1070 Timber Ln Lake Forest, IL 60045
Estimated Value: $725,000 - $895,000
4
Beds
3
Baths
1,910
Sq Ft
$430/Sq Ft
Est. Value
About This Home
This home is located at 1070 Timber Ln, Lake Forest, IL 60045 and is currently estimated at $820,796, approximately $429 per square foot. 1070 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
Jun 15, 2018
Sold by
Mcnicholas Christopher M and Mcnicholas Angela
Bought by
Daly Cullen Christian Frederick Landis and Daly Cullen
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
$640,000
Outstanding Balance
$551,863
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$268,933
Purchase Details
Closed on
Dec 19, 2017
Sold by
Gladstone Alyssa and Gladstone Arthur
Bought by
Mcnicholas Christopher M and Mcnicholas Angela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 14, 1997
Sold by
The Northern Trust Company
Bought by
Gladstone Arthur and Gladstone Maxine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.81%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Daly Cullen Christian Frederick Landis | $800,000 | Burnet Title | |
| Mcnicholas Christopher M | $419,000 | Baird & Warner Title Service | |
| Gladstone Arthur | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Daly Cullen Christian Frederick Landis | $640,000 | |
| Previous Owner | Mcnicholas Christopher M | $398,000 | |
| Previous Owner | Gladstone Arthur | $175,000 |
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 | $12,122 | $228,892 | $93,714 | $135,178 |
| 2023 | $12,140 | $201,528 | $82,511 | $119,017 |
| 2022 | $12,140 | $207,985 | $86,882 | $121,103 |
| 2021 | $11,471 | $200,526 | $83,766 | $116,760 |
| 2020 | $11,174 | $200,948 | $83,942 | $117,006 |
| 2019 | $10,802 | $200,607 | $83,800 | $116,807 |
| 2018 | $7,558 | $175,072 | $88,821 | $86,251 |
| 2017 | $6,188 | $174,514 | $88,538 | $85,976 |
| 2016 | $8,216 | $167,915 | $85,190 | $82,725 |
| 2015 | $8,059 | $157,770 | $80,043 | $77,727 |
| 2014 | $9,076 | $178,368 | $80,617 | $97,751 |
| 2012 | $8,832 | $176,795 | $79,906 | $96,889 |
Source: Public Records
Map
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