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440 King Muir Road

440 King Muir Road, Lake Forest, IL 60045
Sold Oct 25, 2023
$1,900,000
$1,000,000 by Jpmorgan Chase Bank Na
Mortgage Due Nov 01, 2053
Sold Jul 15, 2015
$1,300,000
$1,040,000 by Abbott Laboratories Employees
Mortgage Due Jul 01, 2045
440 King Muir Road has been categorized by the local assessors in Lake Forest, IL as a residential type of property. The building on the property was first built in 1979 and is 45 years old. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 440 King Muir Road has 4,873 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 37,440 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 440 King Muir Road sold most recently in Oct 3, 2023 for a total of $1,900,000. If you work out the math, that's approximately a cost of $284.99 per sqft. Before that, the property was also sold for $1,300,000 in Jun 17, 2015. 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 $21,266 in taxes each year. The initial year of tax delinquency occurred in 2021. 440 King Muir Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $360,924. If we break it down further, the land itself was valued at $122,372. Improvements to the property, however, were assessed at a total of $238,552. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,218
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 37,440
  • Total Building Area: 6,667
  • Gross Building Area: 6,667
  • Building Area: 4,873
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,873
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FIRST ADD
  • Land Acres: 0.86
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FIRST ADD TO DEERPATH HILL ESTATES LOT 1

Ownership

  • Current Owner : BERGER MICHAEL J
  • Previous Owner : LUCANIA JOHN C
  • Previous Owner 2: LUCANIA CHERI
  • Owner Before Previous Owner: CHABRAJA NICHOLAS D
  • Owner Before Previous Owner 2: CHABRAJA ELEANOR
  • Ownership Rights Codes: unknown

Neighborhood

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

Geography

  • District: SHIELDS
  • Parcel: 12-31-215-008
  • Lot: 1
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2478
  • Longitude: -87.8702

    Address

  • Full Address: 440 King Muir Rd
  • Address - House Number: 440
  • Address - Street Name: King Muir
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C023
  • 4-Digit Zip Code: 1639
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,266
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 10014

    Appraisal Valuation

  • Standard Deviation: 0.1535
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 1,533,491
  • High Value: 1,768,901
  • Low Value: 1,298,080

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 25, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $1,082,881
  • Market Land Value: $367,153
  • Market Improvement Value: $715,728

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $360,924
  • Assessed Land Value: $122,372
  • Assessed Improvements Value: $238,552

    Sales

  • Current Sale Contract Date: Oct 03, 2023
  • Current Sale Recording Date: Oct 25, 2023
  • Current Sale Transaction ID: 11915069881
  • Current Sale Price: $1,900,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8002874
  • Previous Sale Recording Date: Jul 15, 2015
  • Previous Sale Contract Date: Jun 17, 2015
  • Previous Sale Amount: $1,300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Oct 25, 2023
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: ABBOTT LABORATORIES EMPLOYEES
  • Previous Mortgage Transaction Date: Jul 15, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,040,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jul 01, 2045

About Deerpath Hill Estates



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Frequently Asked Questions

What neighborhood is 440 King Muir Road located in?
The 440 King Muir Road is a located in the neighborhood of Deerpath Hill Estates in Deerpath Hill Estates, Lake Forest.
What is the average sales price for listings in 440 King Muir Road?
The average sales price for units in 440 King Muir Road is $0 currently.

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