$805,000
SOLD JUN 26, 2015

1029 Timber Ln Lake Forest, IL 60045

4 Beds
3 Baths
3,371 Sq Ft
0.51 Acres

Recently Sold

$239 Per Sq Ft

5% Below List Price

255 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Cherokee Elementary School Rated A
  • Vaulted Ceiling
  • Home Office

About This Home

As of December 2018

Poised on over 1/2 acre this beautifully updated center entrance Colonial is located in sought-after Whispering Oaks. Dream kitchen with large island and high end S/S appliances. Adjacent keeping room with fireplace. First floor office. Fantastic great Room with soaring high ceilings and french doors to large private backyard. Updated bathrooms and finished basement.

Last Agent to Sell the Property

Mary Pat Lundgren

Berkshire Hathaway HomeServices Chicago Listed on: 08/11/2014

Last Buyer's Agent

Houda Chedid

Compass License #471005938

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,717

Year Built

  • 1964

Lot Details

  • East or West Exposure

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Home Office
  • Wood Flooring
  • Partially Finished Basement
  • Partial Basement
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,717

Year Built

1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1964
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1964

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors
  • Number Of Rooms: 9
  • Living Room: Dimensions: 30X14, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Freezer, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Sump Pump, Sprinkler-Lawn
  • Fireplace Details: Wood Burning, Gas Logs
  • Fireplace Location: Family Room, Living Room
  • Basement: Partial
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 15X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 24X14, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Butler, Pantry-Closet, Pantry-Walk-in
  • Additional Rooms: Office
  • Master Bedroom: Dimensions: 14X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Office, Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 14X13, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 14X13, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 14X12, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 3371
  • Dining Room Type: Separate
  • Family Room: Dimensions: 34X21, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Patio, Storms/Screens
  • Exposure: W (West)
  • Acreage: 0.5167

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

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: 100X210X113X223
  • Parcel Identification Number: 16092110040000

Tax Info

  • Taxes: 12938.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2018
Sold by
Canavaggio Sandra and Friend Matthew
Bought by
Pasinato Julie and Pasinato Robert
Total Days on Market
255
Current Estimated Value
$1,049,352

Purchase Details

Listed on
Aug 11, 2014
Closed on
Jun 2, 2015
Sold by
Cameron Robert H and Cameron Mary H
Bought by
Canavaggio Sandra
Seller's Agent
Mary Pat Lundgren
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Houda Chedid
Compass
List Price
$849,000
Sold Price
$805,000
Premium/Discount to List
-$44,000
-5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%
Original Mortgage
$400,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2002
Sold by
Terry Margaret R
Bought by
Cameron Robert H and Cameron Mary H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,400
Interest Rate
6.07%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $652,000 Global American Title
Warranty Deed $805,000 Chicago Title Insurance Co
Deed $738,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 New Conventional
Previous Owner $577,000 New Conventional
Previous Owner $506,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $582,000 Unknown
Previous Owner $590,000 Unknown
Previous Owner $590,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2018 12/05/18 Sold $652,000 -9.3% $193 / Sq Ft
10/18/2018 10/18/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $719,000 -10.7% $213 / Sq Ft
06/26/2015 06/26/15 Sold $805,000 -5.2% $239 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
01/19/2015 01/19/15 Price Changed $849,000 0.0% $252 / Sq Ft
01/19/2015 01/19/15 For Sale $849,000 +5.5% $252 / Sq Ft
12/23/2014 12/23/14 Off Market $805,000 -- --
10/16/2014 10/16/14 Price Changed $879,000 -1.8% $261 / Sq Ft
08/11/2014 08/11/14 For Sale $895,000 -- $265 / 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 $15,717 $302,219 $104,874 $197,345
2023 $15,155 $258,962 $89,863 $169,099
2022 $15,155 $258,193 $94,623 $163,570
2021 $14,322 $248,932 $91,229 $157,703
2020 $13,953 $249,456 $91,421 $158,035
2019 $13,487 $249,033 $91,266 $157,767
2018 $14,025 $274,403 $96,734 $177,669
2017 $13,886 $273,527 $96,425 $177,102
2016 $13,457 $263,184 $92,779 $170,405
2015 $13,248 $247,284 $87,174 $160,110
2014 -- $244,118 $87,798 $156,320
2012 $12,478 $241,964 $87,023 $154,941
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08698037

Midwest Real Estate Data (MRED)

APN: 16-09-211-004