1070 Meadow Ln Lake Forest, IL 60045
Estimated Value: $1,903,777 - $2,629,000
4
Beds
5
Baths
3,986
Sq Ft
$563/Sq Ft
Est. Value
About This Home
This home is located at 1070 Meadow Ln, Lake Forest, IL 60045 and is currently estimated at $2,245,194, approximately $563 per square foot. 1070 Meadow Ln is a home located in Lake County with nearby schools including Sheridan Elementary School, Deer Path Middle School East, and Lake Forest High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 19, 2022
Sold by
Clifford Miller P and Clifford Ann C
Bought by
Kern Michael and Wright Chelsay
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,200,000
Outstanding Balance
$8,521,303
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
-$6,276,109
Purchase Details
Closed on
Jun 6, 2007
Sold by
Cox A Clay and Mclean County Land Trust H-246
Bought by
Miller P Clifford and Miller Ann C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 15, 1995
Sold by
Bradford Charles K and Bradford Rita A
Bought by
Reeves Charles W and Reeves Trudy S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
7.5%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kern Michael | $1,500,000 | Chicago Title | |
| Miller P Clifford | $1,700,000 | St | |
| Reeves Charles W | $950,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kern Michael | $9,200,000 | |
| Previous Owner | Miller P Clifford | $1,190,000 | |
| Previous Owner | Reeves Charles W | $690,000 | |
| Closed | Reeves Charles W | $60,000 |
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 | $27,982 | $540,098 | $275,703 | $264,395 |
| 2023 | $26,187 | $452,616 | $231,046 | $221,570 |
| 2022 | $26,187 | $439,696 | $224,451 | $215,245 |
| 2021 | $25,458 | $435,904 | $222,515 | $213,389 |
| 2020 | $24,889 | $438,315 | $223,746 | $214,569 |
| 2019 | $23,645 | $430,269 | $219,639 | $210,630 |
| 2018 | $23,478 | $456,349 | $296,281 | $160,068 |
| 2017 | $23,255 | $448,720 | $291,328 | $157,392 |
| 2016 | $22,136 | $427,109 | $277,297 | $149,812 |
| 2015 | $21,884 | $402,174 | $261,108 | $141,066 |
| 2014 | $21,589 | $394,960 | $242,319 | $152,641 |
| 2012 | $21,163 | $398,386 | $244,421 | $153,965 |
Source: Public Records
Map
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