NOT LISTED FOR SALE

771 Washington Rd Lake Forest, IL 60045

Estimated Value: $2,214,832 - $2,980,000

5 Beds
8 Baths
5,964 Sq Ft
$415/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $2,400,000 $402 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $16,090/month

198 Days on Market

Highlights

  • In Ground Pool
  • Maid or Guest Quarters
  • Traditional Architecture
  • Sheridan Elementary School Rated A
  • Double Shower
  • Wood Flooring

About This Home

As of August 2016

Location, Location Location! No need for a car in this location, walk to train, town, beach and schools. Beautiful private grounds, grace and elegance abound inside and outside. New pool and pool house are welcome additions, as is the 3rd floor "Man Cave," makes a great home office or workout room with full bath. Featured in the remake of Miracle on 34th Street. New roof and Copper gutters in 2014. Spacious rooms, most formal rooms open to patios overlooking the gardens and grounds. 4 car tandem heated garage, make winters a breeze.

Last Agent to Sell the Property

Marina Carney

Compass License #475123100 Listed on: 01/06/2016

Compass

Co-Listed By

Andrew Mrowiec

Compass License #471004617

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,798

Year Built

  • 1924

Lot Details

  • 0.91

Parking

  • Attached Garage
  • Heated Garage
  • Tandem Garage
  • Brick Driveway
  • Gravel Driveway
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Shingle Roof
  • Cedar

Interior Spaces

  • Wet Bar
  • Bar Fridge
  • Mud Room
  • Dining Area
  • Home Office
  • Library
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Sinks
  • Whirlpool Bathtub
  • Double Shower
  • Steam Shower
  • European Shower
  • Separate Shower

Partially Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • SpacePak Central Air
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,798

Year Built

1924

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 91-100 Years
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 4
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 6.2
  • Style Of House: Traditional
  • Type Detached: 3 Stories
  • Estimated Year Built: 1924
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1924

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors, In-Law Arrangement
  • Number Of Rooms: 13
  • Living Room: Dimensions: 25X18, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Refrigerator-Bar, Wine Cooler/Refrigerator
  • Attic: Finished
  • Fireplace Location: Family Room, Living Room, Master Bedroom
  • Basement: Partial
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink, European Shower, Double Shower
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 21X18, On Level: Basement, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 22X19, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 17X16, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Rooms: 5th Bedroom, Eating Area, Library, Maid Room, Mud Room, Office, Pantry
  • Master Bedroom: Dimensions: 23X16, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 16X15, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 2 Name: Eating Area, Dimensions: 9X8, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 17X16, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Bedroom 3: Dimensions: 16X15, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Bedroom 4: Dimensions: 12X11, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 5 Name: Maid, Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 6 Name: Library, Dimensions: 16X16, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 7 Name: Mud, Dimensions: 6X16, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 8 Name: Pantry, Dimensions: 14X8, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 9 Name: Office, Dimensions: 16X28, On Level: 3rd Level, Flooring: Hardwood
  • Estimated Sq Ft: 5964
  • Dining Room Type: Separate
  • Family Room: Dimensions: 28X15, On Level: 2nd Level, Flooring: Hardwood, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Patio, Pool In-Ground

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Heated, Tandem
  • Garage On Site: Yes
  • Number Garage Spaces: 4
  • Driveway: Asphalt, Brick, Gravel
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Space Pac
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Schools

  • School District: 115
  • Elementary School: SHERIDAN ELEMENTARY SCHOOL
  • Middle School: DEER PATH MIDDLE SCHOOL
  • High School: LAKE FOREST HIGH SCHOOL
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 152X265X129X31X63X52X154
  • Parcel Identification Number: 12332010010000

Tax Info

  • Taxes: 42419.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2016
Closed on
Aug 22, 2016
Sold by
The Chicago Trust Company Na
Bought by
The Chicago Trust Company Na and Trust #Sbl-4115
Seller's Agent
Marina Carney
Compass
Buyer's Agent
Non Member
NON MEMBER
List Price
$3,400,000
Sold Price
$2,400,000
Premium/Discount to List
-$1,000,000
-29.41%
Current Estimated Value
$2,472,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,277
Avg. Annual Appreciation
0.33%
Original Mortgage
$1,900,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 3, 2008
Sold by
Cregan John F and Cregan Lisa D
Bought by
Wayne Hummer Trust Co Na and Trust Sbl2917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,270,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 1998
Sold by
Oneil Thomas C and Oneil Jane S
Bought by
Cregan John F and Cregan Lisa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.5%
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
The Chicago Trust Company Na $2,400,000 Ct
Wayne Hummer Trust Co Na $2,840,000 St
Cregan John F $1,895,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed The Chicago Trust Company Na $1,900,000
Previous Owner Wayne Hummer Trust Co Na $2,270,000
Previous Owner Cregan John F $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2016 08/25/16 Sold $2,400,000 -14.1% $402 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
05/09/2016 05/09/16 Price Changed $2,795,000 -3.5% $469 / Sq Ft
04/18/2016 04/18/16 Price Changed $2,895,000 -3.3% $485 / Sq Ft
03/07/2016 03/07/16 Price Changed $2,995,000 -6.3% $502 / Sq Ft
02/13/2016 02/13/16 Price Changed $3,195,000 -6.0% $536 / Sq Ft
01/06/2016 01/06/16 For Sale $3,400,000 -- $570 / 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 $35,798 $657,006 $245,491 $411,515
2023 $33,807 $576,807 $215,525 $361,282
2022 $33,807 $565,891 $211,446 $354,445
2021 $32,866 $561,010 $209,622 $351,388
2020 $30,526 $564,112 $210,781 $353,331
2019 $30,526 $553,757 $206,912 $346,845
2018 $22,985 $853,099 $273,592 $579,507
2017 $43,422 $838,839 $269,019 $569,820
2016 $42,890 $821,925 $256,062 $565,863
2015 $42,419 $773,941 $241,113 $532,828
2014 $41,241 $740,448 $216,471 $523,977
2012 $38,668 $746,871 $218,349 $528,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09112598

Midwest Real Estate Data (MRED)

APN: 12-33-201-001