NOT LISTED FOR SALE

1041 Forest Ave Wilmette, IL 60091

Estimated Value: $1,017,659 - $1,343,000

4 Beds
2 Baths
1,912 Sq Ft
$622/Sq Ft Est. Value

Last Sold September 04, 2012

Last sale price $550,000 $288 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $7,161/month

37 Days on Market

Highlights

  • Wood Flooring
  • Home Office
  • Detached Garage
  • Central Elementary School Rated A
  • Formal Dining Room
  • Breakfast Bar

About This Home

As of September 2012

Bank owned "As Is" no survey provided. Charming East Wilmette Victorian. New Kitchen and Appliances. Bathrooms updated, new HVAC. New driveway. Huge family room off kitchen. Bedrooms 3 & 4 do not have closets. Fabulous location for this price. Could be an investment property to be rented out. All offers must have prequalifying mortgage letter. Buyer pays Wilmette transfer tax.

Last Agent to Sell the Property

John Phillips

Compass License #475097183 Listed on: 06/10/2012

Compass

Last Buyer's Agent

Jeraldine Schmidt

Coldwell Banker Realty License #475128848

Coldwell Banker Realty

Property Details

Home Type

  • Other

Year Built

  • 1870

Lot Details

  • 7,492

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement
  • Breakfast Bar

Eco-Friendly Details

  • North or South Exposure

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Property Details

Home Type

Other

Year Built

1870

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Architectural Style: Victorian
  • Type Detached: 2 Stories
  • Special Features: 20
  • Year Built: 1870

Interior Features

  • Appliances: Oven/Range, Dishwasher, Refrigerator, Disposal
  • Fireplaces: 1
  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 10
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 16X13
  • Master Bedroom Flooring: Hardwood
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 12X10
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 14X07
  • Third Bedroom Flooring: Hardwood
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 14X10
  • Fourth Bedroom Flooring: Hardwood
  • Living Room Level: Main Level
  • Living Room Size: 14X13
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 15X12
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 23X17
  • Family Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar
  • Kitchen Level: Main Level
  • Kitchen Size: 11X09
  • Kitchen Flooring: Hardwood
  • Additional Rooms: Den, Office
  • Additional Room 1 Name: Den
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 11X07
  • Additional Room 1 Flooring: Hardwood
  • Additional Room 2 Name: Office
  • Additional Room 2 Level: 2nd Level
  • Additional Room 2 Size: 11X10
  • Additional Room 2 Flooring: Hardwood

Exterior Features

  • Roof: Asphalt/Glass (Rolled)
  • Foundation: Block
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Cooling: Central Air
  • Electricity: Circuit Breakers
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 39

Lot Info

  • Lot Dimensions: 57 X 125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2022
Sold by
Koch David S and Koch Jacqueline
Bought by
The David Scott Koch And Jacquelin Koch
Current Estimated Value
$1,188,915

Purchase Details

Closed on
Feb 3, 2022
Sold by
Koch David S and Koch Jacqueline
Bought by
The David Scott Koch And Jacquelin Koch

Purchase Details

Listed on
Jun 10, 2012
Closed on
Aug 29, 2012
Sold by
Wmsy Properties Llc
Bought by
Koch David S and Koch Jacquel N
Seller's Agent
John Phillips
Compass
Buyer's Agent
Jeraldine Schmidt
Coldwell Banker Realty
List Price
$559,900
Sold Price
$550,000
Premium/Discount to List
-$9,900
-1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$440,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2012
Sold by
State Bank Of Illinois
Bought by
Wmsy Properties Llc

Purchase Details

Closed on
May 31, 2000
Sold by
Uptown National Bank Of Chicago
Bought by
Chou Jadine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
8.31%

Purchase Details

Closed on
Jan 12, 1998
Sold by
Maguire David L
Bought by
Maguire Paula K

Purchase Details

Closed on
Apr 17, 1997
Sold by
Maguire David L and Maguire Paula K
Bought by
Maguire David L and Maguire Paula K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Date Buyer Sale Price Title Company
The David Scott Koch And Jacquelin Koch -- --
The David Scott Koch And Jacquelin Koch -- --
Koch David S $550,000 Fidelity National Title
Wmsy Properties Llc -- Fidelity Land Title Agency I
State Bank Of Illinois -- Fidelity Natl Title Ins Co
Chou Jadine $620,000 --
Maguire Paula K -- --
Maguire David L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koch David S $440,000
Previous Owner Chou Jadine $496,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2012 09/04/12 Sold $550,000 -1.8% $288 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
06/10/2012 06/10/12 For Sale $559,900 -- $293 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2025 $11,842 $55,500 $18,000 $37,500
2024 $11,842 $55,500 $18,000 $37,500
2023 $11,185 $55,500 $18,000 $37,500
2022 $11,185 $82,207 $20,625 $61,582
2021 $12,400 $51,060 $18,000 $33,060
2020 $12,256 $51,060 $18,000 $33,060
2019 $11,878 $55,500 $18,000 $37,500
2018 $10,721 $48,500 $15,000 $33,500
2017 $10,439 $48,500 $15,000 $33,500
2016 $14,321 $68,383 $15,000 $53,383
2015 $13,102 $55,400 $12,375 $43,025
2014 $13,534 $55,400 $12,375 $43,025
2013 $12,925 $55,400 $12,375 $43,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08088365

Midwest Real Estate Data (MRED)

APN: 05-27-321-008-0000