NOT LISTED FOR SALE

71 N Ridge Rd Lake Forest, IL 60045

Estimated Value: $1,014,000 - $1,154,000

4 Beds
3.5 Baths
3,113 Sq Ft
$347/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $790,000 $254 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,967/month

8 Days on Market

Highlights

  • 0.87 Acre Lot
  • Deck
  • Recreation Room
  • Deer Path Middle School East Rated A
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of June 2023

TREMENDOUS NEW PRICE FOR THIS handsome one owner brick home with a wonderful floor plan and a lovely .88 acre lot. Highlights of this center-entry home include a large eat-in kitchen that opens to the family room, a separate library, two story foyer, hardwood floors throughout much of first floor, 2 fireplaces, first floor laundry, finished basement with large rec room, 5th bedroom /office w/a full bath. New HVAC systems in 2023.

Last Agent to Sell the Property

Katherine Hudson

Compass License #475133571 Listed on: 04/10/2023

Compass

Last Buyer's Agent

Roni Nanini

@properties Christie's International Real Estate License #475137981

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,677

Year Built

  • Built in 1987

Lot Details

  • 0.87 Acre Lot
  • Lot Dimensions are 142x259x140x284

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,113 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Formal Dining Room
  • Library with Fireplace
  • Recreation Room
  • Breakfast Bar

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Schools

  • Everett Elementary School
  • Deer Path Middle School
  • Lake Forest High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,677

Year Built

Built in 1987

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
  • Year Built: 1987
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Interior Amenities: Bar-Wet, Hardwood Floors, First Floor Laundry
  • LivingArea: 3113
  • Room Type: Bedroom 5, Eating Area, Library, Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Den/Library
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 799000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • 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: Everett Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Deer Path Middle School
  • Middle/Junior School District: 67

Lot Info

  • Lot Size Acres: 0.87
  • Lot Dimensions: 142X259X140X284
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 13676.64
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2019
Sold by
Potempa Qualified Personal Residence Tr
Bought by
The Potempa Irrevocable Childrens Trust
Current Estimated Value
$1,079,034

Purchase Details

Closed on
Feb 20, 2016
Sold by
Potempa Kenneth L and The Potempa Qualified Personal
Bought by
Masini Susan and The Potempa Qualified Personal

Purchase Details

Closed on
Apr 29, 1999
Sold by
Potempa Wayne H
Bought by
Potempa Kenneth J and Potempa Qualified Personal Res

Purchase Details

Closed on
Dec 14, 1997
Sold by
Potempa Wayne H and Potempa Valentina M
Bought by
The Valentina M Potempa Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 1997
Sold by
Potempa Irrevocable Childrens Trust
Bought by
Steiner Saran Graves

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.39%
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
The Potempa Irrevocable Childrens Trust -- Attorney
Masini Susan -- Attorney
Potempa Kenneth J -- --
Potempa Wayne H -- --
The Valentina M Potempa Living Trust -- --
Steiner Saran Graves $790,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steiner Saran Graves $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2023 06/07/23 Sold $790,000 -1.1% $254 / Sq Ft
04/18/2023 04/18/23 Price Changed $799,000 -5.9% $257 / Sq Ft
04/10/2023 04/10/23 For Sale $849,000 -- $273 / 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 $14,675 $287,124 $102,325 $184,799
2023 $14,069 $240,617 $85,751 $154,866
2022 $14,069 $238,423 $84,969 $153,454
2021 $13,679 $236,366 $84,236 $152,130
2020 $13,372 $237,673 $84,702 $152,971
2019 $12,430 $233,310 $83,147 $150,163
2018 $13,485 $264,715 $102,610 $162,105
2017 $13,293 $260,290 $100,895 $159,395
2016 $14,250 $276,428 $96,036 $180,392
2015 $16,031 $296,211 $90,429 $205,782
2014 $13,211 $243,991 $81,187 $162,804
2012 $12,957 $246,107 $81,891 $164,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11749324

Midwest Real Estate Data (MRED)

APN: 12-32-309-009