970 Verda Lane
LAKE FOREST, Il 60045

$625,000 Contingent

  • 4 Bed
  • 3.1 Bath
  • Residential
  • Detached Single
  • MLS# 08169342
 

Description

HUGE PRICE REDUCTION. BRING OFFERS. Lovely English cottage in Deerpath Hill Estates. Open foyer, high ceilings, hardwood floors. New kitchen, many updates. Living rm has FP,built-in bookcases, office/music rm, dining rm w/Fr doors to stone terrace. Year-round enclosed garden room. Radiant heat under all main level stone floors.

Property details

Current Price: $625,000
Original Price: $799,000
Price Change: 7.4%
Listed: 09/28/12
Type: 2 Stories
Style: English
Bedrooms: 4
Full Baths: 3.1
Half Baths: 1
Square Feet: 3,680
Price per SqFt: $170
Garage: Attached (2 Car)
Year Built: 1929
County: Lake
Subdivision: KING MUIR
 
 
 

Listing Office: Baird & Warner

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Lake Forest

The city of Lake Forest, IL , is one of tranquil surroundings, a picturesque street plan and natural beauty. It is located on the western coast of Lake Michigan, high on the bluffs, just 31 miles north of Chicago. An eclectic and affluent community, Lake Forest is well-known for its liberal arts school, Lake Forest College. Residents of Lake Forest homes take great pride in their enthusiasm and passion for environmental conservatism having formed the Lake Forest Open Lands Association more than 40 years ago. Aside from its natural beauty and painterly landscapes, Lake Forest is one of the Chicagoland area’s most notable sites for historical architecture. Estates and homes in this region were designed by the likes of George Fred Keck, David Adler and Henry Ives Cobb, among others...

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Lake Forest
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**Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

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