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481 Muirfield Lane

481 Muirfield Lane, Deerfield, IL 60015
Property in Thorngate
Sold Jun 12, 2023
$787,500
$630,000 by Waterman Bank
Mortgage Due Jun 01, 2053
Sold Sep 09, 2021
$649,000
$519,000 by Abbott Laboratories Employees
Mortgage Due Aug 01, 2051
481 Muirfield Lane has been categorized by the local assessors in Deerfield, IL as a residential type of property. The building on the property was first built in 1995 and is 29 years old. The home has a total of 5 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 481 Muirfield Lane has 2,708 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 8,276 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 650 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. 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 composition shingle. The exterior walls of the building are made of wood siding. 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, 481 Muirfield Lane sold most recently in May 12, 2023 for a total of $787,500. If you work out the math, that's approximately a cost of $164.61 per sqft. Before that, the property was also sold for $649,000 in Jul 26, 2021. 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 $17,876 in taxes each year. 481 Muirfield Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $200,819. If we break it down further, the land itself was valued at $74,159. Improvements to the property, however, were assessed at a total of $126,660. 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. 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.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: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,426
  • Garage Type: Attached
  • Garage Square Area: 650
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 4,784
  • Gross Building Area: 4,784
  • Building Area: 2,708
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,708
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THORNGATE SUB UNIT 4
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THORNGATE SUB UNIT 4; LOT 9

Ownership

  • Current Owner : FACER JUSTIN P
  • Current Owner 2: NEWMAN SAMANTHA J
  • Previous Owner : DUNBAR MARTIN
  • Previous Owner 2: DUNBAR FENGJIAO
  • Owner Before Previous Owner: LEUNG DOMINIC K
  • Owner Before Previous Owner 2: LAU ANGEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 113
  • Census Tract: 864802

Geography

  • Assessors Map Reference: 2756-A1
  • District: WEST DEERFIE
  • Parcel: 16-31-114-009
  • Lot: 9
  • Municipality: TWP OF WEST DEERFIELD
  • Latitude: 42.1619
  • Longitude: -87.8854

    Address

  • Full Address: 481 Muirfield Ln
  • Legal Unit: 4
  • Address - House Number: 481
  • Address - Street Name: Muirfield
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Riverwoods
  • Carrier Code: C011
  • 4-Digit Zip Code: 3882
  • Zip Code: 60015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,876
  • Tax Rate Code Area: 17021

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 817,231
  • High Value: 956,593
  • Low Value: 677,869

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $630,000
  • First Open Lien Mortgage Lender: WATERMAN BANK
  • First Open Lien Mortgage Recording Date: Jun 12, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $630,000
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $602,517
  • Market Land Value: $222,499
  • Market Improvement Value: $380,018

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,819
  • Assessed Land Value: $74,159
  • Assessed Improvements Value: $126,660

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: Jun 12, 2023
  • Current Sale Transaction ID: 11907907859
  • Current Sale Price: $787,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7977901
  • Previous Sale Recording Date: Sep 09, 2021
  • Previous Sale Contract Date: Jul 26, 2021
  • Previous Sale Amount: $649,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WATERMAN BANK
  • First Mortgage Transaction Date: Jun 12, 2023
  • First Mortgage Loan Amount: $630,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: ABBOTT LABORATORIES EMPLOYEES
  • Previous Mortgage Transaction Date: Sep 09, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $519,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2051

About Thorngate



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Frequently Asked Questions

What neighborhood is 481 Muirfield Lane located in?
The 481 Muirfield Lane is a located in the neighborhood of Thorngate in Thorngate, Deerfield.
What is the average sales price for listings in 481 Muirfield Lane?
The average sales price for units in 481 Muirfield Lane is $0 currently.

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