NOT LISTED FOR SALE

566 E Old Elm Rd Lake Forest, IL 60045

Estimated Value: $619,000 - $817,000

4 Beds
3 Baths
2,855 Sq Ft
$250/Sq Ft Est. Value

About This Home

This home is located at 566 E Old Elm Rd, Lake Forest, IL 60045 and is currently estimated at $714,336, approximately $250 per square foot. 566 E Old Elm Rd is a home located in Lake County with nearby schools including Cherokee Elementary School, Deer Path Middle School East, and Lake Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2007
Sold by
Garza Richard L
Bought by
Grob David M and Grob Elizabeth B
Current Estimated Value
$714,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 23, 2003
Sold by
Garza Richard L and Garza Patricia L
Bought by
Garza Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,900
Interest Rate
1.95%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 20, 2002
Sold by
Church Of Covenants Of Lake Forest Inc
Bought by
Garza Richard L and Garza Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
5.8%

Purchase Details

Closed on
May 6, 1998
Sold by
Maloney Christopher and Maloney Colleen
Bought by
Church Of The Covenants Lake Forest Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
8%
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
Grob David M $474,000 Chicago Title Insurance Co
Garza Richard L -- --
Garza Richard L -- First American Title
Church Of The Covenants Lake Forest Inc $295,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grob David M $282,115
Closed Grob David M $297,400
Closed Grob David M $300,000
Previous Owner Garza Richard L $48,750
Previous Owner Garza Richard L $380,900
Previous Owner Garza Richard L $303,750
Previous Owner Church Of The Covenants Of Lake Forest $272,000
Previous Owner Church Of The Covenants Lake Forest Inc $250,000
Previous Owner Church Of The Covenants Lake Forest Inc $236,000
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 $8,513 $172,433 $91,859 $80,574
2023 $8,677 $151,818 $80,877 $70,941
2022 $8,677 $155,280 $85,161 $70,119
2021 $8,480 $149,711 $82,107 $67,604
2020 $8,260 $150,026 $82,280 $67,746
2019 $7,986 $149,771 $82,140 $67,631
2018 $7,388 $147,254 $87,062 $60,192
2017 $7,315 $146,784 $86,784 $60,000
2016 $7,084 $141,233 $83,502 $57,731
2015 $6,957 $132,700 $78,457 $54,243
2014 $7,708 $148,122 $79,018 $69,104
2012 $7,451 $146,815 $78,321 $68,494
Source: Public Records

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