Seller's Agent in 2023
Alissa McNicholas
Compass
(847) 530-3098
108 in this area
161 Total Sales
937 Timber Ln Lake Forest, IL 60045
Estimated Value: $982,000 - $1,131,000
4
Beds
2.5
Baths
2,910
Sq Ft
$373/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Landscaped Professionally
- Property is near a park
- Cherokee Elementary School Rated A
- Mature Trees
- Family Room with Fireplace
About This Home
As of July 2023Nestled in the desirable Whispering Oaks neighborhood, this brick Colonial home sits proudly on a corner lot, exuding a commanding presence. Boasting four bedrooms and 2 1/2 baths, this home offers an expansive 2,910 square feet of comfortable living space. A curved staircase adds an elegant touch to the foyer. Hardwood floors in most rooms create a warm and inviting ambiance throughout. The spacious living room with a beautiful bay window and a wood-burning fireplace, flows into a sunroom that provides access to the patio and a private, fenced backyard. A formal dining room includes a matching bay window. The family room includes built-in shelving on either side of another wood-burning fireplace. An eat-in kitchen offers ample storage space and a sliding glass door opens to the yard, allowing for easy outdoor dining and enjoyment. For added convenience, a first-floor laundry and mudroom are adjacent to the attached 2-car garage which boasts an epoxy floor. Upstairs, you'll find four bedrooms, each featuring hardwood floors and plantation shutters. The primary suite offers double closets, a dual vanity, and a separate walk-in shower. The partially finished basement includes a recreation room and an additional room that can serve as a home office, exercise space, or adapted for other uses. Outside, this beautifully maintained yard and impeccable curb appeal further enhance the allure of the property. A wooded side yard offers boundless possibilities as a serene and secluded space, or incorporate it into the main yard if desired.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,910
Year Built
- Built in 1963
Lot Details
- 0.51 Acre Lot
- Lot Dimensions are 200x110
- Fenced Yard
- Landscaped Professionally
- Corner Lot
- Paved or Partially Paved Lot
- Mature Trees
- Wooded Lot
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,910 Sq Ft Home
- 2-Story Property
- Built-In Features
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Recreation Room
- Heated Sun or Florida Room
- Home Gym
- Unfinished Attic
Kitchen
- Double Oven
- Cooktop with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Parquet
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Partial Basement
- Crawl Space
Schools
- Cherokee Elementary School
- Deer Path Middle School
- Lake Forest High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Additional Features
- Patio
- Property is near a park
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2023
Closed on
Jul 14, 2023
Sold by
Retzky Charles M and Retzky Laurie F
Bought by
Oneill Anthony J and Oneill Emilie C
Seller's Agent
Alissa McNicholas
Compass
Buyer's Agent
Lori Baker
Compass
List Price
$949,000
Sold Price
$969,000
Premium/Discount to List
$20,000
2.11%
Views
45
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,099
Avg. Annual Appreciation
5.47%
Original Mortgage
$871,131
Outstanding Balance
$855,193
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$229,731
Purchase Details
Closed on
Jul 21, 2005
Sold by
Peterson Jane E
Bought by
Retzky Charles M and Retzky Laurie F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 16, 1995
Sold by
Peterson Jack C and Peterson Jane E
Bought by
Peterson Jane E
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 |
|---|---|---|---|
| Oneill Anthony J | $969,000 | Chicago Title | |
| Retzky Charles M | $925,000 | -- | |
| Peterson Jane E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Oneill Anthony J | $871,131 | |
| Previous Owner | Retzky Charles M | $525,500 | |
| Previous Owner | Retzky Charles M | $100,000 | |
| Previous Owner | Retzky Charles M | $475,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2023 07/14/23 | Sold | $969,000 | +2.1% | $333 / Sq Ft |
| 06/01/2023 06/01/23 | Pending | -- | -- | -- |
| 05/29/2023 05/29/23 | For Sale | $949,000 | -- | $326 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $14,263 | $284,419 | $115,361 | $169,058 |
| 2023 | $13,910 | $243,710 | $98,849 | $144,861 |
| 2022 | $13,910 | $242,444 | $104,086 | $138,358 |
| 2021 | $13,134 | $233,749 | $100,353 | $133,396 |
| 2020 | $12,796 | $234,241 | $100,564 | $133,677 |
| 2019 | $12,372 | $233,843 | $100,393 | $133,450 |
| 2018 | $13,020 | $260,159 | $106,408 | $153,751 |
| 2017 | $12,891 | $259,330 | $106,069 | $153,261 |
| 2016 | $12,483 | $249,524 | $102,058 | $147,466 |
| 2015 | $12,269 | $234,449 | $95,892 | $138,557 |
| 2014 | $12,406 | $239,751 | $96,578 | $143,173 |
| 2012 | $12,046 | $237,636 | $95,726 | $141,910 |
Source: Public Records
Agents Affiliated with this Home
-
Alissa McNicholas
-
Lori Baker
Seller Co-Listing Agent in 2023
Lori Baker
Compass
(847) 863-1791
116 in this area
165 Total Sales
-
Peter Coutant
Buyer Co-Listing Agent in 2023
Peter Coutant
Compass
(224) 221-4026
5 in this area
7 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11793224
APN: 16-09-202-009
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