2502 Timber Ln Lindenhurst, IL 60046
Estimated Value: $317,000 - $353,000
3
Beds
2
Baths
2,314
Sq Ft
$145/Sq Ft
Est. Value
Highlights
- Vaulted Ceiling
- Wood Flooring
- Patio
- Millburn Elementary School Rated A-
- 1 Car Attached Garage
- Forced Air Heating and Cooling System
About This Home
As of March 2023Are you looking for beauty and serenity? If so, this home is for you! Located in the highly-rated Millburn school district, this updated home is exactly what you've been looking for! With a large fenced-in yard backing to McDonald Woods Forest Preserve on a non-through street, you'll find all the space you need to feel at home. Large vaulted ceilings greet you as you enter the open-concept living room and expansive updated kitchen with new cabinets, granite counters, newer appliances, and pantry. A few steps to the second level are two bedrooms with original wood floors under the carpet, and third with forest views. The two full bathrooms are recently updated. The lower level is great living space and is also newly refinished! The home is very efficient and the owners enjoy low utilities. NEW: Dishwasher '22, Stone Walkway/Patio '21, Kitchen Remodel '20, Sump '20, Basement Remodel '20, Roof '19, Water Heater '18-19, Stove '16-'17, Furnace '15/'16, Fence approx '15. Newer Windows. Utilities average only $100/month gas, $100/month electric. House remains cool in summer due to the surrounding trees. Schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,535
Year Built
- Built in 1965
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 55x179x25x80x150.42
Parking
- 1 Car Attached Garage
- Driveway
- Parking Space is Owned
Home Design
- Split Level Home
- Asphalt Roof
- Masonite
Interior Spaces
- 2,314 Sq Ft Home
- Vaulted Ceiling
- Ceiling Fan
- Family Room
- Combination Dining and Living Room
- Wood Flooring
- Carbon Monoxide Detectors
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- English Basement
- Partial Basement
- Sump Pump
- Finished Basement Bathroom
Outdoor Features
- Patio
Schools
- Millburn C C Elementary School
- Lakes Community High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 6, 2023
Closed on
Feb 13, 2023
Sold by
Peterson Larry L and Peterson Caroline F
Bought by
Pegues Jamar
Seller's Agent
Laura Forman
Compass
Buyer's Agent
Gary Sowell
HomeSmart Connect LLC
List Price
$299,900
Sold Price
$289,500
Premium/Discount to List
-$10,400
-3.47%
Views
36
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
$45,119
Avg. Annual Appreciation
5.67%
Original Mortgage
$299,922
Interest Rate
7%
Mortgage Type
VA
Purchase Details
Closed on
Apr 27, 2005
Sold by
Pudlo Raymond T
Bought by
Peterson Larry L and Peterson Caroline F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,910
Interest Rate
6.13%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 4, 1999
Sold by
Levin Hedda E
Bought by
Pudlo Raymond T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,681
Interest Rate
7.88%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 28, 1997
Sold by
Mcdonald Barbara A
Bought by
Levin Hedda E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8.05%
Purchase Details
Closed on
Jun 21, 1996
Sold by
Miller Kenneth A and Miller Suzanne V
Bought by
Mcdonald Barbara A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
8.13%
Mortgage Type
Balloon
Similar Homes in Lindenhurst, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pegues Jamar | $289,500 | Chicago Title | |
| Peterson Larry L | $220,000 | Attorneys Title Guaranty Fun | |
| Pudlo Raymond T | $155,000 | -- | |
| Levin Hedda E | $142,000 | Attorneys Natl Title Network | |
| Mcdonald Barbara A | $138,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pegues Jamar | $308,535 | |
| Closed | Pegues Jamar | $299,922 | |
| Previous Owner | Peterson Larry L | $43,700 | |
| Previous Owner | Peterson Larry L | $177,300 | |
| Previous Owner | Peterson Larry L | $30,200 | |
| Previous Owner | Peterson Larry L | $197,910 | |
| Previous Owner | Pudlo Raymond T | $54,120 | |
| Previous Owner | Pudlo Raymond T | $39,000 | |
| Previous Owner | Pudlo Raymond T | $151,660 | |
| Previous Owner | Pudlo Raymond T | $153,200 | |
| Previous Owner | Pudlo Raymond T | $153,681 | |
| Previous Owner | Levin Hedda E | $112,000 | |
| Previous Owner | Mcdonald Barbara A | $110,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2023 03/01/23 | Sold | $289,500 | -3.5% | $125 / Sq Ft |
| 01/16/2023 01/16/23 | Pending | -- | -- | -- |
| 01/06/2023 01/06/23 | For Sale | $299,900 | -- | $130 / 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 | $6,123 | $79,730 | $13,530 | $66,200 |
| 2023 | $7,894 | $70,445 | $11,954 | $58,491 |
| 2022 | $7,894 | $69,463 | $10,450 | $59,013 |
| 2021 | $7,535 | $64,526 | $9,707 | $54,819 |
| 2020 | $7,235 | $62,459 | $9,396 | $53,063 |
| 2019 | $7,227 | $60,028 | $9,030 | $50,998 |
| 2018 | $6,370 | $57,412 | $12,606 | $44,806 |
| 2017 | $6,166 | $55,881 | $12,270 | $43,611 |
| 2016 | $6,089 | $53,618 | $11,773 | $41,845 |
| 2015 | $6,468 | $50,078 | $10,996 | $39,082 |
| 2014 | $6,856 | $48,957 | $11,047 | $37,910 |
| 2012 | $6,147 | $56,788 | $12,665 | $44,123 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Forman
Seller's Agent in 2023
Laura Forman
Compass
(847) 271-8183
2 in this area
89 Total Sales
-
Gary Sowell
Buyer's Agent in 2023
Gary Sowell
HomeSmart Connect LLC
(224) 558-3725
1 in this area
14 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11689079
APN: 06-01-101-011
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