NOT LISTED FOR SALE

111 Murphy Lake Rd Park Ridge, IL 60068

Estimated Value: $2,272,000 - $2,443,000

2 Beds
4 Baths
2,350 Sq Ft
$1,010/Sq Ft Est. Value

Sale Details

Date Sold: December 23, 2020

Last sale price $659,100 $280 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $13,856 / mo

6 Days on Market

Highlights

  • Lake Front
  • Deck
  • Vaulted Ceiling
  • George B Carpenter Elementary School Rated A
  • Property is near forest and bus stop
  • Den

About This Home

As of December 2020

LAKEFRONT! RARE OPPORTUNITY FOR THOSE WITH IMAGINATION TO LIVE ON MURPHY LAKE AT AN AFFORDABLE PRICE SURROUNDED BY $1M-$2M HOMES. SERENE VIEWS OF WATER FROM EVERY ROOM MAKES VACATION & TRANQUILITY AN EVERYDAY EVENT, ESPECIALLY THESE DAYS WHILE WORKING FROM HOME. SECLUDED LOCATION SET ON A HALF ACRE LOT(21,000SF) ACROSS FROM THE FOREST PRESERVE & 100 YARDS FROM 56 MILES OF THE RIVER TRAIL BIKING/WALKING PATH. WALK-OUT BASEMENT, 2 FIREPLACES, ENSUITE, 2 FULL BATHS ON 2ND FLOOR, 15FT CEILING IN LIVING ROOM, FAMILY ROOM, 2 CAR ATTACHED GARAGE, CIRCULAR DRIVEWAY....CURRENTLY 2 BEDROOMS WITH EXCELLENT POTENTIAL & SPACE FOR 3RD BR ON 2ND FLOOR. OR, BUILD YOUR NEW EVERYDAY VACATION DREAM HOME LIKE THE NEW HOME UNDER CONSTRUCTION SEEN FROM THE BACK YARD ACROSS THE LAKE, THAT LOT SOLD FOR $800K A YEAR AGO. SO IF YOU WANT TO LIVE ON A LAKE, ON A PRIVATE & SECLUDED STREET, WITH A HALF ACRE LOT, ADJACENT TO A FOREST PRESERVE WITH BIKING/WALKING TRAILS & ALL THE CONVENIENCES & EXCELLENT SCHOOLS OF PARK RIDGE AT ABOUT HALF THE PRICE OF THE SURROUNDING HOMES, THEN YOU NEED TO BRING YOUR IMAGINATION & COME SEE THIS PROPERTY. ESTATE SALE SOLD "AS IS"....

Last Agent to Sell the Property

John Forsythe

Coldwell Banker Realty License #475147923 Listed on: 11/08/2020

Coldwell Banker Realty

Last Buyer's Agent

Edyta Kamykowska

Chicagoland Brokers, Inc. License #475114943

Chicagoland Brokers, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • 1965

Lot Details

  • Lake Front
  • Cul-De-Sac
  • Southern Exposure
  • East or West Exposure
  • Pie Shaped Lot

HOA Fees

  • $50 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Side Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Stone Siding

Interior Spaces

  • Vaulted Ceiling
  • Entrance Foyer
  • Sitting Room
  • Den
  • Water Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Rough-In Basement Bathroom

Outdoor Features

  • Access To Lake
  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Two Heating Systems
  • Water Rights
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Property is near forest and bus stop

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1965

Lot Details

0.48 Acres

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Square Footage Comments: WALKOUT GRADE LEVEL BASEMENT IS APPROX 550SF THAT ASSESSOR DOES NOT INCLUDE IN ASSESSED SF & IS ALSO NOT TAXED....APPROX SF OF ABOVE GRADE LIVING SPACE IS 2350SF
  • Total Full or Half Bathrooms: 2.2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1965
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings
  • Number Of Rooms: 8
  • Living Room: Dimensions: 22X19, On Level: 2nd Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Cooktop
  • Equipment: Security System
  • Fireplace Location: Family Room, Living Room
  • Basement: Walkout
  • Basement: Partially Finished, Exterior Access, Bathroom Rough-In, Rec/Family Area
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 10X10, On Level: Lower
  • Dining Room: Dimensions: 18X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 26X10, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Den, Sitting Room, Foyer
  • Master Bedroom: Dimensions: 18X14, On Level: 3rd Level, Flooring: Carpet
  • Additional Room 1 Name: Den, Dimensions: 15X13, On Level: Lower, Flooring: Other
  • Additional Room 2 Name: Sitting, Dimensions: 18X14, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X12, On Level: 3rd Level, Flooring: Carpet
  • Additional Room 3 Name: Foyer, Dimensions: 12X10, On Level: Main Level, Flooring: Marble
  • Estimated Sq Ft: 2350
  • Dining Room Type: Separate
  • Family Room: Dimensions: 22X16, On Level: Lower, Flooring: Other

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Frame, Stone
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Balcony, Deck
  • Exposure: N (North), S (South), E (East), W (West), Lake/Water
  • Acreage: 0.4821

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Circular, Side Drive
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air, 2+ Sep Heating Systems

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Lake Rights
  • Assessment Association Fees: 600

Schools

  • Junior High Dist: 64

Lot Info

  • Lot Dimensions: 71X167X60X157X140
  • Lot Description: Cul-de-sac, Forest Preserve Adjacent, Lake Front, Water Rights, Water View, Lake Access, Pie Shaped Lot, Waterfront Lot
  • Parcel Identification Number: 09273060910000

Tax Info

  • Taxes: 12721.46

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2020
Closed on
Dec 18, 2020
Sold by
Bought by
Seller's Agent
John Forsythe
Coldwell Banker Realty
Buyer's Agent
Edyta Kamykowska
Chicagoland Brokers, Inc.
List Price
$659,000
Sold Price
$659,100
Premium/Discount to List
$100
0.02%
Current Estimated Value
$2,264,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,605,588
Avg. Annual Appreciation
25.97%
Original Mortgage
$510,400
Interest Rate
0.027%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$659,100 Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,492,000
Closed $658,500
Closed $510,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $659,100 0.0% $280 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
11/08/2020 11/08/20 For Sale $659,000 -- $280 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,877 $88,000 $19,497 $68,503
2024 $18,877 $72,866 $19,950 $52,916
2023 $18,060 $72,866 $19,950 $52,916
2022 $18,060 $72,866 $19,950 $52,916
2021 $15,050 $49,484 $17,850 $31,634
2020 $14,453 $49,484 $17,850 $31,634
2019 $12,721 $54,983 $17,850 $37,133
2018 $10,816 $49,440 $15,750 $33,690
2017 $10,582 $49,440 $15,750 $33,690
2016 $11,356 $50,352 $15,750 $34,602
2015 $13,410 $49,183 $13,650 $35,533
2014 $12,871 $49,183 $13,650 $35,533
2013 $12,257 $49,183 $13,650 $35,533
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10922577

Midwest Real Estate Data (MRED)

APN: 09-27-306-091-0000

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