NOT LISTED FOR SALE

875 Lane Lorraine Lake Forest, IL 60045

Estimated Value: $780,000 - $958,000

3 Beds
4 Baths
3,433 Sq Ft
$256/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $501,250 $146 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,737/month

11 Days on Market

Highlights

  • Mature Trees
  • Vaulted Ceiling
  • Wood Flooring
  • Deer Path Middle School East Rated A
  • Ranch Style House
  • Whirlpool Bathtub

About This Home

As of January 2021

Bring your architect/contractor!! This spacious brick ranch presents a great opportunity to rehab or expand in the highly desirable north King Muir neighborhood. Situated on .62 acres with sunny south-facing backyard, on private...quiet...treelined...cul-de-sac. This special home offers an oversized living room with bay window, 3 wood-burning fireplaces, open concept kitchen/family room, and breakfast room that opens to all-season sunroom. Primary suite includes separate sitting room/home office, enormous walk-in closet and fully mirrored spa-like bath! Two additional bedrooms, one en-suite with private bath. Full unfinished basement. One floor living at its best, this home offers a ton of possibilities and is a great value! Property is in an estate and sold As-Is.

Last Agent to Sell the Property

Kiki Clark

Jameson Sotheby's International Realty License #471005224 Listed on: 11/12/2020

Jameson Sotheby's International Realty

Co-Listed By

Polly Richardson

Jameson Sotheby's International Realty License #475159834

Last Buyer's Agent

Kimberly Becker

@properties Christie's International Real Estate License #475133239

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,547

Year Built

  • 1957

Lot Details

  • Fenced Yard
  • Mature Trees

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Built-In Features
  • Bookcases
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Heated Sun or Florida Room
  • Unfinished Basement
  • Partial Basement
  • Storm Screens

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Hot Water Heating System
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Brick Porch or Patio

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $1,750 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,547

Year Built

1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 61-70 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1957
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Some Carpeting, Some Wood Floors, Separate Dining Room
  • Number Of Rooms: 10
  • Living Room: Dimensions: 21X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: Wood Burning
  • Attic: Interior Stair
  • Fireplace Location: Family Room, Living Room, Basement
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 13X10, On Level: Basement
  • Dining Room: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Pantry-Closet, Breakfast Room
  • Additional Rooms: Breakfast Room, Office, Sun/Florida Room Heated, Walk In Closet
  • Master Bedroom: Dimensions: 26X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 20X9, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Office, Dimensions: 14X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Sun/Florida Room Heated, Dimensions: 20X11, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 3: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 4 Name: Walk in Closet, Dimensions: 11X8, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 3433
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X13, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Brick Paver Patio, Storms/Screens
  • Exposure: N (North)
  • Acreage: 0.624

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Hot Water/Steam

Condo/Co-op/Association

  • Assessed Sq Ft: 5450

Schools

  • School District: 115
  • Elementary School: Everett Elementary School
  • Middle School: Deer Path Middle School
  • High School: Lake Forest High School
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 190X146X182X146
  • Lot Description: Fenced Yard, Mature Trees
  • Parcel Identification Number: 12312060030000

Tax Info

  • Taxes: 13154.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Jan 21, 2021
Sold by
Spreitzer Karen
Bought by
Griesmaier Christine and Mchugh Robert
Seller's Agent
Kiki Clark
Jameson Sotheby's International Realty
Buyer's Agent
Kimberly Becker
@properties Christie's International Real Estate
List Price
$550,000
Sold Price
$501,250
Premium/Discount to List
-$48,750
-8.86%
Current Estimated Value
$879,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,258
Avg. Annual Appreciation
13.25%
Original Mortgage
$451,125
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2016
Sold by
Davidson Margaret M
Bought by
Davidson Margaret M and Margaret M Davidson Trust
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
Griesmaier Christine $501,500 Ata National Title Group
Davidson Margaret M -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mchugh Christine Lynn $36,900
Open Griesmaler Christine $661,500
Closed Griesmaier Christine $451,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $501,250 -8.9% $146 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $550,000 -- $160 / 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 $10,547 $190,029 $122,572 $67,457
2023 $9,839 $175,174 $112,990 $62,184
2022 $9,839 $168,521 $108,699 $59,822
2021 $9,267 $167,067 $107,761 $59,306
2020 $13,847 $251,075 $108,357 $142,718
2019 $13,154 $246,466 $106,368 $140,098
2018 $11,876 $238,362 $131,201 $107,161
2017 $11,672 $234,378 $129,008 $105,370
2016 $11,175 $223,090 $122,795 $100,295
2015 $10,996 $210,066 $115,626 $94,440
2014 $11,242 $211,210 $103,809 $107,401
2012 $10,971 $213,042 $104,709 $108,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10931848

Midwest Real Estate Data (MRED)

APN: 12-31-206-003