NOT LISTED FOR SALE

515 Valley Rd Lake Forest, IL 60045

Estimated Value: $890,000 - $1,176,000

3 Beds
3.5 Baths
2,942 Sq Ft
$350/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $730,000 $248 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,838/month

30 Days on Market

Highlights

  • Landscaped Professionally
  • Mature Trees
  • Vaulted Ceiling
  • Cherokee Elementary School Rated A
  • Recreation Room
  • Traditional Architecture

About This Home

As of April 2023

Well designed, light and bright home in the desirable Ponds with sidewalks and streetlamps. The Ponds offers beautiful nature walking paths around the three Ponds, to tennis courts and playground. Centrally located with easy access to Market Square, Forest Park Beach, three train stations, the highway to Chicago, O'Hare Airport and several shopping areas. Award winning schools! A family room/office space has a beamed, cathedral ceiling with track lighting just off the entryway. The spacious living room with wood burning fireplace and the dining room have large, floor to near ceiling windows facing east and the treed backyard. The kitchen has Kashmir white granite countertops, a gas range on the island, and an eat-in area that accommodates a table for six. The Bosch oven is less than three years old. The other oven is a combination convection/microwave. The kitchen also has abundant cupboard space and large, floor to near ceiling corner windows facing southeast. The laundry/mud room is exceptionally large with cupboards above and below, plus hanging racks. It also has a Kashmir white granite countertop, porcelain sink, backsplash, and doors to both the outside and oversized two-car garage. The home has hardwood floors throughout (except the laundry room and basement). Upstairs are three very large bedrooms, each with an ample walk-in closet. The primary bedroom has four southeast facing corner windows with new white blinds using push button operation. The primary bathroom is spacious with French doors, a double sink with a tub and shower, and an opportunity for updating. The other two bedrooms each have a panel of three windows, and the hall bathroom has a double sink with a tub/shower. The hallway linen closet is wide and deep. Two bedrooms and the hallway have ceiling fans, as does the kitchen. The basement is finished with a separate bedroom, including a long closet, and a bathroom with a shower. There is plenty of space for recreation and a sitting area. The family and living room as well as the basement are wired for stereo sound. Enjoy living in the Ponds of Lake Forest! The property is "Sold As Is"!

Last Agent to Sell the Property

Brunhild Baass

Berkshire Hathaway HomeServices Chicago License #475122441 Listed on: 01/30/2023

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Kristin Gonnella

Coldwell Banker Realty License #471000846

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,503

Year Built

  • Built in 1981

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 126.57x31.49x31.43x46.00
  • Landscaped Professionally
  • Corner Lot
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Mature Trees

HOA Fees

  • $73 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,942 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Sitting Room
  • Formal Dining Room
  • Recreation Room
  • Wood Flooring
  • Unfinished Attic

Kitchen

  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer Hookup

Finished Basement

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

Outdoor Features

  • Patio

Schools

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

Utilities

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

Community Details

  • The Ponds Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,503

Year Built

Built in 1981

Lot Details

0.38 Acres

HOA Fees

$73 per month

Parking

2

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
  • Subdivision Name: The Ponds
  • Year Built: 1981
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • AttributionContact: (847) 804-0092
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Dishwasher, Gas Cooktop, Electric Oven
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry, Walk-In Closet(s), Granite Counters, Separate Dining Room
  • LivingArea: 2942
  • Room Type: Recreation Room, Sitting Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Door Features: Sliding Glass Door(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot, Irregular Lot, Landscaped, Mature Trees, Sidewalks, Streetlights
  • OtherStructures: None
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Brick,Other

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Electric Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 875
  • Association Fee Frequency: Annually
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

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

Lot Info

  • Lot Size Acres: 0.38
  • Lot Dimensions: 126.57X31.49X31.43X46.00
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 13503.28
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Mar 27, 2023
Sold by
Peet Gary R and Peet Susan B
Bought by
Lubus Mark J and Lubus Vianni Teresa
Seller's Agent
Brunhild Baass
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Kristin Gonnella
Coldwell Banker Realty
List Price
$779,000
Sold Price
$730,000
Premium/Discount to List
-$49,000
-6.29%
Views
128
Current Estimated Value
$1,029,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,466
Avg. Annual Appreciation
12.36%
Original Mortgage
$620,500
Outstanding Balance
$604,862
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$424,604
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
Lubus Mark J $730,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lubus Mark J $620,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2023 04/03/23 Sold $730,000 -2.5% $248 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/25/2023 02/25/23 Price Changed $749,000 -3.9% $255 / Sq Ft
01/30/2023 01/30/23 For Sale $779,000 -- $265 / 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 $16,912 $304,116 $98,263 $205,853
2023 $14,286 $277,960 $89,811 $188,149
2022 $14,286 $243,578 $96,698 $146,880
2021 $13,503 $234,842 $93,230 $141,612
2020 $13,152 $235,336 $93,426 $141,910
2019 $15,356 $282,654 $93,267 $189,387
2018 $12,957 $253,783 $98,855 $154,928
2017 $12,828 $252,974 $98,540 $154,434
2016 $13,904 $271,580 $94,814 $176,766
2015 $13,681 $255,173 $89,086 $166,087
2014 $12,876 $243,362 $89,722 $153,640
2012 $12,438 $241,216 $88,931 $152,285
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11707015

Midwest Real Estate Data (MRED)

APN: 16-04-301-049

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