NOT LISTED FOR SALE

737 Valley Rd Lake Forest, IL 60045

Estimated Value: $1,201,000 - $1,400,431

5 Beds
5 Baths
3,204 Sq Ft
$411/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $1,200,000 $375 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,742/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Vaulted Ceiling
  • Cherokee Elementary School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of February 2023

ANOTHER GORGEOUS REHAB BY RSTUDIO. STUNNING INSIDE AND OUT. THOUGHTFULLY DESIGNED TRADITIONAL HOME RENOVATED TO PERFECTION. ELEGANT LIVING ROOM. FORMAL DINING ROOM IS PERFECT FOR ALL OCCASIONS. OPEN SUNNY GOURMET KITCHEN INCLUDES CUSTOM CABINETS, QUARTZIDE COUNTERS, TOP OF THE LINE APPLIANCES, WALK-IN PANTRY, ISLAND, AND BREAKFAST ROOM OPENS TO A BUATIFUL FAMILY ROOM WITH CATHERDAL CEALINGS AND FLOOR TO CEALING FIREPLACE. BEDROOM WITH FULL BATH ON 1ST FL MAKES GUESTS FEEL WELCOME. 2ND FLOOR MASTER SUITE WITH VAULTED CEILINGS, LARGE 2 WALK-IN CLOSETS AND LUXURY MASTER BATH. HUGE SECOND SUITE WITH WALK-IN CLOSET, BATHROOM AND OFFICE AREA. FINISHED BASEMENT WITH REC AND FULL BATH. HOME IS SET ON BEAUTIFUL 0.4 ACRE CORNER LOT. LARGE SIDE YARD AND BACK YARD WITH WOODEN DECK. 3 CAR GARAGE. HOME CONVENIENTLY LOCATED IN TOP - RATED LAKE FOREST SCHOOL DISTRICT. JUST MINUTES AWAY FROM EXPRESSWAY, SHOPS, RESTAURANTS, PARK, PLAY GROUND AND METRA. HOME LOCATED IN A QUITE RERSIDENTIAL NEIGHBORHOOD. AN INCREDIBLE VALUE!

Last Agent to Sell the Property

Mila Friedman

Core Realty & Investments, Inc License #475123353 Listed on: 01/12/2023

Core Realty & Investments, Inc

Co-Listed By

Olga Katyushina

Core Realty & Investments, Inc License #475164370

Last Buyer's Agent

Milan Filipovic

REMAX Elite License #475190265

REMAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,783

Year Built

  • Built in 1986 | Remodeled in 2023

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 126x109x39x102x178
  • Corner Lot

HOA Fees

  • $73 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,204 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Lower Floor Utility Room
  • Storage Room

Kitchen

  • Double Oven
  • Cooktop with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 5 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Finished Basement

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

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck

Schools

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

Utilities

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

Community Details

  • Ally Madden Association, Phone Number (262) 294-1922
  • The Ponds Subdivision
  • Property managed by LAKES PROPERTY MANAGEMENT

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,783

Year Built

Built in 1986 | Remodeled in 2023

Lot Details

0

HOA Fees

$73 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: The Ponds
  • Year Built: 1986
  • Age: 31-40 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): Yes
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Range Hood
  • Basement: Full
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, First Floor Bedroom, Second Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Some Carpeting, Pantry
  • LivingArea: 3204
  • Other Equipment: CO Detectors, Sump Pump, Water Heater-Gas
  • Room Type: Bedroom 5, Foyer, Pantry, Recreation Room, Storage, Utility Room-Lower Level, Walk In Closet, Other Room
  • Estimated Total Finished Sq Ft: 3204
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Garden Tub,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3204
  • Basement Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 3204
  • Main Level Sq Ft: 3204
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 1289000
  • Lot Features: Corner Lot
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned, Dual
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air, Zoned
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 875
  • Association Fee Frequency: Annually
  • Community Features: Curbs, Sidewalks, Street Lights
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: LAKES PROPERTY MANAGEMENT
  • Management Contact Name: ALLY MADDEN
  • Management Phone: 262-294-1922
  • ResoAssociationFeeFrequency: Annually

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
  • Middle/Junior School District: 67

Lot Info

  • Lot Size Acres: 0.4141
  • Lot Dimensions: 126X109X39X102X178
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 16783
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2024
Sold by
Romanovic Maja and Maksimovic Nikola
Bought by
Nikola Maksimovic Revocable Trust and Maja B Maksimovic Revocable Trust
Current Estimated Value
$1,315,858

Purchase Details

Listed on
Jan 12, 2023
Closed on
Feb 2, 2023
Sold by
737Valley Llc
Bought by
Maksimovic Nikola and Romanovic Maja
Seller's Agent
Mila Friedman
Core Realty & Investments, Inc
Buyer's Agent
Milan Filipovic
REMAX Elite
List Price
$1,289,000
Sold Price
$1,200,000
Premium/Discount to List
-$89,000
-6.9%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%

Purchase Details

Closed on
Jul 20, 2022
Sold by
Rstudio Llc
Bought by
737Valley Llc

Purchase Details

Listed on
Oct 14, 2021
Closed on
Jan 6, 2022
Sold by
Norak Andrew T and Norak Linda T
Bought by
Rstudio Llc
Seller's Agent
Honore Frumentino
@properties Christie's International Real Estate
Buyer's Agent
Mila Friedman
Core Realty & Investments, Inc
List Price
$699,000
Sold Price
$607,000
Premium/Discount to List
-$92,000
-13.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.79%
Original Mortgage
$817,515
Interest Rate
3.69%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 21, 2001
Sold by
Warter Lawrence C and Warter Susan J
Bought by
Norak Andrew and Norak Linda T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
7.25%
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
Nikola Maksimovic Revocable Trust -- None Listed On Document
Maksimovic Nikola $1,200,000 Chicago Title
737Valley Llc -- Cambridge Title
Rstudio Llc $607,000 New Title Company Name
Norak Andrew $712,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rstudio Llc $817,515
Previous Owner Norak Andrew $579,000
Previous Owner Norak Andrew $570,000
Previous Owner Warter Lawrence C $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $1,200,000 -6.9% $375 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $1,289,000 +112.4% $402 / Sq Ft
02/03/2022 02/03/22 Sold $607,000 -13.2% $121 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $699,000 -- $139 / 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 $18,645 $325,670 $98,263 $227,407
2023 $18,645 $297,660 $89,811 $207,849
2022 $17,755 $301,380 $96,698 $204,682
2021 $16,785 $290,571 $93,230 $197,341
2020 $16,348 $291,182 $93,426 $197,756
2019 $15,802 $290,687 $93,267 $197,420
2018 $15,066 $294,197 $98,855 $195,342
2017 $14,916 $293,259 $98,540 $194,719
2016 $14,457 $282,170 $94,814 $187,356
2015 $14,227 $265,123 $89,086 $176,037
2014 $14,476 $272,864 $89,722 $183,142
2012 $13,983 $270,457 $88,931 $181,526
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11699876

Midwest Real Estate Data (MRED)

APN: 16-04-301-065