NOT LISTED FOR SALE

1041 Timber Ln Lake Forest, IL 60045

Estimated Value: $1,058,000 - $1,416,000

5 Beds
5 Baths
4,367 Sq Ft
$290/Sq Ft Est. Value

About This Home

This home is located at 1041 Timber Ln, Lake Forest, IL 60045 and is currently estimated at $1,266,738, approximately $290 per square foot. 1041 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
Aug 14, 2019
Sold by
Ritter Mary S
Bought by
Ritter Mary S and Mary S Ritter Trust
Current Estimated Value
$1,266,738
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
Ritter Mary S -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ritter Thomas $417,000
Closed Ritter Thomas $300,000
Closed Ritter Thomas $400,000
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 $19,144 $375,477 $129,910 $245,567
2023 $18,501 $321,735 $111,316 $210,419
2022 $18,501 $318,916 $117,212 $201,704
2021 $17,476 $307,478 $113,008 $194,470
2020 $17,026 $308,125 $113,246 $194,879
2019 $16,459 $307,602 $113,054 $194,548
2018 $13,934 $343,043 $118,740 $224,303
2017 $17,174 $341,949 $118,361 $223,588
2016 $16,638 $329,018 $113,885 $215,133
2015 $16,370 $309,141 $107,005 $202,136
2014 $13,946 $263,095 $107,769 $155,326
2012 $13,471 $260,774 $106,818 $153,956
Source: Public Records

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