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1490 Southwest Fork Drive

1490 Southwest Fork Drive, Lake Forest, IL 60045
Property in Fairway Estates
Sold Oct 31, 2016
$537,500
1490 Southwest Fork Drive in Lake Forest, IL was first built in 1971 and is 53 years old. Although, the building on the property was most recently renovated and altered in 1974. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1490 Southwest Fork Drive has 3,000 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 43,124 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a attached garage. The garage is 462 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1490 Southwest Fork Drive sold most recently in Oct 27, 2016 for a total of $537,500. If you work out the math, that's approximately a cost of $112.05 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,370 in taxes each year. 1490 Southwest Fork Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $234,158. If we break it down further, the land itself was valued at $87,622. Improvements to the property, however, were assessed at a total of $146,536. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,335
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,124
  • Total Building Area: 4,797
  • Gross Building Area: 4,797
  • Building Area: 3,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PERCY WILSONS FAIRWAY ESTATES
  • Land Acres: 0.99
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PERCY WILSONS FAIRWAY ESTATES LOT 49

Ownership

  • Current Owner : VARTIC STELA
  • Previous Owner : SEVERNS SHIRLEY KAY
  • Previous Owner 2: THE SHIRLEY KAY SEVERNS TRUST
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lake Forest Community High School District 115
  • Census Tract: 866200

Geography

  • Assessors Map Reference: 2702-E1
  • District: VERNON
  • Parcel: 15-12-401-016
  • Lot: 49
  • Municipality: TWP OF VERNON
  • Latitude: 42.2131
  • Longitude: -87.8932

    Address

  • Full Address: 1490 S West Fork Dr
  • Address - House Number: 1490
  • Street Direction: S
  • Address - Street Name: West Fork
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C021
  • 4-Digit Zip Code: 3541
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,370
  • Tax Rate Code Area: 16037

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 791,495
  • High Value: 926,756
  • Low Value: 656,234

    Market Valuation

  • Market Total Value: $702,544
  • Market Land Value: $262,892
  • Market Improvement Value: $439,652

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,158
  • Assessed Land Value: $87,622
  • Assessed Improvements Value: $146,536

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 27, 2016
  • Current Sale Recording Date: Oct 31, 2016
  • Current Sale Transaction ID: 1857032893
  • Current Sale Price: $537,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 7343001

    Last Sale Mortgage

  • First Mortgage Lender: ROM INVESTMENT HOLDINGS S A R
  • First Mortgage Transaction Date: Oct 31, 2016
  • First Mortgage Loan Amount: $535,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Fairway Estates



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Frequently Asked Questions

What neighborhood is 1490 Southwest Fork Drive located in?
The 1490 Southwest Fork Drive is a located in the neighborhood of Fairway Estates in Fairway Estates, Lake Forest.
What is the average sales price for listings in 1490 Southwest Fork Drive?
The average sales price for units in 1490 Southwest Fork Drive is $0 currently.

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