See Home Value
$1,795,000
● House - Off Market

1201 Melody Road

Lake Forest, IL 60045
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5,297 Ft²
$11,241
Est. Monthly
1.04%
Cap Rate

About This Property

Welcome to this impeccably maintained and updated traditional brick home, nestled on manicured 1.84 acres of lush landscape. Boasting 5,297 square feet of luxurious living space, this residence offers 5 bedrooms, 4.1 bathrooms, a convenient 3-car attached garage, and a new fabulous DaVinci synthetic slate roof installed in 2023. Step inside to discover the timeless elegance of this home, highlighted by high ceilings, four inviting fireplaces, and newly refinished hardwood floors that grace the entirety of the first floor. Indulge in the charm of the formal dining room and living room, seamlessly connected to a delightful sunroom adorned with a see-thru fireplace, perfect for year-round enjoyment. The heart of the home lies in its newly renovated gourmet kitchen, featuring sleek contemporary cabinetry, quartz countertops, and top-of-the-line stainless steel appliances, including double Wolf oven, Wolf stovetop, SubZero refrigerator, and Bosch dishwasher. Entertain effortlessly as the kitchen flows into a spacious family room, offering access to a large deck with a fire pit and a 16 x 16 foot gazebo, ideal for alfresco dining and cherished family moments. A first-floor office and ensuite bedroom provide versatile spaces for work or guest accommodations, while the second floor hosts 4 bedrooms and 3 beautifully updated full bathrooms, including a spectacular primary retreat with 2 walk-in closets, runway lighting in the ceiling, and a luxurious private bathroom featuring a separate soaking tub, shower, and double vanity. The finished basement offers additional living space with a large recreation room and ample storage options. Conveniently located with easy access to the Open Lands and historic downtown Lake Forest, this home offers the perfect blend of serenity and accessibility. Don't miss the opportunity to make this move-in ready residence your own!  Sold during processing.
Unit Size
5,297 Ft²
Days on Market
-
Land Size
1.84 acres
Price per sqft
$339
Property Type
House
Property Taxes
$2,427
HOA Dues
-
Year Built
1987

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Last updated: 3 years ago (MRED MLS #11974339)

Price History

Date / Event Date Event Price
Aug 14, 2024 Sold
Sold
May 30, 2024 Listed by @properties Christie's International Real Estate $1,795,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,741
  • Garage Type: 1
  • Garage Square Area: 888
  • Parking Space Count: 4
  • Patio Type: 3
  • Porch Type: 102
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 80,068
  • Total Building Area: 7,926
  • Gross Building Area: 7,926
  • Building Area: 5,297
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 5,297
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DIEU FORET SUB
  • Land Acres: 0000001838
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: DIEU FORET SUB; LOT 7

Neighborhood

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

Geography

  • Assessors Map Reference: 2649-B4
  • District: SHIELDS
  • Parcel: 12-31-408-001
  • Lot: 7
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2422
  • Longitude: -87.8763

    Address

  • Full Address: 1201 Melody Rd
  • Address - House Number: 1201
  • Address - Street Name: Melody
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C023
  • 4-Digit Zip Code: 1500
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,911,996
  • Tax Rate Code Area: 10014

    Appraisal Valuation

  • Standard Deviation: 0.1985
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 1,619,989
  • High Value: 1,941,718
  • Low Value: 1,298,260

    Market Valuation

  • Market Total Value: $1,492,433
  • Market Land Value: $438,767
  • Market Improvement Value: $1,053,666

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $497,428
  • Assessed Land Value: $146,241
  • Assessed Improvements Value: $351,187

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: Nov 09, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7841952
  • Previous Sale Recording Date: Oct 24, 2016
  • Previous Sale Contract Date: Sep 30, 2016
  • Previous Sale Amount: $1,209,502
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Newell's Reserve


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1070 Winwood Drive, Lake Forest, IL, 60045

$3,800 /mo

  • 3 Beds
  • 1,796 ft²
1070 Winwood Drive, Lake Forest, IL, 60045 Listing by Sitha Thach


Frequently Asked Questions

When was property at 1201 Melody Road built and last sold?
The property at 1201 Melody Road was built in 1987 and last sold on May 24, 2021 for $1,335,000.
How much is this home worth?
The estimated value of the home located at 1201 Melody Road is $1,812,950.
What are some comparable homes to 1201 Melody Road?
There are currently no comparable homes to 1201 Melody Road.