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Lake Forest 60045 Meadowood
1191 W Deerpath Road
Photo of 1191 W Deerpath Road
Sold on Jun 22, 2012

14

Map

Photo of 1191 W Deerpath Road
Photo of 1191 W Deerpath Road
$657,000
● House - Off Market

1191 W Deerpath Road

LAKE FOREST, IL 60045
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$1,505,117
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

Beautiful colonial in desirable Meadowood area; many recent updates include spa-like bathroom, terrific family rm w/fplc , wet-bar & french drs. to tiered brick patio w/firepit. Features include newer kitchen, hardwood flrs, nice millwork, and tons of storage.  Exquisite landscaping, and circular driveway! Finished lower level. Move-in condition.  Convenient location to open lands, trails, town, schools, & shopping.
Unit Size
-
Days on Market
-
Land Size
0.50 acres
Price per sqft
-
Property Type
House
Property Taxes
$881
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,905
  • Garage Type: 1
  • Garage Square Area: 531
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,341
  • Gross Building Area: 4,341
  • Building Area: 1,905
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,905
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWOOD UNIT NO. 1
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: MEADOWOOD UNIT NO. 1 LOT 43

Neighborhood

  • School District Name: Lake Forest Community High School District 115
  • Census Tract: 863500

Geography

  • District: SHIELDS
  • Parcel: 12-31-216-001
  • Lot: 43
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2476
  • Longitude: -87.8762

    Address

  • Full Address: 1191 W Deerpath
  • Legal Unit: 1
  • Address - House Number: 1191
  • Street Direction: W
  • Address - Street Name: Deerpath
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C023
  • 4-Digit Zip Code: 1510
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,202,328
  • Tax Rate Code Area: 10014

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 798,966
  • High Value: 935,504
  • Low Value: 662,428

    Market Valuation

  • Market Total Value: $651,812
  • Market Land Value: $302,847
  • Market Improvement Value: $348,965

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,249
  • Assessed Land Value: $100,939
  • Assessed Improvements Value: $116,310

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 18, 2012
  • Current Sale Recording Date: Jul 09, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6870276
  • Previous Sale Recording Date: Nov 21, 2001
  • Previous Sale Contract Date: Oct 30, 2001
  • Previous Sale Amount: $505,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Meadowood

Stats & Trends

Median Asking:

$1,775,000

Sale Price/ft²

$434

Above Asking

0.00%

Average Days on Market

32

Average Home Size

5251 ft²

Average Home Age

51.7 years

Currently For Sale

3 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 931 Coventry Drive, IL, 60045

$10,000 /mo

  • 4 Beds
  • 3 Baths
  • 4,038 ft²
931 Coventry Drive, IL, 60045 Listing by Houda Chedid
Unit for rent at 1161 Winwood Drive, Lake Forest, IL, 60045

$9,000 /mo

  • 4 Beds
  • 4 Baths
  • 4,817 ft²
1161 Winwood Drive, Lake Forest, IL, 60045 Listing by Alissa McNicholas

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Elizabeth Jakaitis, Berkshire Hathaway HomeServices KoenigRubloff
Data Source: MRED, MLS# MRD08004138
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1191 West Deerpath Road built and last sold?
The property at 1191 West Deerpath Road was built in 1964 and last sold on Jun 18, 2012 for $657,000.
How much is this home worth?
The estimated value of the home located at 1191 West Deerpath Road is $705,990.
What are some comparable homes to 1191 West Deerpath Road?
There are currently no comparable homes to 1191 West Deerpath Road.
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