NOT LISTED FOR SALE

573 Timber Ln Lake Forest, IL 60045

Estimated Value: $784,000 - $959,000

4 Beds
3 Baths
1,814 Sq Ft
$472/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $385,000 $212 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $5,499/month

104 Days on Market

Highlights

  • Landscaped Professionally
  • Screened Porch
  • Fenced Yard
  • Cherokee Elementary School Rated A
  • Breakfast Room
  • Attached Garage

About This Home

As of November 2019

Great opportunity at a compelling price in Whispering Oaks! First level includes updated kitchen opening to dining and living areas. Master bedroom with full bath and two closets and two additional bedrooms and hall bath on second floor. Lower level has recreation room with fireplace and sliding doors to patio, 4th bedroom, full bath and laundry/utility room. Large enclosed 3 season porch and 2 car attached garage. Incredible .7 acre fenced property.

Last Agent to Sell the Property

Susan Meyers

Compass License #475122193 Listed on: 06/28/2019

Compass

Co-Listed By

Howard Meyers

Compass License #471002138

Last Buyer's Agent

Aleksandra Andreychuk

Aleksa Realty Inc License #471022359

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,243

Year Built

  • 1958

Lot Details

  • Fenced Yard
  • Landscaped Professionally

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Entrance Foyer
  • Breakfast Room
  • Screened Porch
  • Partially Finished Basement
  • Finished Basement Bathroom

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,243

Year Built

1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Type Detached: Split Level
  • Estimated Year Built: 1958
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 20X14, On Level: Main Level
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Fireplace Location: Family Room
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 8X8, On Level: Lower
  • Dining Room: Dimensions: 12X12, On Level: Main Level
  • Kitchen Type: Dimensions: 13X11, On Level: Main Level
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space
  • Additional Rooms: Enclosed Porch, Breakfast Room, Foyer
  • Master Bedroom: Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Enclosed Porch, Dimensions: 21X11, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Room 2 Name: Breakfast Rm, Dimensions: 15X10, On Level: Main Level
  • Bedroom 2: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Foyer, Dimensions: 11X7, On Level: Main Level
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 14X12, On Level: Lower, Flooring: Ceramic Tile
  • Estimated Sq Ft: 1814
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 24X14, On Level: Lower, Flooring: Ceramic Tile

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch Screened
  • Acreage: 0.693

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Special Assessments: U
  • Assessed Sq Ft: 1814

Schools

  • School District: 115
  • Elementary School: Cherokee Elementary School
  • Middle School: Deer Path Middle School
  • High School: Lake Forest High School
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 240 X 113X115X28X101X141
  • Lot Description: Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 16044070010000

Tax Info

  • Taxes: 8731.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2024
Sold by
Myzak Lidiya
Bought by
Myzak Living Trust and Myzak
Current Estimated Value
$857,055

Purchase Details

Listed on
Jun 28, 2019
Closed on
Dec 4, 2019
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Myzak Lidiya
Seller's Agent
Susan Meyers
Compass
Buyer's Agent
Aleksandra Andreychuk
Aleksa Realty Inc
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.58%
Original Mortgage
$285,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2004
Sold by
Nelson Gregory A
Bought by
Nelson Melissa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2002
Sold by
The Northern Trust Company
Bought by
Nelson Gregory A and Nelson Melissa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.25%

Purchase Details

Closed on
Aug 3, 1994
Sold by
Chapman Paul Clifford and Chapman Laurel Catherine
Bought by
Northern Tr Bank Lake Forest Natl Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

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Average Value
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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
Myzak Living Trust -- None Listed On Document
Myzak Living Trust -- None Listed On Document
Myzak Lidiya $385,000 Chicago Land Agency Services
Nelson Melissa M -- First American Title
Nelson Gregory A $525,000 Chicago Title Insurance Co
Northern Tr Bank Lake Forest Natl Assn $400,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Myzak Lidiya $285,000
Previous Owner Nelson Melissa M $425,000
Previous Owner Nelson Gregory A $420,000
Previous Owner Northern Tr Bank Lake Forest Natl Assn $250,000
Closed Nelson Melissa M $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $385,000 -3.5% $212 / Sq Ft
10/10/2019 10/10/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $399,000 0.0% $220 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
07/30/2019 07/30/19 Price Changed $399,000 -6.1% $220 / Sq Ft
06/28/2019 06/28/19 For Sale $425,000 -- $234 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $11,243 $218,931 $101,208 $117,723
2023 $7,610 $192,759 $89,109 $103,650
2022 $7,610 $137,844 $93,310 $44,534
2021 $7,186 $132,900 $89,963 $42,937
2020 $6,999 $128,321 $90,152 $38,169
2019 $9,974 $186,005 $89,999 $96,006
2018 $8,820 $175,060 $95,391 $79,669
2017 $8,732 $174,502 $95,087 $79,415
2016 $8,458 $167,903 $91,491 $76,412
2015 $8,333 $157,760 $85,964 $71,796
2014 $9,541 $176,917 $86,580 $90,337
2012 $8,959 $175,356 $85,816 $89,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10433708

Midwest Real Estate Data (MRED)

APN: 16-04-407-001