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385 King Muir Road

385 King Muir Road, Lake Forest, IL 60045
Property in Deerpath Woods
Sold Jul 07, 2022
$1,725,000
Sold Mar 09, 2010
$1,292,500
$904,000 by The Northern Trust Co
Mortgage Due Apr 01, 2040
Local assessors in Lake Forest, IL have categorized 385 King Muir Road as a residential type of property. The home was built in 1968 and is 56 years old. The property's lot size has been calculated to be 31,890 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 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 385 King Muir Road has a total of 3,706 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 644 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 slate. 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 forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 30, 2022 for $1,725,000. That's $257.58 per sqft. Prior to that sales transaction, the property was also sold in Feb 5, 2010 for $1,292,500. 385 King Muir Road was last assessed in 2023. The total value of the property was assessed at $315,494. Specifically, the land the property is located on was valued at $115,019. While improvements on the property were assessed at a total of $200,475. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $18,523. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2,347
  • Garage Type: Attached
  • Garage Square Area: 644
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 31,890
  • Total Building Area: 6,697
  • Gross Building Area: 6,697
  • Building Area: 3,706
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,706
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DEERPATH HILLS ESTATES
  • Land Acres: 0.732
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DEERPATH HILLS ESTATES LOT 41

Ownership

  • Current Owner : CHICAGO TITLE LAND TRUST
  • Previous Owner : LINDSEY M RAGSDALE REVOCABLE TRUST
  • Owner Before Previous Owner: WEISSMANN BRIAN P
  • Owner Before Previous Owner 2: WEISSMANN PAGE A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • District: SHIELDS
  • Parcel: 12-31-403-001
  • Lot: 41
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2468
  • Longitude: -87.8694

    Address

  • Full Address: 385 King Muir Rd
  • Address - House Number: 385
  • Address - Street Name: King Muir
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C023
  • 4-Digit Zip Code: 2036
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,523
  • Tax Rate Code Area: 10014

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 1,176,716
  • High Value: 1,364,697
  • Low Value: 988,735

    Market Valuation

  • Market Total Value: $946,577
  • Market Land Value: $345,092
  • Market Improvement Value: $601,485

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,494
  • Assessed Land Value: $115,019
  • Assessed Improvements Value: $200,475

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2022
  • Current Sale Recording Date: Jul 07, 2022
  • Current Sale Transaction ID: 11891411098
  • Current Sale Price: $1,725,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 7917525
  • Previous Sale Recording Date: Mar 09, 2010
  • Previous Sale Contract Date: Feb 05, 2010
  • Previous Sale Amount: $1,292,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: THE NORTHERN TRUST CO
  • Previous Mortgage Transaction Date: Mar 09, 2010
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $904,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2040

About Deerpath Woods



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Frequently Asked Questions

What neighborhood is 385 King Muir Road located in?
The 385 King Muir Road is a located in the neighborhood of Deerpath Woods in Deerpath Woods, Lake Forest.
What is the average sales price for listings in 385 King Muir Road?
The average sales price for units in 385 King Muir Road is $0 currently.

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