NOT LISTED FOR SALE

497 Douglas Dr Lake Forest, IL 60045

Estimated Value: $1,168,000 - $1,449,000

5 Beds
6.5 Baths
5,962 Sq Ft
$222/Sq Ft Est. Value

Last Sold September 03, 2024

Last sale price $1,150,000 $193 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,604/month

8 Days on Market

Highlights

  • 0.94 Acre Lot
  • Landscaped Professionally
  • Fireplace in Primary Bedroom
  • Cherokee Elementary School Rated A
  • Mature Trees
  • Deck

About This Home

As of September 2024

Don't miss this incredible opportunity to complete a beautiful home in Villa Turicum utilizing fabulous construction drawings by Melichar Architects! This lovely Georgian home is located on 0.94 acres east of Sheridan Road, just blocks from Lake Michigan and features an impressive two-story foyer with a lovely staircase, a wonderful floor plan, 4 wood-burning fireplaces, a 3-car garage, and a private, fenced backyard. Additional features include spacious rooms, a proposed kitchen that overlooks the backyard, a huge first floor guest suite/optional first floor primary suite, and 4 bedrooms on the second floor with hardwood floors that includes a sizable Primary Suite with fireplace ready to customize to fit your needs. Most interior millwork, finishes, flooring and cabinetry have been removed. The kitchen and most baths have been demoed. The previous owners built a 3-story addition from 1999-2001. It includes a first-floor suite with a bedroom, two full bathrooms (one with a jetted tub and the other with a shower), a huge walk-in closet, wet bar, sitting room, and 2nd floor office or playroom. The bright sitting room has vaulted ceilings, skylights, windows, and a glass sliding door that opens to the patio and backyard. On the 2nd floor of this newer area, a huge storage space connects with bedroom 4 on the original 2nd floor. The lower level was expanded during this renovation to include an English basement (north and east windows are above grade), a large recreation room with a walk-in closet, and a full bathroom with jetted tub. All double-hung windows were replaced in 2018 by the previous owner with Renewal by Anderson windows. This is a perfect opportunity to finish designing your dream home in a wonderful neighborhood working with a top architect. One also has the ability to select their own finishes or use the finishes pre-selected by the architect. Choose your own contractor to complete this incredible home. The interior of the home has been partially demoed. Kitchen and half of the bathrooms have been demoed. The home is being sold "As Is."

Last Agent to Sell the Property

Ann Lyon

@properties Christie's International Real Estate License #475126499 Listed on: 07/19/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Brooke Bohnker

Jameson Sotheby's Intl Realty License #475154051

Jameson Sotheby's Intl Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,249

Year Built

  • Built in 1969

Lot Details

  • 0.94 Acre Lot
  • Lot Dimensions are 162 x 306 x 101 x 312
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Mature Trees
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,962 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Replacement Windows
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Library with Fireplace
  • Recreation Room
  • Bonus Room
  • Game Room
  • Workshop
  • Heated Sun or Florida Room
  • Storage Room
  • Wood Flooring
  • Dormer Attic
  • Carbon Monoxide Detectors
  • Breakfast Bar

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry on main level
  • Laundry Chute
  • Gas Dryer Hookup

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • 9 Foot Basement Ceiling Height
  • Basement Ceilings are 8 Feet High
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Crawl Space
  • Basement Storage

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

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

Utilities

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

Community Details

  • Villa Turicum Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,249

Year Built

Built in 1969

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Georgian
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Villa Turicum
  • Year Built: 1969
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, English
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 4
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Some Wood Floors, Separate Dining Room, Pantry, Replacement Windows, Workshop Area (Interior)
  • LivingArea: 5962
  • Other Equipment: Humidifier, TV-Cable, CO Detectors
  • Room Type: Bonus Room, Bedroom 5, Eating Area, Game Room, Library, Recreation Room, Storage, Heated Sun Room, Workshop
  • Estimated Total Finished Sq Ft: 8149
  • Basement Description: Finished,Crawl,8 ft + pour,9 ft + pour,Rec/Family Area,Storage Space
  • Bathroom Amenities: Whirlpool,Separate Shower,Full Body Spray Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 8149
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Den/Library
  • Total Sq Ft: 8149
  • Upper Level Sq Ft: 2649
  • Attic: Dormer
  • Main Level Sq Ft: 3313
  • Lower Level Sq Ft: 2187
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 1050000
  • Lot Features: Fenced Yard, Landscaped, Wooded, Mature Trees
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Laundry Chute, Laundry Closet
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • 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: 0.94
  • Lot Dimensions: 162 X 306 X 101 X 312
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 29249
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Aug 30, 2024
Sold by
Nikolaos Pipilas Living Trust and Pipilas Nikolaos
Bought by
Ryan W And Ana Gabriela Lozano Griffeth Trust and Griffeth
Seller's Agent
Ann Lyon
@properties Christie's International Real Estate
Buyer's Agent
Brooke Bohnker
Jameson Sotheby's Intl Realty
List Price
$1,050,000
Sold Price
$1,150,000
Premium/Discount to List
$100,000
9.52%
Views
98
Current Estimated Value
$1,325,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,564
Avg. Annual Appreciation
15.27%
Original Mortgage
$1,250,000
Interest Rate
6.49%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 25, 2023
Closed on
May 15, 2023
Sold by
Catherine King Tucker Family Trust
Bought by
Nikolaos Pipilas Living Trust
Seller's Agent
Mona Hellinga
@properties Christie's International Real Estate
Buyer's Agent
Mona Hellinga
@properties Christie's International Real Estate
List Price
$1,395,000
Sold Price
$1,200,000
Premium/Discount to List
-$195,000
-13.98%
Views
138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.22%

Purchase Details

Closed on
Jul 15, 2022
Sold by
Catherine King Tucker 1991 Trust
Bought by
Catherine King Tucker Family Trust
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
Ryan W And Ana Gabriela Lozano Griffeth Trust $1,150,000 Citywide Title
Nikolaos Pipilas Living Trust $1,200,000 None Listed On Document
Catherine King Tucker Family Trust -- Buckley Fine Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ana Ryan W $766,550
Closed Ana Ryan W $508,500
Closed Ryan W And Ana Gabriela Lozano Griffeth Trust $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $1,150,000 +9.5% $193 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/20/2024 07/20/24 For Sale $1,050,000 -12.5% $176 / Sq Ft
05/16/2023 05/16/23 Sold $1,200,000 -14.0% $201 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $1,395,000 -- $234 / 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 $29,249 $538,123 $144,160 $393,963
2023 $26,437 $482,586 $129,944 $352,642
2022 $26,437 $450,333 $142,752 $307,581
2021 $25,062 $435,314 $137,991 $297,323
2020 $24,365 $435,314 $137,991 $297,323
2019 $23,485 $433,277 $137,345 $295,932
2018 $24,882 $486,748 $152,355 $334,393
2017 $24,602 $483,941 $151,476 $332,465
2016 $23,591 $460,721 $144,208 $316,513
2015 $23,006 $428,060 $133,985 $294,075
2014 $24,539 $454,263 $144,837 $309,426
2012 $26,300 $456,913 $145,682 $311,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12115650

Midwest Real Estate Data (MRED)

APN: 16-03-302-005