NOT LISTED FOR SALE

875 Mellody Rd Lake Forest, IL 60045

Estimated Value: $1,718,044 - $1,878,000

5 Beds
7 Baths
5,500 Sq Ft
$324/Sq Ft Est. Value

Last Sold November 16, 2012

Last sale price $1,100,000 $200 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $11,302/month

129 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Walk-In Pantry
  • Deer Path Middle School East Rated A
  • Home Gym
  • Formal Dining Room

About This Home

As of November 2012

SOUTH KING MUIR NEIGHBORHOOD This house has it all, new kitchen, 7000 sq ft of living- new master bath, exercise room, 1st floor bed room with bath, beautiful park-like grounds, sprinkler system, generator (2009.) Windows, roof, HVAC 5 zones, hot water heaters, new in 2003. Superwire data throughout as well as hardwood floors. Cedar siding all new too! Just move in and enjoy!

Last Agent to Sell the Property

Marina Carney

Compass License #475123100 Listed on: 06/08/2012

Compass

Co-Listed By

Andrew Mrowiec

Compass License #471004617

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $21,682

Year Built

  • 1976

Lot Details

  • 0.89

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Stone Siding
  • Cedar

Interior Spaces

  • Wet Bar
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Electric Fireplace
  • Formal Dining Room
  • Recreation Room
  • Bonus Room
  • Game Room
  • Home Gym
  • Wood Flooring
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Soaking Tub
  • Shower Body Spray
  • Separate Shower

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$21,682

Year Built

1976

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train
  • Recent Rehab: Yes
  • Type Detached: 2 Stories
  • Special Features: None
  • Year Built: 1976

Interior Features

  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Refrigerator-Bar, Freezer, Washer, Dryer, Disposal
  • Fireplaces: 4
  • Interior Property Features: Skylight(s), Bar-Wet, Hardwood Floors, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 13
  • Fireplace Details: Wood Burning, Electric, Gas Logs
  • Attic: Pull Down Stair
  • Fireplace Location: Family Room, Living Room, Master Bedroom
  • Basement: Partial
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 21X17
  • Master Bedroom Flooring: Hardwood
  • Master Bedroom Window Treatments: All
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 18X14
  • Second Bedroom Flooring: Hardwood
  • Second Bedroom Window Treatments: All
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 15X14
  • Third Bedroom Flooring: Hardwood
  • Third Bedroom Window Treatments: All
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 15X13
  • Fourth Bedroom Flooring: Hardwood
  • Fourth Bedroom Window Treatments: All
  • Bathroom Amenities: Separate Shower, Full Body Spray Shower, Soaking Tub
  • Living Room Level: Main Level
  • Living Room Size: 24X14
  • Living Room Flooring: Hardwood
  • Living Room Window Treatments: Curtains/Drapes
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 15X14
  • Dining Room Flooring: Hardwood
  • Dining Room Window Treatments: All
  • Family Room Level: Main Level
  • Family Room Size: 17X16
  • Family Room Flooring: Hardwood
  • Family Room Window Treatments: All
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Walk-in
  • Kitchen Level: Main Level
  • Kitchen Size: 18X17
  • Kitchen Flooring: Porcelain Tile
  • Kitchen Window Treatments: All
  • Laundry Level: Main Level
  • Laundry Size: 13X12
  • Laundry Flooring: Hardwood
  • Laundry Window Treatments: All
  • Additional Rooms: Bonus, 5th Bedroom, Exercise Room, Game Room, Recreation Room
  • Additional Room 1 Name: 5th Bdrm
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 13X12
  • Additional Room 1 Flooring: Hardwood
  • Additional Room 2 Name: Recreation Rm
  • Additional Room 2 Level: Basement
  • Additional Room 2 Size: 25X17
  • Additional Room 2 Flooring: Vinyl
  • Additional Room 3 Name: Bonus
  • Additional Room 3 Level: 2nd Level
  • Additional Room 3 Size: 20X19
  • Additional Room 3 Flooring: Carpet
  • Additional Room 4 Name: Game Rm
  • Additional Room 4 Level: Basement
  • Additional Room 4 Size: 24X17
  • Additional Room 4 Flooring: Carpet
  • Additional Room 5 Name: Exercise Rm
  • Additional Room 5 Level: 2nd Level
  • Additional Room 5 Size: 18X16
  • Additional Room 5 Flooring: Hardwood

Exterior Features

  • Roof: Asphalt/Glass (Shingles)
  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick, Cedar, Stone
  • Exterior Property Features: Patio, Storage Shed

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Cooling: Central Air, Zoned
  • Electricity: 200+ Amp Service
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Storm, Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • 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: 135X314X48X367

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2012
Closed on
Nov 15, 2012
Sold by
Reich Robert J and Reich Victoria J
Bought by
Eglite Erik and Eglite Julie
Seller's Agent
Marina Carney
Compass
Buyer's Agent
Non Member
NON MEMBER
List Price
$1,275,000
Sold Price
$1,100,000
Premium/Discount to List
-$175,000
-13.73%
Current Estimated Value
$1,782,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$682,015
Avg. Annual Appreciation
3.56%
Original Mortgage
$800,000
Outstanding Balance
$572,899
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$1,149,806

Purchase Details

Closed on
Jul 22, 1997
Sold by
Lasalle National Bank
Bought by
Reich Robert J and Reich Victoria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,400
Interest Rate
7.68%
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
Eglite Erik $1,100,000 None Available
Reich Robert J $520,333 Mercury Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eglite Erik $800,000
Previous Owner Reich Robert J $500,000
Previous Owner Reich Robert J $125,000
Previous Owner Reich Robert J $1,000,000
Previous Owner Reich Robert J $500,000
Previous Owner Reich Robert J $624,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2012 11/16/12 Sold $1,100,000 -13.7% $200 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
06/08/2012 06/08/12 For Sale $1,275,000 -- $232 / 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 $21,682 $420,430 $125,362 $295,068
2023 $20,729 $352,331 $105,056 $247,275
2022 $20,729 $349,119 $104,098 $245,021
2021 $20,152 $346,108 $103,200 $242,908
2020 $19,702 $348,022 $103,771 $244,251
2019 $18,729 $341,633 $101,866 $239,767
2018 $21,374 $417,316 $147,922 $269,394
2017 $21,106 $410,340 $145,449 $264,891
2016 $21,279 $410,338 $138,444 $271,894
2015 $21,012 $386,383 $130,362 $256,021
2014 $19,842 $363,477 $117,039 $246,438
2012 $20,969 $394,787 $118,054 $276,733
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08088797

Midwest Real Estate Data (MRED)

APN: 12-31-407-004