NOT LISTED FOR SALE

766 E Old Elm Rd Lake Forest, IL 60045

Estimated Value: $600,000 - $704,000

3 Beds
2.5 Baths
1,581 Sq Ft
$416/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $510,000 $323 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,552/month

5 Days on Market

Highlights

  • Family Room with Fireplace
  • Recreation Room
  • Wood Flooring
  • Cherokee Elementary School Rated A
  • Ranch Style House
  • Formal Dining Room

About This Home

As of June 2022

This one-owner ranch home set on a beautiful half acre lot in Whispering Oaks is ready for you to make it your own! A solidly built three bedroom, two and a half bath brick home offering hardwood floors throughout, two fireplaces, back entrance and a partially finished basement. The spectacular views from the kitchen and family room overlook the patio and backyard with gorgeous trees and lots of green space. Two car attached garage and an outdoor shed for storage. A great opportunity!

Last Agent to Sell the Property

Andra O'Neill

@properties Christie's International Real Estate License #475136496 Listed on: 05/28/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Christopher McNulty

Nelly Corp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,834

Year Built

  • Built in 1965

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100x221.5x100x217.91
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,581 Sq Ft Home
  • Central Vacuum
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Game Room
  • Wood Flooring

Kitchen

  • Double Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio
  • Shed

Schools

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

Utilities

  • Central Air
  • Radiator
  • Baseboard Heating
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,834

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Dishwasher, Washer, Dryer, Cooktop
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1581
  • Other Equipment: Central Vacuum, Sump Pump
  • Room Type: Recreation Room, Game Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1581
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Basement Sq Ft: 1581
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 1581
  • Unfinished Basement Sq Ft: 1581

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 525000
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • 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
  • Heating: Baseboard, Radiator(s)
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • 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
  • Middle/Junior School District: 67

Lot Info

  • Lot Size Acres: 0.5
  • Lot Dimensions: 100X221.5X100X217.91
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 7833.78
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2023
Sold by
Mcnulty Christopher
Bought by
Mcnulty Revocable Trust
Total Days on Market
5
Current Estimated Value
$658,065

Purchase Details

Listed on
May 28, 2022
Closed on
Jun 23, 2022
Sold by
Clarene M Franzese Trust
Bought by
Mcnulty Christopher and Mcnulty Margaret
Seller's Agent
Andra O'Neill
@properties Christie's International Real Estate
Buyer's Agent
Christopher McNulty
Nelly Corp Realty
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%
Original Mortgage
$459,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2013
Sold by
Franzese Clarene M
Bought by
Franzese Clarene M and Clarene M Franzese Trust

Purchase Details

Closed on
Apr 23, 1998
Sold by
Franzese Frank I
Bought by
Franzese Frank I
Source: Public Records

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Range of Values:

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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
Mcnulty Revocable Trust -- --
Mcnulty Christopher $510,000 Chicago Title
Franzese Clarene M -- None Available
Franzese Frank I -- --
Franzese Clarene M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnulty Revocable Trust $944,100
Previous Owner Mcnulty Christopher $459,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $510,000 -2.9% $323 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/28/2022 05/28/22 For Sale $525,000 -- $332 / 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 $10,290 $179,431 $86,662 $92,769
2023 $9,062 $172,199 $83,169 $89,030
2022 $9,062 $161,657 $85,928 $75,729
2021 $7,835 $155,859 $82,846 $73,013
2020 $8,329 $156,187 $83,020 $73,167
2019 $8,056 $155,922 $82,879 $73,043
2018 $7,780 $159,718 $87,062 $72,656
2017 $7,702 $159,208 $86,784 $72,424
2016 $7,450 $153,187 $83,502 $69,685
2015 $7,299 $143,932 $78,457 $65,475
2014 $7,265 $145,004 $79,018 $65,986
2012 $7,085 $143,725 $78,321 $65,404
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11418476

Midwest Real Estate Data (MRED)

APN: 16-09-215-017