NOT LISTED FOR SALE

548 E Old Elm Rd Lake Forest, IL 60045

Estimated Value: $681,000 - $861,000

3 Beds
2.5 Baths
2,430 Sq Ft
$319/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $505,000 $208 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,854/month

21 Days on Market

Highlights

  • Colonial Architecture
  • Property is near a park
  • 1 Fireplace
  • Cherokee Elementary School Rated A
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of June 2022

This charming and much loved three bedroom Colonial is in a great location in East Lake Forest! You will find hardwood floors throughout the home, an expansive eat-in kitchen, and a cozy family room with wood burning stone fireplace. The family room has large sliding doors that open to a huge tiled sunroom. All three bedrooms are of a generous size and have wonderful closet space. All of this is nestled into a delightful neighborhood. Close to Fort Sheridan, train, schools, and parks. Enjoy the Lake and lovely walking trails. This home will convey "as is." Roof replaced in 2016, and Furnace in 2011.

Last Agent to Sell the Property

Patricia Carter

Coldwell Banker Realty License #475126508 Listed on: 05/13/2022

Coldwell Banker Realty

Last Buyer's Agent

Joe Lynn

Grapevine Realty, Inc. License #471000968

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,383

Year Built

  • Built in 1964

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100 x 200
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2,430 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Double Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near a park

Schools

  • Cherokee Elementary School
  • Lake Forest High Middle School
  • Lake Forest High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Community Details

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,383

Year Built

Built in 1964

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: 1964
  • 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): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 2430
  • Room Type: Sun Room
  • Estimated Total Finished Sq Ft: 2430
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Fireplace Location: None
  • Total Sq Ft: 3606

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • 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: Lake Forest High School

Lot Info

  • Lot Size Acres: 0.46
  • Lot Dimensions: 100 X 200
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 9383.4
  • Tax Year: 2021

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2022 06/21/22 Sold $505,000 +1.2% $208 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $499,000 0.0% $205 / Sq Ft
05/15/2022 05/15/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $499,000 -- $205 / 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 $9,545 $196,432 $94,386 $102,046
2023 $9,459 $168,317 $80,877 $87,440
2022 $9,459 $168,316 $85,161 $83,155
2021 $9,652 $174,614 $82,107 $92,507
2020 $9,402 $174,982 $82,280 $92,702
2019 $9,093 $174,685 $82,140 $92,545
2018 $8,985 $202,595 $87,062 $115,533
2017 $8,910 $201,948 $86,784 $115,164
2016 $8,982 $194,311 $83,502 $110,809
2015 $9,420 $182,571 $78,457 $104,114
2014 $9,447 $185,222 $79,018 $106,204
2012 $9,191 $183,588 $78,321 $105,267
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11403961

Midwest Real Estate Data (MRED)

APN: 16-09-213-020