NOT LISTED FOR SALE

525 Rosemary Rd Lake Forest, IL 60045

Estimated Value: $1,376,000 - $2,037,000

5 Beds
3.5 Baths
3,424 Sq Ft
$466/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $1,020,000 $298 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $10,242/month

36 Days on Market

Highlights

  • Colonial Architecture
  • Landscaped Professionally
  • Deck
  • Sheridan Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Recreation Room

About This Home

As of February 2022

This gracious center entry colonial is located in the heart of East Lake Forest, between town and beach. This home features high ceilings, generous room sizes, four fireplaces, and a first floor fifth bedroom or office with full bath adjacent. You will find many recent improvements including refinished hardwood floors, fresh paint, new lighting, and new built-ins, wainscoting, and moldings. The second level also enjoys wood floors, and the master bedroom suite features a large, cherry, walk-in closet. The deep basement with updated bath provides a great additional recreation space with home theater and pool table space. This home also features first floor laundry and an attached garage. Located down a private drive, this home has a landscaped and fenced-in rear yard with newer deck. Additional updates include a newer air conditioner, humidifier, electrical work, security system, and exterior paint.

Last Agent to Sell the Property

Suzanne Myers

Coldwell Banker Realty License #475134171 Listed on: 10/11/2021

Coldwell Banker Realty

Last Buyer's Agent

Ann Lyon

@properties Christie's International Real Estate License #475126499

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,669

Year Built

  • Built in 1976

Lot Details

  • 0.41 Acre Lot
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Irregular Lot

Parking

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

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,424 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Wood Flooring
  • Unfinished Attic

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Separate Shower

Laundry

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

Finished Basement

  • Partial Basement
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Schools

  • Sheridan 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,669

Year Built

Built in 1976

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
  • Year Built: 1976
  • Age: 41-50 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): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 4
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry
  • LivingArea: 3424
  • Other Equipment: Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Room Type: Bedroom 5, Breakfast Room, Recreation Room, Walk In Closet
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 3424
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Other
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Flooring: Hardwood
  • Fourth Bedroom Flooring: Hardwood
  • Family Room Flooring: Hardwood
  • Kitchen Flooring: Other
  • Kitchen Type: Eating Area-Breakfast Bar,Pantry-Butler
  • Laundry Flooring: Other
  • Living Room Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Master Bedroom Flooring: Hardwood
  • Dining Room Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 1079000
  • Lot Features: Irregular Lot, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

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
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Sheridan Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Deer Path Middle School
  • Middle/Junior School District: 67

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.408
  • Lot Dimensions: 17774
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 19669.06
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Feb 28, 2022
Sold by
Gilcrest William A and Gilcrest Lisa
Bought by
Costello Daniel S and Costello Eleanor R
Seller's Agent
Suzanne Myers
Coldwell Banker Realty
Buyer's Agent
Ann Lyon
@properties Christie's International Real Estate
List Price
$1,079,000
Sold Price
$1,020,000
Premium/Discount to List
-$59,000
-5.47%
Current Estimated Value
$1,597,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,233
Avg. Annual Appreciation
13.23%
Original Mortgage
$510,000
Outstanding Balance
$411,557
Interest Rate
3.15%
Mortgage Type
Balloon
Estimated Equity
$1,185,676

Purchase Details

Listed on
Nov 19, 2013
Closed on
Jan 29, 2014
Sold by
Lynch John A and John A Lynch Jr Trust
Bought by
Gilcrest William A and Gilcrest Lisa
Seller's Agent
Lisa Trace
@properties Christie's International Real Estate
Buyer's Agent
Melinda Rohrbach
Berkshire Hathaway HomeServices KoenigRubloff
List Price
$1,099,000
Sold Price
$1,100,000
Premium/Discount to List
$1,000
0.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.93%

Purchase Details

Closed on
Apr 28, 2004
Sold by
Lynch John A and Lynch Susan S
Bought by
Lynch John A and Lynch Susan S

Purchase Details

Closed on
Jun 1, 1998
Sold by
Declaratio Loving Helen K and Declaratio Helen K Loving Self
Bought by
Lynch John and Lynch Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
5.87%

Purchase Details

Closed on
Apr 28, 1994
Sold by
Loving William L and Loving Helen K
Bought by
Helen K Loving Self Declaration Of Trust
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
Costello Daniel S $1,020,000 Burnet Title
Gilcrest William A $1,100,000 St
Lynch John A -- --
Lynch John $660,000 Chicago Title Insurance Co
Helen K Loving Self Declaration Of Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costello Daniel S $510,000
Previous Owner Lynch John $495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2022 02/28/22 Sold $1,020,000 -5.5% $298 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $1,079,000 -1.9% $315 / Sq Ft
01/29/2014 01/29/14 Sold $1,100,000 -8.3% $321 / Sq Ft View Prior Sale
11/23/2013 11/23/13 Price Changed $1,199,000 +9.1% $350 / Sq Ft
11/19/2013 11/19/13 Pending -- -- --
11/19/2013 11/19/13 For Sale $1,099,000 -- $321 / 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 $20,893 $368,795 $143,842 $224,953
2023 $21,784 $339,966 $120,544 $219,422
2022 $21,784 $366,776 $117,103 $249,673
2021 $21,177 $363,613 $116,093 $247,520
2020 $20,704 $365,624 $116,735 $248,889
2019 $19,669 $358,912 $114,592 $244,320
2018 $17,049 $333,054 $152,770 $180,284
2017 $16,887 $327,486 $150,216 $177,270
2016 $16,070 $311,713 $142,981 $168,732
2015 $15,882 $293,515 $134,634 $158,881
2014 $13,282 $245,280 $133,485 $111,795
2012 $13,027 $247,408 $134,643 $112,765
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11136566

Midwest Real Estate Data (MRED)

APN: 12-33-404-007