previous Owner Mcgowan Joseph L $555,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2016 05/19/16 Sold $1,050,000 -8.7% $289 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
11/13/2015 11/13/15 Price Changed $1,150,000 -4.1% $317 / Sq Ft
10/12/2015 10/12/15 For Sale $1,199,000 -- $330 / 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 $23,574 $435,771 $207,706 $228,065
2023 $21,232 $382,577 $182,351 $200,226
2022 $21,232 $357,632 $170,461 $187,171
2021 $20,640 $354,548 $168,991 $185,557
2020 $20,179 $356,509 $169,926 $186,583
2019 $19,171 $349,965 $166,807 $183,158
2018 $18,241 $355,915 $222,582 $133,333
2017 $17,933 $349,965 $218,861 $131,104
2016 $17,818 $406,184 $208,320 $197,864
2015 $20,519 $382,471 $196,158 $186,313
2014 $20,320 $377,057 $191,170 $185,887
2012 $19,986 $380,327 $192,828 $187,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09062088

Midwest Real Estate Data (MRED)

APN: 12-33-401-013