NOT LISTED FOR SALE

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
$1,047,265

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%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
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

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 $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

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