Seller's Agent in 2022
Houda Chedid
Compass
(847) 987-8517
33 in this area
40 Total Sales
965 E Deerpath Lake Forest, IL 60045
Estimated Value: $6,697,000 - $7,232,000
8
Beds
11
Baths
13,602
Sq Ft
$509/Sq Ft
Est. Value
Highlights
- Additional Residence on Property
- Greenhouse
- Gated Community
- Sheridan Elementary School Rated A
- In Ground Pool
- 5-minute walk to Forest Park
About This Home
As of November 2022Fairlawn , designed by Delano & Aldrich,Privately secluded Estate with a gated entrance. The symmetry of the red brick Georgian design delights on arrival. Designed in 1923 by New York-based architects, Delano and Aldrich, Fairlawn is in a category by itself. . Reflecting gracious elegance, majestic room sizes and a flowing floor plan. This magnificent residence sits on 3.16 acres of spectacular green gardens that was designed as a series of rooms. As one of the finest residences along Chicago's North Shore, Fairlawn was completed in 1925. Symmetrical scale rooms with high ceilings, cozy fireplaces, a paneled library, a sun room with beautiful murals, grand living/ball room and dining room. The third floor hosts a fun domed space. There is a new kitchen with custom cabinets & top of the line appliances, it opens up to the family room & has easy access to the pool. There are 7 car garages attached to the main house by a heated tunnel. The separate coach house includes: bedroom, bathroom, Kitchen & a living room. There is a green house. Recent updates : new boiler system, new kitchen, Bluestone patio around the pool, Ruckus Wi-Fi system throughout & hot water heaters. Fairlawn is a private retreat, located in the heart of East Lake Forest, across from the beach & the park. History :in 1857 Farwell purchased 18 acres. Fairlawn was built in 1870 by Senator Charles Benjamin Farwell who was one of Lake Forest's original settlers. 1891 the first golf game reported in the midwest teed off on a small seven hole course built on the estate front yard. In 1920: the house burned to the ground. It was rebuilt in 1923 by his daughter Grace, founder of the Chicago Arts Club. The estate has been through many changes . In 1950 the property was subdivided into 9 lots. Today Fairlawn sits on 3.16 spectacular acres.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $74,128
Year Built
- Built in 1925
Lot Details
- 3.16 Acre Lot
- Lot Dimensions are 175.4x152.1x395.1x442.8x202.9x119.8
- Landscaped Professionally
- Paved or Partially Paved Lot
Parking
- 7 Car Attached Garage
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
Home Design
- Georgian Architecture
- Brick Exterior Construction
- Slate Roof
- Concrete Perimeter Foundation
Interior Spaces
- 13,602 Sq Ft Home
- 3-Story Property
- Skylights
- Wood Burning Fireplace
- Fireplace in Grand Entry Hall
- French Doors
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Sitting Room
- Dining Room with Fireplace
- 9 Fireplaces
- Formal Dining Room
- Library with Fireplace
- Heated Sun or Florida Room
- Wood Flooring
- Pull Down Stairs to Attic
Kitchen
- Built-In Double Oven
- Cooktop with Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Bathroom on Main Level
- Dual Sinks
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Sump Pump
- Finished Basement Bathroom
- Basement Cellar
- Basement Storage
Home Security
- Home Security System
- Storm Screens
Outdoor Features
- In Ground Pool
- Balcony
- Patio
- Greenhouse
Additional Homes
- Additional Residence on Property
Schools
- Sheridan Elementary School
- Deer Path Middle School
- Lake Forest High School
Utilities
- Forced Air Zoned Heating and Cooling System
- SpacePak Central Air
- Radiator
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Recreation
- Community Pool
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2022
Closed on
Nov 1, 2022
Sold by
Kirsch William and Kirsch Dawn
Bought by
Trust No 8002382303 and Chicago Title Land Trust Company
Seller's Agent
Houda Chedid
Compass
Buyer's Agent
Dawn McKenna
Coldwell Banker Realty
List Price
$6,500,000
Sold Price
$5,650,000
Premium/Discount to List
-$850,000
-13.08%
Views
16
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
$1,278,471
Avg. Annual Appreciation
7.18%
Original Mortgage
$4,000,000
Outstanding Balance
$3,792,878
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$3,135,593
Purchase Details
Listed on
Mar 1, 2017
Closed on
Jan 17, 2018
Sold by
Marsh Miles L and Marsh Lorna A
Bought by
Kirsch William and Kirsch Dawn
Seller's Agent
Mona Hellinga
@properties Christie's International Real Estate
Buyer's Agent
Houda Chedid
Compass
List Price
$4,500,000
Sold Price
$3,725,000
Premium/Discount to List
-$775,000
-17.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Trust No 8002382303 | $5,650,000 | Chicago Title | |
| Kirsch William | $3,725,000 | Fort Dearborn Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Trust No 8002382303 | $4,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/07/2022 11/07/22 | Sold | $5,650,000 | -13.1% | $415 / Sq Ft | |
| 08/18/2022 08/18/22 | Pending | -- | -- | -- | |
| 07/14/2022 07/14/22 | For Sale | $6,500,000 | +74.5% | $478 / Sq Ft | |
| 01/17/2018 01/17/18 | Sold | $3,725,000 | -17.2% | $274 / Sq Ft | View Prior Sale |
| 12/26/2017 12/26/17 | Pending | -- | -- | -- | |
| 12/21/2017 12/21/17 | For Sale | $4,500,000 | 0.0% | $331 / Sq Ft | |
| 11/30/2017 11/30/17 | Pending | -- | -- | -- | |
| 10/03/2017 10/03/17 | Price Changed | $4,500,000 | -13.5% | $331 / Sq Ft | |
| 07/24/2017 07/24/17 | Price Changed | $5,200,000 | -11.9% | $382 / Sq Ft | |
| 03/01/2017 03/01/17 | For Sale | $5,900,000 | -- | $434 / 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 | $82,498 | $1,430,667 | $761,987 | $668,680 |
| 2023 | $76,246 | $1,318,831 | $702,422 | $616,409 |
| 2022 | $76,246 | $1,268,747 | $675,747 | $593,000 |
| 2021 | $72,468 | $1,257,804 | $669,919 | $587,885 |
| 2020 | $68,850 | $1,264,760 | $673,624 | $591,136 |
| 2019 | $68,850 | $1,241,543 | $661,258 | $580,285 |
| 2018 | $80,123 | $1,241,543 | $879,721 | $361,822 |
| 2017 | $94,748 | $1,823,283 | $865,016 | $958,267 |
| 2016 | $90,911 | $1,735,468 | $823,354 | $912,114 |
| 2015 | $89,935 | $1,634,150 | $775,286 | $858,864 |
| 2014 | $98,363 | $1,778,337 | $696,051 | $1,082,286 |
| 2012 | $96,359 | $1,793,763 | $702,089 | $1,091,674 |
Source: Public Records
Agents Affiliated with this Home
-
Houda Chedid
-
Dawn McKenna
Buyer's Agent in 2022
Dawn McKenna
Coldwell Banker Realty
(630) 686-4886
60 in this area
782 Total Sales
-
Annie Lenzke
A
Buyer Co-Listing Agent in 2022
Annie Lenzke
Coldwell Banker Realty
(847) 414-4045
28 in this area
65 Total Sales
-
Mona Hellinga
Seller's Agent in 2018
Mona Hellinga
@ Properties
(847) 814-1855
53 in this area
97 Total Sales
-
Chris Downey
Seller Co-Listing Agent in 2018
Chris Downey
Compass
(847) 441-6300
18 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11464563
APN: 12-34-102-003
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