882 Cherokee Rd Lake Forest, IL 60045
Estimated Value: $998,209 - $1,214,000
5
Beds
3
Baths
3,172
Sq Ft
$348/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Landscaped Professionally
- Wooded Lot
- Cherokee Elementary School Rated A
- Recreation Room
- Wood Flooring
About This Home
As of May 2016Well maintained, ideally located Colonial in desirable Whispering Oaks neighborhood with over 3,000 sq ft of sunny living space. Hardwood floors and spacious rooms, including 5 bedrooms upstairs and sparkling updated baths. Kitchen with charming eating area, stainless steel appliances and granite countertops. Four season sunroom with walls of windows opens to brick paver patio and wooded backyard. Some of the numerous recent updates include a newly created mudroom, new hardware and hinges on every door and closet, fresh paint, new refrigerator, new ceiling fans in all bedrooms and a new security system.
Last Listed By
Jameson Sotheby's International Realty License #475124065 Listed on: 03/10/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,652
Year Built
- 1964
Lot Details
- Landscaped Professionally
- Wooded Lot
Parking
- Detached Garage
- Driveway
- Garage Is Owned
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Cedar
Interior Spaces
- Wood Burning Fireplace
- Mud Room
- Recreation Room
- Heated Sun or Florida Room
- Wood Flooring
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Storm Screens
Kitchen
- Breakfast Bar
- Double Oven
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Brick Porch or Patio
Utilities
- Forced Air Heating and Cooling System
- Baseboard Heating
- Heating System Uses Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2016
Closed on
May 19, 2016
Sold by
Zelken David E and Zelken Rebecca L
Bought by
Weiss Michael S
Seller's Agent
Jean Anderson
Jameson Sotheby's International Realty
Buyer's Agent
Laura Fitzpatrick
@properties Christie's International Real Estate
List Price
$810,000
Sold Price
$780,000
Premium/Discount to List
-$30,000
-3.7%
Total Days on Market
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,802
Avg. Annual Appreciation
3.93%
Original Mortgage
$546,000
Outstanding Balance
$438,353
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$666,449
Purchase Details
Listed on
May 29, 2015
Closed on
Jun 30, 2015
Sold by
Powell Charles E and Powell Mary Lou
Bought by
Zelken David E and Zelken Rebecca L
Seller's Agent
Lori Baker
Compass
Buyer's Agent
Jean Anderson
Jameson Sotheby's International Realty
List Price
$799,000
Sold Price
$760,000
Premium/Discount to List
-$39,000
-4.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%
Original Mortgage
$417,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Lake Forest, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Weiss Michael S | $780,000 | Fort Dearborn Title | |
| Zelken David E | $760,000 | Ct |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Weiss Michael S | $546,000 | |
| Previous Owner | Zelken David E | $417,000 | |
| Previous Owner | Powell Charles E | $306,000 | |
| Previous Owner | Powell Charles E | $175,950 | |
| Previous Owner | Powell Charles E | $174,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2016 05/20/16 | Sold | $780,000 | -3.7% | $246 / Sq Ft |
| 03/11/2016 03/11/16 | Pending | -- | -- | -- |
| 03/10/2016 03/10/16 | For Sale | $810,000 | +6.6% | $255 / Sq Ft |
| 06/30/2015 06/30/15 | Sold | $760,000 | -4.9% | $238 / Sq Ft |
| 06/01/2015 06/01/15 | Pending | -- | -- | -- |
| 05/29/2015 05/29/15 | For Sale | $799,000 | -- | $250 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $15,652 | $301,425 | $111,166 | $190,259 |
| 2023 | $14,992 | $258,281 | $95,254 | $163,027 |
| 2022 | $14,992 | $255,840 | $100,298 | $155,542 |
| 2021 | $14,169 | $246,664 | $96,701 | $149,963 |
| 2020 | $13,801 | $247,184 | $96,905 | $150,279 |
| 2019 | $13,339 | $246,765 | $96,741 | $150,024 |
| 2018 | $7,451 | $272,675 | $102,538 | $170,137 |
| 2017 | $13,774 | $271,805 | $102,211 | $169,594 |
| 2016 | $13,349 | $261,527 | $98,346 | $163,181 |
| 2015 | $12,888 | $245,726 | $92,404 | $153,322 |
| 2014 | $12,933 | $249,464 | $93,065 | $156,399 |
| 2012 | $12,757 | $247,263 | $92,244 | $155,019 |
Source: Public Records
Agents Affiliated with this Home
-
Jean Anderson
Seller's Agent in 2016
Jean Anderson
Jameson Sotheby's International Realty
(847) 254-1850
134 Total Sales
-
Donna Mancuso
Seller Co-Listing Agent in 2016
Donna Mancuso
Jameson Sotheby's International Realty
(847) 347-8245
97 Total Sales
-
Laura Fitzpatrick
Buyer's Agent in 2016
Laura Fitzpatrick
@ Properties
(312) 217-6483
205 Total Sales
-
Lori Baker
Seller's Agent in 2015
Lori Baker
Compass
(847) 863-1791
167 Total Sales
-
Alissa McNicholas
Seller Co-Listing Agent in 2015
Alissa McNicholas
Compass
(847) 530-3098
166 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09161572
APN: 16-09-206-008
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