731 Mellody Rd Lake Forest, IL 60045
Estimated Value: $911,000 - $1,038,000
3
Beds
2
Baths
2,866
Sq Ft
$330/Sq Ft
Est. Value
Highlights
- Landscaped Professionally
- Wooded Lot
- Ranch Style House
- Deer Path Middle School East Rated A
- Vaulted Ceiling
- Walk-In Pantry
About This Home
As of February 2016Beautiful ranch on a secluded lot. Enter a bright foyer with leaded glass door. Comfortable home with large rooms. Living room boasts an exquisite marble fireplace. Family room with slate floor and a wet bar and sliding doors to backyard. Expansive bedrooms with carpeting. Dining room with a large bay window, great for sit down dinners. Bright kitchen with an island, plenty of cabinets, newer refrigerator, stone floor and breakfast nook with a bay window and eating table. The full basement is huge - 2,866 sq ft to be designed by the new owner as desired. Fenced in backyard with tall trees, great for barbecues and summer gatherings. Walk to town & Deerpath Golf course. King Muir neighborhood
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,561
Year Built
- 1958
Lot Details
- Southern Exposure
- Fenced Yard
- Landscaped Professionally
- Wooded Lot
Parking
- Attached Garage
- Garage Door Opener
- Driveway
- Garage Is Owned
Home Design
- Ranch Style House
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Stone Siding
- Cedar
Interior Spaces
- Wet Bar
- Vaulted Ceiling
- Skylights
- Gas Log Fireplace
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Separate Shower
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- North or South Exposure
- Property is near a bus stop
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 19, 2016
Sold by
Severns Harold R and Severns Kay S
Bought by
The Harold Raymond Severns Trust and The Shirley Kay Severns Trust
Total Days on Market
91
Current Estimated Value
Purchase Details
Listed on
Aug 25, 2015
Closed on
Feb 24, 2016
Sold by
Klein Patricia A and Patricia A Klein Trust
Bought by
Severns Harold R and Severns Kay S
Seller's Agent
Houda Chedid
Compass
Buyer's Agent
Suzie Hempstead
Berkshire Hathaway HomeServices Chicago
List Price
$637,000
Sold Price
$525,000
Premium/Discount to List
-$112,000
-17.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Purchase Details
Closed on
Jun 3, 2010
Sold by
Klein Patricia A
Bought by
Klein Patricia A and The Patricia A Klein Trust
Purchase Details
Closed on
Apr 19, 1999
Sold by
Ross Jack and Ross Florence
Bought by
Klein Walter C and Klein Patricia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6%
Similar Homes in Lake Forest, IL
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 |
|---|---|---|---|
| The Harold Raymond Severns Trust | -- | Attorney | |
| Severns Harold R | $525,000 | Ct | |
| Klein Patricia A | -- | None Available | |
| Klein Walter C | $500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Klein Patricia A | $96,000 | |
| Previous Owner | Klein Patricia A | $100,000 | |
| Previous Owner | Klein Walter C | $429,650 | |
| Previous Owner | Klein Walter C | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/25/2016 02/25/16 | Sold | $525,000 | 0.0% | $183 / Sq Ft |
| 11/24/2015 11/24/15 | Pending | -- | -- | -- |
| 11/02/2015 11/02/15 | Off Market | $525,000 | -- | -- |
| 10/08/2015 10/08/15 | Price Changed | $587,000 | -7.8% | $205 / Sq Ft |
| 08/25/2015 08/25/15 | For Sale | $637,000 | -- | $222 / 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 | $14,561 | $267,948 | $118,061 | $149,887 |
| 2023 | $14,008 | $247,002 | $108,832 | $138,170 |
| 2022 | $14,008 | $237,621 | $104,699 | $132,922 |
| 2021 | $13,737 | $235,572 | $103,796 | $131,776 |
| 2020 | $13,314 | $236,875 | $104,370 | $132,505 |
| 2019 | $12,650 | $232,527 | $102,454 | $130,073 |
| 2018 | $9,455 | $186,962 | $125,835 | $61,127 |
| 2017 | $9,295 | $183,837 | $123,732 | $60,105 |
| 2016 | $8,906 | $211,006 | $117,773 | $93,233 |
| 2015 | $10,644 | $198,687 | $110,897 | $87,790 |
| 2014 | $10,678 | $198,353 | $99,562 | $98,791 |
| 2012 | $10,476 | $200,074 | $100,426 | $99,648 |
Source: Public Records
Agents Affiliated with this Home
-
Houda Chedid
Seller's Agent in 2016
Houda Chedid
Compass
(847) 987-8517
41 Total Sales
-
Suzie Hempstead
Buyer's Agent in 2016
Suzie Hempstead
Berkshire Hathaway HomeServices Chicago
(847) 910-8465
52 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09021046
APN: 12-32-308-001
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