857 Timber Ln Lake Forest, IL 60045
Estimated Value: $1,329,139 - $1,409,000
5
Beds
5
Baths
3,848
Sq Ft
$358/Sq Ft
Est. Value
About This Home
This home is located at 857 Timber Ln, Lake Forest, IL 60045 and is currently estimated at $1,375,785, approximately $357 per square foot. 857 Timber Ln 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
Jul 27, 2017
Sold by
Reidy Barbara B
Bought by
Mitchell Errol and Mitchell Kelly
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$755,000
Outstanding Balance
$628,453
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$747,332
Purchase Details
Closed on
Apr 25, 2007
Sold by
Reidy Barbara B
Bought by
Reidy Barbara B and Barbara B Reidy Declaration Of Trust
Purchase Details
Closed on
Jun 12, 2005
Sold by
Anne Desmarais Robert and Anne Desparais
Bought by
Reidy Barbara B
Purchase Details
Closed on
Mar 7, 2005
Sold by
Wingader William L and Wingader Judith M
Bought by
Desmarais Robert and Desmarais Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
5%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 4, 2002
Sold by
Wingader William L
Bought by
Wingader William L and Wingader Judith M
Purchase Details
Closed on
Sep 30, 1997
Sold by
Wingader William L and Wingader Judith M
Bought by
Wingader William L and Wingader Judith M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mitchell Errol | $943,750 | None Available | |
| Reidy Barbara B | -- | None Available | |
| Reidy Barbara B | $1,170,000 | Chicago Title Insurance Comp | |
| Desmarais Robert | $1,075,000 | Chicago Title Insurance Comp | |
| Wingader William L | -- | -- | |
| Wingader William L | -- | -- | |
| Wingader William L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mitchell Errol | $755,000 | |
| Previous Owner | Desmarais Robert | $860,000 | |
| Closed | Desmarais Robert | $107,500 |
Source: Public Records
Tax History Compared to Growth
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 | $19,010 | $363,642 | $123,751 | $239,891 |
| 2023 | $18,025 | $311,593 | $106,038 | $205,555 |
| 2022 | $18,025 | $305,975 | $111,655 | $194,320 |
| 2021 | $17,040 | $295,001 | $107,650 | $187,351 |
| 2020 | $16,597 | $295,622 | $107,877 | $187,745 |
| 2019 | $16,041 | $295,120 | $107,694 | $187,426 |
| 2018 | $16,378 | $321,945 | $114,147 | $207,798 |
| 2017 | $16,084 | $320,918 | $113,783 | $207,135 |
| 2016 | $15,580 | $308,782 | $109,480 | $199,302 |
| 2015 | $15,326 | $290,127 | $102,866 | $187,261 |
| 2014 | $15,518 | $297,098 | $103,602 | $193,496 |
| 2012 | $15,049 | $294,477 | $102,688 | $191,789 |
Source: Public Records
Map
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