NOT LISTED FOR SALE

980 Walden Ln Lake Forest, IL 60045

Estimated Value: $1,997,000 - $2,559,000

1.22 Acres
$1,937,321 Price per Acre
53,143 Sq Ft Lot

Last Sold May 24, 2016

Last sale price $1,300,000

Est. 82% increase in value since last sale

Current estimated payment $16,100/month

16 Days on Market

About This Lot

As of May 2016

Beautiful 1.2 acre lot lot overlooking wide ravine! Level table land, south facing lot. One of the few east Lake Forest lots left. Prior house was removed.

Last Agent to Sell the Property

Marina Carney

Compass License #475123100 Listed on: 03/16/2016

Compass

Co-Listed By

Andrew Mrowiec

Compass License #471004617

Last Buyer's Agent

John Comerford

Compass License #475164035

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $42,828

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$42,828

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Utilities To Site: Electric to Site, Gas to Site
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Acreage: 1.22
  • Frontage Access: City Street
  • Front Footage: 292

Schools

  • School District: 115
  • Elementary School: CHEROKEE ELEMENTARY SCHOOL
  • Middle School: DEER PATH MIDDLE SCHOOL
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 108X184X73X90X112X74X69X116X199
  • Parcel Identification Number: 16031080150000

Tax Info

  • Taxes: 15020.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2018
Sold by
Vance William C
Bought by
Vance William C and William C Vance Residence Trust
Current Estimated Value
$2,363,532

Purchase Details

Closed on
Aug 31, 2017
Sold by
Vance William C
Bought by
Vance William C and The William C Vance Trust

Purchase Details

Listed on
Mar 16, 2016
Closed on
May 23, 2016
Sold by
Depree Joan P
Bought by
Vance William C
Seller's Agent
Marina Carney
Compass
Buyer's Agent
John Comerford
Compass
List Price
$1,300,000
Sold Price
$1,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%

Purchase Details

Closed on
May 15, 2007
Sold by
Gimbel Stuart and Gimbel Sherry
Bought by
Depree Joan and Joan Depree Living Trust

Purchase Details

Closed on
Jul 20, 2005
Sold by
Kendler Patricia Lockhart and Lockhart David L
Bought by
Gimbel Stuart and Gimbel Sherry

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
6.01%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 14, 2000
Sold by
Lockhart James L
Bought by
Lockhart James L
Source: Public Records

Range of Values:

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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
Vance William C -- Attorney
Vance William C -- Attorney
Vance William C $1,300,000 Ct
Depree Joan $2,050,000 St
Gimbel Stuart $2,000,000 --
Lockhart James L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2016 05/24/16 Sold $1,300,000 0.0% --
04/01/2016 04/01/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $1,300,000 -- --
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 $42,828 $766,821 $248,357 $518,464
2023 $42,557 $691,203 $223,866 $467,337
2022 $42,557 $713,225 $245,930 $467,295
2021 $40,367 $689,439 $237,728 $451,711
2020 $27,966 $493,018 $237,728 $255,290
2019 $26,679 $490,712 $236,616 $254,096
2018 $11,616 $219,621 $219,621 $0
2017 $11,359 $218,355 $218,355 $0
2016 $10,905 $207,878 $207,878 $0
2015 $10,654 $193,141 $193,141 $0
2014 $14,823 $267,806 $267,806 $0
2012 $18,127 $269,368 $269,368 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09167451

Midwest Real Estate Data (MRED)

APN: 16-03-108-015