NOT LISTED FOR SALE

50 E Laurel Ave Lake Forest, IL 60045

Estimated Value: $2,178,000 - $2,369,000

4 Beds
6 Baths
3,745 Sq Ft
$610/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $1,993,750 $532 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $14,840/month

272 Days on Market

Highlights

  • Landscaped Professionally
  • Family Room with Fireplace
  • Wooded Lot
  • Sheridan Elementary School Rated A
  • Recreation Room
  • Vaulted Ceiling

About This Home

As of July 2023

Surrounded by professional landscaping and mature trees, rests a home of impeccable taste and timeless quality that is located only blocks from downtown Lake Forest. Built in 2006 by Greystone Builders, the residence has been thoughtfully improved and pristinely maintained through the years by its only owner. Among its charms: a private and serene backyard appointed with a bluestone backyard patio and built-in BBQ, a beautifully finished "English Basement" and an effortlessly flowing floorplan that prioritizes family living and ease of entertaining indoors to out. As you come into the home, there is great presence created by soaring 10' ceilings, custom millwork, classic moldings, hardwood floors and an expansive view extending throughout the main level. A graciously sized dining room and formal living room with fireplace both are appointed with French doors opening onto the bluestone front porch for a wonderful al fresco experience. A private library/home office flanked by built-ins also offers connection to nature with views to the backyard. The inviting and spacious family room overlooks the backyard and opens to the classically styled kitchen with soaring ceilings, center island, a Viking double oven and range, Thermador warming drawer and Sub-Zero fridge. A convenient and spacious butler's pantry links the kitchen to the dining room - perfect for entertaining. The kitchen and breakfast room offers access to the new bluestone patio, providing a captivating outdoor setting from which to entertain friends or family amidst lush greenery and meandering flagstone paths. A mudroom, two half baths (formal and informal) and a heated 3-car attached garage complete the main level. On the second floor, you will find four bedrooms, a second-floor laundry room and abundant linen storage. Two bedrooms share a jack-and-jill bath and the other bedroom has its own private ensuite bath. Adorned with a tray ceiling and traditional detailing, the primary bedroom suite is a picture of tranquility with a sitting room (or second office) and a resort-like bath with steam shower and therapeutic jet tub, dual vanities, a large walk-in closet and extra storage space. In the finished lower level, natural light floods into the entire secondary entertaining space via large finished window wells, bathing the rec room, game space and wet bar in warmth. The exercise room could also be a potential fifth bedroom with an adjacent full bath. Don't miss this truly special offering so close to everything that downtown Lake Forest has to offer!

Last Agent to Sell the Property

Dawn McKenna

Coldwell Banker Realty License #475122904 Listed on: 09/09/2022

Coldwell Banker Realty

Last Buyer's Agent

Patricia Carter

Coldwell Banker Realty License #475126508

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,253

Year Built

  • Built in 2006

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 110x185
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Wooded Lot

Parking

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

Home Design

  • Traditional Architecture
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,745 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bookcases
  • Bar Fridge
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Mud Room
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Sitting Room
  • Breakfast Room
  • Formal Dining Room
  • Library
  • Recreation Room
  • Game Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • English Basement
  • Sump Pump
  • Fireplace in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Patio
  • Outdoor Grill

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,253

Year Built

Built in 2006

Lot Details

0.44 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2006
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal
  • Basement: English
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, Second Floor Laundry, Built-in Features, Walk-In Closet(s), Bookcases, Ceiling - 10 Foot
  • LivingArea: 3745
  • Other Equipment: Humidifier, Security System, Sump Pump, Sprinkler-Lawn
  • Room Type: Bedroom 5, Breakfast Room, Game Room, Library, Mud Room, Recreation Room, Sitting Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Steam Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room,Basement
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Outdoor Grill
  • Foundation Details: Concrete Perimeter
  • Lot Features: Landscaped, Wooded
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Shakes,Stone

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Zoned
  • Laundry Features: Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Sheridan Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Deer Path Middle School

Lot Info

  • Lot Size Acres: 0.442
  • Lot Dimensions: 110X185
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 31252.86
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Jul 7, 2023
Sold by
Mhp Holdings Llc
Bought by
John Sonnier Revocable Trust and Sonnier
Seller's Agent
Dawn McKenna
Coldwell Banker Realty
Buyer's Agent
Patricia Carter
Coldwell Banker Realty
List Price
$2,695,000
Sold Price
$1,993,750
Premium/Discount to List
-$701,250
-26.02%
Views
362
Current Estimated Value
$2,285,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,766
Avg. Annual Appreciation
5.17%
Original Mortgage
$1,495,312
Outstanding Balance
$1,458,570
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$826,946

Purchase Details

Closed on
May 4, 2006
Sold by
Laurel Avenue Partners
Bought by
Mhp Holdings Llc

Purchase Details

Closed on
Mar 3, 2004
Sold by
Coates C Robert
Bought by
Laurel Avenue Partners

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2003
Sold by
Ford Richard E and Ford Helen B
Bought by
Coates C Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2002
Sold by
Ford Richard E and Ford Helen B
Bought by
Ford Richard E
Source: Public Records
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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
John Sonnier Revocable Trust $1,994,000 Chicago Title
Mhp Holdings Llc $2,497,000 First American Title
Laurel Avenue Partners $600,000 First American Title
Coates C Robert $550,000 Burnet Title Llc
Ford Richard E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open John Sonnier Revocable Trust $1,495,312
Previous Owner Laurel Avenue Partners $480,000
Previous Owner Coates C Robert $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2023 07/07/23 Sold $1,993,750 -9.3% $532 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
06/06/2023 06/06/23 Price Changed $2,199,000 -12.0% $587 / Sq Ft
01/03/2023 01/03/23 Price Changed $2,500,000 -7.2% $668 / Sq Ft
09/09/2022 09/09/22 For Sale $2,695,000 -- $720 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $33,812 $594,467 $150,815 $443,652
2023 $32,144 $537,252 $136,300 $400,952
2022 $32,144 $532,354 $135,057 $397,297
2021 $31,253 $527,762 $133,892 $393,870
2020 $30,552 $530,680 $134,632 $396,048
2019 $31,452 $564,444 $136,892 $427,552
2018 $25,974 $489,974 $183,743 $306,231
2017 $25,119 $481,784 $180,672 $301,112
2016 $24,106 $490,892 $171,970 $318,922
2015 $23,852 $462,233 $161,930 $300,303
2014 $26,112 $470,502 $145,380 $325,122
2012 $25,575 $474,583 $146,641 $327,942
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11626213

Midwest Real Estate Data (MRED)

APN: 12-28-301-009

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