$760,000
SOLD JUN 30, 2015

882 Cherokee Rd Lake Forest, IL 60045

5 Beds
3 Baths
3,200 Sq Ft
0.5 Acres

Recently Sold

$238 Per Sq Ft

5% Below List Price

3 Days on Market

Highlights

  • Landscaped Professionally
  • Recreation Room
  • Wood Flooring
  • Cherokee Elementary School Rated A
  • Wooded Lot
  • Sun or Florida Room

About This Home

As of May 2016

A handsome home, meticulously maintained on 1/2 acre enjoys grand spacious rooms in the much sought after Whispering Oaks neighborhood. 5 bedrooms all located on the second floor, combined with a first floor office and laundry, make this home a unique offering. Hardwood floors, new roof, many new interior updates and the ability to walk to school and train. Priced to sell and quick possession is possible. A perfect 10!

Last Agent to Sell the Property

Lori Baker

Compass License #475134193

Compass

Co-Listed By

Alissa McNicholas

Compass License #475134192

Last Buyer's Agent

Jean Anderson

Jameson Sotheby's International Realty License #475124065

Jameson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,652

Year Built

  • 1964

Lot Details

  • East or West Exposure
  • Landscaped Professionally
  • Wooded Lot

Parking

  • Attached Garage
  • Parking Available
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Wood Burning Fireplace
  • Library
  • Recreation Room
  • Sun or Florida Room
  • Wood Flooring
  • 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

Partially Finished Basement

  • Partial Basement
  • Exterior Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • Brick Porch or Patio
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,652

Year Built

1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1964
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1964

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 11
  • Living Room: Dimensions: 24X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, TV-Cable, CO Detectors, Sump Pump
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Partially Finished, Exterior Access
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 8X6, On Level: Main Level, Flooring: Hardwood
  • Dining Room: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 19X12, On Level: Main Level, Flooring: Marble
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: 5th Bedroom, Library, Recreation Room, Sun/Florida Room
  • Master Bedroom: Dimensions: 19X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 15X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 2 Name: Library, Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 15X15, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Sunroom, Dimensions: 23X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: Recreation Rm, Dimensions: 34X15, On Level: Lower, Flooring: Carpet
  • Bedroom 4: Dimensions: 15X14, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 3200
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X14, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick, Cedar, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch, Brick Paver Patio, Storms/Screens
  • Exposure: E (East)
  • Acreage: 0.5

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage, Space/s
  • Parking Details: Side Apron
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Baseboard, Radiant

Schools

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

Lot Info

  • Lot Dimensions: 106X203X105X202
  • Lot Description: Landscaped Professionally, Wooded
  • Parcel Identification Number: 16092060080000

Tax Info

  • Taxes: 13311

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
3
Current Estimated Value
$1,104,802

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

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $780,000 Fort Dearborn Title
Warranty Deed $760,000 Ct
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $546,000 New Conventional
Previous Owner $417,000 Adjustable Rate Mortgage/ARM
Previous Owner $306,000 Credit Line Revolving
Previous Owner $175,950 Unknown
Previous Owner $174,000 Stand Alone First
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

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

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08936933

Midwest Real Estate Data (MRED)

APN: 16-09-206-008