NOT LISTED FOR SALE

550 Hathaway Cir Lake Forest, IL 60045

Estimated Value: $1,483,319 - $1,602,000

5 Beds
4 Baths
4,198 Sq Ft
$364/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $1,115,000 $266 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $9,520/month

64 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Double Oven
  • Deer Path Middle School East Rated A
  • Den
  • Attached Garage

About This Home

As of May 2021

Listing moved to Private for the Holiday season. Still accepting showings with notice. Majestic 4200 sf home oozing with charm and emotion! Situated among an enclave of stunning Meadowood Farm historical buildings sits this beautiful dairy barn turned home extraordinary! Not an ounce of the character was lost, only accentuated, to create this warm and inviting place to call home. From the minute you turn into the drive you are awed by not only the enchanting silo but the beautiful turrets, copper accents, wishing well and it's natural setting amongst towering trees and gardens. You immediately feel the history when stepping inside: exposed brick, curved walls, arched doorways and beamed ceilings! Pretty Living room boasts double French doors leading out to your private backyard and stone patio while the moody Dining room with exposed brick wall and fireplace create that perfect room to entertain! Updated modern kitchen offers the perfect contrast and would impress even the most discerning chef! Tile backsplash, stunning granite counters and custom cabinetry & lighting plus a large center island make every meal a pleasure! The ever sought after Family room off the kitchen is next to impress! Tons of custom built in bookcases, cabinetry and desk, slate flooring as well as a cozy fireplace will draw you into relaxation. Tucked away and quiet is the 1st floor office or billiard area showcasing arched doorway, French door to patio and beautiful hardwood floors. A very cool feature of this house is the multi use 5 story silo- five round rooms with exposed brick walls stacked one on top the other. There are so many ways to envision this space from home offices to kids study room to exercise or play rooms-let your imagination run wild!! Second floor features 5 generously proportioned bedrooms and three full baths with many of the rooms featuring vaulted and beamed ceilings and hardwood floors! The marvelous backyard is the perfect retreat: blue stone patio, handsome built in fireplace and stepping stones winding through manicured gardens! Very, very special and truly unique!

Last Agent to Sell the Property

Tracy Wurster

Compass License #475132103 Listed on: 01/17/2021

Compass

Last Buyer's Agent

Cory Green

Compass License #475157727

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,473

Year Built

  • 1924

Lot Details

  • Irregular Lot
  • Wooded Lot

Parking

  • Attached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Shingle Roof
  • Stucco Exterior
  • Cedar

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Den
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Fire Pit

Utilities

  • Central Air
  • Partial Air Conditioning Available
  • Hot Water Heating System
  • Radiant Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,473

Year Built

1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 91-100 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1924
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1924

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 25X17, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Wine Cooler/Refrigerator
  • Equipment: Ceiling Fan
  • Fireplace Details: Wood Burning
  • Attic: Pull Down Stair
  • Fireplace Location: Family Room
  • Basement: Slab
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 13X8, On Level: Main Level, Flooring: Stone
  • Dining Room: Dimensions: 19X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 16X15, On Level: Main Level, Flooring: Stone
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: 5th Bedroom, Den, Foyer
  • Master Bedroom: Dimensions: 21X15, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 16X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Den, Dimensions: 25X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 15X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Other, Dimensions: 11X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Foyer, Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 19X14, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 4198
  • Dining Room Type: Separate
  • Family Room: Dimensions: 24X17, On Level: Main Level, Flooring: Stone

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Cedar, Stucco
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Patio, Fire Pit
  • Acreage: 0.46

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air, Partial
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Radiant

Condo/Co-op/Association

  • Assessed Sq Ft: 5766

Schools

  • School District: 115
  • Elementary School: Everett Elementary School
  • Middle School: Deer Path Middle School
  • High School: Lake Forest High School
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 85X200X111X115X26X85
  • Lot Description: Irregular, Wooded
  • Parcel Identification Number: 12312080070000

Tax Info

  • Taxes: 14252.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2021
Closed on
May 10, 2021
Sold by
Geldermann Carolyn Bell and Carolyn Bell Geldermann Living
Bought by
Ginter Michael and Ginter Melissa
Seller's Agent
Tracy Wurster
Compass
Buyer's Agent
Cory Green
Compass
List Price
$1,199,000
Sold Price
$1,115,000
Premium/Discount to List
-$84,000
-7.01%
Current Estimated Value
$1,529,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,080
Avg. Annual Appreciation
6.45%
Original Mortgage
$892,000
Outstanding Balance
$814,039
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$648,609

Purchase Details

Closed on
Mar 10, 2010
Sold by
Geldermann Stephen R and Geldermann Carolyn B
Bought by
Bellgeldermann Carolyn and Carolyn Bell Geldermann Living
Source: Public Records

Range of Values:

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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
Ginter Michael $1,115,000 Attorney
Bellgeldermann Carolyn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ginter Michael $892,000
Previous Owner Geldermann Stephen R $300,000
Previous Owner Geldermann Stephen R $500,000
Previous Owner Geldermann Stephen R $150,000
Previous Owner Geldermann Stephen R $590,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $1,115,000 -7.0% $266 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
01/17/2021 01/17/21 For Sale $1,199,000 -- $286 / 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 $16,473 $321,767 $114,964 $206,803
2023 $15,777 $269,649 $96,343 $173,306
2022 $15,777 $267,191 $95,465 $171,726
2021 $15,337 $264,887 $94,642 $170,245
2020 $14,995 $266,352 $95,165 $171,187
2019 $14,252 $261,463 $93,418 $168,045
2018 $16,258 $317,682 $113,709 $203,973
2017 $15,987 $312,371 $111,808 $200,563
2016 $15,328 $297,326 $106,423 $190,903
2015 $15,133 $279,968 $100,210 $179,758
2014 $13,704 $252,874 $89,969 $162,905
2012 $13,439 $255,067 $90,749 $164,318
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10972911

Midwest Real Estate Data (MRED)

APN: 12-31-208-007