550 Hunter Ln Lake Forest, IL 60045
5
Beds
5.5
Baths
6,279
Sq Ft
1.26
Acres
Highlights
- Heated Floors
- Open Floorplan
- Landscaped Professionally
- Cherokee Elementary School Rated A
- Colonial Architecture
- Property is near a park
About This Home
As of January 2025Unbeatable Value! This beautiful, stately & light filled home with over 7200 sq ft of living space is situated on 1.26 acre lot in terrific Ridgelands neighborhood. The dramatic foyer with bridal staircase & marble tile floor leads to a stunning 2-story family room with soaring ceilings, oak floors, an accent wall with fireplace, Palladian window & French doors leading to brick terrace & backyard. Adjacent living room with oak floors & surround sound and overlooks backyard. Formal dining room with crown moldings. Huge kitchen with breakfast area boasts 42-inch Brookhaven wood cabinets, island, Sub Zero refrigerator, granite countertops, desk area & side door to backyard. The main level is completed with bedroom/office, mud room, laundry room, full bath & powder room. The spacious primary suite upstairs has two walk-in closets & luxurious bath with two vanities, marble floor, separate steam shower & whirlpool tub. The remaining 3 bedrooms, 3.1 baths on 2nd level are equally well-appointed with Hunter Douglas window treatments & closet organizers. Impressive finished basement with additional living space offers an amazing entertaining area with media center, pool table & a home gym with full equipment. The 6th bedroom, full bathroom, kitchenette, storage & mechanical room complete the lower level. Most recent updates include new washer & dryer & 2 new water heaters. 3 car attached heated garage with circular brick paver driveway. Cedar roof. Professionally landscaped yard. Minutes to Metra train station, shopping & restaurants. A very special home at fantastic price!
Last Agent to Sell the Property
Baird & Warner License #475136005 Listed on: 10/14/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,463
Year Built
- Built in 1994
Lot Details
- 1.26 Acre Lot
- Landscaped Professionally
- Corner Lot
- Paved or Partially Paved Lot
- Sprinkler System
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Circular Driveway
- Parking Included in Price
Home Design
- Colonial Architecture
- Contemporary Architecture
- Shake Roof
- Concrete Perimeter Foundation
Interior Spaces
- 6,279 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- Built-In Features
- Bar Fridge
- Dry Bar
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Double Sided Fireplace
- Fireplace With Gas Starter
- Blinds
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- Living Room with Fireplace
- Breakfast Room
- Formal Dining Room
- Recreation Room
- Lower Floor Utility Room
- Storage Room
- Home Gym
- Unfinished Attic
Kitchen
- <<doubleOvenToken>>
- Gas Cooktop
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Trash Compactor
- Disposal
Flooring
- Wood
- Carpet
- Heated Floors
Bedrooms and Bathrooms
- 5 Bedrooms
- 6 Potential Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Bathroom on Main Level
- Dual Sinks
- <<bathWithWhirlpoolToken>>
- Steam Shower
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Bedroom in Basement
- Recreation or Family Area in Basement
- Finished Basement Bathroom
- Basement Storage
- Basement Window Egress
Home Security
- Home Security System
- Storm Screens
- Carbon Monoxide Detectors
Accessible Home Design
- Accessible Full Bathroom
- Accessible Bedroom
- Accessibility Features
- More Than Two Accessible Exits
Schools
- Cherokee Elementary School
- Deer Path Middle School
- Lake Forest High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- 400 Amp
