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537 King Muir Road

537 King Muir Road, Lake Forest, IL 60045
Sold Mar 15, 2022
$950,000
$712,500 by Jpmorgan Chase Bank Na
Mortgage Due Mar 01, 2052
Sold Nov 10, 2021
$890,000
$726,240 by Lendsure Mortgage Corp
Mortgage Due Oct 01, 2051
537 King Muir Road in Lake Forest, IL was first built in 1902 and is 122 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 537 King Muir Road has 2,685 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 40,075 square feet.

Learn more about the property and building on this page. The roof of the home is made of wood shake/ shingles. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Feb 24, 2022 for $950,000. That's $337.12 per sqft. Prior to that sales transaction, the property was also sold in Sep 8, 2021 for $890,000. 537 King Muir Road was last assessed in 2023. The total value of the property was assessed at $225,887. Specifically, the land the property is located on was valued at $125,277. While improvements on the property were assessed at a total of $100,610. 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 $13,189. The initial tax year of delinquency was in 2021. 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: 1902
  • Effective Year Built: 1902
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 133
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 2,818
  • Gross Building Area: 2,818
  • Building Area: 2,685
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,685
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEROY BURTON EST SUB
  • Land Acres: 0.92
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT E1/2 NE; BEG S LN LEROY BURTON EST SUB 430W OF E LN NE,S // TO E LN 380, W119.09, N221.57, N89DG 52MN 30SC E24,N4 4DG 56MN 15SC E12.97, N149.25 TO S LN SD SUB, E85.86 TO P

Ownership

  • Current Owner : BEYER-LOOPE FAMILY TRUST
  • Previous Owner : WOODIE SHAWN C
  • Owner Before Previous Owner: GRINNELL MAUREEN EDDY
  • Owner Before Previous Owner 2: MAUREEN EDDY GRINNELL TRUST
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Assessors Map Reference: 2649-C3
  • District: SHIELDS
  • Parcel: 12-31-200-005
  • Meridian: SEC 31 TWN 44N RNG 12E
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2503
  • Longitude: -87.8684

    Address

  • Full Address: 537 King Muir Rd
  • Address - House Number: 537
  • Address - Street Name: King Muir
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C034
  • 4-Digit Zip Code: 1640
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,189
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 10014

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 892,343
  • High Value: 1,044,839
  • Low Value: 739,848

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $712,500
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 15, 2022
  • First Open Lien Mortgage Loan Amount: $712,500
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $677,729
  • Market Land Value: $375,869
  • Market Improvement Value: $301,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,887
  • Assessed Land Value: $125,277
  • Assessed Improvements Value: $100,610

    Sales

  • Current Sale Contract Date: Feb 24, 2022
  • Current Sale Recording Date: Mar 15, 2022
  • Current Sale Transaction ID: 11882592801
  • Current Sale Price: $950,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7885203
  • Previous Sale Recording Date: Nov 10, 2021
  • Previous Sale Contract Date: Sep 08, 2021
  • Previous Sale Amount: $890,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Mar 15, 2022
  • First Mortgage Loan Amount: $712,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: LENDSURE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 10, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $726,240
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2051

About Burtons Petite Estates



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Frequently Asked Questions

What neighborhood is 537 King Muir Road located in?
The 537 King Muir Road is a located in the neighborhood of Burtons Petite Estates in Burtons Petite Estates, Lake Forest.
What is the average sales price for listings in 537 King Muir Road?
The average sales price for units in 537 King Muir Road is $0 currently.

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