NOT LISTED FOR SALE

747 E Deerpath Lake Forest, IL 60045

Estimated Value: $3,741,000 - $4,420,064

6 Beds
7 Baths
7,405 Sq Ft
$552/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $3,585,000 $484 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $26,223/month

2 Days on Market

Highlights

  • Heated Floors
  • 2.21 Acre Lot
  • Living Room with Fireplace
  • Sheridan Elementary School Rated A
  • Landscaped Professionally
  • Recreation Room

About This Home

As of November 2022

Set on over 2 private acres in the heart of east Lake Forest, this magnificent, beautifully updated estate was designed by esteemed architect Frederick Wainwright Perkins. The entrance, defined by a stunning limestone garden gate along Deerpath Road hints at the impressive details one will find throughout the interior and exterior of this spectacular estate. The superior construction and level of intricate hand-carved architectural marble, limestone, wood and plaster details rival the grand estates on the east coast. This beautiful home includes 15 rooms, 6 bedrooms, 5.2 bathrooms, high ceilings, stone floors, lovely refinished hardwood floors throughout, 3 fireplaces, a gourmet kitchen with custom cabinetry and high-end appliances, an elevator, a historic interior fountain, a 3 car garage, new air conditioning systems, new lighting, and sun-drenched rooms with expansive windows and mesmerizing views of the lush, professionally landscaped grounds. The elegant Great Room with intricate architectural details opens to the Office/Sunroom and Family Room which are perfect for intimate family gatherings or large-scale entertaining. The breath-taking grounds include hardscape from the original 1860 gardens designed by Frank Calvert. This home exudes a perfect blend of warmth, elegance, luxury, and comfort within 2 blocks of Lake Michigan and downtown Lake Forest with modern technology and conveniences of today. A third-floor walk-up attic and full basement provide flexible space for expansion if desired. Move right in and enjoy everything that this beautifully updated estate and Lake Forest has to offer! Available furnished as well.

Last Agent to Sell the Property

Ann Lyon

@properties Christie's International Real Estate License #475126499 Listed on: 08/15/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Lori Baker

Compass License #475134193

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,988

Year Built

  • Built in 1912 | Remodeled in 2005

Lot Details

  • 2.21 Acre Lot
  • Lot Dimensions are 222 x 140 x 47 x 253 x 247 x100 x 90
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Irregular Lot

Parking

  • 3 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Georgian Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,405 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Combination Dining and Living Room
  • Home Office
  • Recreation Room

Kitchen

  • Built-In Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • In-Law or Guest Suite
  • Soaking Tub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry
  • Laundry Chute

Partially Finished Basement

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

Outdoor Features

  • Brick Porch or Patio
  • Terrace

Schools

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

Utilities

  • Zoned Heating and Cooling
  • SpacePak Central Air
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • 200+ Amp Service

Community Details

  • East Lake Forest Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,988

Year Built

Built in 1912 | Remodeled in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Georgian
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Subdivision Name: East Lake Forest
  • Year Built: 1912
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2005
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2005

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Built-In Oven
  • Basement: Full
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7
  • Total Bedrooms: 6
  • Fireplace Features: Gas Log
  • Fireplaces: 3
  • Interior Amenities: Elevator, Hardwood Floors, Heated Floors, In-Law Arrangement
  • LivingArea: 7405
  • Other Equipment: Sump Pump
  • Room Type: Bedroom 5, Bedroom 6, Den, Foyer, Mud Room, Office, Pantry, Recreation Room, Terrace
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Bathroom Amenities: Separate Shower,Steam Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room,Other
  • Total Sq Ft: 0
  • Attic: Full,Interior Stair,Unfinished
  • Flooring: Hardwood
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • ExteriorFeatures: Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Irregular Lot, Landscaped
  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

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

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Space Pac, Zoned
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Steam, Radiant, Radiator(s), Zoned
  • Laundry Features: Gas Dryer Hookup, Laundry Chute, Sink
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2.2147
  • Lot Dimensions: 222 X 140 X 47 X 253 X 247 X100 X 90
  • Rural (Y/N): N
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 48987.82
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Oct 13, 2022
Sold by
White Matthew H and White Rebecca
Bought by
Tara G Martin Amended And Restated Revocable and Michael Martin Amended And Restated Revocable
Seller's Agent
Ann Lyon
@properties Christie's International Real Estate
Buyer's Agent
Lori Baker
Compass
List Price
$3,585,000
Sold Price
$3,585,000
Views
94
Current Estimated Value
$4,085,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,766
Avg. Annual Appreciation
4.11%

Purchase Details

Listed on
Jun 4, 2020
Closed on
Sep 24, 2020
Sold by
Smith Carole A and Smith Kiki K
Bought by
White Matthew H and White Rebecca
Seller's Agent
Marcia Rowley
Coldwell Banker Realty
Buyer's Agent
Patricia Carter
Coldwell Banker Realty
List Price
$3,100,000
Sold Price
$2,500,000
Premium/Discount to List
-$600,000
-19.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.82%

Purchase Details

Closed on
Mar 24, 1997
Sold by
The Northern Trust Company
Bought by
Smith William P and Smith Carole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Interest Rate
7.5%
Source: Public Records
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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
Tara G Martin Amended And Restated Revocable $3,585,000 None Listed On Document
White Matthew H $2,500,000 Chicago Title
Smith William P $1,700,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith William P $1,190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2022 11/04/22 Sold $3,585,000 0.0% $484 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $3,585,000 +43.4% $484 / Sq Ft
10/01/2020 10/01/20 Sold $2,500,000 -15.3% $338 / Sq Ft View Prior Sale
07/12/2020 07/12/20 Pending -- -- --
07/07/2020 07/07/20 Price Changed $2,950,000 -4.8% $398 / Sq Ft
06/04/2020 06/04/20 For Sale $3,100,000 -- $419 / 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 $54,482 $947,767 $587,455 $360,312
2023 $50,388 $873,679 $541,533 $332,146
2022 $50,388 $840,499 $520,967 $319,532
2021 $48,988 $833,250 $516,474 $316,776
2020 $52,432 $916,738 $519,330 $397,408
2019 $49,814 $899,910 $509,797 $390,113
2018 $62,181 $1,178,973 $678,466 $500,507
2017 $60,128 $1,159,266 $667,125 $492,141
2016 $57,688 $1,103,432 $634,994 $468,438
2015 $57,061 $1,039,013 $597,923 $441,090
2014 $59,166 $1,072,056 $536,814 $535,242
2012 $57,967 $1,081,356 $541,471 $539,885
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11492471

Midwest Real Estate Data (MRED)

APN: 12-33-207-002