NOT LISTED FOR SALE

470 Michigamme Ln Lake Forest, IL 60045

Estimated Value: $1,509,000 - $2,026,000

6 Beds
4 Baths
4,178 Sq Ft
$418/Sq Ft Est. Value

About This Home

This home is located at 470 Michigamme Ln, Lake Forest, IL 60045 and is currently estimated at $1,748,064, approximately $418 per square foot. 470 Michigamme Ln is a home located in Lake County with nearby schools including Deer Path Middle School East, Cherokee Elementary School, and Lake Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2015
Sold by
Picchietti Cox Thomas Kevin and Picchietti Cox Laura
Bought by
Cox Thomas K and Thomas K Cox Revocable Trust
Current Estimated Value
$1,748,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,700
Interest Rate
3.77%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 18, 2007
Sold by
Picchietti Cox Thomas Kevin and Picchietti Cox Laura
Bought by
Picchietti Cox Thomas Kevin and Picchietti Cox Laura

Purchase Details

Closed on
Jun 2, 1995
Sold by
First Midwest Trust Company Natl Assn
Bought by
Picchietti Cox Thomas K and Picchietti Cox Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.87%
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
Cox Thomas K -- None Available
Picchietti Cox Thomas Kevin -- None Available
Picchietti Cox Thomas K $575,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Thomas K $300,000
Open Cox Thomas K $500,000
Closed Cox Thomas K $385,700
Closed Trust #1 $417,000
Closed Cox Laura Picchietti $35,000
Closed Cox Thomas K $508,000
Closed Cox Thomas K $300,000
Closed Cox Thomas K $325,000
Closed Cox Thomas K $25,000
Closed Cox Thomas K $322,700
Closed Cox Thomas K $300,700
Closed Cox Thomas K $300,700
Closed Cox Thomas K $250,000
Closed Picchietti Cox Thomas K $320,000
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 $27,473 $524,931 $199,607 $325,324
2023 $25,269 $453,848 $172,577 $281,271
2022 $25,269 $430,570 $177,797 $252,773
2021 $24,256 $415,127 $171,420 $243,707
2020 $23,552 $416,001 $171,781 $244,220
2019 $22,765 $415,295 $171,489 $243,806
2018 $21,407 $414,547 $181,764 $232,783
2017 $21,195 $413,224 $181,184 $232,040
2016 $20,549 $397,599 $174,333 $223,266
2015 $20,182 $373,578 $163,801 $209,777
2014 $20,013 $374,910 $164,972 $209,938
2012 -- $371,603 $163,517 $208,086
Source: Public Records

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