NOT LISTED FOR SALE

505 Exeter Place Lake Forest, IL 60045

Estimated Value: $722,000 - $886,000

3 Beds
4 Baths
1,934 Sq Ft
$418/Sq Ft Est. Value

Last Sold July 18, 2018

Last sale price $541,000 $280 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,296/month

Highlights

  • Recreation Room
  • Wood Flooring
  • Whirlpool Bathtub
  • Deer Path Middle School East Rated A
  • Main Floor Bedroom
  • Walk-In Pantry

About This Home

As of October 2020

Rarely available, a picture perfect brick ranch on a half-acre lot in the coveted Meadowood subdivision. This well-designed home on a tree-lined street checks all the boxes: Light filled kitchen with breakfast room, fireplace (two-sided) and planning desk. The spacious living room has a gas fireplace, French doors, walls of windows looking out to a paved patio and beautiful gardens. Adjacent the large dining room and step down to the family room with walls of windows overlooking the picturesque yard. The home features a main floor master suite and additioanl 2 bedrooms wich share the hallbath. There is a partially finished full basement with powder room, fireplace and ample storage. High end Anderson windows, gorgeous hardwood floors and plaster walls. Walk-up stairs from the garage leading to the large floored attic with plenty of storage space, roof was installed July/August 2020. This home is ideally located steps from Melody Nature Preserve with easy access to Market Square, # 41, 294 and schools. A wonderful home with great flow!

Last Agent to Rent the Property

Brunhild Baass

Berkshire Hathaway HomeServices Chicago License #475122441 Listed on: 09/10/2020

Berkshire Hathaway HomeServices Chicago

Last Renter's Agent

Tracy Wurster

Compass License #475132103

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,873

Year Built

  • 1956

Lot Details

  • 0.54

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • See Through Fireplace
  • Entrance Foyer
  • Combination Dining and Living Room
  • Recreation Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,873

Year Built

1956

Lot Details

0

Parking

2

Rental Info

  • Available: 09/15/2020
  • Lease Terms: 1 Year Lease

Listing Details

  • Property Type: Residential Rental
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 2
  • Total Full or Half Bathrooms: 2.2
  • Type Detached: 1 Story
  • Estimated Year Built: 1956
  • Type Of Rental Property: Detached
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Details: See through/Multi Sided
  • Fireplace Location: Living Room, Basement
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 13X11
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 13X9
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 12X11
  • Third Bedroom Flooring: Hardwood
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Living Room Level: Main Level
  • Living Room Size: 18X16
  • Living Room Flooring: Hardwood
  • Dining Room: Combined w/ LivRm
  • Dining Room Level: Main Level
  • Dining Room Size: 13X11
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 18X12
  • Family Room Flooring: Terracotta
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Kitchen Level: Main Level
  • Kitchen Size: 9X10
  • Kitchen Flooring: Hardwood
  • Additional Rooms: Recreation Room, Foyer
  • Additional Room 1 Name: Recreation Rm
  • Additional Room 1 Level: Basement
  • Additional Room 1 Size: 29X16
  • Additional Room 1 Flooring: Vinyl
  • Additional Room 2 Name: Foyer
  • Additional Room 2 Level: Main Level
  • Additional Room 2 Size: 11X4
  • Additional Room 2 Flooring: Hardwood
  • Estimated Sq Ft: 1934

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Storm
  • Heating Fuel: Gas, Electric, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 30
  • Pets Allowed: Yes
  • Pet Information: Deposit Required, Dogs OK, Pet Count Limitation, Pet Weight Limitation

Schools

  • School District: 115
  • Elementary School: Everett Elementary School
  • High School: Lake Forest High School
  • Junior High Dist: 67
  • Elementary School #2: Deer Path Middle School

Lot Info

  • Lot Dimensions: 192X115X104X132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2018
Closed on
Jul 18, 2018
Sold by
Lareau Stacey K and Kazarian Gregory N
Bought by
Doveala Linda S and Restated Trust Agreement Of Li
Seller's Agent
Mike Berg
Berg Properties
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$599,000
Sold Price
$541,000
Premium/Discount to List
-$58,000
-9.68%
Current Estimated Value
$808,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,289
Avg. Annual Appreciation
5.14%

Purchase Details

Closed on
Oct 7, 2013
Sold by
Kazarian Stacey L and Lareau Stacey K
Bought by
Lareau Stacey K and Kazarian Gregory N
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
Doveala Linda S $541,000 Chicago Title
Lareau Stacey K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lareau Stacey K $75,000
Previous Owner Lareau Stacey $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Rented $3,300 0.0% --
09/10/2020 09/10/20 For Rent $3,300 0.0% --
07/18/2018 07/18/18 Sold $541,000 -1.6% $280 / Sq Ft
06/17/2018 06/17/18 Pending -- -- --
06/16/2018 06/16/18 Price Changed $550,000 -5.0% $284 / Sq Ft
04/23/2018 04/23/18 Price Changed $579,000 -3.3% $299 / Sq Ft
02/23/2018 02/23/18 For Sale $599,000 -- $310 / 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 $11,873 $204,534 $118,536 $85,998
2023 $10,960 $188,545 $109,270 $79,275
2022 $10,960 $181,384 $105,120 $76,264
2021 $10,656 $179,819 $104,213 $75,606
2020 $10,417 $180,813 $104,789 $76,024
2019 $9,575 $177,493 $102,865 $74,628
2018 $9,140 $178,267 $125,969 $52,298
2017 $8,842 $175,287 $123,863 $51,424
2016 $8,471 $166,844 $117,897 $48,947
2015 $8,347 $157,103 $111,014 $46,089
2014 $6,546 $123,905 $99,668 $24,237
2012 $6,429 $124,980 $100,533 $24,447
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10853301

Midwest Real Estate Data (MRED)

APN: 12-31-212-001