NOT LISTED FOR SALE

50 Washington Rd Lake Forest, IL 60045

Estimated Value: $388,000 - $412,000

3 Beds
1 Bath
875 Sq Ft
$454/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $250,000 $286 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,529/month

54 Days on Market

Highlights

  • 1-Story Property
  • Sheridan Elementary School Rated A
  • 5-minute walk to South Park

About This Home

As of November 2021

Shields-Lake Forest. Newer roof, upgraded electrical panel 100A, upgraded furnace, forced air, in great neighborhood, close to lake, Metra. Build, remodel or rehab potential or kip as investment. Rents in Lake Forest starts $1300-$3000/mth for 1-3 bedrooms. Existing home is leased by tenant occupied do not disturb the tenants. No trespassing the property. Cash or rehab money only, "As-Is". Call listing broker for more information's.

Last Agent to Sell the Property

Andy Olszowka

Troy Realty Ltd License #475160900 Listed on: 06/17/2021

Last Buyer's Agent

Maria Karis

Coldwell Banker Realty License #475127931

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,964

Year Built

  • 1910

Lot Details

  • 3,485

Home Design

  • Cedar

Interior Spaces

  • 875 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Space is Owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,964

Year Built

1910

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Sheridan Rd. to E Illinois Rd. West to Washington Left, RHS.
  • Lot Size: 72.5X107.95X117
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1910

Interior Features

  • Has Basement: Partial
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Basement Sq Ft: 875
  • Total Sq Ft: 875
  • Unfinished Basement Sq Ft: 875
  • Full Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: No additional rooms

Exterior Features

  • Roof: Asphalt
  • Exterior Building Type: Cedar
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Total Parking Spaces: 2

Utilities

  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 67

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 3804.66
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Oct 25, 2021
Sold by
North Karen G and Karen G North Trust
Bought by
Kendall Mark A
Seller's Agent
Andy Olszowka
Troy Realty Ltd
Buyer's Agent
Maria Karis
Coldwell Banker Realty
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Current Estimated Value
$397,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,432
Avg. Annual Appreciation
12.52%
Original Mortgage
$237,500
Outstanding Balance
$217,809
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$179,623

Purchase Details

Closed on
Feb 26, 1999
Sold by
North Robert E and North Karen G
Bought by
North Karen G and Karen G North Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kendall Mark A $250,000 Chicago Title
North Karen G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kendall Mark A $237,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2021 11/01/21 Sold $250,000 -9.1% $286 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $275,000 -- $314 / 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 $4,964 $85,557 $43,907 $41,650
2023 $4,213 $78,869 $40,475 $38,394
2022 $4,213 $69,777 $35,809 $33,968
2021 $4,096 $69,175 $35,500 $33,675
2020 $4,004 $69,557 $35,696 $33,861
2019 $3,805 $68,280 $35,041 $33,239
2018 $3,583 $68,725 $46,328 $22,397
2017 $3,523 $67,577 $45,554 $22,023
2016 $3,381 $64,322 $43,360 $20,962
2015 $3,346 $60,567 $40,829 $19,738
2014 $3,132 $56,437 $36,656 $19,781
2012 $3,068 $56,927 $36,974 $19,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11125688

Midwest Real Estate Data (MRED)

APN: 12-33-411-021