NOT LISTED FOR SALE

1419 Cedar Ln Northbrook, IL 60062

Estimated Value: $886,000 - $1,943,000

0.22 Acre
$7,100,273 Price per Acre
9,583 Sq Ft Lot

Last Sold December 15, 2021

Last sale price $365,000

Est. 328% increase in value since last sale

Current estimated payment $10,071/month

454 Days on Market

About This Lot

As of December 2021

HUGE Price Reduction! HURRY will go Fast! Amazing Property in the Heart of Downtown Northbrook. Walk to Everything: train, library, Village Green Park, downtown shops, schools... Unique opportunity to build your new home close to the historic center of town. Currently there is a garage/shed on the property. This lot saves on residential tear down plus utility disconnect fees.

Last Agent to Sell the Property

Ryan Cherney

Circle One Realty License #471019427 Listed on: 08/27/2020

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Property Type

  • Land

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Property Type: Land
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Directions: Cedar Lane and Walters Ave, South to property
  • Road Frontage Type: City Street
  • Lot Size: 80X120.77
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No
  • Possible Use: Single Family

Exterior Features

  • Other Structures: Garage(s)
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric Nearby, Gas Nearby, Sewer-Storm Available, Water-Municipal

Schools

  • Junior High Dist: 225
  • Middle Or Junior School: Northbrook Junior High School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Land Description: Level
  • Current Use: Single Family
  • Zoning: SINGL

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 3412.5
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2023
Sold by
Rafalo Homes Llc
Bought by
Funk Asher and Funk Lori
Current Estimated Value
$1,562,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,446,139
Outstanding Balance
$1,388,304
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$173,756

Purchase Details

Listed on
Aug 27, 2020
Closed on
Dec 10, 2021
Sold by
Miller David and Fritz K Miller Declaration Of
Bought by
Rafalo Homes Llc
Seller's Agent
Ryan Cherney
Circle One Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$489,900
Sold Price
$365,000
Premium/Discount to List
-$124,900
-25.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Funk Asher $1,607,000 Old Republic National Title
Funk Asher $1,607,000 Old Republic National Title
Rafalo Homes Llc $365,000 Alliance Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Funk Asher $1,446,139
Closed Funk Asher $1,446,139
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2021 12/15/21 Sold $365,000 -8.7% --
11/24/2021 11/24/21 Pending -- -- --
01/19/2021 01/19/21 Price Changed $399,900 -10.9% --
10/27/2020 10/27/20 Price Changed $449,000 -8.3% --
08/27/2020 08/27/20 For Sale $489,900 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $23,319 $166,000 $18,392 $147,608
2024 $23,319 $118,622 $15,488 $103,134
2023 $4,300 $102,072 $15,488 $86,584
2022 $4,300 $19,407 $15,488 $3,919
2021 $3,941 $15,776 $11,858 $3,918
2020 $3,862 $15,776 $11,858 $3,918
2019 $3,413 $15,776 $11,858 $3,918
2018 $3,354 $14,324 $10,406 $3,918
2017 $3,268 $14,324 $10,406 $3,918
2016 $3,073 $14,324 $10,406 $3,918
2015 $2,935 $12,388 $8,470 $3,918
2014 $2,804 $12,388 $8,470 $3,918
2013 $2,717 $12,388 $8,470 $3,918
Source: Public Records

Agents Affiliated with this Home

  • Ryan Cherney

    Seller's Agent in 2021

    Ryan Cherney

    Circle One Realty

    (630) 862-5181

    3 in this area

    1,083 Total Sales

    Ryan Cherney
    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    NON MEMBER

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10836609

Midwest Real Estate Data (MRED)

APN: 04-09-412-022-0000

Illinois Cook County Northbrook 60062

1419 Cedar Ln, Northbrook, IL

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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