- Multiple Water Heaters
- Gas Water Heater
- Cable TV Available
Additional Features
- Brick Porch or Patio
- Property is near a park
Community Details
- Ridgelands Subdivision, Colonial Floorplan
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2024
Closed on
Jan 10, 2025
Sold by
Tai Ryang Shin Living Trust and Shin Tai Ryang
Bought by
Voloshchuk Andriy and Voloshchuk Marta
Seller's Agent
Alicja Skibicki
Baird & Warner
Buyer's Agent
Marta Voloshchuk
Coldwell Banker Realty
List Price
$1,315,000
Sold Price
$1,250,000
Premium/Discount to List
-$65,000
-4.94%
Views
75
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,943
Avg. Annual Appreciation
27.61%
Original Mortgage
$1,000,000
Outstanding Balance
$997,527
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$421,416
Purchase Details
Closed on
Aug 11, 2023
Sold by
Shin Tai Ryang and Shin You Hyun
Bought by
Tai Ryang Shin Living Trust and Shin
Purchase Details
Closed on
Oct 28, 2005
Sold by
Smith Thomas L
Bought by
Shin Tai Ryang and Shin You Hyun
Purchase Details
Closed on
Apr 27, 2000
Sold by
Chicago Title Land Trust Company
Bought by
Smith Thomas L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,004,500
Interest Rate
8%
Purchase Details
Closed on
Jul 17, 1995
Sold by
Northern Tr Bank Lake Forest Natl Assn
Bought by
Chicago Title & Trust Company
Similar Homes in Lake Forest, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,250,000 | Baird & Warner Title | |
| Deed | $1,250,000 | Baird & Warner Title | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $1,232,000 | -- | |
| Deed | $1,435,000 | First American Title | |
| Trustee Deed | $987,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | New Conventional | |
| Closed | $1,000,000 | New Conventional | |
| Previous Owner | $1,072,500 | No Value Available | |
| Previous Owner | $1,023,425 | No Value Available | |
| Previous Owner | $100,000 | No Value Available | |
| Previous Owner | $1,004,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2025 01/15/25 | Sold | $1,250,000 | -4.9% | $199 / Sq Ft |
| 11/13/2024 11/13/24 | Pending | -- | -- | -- |
| 10/14/2024 10/14/24 | For Sale | $1,315,000 | -- | $209 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $21,913 | $403,882 | $139,210 | $264,672 |
| 2023 | $24,463 | $357,596 | $133,599 | $223,997 |
| 2022 | $24,463 | $412,828 | $140,710 | $272,118 |
| 2021 | $23,141 | $398,021 | $135,663 | $262,358 |
| 2020 | $22,530 | $398,858 | $135,948 | $262,910 |
| 2019 | $21,775 | $398,181 | $135,717 | $262,464 |
| 2018 | $23,573 | $452,435 | $143,849 | $308,586 |
| 2017 | $23,110 | $450,992 | $143,390 | $307,602 |
| 2016 | $23,297 | $450,992 | $137,968 | $313,024 |
| 2015 | $22,937 | $423,746 | $129,633 | $294,113 |
| 2014 | $23,180 | $421,241 | $130,560 | $290,681 |
| 2012 | $21,752 | $417,525 | $129,408 | $288,117 |
Source: Public Records
Agents Affiliated with this Home
-
Alicja Skibicki
Seller's Agent in 2025
Alicja Skibicki
Baird Warner
(847) 707-9504
64 Total Sales
-
Marta Voloshchuk
M
Buyer's Agent in 2025
Marta Voloshchuk
Coldwell Banker Realty
(224) 435-7910
22 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12188439
APN: 16-05-409-001
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.
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 450 Hunter Ln
- 600 Broadsmoore Dr
- 510 Buena Rd
- 880 Woodstream Ct
- 390 S Basswood Rd
- 725 W Tamarack Trail
- 765 W Tamarack Trail
- 755 W Tamarack Trail
- 745 W Tamarack Trail
- 930 S Ridge Rd
- 560 Jacqulyn Ln
- 31 E Sandpiper Ln
- 81 W North Ave
- 45 E Mallard Ln
- 25 Barnswallow Ln
- 555 W Everett Rd
- 1060 Highland Ave
- 710 Buena Rd
- 162 E Foster Place
- 104 E Louis Ave