785 Summit Ave Lake Forest, IL 60045
Estimated Value: $1,007,455 - $1,211,000
Studio
2
Baths
2,267
Sq Ft
$494/Sq Ft
Est. Value
About This Home
This home is located at 785 Summit Ave, Lake Forest, IL 60045 and is currently estimated at $1,119,614, approximately $493 per square foot. 785 Summit Ave is a home located in Lake County with nearby schools including Sheridan Elementary School, Deer Path Middle School East, and Lake Forest High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 25, 2018
Sold by
Sibley Frank and Laura L Sibley Declation Of Tr
Bought by
Sibley Frank and Frank J Sibley Declaration Of
Current Estimated Value
Purchase Details
Closed on
Sep 30, 2012
Sold by
Sibley Frank J and Sibley Laura L
Bought by
Sibley Laura L and Laura L Sibley Trust
Purchase Details
Closed on
Dec 27, 2005
Sold by
Goberville Patrice W
Bought by
Sibley Frank J and Sibley Laura L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 13, 2002
Sold by
Valaika Peter J
Bought by
Goberville Patrice W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
5.87%
Purchase Details
Closed on
Mar 14, 1997
Sold by
Mccamey H Bruce and Mccamey Lorraine M
Bought by
Valaika Peter J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
8%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sibley Frank | -- | Attorney | |
| Sibley Laura L | -- | None Available | |
| Sibley Frank J | $880,000 | St | |
| Goberville Patrice W | $690,000 | Chicago Title Insurance Co | |
| Valaika Peter J | $485,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sibley Frank J | $704,000 | |
| Previous Owner | Goberville Patrice W | $414,000 | |
| Previous Owner | Valaika Peter J | $485,000 |
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 | $16,462 | $277,563 | $90,139 | $187,424 |
| 2023 | $16,462 | $277,563 | $79,136 | $198,427 |
| 2022 | $15,003 | $259,465 | $73,976 | $185,489 |
| 2021 | $14,581 | $257,227 | $73,338 | $183,889 |
| 2020 | $14,257 | $258,650 | $73,744 | $184,906 |
| 2019 | $13,543 | $253,902 | $72,390 | $181,512 |
| 2018 | $6,547 | $249,611 | $96,365 | $153,246 |
| 2017 | $12,223 | $245,438 | $94,754 | $150,684 |
| 2016 | $11,702 | $258,538 | $90,190 | $168,348 |
| 2015 | $11,543 | $243,445 | $84,925 | $158,520 |
| 2014 | $11,931 | $225,897 | $76,246 | $149,651 |
| 2012 | $11,973 | $227,856 | $76,907 | $150,949 |
Source: Public Records
Map
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