NOT LISTED FOR SALE

1172 Timber Ln Lake Forest, IL 60045

Estimated Value: $762,000 - $938,000

4 Beds
3 Baths
1,889 Sq Ft
$434/Sq Ft Est. Value

Last Sold December 19, 2019

Last sale price $425,000 $225 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,206/month

44 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Corner Lot
  • Cherokee Elementary School Rated A
  • Wood Flooring
  • Home Office

About This Home

As of December 2019

Desirable Whispering Oaks home across from Old Elm Golf Course on a large secluded and wooded lot ! Step into the front entry of this home and prepare to be impressed with the amount of space. Hardwood flooring, open concept formal living room and dining room, and stunning updated eat in kitchen featuring Stainless Steel appliances and Granite Counter tops. Four bedrooms on the second level, all with hardwood floors and an updated hall bath. Master Suite with hardwood floors and private updated master bathroom. The Walkout lower level features brick fireplace, recessed lighting, an office/ 5th bedroom and access to a large yard and south facing patio. Convenient location near the Cherokee grade school, Historic Market of Lake Forest, Metra to downtown Chicago and quick access to Rt 41. A great price for this location and a Lake Forest address.

Last Agent to Sell the Property

Rina Du Toit

@properties Christie's International Real Estate License #471000177 Listed on: 09/23/2019

@properties Christie's International Real Estate

Co-Listed By

Jasmine Shapiro

Berkshire Hathaway HomeServices Chicago License #475186067

Last Buyer's Agent

Mike Cenar

M.C. Properties, Inc. License #471016042

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,993

Year Built

  • 1963

Lot Details

  • East or West Exposure
  • Corner Lot
  • Wooded Lot

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Home Office
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • No Tub in Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Basement

  • Finished Basement Bathroom
  • Crawl Space

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near a bus stop

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • $7,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,993

Year Built

1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Age: 51-60 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Square Footage Comments: Gross area3,521 per assessor
  • Total Full or Half Bathrooms: 3
  • Style Of House: Tri-Level
  • Type Detached: Split Level
  • Estimated Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 9
  • Living Room: Dimensions: 20X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Crawl
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, No Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 13X11, On Level: Lower, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 15X14, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Foyer, Office
  • Master Bedroom: Dimensions: 17X12, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 1 Name: Office, Dimensions: 13X12, On Level: Lower, Flooring: Carpet, Windows: None
  • Additional Room 2 Name: Foyer, Dimensions: 13X5, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Bedroom 2: Dimensions: 14X13, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Bedroom 3: Dimensions: 14X10, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Bedroom 4: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 1889
  • Family Room: Dimensions: 28X16, On Level: Lower, Flooring: Carpet, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Patio
  • Exposure: E (East)
  • Acreage: 0.3

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Schools

  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 175X84.94X200X110.46
  • Lot Description: Corner, Wooded
  • Parcel Identification Number: 16092090320000
  • Zero Lot Line: No

Tax Info

  • Taxes: 9075.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2019
Closed on
Dec 5, 2019
Sold by
Chhabria Shakuntala
Bought by
Morrison Joseph T and Morrison Julia A
Seller's Agent
Rina Du Toit
@properties Christie's International Real Estate
Buyer's Agent
Mike Cenar
M.C. Properties, Inc.
List Price
$525,000
Sold Price
$425,000
Premium/Discount to List
-$100,000
-19.05%
Current Estimated Value
$819,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,560
Avg. Annual Appreciation
11.86%
Original Mortgage
$325,000
Outstanding Balance
$288,685
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$530,875
Source: Public Records

Range of Values:

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Average Value
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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
Morrison Joseph T $425,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Joseph T $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2019 12/19/19 Sold $425,000 -10.5% $225 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
10/13/2019 10/13/19 Price Changed $475,000 -9.5% $251 / Sq Ft
09/23/2019 09/23/19 For Sale $525,000 -- $278 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $10,993 $208,392 $101,044 $107,348
2023 $8,457 $183,479 $88,964 $94,515
2022 $8,457 $146,615 $93,678 $52,937
2021 $7,988 $141,356 $90,318 $51,038
2020 $8,125 $141,653 $90,508 $51,145
2019 $10,149 $182,895 $90,354 $92,541
2018 $9,006 $172,251 $95,767 $76,484
2017 $8,917 $171,702 $95,462 $76,240
2016 $8,650 $165,209 $91,852 $73,357
2015 $8,523 $155,228 $86,303 $68,925
2014 $9,480 $174,726 $86,920 $87,806
2012 $9,149 $173,184 $86,153 $87,031
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10526603

Midwest Real Estate Data (MRED)

APN: 16-09-209-032