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Mettawa 60045 Forest Haven
14390 W Forest Drive Drive
$354,500
● House - Off Market

14390 W Forest Drive Drive

Lake Forest, IL 60045
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,808 Ft²
$392,783
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Fantastic Location!!!  Nice 4 bedroom, 2/1 bath home located on a 1-acre wooded lot with tremendous potential. Family Room with brick fireplace and Pella sliders lead to the patio and extremely private wooded backyard. Large deck 14x25 perfect for your backyard BBQ. Gorgeous mature trees on all sides create much privacy. Wants to have a backyard chicken? This home is unincorporated Lake Forest. The property is being sold in "AS-IS" condition. Lots of potentials (plans to extend the home are available). Close to major highways, shopping and restaurants, Costco, Whole Foods, and Hawthorne Mall.
Unit Size
1,808 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$210
Property Type
House
Property Taxes
$678
HOA Dues
-
Year Built
1968

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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.

Last updated: 3 years ago (MRED MLS #11416754)

Price History

Date / Event Date Event Price
Aug 31, 2022 Sold
Premium
Sold
May 26, 2022 Listed by United Real Estate Elite $379,900
Listed by United Real Estate Elite

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 968
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,612
  • Lot Size Depth Feet: 2,450
  • Lot Size Frontage Feet: 1,780
  • Total Building Area: 3,216
  • Gross Building Area: 3,216
  • Building Area: 1,808
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,808
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST HAVEN SUB
  • Land Acres: 0000001001
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: FOREST HAVEN SUB LOT 40

Neighborhood

  • School District Name: Libertyville Community High School District 128
  • Census Tract: 866200

Geography

  • District: LIBERTYVILLE
  • Parcel: 11-26-404-011
  • Lot: 40
  • Municipality: TWP OF LIBERTYVILLE
  • Latitude: 42.2564
  • Longitude: -87.9131

    Address

  • Full Address: 14390 W Forest Dr
  • Address - House Number: 14390
  • Street Direction: W
  • Address - Street Name: Forest
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C005
  • 4-Digit Zip Code: 1037
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $767,862
  • Tax Rate Code Area: 11090

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 456,001
  • High Value: 526,816
  • Low Value: 385,185

    Market Valuation

  • Market Total Value: $392,193
  • Market Land Value: $163,276
  • Market Improvement Value: $228,917

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,718
  • Assessed Land Value: $54,420
  • Assessed Improvements Value: $76,298

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 29, 2022
  • Current Sale Recording Date: Sep 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7935509
  • Previous Sale Recording Date: May 08, 2007
  • Previous Sale Contract Date: Mar 30, 2007
  • Previous Sale Amount: $495,000
  • 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 Forest Haven

Stats & Trends

Median Asking:

$745,000

Sale Price/ft²

$458

Above Asking

0.00%

Average Days on Market

29

Average Home Size

1576 ft²

Average Home Age

57 years

Currently For Sale

1 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 204 N Waukegan Road, Lake Bluff, IL, 60044

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,400 ft²
204 N Waukegan Road #UPPER, Lake Bluff, IL, 60044 Listing by Sitha Thach
Unit for rent at 471 S Saint Marys Road, Mettawa, IL, 60048

$3,495 /mo

  • 3 Beds
  • 2 Baths
  • 1,738 ft²
471 S Saint Marys Road, Mettawa, IL, 60048 Listing by Cynthia Klassman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dorota Lason, United Real Estate Elite
Last Updated: 3 years ago
Data Source: MRED, MLS# 11416754
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 14390 West Forest Drive built and last sold?
The property at 14390 West Forest Drive was built in 1968 and last sold on Aug 29, 2022 for $354,500.
How much is this home worth?
The estimated value of the home located at 14390 West Forest Drive is $383,699.
What are some comparable homes to 14390 West Forest Drive?
There are currently no comparable homes to 14390 West Forest Drive.
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