Lisa & Alan Williams Sell Lake Forest Single Family Home For $2.75M
1660 Paddock Lane
$2,750,000
$618/SF
Building Size
4,450 SF
Asset Type
Single Family
Closing
Apr 12, 2024
AI
The single-family property located at 1660 Paddock Lane in Lake Forest spans 1.38 acres. The 4,450-square-foot home was sold for $2.75 million to Lisa & Alan Williams. The property underwent a complete remodel after being purchased for $2.24 million in 2022, featuring amenities like a heated swimming pool, outdoor fireplace, and Sonos sound system.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,750,000
- Address: 1660 Paddock Lane
- Market: Lake Forest
- Size: 4,450 square feet
- Price per Square Foot: $618
Kati Spaniak and Warrick Bell from EXP Realty represented Lisa & Alan Williams in the sale of the property. Former Chicago Bears defensive coordinator Alan Williams and his wife, Lisa, were the sellers of this Lake Forest residence.
Players
Lake Forest Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.77%
Cash-on-Cash
-1.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93