Seller's Agent in 2023
Jeffrey Folker
@ Properties
(847) 295-0700
10 in this area
18 Total Sales
650 Newcastle Dr Lake Forest, IL 60045
Estimated Value: $1,646,000 - $1,863,000
4
Beds
6
Baths
3,982
Sq Ft
$441/Sq Ft
Est. Value
Highlights
- 1.38 Acre Lot
- Community Lake
- Property is near park
- Everett Elementary School Rated A
- Deck
- Family Room with Fireplace
About This Home
As of June 2023Beautifully updated, custom home on a quiet street in west Lake Forest! Located on 1.38 acres across from open lands, this 4,000 sq. ft. home is the very definition of "move in ready." The list of updates is impressive - a spectacular custom, gourmet kitchen from Abruzzo, an updated family room w/ stone fireplace & built-in, a new 1st floor laundry & mudroom w/ cubbies, updated powder rooms, refinished hardwood floors on the main level & new hardwood flooring on the 2nd floor, new carpeting in the upstairs bedrooms, and fresh paint throughout. The home also has 9'+ ceilings, a large 1st floor office, generous bedrooms, a full, finished basement w/ bedroom, bathroom & large recreation room, and a 3-car garage. The stunning custom kitchen from Abruzzo is the heart of the home and features custom, inset cabinetry, a huge island w/ breakfast bar & lots of storage, Taj Mahal quartzite countertops, Sub Zero-Wolf-Cove appliances, a dry bar w/ beverage drawers & refrigerator, and large windows overlooking the backyard. The kitchen flows seamlessly into the bright, updated family room which has a vaulted ceiling, a gorgeous new stone fireplace w/ gas logs & starter, built-ins, and more windows w/ views of the property. The spacious dining room & living room have been recently painted and are ideal for entertaining. The large 1st floor office gets wonderful light and has French doors for privacy. Upstairs, the Primary Suite features a huge bedroom w/ new carpeting, an ample walk-in closet, and a large bathroom w/ a vaulted ceiling, separate vanities, a soaking tub, and separate water closet w/ oversized, walk-in shower. Two additional bedrooms share a bathroom w/ separate vanity areas, and the 4th bedroom is next to a 3rd full bathroom w/ tub & shower. The full, finished basement has a 5th bedroom that could also be used as a workout space, a 4th full bathroom, a wonderful bar for entertaining, and tons of space for a playroom, game room, 2nd family room, etc. Outside, the deep property features a nice deck, a gazebo, and plenty of space for a pool, a putting green, a fire pit, or just a place to play w/ friends and family. Additional highlights include all brick exterior, a newer cedar roof (2017), a concrete driveway and a side-loaded garage. This unique home provides privacy while still being close to shopping, the West Lake Forest train station, schools, and parks.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475154651 Listed on: 04/04/2023
Last Buyer's Agent
@properties Christie's International Real Estate License #475136496
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,367
Year Built
- Built in 1992
Lot Details
- 1.38 Acre Lot
- Lot Dimensions are 220x459x46x444
- Paved or Partially Paved Lot
- Sprinkler System
Parking
- 3 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Shake Roof
- Radon Mitigation System
- Concrete Perimeter Foundation
Interior Spaces
- 3,982 Sq Ft Home
- 2-Story Property
- Wet Bar
- Built-In Features
- Bar Fridge
- Dry Bar
- Vaulted Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Recreation Room
- Lower Floor Utility Room
- Storage Room
- Unfinished Attic
- Carbon Monoxide Detectors
Kitchen
- Double Oven
- Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Whirlpool Bathtub
- 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
- Finished Basement Bathroom
Outdoor Features
- Deck
- Brick Porch or Patio
- Gazebo
Location
- Property is near park
Schools
- Everett Elementary School
- Deer Path Middle School
- Lake Forest High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
- Multiple Water Heaters
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Community Lake
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2023
Closed on
Jun 5, 2023
Sold by
Dvorin Frazer and Dvorin Stephanie
Bought by
Landon Lynch Trust and Aubrey J Lynch Trust
Seller's Agent
Jeffrey Folker
@properties Christie's International Real Estate
Buyer's Agent
Andra O'Neill
@properties Christie's International Real Estate
List Price
$1,550,000
Sold Price
$1,435,000
Premium/Discount to List
-$115,000
-7.42%
Views
116
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
$319,464
Avg. Annual Appreciation
8.10%
Original Mortgage
$950,000
Outstanding Balance
$760,618
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$993,846
Purchase Details
Listed on
Jun 1, 2020
Closed on
Sep 21, 2020
Sold by
Shapland Richard D and Shapland Carol J
Bought by
Dvorin Frazer and Dvorin Stephanie
Seller's Agent
Elizabeth Wieneke
Compass
Buyer's Agent
Jeffrey Folker
@properties Christie's International Real Estate
List Price
$1,049,000
Sold Price
$1,005,000
Premium/Discount to List
-$44,000
-4.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.16%
Original Mortgage
$804,000
Interest Rate
2.8%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Landon Lynch Trust | $1,435,000 | Proper Title | |
| Dvorin Frazer | $1,005,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Landon Lynch Trust | $950,000 | |
| Previous Owner | Dvorin Frazer | $804,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/09/2023 06/09/23 | Sold | $1,435,000 | -7.4% | $360 / Sq Ft | |
| 04/17/2023 04/17/23 | Pending | -- | -- | -- | |
| 04/09/2023 04/09/23 | For Sale | $1,550,000 | 0.0% | $389 / Sq Ft | |
| 04/09/2023 04/09/23 | Off Market | $1,550,000 | -- | -- | |
| 04/04/2023 04/04/23 | For Sale | $1,550,000 | +54.2% | $389 / Sq Ft | |
| 10/01/2020 10/01/20 | Sold | $1,005,000 | -4.2% | $252 / Sq Ft | View Prior Sale |
| 08/02/2020 08/02/20 | Pending | -- | -- | -- | |
| 06/01/2020 06/01/20 | For Sale | $1,049,000 | -- | $263 / 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 | $28,273 | $479,126 | $179,373 | $299,753 |
| 2023 | $20,506 | $459,814 | $172,143 | $287,671 |
| 2022 | $20,506 | $347,428 | $181,306 | $166,122 |
| 2021 | $19,738 | $334,967 | $174,803 | $160,164 |
| 2020 | $20,976 | $366,251 | $175,171 | $191,080 |
| 2019 | $19,685 | $365,630 | $174,874 | $190,756 |
| 2018 | $22,342 | $462,939 | $185,352 | $277,587 |
| 2017 | $23,382 | $461,463 | $184,761 | $276,702 |
| 2016 | $22,660 | $444,013 | $177,774 | $266,239 |
| 2015 | $22,302 | $417,188 | $167,034 | $250,154 |
| 2014 | $24,328 | $454,442 | $168,229 | $286,213 |
| 2012 | $23,490 | $450,433 | $166,745 | $283,688 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Folker
-
Andra O'Neill
Buyer's Agent in 2023
Andra O'Neill
@ Properties
(847) 650-9093
141 in this area
232 Total Sales
-
Elizabeth Wieneke
Seller's Agent in 2020
Elizabeth Wieneke
Compass
(847) 732-4039
72 in this area
107 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11751261
APN: 16-06-403-041
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