NOT LISTED FOR SALE

58 Marion Ave Lake Forest, IL 60045

Estimated Value: $977,849 - $1,077,000

5 Beds
2.5 Baths
3,256 Sq Ft
$320/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $815,000 $250 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,650/month

29 Days on Market

Highlights

  • Bonus Room
  • Sun or Florida Room
  • Double Oven
  • Cherokee Elementary School Rated A
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of June 2022

Welcome to Lake Forest, This Beautiful Move in ready home, features a spacious updated gourmet kitchen , 5 bedrooms, screened in Porch just Steps away from to Ft. Sheridan Train station , Lake Michigan and Town.

Last Agent to Sell the Property

Michelle Parnell

Berkshire Hathaway HomeServices Chicago License #475182183 Listed on: 02/25/2022

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Renee Dickman

@properties Christie's International Real Estate License #475129540

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,701

Year Built

  • Built in 1969 | Remodeled in 2008

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 75x170

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 3,256 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms

Schools

  • Cherokee Elementary School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Community Details

  • H.O. Stone Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,701

Year Built

Built in 1969 | Remodeled in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: H.O. Stone
  • Year Built: 1969
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2008
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2008

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, High End Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • LivingArea: 3256
  • Room Type: Bedroom 5, Sun Room, Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 849000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cherokee Elementary School
  • Middle/Junior School District: 67

Lot Info

  • Lot Size Acres: 0.2936
  • Lot Dimensions: 75X170
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 11701
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
Jun 1, 2022
Sold by
Turner Scott W
Bought by
Brokaw Michael and Brokaw Lauren
Seller's Agent
Michelle Parnell
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Renee Dickman
@properties Christie's International Real Estate
List Price
$849,000
Sold Price
$815,000
Premium/Discount to List
-$34,000
-4%
Current Estimated Value
$1,041,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,462
Avg. Annual Appreciation
7.66%
Original Mortgage
$515,000
Outstanding Balance
$487,183
Interest Rate
4.63%
Mortgage Type
Balloon
Estimated Equity
$554,279

Purchase Details

Closed on
Apr 17, 2020
Sold by
Turner Marin E
Bought by
Turner Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.25%
Mortgage Type
New Conventional
Source: Public Records

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
Brokaw Michael $815,000 Chicago Title
Turner Scott -- Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brokaw Michael $515,000
Previous Owner Turner Scott $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $815,000 -4.0% $250 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $849,000 -- $261 / 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 $13,805 $238,123 $74,966 $163,157
2023 $12,714 $228,525 $71,944 $156,581
2022 $12,714 $217,653 $67,770 $149,883
2021 $12,014 $209,846 $65,339 $144,507
2020 $11,703 $210,288 $65,477 $144,811
2019 $11,312 $209,931 $65,366 $144,565
2018 $9,205 $226,329 $69,284 $157,045
2017 $11,394 $225,607 $69,063 $156,544
2016 $11,040 $217,075 $66,451 $150,624
2015 $10,869 $203,960 $62,436 $141,524
2014 $10,562 $200,714 $62,882 $137,832
2012 $8,937 $198,943 $62,327 $136,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11333310

Midwest Real Estate Data (MRED)

APN: 16-09-113-015