When was property at 980 Verda Lane built and last sold?

The property at 980 Verda Lane was built in 1956 and last sold on Jul 22, 2003 for $120,000.

How much is this home worth?

The estimated value of the home located at 980 Verda Lane is $479,649.

What are some comparable homes to 980 Verda Lane?

There are currently no comparable homes to 980 Verda Lane.

Lake Forest

60045

Deerpath Hill Estates

980 Verda Lane

$450,000

● House - Off Market

980 Verda Lane

Lake Forest, IL 60045

3 Beds

2 Baths

1,970 Ft²

$3,018

Est. Monthly

6.48%

Cap Rate

About This Property

This tucked-away ranch has been loved for so many years and is now ready for a refresh. High ceilings show off mid-century architectural details. One story living with floor to ceiling windows on a lush, private lot. Cedar siding, 2 car attached garage and close to town with added drainage system. It was a retreat for Zen masters, Buddhists and other religious leaders for many years with much wisdom exchanged in the great room. Make it your own and enjoy all that Lake Forest has to offer.

Unit Size

1,970 Ft²

Days on Market

Land Size

0.56 acres

Price per sqft

$241

Property Type

House

Property Taxes

$686

HOA Dues

Year Built

1956

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12122931)

Price History

Date / Event	Date	Event
Nov 6, 2024	Sold	Premium
Sold
Aug 23, 2024	In contract	-
In contract
Aug 20, 2024	Price Decreased	$474,900 ↓ $24K (4.8%)
Price Decreased
Aug 7, 2024	In contract	-
In contract
Jul 30, 2024	Listed by Berkshire Hathaway HomeServices Chicago	$499,000
Listed by Berkshire Hathaway HomeServices Chicago

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1956

Effective Year Built: 1956
Building Count: 1
Bedroom Count: 0
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 6
Building Condition: 6
Building Quality: 4
Construction Type: 6
Building Style: 11
Exterior Walls Type: 18
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 484
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 24,311

Total Building Area: 1,970
Gross Building Area: 1,970
Building Area: 1,486
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 6
Heating: 4
Heated Square Feet: 1,486
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: DEERPATH HILL ESTATES
Land Acres: 0000000558
Standard Land Use Code: 1001
County Land Use Code: 40
Legal Description 1: DEERPATH HILL ESTATES LOT 12

Neighborhood

School District Name: Lake Forest Community High School District 115

Census Tract: 863500

Geography

Assessors Map Reference: 2649-C3

District: SHIELDS
Parcel: 12-31-404-002
Lot: 12
Municipality: TWP OF SHIELDS
Latitude: 42.2456
Longitude: -87.8713

Address

Full Address: 980 Verda Ln

Address - House Number: 980
Address - Street Name: Verda
Address - Suffix Type: Ln
State: IL
City Name: Lake Forest
Carrier Code: C023
4-Digit Zip Code: 2060
Zip Code: 60045

Valuation

Tax

Tax Year: 2022

Tax Amount: $822,814
Tax Rate Code Area: 10014

Appraisal Valuation

Standard Deviation: 0.1761

Valuation Date: Feb 28, 2024
Confidence Score: 77
Final Value: 462,080
High Value: 543,457
Low Value: 380,703

Market Valuation

Market Total Value: $458,917

Market Land Value: $295,857
Market Improvement Value: $163,060

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $152,957
Assessed Land Value: $98,609
Assessed Improvements Value: $54,348

Exemptions

Senior Citizen Exemption : Yes

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jul 22, 2003

Current Sale Recording Date: May 25, 2004
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 5567333

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Deerpath Hill Estates

Stats & Trends

Median Asking:

$1,150,000

Sale Price/ft²

$394

Below Asking

0.02%

Average Days on Market

Average Home Size

3324 ft²

Average Home Age

58.4 years

Currently For Sale

0 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1301 N Western Avenue, Lake Forest, IL, 60045

$3,300 /mo

2 Beds
2 Baths
1,166 ft²

1301 N Western Avenue #231, Lake Forest, IL, 60045 Listing by Karen Schmid

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Kimberly Shortsle, Berkshire Hathaway HomeServices Chicago
Last Updated: 2 years ago
Data Source: MRED, MLS# 12122931

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

980 Verda Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Deerpath Hill Estates

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions