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2001 Knollwood Road

2001 Knollwood Road, Lake Forest, IL 60045
Property in Shields
Sold Nov 22, 1999
$2,175,000
$338,102 by David M Kavanagh 2010 Trust
Mortgage Due Aug 01, 2043
Local assessors in Lake Forest, IL have categorized 2001 Knollwood Road as a residential type of property. The home was built in 1930 and is 94 years old. It was most recently renovated and altered in 1942. The property's lot size has been calculated to be 108,900 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2001 Knollwood Road has a total of 6,253 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 396 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a roof that is made of wood shake/ shingles. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a hot water heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2001 Knollwood Road sold most recently in Nov 15, 1999 for a total of $2,175,000. If you work out the math, that's approximately a cost of $253.32 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $32,330 in taxes each year. 2001 Knollwood Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $545,911. If we break it down further, the land itself was valued at $213,833. Improvements to the property, however, were assessed at a total of $332,078. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1942
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,937
  • Garage Type: Attached
  • Garage Square Area: 396
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 108,900
  • Total Building Area: 8,586
  • Gross Building Area: 8,586
  • Building Area: 6,253
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 6,253
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KNOLLWOOD CLUB SUB
  • Land Acres: 2.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KNOLLWOOD CLUB SUB 2.573 A TRACT A LOT 4

Ownership

  • Current Owner : DOLLINGER MARY M
  • Previous Owner : EBERLY REED H
  • Previous Owner 2: EBERLY JANE D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Forest Community High School District 115
  • Census Tract: 863500

Geography

  • Assessors Map Reference: 2593-B6
  • District: SHIELDS
  • Subdivision Tract Number: A
  • Parcel: 12-19-301-003
  • Lot: 4
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2761
  • Longitude: -87.8827

    Address

  • Full Address: 2001 Knollwood Rd
  • Address - House Number: 2001
  • Address - Street Name: Knollwood
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C009
  • 4-Digit Zip Code: 1136
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $32,330
  • Tax Rate Code Area: 10044

    Appraisal Valuation

  • Standard Deviation: 0.1828
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 2,740,714
  • High Value: 3,241,809
  • Low Value: 2,239,619

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $338,102
  • First Open Lien Mortgage Lender: DAVID M KAVANAGH 2010 TRUST
  • First Open Lien Mortgage Recording Date: Sep 05, 2023
  • First Open Lien Mortgage Loan Amount: $338,102
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2043

    Market Valuation

  • Market Total Value: $1,637,897
  • Market Land Value: $641,563
  • Market Improvement Value: $996,334

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $545,911
  • Assessed Land Value: $213,833
  • Assessed Improvements Value: $332,078

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 15, 1999
  • Current Sale Recording Date: Nov 22, 1999
  • Current Sale Transaction ID: 11458452039
  • Current Sale Price: $2,175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4455498

    Last Sale Mortgage

  • First Mortgage Lender: HARRIS TRUST & SVGS BANK
  • First Mortgage Transaction Date: Nov 22, 1999
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Dec 01, 2029

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lake Forest



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Frequently Asked Questions

What neighborhood is 2001 Knollwood Road located in?
The 2001 Knollwood Road is a located in the neighborhood of Shields in Lake Forest, Lake Forest.
What is the average sales price for listings in 2001 Knollwood Road?
The average sales price for units in 2001 Knollwood Road is $0 currently.

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