NOT LISTED FOR SALE

539 N Mayflower Rd Unit 539 Lake Forest, IL 60045

Estimated Value: $1,269,000 - $1,384,000

3 Beds
3.5 Baths
2,859 Sq Ft
$466/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $1,100,000 $385 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $10,266/month

129 Days on Market

Highlights

  • Landscaped Professionally
  • Family Room with Fireplace
  • Wood Flooring
  • Sheridan Elementary School Rated A
  • English Architecture
  • Main Floor Bedroom

About This Home

As of January 2024

This home is a unique alternative to luxury condo living! Located just one block from Lake Michigan, this sophisticated home enjoys a very private setting with beautifully landscaped rose gardens, bluestone patio with fountain, and lovely ravine views. This free-standing home maintains an independent role within the Mayflower Park Condominium Association. Built in 1888, The Ferry Hall Chapel (Ferry Hall was a private girls' high school which later joined Lake Forest Academy) was designed by noted architect Henry Ives Cobb who was known for the First Presbyterian Church of Lake Forest, The Newberry Library, and the Chicago Athletic Association, among many others. After Ferry Hall was closed, the building was converted into a private residence in 1980. This Gothic style building has been placed on the National Register of Historic Places. This home now features a grand great room with soaring ceilings, arched windows and doorways, and original leaded glass windows. You will find both first and second floor master bedroom suites, two handsome offices, and a chef's kitchen with stainless steel appliances and granite counters. A third floor provides an additional bedroom suite with delightful tree top views. Last purchased in 2010, many improvements have been made to both update and preserve the integrity of the home. Wood floors were installed on the second and third floors. In the great room, a direct-vent gas fireplace was added with antique, carved wood mantle from France. Other recent improvements include tuckpointing, two water heaters, and cedar roof maintenance and repairs. This home also enjoys modern amenities such as a main level laundry room, a basement for storage, and a detached three car garage with breezeway.

Last Agent to Sell the Property

Suzanne Myers

Coldwell Banker Realty License #475134171 Listed on: 08/11/2023

Coldwell Banker Realty

Last Buyer's Agent

Nancy Adelman

Compass License #475123518

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,380

Year Built

  • Built in 1888 | Remodeled in 1986

Lot Details

  • Landscaped Professionally
  • Paved or Partially Paved Lot

HOA Fees

  • $904 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • English Architecture
  • Brick Exterior Construction
  • Shake Roof

Interior Spaces

  • 2,859 Sq Ft Home
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Dual Sinks

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include insurance, lawn care, snow removal
  • Stephanie Brodsky Association, Phone Number (847) 831-8822
  • Mayflower Park Subdivision
  • Property managed by Fox Management Group, foxmanagement@hotmail.com

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,380

Year Built

Built in 1888 | Remodeled in 1986

Lot Details

0

HOA Fees

$904 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Other
  • Ownership: Condo
  • ArchitecturalStyle: English
  • New Construction: No
  • Property Sub-Type: Other
  • Subdivision Name: Mayflower Park
  • Year Built: 1888
  • Age: 100+ 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: 1986
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1986

Interior Features

  • Appliances: Double Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 2859
  • Room Type: Office, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 1275000
  • Lot Features: Common Grounds, Landscaped
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 904
  • Association Fee Frequency: Monthly
  • Community Features: Sidewalks, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Fox Management Group, foxmanagement@hotmail.com
  • Management Contact Name: Stephanie Brodsky
  • Management Phone: 847-831-8822
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Lawn Care, Snow Removal

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

  • Lot Dimensions: COMMON
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 20380.06
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Jan 18, 2024
Sold by
Anne Tower Krauss 2008 Revocable Trust
Bought by
Homan John J and Homan Diane M
Seller's Agent
Suzanne Myers
Coldwell Banker Realty
Buyer's Agent
Nancy Adelman
Compass
List Price
$1,399,000
Sold Price
$1,100,000
Premium/Discount to List
-$299,000
-21.37%
Views
396
Current Estimated Value
$1,332,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,954
Avg. Annual Appreciation
10.76%

Purchase Details

Closed on
Sep 27, 2010
Sold by
Golan Eileen M
Bought by
Krauss Anne Tower and The Anne Tower Krauss 2008 Rev

Purchase Details

Closed on
Feb 1, 1999
Sold by
Halligan William J
Bought by
Golan Leonard W and Golan Eileen M
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
Homan John J $1,100,000 Chicago Title
Krauss Anne Tower $1,200,000 None Available
Golan Leonard W $800,000 Burnet Title Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $1,100,000 -13.7% $385 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
09/26/2023 09/26/23 Price Changed $1,275,000 -8.9% $446 / Sq Ft
09/26/2023 09/26/23 For Sale $1,399,000 0.0% $489 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $1,399,000 -- $489 / 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 $27,538 $366,630 $206,791 $159,839
2023 $20,964 $445,564 $190,626 $254,938
2022 $20,964 $353,201 $151,110 $202,091
2021 $20,380 $350,155 $149,807 $200,348
2020 $19,925 $352,091 $150,635 $201,456
2019 $18,929 $345,628 $147,870 $197,758
2018 $19,336 $376,912 $161,989 $214,923
2017 $19,010 $370,611 $159,281 $211,330
2016 $18,228 $352,762 $151,610 $201,152
2015 $18,017 $332,168 $142,759 $189,409
2014 $15,661 $288,147 $45,496 $242,651
2012 $15,357 $290,647 $45,891 $244,756
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11857447

Midwest Real Estate Data (MRED)

APN: 12-34-103-034