1120 Timber Ln Lake Forest, IL 60045
Estimated Value: $1,017,000 - $1,079,000
4
Beds
3
Baths
2,992
Sq Ft
$353/Sq Ft
Est. Value
About This Home
This home is located at 1120 Timber Ln, Lake Forest, IL 60045 and is currently estimated at $1,055,525, approximately $352 per square foot. 1120 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
May 25, 2004
Sold by
Cendant Mobility Financial Corp
Bought by
Epstein Joel and Epstein Sharon
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
$333,700
Outstanding Balance
$166,939
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$888,586
Purchase Details
Closed on
Mar 26, 2004
Sold by
Dixon James R and Dixon Helen B
Bought by
Cendant Mobility Financial Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Outstanding Balance
$166,939
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$888,586
Purchase Details
Closed on
Sep 11, 2000
Sold by
Dixon James R
Bought by
Dixon James R and Dixon Helen B
Purchase Details
Closed on
Apr 10, 2000
Sold by
Ohanlon Michael J and Ohanlon Mary B
Bought by
Dixon James R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Interest Rate
7.25%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Epstein Joel | $775,000 | Burnet Title Llc | |
| Cendant Mobility Financial Corp | $775,000 | Burnet Title Llc | |
| Dixon James R | -- | -- | |
| Dixon James R | $615,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Epstein Joel | $333,700 | |
| Previous Owner | Dixon James R | $486,000 | |
| Closed | Dixon James R | $61,500 |
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 | $15,414 | $296,543 | $111,118 | $185,425 |
| 2023 | $12,830 | $254,098 | $95,213 | $158,885 |
| 2022 | $12,830 | $219,417 | $102,513 | $116,904 |
| 2021 | $12,123 | $211,547 | $98,836 | $112,711 |
| 2020 | $11,810 | $211,992 | $99,044 | $112,948 |
| 2019 | $12,590 | $232,823 | $98,876 | $133,947 |
| 2018 | $12,458 | $244,339 | $104,800 | $139,539 |
| 2017 | $12,334 | $243,560 | $104,466 | $139,094 |
| 2016 | $11,952 | $266,458 | $100,516 | $165,942 |
| 2015 | $13,417 | $250,360 | $94,443 | $155,917 |
| 2014 | $12,485 | $236,153 | $95,118 | $141,035 |
| 2012 | $12,061 | $234,070 | $94,279 | $139,791 |
Source: Public Records
Map
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