986 Timber Ln Lake Forest, IL 60045
Estimated Value: $996,000 - $1,134,000
4
Beds
3
Baths
2,808
Sq Ft
$374/Sq Ft
Est. Value
About This Home
This home is located at 986 Timber Ln, Lake Forest, IL 60045 and is currently estimated at $1,051,009, approximately $374 per square foot. 986 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
Aug 1, 2005
Sold by
Schulte Theodore K
Bought by
Buccelli Thomas M and Buccelli Cheryl A
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
$300,000
Outstanding Balance
$151,966
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$899,043
Purchase Details
Closed on
Feb 14, 2002
Sold by
Schulte Theodore K and Schulte Jane M
Bought by
Schulte Theodore K and Declaration Trust Of Theodore K Schulte
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Buccelli Thomas M | $769,000 | St | |
| Schulte Theodore K | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Buccelli Thomas M | $300,000 |
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 |
|---|---|---|---|---|
| 2025 | $16,057 | $299,612 | $118,744 | $180,868 |
| 2024 | $14,333 | $285,780 | $113,262 | $172,518 |
| 2023 | $14,024 | $244,876 | $97,051 | $147,825 |
| 2022 | $14,024 | $244,374 | $102,193 | $142,181 |
| 2021 | $13,243 | $235,610 | $98,528 | $137,082 |
| 2020 | $12,901 | $236,105 | $98,735 | $137,370 |
| 2019 | $12,473 | $235,704 | $98,567 | $137,137 |
| 2018 | $9,185 | $256,602 | $103,531 | $153,071 |
| 2017 | $12,705 | $255,784 | $103,201 | $152,583 |
| 2016 | $12,302 | $246,112 | $99,299 | $146,813 |
| 2015 | $12,093 | $231,243 | $93,300 | $137,943 |
| 2014 | $11,175 | $217,054 | $93,968 | $123,086 |
| 2012 | $10,858 | $215,139 | $93,139 | $122,000 |
Source: Public Records
Map
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