487 Walnut Rd Lake Forest, IL 60045
Estimated Value: $2,840,729 - $3,611,000
Studio
1
Bath
6,199
Sq Ft
$515/Sq Ft
Est. Value
About This Home
This home is located at 487 Walnut Rd, Lake Forest, IL 60045 and is currently estimated at $3,193,910, approximately $515 per square foot. 487 Walnut Rd is a home located in Lake County with nearby schools including Sheridan Elementary School, Deer Path Middle School East, and Lake Forest High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 17, 2017
Sold by
Grumhaus David D and Grumhaus Jennifer K
Bought by
Grumhaus Jennifer Kahl and The Jennifer Kahl Grumhaus Rev
Current Estimated Value
Purchase Details
Closed on
Aug 27, 1998
Sold by
Allen Linda P
Bought by
Grumhaus David D and Grumhaus Jennifer J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.03%
Purchase Details
Closed on
Oct 17, 1995
Sold by
Brown Christine D
Bought by
Allen Linda P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.12%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grumhaus Jennifer Kahl | -- | Attorney | |
| Grumhaus David D | $1,790,000 | 1St American Title | |
| Allen Linda P | $1,450,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Grumhaus David D | $1,000,000 | |
| Previous Owner | Allen Linda P | $1,000,000 |
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 | $44,890 | $804,132 | $267,088 | $537,044 |
| 2023 | $41,535 | $721,274 | $246,209 | $475,065 |
| 2022 | $41,535 | $693,882 | $236,859 | $457,023 |
| 2021 | $39,476 | $687,897 | $234,816 | $453,081 |
| 2020 | $37,505 | $691,702 | $236,115 | $455,587 |
| 2019 | $37,505 | $679,005 | $231,781 | $447,224 |
| 2018 | $45,886 | $886,119 | $309,511 | $576,608 |
| 2017 | $45,153 | $871,307 | $304,337 | $566,970 |
| 2016 | $43,280 | $829,342 | $289,679 | $539,663 |
| 2015 | $42,805 | $780,924 | $272,767 | $508,157 |
| 2014 | $42,486 | $771,500 | $244,890 | $526,610 |
| 2012 | $41,630 | $778,192 | $247,014 | $531,178 |
Source: Public Records
Map
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