NOT LISTED FOR SALE

518 Forest Hill Rd Unit 3 Lake Forest, IL 60045

Estimated Value: $901,000 - $991,000

3 Beds
2 Baths
2,474 Sq Ft
$377/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $660,000 $267 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,050/month

140 Days on Market

Highlights

  • Updated Kitchen
  • Recreation Room
  • Wood Flooring
  • Cherokee Elementary School Rated A
  • Ranch Style House
  • Granite Countertops

About This Home

As of April 2021

Great NEW PRICE for this beautifully maintained classic brick ranch on lovely wooded 1/2 acre lot. A gracious foyer welcomes you to this charming 3 bedroom/2 bath home. Living & dining rooms feature hardwood floors, built-in cabinetry & bay windows w/plantation shutters & wonderful backyard views. The newer, gourmet kitchen has high-end appliances, granite counters & a banquette seating area. Hardwood floors, 3 fireplaces, a screened porch & full basement including a rec room w/3rd fireplace, adjacent play room & tremendous storage are just some of the special features of this lovely home. Recent capital improvements include a new roof (2019), exterior painted (2020) & a new sump & battery back up (2020). Truly a delightful house in wonderful condition.

Last Agent to Sell the Property

Katherine Hudson

Compass License #475133571 Listed on: 10/19/2020

Compass

Last Buyer's Agent

Michelle Parnell

Berkshire Hathaway HomeServices Chicago License #475182183

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,058

Year Built

  • 1960

Lot Details

  • 0.48

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Recreation Room
  • Play Room
  • Screened Porch
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,058

Year Built

1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 2474
  • Unfinished Basement Sq Ft: 1474
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1960
  • Total Sq Ft: 4948
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath, Separate Dining Room
  • Number Of Rooms: 9
  • Living Room: Dimensions: 23X15, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Range Hood
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room, Living Room, Basement
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 16X6, On Level: Basement
  • Dining Room: Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Kitchen Type: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Granite Counters, Updated Kitchen
  • Additional Rooms: Recreation Room, Foyer, Screened Porch, Play Room
  • Master Bedroom: Dimensions: 19X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Recreation Rm, Dimensions: 21X15, On Level: Basement
  • Additional Room 2 Name: Foyer, Dimensions: 13X8, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Screened Porch, Dimensions: 22X12, On Level: Main Level
  • Bedroom 3: Dimensions: 15X15, On Level: Main Level, Flooring: Carpet
  • Additional Room 4 Name: Playroom, Dimensions: 13X14, On Level: Basement
  • Estimated Sq Ft: 2474
  • Estimated Total Finished Sq Ft: 3474
  • Basement Sq Ft: 2474
  • Basement Finished Sq Ft: 1000
  • Main Level Sq Ft: 2474
  • Dining Room Type: Separate
  • Family Room: Dimensions: 22X13, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Frame
  • Acreage: 0.482

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 5548

Schools

  • School District: 115
  • Elementary School: Cherokee Elementary School
  • Middle School: Deer Path Middle School
  • High School: Lake Forest High School
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 105 X 210
  • Parcel Identification Number: 16044050120000

Tax Info

  • Taxes: 11832.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Apr 12, 2021
Sold by
Richard E Whalley Insurance Trust and Whalley Scott T
Bought by
Meissner Christopher and Meissner Helen F
Seller's Agent
Katherine Hudson
Compass
Buyer's Agent
Michelle Parnell
Berkshire Hathaway HomeServices Chicago
List Price
$729,000
Sold Price
$660,000
Premium/Discount to List
-$69,000
-9.47%
Current Estimated Value
$932,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,383
Avg. Annual Appreciation
8.00%
Original Mortgage
$430,000
Outstanding Balance
$353,459
Interest Rate
2.63%
Mortgage Type
New Conventional
Estimated Equity
$578,924

Purchase Details

Closed on
Nov 1, 2013
Sold by
Vanhoogstraat Kent Van and Vanhoogstraat Van Hoogstraat
Bought by
Whalley Richard E and Richard E Whalley Insurance Trust

Purchase Details

Closed on
Feb 28, 2003
Sold by
Vanhoogstraat Kent and Vanhoogstraat Patricia J
Bought by
Vanhoogstraat Kent and Vanhoogstraat Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
4.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 7, 2000
Sold by
Vanhoogstraat Kent and Vanhoogstraat Patricia
Bought by
Vanhoogstraat Kent and Vanhoogstraat Patricia J

Purchase Details

Closed on
Oct 9, 1998
Sold by
Sapienza James K and Sapienza Diane G
Bought by
Vanhoogstraat Kent and Vanhoogstraat Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.75%
Source: Public Records

Range of Values:

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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
Meissner Christopher $660,000 Chicago Title
Whalley Richard E $685,000 Attorneys Title Guaranty Fun
Vanhoogstraat Kent -- Chicago Title Insurance Comp
Vanhoogstraat Kent -- --
Vanhoogstraat Kent $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meissner Christopher $430,000
Previous Owner Vanhoogstraat Kent $397,000
Previous Owner Vanhoogstraat Kent $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2021 04/12/21 Sold $660,000 -5.6% $267 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
01/19/2021 01/19/21 Price Changed $699,000 -4.1% $283 / Sq Ft
10/19/2020 10/19/20 For Sale $729,000 -- $295 / 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 $13,058 $225,569 $100,202 $125,367
2023 $13,298 $216,477 $96,163 $120,314
2022 $13,298 $227,272 $99,353 $127,919
2021 $12,569 $219,121 $95,790 $123,331
2020 $12,241 $219,583 $95,992 $123,591
2019 $11,833 $219,210 $95,829 $123,381
2018 $11,027 $214,900 $101,572 $113,328
2017 $10,810 $214,215 $101,248 $112,967
2016 $10,474 $206,114 $97,419 $108,695
2015 $10,304 $193,661 $91,533 $102,128
2014 $10,190 $193,856 $92,188 $101,668
2012 $9,846 $192,146 $91,375 $100,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10910834

Midwest Real Estate Data (MRED)

APN: 16-04-405-012