NOT LISTED FOR SALE

1020 Timber Ln Lake Forest, IL 60045

Estimated Value: $991,000 - $1,181,000

4 Beds
4 Baths
3,485 Sq Ft
$301/Sq Ft Est. Value

Last Sold August 17, 2015

Last sale price $775,000 $222 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,879/month

4 Days on Market

Highlights

  • Second Kitchen
  • Heated Floors
  • Ranch Style House
  • Cherokee Elementary School Rated A
  • Wooded Lot
  • Heated Sun or Florida Room

About This Home

As of August 2015

Exceptionally well maintained hillside ranch in Whispering Oaks. Kitchen and baths have been updated with exquisite finishes. Hardwood floors throughout. The walk-out basement provides terrific entertainment area with bar/kitchen, four-season sun room, second family room/fireplace -- as well as 4th bedroom/office. The landscaping is stunning with a wooded privacy. Move right in and unpack! ****

Last Agent to Sell the Property

R Ann Jones

@properties Listed on: 05/01/2015

Last Buyer's Agent

Jean Anderson

Jameson Sotheby's International Realty License #475124065

Jameson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,501

Year Built

  • 1965

Lot Details

  • Dog Run
  • Wooded Lot

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Gas Log Fireplace
  • Great Room
  • Heated Sun or Florida Room
  • Storm Screens

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Steam Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,501

Year Built

1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 41-50 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Ranch
  • Type Detached: Hillside
  • Estimated Year Built: 1965
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Interior Property Features: Hardwood Floors, Heated Floors
  • Number Of Rooms: 11
  • Living Room: Dimensions: 16X21, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Walkout
  • Basement: Partially Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Steam Shower
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 23X10, On Level: Basement, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 13X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X20, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: 2nd Kitchen, Great Room, Sun/Florida Room Heated
  • Master Bedroom: Dimensions: 13X19, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Great Rm, Dimensions: 23X16, On Level: Walkout Basement, Flooring: Other
  • Additional Room 2 Name: 2nd Kitchen, Dimensions: 9X10, On Level: Walkout Basement
  • Bedroom 2: Dimensions: 12X16, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Sun/Florida Room Heated, Dimensions: 16X11, On Level: Walkout Basement, Flooring: Ceramic Tile
  • Bedroom 3: Dimensions: 12X16, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 19X13, On Level: Walkout Basement
  • Estimated Sq Ft: 3485
  • Dining Room Type: Separate
  • Family Room: Dimensions: 16X19, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Patio, Dog Run, Storms/Screens
  • Acreage: 0.4786

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Zoned

Schools

  • School District: 115
  • Elementary School: CHEROKEE ELEMENTARY SCHOOL
  • Middle School: DEER PATH MIDDLE SCHOOL
  • High School: LAKE FOREST HIGH SCHOOL
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 100' X 220' X 86.62' X 220'
  • Lot Description: Wooded
  • Parcel Identification Number: 16092100140000

Tax Info

  • Taxes: $10,631

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2015
Closed on
Aug 17, 2015
Sold by
Miller Dianna L
Bought by
Miller Teresa
Seller's Agent
R Ann Jones
@properties
Buyer's Agent
Jean Anderson
Jameson Sotheby's International Realty
List Price
$789,000
Sold Price
$775,000
Premium/Discount to List
-$14,000
-1.77%
Current Estimated Value
$1,050,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,930
Avg. Annual Appreciation
3.07%
Original Mortgage
$620,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 1998
Sold by
Miller Jonathan and Miller Dianna
Bought by
Miller Dianna L

Purchase Details

Closed on
Apr 29, 1997
Sold by
Veto Eugene R
Bought by
Miller Jonathan and Miller Dianna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

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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
Miller Teresa $775,000 Fort Dearborn Title
Miller Dianna L -- --
Miller Jonathan $495,000 Mercury Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Teresa $548,250
Closed Miller Teresa $620,000
Previous Owner Miller Dianna L $292,000
Previous Owner Miller Dianna L $297,600
Previous Owner Miller Dianna L $300,000
Previous Owner Miller Dianna L $100,000
Previous Owner Miller Dianna L $385,000
Previous Owner Miller Dianna L $50,000
Previous Owner Miller Jonathan $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2015 08/17/15 Sold $775,000 -1.8% $222 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $789,000 -- $226 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $13,501 $232,958 $96,290 $136,668
2023 $13,932 $223,568 $92,409 $131,159
2022 $13,932 $237,837 $95,475 $142,362
2021 $13,169 $229,307 $92,051 $137,256
2020 $12,825 $229,790 $92,245 $137,545
2019 $12,397 $229,400 $92,088 $137,312
2018 $10,974 $215,981 $97,606 $118,375
2017 $10,865 $215,292 $97,295 $117,997
2016 $10,528 $207,151 $93,616 $113,535
2015 $10,357 $194,636 $87,960 $106,676
2014 $10,311 $196,095 $88,589 $107,506
2012 $9,963 $194,366 $87,808 $106,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08908420

Midwest Real Estate Data (MRED)

APN: 16-09-210-014