NOT LISTED FOR SALE

1540 Orchard Ln Northbrook, IL 60062

Estimated Value: $1,405,711 - $1,815,000

5 Beds
5 Baths
3,828 Sq Ft
$416/Sq Ft Est. Value

About This Home

This home is located at 1540 Orchard Ln, Northbrook, IL 60062 and is currently estimated at $1,593,428, approximately $416 per square foot. 1540 Orchard Ln is a home located in Cook County with nearby schools including Meadowbrook Elementary School, Northbrook Junior High School, and Glenbrook North High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2021
Sold by
Reid William S and Reid Lindsey L
Bought by
Reid William S and William S Reid Revocable Trust
Current Estimated Value
$1,593,428

Purchase Details

Closed on
Mar 28, 2011
Sold by
Schwall Edward J and Schwall Anne M Trust
Bought by
Reid Lindsey L and Reid William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 1995
Sold by
Lasalle National Trust Na
Bought by
Premier Trust Services Inc and First National Bank Of Northbrook
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
Reid William S -- None Available
Reid Lindsey L $930,000 --
Reid Lindsey L $930,000 --
Reid Lindsey L $930,000 --
Premier Trust Services Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Lindsey L $417,000
Closed Reid Lindsey L $417,000
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 $19,244 $90,205 $21,760 $68,445
2023 $18,624 $90,205 $21,760 $68,445
2022 $18,624 $90,205 $21,760 $68,445
2021 $20,308 $84,620 $16,660 $67,960
2020 $19,957 $84,620 $16,660 $67,960
2019 $19,373 $92,990 $16,660 $76,330
2018 $21,445 $95,008 $14,620 $80,388
2017 $20,904 $95,008 $14,620 $80,388
2016 $22,243 $106,166 $14,620 $91,546
2015 $17,615 $76,976 $11,900 $65,076
2014 $16,839 $76,976 $11,900 $65,076
2013 $18,961 $89,080 $11,900 $77,180
Source: Public Records

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