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
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Home Values in the Area
Average Home Value in this Area
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
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
Map
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