NOT LISTED FOR SALE

7 Timber Ln Northbrook, IL 60062

Estimated Value: $790,864 - $991,000

3 Beds
3 Baths
2,330 Sq Ft
$376/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $550,000 $236 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,594/month

28 Days on Market

Highlights

  • Recreation Room
  • Wooded Lot
  • Wood Flooring
  • Meadowbrook Elementary School Rated A
  • Ranch Style House
  • Den

About This Home

As of September 2016

FANTASTIC PRICE REDUCTION! Custom Built Classic Mid Century Modern Ranch on private lane. One owner contemporary offers 10 foot beamed and paneled ceilings and many interior brick walls. Bring the outside in with walls of windows and sliding doors in spacious entertaining rooms. Timber Lane perfectly describes the style of this one of a kind, 3 bedroom, 2 and a half bathroom living with many skylights, paneling and millwork. The master suite offer tons of potential with its large bedroom, abundant closets and forward thinking designed bathroom. Enjoy the paneled den or office. Two steps down into Living Room or Family Room separated by stunning brick wall creating 2 way wood burning fireplace. There is a full unfinished basement or rec room with drywall and ceilings with plenty of storage. Main floor Laundry. Circular Driveway introduces the beautifully landscaped yard. Home is a stones through from town, train and all Northbrook has to offer situated on a coveted private Timber La

Last Agent to Sell the Property

Jacquie Lewis

Compass License #475126099 Listed on: 07/05/2016

Compass

Last Buyer's Agent

Mitchell Goltz

Shai Town Realty Group, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • 1965

Lot Details

  • East or West Exposure
  • Wooded Lot

HOA Fees

  • $13 per month

Parking

  • Attached Garage
  • Circular Driveway
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Skylights
  • Wood Burning Fireplace
  • See Through Fireplace
  • Den
  • Recreation Room
  • Storage Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Double Oven
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1965

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Disability Access: Yes
  • Disability Access Details: Main Level Entry, Disabled Parking
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1965
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Interior Property Features: Skylight(s), Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry
  • Number Of Rooms: 9
  • Living Room: Dimensions: 22X16, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Appliances: Oven-Double, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan, Sprinkler-Lawn
  • Fireplace Details: See through/Multi Sided, Wood Burning
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 17X14, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 20X13, On Level: Main Level, Flooring: Vinyl, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: Den, Recreation Room, Storage
  • Master Bedroom: Dimensions: 16X13, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Den, Dimensions: 15X12, On Level: Main Level, Flooring: Carpet, Windows: None
  • Additional Room 2 Name: Recreation Rm, Dimensions: 32X28, On Level: Basement, Flooring: Vinyl, Windows: None
  • Bedroom 2: Dimensions: 11X14, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 3 Name: Storage, Dimensions: 17X14, On Level: Basement, Flooring: Vinyl, Windows: None
  • Bedroom 3: Dimensions: 12X13, On Level: Main Level, Flooring: Carpet, Windows: Shades
  • Estimated Sq Ft: 2330
  • Dining Room Type: Separate
  • Family Room: Dimensions: 22X15, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Exposure: W (West)
  • Acreage: 0.303

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Snow Removal
  • Assessment Association Fees: 150

Schools

  • Junior High Dist: 28

Lot Info

  • Lot Dimensions: 164X101
  • Lot Description: Wooded
  • Parcel Identification Number: 04102000370000

Tax Info

  • Taxes: 8889.40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2016
Closed on
Sep 21, 2016
Sold by
Peskin Arlene G
Bought by
Leifer Lyon and Leifer Paula
Seller's Agent
Jacquie Lewis
Compass
Buyer's Agent
Mitchell Goltz
Shai Town Realty Group, Inc.
List Price
$650,000
Sold Price
$550,000
Premium/Discount to List
-$100,000
-15.38%
Current Estimated Value
$876,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,216
Avg. Annual Appreciation
5.11%
Original Mortgage
$417,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 1997
Sold by
Peskin Bernard M and Peskin Arlene G
Bought by
Peskin Arlene G and Arlene G Peskin Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leifer Lyon $550,000 Burnet Title
Peskin Arlene G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leifer Lyon $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2016 09/23/16 Sold $550,000 -4.3% $236 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
07/22/2016 07/22/16 Price Changed $575,000 -11.5% $247 / Sq Ft
07/05/2016 07/05/16 For Sale $650,000 -- $279 / 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
2025 $12,387 $73,000 $18,480 $54,520
2024 $12,387 $60,102 $17,160 $42,942
2023 $12,616 $60,102 $17,160 $42,942
2022 $12,616 $63,000 $17,160 $45,840
2021 $10,539 $48,111 $13,860 $34,251
2020 $10,428 $48,111 $13,860 $34,251
2019 $11,202 $57,874 $13,860 $44,014
2018 $10,816 $52,303 $12,210 $40,093
2017 $10,562 $52,303 $12,210 $40,093
2016 $10,321 $52,303 $12,210 $40,093
2015 $9,533 $44,667 $10,230 $34,437
2014 $8,889 $44,667 $10,230 $34,437
2013 $8,820 $44,667 $10,230 $34,437
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09276232

Midwest Real Estate Data (MRED)

APN: 04-10-200-037-0000