NOT LISTED FOR SALE

870 Timber Ln Lake Forest, IL 60045

Estimated Value: $1,039,000 - $1,421,000

5 Beds
4 Baths
5,038 Sq Ft
$256/Sq Ft Est. Value

About This Home

This home is located at 870 Timber Ln, Lake Forest, IL 60045 and is currently estimated at $1,287,566, approximately $255 per square foot. 870 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
Jun 10, 2021
Sold by
Brown Carter H and Brown Elizabeth F
Bought by
Parato Angelo M and Muelhausen Ashley M
Current Estimated Value
$1,287,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2008
Sold by
Hoefer Jonathan E and Hoefer Kristen M
Bought by
Brown Carter H and Brown Elizabeth F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 2004
Sold by
Whalley Richard E
Bought by
Hoefer Jonathan E and Hoefer Kristen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.82%
Mortgage Type
Unknown

Purchase Details

Closed on
May 16, 2000
Sold by
Whalley Dorothy T
Bought by
Whalley Richard E and Richard E Whalley Insurance Trust

Purchase Details

Closed on
Nov 24, 1998
Sold by
Gall Frank C
Bought by
Whalley Dorothy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,800
Interest Rate
6%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Parato Angelo M $1,020,000 Chicago Title
Brown Carter H $1,207,500 Stewart Title Company
Hoefer Jonathan E $700,000 Ticor Title Insurance Compan
Whalley Richard E -- --
Whalley Dorothy T $421,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parato Angelo M $745,000
Previous Owner Brown Carter H $940,000
Previous Owner Brown Carter H $969,000
Previous Owner Brown Carter H $1,000,000
Previous Owner Hoefer Jonathan E $150,000
Previous Owner Hoefer Jonathan E $150,000
Previous Owner Hoefer Jonathan E $560,000
Previous Owner Whalley Dorothy T $336,800
Source: Public Records

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 $20,774 $396,631 $104,874 $291,757
2023 $19,421 $339,860 $89,863 $249,997
2022 $19,421 $329,318 $94,623 $234,695
2021 $18,361 $317,506 $91,229 $226,277
2020 $17,883 $318,174 $91,421 $226,753
2019 $17,284 $317,634 $91,266 $226,368
2018 $18,477 $359,785 $96,734 $263,051
2017 $18,294 $358,637 $96,425 $262,212
2016 $17,733 $345,076 $92,779 $252,297
2015 $17,473 $324,228 $87,174 $237,054
2014 $17,536 $329,258 $87,798 $241,460
2012 $16,936 $326,353 $87,023 $239,330
Source: Public Records

Map

Illinois Lake County Lake Forest 60045

870 Timber Ln, Lake Forest, IL

Homes for Sale in Lake Forest, IL

This home is located at 870 Timber Ln, Lake Forest, IL 60045 and is currently estimated at $1,287,566, approximately $255 per square foot. 870 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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