Seller's Agent in 2025
Donna Mercier
Coldwell Banker Realty
(847) 757-6538
29 in this area
53 Total Sales
694 S Ridge Rd Lake Forest, IL 60045
4
Beds
6
Baths
4,336
Sq Ft
2
Acres
Highlights
- 2 Acre Lot
- Landscaped Professionally
- Wooded Lot
- Cherokee Elementary School Rated A
- Family Room with Fireplace
- Ranch Style House
About This Home
As of April 2025Closed for $151,000 over asking with multiple offers. Discover your dream home on a breathtaking 2-acre private estate in Lake Forest! This meticulously maintained ranch-style retreat offers the perfect blend of luxury, tranquility, and modern comfort. With timeless charm and thoughtful updates, this home is designed for both effortless entertaining and everyday relaxation. The kitchen, a chef's delight, was updated in 2017 with high-end finishes and appliances, including a Wolf range and Sub-Zero refrigerator, designer custom cabinets, and granite countertops. The sun-filled breakfast room, with its cozy fireplace, offers casual, intimate dining. The family room is the heart of the home, providing ample space for relaxation and gatherings. The richly paneled library, featuring a handsome fireplace, built-ins, and hardwood floors, serves as an ideal work-from-home space, thoughtfully separated from the main flow of the home. Elegance and style abound in the recently designed living room, while a gracious dining room welcomes guests off the foyer. Your private oasis, the primary suite, includes luxurious his and her baths, separate dressing rooms, and a fabulous sunroom with a radiant heated floor. This exceptional ranch-style home is both spacious and inviting, ideal for entertaining and everyday living. Don't miss this rare opportunity to own a private sanctuary just moments from everything Lake Forest has to offer.
Last Agent to Sell the Property
Coldwell Banker Realty License #475068501 Listed on: 03/13/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,509
Year Built
- Built in 1976 | Remodeled in 2017
Lot Details
- 2 Acre Lot
- Lot Dimensions are 481x180x500x100
- Landscaped Professionally
- Paved or Partially Paved Lot
- Irregular Lot
- Sprinkler System
- Wooded Lot
Parking
- 3 Car Garage
- Driveway
Home Design
- Ranch Style House
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 4,336 Sq Ft Home
- Wet Bar
- Ceiling Fan
- Skylights
- Attached Fireplace Door
- Gas Log Fireplace
- Entrance Foyer
- Family Room with Fireplace
- 4 Fireplaces
- Family Room Downstairs
- Living Room with Fireplace
- Breakfast Room
- Formal Dining Room
- Library
- Sun or Florida Room
- First Floor Utility Room
- Wood Flooring
- Partial Basement
- Home Security System
Kitchen
- Double Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- In-Law or Guest Suite
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Sink Near Laundry
Outdoor Features
- Patio
- Gazebo
Schools
- Cherokee Elementary School
- Deer Path Middle School
- Lake Forest High School
Utilities
- Forced Air Zoned Heating and Cooling System
- SpacePak Central Air
- Baseboard Heating
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
- Private or Community Septic Tank
- Cable TV Available
Community Details
- Ranch
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2025
Closed on
Apr 2, 2025
Sold by
Pamela A Anderson Revocable Trust and Anderson Pamela A
Bought by
Perl Lindsey Paine and Oconnell Noel P
Seller's Agent
Donna Mercier
Coldwell Banker Realty
Buyer's Agent
Anne Hardy
Berkshire Hathaway-Chicago
List Price
$1,679,000
Sold Price
$1,830,000
Premium/Discount to List
$151,000
8.99%
Views
28
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
$65,083
Avg. Annual Appreciation
6.44%
Original Mortgage
$806,500
Outstanding Balance
$682,330
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$1,212,753
Purchase Details
Closed on
Nov 13, 2008
Sold by
Schultz Gerald E and Schultz Barbara E
Bought by
Anderson Pamela A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,830,000 | Burnet Title | |
| Deed | $1,387,500 | St |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $806,500 | New Conventional | |
| Closed | $949,000 | Credit Line Revolving | |
| Previous Owner | $975,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | Sold | $1,830,000 | +9.0% | $422 / Sq Ft |
| 03/18/2025 03/18/25 | Pending | -- | -- | -- |
| 03/13/2025 03/13/25 | For Sale | $1,679,000 | -- | $387 / 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 | $26,509 | $469,463 | $253,463 | $216,000 |
| 2023 | $26,509 | $450,541 | $243,247 | $207,294 |
| 2022 | $25,872 | $453,518 | $256,194 | $197,324 |
| 2021 | $24,444 | $437,252 | $247,005 | $190,247 |
| 2020 | $23,797 | $438,172 | $247,525 | $190,647 |
| 2019 | $23,013 | $437,428 | $247,105 | $190,323 |
| 2018 | $22,086 | $442,255 | $261,911 | $180,344 |
| 2017 | $21,671 | $440,845 | $261,076 | $179,769 |
| 2016 | $20,989 | $424,175 | $251,204 | $172,971 |
| 2015 | $20,637 | $398,548 | $236,027 | $162,521 |
| 2014 | $21,890 | $427,011 | $237,715 | $189,296 |
| 2012 | $21,402 | $423,244 | $235,618 | $187,626 |
Source: Public Records
Agents Affiliated with this Home
-
Donna Mercier
-
Chris Foss
Seller Co-Listing Agent in 2025
Chris Foss
Coldwell Banker Realty
(847) 971-8524
17 in this area
43 Total Sales
-
Anne Hardy
Buyer's Agent in 2025
Anne Hardy
Berkshire Hathaway-Chicago
(847) 436-1075
14 in this area
159 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12271850
APN: 16-05-301-010
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