NOT LISTED FOR SALE

540 Pine Ln Lake Forest, IL 60045

Estimated Value: $2,104,000 - $2,543,000

5 Beds
6 Baths
4,490 Sq Ft
$495/Sq Ft Est. Value

Sale Details

Date Sold: March 14, 2016

Last sale price $1,400,000 $312 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $14,612 / mo

45 Days on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • Gallery
  • Sheridan Elementary School Rated A
  • Wood Flooring
  • Home Office

About This Home

As of March 2016

Super sharp, single-story on quiet cul-de-sac just moments to town in east LF. Sleek and refined, but classic features retained. Entry foyer with dramatic gallery space. Formal living, dining rooms enjoy remarkable views of ravine. Family room overlooks yard and opens to patio. Bright, sunny kitchen with large breakfast area. Very flexible floorplan, great adult and family spaces. Office or sitting room adjacent to master, could also be family bedroom. Full basement. Three car heated garage. Wonderful setting just off Sheridan Road is a peaceful retreat.

Last Agent to Sell the Property

Nancy Adelman

Compass License #475123518 Listed on: 11/02/2015

Compass

Last Buyer's Agent

Megan Sparrow Jordan

@properties Christie's International Real Estate License #475144813

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • 1958

Lot Details

  • Cul-De-Sac
  • Irregular Lot

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Gravel Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Shingle Roof

Interior Spaces

  • Wet Bar
  • Bar Fridge
  • Skylights
  • Wood Burning Fireplace
  • Entrance Foyer
  • Sitting Room
  • Home Office
  • Recreation Room
  • Gallery
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Bar Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Patio

Utilities

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

Home Details

Home Type

Single Family

Year Built

1958

Lot Details

1.45 Acres

Parking

3

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 51-60 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Interior Property Features: Skylight(s), Bar-Wet, Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 12
  • Living Room: Dimensions: 26X16, On Level: Main Level, Flooring: Parquet
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal
  • Equipment: Humidifier, Security System, Sprinkler-Lawn
  • Fireplace Details: Wood Burning
  • Attic: Pull Down Stair
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 17X14, On Level: Main Level, Flooring: Parquet, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 30X20, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Foyer, Gallery, Office, Recreation Room, Sitting Room
  • Master Bedroom: Dimensions: 18X14, On Level: Main Level, Flooring: Parquet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Sitting, Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 17X13, On Level: Main Level, Flooring: Parquet
  • Additional Room 3 Name: Gallery, Dimensions: 17X11, On Level: Main Level, Flooring: Stone
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 4 Name: Bar, Dimensions: 14X12, On Level: Main Level, Flooring: Parquet
  • Bedroom 4: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 5 Name: Office, Dimensions: 15X12, On Level: Main Level, Flooring: Parquet
  • Additional Room 6 Name: Foyer, Dimensions: 22X8, On Level: Main Level
  • Additional Room 7 Name: Recreation Rm, Dimensions: 25X22, On Level: Basement, Flooring: Parquet
  • Estimated Sq Ft: 4490
  • Dining Room Type: Separate
  • Family Room: Dimensions: 25X14, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Brick
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Patio
  • Acreage: 1.45

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Gravel
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 150X300
  • Lot Description: Cul-de-sac, Irregular
  • Parcel Identification Number: 12284020030000

Tax Info

  • Taxes: 24,330

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2018
Sold by
Zoller Albert
Bought by
Zoller Albert L and Albert L Zoller Revocable Trus
Current Estimated Value
$2,221,636

Purchase Details

Listed on
Nov 2, 2015
Closed on
Mar 14, 2016
Sold by
Luce Laura Vanderaa and Laura Vanderaa Luce Trust
Bought by
Zoller Albert
Seller's Agent
Nancy Adelman
Compass
Buyer's Agent
Megan Sparrow Jordan
@properties Christie's International Real Estate
List Price
$1,495,000
Sold Price
$1,400,000
Premium/Discount to List
-$95,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$1,120,000
Outstanding Balance
$862,810
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,358,826

Purchase Details

Closed on
Jan 28, 2010
Sold by
Luce Geoffrey W and Luce Laura V
Bought by
Luce Laura Vanderaa and Laura Vanderaa Luce Trust

Purchase Details

Closed on
Jun 30, 1997
Sold by
Pawlick Albert
Bought by
Luce Geoffrey W and Luce Laura V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
7.81%

Purchase Details

Closed on
May 15, 1995
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Pawlick Albert
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zoller Albert L -- Attorney
Zoller Albert $1,400,000 Ct
Luce Laura Vanderaa -- None Available
Luce Geoffrey W $546,666 --
Pawlick Albert -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zoller Albert $1,120,000
Previous Owner Luce Geoffrey W $570,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2016 03/14/16 Sold $1,400,000 -6.4% $312 / Sq Ft
12/17/2015 12/17/15 Pending -- -- --
11/02/2015 11/02/15 For Sale $1,495,000 -- $333 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $33,994 $603,294 $383,144 $220,150
2023 $27,366 $556,134 $353,193 $202,941
2022 $27,366 $459,220 $291,644 $167,576
2021 $26,604 $455,260 $289,129 $166,131
2020 $26,542 $467,040 $290,774 $176,266
2019 $25,216 $458,466 $285,436 $173,030
2018 $27,510 $533,684 $382,897 $150,787
2017 $27,250 $524,763 $376,497 $148,266
2016 $25,941 $499,489 $358,364 $141,125
2015 $26,026 $477,171 $337,443 $139,728
2014 $24,049 $439,293 $302,955 $136,338
2012 $23,573 $443,104 $305,583 $137,521
Source: Public Records

Agents Affiliated with this Home

  • Nancy Adelman

    Seller's Agent in 2016

    Nancy Adelman

    Compass

    (847) 338-5068

    59 in this area

    83 Total Sales

    Nancy Adelman
    Section Image
  • Megan Sparrow Jordan

    Buyer's Agent in 2016

    Megan Sparrow Jordan

    @ Properties

    (847) 533-2852

    7 in this area

    35 Total Sales

    Megan Sparrow Jordan
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09077319

Midwest Real Estate Data (MRED)

APN: 12-28-402-003

Illinois Lake County Lake Forest 60045

540 Pine Ln, Lake Forest, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID

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