$730,000
SOLD APR 3, 2023

515 Valley Rd Lake Forest, IL 60045

3 Beds
3.5 Baths
2,942 Sq Ft
0.38 Acres

Recently Sold

$248 Per Sq Ft

6% Below List Price

30 Days on Market

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

$16,912

Year Built

1981

Lot Details

0

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
  • 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
  • Assessed Sq Ft: 5184
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • 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
  • List Price: 749000
  • 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
  • Middle/Junior School District: 67

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%
Total Days on Market
30
Views
128
Current Estimated Value
$1,072,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,761
Avg. Annual Appreciation
17.96%
Original Mortgage
$620,500
Interest Rate
7.13%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in the area

  • 28584 Ashford Ct, Lake Bluff, IL 60044

    $899,900

    • 4 Beds
    • 4 Baths
    • 3,276 Sq Ft
    • 28584 Ashford Ct
    • Lake Bluff, IL

    Welcome to 28584 Ashford Ct - a beautifully appointed residence tucked away on a private cul-de-sac in sought-after Glenmore Woods. This 4-bedroom, 2 full and 2 half-bath home has been thoughtfully upgraded, and superbly functional blending timeless elegance with modern comfort in one of the North Shore's most sought-after communities. Step through the grand marble foyer, now enhanced with

    Marla Schneider Coldwell Banker Realty

    Section Image
  • 45 E Mallard Ln, Lake Forest, IL 60045

    $879,000

    • 3 Beds
    • 2.5 Baths
    • 2,902 Sq Ft
    • 45 E Mallard Ln
    • Lake Forest, IL

    Handsome and stately, this 3-bedroom, 2.5-bath brick ranch offers a rare opportunity for true one-level living in the desirable Ponds subdivision. Set on a professionally landscaped half-acre lot on a quiet cul-de-sac, the home backs to protected HOA open space, providing exceptional privacy and natural views. The gracious floor plan includes a formal entry, large living room with fireplace,

    Alissa McNicholas Compass

    Section Image
  • 25 Barnswallow Ln, Lake Forest, IL 60045

    $849,000

    • 3 Beds
    • 2 Baths
    • 2,102 Sq Ft
    • 25 Barnswallow Ln
    • Lake Forest, IL

    Welcome to this solid brick 3-bedroom, 2-bath ranch nestled on a beautifully landscaped, fenced lot in the desirable community of The Ponds. Designed for comfort and convenience, this light-filled home features an open floor plan with elegant tray ceilings and numerous recent updates: 2025 - New roof, gutters, shutters, and windows. The bright white kitchen is both functional and inviting,

    Donna Mercier Coldwell Banker Realty

    Section Image
  • 104 E Louis Ave, Lake Forest, IL 60045

    $715,000

    • 3 Beds
    • 2.5 Baths
    • 1,848 Sq Ft
    • 104 E Louis Ave
    • Lake Forest, IL

    Welcome to 104 E. Louis Avenue, a beautifully maintained 3-bedroom, 2.5-bath colonial in the heart of Lake Forest. Nestled on a lot surrounded by mature oak trees, this home offers classic charm with thoughtful updates throughout. Inside, you'll find a freshly painted interior and hardwood floors that flow seamlessly through the entire home. The spacious eat-in kitchen features double ovens,

    Shannon Sweetnam Coldwell Banker Realty

    Section Image
  • 263 Linden Ave, Lake Forest, IL 60045

    $875,000

    • 4 Beds
    • 2.5 Baths
    • 2,848 Sq Ft
    • 263 Linden Ave
    • Lake Forest, IL

    This charming home is set on a large, corner lot and enjoys gracious entertaining spaces. You will be greeted by a lovely foyer with pretty staircase and formal living and dining rooms. The cozy family room features wood floors, a wood burning fireplace, and opens to a private wood deck. The sunny kitchen was updated in 2010 and enjoys white cabinets, blue quartz counters, and a large

    Suzanne Myers Coldwell Banker Realty

    Section Image
  • 1140 Highland Ave, Lake Forest, IL 60045

    $875,000

    • 3 Beds
    • 3 Baths
    • 2,488 Sq Ft
    • 1140 Highland Ave
    • Lake Forest, IL

    Welcome to 1140 Highland Avenue! An exceptional contemporary ranch offering the perfect blend of comfort, style, and convenience in highly sought-after Lake Forest. Set on a beautifully landscaped 1/3-acre lot, this light-filled home boasts 2,488 square feet of thoughtfully designed living space, with vaulted ceilings, skylights, and gleaming hardwood floors that enhance its open, airy feel. Step

    Scott Rose Baird & Warner

    Section Image
  • 641 Highview Terrace, Lake Forest, IL 60045

    $795,000

    • 3 Beds
    • 2 Baths
    • 1,701 Sq Ft
    • 641 Highview Terrace
    • Lake Forest, IL

    This impeccably renovated 1930s English country home is truly move-in ready with new windows in 2021, a new roof in 2020, new air conditioning in 2022, newer boiler heating, newer solid wood garage doors, and a newer hot water heater. This home perfectly combines old-world charm with modern conveniences. The flexible floor plan offers a first-floor bedroom and full bathroom and the upstairs

    Andrew Mrowiec Compass

    Section Image
  • 1171 Beverly Place, Lake Forest, IL 60045

    $865,000

    • 4 Beds
    • 4 Baths
    • 3,041 Sq Ft
    • 1171 Beverly Place
    • Lake Forest, IL

    Welcome to this beautifully updated colonial home, ideally situated in the Whispering Oaks neighborhood. The spacious living room offers beautiful views of the front yard, complemented by a cozy fireplace and gleaming hardwood floors, creating a warm and inviting atmosphere. This living space flows seamlessly into the Dining Room, which provides flexibility for entertaining. The kitchen is open

    Andra O'Neill @properties Christie's International Real Estate

    Section Image
  • 602 Old Elm Rd, Highland Park, IL 60035

    $585,900

    • 3 Beds
    • 3 Baths
    • 602 Old Elm Rd
    • Highland Park, IL

    Nestled in the heart of a serene neighborhood in Highland Park on phenomenal property, this 3 bedroom, 3 bathroom ranch offers the perfect blend of comfort and convenience. Step inside to discover an inviting open floor plan with spacious room sizes. Features include a primary bedroom with a private ensuite bathroom and a large basement with a flexible floor plan. Sensational south facing

    Margie Brooks Baird & Warner

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $730,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $625,700 New Conventional
Closed $620,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11707015

Midwest Real Estate Data (MRED)

APN: 16-04-301-049