NOT LISTED FOR SALE

579 Hathaway Cir Lake Forest, IL 60045

Estimated Value: $714,000 - $941,000

3 Beds
2 Baths
1,520 Sq Ft
$524/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $610,000 $401 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,307/month

25 Days on Market

Highlights

  • Heated Floors
  • Landscaped Professionally
  • Screened Porch
  • Deer Path Middle School East Rated A
  • Wood Burning Stove
  • Cottage

About This Home

As of October 2020

Rare opportunity to live in a storybook, picturesque, impeccably restored 1924 Meadowood Dairy Farm "North Cottage" listed on the National Register of Historic Places. This home exudes charm of a bygone era that is completely move-in ready thanks to the current owners' 2014-2019 masterful renovation, which includes all the bells and whistles to exceed expectations of today's discerning buyers INCLUDING potential to add on! Originally built in 1924 from the vision of Clifford Milton Leonard after visiting a Dairy Farm in the French Countryside of Normandy and designed by renowned architect Ralph Varney. This picture-perfect, sun drenched Cottage, initially built for the farm staff, is part of an enclave of authentic buildings that make up the enchanting Hathaway Circle. Everything in this Cottage has been either restored or replaced including all new distressed hickory wood flooring throughout. Impressive reclaimed wood beams. All new immaculate white kitchen including new cabinetry, quartzite counters, Carrara marble subway backsplash, copper farm sink, wine cooler and all stainless-steel appliances and built-in desk. Restored wood Dutch door separates the lovely screened porch from the stunning living room with built-ins and gas stone fireplace. Cozy dining room with Vermont Stove gas fireplace. Three bedrooms up with lots of storage space and luxurious Carrara marble bath including heated floors. Walkout basement has newly installed porcelain tile flooring, laundry room and many built-in storage cabinets. Cobblestone driveway, 2 car detached heated garage, stone patio and very private, lush professionally landscaped half acre parcel with spectacular gardens in keeping with the original Jens Jensen landscape. Absolutely NOTHING to do. A precious jewel not to be missed! Complete list of all improvements available along with letter from the City of Lake Forest being "Open to working with buyer on changes to the existing house if proposed." Beautiful, established neighborhood supports significantly higher prices! Located just a short walk to expansive Open Lands, Elawa Farm, and walking and biking trails of Middlefork Savannah.

Last Listed By

Lisa Trace

@properties Christie's International Real Estate License #475127633 Listed on: 07/06/2020

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,167

Year Built | Renovated

  • 1924 | 2014

Lot Details

  • East or West Exposure
  • Landscaped Professionally

Parking

  • Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Brick Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cottage
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Shingle Roof
  • Stone Siding
  • Cedar

Interior Spaces

  • Built-In Features
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Screened Porch
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Sinks
  • No Tub in Bathroom
  • European Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,167

Year Built | Renovated

1924 | 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Rehab Year: 2014
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Cottage
  • Type Detached: 2 Stories
  • Estimated Year Built: 1924
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1924
  • Year Renovated: 2014

Interior Features

  • Interior Property Features: Hardwood Floors, Heated Floors, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 6
  • Living Room: Dimensions: 15X20, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator
  • Fireplace Details: Wood Burning, Wood Burning Stove
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Bathroom Amenities: Double Sink, European Shower, No Tub
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 11X16, On Level: Basement, Flooring: Porcelain Tile
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Kitchen Type: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Screened Porch
  • Master Bedroom: Dimensions: 13X16, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 1 Name: Screened Porch, Dimensions: 13X12, On Level: Main Level, Flooring: Stone, Windows: None
  • Bedroom 2: Dimensions: 15X9, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Bedroom 3: Dimensions: 12X13, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Estimated Sq Ft: 1520
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Cedar, Stone
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Patio
  • Exposure: E (East)
  • Acreage: 0.4669

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Brick
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

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: 35 X 84 X 76 X 108 X 161 X 162
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 12312080100000

Tax Info

  • Taxes: 8825.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Sep 29, 2020
Sold by
Miller Brion D and Brion D Miller Trust
Bought by
Kovalenko Dimitry and Kelly Shannon
Seller's Agent
Lisa Trace
@properties Christie's International Real Estate
Buyer's Agent
Melanie Giglio-Vakos
Compass
List Price
$649,900
Sold Price
$610,000
Premium/Discount to List
-$39,900
-6.14%
Total Days on Market
25
Current Estimated Value
$796,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,753
Avg. Annual Appreciation
5.91%
Original Mortgage
$427,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2018
Sold by
Miller Brion and Miller Nancy
Bought by
Brion D Miller Trust

Purchase Details

Closed on
Jun 17, 2013
Sold by
Atg Trust Co
Bought by
Miller Brion and Miller Nancy

Purchase Details

Closed on
Jun 22, 2009
Sold by
Lantz Scott A and Lantz Linda L
Bought by
Atg Trust Company and Trust #9491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2009
Sold by
Atg Trust Company
Bought by
Lantz Scott A and Lantz Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 1998
Sold by
Dorr Maurice N
Bought by
Northern Tr Bank Lake Forest Natl Assn and Trust #9491

Range of Values:

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Average Value
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List Price
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
Kovalenko Dimitry $610,000 Proper Title
Brion D Miller Trust -- Attorney
Miller Brion $500,000 None Available
Atg Trust Company -- None Available
Lantz Scott A -- Atg
Northern Tr Bank Lake Forest Natl Assn $320,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kovalenko Dimitry $427,000
Previous Owner Lantz Scott A $100,000
Previous Owner Lantz Scott A $258,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $610,000 -1.1% $401 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/24/2020 07/24/20 Price Changed $617,000 -5.1% $406 / Sq Ft
07/06/2020 07/06/20 For Sale $649,900 -- $428 / 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 $10,167 $202,196 $116,663 $85,533
2023 $9,782 $169,445 $97,766 $71,679
2022 $9,782 $167,901 $96,875 $71,026
2021 $9,508 $166,452 $96,039 $70,413
2020 $9,297 $167,372 $96,570 $70,802
2019 $8,838 $164,299 $94,797 $69,502
2018 $9,429 $186,693 $115,389 $71,304
2017 $9,272 $183,572 $113,460 $70,112
2016 $8,884 $174,730 $107,995 $66,735
2015 $8,757 $164,529 $101,690 $62,839
2014 $7,993 $148,344 $91,297 $57,047
2012 $7,554 $149,631 $92,089 $57,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10771382

Midwest Real Estate Data (MRED)

APN: 12-31-208-010