NOT LISTED FOR SALE

1011 Timber Ln Lake Forest, IL 60045

Estimated Value: $830,000 - $972,000

4 Beds
3 Baths
2,496 Sq Ft
$365/Sq Ft Est. Value

About This Home

This home is located at 1011 Timber Ln, Lake Forest, IL 60045 and is currently estimated at $912,035, approximately $365 per square foot. 1011 Timber Ln is a home located in Lake County with nearby schools including Cherokee Elementary School, Deer Path Middle School East, and Lake Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2012
Sold by
Roberts Bruce K
Bought by
Whalley Scott and Whalley Lisa P
Current Estimated Value
$912,035

Purchase Details

Closed on
Aug 16, 2004
Sold by
Whalley Richard E and Whalley Dorothy T
Bought by
Roberts Bruce K and Whalley Trust #1

Purchase Details

Closed on
Aug 15, 1996
Sold by
Elmer Russell E and Elmer Jance C
Bought by
Whalley Scott T and Whalley Lisa P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.75%

Purchase Details

Closed on
Mar 13, 1996
Sold by
Nbd Bank
Bought by
Elmer Russell E and Elmer Jance C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
8.12%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Whalley Scott -- None Available
Roberts Bruce K -- --
Whalley Scott T $415,000 Ticor Title Insurance Compan
Elmer Russell E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts Bruce K $50,000
Previous Owner Roberts Bruce K $167,000
Previous Owner Lambropoulos George $83,500
Previous Owner Whalley Scott T $332,000
Previous Owner Elmer Russell E $187,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,257 $256,350 $104,874 $151,476
2023 $12,823 $219,658 $89,863 $129,795
2022 $12,823 $219,362 $94,623 $124,739
2021 $12,118 $211,494 $91,229 $120,265
2020 $11,804 $211,939 $91,421 $120,518
2019 $11,410 $211,579 $91,266 $120,313
2018 $12,102 $235,694 $96,734 $138,960
2017 $11,884 $234,942 $96,425 $138,517
2016 $11,516 $226,058 $92,779 $133,279
2015 $11,333 $212,401 $87,174 $125,227
2014 $11,456 $217,192 $87,798 $129,394
2012 $11,068 $215,276 $87,023 $128,253
Source: Public Records

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