1172 Timber Ln Lake Forest, IL 60045
Estimated Value: $667,000 - $767,000
4
Beds
3
Baths
1,889
Sq Ft
$382/Sq Ft
Est. Value
Highlights
- Deck
- Wooded Lot
- Corner Lot
- Cherokee Elementary School Rated A
- Wood Flooring
- Home Office
About This Home
As of December 2019Desirable 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
@properties Christie's International Real Estate License #471000177 Listed on: 09/23/2019
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
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%
Total Days on Market
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,282
Avg. Annual Appreciation
11.72%
Original Mortgage
$325,000
Outstanding Balance
$291,025
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$487,174
Similar Homes in the area
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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
-
Rina Du Toit
Seller's Agent in 2019
Rina Du Toit
@ Properties
(847) 615-5061
21 Total Sales
-
Jasmine Shapiro
Seller Co-Listing Agent in 2019
Jasmine Shapiro
Berkshire Hathaway HomeServices Chicago
(847) 971-0904
29 Total Sales
-
Mike Cenar
M
Buyer's Agent in 2019
Mike Cenar
M.C. Properties, Inc.
(219) 406-0191
6 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10526603
APN: 16-09-209-032
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