Seller's Agent in 2016
Lori Neuschel
@ Properties
(847) 226-5794
70 in this area
110 Total Sales
1040 Chestnut Ave Wilmette, IL 60091
Estimated Value: $3,753,628 - $5,602,000
7
Beds
8
Baths
6,688
Sq Ft
$674/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- Heated Floors
- Recreation Room
- Central Elementary School Rated A
- Landscaped Professionally
- Whirlpool Bathtub
About This Home
As of May 2016Prominent Wilmette Treasure on approx 1.5acres in East Wilmette. Sold before processing.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475131823 Listed on: 02/17/2016
Last Buyer's Agent
@properties Christie's International Real Estate License #475103747
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $84,874
Year Built
- 1926
Lot Details
- 1.42
Parking
- Attached Garage
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Circular Driveway
- Brick Driveway
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Slab Foundation
- Tile Roof
Interior Spaces
- Wet Bar
- Mud Room
- Entrance Foyer
- Sitting Room
- Breakfast Room
- Home Office
- Recreation Room
- Game Room
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Butlers Pantry
- Double Oven
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Whirlpool Bathtub
- Steam Shower
- Separate Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Partially Finished Basement
- Exterior Basement Entry
- Finished Basement Bathroom
Outdoor Features
- Patio
- Terrace
- Outdoor Grill
Utilities
- SpacePak Central Air
- Radiator
- Hot Water Heating System
- Radiant Heating System
- Lake Michigan Water
Additional Features
- Landscaped Professionally
- The property is located in a historic district
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 1, 2019
Sold by
Chicago Title Land Trust Company
Bought by
Mershimer P Loreen and Mershimer Loreen
Current Estimated Value
Purchase Details
Listed on
Feb 17, 2016
Closed on
May 3, 2016
Sold by
Chicago Title Land Trust Co
Bought by
Chicago Title Land Trust Co
Seller's Agent
Lori Neuschel
@properties Christie's International Real Estate
Buyer's Agent
Debbie Magnusen
@properties Christie's International Real Estate
List Price
$3,250,000
Sold Price
$3,255,000
Premium/Discount to List
$5,000
0.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$1,500,000
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mershimer P Loreen | -- | None Available | |
| Chicago Title Land Trust Co | $3,255,000 | Chicago Title Land Trust Com |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mershimer P Loreen | $1,335,000 | |
| Previous Owner | Chicago Title Land Trust Co | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/03/2016 05/03/16 | Sold | $3,255,000 | +0.2% | $487 / Sq Ft |
| 02/17/2016 02/17/16 | Pending | -- | -- | -- |
| 02/17/2016 02/17/16 | For Sale | $3,250,000 | -- | $486 / 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 | $84,874 | $251,127 | $136,374 | $114,753 |
| 2023 | $80,292 | $380,000 | $185,964 | $194,036 |
| 2022 | $80,292 | $380,000 | $185,964 | $194,036 |
| 2021 | $63,684 | $251,126 | $136,373 | $114,753 |
| 2020 | $62,749 | $251,126 | $136,373 | $114,753 |
| 2019 | $61,544 | $275,963 | $136,373 | $139,590 |
| 2018 | $69,457 | $295,383 | $117,777 | $177,606 |
| 2017 | $67,549 | $295,383 | $117,777 | $177,606 |
| 2016 | $63,662 | $295,383 | $117,777 | $177,606 |
| 2015 | $66,203 | $269,300 | $96,081 | $173,219 |
| 2014 | $65,161 | $269,300 | $96,081 | $173,219 |
| 2013 | $63,619 | $275,313 | $96,081 | $179,232 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Neuschel
-
Debbie Magnusen
Buyer's Agent in 2016
Debbie Magnusen
@ Properties
(847) 910-1130
5 in this area
41 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09143781
APN: 05-27-300-089-0000
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