1160 Timber Ln Lake Forest, IL 60045
Estimated Value: $951,000 - $1,113,000
4
Beds
3
Baths
2,889
Sq Ft
$364/Sq Ft
Est. Value
About This Home
This home is located at 1160 Timber Ln, Lake Forest, IL 60045 and is currently estimated at $1,050,854, approximately $363 per square foot. 1160 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
Feb 1, 2019
Sold by
Green Sonya L
Bought by
Hamlin Jeffrey L and Hamlin Marie A
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
$454,000
Outstanding Balance
$406,089
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$644,765
Purchase Details
Closed on
Mar 21, 2002
Sold by
Clifford Michael P and Clifford Paige L
Bought by
Clifford Michael Patrick and Clifford Paige Louise
Purchase Details
Closed on
Jul 30, 1998
Sold by
Bohlen Alice S
Bought by
Clifford Michael P and Clifford Paige L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.05%
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 |
---|---|---|---|
Hamlin Jeffrey L | $611,000 | Chicago Title | |
Clifford Michael Patrick | -- | -- | |
Clifford Michael P | $640,000 | First American Title |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Hamlin Jeffrey L | $454,000 | |
Previous Owner | Clifford Michael P | $200,000 | |
Previous Owner | Clifford Michael P | $315,000 |
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 | $16,172 | $310,752 | $131,375 | $179,377 |
2023 | $15,631 | $266,274 | $112,571 | $153,703 |
2022 | $15,631 | $266,145 | $118,534 | $147,611 |
2021 | $14,787 | $256,600 | $114,283 | $142,317 |
2020 | $14,391 | $257,139 | $114,523 | $142,616 |
2019 | $13,910 | $256,703 | $114,329 | $142,374 |
2018 | $14,800 | $289,283 | $121,181 | $168,102 |
2017 | $14,653 | $288,360 | $120,794 | $167,566 |
2016 | $14,201 | $277,456 | $116,226 | $161,230 |
2015 | $13,984 | $260,693 | $109,204 | $151,489 |
2014 | $14,022 | $264,489 | $109,986 | $154,503 |
2012 | $13,544 | $262,156 | $109,016 | $153,140 |
Source: Public Records
Map
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