Seller's Agent in 2023
Alissa McNicholas
Compass
(847) 530-3098
98 in this area
149 Total Sales
575 Cherokee Rd Lake Forest, IL 60045
Estimated Value: $948,000 - $1,070,000
5
Beds
2.5
Baths
2,638
Sq Ft
$387/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Mature Trees
- Family Room with Fireplace
- Cherokee Elementary School Rated A
- Property is near park
- Wood Flooring
About This Home
As of May 2023Don't miss this tremendous opportunity in the desirable Whispering Oaks neighborhood just a short distance from Cherokee School and park. This 5 bedroom, 2.1 bath Colonial includes over 2,638 square feet of above-grade space, plus an additional 1,000 square feet in the basement. Large rooms for entertaining. Highlights include an open kitchen, eating area, family room, and sunroom combination that offer a flexible modern feel to the floor plan. Fireplaces in both the living room (wood burning) and family rooms (gas start, wood burning). Hardwood floors through most rooms including under all 2nd floor carpet. Anderson windows. Neutral decor and finishes including white cabinets in the kitchen and white tile in the bathrooms allow this home to be move-in ready if desired. Or renovate and make it your own. Other wonderful features include a spacious 2-car garage, a large yard with a private backyard, and a lovely brick paver patio. Generator. The roof was replaced in 2018, furnace 2017, water heater replaced 2015, sump pump 2021. Offered As-Is.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,686
Year Built
- Built in 1964
Lot Details
- 0.48 Acre Lot
- Lot Dimensions are 90x200x104x199
- Paved or Partially Paved Lot
- Mature Trees
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Colonial Architecture
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,638 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Heated Sun or Florida Room
- Unfinished Attic
Kitchen
- Double Oven
- Cooktop
- Microwave
- High End Refrigerator
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Sump Pump
Schools
- Cherokee Elementary School
- Deer Path Middle School
- Lake Forest High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Power Generator
Additional Features
- Patio
- Property is near park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 2, 2023
Closed on
Apr 17, 2023
Sold by
Christensen Richard L
Bought by
Dempsey Christopher B and Dempsey Carolyn C
Seller's Agent
Alissa McNicholas
Compass
Buyer's Agent
Kelly Dunn Rynes
Berkshire Hathaway HomeServices Chicago
List Price
$799,000
Sold Price
$850,000
Premium/Discount to List
$51,000
6.38%
Views
42
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
$171,438
Avg. Annual Appreciation
7.10%
Original Mortgage
$722,500
Interest Rate
6.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 27, 2019
Sold by
Christensen Suzanne L
Bought by
Christensen Suzanne L and Christensen Richard L
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dempsey Christopher B | $850,000 | Chicago Title | |
| Christensen Suzanne L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dempsey Christopher B | $722,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2023 05/01/23 | Sold | $850,000 | +6.4% | $322 / Sq Ft |
| 03/06/2023 03/06/23 | Pending | -- | -- | -- |
| 03/02/2023 03/02/23 | For Sale | $799,000 | -- | $303 / 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 | $14,061 | $262,023 | $109,068 | $152,955 |
| 2023 | $13,409 | $224,520 | $93,457 | $131,063 |
| 2022 | $13,409 | $223,123 | $98,406 | $124,717 |
| 2021 | $12,686 | $215,121 | $94,877 | $120,244 |
| 2020 | $12,355 | $215,574 | $95,077 | $120,497 |
| 2019 | $11,939 | $215,209 | $94,916 | $120,293 |
| 2018 | $12,595 | $241,022 | $100,604 | $140,418 |
| 2017 | $12,470 | $240,253 | $100,283 | $139,970 |
| 2016 | $12,096 | $231,168 | $96,491 | $134,677 |
| 2015 | $11,926 | $217,201 | $90,661 | $126,540 |
| 2014 | $11,958 | $220,388 | $91,309 | $129,079 |
| 2012 | $11,539 | $218,444 | $90,504 | $127,940 |
Source: Public Records
Agents Affiliated with this Home
-
Alissa McNicholas
-
Lori Baker
Seller Co-Listing Agent in 2023
Lori Baker
Compass
(847) 863-1791
102 in this area
149 Total Sales
-
Kelly Dunn Rynes
Buyer's Agent in 2023
Kelly Dunn Rynes
Berkshire Hathaway HomeServices Chicago
(847) 987-6296
17 in this area
100 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11726790
APN: 16-04-411-002
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