NOT LISTED FOR SALE

851 S Southmeadow Ln Lake Forest, IL 60045

Estimated Value: $1,434,000 - $1,645,000

4 Beds
3.5 Baths
3,964 Sq Ft
$392/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $1,300,000 $328 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $10,333/month

6 Days on Market

Highlights

  • Golf Course Community
  • Fireplace in Primary Bedroom
  • Main Floor Bedroom
  • Everett Elementary School Rated A
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of April 2023

New offering for a terrific Cape Cod residence in Conway Farms! Situated on a beautiful lot with expansive easterly views of the property and golf course! This custom home features a gracious two story entry foyer, 9' ceilings, deep moldings, and gorgeous hardwood floors throughout most of the first floor. New white custom kitchen (2020) sparkles with new appliances; double Wolf Ovens, Wolf gas range, SubZero, Miele DW, center island, quartz counters and handsome tile backsplash. This beautiful space opens to the breakfast room then beyond to the fabulous great room with vaulted ceiling, custom fireplace wall, with big screen TV and superb surround sound system. The perfect place for all to gather! There is a separate formal dining room with butler's pantry and a sun-filled office or sitting room. The first floor primary suite is spacious and bright with patio access, gas-log fireplace and outstanding walk-in closet! Spa style bath features a steam shower, whirlpool tub and large double vanity counter. The second floor provides three, very pleasant and spacious bedrooms. One with an ensuite bath and two sharing a spacious Jack and Jill. The unfinished lower level is expansive, providing tall ceilings, a fireplace and is rough plumbed for a bath, leaving one thinking of the future possibilities! First floor laundry and mudroom with access to the three car garage. NEW cedar shake roof in 2021. Two zones of heating and cooling. The brick paver patio provides a lovely spot for a summer dinner. Conway Farms offers a beautiful environment in a "easy to everything" location. Pool and tennis court facilities for homeowners are close by too.

Last Agent to Sell the Property

Nancy Adelman

Compass License #475123518 Listed on: 02/07/2023

Compass

Last Buyer's Agent

Dawn Kasten

Berkshire Hathaway HomeServices Chicago License #475159845

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,786

Year Built

  • Built in 1999

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 140x254x65x279

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Included in Price

Home Design

  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,964 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Rough-In Basement Bathroom

Outdoor Features

  • Brick Porch or Patio

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include pool, snow removal
  • Conway Farms Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,786

Year Built

Built in 1999

Lot Details

0

HOA Fees

$295 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Conway Farms
  • Year Built: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 3964
  • Room Type: Den, Breakfast Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Bathroom Rough-In
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Basement Sq Ft: 2557
  • Fireplace Location: Living Room,Master Bedroom,Basement
  • Total Sq Ft: 2557
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 1300000
  • Lot Features: Golf Course Lot
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 885
  • Association Fee Frequency: Quarterly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Pool, Snow Removal

Schools

  • Elementary School: Everett Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Deer Path Middle School
  • Middle/Junior School District: 67

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.63
  • Lot Dimensions: 140X254X65X279
  • Lot Size: .50-.99 Acre
  • Special Assessments: Y

Rental Info

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

Tax Info

  • Tax Annual Amount: 19786.36
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Mar 23, 2023
Sold by
Noon Christopher and Noon Barbara
Bought by
Pollina Lea Nora
Seller's Agent
Nancy Adelman
Compass
Buyer's Agent
Dawn Kasten
Berkshire Hathaway HomeServices Chicago
List Price
$1,300,000
Sold Price
$1,300,000
Views
1
Current Estimated Value
$1,553,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,092
Avg. Annual Appreciation
7.40%

Purchase Details

Listed on
Jun 17, 2018
Closed on
Sep 18, 2018
Sold by
Paleczny Marlane and Marlane Paleczny Revocable Tru
Bought by
Noon Christopher
Seller's Agent
Elizabeth Wieneke
Compass
Buyer's Agent
Nancy Adelman
Compass
List Price
$1,179,000
Sold Price
$1,110,000
Premium/Discount to List
-$69,000
-5.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%
Original Mortgage
$750,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 12, 2011
Sold by
Paleczny John P and Paleczny Marlene A
Bought by
Paleczny Marlane and Marlane Paleczny Revocable Tru

Purchase Details

Closed on
Aug 23, 1999
Sold by
Interlacken Construction Company Inc
Bought by
Paleczny Marlane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.75%
Source: Public Records

Range of Values:

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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
Pollina Lea Nora $1,300,000 Chicago Title
Noon Christopher $1,110,000 Chicago Title
Paleczny Marlane -- None Available
Paleczny Marlane A $829,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Noon Christopher $750,000
Previous Owner Paleczny Marlane A $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2023 04/05/23 Sold $1,300,000 0.0% $328 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $1,300,000 +17.1% $328 / Sq Ft
09/27/2018 09/27/18 Sold $1,110,000 -5.9% $280 / Sq Ft
06/23/2018 06/23/18 Pending -- -- --
06/17/2018 06/17/18 For Sale $1,179,000 -- $297 / 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 $22,026 $384,550 $123,276 $261,274
2023 $20,394 $362,851 $116,320 $246,531
2022 $20,394 $347,540 $111,412 $236,128
2021 $19,786 $343,793 $110,211 $233,582
2020 $19,302 $344,966 $110,587 $234,379
2019 $20,873 $378,941 $110,179 $268,762
2018 $20,839 $396,959 $119,771 $277,188
2017 $20,028 $387,693 $116,975 $270,718
2016 $19,337 $371,247 $112,013 $259,234
2015 $18,983 $347,187 $104,754 $242,433
2014 $19,263 $353,130 $112,506 $240,624
2012 $18,532 $353,837 $112,731 $241,106
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11714956

Midwest Real Estate Data (MRED)

APN: 15-12-207-002