NOT LISTED FOR SALE

7 Timber Ln Unit 2 Vernon Hills, IL 60061

Estimated Value: $193,259 - $214,000

2 Beds
2 Baths
975 Sq Ft
$277/mo HOA Fee

Last Sold July 01, 2014

Last sale price $92,000 $94 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,693/month

78 Days on Market

Highlights

  • Storage
  • Bathroom on Main Level
  • Baseboard Heating
  • Hawthorn Townline Elementary School Rated A

About This Home

As of July 2014

***BANK APPROVED AT 92,000***Great SS Opportunity To Own This Nicely Updated Condo Adjacent To Lake, Park & Pool. Pergo Floors in Family room & Wood Floors in Bedrooms. Kitchen Has Granite Counters,SS Appliances & Stone Tile Backsplash. Low Assessment Includes All But Electric.

Last Agent to Sell the Property

Sandra Locascio

RE/MAX Suburban License #475137422 Listed on: 01/22/2014

RE/MAX Suburban

Last Buyer's Agent

Jesse Singh

Re/Max American Dream License #475117365

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,366

Year Built

  • 1980

Lot Details

  • 44

HOA Fees

  • $277 per month

Home Design

  • Frame Construction

Interior Spaces

  • Bathroom on Main Level
  • Storage
  • Washer and Dryer Hookup

Parking

  • Parking Available
  • Parking Included in Price

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,366

Year Built

1980

Lot Details

0

HOA Fees

$277 per month

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Train
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1980
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1980

Interior Features

  • Interior Property Features: 1st Floor Full Bath, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X12, On Level: Main Level
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 10X8, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X11, On Level: Main Level
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level
  • Estimated Sq Ft: 975

Exterior Features

  • Exterior Building Type: Frame

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Baseboard

Condo/Co-op/Association

  • Max Pet Weight: 40
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Dogs OK
  • Common Area Amenities: Park/Playground
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 277
  • Management Contact Name: HARRIET/DENISE
  • Management Phone: 630-627-3303

Fee Information

  • Management Company: HILLCREST MANAGEMENT

Schools

  • Junior High Dist: 73

Lot Info

  • Lot Dimensions: COMMON AREAS
  • Parcel Identification Number: 11324092440000

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 3

Tax Info

  • Taxes: 2326.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2025
Sold by
Jhawar Properties Llc
Bought by
Vernon Properties Llc
Current Estimated Value
$200,565

Purchase Details

Closed on
Dec 28, 2017
Sold by
Jhawar Gurparshad
Bought by
Jhawar Properties Llc

Purchase Details

Listed on
Jan 22, 2014
Closed on
Jul 1, 2014
Sold by
Janowicz Monika
Bought by
Jhawar Gurparshad
Seller's Agent
Sandra Locascio
RE/MAX Suburban
Buyer's Agent
Jesse Singh
Re/Max American Dream
List Price
$92,000
Sold Price
$92,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
Jul 27, 2006
Sold by
Gach Richie
Bought by
Monika Gach Monika and Monika Fanowicz

Purchase Details

Closed on
Nov 9, 2005
Sold by
Gach Richie
Bought by
Gach Richie and Gach Monika

Purchase Details

Closed on
Aug 28, 2000
Sold by
Scott Timothy M
Bought by
Gach Richie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.54%

Purchase Details

Closed on
Oct 31, 1997
Sold by
Wartick Christina L and Huebner Christina L
Bought by
Scott Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,700
Interest Rate
7.42%
Mortgage Type
FHA
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
Vernon Properties Llc -- Ticor Title
Jhawar Properties Llc -- None Available
Jhawar Gurparshad $92,000 Greater American Title Llc
Monika Gach Monika -- None Available
Gach Richie -- --
Gach Richie $90,000 --
Scott Timothy M $46,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gach Richie $72,000
Previous Owner Scott Timothy M $67,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2014 07/01/14 Sold $92,000 0.0% $94 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
04/09/2014 04/09/14 Price Changed $92,000 0.0% $94 / Sq Ft
04/09/2014 04/09/14 For Sale $92,000 +2.2% $94 / Sq Ft
01/23/2014 01/23/14 Pending -- -- --
01/22/2014 01/22/14 For Sale $90,000 -- $92 / 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 $4,366 $50,664 $13,545 $37,119
2023 $4,025 $46,729 $12,493 $34,236
2022 $4,025 $43,114 $12,009 $31,105
2021 $3,855 $42,185 $11,750 $30,435
2020 $3,719 $41,475 $11,552 $29,923
2019 $3,624 $41,080 $11,442 $29,638
2018 $2,499 $28,787 $13,442 $15,345
2017 $2,463 $27,879 $13,018 $14,861
2016 $2,369 $26,433 $12,343 $14,090
2015 $2,342 $24,706 $11,537 $13,169
2014 $1,851 $23,513 $11,078 $12,435
2012 $2,327 $25,232 $11,888 $13,344
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08521509

Midwest Real Estate Data (MRED)

APN: 11-32-409-244