NOT LISTED FOR SALE

500 Douglas Dr Lake Forest, IL 60045

Estimated Value: $1,809,000 - $2,084,000

5 Beds
5 Baths
4,327 Sq Ft
$446/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $1,475,000 $341 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $12,365/month

21 Days on Market

Highlights

  • In Ground Pool
  • 0.99 Acre Lot
  • Mature Trees
  • Cherokee Elementary School Rated A
  • Landscaped Professionally
  • Family Room with Fireplace

About This Home

As of August 2021

It's finally here.....a true 5 bedroom/3.2 bath home on a fantastic acre in the heart of the Villa Turicum neighborhood. A large, gracious foyer welcomes you to this thoughtfully designed & stylishly decorated home w/9' ceilings, hardwood floors, generous room sizes w/great views of the yard, 2 fireplaces, 2 half baths & a 3 car garage. The white kitchen has a center island & large eating area, opening to a family room w/coffered ceiling & fireplace as well as access to the terrace. The first floor also features a private office w/builts-ins adjacent to the spacious living room, a large dining room & a mudroom & separate laundry rm off the garage. The second floor boasts 5 bedrooms & 3 baths, including a lovely primary suite w/luxurious bath & walk-in closet. Situated on a one acre lot w/a terrific terrace w/sitting wall & gas fire pit, an in ground pool plus loads of open grassy space. This house checks all the right boxes.

Last Agent to Sell the Property

Katherine Hudson

Compass License #475133571 Listed on: 05/18/2021

Compass

Last Buyer's Agent

Houda Chedid

Compass License #471005938

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,634

Year Built

  • Built in 1969

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 168 x 292 x 116 x 311
  • Landscaped Professionally
  • Mature Trees
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,327 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Double Oven
  • Cooktop
  • High End Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • In Ground Pool
  • Brick Porch or Patio
  • Fire Pit

Schools

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

Utilities

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

Community Details

  • Villa Turicum Subdivision, Custom Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,634

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
  • 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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Cooktop
  • Basement: Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, 1st Floor Laundry, Separate Dining Room
  • LivingArea: 4327
  • Other Equipment: Security System, Sump Pump
  • Room Type: Bedroom 5, Office, Recreation Room, Mud Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0

Exterior Features

  • DirectionFaces: East
  • ExteriorFeatures: Patio, Brick Paver Patio, Pool In-Ground, Fire Pit
  • Foundation Details: Concrete Perimeter
  • List Price: 1499000
  • Lot Features: Landscaped, Wooded, Mature Trees
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • 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: 0.9861
  • Lot Dimensions: 168 X 292 X 116 X 311
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 21634.18
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Aug 13, 2021
Sold by
Bires Christian M and Bires Mary W
Bought by
Picek Michael J and Picek Rasmey
Seller's Agent
Katherine Hudson
Compass
Buyer's Agent
Houda Chedid
Compass
List Price
$1,599,000
Sold Price
$1,475,000
Premium/Discount to List
-$124,000
-7.75%
Current Estimated Value
$1,931,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,158
Avg. Annual Appreciation
6.74%
Original Mortgage
$1,180,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2012
Closed on
Jul 7, 2012
Sold by
Nowlin Eric and Nowlin Jacquelyn
Bought by
Bires Christian M and Bires Mary W
Seller's Agent
Lori Baker
Compass
Buyer's Agent
Katherine Hudson
Compass
Sold Price
$1,362,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.89%
Original Mortgage
$96,000
Interest Rate
3.59%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 17, 2010
Sold by
Fisher Thomas C and Fisher Amy Beth
Bought by
Nowlin Eric and Nowlin Jacquelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2006
Sold by
Cendant Mobility Financial Corp
Bought by
Fisher Thomas C and Fisher Amy Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2006
Sold by
Chai Nelson J and Chai Jungwon J
Bought by
Cendant Mobility Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 1997
Sold by
Mclaughlin George R and Mclaughlin Carolyn
Bought by
Chai Nelson J and Chai Jungwon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.87%

Purchase Details

Closed on
Aug 25, 1995
Sold by
Mclaughlin George R and Mclaughlin Carolyn
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
$500,000
Interest Rate
5.75%
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
Picek Michael J $1,475,000 Chicago Title
Bires Christian M $1,362,500 None Available
Nowlin Eric $1,325,000 None Available
Fisher Thomas C $1,650,000 Burnet Title Llc
Cendant Mobility Financial Corp $1,650,000 Burnet Title Llc
Chai Nelson J $626,666 Premier Title Company
Duncan James W $763,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Picek Michael J $1,180,000
Previous Owner Bires Christian M $1,000,000
Previous Owner Nowlin Eric $800,000
Previous Owner Fisher Thomas C $825,000
Previous Owner Cendant Mobility Financial Corp $825,000
Previous Owner Chai Nelson J $400,000
Previous Owner Duncan James W $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $1,475,000 -3.9% $341 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
05/24/2021 05/24/21 Price Changed $1,535,000 -4.0% $355 / Sq Ft
05/17/2021 05/17/21 For Sale $1,599,000 +17.4% $370 / Sq Ft
08/23/2012 08/23/12 Sold $1,362,500 -- $327 / 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 $25,510 $460,337 $149,603 $310,734
2023 $23,466 $414,942 $134,850 $280,092
2022 $23,466 $395,957 $148,139 $247,818
2021 $22,253 $382,752 $143,199 $239,553
2020 $21,634 $382,752 $143,199 $239,553
2019 $20,851 $380,961 $142,529 $238,432
2018 $21,367 $414,871 $157,559 $257,312
2017 $21,108 $412,478 $156,650 $255,828
2016 $20,250 $392,687 $149,134 $243,553
2015 $19,762 $364,849 $138,562 $226,287
2014 $20,913 $383,765 $148,705 $235,060
2012 $22,287 $386,037 $149,573 $236,464
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11091854

Midwest Real Estate Data (MRED)

APN: 16-03-301-016