NOT LISTED FOR SALE

565 Timber Ln Lake Forest, IL 60045

Estimated Value: $880,000 - $986,000

5 Beds
3 Baths
2,230 Sq Ft
$409/Sq Ft Est. Value

Sale Details

Date Sold: September 6, 2019

Last sale price $480,000 $215 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,954 / mo

349 Days on Market

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Cherokee Elementary School Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of September 2019

Mid Century Modern-sprawling 5 bedroom, 3 bath multi-level home with hardwood floors throughout! Updated, white kitchen has stainless steel appliances, and solid surface "sparkling" white quartz counter tops. Enter the front door to view the mature landscaping that creates a private sylvan setting in your back yard. An entire wall of floor to ceiling windows are the back drop for the living and dining rooms. The living room fireplace is ensconced in a solid lannon stone wall, floor to ceiling. Second fireplace is in the family room, both chimneys have new liners and chimney caps. Family room is spacious and cozy tongue and groove paneling lines the walls and sides of the wet bar. Full bath and two bedrooms or offices are off of the family room. Large screened porch, 3 season, walks out to yard & connects kitchen to garage. 2 car garage is significantly oversized. Close to Cherokee school and playground, great neighborhood! Please exclude kitchen refrigerator&Mast Bed drapes

Last Agent to Sell the Property

Laura Henderson

Coldwell Banker Realty License #471004864 Listed on: 08/17/2018

Coldwell Banker Realty

Last Buyer's Agent

Jane Lee

RE/MAX Top Performers License #471004433

Home Details

Home Type

  • Single Family

Year Built

  • 1957

Lot Details

  • Landscaped Professionally
  • Corner Lot

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Rolled Roof

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Dining Area
  • Screened Porch
  • Wood Flooring
  • Partially Finished Basement
  • Partial Basement
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • North or South Exposure
  • Patio

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1957

Lot Details

0.49 Acres

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 61-70 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Square Footage Comments: 1120 lower level PLUS 1110 partially finished lower level
  • Total Full or Half Bathrooms: 3
  • Total Sq Ft: 3350
  • Type Detached: Split Level w/ Sub
  • Estimated Year Built: 1957
  • Tax Exemptions: Homeowner, Senior
  • Total Sq Ft: 3350
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors
  • Number Of Rooms: 10
  • Living Room: Dimensions: 36X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, Washer, Dryer, Disposal
  • Fireplace Details: Wood Burning, Gas Logs, Gas Starter
  • Fireplace Location: Family Room, Living Room
  • Basement: Partial
  • Basement: Partially Finished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 10X10, On Level: Basement
  • Dining Room: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 15X15, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Eating Area, Screened Porch, 5th Bedroom
  • Master Bedroom: Dimensions: 19X13, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Eating Area, Dimensions: 15X15, On Level: Main Level
  • Additional Room 2 Name: Screened Porch, Dimensions: 15X12, On Level: Main Level
  • Bedroom 2: Dimensions: 15X13, On Level: 2nd Level
  • Additional Room 3 Name: 5th Bdrm, Dimensions: 10X13, On Level: Lower
  • Bedroom 3: Dimensions: 15X11, On Level: 2nd Level
  • Bedroom 4: Dimensions: 13X10, On Level: Lower
  • Estimated Sq Ft: 2230
  • Estimated Total Finished Sq Ft: 3350
  • Lower Level Sq Ft: 1120
  • Main Level Sq Ft: 1110
  • Upper Level Sq Ft: 1120
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 30X21, On Level: Lower

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Rolled)
  • Exterior Property Features: Patio, Porch Screened, Storms/Screens
  • Exposure: N (North)
  • Acreage: 0.4952

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Assessed Sq Ft: 2230

Schools

  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 100X200
  • Lot Description: Corner, Landscaped Professionally
  • Parcel Identification Number: 16044070100000

Tax Info

  • Taxes: 9745

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2018
Closed on
Sep 6, 2019
Sold by
Dibrito Dean Di and Brito Marlene P Di
Bought by
Walsh John L and Walsh Joellyn
Seller's Agent
Laura Henderson
Coldwell Banker Realty
Buyer's Agent
Jane Lee
RE/MAX Top Performers
List Price
$599,900
Sold Price
$480,000
Premium/Discount to List
-$119,900
-19.99%
Current Estimated Value
$911,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,324
Avg. Annual Appreciation
10.19%
Original Mortgage
$384,000
Outstanding Balance
$337,041
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$574,283

Purchase Details

Closed on
Dec 12, 2018
Sold by
Dibrito Dean and Dibrito Marlene P
Bought by
Dibrito Dean

Purchase Details

Closed on
Sep 25, 2014
Sold by
Dibrito Dean and Dibrito Marlene P
Bought by
Dibrito Dean and Dibrito Marlene Pm
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walsh John L $480,000 Chicago Title
Dibrito Dean -- None Available
Dibrito Dean -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh John L $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2019 09/06/19 Sold $480,000 -8.6% $215 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
06/24/2019 06/24/19 Price Changed $525,000 -3.7% $235 / Sq Ft
06/10/2019 06/10/19 Price Changed $545,000 -5.2% $244 / Sq Ft
04/27/2019 04/27/19 Price Changed $575,000 -4.2% $258 / Sq Ft
02/22/2019 02/22/19 For Sale $599,900 0.0% $269 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
01/15/2019 01/15/19 Price Changed $599,900 -7.0% $269 / Sq Ft
01/08/2019 01/08/19 Price Changed $645,000 -4.4% $289 / Sq Ft
10/08/2018 10/08/18 Price Changed $675,000 -2.9% $303 / Sq Ft
08/17/2018 08/17/18 For Sale $695,000 -- $312 / Sq Ft
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
2024 $13,068 $246,417 $102,065 $144,352
2023 $9,576 $216,959 $89,863 $127,096
2022 $9,576 $165,587 $94,623 $70,964
2021 $9,046 $159,648 $91,229 $68,419
2020 $8,811 $159,984 $91,421 $68,563
2019 $11,167 $212,484 $91,266 $121,218
2018 $9,844 $199,705 $96,734 $102,971
2017 $9,746 $199,068 $96,425 $102,643
2016 $9,432 $191,541 $92,779 $98,762
2015 $9,277 $179,969 $87,174 $92,795
2014 $10,582 $206,137 $87,798 $118,339
2012 $10,286 $204,318 $87,023 $117,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10055549

Midwest Real Estate Data (MRED)

APN: 16-04-407-010

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