Seller's Agent in 2025
Ralph Milito
@ Properties
(847) 980-8093
61 in this area
205 Total Sales
333 Murphy Lake Ln Park Ridge, IL 60068
4
Beds
3
Baths
2,900
Sq Ft
0.63
Acres
Highlights
- Lake Front
- Beach Access
- Spa
- George B Carpenter Elementary School Rated A
- Boat Slip
- 0.63 Acre Lot
About This Home
As of March 2025Experience an unparalleled lifestyle of privacy and seclusion in this extraordinary "Murphy Lake Frontage" property. Nestled on just over half an acre of pristine land, this rare waterfront gem offers an exclusive retreat, accessed only by a private road and perfectly situated at the end of the lane-ideal for a private gated entry. Why limit yourself to weekend lake getaways when you can enjoy the luxury of your own private lake every day? Located in Chicago's closest northwest suburb, this expansive U-shaped ranch home offers an extensive and breathtaking shoreline along Murphy Lake. With a private pier and your own personal beach, this residence is a sanctuary of unmatched beauty and tranquility. Inside, the home features four bedrooms plus an office, three fully remodeled bathrooms, and a stunning 38 x 13 ft sunroom with panoramic lake views. A secluded hot tub on the north side of the home is perfectly positioned for serene water views. Additional highlights include an oversized 2.5-car heated garage, a brick paver patio, two elegant stone fireplaces, newer vinyl windows, and more. The roof was recently replaced in December 2023. Brand new carriage style garage door and new Therma-Tru front door. The home is equipped with two-zone heating and central air, ensuring comfort year-round. Murphy Lake is a private 14.5-acre oasis, just 15 miles from downtown Chicago and a quick 10-minute drive from O'Hare. With only 32 homes and a private island, this secluded haven offers an exclusive living experience. An annual $600 association donation covers water and lake maintenance, including fish stocking, preserving the beauty and vitality of the lake. Don't miss the opportunity to own this one-of-a-kind property that seamlessly blends luxury, nature, and convenience. The floor plan is thoughtfully designed for an in-law or separate living arrangement, making it perfect for extended family or guests. Please note, the owner is a licensed Realtor.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #471005750 Listed on: 08/29/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,730
Year Built
- Built in 1954
Lot Details
- 0.63 Acre Lot
- Lot Dimensions are 100 x 260
- Lake Front
- Landscaped Professionally
- Paved or Partially Paved Lot
HOA Fees
- $50 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,900 Sq Ft Home
- Built-In Features
- Skylights
- Wood Burning Fireplace
- Heatilator
- Gas Log Fireplace
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Combination Dining and Living Room
- Home Office
- Heated Sun or Florida Room
- Water Views
- Pull Down Stairs to Attic
- Storm Screens
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
- In-Law or Guest Suite
- Bathroom on Main Level
- 3 Full Bathrooms
- Whirlpool Bathtub
- Shower Body Spray
Laundry
- Laundry Room
- Laundry on main level
- Gas Dryer Hookup
Accessible Home Design
- Wheelchair Access
- Accessibility Features
- Doors are 32 inches wide or more
- More Than Two Accessible Exits
- Level Entry For Accessibility
Outdoor Features
- Spa
- Beach Access
- Tideland Water Rights
- Boat Slip
- Brick Porch or Patio
- Shed
Schools
- George B Carpenter Elementary Sc
- Emerson Middle School
- Maine South High School
Utilities
- Forced Air Zoned Cooling and Heating System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Community Details
- Association fees include lake rights
- Murphy Lake Subdivision
- Community Lake
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2024
Closed on
Mar 12, 2025
Sold by
Milito Family Revocable Living Trust
Bought by
Kuhn Family Trust and Kuhn
Seller's Agent
Ralph Milito
@properties Christie's International Real Estate
Buyer's Agent
Matthew Liss
Mark Allen Realty ERA Powered
List Price
$1,750,000
Sold Price
$1,795,000
Premium/Discount to List
$45,000
2.57%
Views
234
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,007
Avg. Annual Appreciation
0.89%
Purchase Details
Closed on
Jan 31, 2022
Sold by
Milito Ralph and Milito Kelly A
Bought by
Milito Family Revocable Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
2.62%
Purchase Details
Closed on
Jan 12, 2022
Sold by
Milito Ralph and Milito Kelly A
Bought by
Milito Family Revocable Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
2.62%
Purchase Details
Closed on
Jun 28, 2004
Sold by
Hughes Thomas and Hughes Susan
Bought by
Milito Ralph and Milito Kelly A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,000
Interest Rate
4.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 11, 1998
Sold by
Desalvo Robert and Desalvo Debbie
Bought by
Hughes Thomas and Hughes Susan
Purchase Details
Closed on
Jun 2, 1989
Sold by
Austin Bank Of Chicago
Bought by
Desalvo Robert and Desalvo Deborah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,795,000 | None Listed On Document | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Warranty Deed | $995,000 | Pntn | |
| Warranty Deed | $625,000 | -- | |
| Joint Tenancy Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $415,000 | No Value Available | |
| Previous Owner | $450,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $600,000 | Credit Line Revolving | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $796,000 | New Conventional | |
| Previous Owner | $400,000 | Unknown | |
| Previous Owner | $411,200 | Unknown | |
| Previous Owner | $385,000 | Purchase Money Mortgage | |
| Closed | $99,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2025 03/17/25 | Sold | $1,795,000 | +2.6% | $619 / Sq Ft |
| 02/04/2025 02/04/25 | Pending | -- | -- | -- |
| 08/29/2024 08/29/24 | For Sale | $1,750,000 | -- | $603 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $23,730 | $81,619 | $26,205 | $55,414 |
| 2023 | $23,816 | $90,748 | $26,205 | $64,543 |
| 2022 | $23,816 | $95,000 | $26,205 | $68,795 |
| 2021 | $11,474 | $41,057 | $23,446 | $17,611 |
| 2020 | $11,086 | $41,057 | $23,446 | $17,611 |
| 2019 | $10,996 | $45,619 | $23,446 | $22,173 |
| 2018 | $17,524 | $64,671 | $20,688 | $43,983 |
| 2017 | $17,466 | $64,671 | $20,688 | $43,983 |
| 2016 | $17,725 | $67,096 | $20,688 | $46,408 |
| 2015 | $16,636 | $56,561 | $17,929 | $38,632 |
| 2014 | $17,883 | $61,715 | $17,929 | $43,786 |
| 2013 | $16,921 | $61,715 | $17,929 | $43,786 |
Source: Public Records
Agents Affiliated with this Home
-
Ralph Milito
-
Matthew Liss
Buyer's Agent in 2025
Matthew Liss
Mark Allen Realty ERA Powered
(773) 415-4744
2 in this area
237 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12124072
APN: 09-27-306-016-0000
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