NOT LISTED FOR SALE

520 Cherokee Rd Lake Forest, IL 60045

Estimated Value: $1,049,000 - $1,401,000

4 Beds
4 Baths
3,030 Sq Ft
$417/Sq Ft Est. Value

Last Sold August 09, 2022

Last sale price $1,175,000 $388 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,495/month

Highlights

  • Home Theater
  • Colonial Architecture
  • Deck
  • Cherokee Elementary School Rated A
  • Landscaped Professionally
  • Property is near a park

About This Home

As of August 2022

Fully renovated colonial in the heart of Whispering Oaks just short walk to Cherokee elementary and playground! Beautifully appointed throughout, it features well proportioned light filled rooms, architectural moldings, gorgeous Restoration Hardware light fixtures and gleaming hardwood floors. Welcoming foyer opens to a gracious sun drenched living room and formal dining room with a beautiful chandelier and plantation shutters. Just completed chef's kitchen features custom cabinetry with contrasting stone counters and new high-end appliances. A separate breakfast room has a built-in banquette and overlooks a lovely stone patio and garden. The adjacent family room boasts custom moldings and built-ins, a gorgeous fireplace and a double glass door giving access to one of the homes two patios and yard. A lovely powder room, large mudroom with a new washer and dryer complete the first floor. Upstairs find spacious primary suite with two walk-in closets and a beautiful en-suite bathroom with separate vanities and a large walk-in glassed shower. Three additional generously sized bedrooms, all with walk-in closets and hardwood floors, and a stunning hallway bath. The finished lower level offers over 1000 SF of additional living and entertaining space and its beautifully finished with a movie theatre, large recreational room with custom built-ins, and large exercise room (optional bedroom/ home office), infrared sauna and a bath, plus ample storage. Other highlights include a professionally landscaped 0.5+ acre yard with mature trees and perennial gardens, privacy fence, oversized 2-car garage with epoxied floor and a large (12x13) storage shed. Fantastic location in a great neighborhood with easy access to downtown LF, Metra and major highways, parks and beach. Move-in and enjoy!

Last Agent to Sell the Property

Elizabeth Wieneke

Compass License #475127499 Listed on: 08/05/2022

Compass

Last Buyer's Agent

Suzanne Myers

Coldwell Banker Realty License #475134171

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,275

Year Built

  • Built in 1965 | Remodeled in 2018

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 190x119x200x121
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Colonial Architecture
  • Shake Roof

Interior Spaces

  • 3,030 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Gas Log Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Recreation Room
  • Home Gym
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • <<builtInOvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck
  • Patio
  • Shed

Location

  • Property is near a park

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

  • Whispering Oaks Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,275

Year Built

Built in 1965 | Remodeled in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Whispering Oaks
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Built-In Oven, Range Hood
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Built-in Features, Walk-In Closet(s)
  • LivingArea: 3030
  • Other Equipment: CO Detectors
  • Room Type: Exercise Room, Foyer, Recreation Room, Theatre Room
  • Estimated Total Finished Sq Ft: 3030
  • Assessed Sq Ft: 3030
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3030
  • Basement Sq Ft: 1470
  • Fireplace Location: Family Room
  • Total Sq Ft: 4500
  • Upper Level Sq Ft: 3030
  • Door Features: French Doors

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • List Price: 1175000
  • Lot Features: Fenced Yard, Landscaped, Park Adjacent
  • OtherStructures: Shed(s)
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(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
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Paved
  • 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

  • Lot Size Acres: 0.5514
  • Lot Dimensions: 190X119X200X121
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 14274.8
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Aug 9, 2022
Sold by
Pennington and Kate
Bought by
Coletto Anthony Nicholas and Coletto Nicola
Seller's Agent
Elizabeth Wieneke
Compass
Buyer's Agent
Suzanne Myers
Coldwell Banker Realty
List Price
$1,175,000
Sold Price
$1,175,000
Current Estimated Value
$1,262,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,019
Avg. Annual Appreciation
1.90%
Original Mortgage
$940,000
Outstanding Balance
$898,397
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$343,852

Purchase Details

Listed on
Aug 17, 2015
Closed on
Nov 16, 2015
Sold by
Chuchel Paul B and Chuchel Sheila A
Bought by
Pennington Glen
Seller's Agent
Stephanie Klein
@properties
Buyer's Agent
Richard Brandel
Exclusive Buyer Brokers LLC
List Price
$799,000
Sold Price
$760,000
Premium/Discount to List
-$39,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Original Mortgage
$608,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Coletto Anthony Nicholas $1,175,000 Chicago Title
Pennington Glen $760,000 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coletto Anthony Nicholas $940,000
Previous Owner Pennington Glen M $139,000
Previous Owner Pennington Glen $608,000
Previous Owner Chuchel Paul B $400,000
Previous Owner Chuchel Paul B $417,000
Previous Owner Chuchel Paul B $350,000
Previous Owner Chuchel Paul B $200,000
Previous Owner Chuchel Paul B $400,000
Previous Owner Chuchel Paul B $400,000
Previous Owner Chuchel Paul B $298,000
Previous Owner Chuchel Paul B $300,000
Previous Owner Chuchel Paul B $382,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2022 08/09/22 Sold $1,175,000 0.0% $388 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $1,175,000 +54.6% $388 / Sq Ft
11/16/2015 11/16/15 Sold $760,000 -4.9% $251 / Sq Ft
08/28/2015 08/28/15 Pending -- -- --
08/17/2015 08/17/15 For Sale $799,000 -- $264 / 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 $18,058 $345,873 $125,848 $220,025
2023 $15,530 $296,367 $107,835 $188,532
2022 $15,530 $264,410 $113,547 $150,863
2021 $14,677 $254,927 $109,475 $145,452
2020 $14,298 $255,463 $109,705 $145,758
2019 $13,821 $255,030 $109,519 $145,511
2018 $14,094 $275,696 $116,080 $159,616
2017 $13,954 $274,817 $115,710 $159,107
2016 $13,524 $264,426 $111,335 $153,091
2015 $13,312 $248,451 $104,609 $143,842
2014 $13,450 $253,945 $105,357 $148,588
2012 $12,992 $251,705 $104,428 $147,277
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11484524

Midwest Real Estate Data (MRED)

APN: 16-04-406-036