980 Mellody Rd Lake Forest, IL 60045
3
Beds
2.5
Baths
2,136
Sq Ft
0.79
Acres
Highlights
- 0.79 Acre Lot
- Recreation Room
- Corner Lot
- Deer Path Middle School East Rated A
- Ranch Style House
- 2 Car Attached Garage
About This Home
As of September 2024EXCEPTIONAL OPPORTUNITY IN LAKE FOREST ON OVER THREE-QUARTERS OF AN ACRE LOT. THIS RANCH HOME IS CURRENTLY UNDERGOING EXTENSIVE RENOVATIONS AND PRESENTS AN OPPORTUNITY FOR DISCERNING BUYERS CRAVING A CUSTOMIZABLE DREAM HOME. THIS IS YOUR OPPORTUNITY TO WORK ALONGSIDE A QUALIFIED & METICULOUS DESIGNER. YOU CAN EXPECT SOPHISTICATED STYLES & MODERN DETAILS, HIGH-END FINISHES & INCREDIBLE ATTENTION TO DETAILS. BRING YOUR IDEAS OR CHOOSE FROM DESIGNS. OPTIONS TO EXPAND THE FLOOR PLAN ARE AVAILABLE. PERMITTING WITH THE CITY OF LAKE FOREST IS UNDERWAY YET THERE IS STILL TIME TO MAKE YOUR VERY OWN CUSTOM DESIGN CHOICES. PRICE LISTED IS BASE PRICE. FINAL PRICE IS DEPENDENT ON BUYER'S SELECTIONS. ALSO AN OPTION TO BUY AS-IS WITH ARCHITECTURAL DRAWINGS. CONTACT LISTING AGENT FOR DRAWINGS AND FLOOR PLANS.
Last Agent to Sell the Property
Exit Strategy Realty License #471015686 Listed on: 02/23/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,182
Year Built
- Built in 1956
Lot Details
- 0.79 Acre Lot
- Lot Dimensions are 147x136x122x188
- Corner Lot
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Space is Owned
Home Design
- Ranch Style House
- Brick or Stone Mason
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,136 Sq Ft Home
- Living Room with Fireplace
- Recreation Room
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Outdoor Features
- Patio
Schools
- Everett Elementary School
- Deer Path Middle School
- Lake Forest High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2024
Closed on
Sep 17, 2024
Sold by
J Harris Enterprises Llc
Bought by
Karzatron Holdings Llc
Seller's Agent
Kelly Ipjian
Exit Strategy Realty
Buyer's Agent
Boguslaw Rola
Arc Red Inc Arc Realty Group
List Price
$534,900
Sold Price
$440,000
Premium/Discount to List
-$94,900
-17.74%
Views
479
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
$276,535
Avg. Annual Appreciation
72.99%
Purchase Details
Closed on
Sep 15, 2023
Sold by
Harris Jack
Bought by
J Harris Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
1.12%
Mortgage Type
Balloon
Purchase Details
Listed on
May 16, 2023
Closed on
Jun 5, 2023
Sold by
Carol Marwede Trust
Bought by
Harris Jack
Seller's Agent
Maureen O'Grady-Tuohy
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Kelly Ipjian
Exit Strategy Realty
List Price
$450,000
Sold Price
$450,000
Views
312
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.11%
Purchase Details
Closed on
Nov 8, 2002
Sold by
Marwede Alfred W and Marwede Carol
Bought by
Marwede Carol and The Carol Marwede Trust
Similar Homes in the area
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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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $440,000 | Greater Illinois Title | |
| Quit Claim Deed | -- | Community Title Company | |
| Warranty Deed | $450,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $765,000 | Balloon | |
| Previous Owner | $110,000 | Credit Line Revolving | |
| Previous Owner | $110,000 | Credit Line Revolving | |
| Previous Owner | $110,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2024 09/25/24 | Sold | $440,000 | -11.8% | $206 / Sq Ft |
| 08/15/2024 08/15/24 | Pending | -- | -- | -- |
| 08/13/2024 08/13/24 | Price Changed | $499,000 | -6.7% | $234 / Sq Ft |
| 08/03/2024 08/03/24 | For Sale | $534,900 | 0.0% | $250 / Sq Ft |
| 07/27/2024 07/27/24 | Pending | -- | -- | -- |
| 05/31/2024 05/31/24 | Price Changed | $534,900 | -2.7% | $250 / Sq Ft |
| 04/24/2024 04/24/24 | Price Changed | $549,900 | 0.0% | $257 / Sq Ft |
| 04/24/2024 04/24/24 | For Sale | $549,900 | -12.0% | $257 / Sq Ft |
| 04/01/2024 04/01/24 | Pending | -- | -- | -- |
| 02/23/2024 02/23/24 | For Sale | $625,000 | +38.9% | $293 / Sq Ft |
| 06/05/2023 06/05/23 | Sold | $450,000 | 0.0% | $211 / Sq Ft |
| 05/20/2023 05/20/23 | Pending | -- | -- | -- |
| 05/16/2023 05/16/23 | For Sale | $450,000 | -- | $211 / 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 | $13,086 | $234,075 | $118,289 | $115,786 |
| 2023 | $12,182 | $215,777 | $109,042 | $106,735 |
| 2022 | $12,182 | $207,583 | $104,901 | $102,682 |
| 2021 | $11,841 | $205,792 | $103,996 | $101,796 |
| 2020 | $11,578 | $206,930 | $104,571 | $102,359 |
| 2019 | $11,009 | $203,131 | $102,651 | $100,480 |
| 2018 | $9,571 | $189,316 | $113,221 | $76,095 |
| 2017 | $9,415 | $186,151 | $111,328 | $74,823 |
| 2016 | $9,021 | $177,185 | $105,966 | $71,219 |
| 2015 | $8,884 | $166,841 | $99,780 | $67,061 |
| 2014 | $8,835 | $165,143 | $89,582 | $75,561 |
| 2012 | $8,671 | $166,575 | $90,359 | $76,216 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Ipjian
Seller's Agent in 2024
Kelly Ipjian
Exit Strategy Realty
(224) 384-5224
2 in this area
29 Total Sales
-
Boguslaw Rola
B
Buyer's Agent in 2024
Boguslaw Rola
Arc Red Inc Arc Realty Group
(773) 716-4900
3 in this area
48 Total Sales
-
Maureen O'Grady-Tuohy
Seller's Agent in 2023
Maureen O'Grady-Tuohy
Berkshire Hathaway HomeServices Chicago
(847) 845-6444
86 in this area
157 Total Sales
-
Seamus Tuohy
S
Seller Co-Listing Agent in 2023
Seamus Tuohy
Berkshire Hathaway HomeServices Chicago
(847) 293-7792
14 in this area
32 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11988645
APN: 12-31-404-006
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