NOT LISTED FOR SALE

1047 Cedar Ln Northbrook, IL 60062

Estimated Value: $563,000 - $602,000

3 Beds
2 Baths
1,332 Sq Ft
$433/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $437,500 $328 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,866/month

21 Days on Market

Highlights

  • Attached Garage
  • Property is near a bus stop
  • 2-minute walk to Cedar Lane Tot Lot
  • Greenbriar Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of November 2018

BEAUTIFULLY MAINTAINED HOME IN THE HEART OF NORTHBROOK'S HIGHLANDS NEIGHBORHOOD. DESIRABLE RANCH HOME WITH MANY UPDATES INCLUDING NEWER WINDOWS, HVAC, BATHROOMS, KITCHEN, PAINT AND LANDSCAPING. CHARMING AND MODERN UPDATES THROUGHOUT. MASTER BEDROOM WITH ACCESS TO PRIVATE PATIO. FIND ADDITIONAL SQUARE FOOTAGE WITH THE FULLY FINISHED BASEMENT THAT INCLUDES A REC ROOM/LIVING ROOM, WET BAR AND LOTS OF STORAGE. EXPANSIVE BACKYARD WITH TONS OF PRIVACY AND BEAUTIFUL LANDSCAPING MAKES IT GREAT FOR ENTERTAINING. AWARD WINNING SCHOOL DISTRICT AND LOWER TAXES. WALKING DISTANCE TO DOWNTOWN NORTHBROOK AMENITIES INCLUDING LIBRARY, DINING AND SHOPPING. A MUST SEE!

Last Agent to Sell the Property

Andrew Lichterman

Property Economics Inc. License #475135663 Listed on: 10/03/2018

Co-Listed By

AJ|Abhijit Leekha

Property Economics Inc. License #471009447

Last Buyer's Agent

Arielle Cohen

@properties Christie's International Real Estate License #475142160

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • 1963

Lot Details

  • 0.26

Parking

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

Home Design

  • Brick Exterior Construction

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near a bus stop

Listing and Financial Details

  • $500 Seller Concession

Home Details

Home Type

Single Family

Year Built

1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Interstate Access
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 1 Story
  • Estimated Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 15X14, On Level: Main Level
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: CO Detectors, Sump Pump
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 11X9, On Level: Main Level
  • Kitchen Type: Dimensions: 15X10, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X11, On Level: Main Level
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level
  • Bedroom 3: Dimensions: 11X9, On Level: Main Level
  • Estimated Sq Ft: 1332

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.2603

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 28

Lot Info

  • Lot Dimensions: 60X183X59X179
  • Parcel Identification Number: 04092010660000

Tax Info

  • Taxes: 5944.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2018
Closed on
Nov 26, 2018
Sold by
Nielsen Jon and Nielsen Anne
Bought by
Turover David and Turover Suzanne
Seller's Agent
Andrew Lichterman
Property Economics Inc.
Buyer's Agent
Arielle Cohen
@properties Christie's International Real Estate
List Price
$449,900
Sold Price
$437,500
Premium/Discount to List
-$12,400
-2.76%
Current Estimated Value
$576,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,295
Avg. Annual Appreciation
3.97%
Original Mortgage
$297,500
Outstanding Balance
$262,471
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$314,324

Purchase Details

Closed on
Apr 28, 2006
Sold by
Orticelli John R and Orticelli Kristina H
Bought by
Nielsen Jon and Nielsen Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 31, 1995
Sold by
Swenson Ronald E and Swenson Judith
Bought by
Orticelli John R and Orticelli Kristina H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.51%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Turover David $437,500 Attorneys Title Guaranty Fun
Nielsen Jon -- Attorneys Title Guaranty Fun
Orticelli John R $202,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turover David $297,500
Previous Owner Nielsen Jon $410,000
Previous Owner Orticelli John R $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2018 11/26/18 Sold $437,500 -2.8% $328 / Sq Ft
10/24/2018 10/24/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $449,900 -- $338 / 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 $10,123 $44,312 $14,742 $29,570
2023 $10,415 $44,312 $14,742 $29,570
2022 $10,415 $47,000 $14,742 $32,258
2021 $8,182 $32,753 $11,907 $20,846
2020 $8,456 $34,540 $11,907 $22,633
2019 $8,210 $37,956 $11,907 $26,049
2018 $6,268 $30,201 $10,489 $19,712
2017 $6,120 $30,201 $10,489 $19,712
2016 $5,944 $30,201 $10,489 $19,712
2015 $6,036 $28,102 $8,788 $19,314
2014 $5,778 $28,102 $8,788 $19,314
2013 $5,587 $28,102 $8,788 $19,314
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10101225

Midwest Real Estate Data (MRED)

APN: 04-09-201-066-0000