NOT LISTED FOR SALE

720 Broadsmoore Dr Lake Forest, IL 60045

Estimated Value: $3,276,094 - $3,991,000

5 Beds
7 Baths
7,880 Sq Ft
$466/Sq Ft Est. Value

Sale Details

Date Sold: June 3, 2021

Last sale price $2,825,000 $359 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $24,118 / mo

5 Days on Market

Highlights

  • In Ground Pool
  • 2.3 Acre Lot
  • Heated Sun or Florida Room
  • Cherokee Elementary School Rated A
  • Recreation Room
  • Great Room

About This Home

As of June 2021

Spectacular estate perfectly sited on 2.3+ private acres with a pool and breath-taking grounds! This beautifully updated brick and stone home was built in 1995 with over 7,800+ square feet of living space with an additional 3,800+ square feet finished space in the English basement with high ceilings, an abundance of natural light and views of the gardens that will amaze you! A large wood paneled elevator accommodates all 3 levels. The grand entrance features a sweeping staircase with views into the two-story family room with an intricate beamed ceiling with one of 5 fireplaces throughout the home. The wonderful floor plan includes a formal living room, handsome wood paneled library, gracious dining room with butler's pantry and an updated spacious white kitchen with multiple cook stations and premium appliances. The kitchen is suited for a gourmet chef but perfect for family entertaining with multiple seating areas, kitchen dining and a kitchen office area. This home lends itself to entertaining with family or friends with its flow and design. The superior craftsmanship shine through the stunning details and features of the home and the fabulous hard wood flooring throughout much of the first floor. A large first floor laundry with additional closet and storage, a half bath and a beautifully appointed formal powder room completes the first floor. The second floor has a very large primary suite with a fireplace, extensive closets, and a large primary bathroom. The second floor has an additional four bedrooms, two en-suite and two that share a full bath. The lower level with abundant natural light and high ceilings features the same level of finish as the first and second floor. There is an additional family room and recreation room area, wet bar and wine cellar, two work out rooms, a bedroom/office with full bath and additional unfinished storage rooms. The 4 and 1/2 car garage is finished with epoxy flooring and has additional storage lockers for your needs. The pool and grounds have amazing and well-designed landscaping mindful to color and season. This home has an exquisite design with premium finishes on a perfect setting!

Last Agent to Sell the Property

Ann Lyon

@properties Christie's International Real Estate License #475126499 Listed on: 03/22/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Laura Werner

Havenwood Properties, LLC License #471015550

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,058

Year Built

  • Built in 1995

Lot Details

  • 2.3 Acre Lot
  • Lot Dimensions are 368 x 318 x 282 x 400
  • Paved or Partially Paved Lot

Parking

  • 3 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick or Stone Mason
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,880 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Game Room
  • Heated Sun or Florida Room
  • Home Gym
  • Breakfast Bar

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Potential Bedrooms

Partially Finished Basement

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

Outdoor Features

  • In Ground Pool
  • Patio

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,058

Year Built

Built in 1995

Lot Details

2.3 Acres

Parking

3

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: 1995
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, English
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7
  • Total Bedrooms: 5
  • LivingArea: 7880
  • Room Type: Bedroom 5, Bedroom 6, Eating Area, Office, Great Room, Recreation Room, Game Room, Exercise Room, Heated Sun Room, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0

Exterior Features

  • DirectionFaces: East
  • ExteriorFeatures: Patio, Pool In-Ground
  • Foundation Details: Concrete Perimeter
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Deer Path Middle School

Lot Info

  • Lot Size Acres: 2.3
  • Lot Dimensions: 368 X 318 X 282 X 400
  • Rural (Y/N): N
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 39058
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jun 2, 2021
Sold by
James F Leahy Family Trust and Linda R Leahy Trust
Bought by
Kommers Theodore F and Hagnell Karen A
Seller's Agent
Ann Lyon
@properties Christie's International Real Estate
Buyer's Agent
Laura Werner
Havenwood Properties, LLC
List Price
$2,975,000
Sold Price
$2,825,000
Premium/Discount to List
-$150,000
-5.04%
Current Estimated Value
$3,671,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$846,774
Avg. Annual Appreciation
5.57%
Original Mortgage
$2,260,000
Outstanding Balance
$2,046,148
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,625,626

Purchase Details

Closed on
Oct 11, 2009
Sold by
Leahy James F and Leahy Linda R
Bought by
Leahy James F and James F Leahy Family Trust

Purchase Details

Closed on
Jan 10, 2000
Sold by
Otterbeck James A and Otterbeck Suzanne M
Bought by
Leahy James F and Leahy Linda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.25%

Purchase Details

Closed on
Mar 2, 1995
Sold by
Elies Builders Inc
Bought by
Otterbeck James A and Otterbeck Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,325,000
Interest Rate
9.12%

Purchase Details

Closed on
Dec 9, 1994
Sold by
Deerfield Fsla
Bought by
Elies Builders Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kommers Theodore F $2,825,000 Chicago Title
Leahy James F -- None Available
Leahy James F $2,800,000 --
Otterbeck James A $1,900,000 Chicago Title Insurance Co
Elies Builders Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kommers Theodore F $2,260,000
Previous Owner Leahy James F $1,000,000
Previous Owner Otterbeck James A $1,325,000
Closed Otterbeck James A $100,000
Closed Leahy James F $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $2,825,000 -5.0% $359 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $2,975,000 -- $378 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $54,201 $910,976 $270,274 $640,702
2023 $54,201 $874,257 $259,380 $614,877
2022 $43,847 $736,233 $273,186 $463,047
2021 $41,464 $709,827 $263,388 $446,439
2020 $40,388 $711,320 $263,942 $447,378
2019 $39,058 $710,113 $263,494 $446,619
2018 $34,921 $965,574 $279,282 $686,292
2017 $49,627 $962,494 $278,391 $684,103
2016 $48,127 $926,098 $267,864 $658,234
2015 $47,447 $870,148 $251,681 $618,467
2014 $52,131 $966,867 $253,481 $713,386
2012 $50,320 $958,338 $251,245 $707,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11029530

Midwest Real Estate Data (MRED)

APN: 16-05-301-055

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