Larry Schneider
Jason Mitchell Real Estate IL
(224) 282-0497
111 Total Sales
1 in Lake Forest
$2,325,000 Price
550 Hunter Ln Lake Forest, IL 60045
Lake Forest AreaEstimated Value: $1,168,000 - $1,766,541
5
Beds
5.5
Baths
6,279
Sq Ft
$243/Sq Ft
Est. Value
Highlights
- Heated Floors
- Open Floorplan
- Landscaped Professionally
- 1.26 Acre Lot
- Colonial Architecture
- Property is near 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
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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
- Double Oven
- 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
- Whirlpool Bathtub
- 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
- 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 park
Community Details
- Ridgelands Subdivision, Colonial Floorplan
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2024
Closed on
Jan 10, 2025
Sold by
Bought by
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
$277,135
Avg. Annual Appreciation
13.79%
Original Mortgage
$1,000,000
Outstanding Balance
$985,396
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$541,739
Purchase Details
Closed on
Aug 11, 2023
Sold by
Bought by
Purchase Details
Closed on
Oct 28, 2005
Sold by
Bought by
Purchase Details
Closed on
Apr 27, 2000
Sold by
Bought by
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
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lake Forest, IL
-
Larry Schneider
-
Michael Stangel
Michael Stangel
@properties Christie's International Real Estate
(224) 529-3109
104 Total Sales
1 in Lake Forest
$1,185,000 Price
-
Kelly O'Connell-Guzak
Kelly O'Connell-Guzak
Home Sweet Home Ryan Realty
(630) 489-6353
148 Total Sales
1 in Lake Forest
$592,000 Price
-
Jodi Cinq-Mars
Jodi Cinq-Mars
Keller Williams North Shore West
(331) 263-0021
516 Total Sales
1 in Lake Forest
$340,000 Price
-
Zoran Milovanovic
Zoran Milovanovic
Keller Williams ONEChicago
(331) 241-6528
10 Total Sales
1 in Lake Forest
$1,475,000 Price
-
Jacqueline Koukol
Jacqueline Koukol
Responds QuicklyColdwell Banker Realty
(224) 458-2997
92 Total Sales
2 in Lake Forest
$471K - $788K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,250,000 | Baird & Warner Title | ||
| -- | None Listed On Document | ||
| $1,232,000 | -- | ||
| $1,435,000 | First American Title | ||
| $987,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $500,000 | ||
| Open | $1,000,000 | ||
| Previous Owner | $1,072,500 | ||
| Previous Owner | $1,023,425 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $1,004,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $23,583 | $423,430 | $145,948 | $277,482 |
| 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
51 Total Sales
-
Marta Voloshchuk
M
Buyer's Agent in 2025
Marta Voloshchuk
Coldwell Banker Realty
(847) 433-5400
17 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.
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.
Based on information submitted to the MLS GRID
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