Seller's Agent in 2021
John Wesley Ingold
Compass
(847) 942-4704
9 in this area
20 Total Sales
640 W Old Elm Rd Lake Forest, IL 60045
Estimated Value: $1,890,000 - $2,661,000
5
Beds
7
Baths
6,484
Sq Ft
$344/Sq Ft
Est. Value
Highlights
- 2.13 Acre Lot
- 3 Fireplaces
- 3 Car Attached Garage
- Cherokee Elementary School Rated A
- Fenced Yard
- Patio
About This Home
As of August 2021Welcome to this stately Georgian brick home tucked back on two gracious acres at 640 W Old Elm Road. Over 9,000 square feet have been completely remodeled in 2021. Walkthrough the front door and be blown away with the impressiveness of the foyer with grand living and dining room mirroring both sides of the foyer. This home offers no shortage of entertainment space. A family room, den, and kitchen all look out to the fantastic backyard. The perfect kitchen awaits you with top of line appliances and more than enough counter space. A back hall offers easy living with a half bath, a large mudroom with laundry, and a three-car garage. The curved staircase takes you to the second floor that boasts the large primary bedroom with a beautiful en-suite bath with heated floors. Two additional bedrooms, a large bathroom, a second-floor laundry room, and access to the guest suite. The guest suite has a private entrance, a living room, a private bedroom, and a full bath, perfect for the in-laws or nanny. Up the last set of stairs, you reach the third floor, which offers another large living space, a full bath, and the fifth bedroom. Plenty of storage and views. The basement is 3,000square feet of potential. The basement has a private entrance with natural light, a walk-in safe, and a temperature-controlled wine room. This home is brand new and move-in ready, the only thing you need to do is come build your pool.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,334
Year Built
- Built in 1978 | Remodeled in 2021
Lot Details
- 2.13 Acre Lot
- Lot Dimensions are 314x451
- Fenced Yard
Parking
- 3 Car Attached Garage
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Brick Driveway
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 6,484 Sq Ft Home
- 3-Story Property
- 3 Fireplaces
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Exterior Basement Entry
- Finished Basement Bathroom
Outdoor Features
- Patio
Schools
- Lake Forest High School
Utilities
- Zoned Heating and Cooling
- Heating System Uses Natural Gas
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 2, 2021
Closed on
Aug 25, 2021
Sold by
Rto Property Llc
Bought by
Beverly Robert T and Beverly Onyhatte
Seller's Agent
John Wesley Ingold
Compass
Buyer's Agent
Kiki Clark
Jameson Sotheby's International Realty
List Price
$1,495,000
Sold Price
$1,595,000
Premium/Discount to List
$100,000
6.69%
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
$637,387
Avg. Annual Appreciation
8.52%
Original Mortgage
$1,435,500
Outstanding Balance
$1,310,037
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$922,350
Purchase Details
Listed on
Dec 4, 2020
Closed on
Jan 14, 2021
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Rto Property Llc
Seller's Agent
Edd Riley
Vail REO Realty Group
Buyer's Agent
Mike Bodden
Chase Real Estate LLC
List Price
$728,000
Sold Price
$692,000
Premium/Discount to List
-$36,000
-4.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
321.96%
Original Mortgage
$519,000
Interest Rate
3%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 5, 2020
Sold by
Dent Thomas G and Dent Deborah A
Bought by
Csmc 2018 Sp3 Trust
Purchase Details
Closed on
Aug 21, 2006
Sold by
Knorps George and Knorps Christine P
Bought by
Dent Thomas G and Dent Deborah A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,420,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 30, 2003
Sold by
Trzaska Slawomir and Trzaska Christine A
Bought by
Knorps George and Knorps Christine P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,246,000
Interest Rate
4%
Mortgage Type
Credit Line Revolving
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 |
|---|---|---|---|
| Beverly Robert T | $1,595,000 | Bond Title Services Inc | |
| Rto Property Llc | $692,000 | Fidelity National Title | |
| Csmc 2018 Sp3 Trust | -- | Servicelink | |
| Dent Thomas G | $1,775,000 | Fort Dearborn Land Title | |
| Knorps George | $1,557,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Beverly Robert T | $1,435,500 | |
| Previous Owner | Rto Property Llc | $519,000 | |
| Previous Owner | Dent Thomas G | $1,420,000 | |
| Previous Owner | Knorps George | $1,246,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/27/2021 08/27/21 | Sold | $1,595,000 | +6.7% | $246 / Sq Ft | |
| 07/18/2021 07/18/21 | Pending | -- | -- | -- | |
| 07/02/2021 07/02/21 | For Sale | $1,495,000 | +116.0% | $231 / Sq Ft | |
| 01/29/2021 01/29/21 | Sold | $692,000 | +4.9% | $117 / Sq Ft | View Prior Sale |
| 01/11/2021 01/11/21 | Pending | -- | -- | -- | |
| 12/28/2020 12/28/20 | Price Changed | $659,900 | -9.4% | $112 / Sq Ft | |
| 12/04/2020 12/04/20 | For Sale | $728,000 | 0.0% | $123 / Sq Ft | |
| 07/10/2016 07/10/16 | Rented | $6,500 | -3.7% | -- | |
| 04/18/2016 04/18/16 | For Rent | $6,750 | -- | -- |
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 | $41,132 | $712,338 | $254,206 | $458,132 |
| 2023 | $25,426 | $657,333 | $234,577 | $422,756 |
| 2022 | $25,426 | $423,310 | $231,757 | $191,553 |
| 2021 | $23,698 | $408,128 | $223,445 | $184,683 |
| 2020 | $23,084 | $408,987 | $223,915 | $185,072 |
| 2019 | $22,334 | $408,293 | $223,535 | $184,758 |
| 2018 | $25,943 | $540,841 | $236,930 | $303,911 |
| 2017 | $27,679 | $539,116 | $236,174 | $302,942 |
| 2016 | $26,838 | $518,730 | $227,243 | $291,487 |
| 2015 | $26,431 | $487,391 | $213,514 | $273,877 |
| 2014 | $25,640 | $478,618 | $215,040 | $263,578 |
| 2012 | $24,756 | $474,396 | $213,143 | $261,253 |
Source: Public Records
Agents Affiliated with this Home
-
John Wesley Ingold
-
Edd Riley
E
Seller's Agent in 2021
Edd Riley
Vail REO Realty Group
(708) 415-4252
1 in this area
28 Total Sales
-
Paula Johnson
Seller Co-Listing Agent in 2021
Paula Johnson
Compass
(312) 919-4343
10 in this area
84 Total Sales
-
Kiki Clark
Buyer's Agent in 2021
Kiki Clark
Jameson Sotheby's International Realty
(847) 804-0969
49 in this area
106 Total Sales
-
Mike Bodden
Buyer's Agent in 2021
Mike Bodden
Chase Real Estate LLC
(847) 293-8928
2 in this area
394 Total Sales
-
M
Seller's Agent in 2016
Mary Pat Lundgren
Berkshire Hathaway HomeServices Chicago
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11135477
APN: 16-08-102-017
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