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1660 Paddock Lane

Lisa & Alan Williams Sell Lake Forest Single Family Home For $2.75M
SOLDSingle Family

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

Kati Spaniak

EXP Realty

Broker

$2.8M

vol

1 deal

Broker

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