Seller's Agent in 2023
Lisa Finks
Compass
(847) 778-0540
29 in this area
97 Total Sales
1201 Elmwood Ave Wilmette, IL 60091
Estimated Value: $1,188,000 - $1,388,000
4
Beds
4
Baths
2,902
Sq Ft
$445/Sq Ft
Est. Value
Highlights
- Fireplace in Bedroom
- Wood Flooring
- Home Office
- Central Elementary School Rated A
- Corner Lot
- Lower Floor Utility Room
About This Home
As of December 2023Welcome to 1201 Elmwood - a timeless residence situated in the heart of East Wilmette's CAGE neighborhood! This home marries classic architectural details with contemporary updates for the discerning homeowner. Step onto the inviting front porch to find a hint of the charm that awaits inside. The spacious living room, enhanced with a fireplace and built-in bookcases, flows into a sunlit dining room with views of the lush yard. Updated in 2008, the kitchen offers a practical layout for cooking enthusiasts, and features direct access to the powder room and private backyard. Upstairs, the primary suite stands as a peaceful retreat, complete with a walk-in closet and an en-suite bath. Two additional spacious bedrooms, laundry, and a charming hall bath complete this level. The third floor, versatile in its use, features an office and a fourth bedroom, which could also serve as a playroom or additional family room. The basement, finished during the 2008 renovations, extends the home's livable area, accommodating leisure, fitness, remote work, and includes a convenient 1/2 bath. Boasting an impressive ceiling height, generous storage closets, and seamless access to the backyard, this basement is an unexpected surprise for a vintage home. Significant investments were made during the 2008 renovations, addressing costly updates including the majority of windows, the roof, and vital mechanical systems. Future homeowners will appreciate not only the monetary savings but also the time and effort saved by having these major updates already in place. Finished hardwood floors, contemporary lighting, and a palette of fresh paint throughout the house strike a balance between modern appeal and cozy ambiance. Outside, a 2-car detached garage and a private backyard enhance your day-to-day living experience. With its prime location, enjoy unparalleled walkability to the town's core amenities: the train station for effortless commutes, the beach for relaxing weekends, schools for top-tier education, and a bustling town center for shopping and dining. Boasting D39/Central and New Trier schools, 1201 Elmwood presents a wonderful opportunity to fully embrace living in East Wilmette's CAGE. Please note: fireplaces, chimneys, and leaded dining room windows are conveyed "as-is". Experience the perfect blend of location and charm at 1201 Elmwood - welcome home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,752
Year Built
- Built in 1911 | Remodeled in 2008
Lot Details
- 6,795 Sq Ft Lot
- Lot Dimensions are 37.4 x 182
- Fenced Yard
- Corner Lot
Parking
- 2 Car Detached Garage
- Parking Included in Price
Interior Spaces
- 2,902 Sq Ft Home
- 2-Story Property
- Built-In Features
- Entrance Foyer
- Living Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Home Office
- Lower Floor Utility Room
- Laundry on upper level
- Storage Room
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Fireplace in Bedroom
- Walk-In Closet
Finished Basement
- English Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Finished Basement Bathroom
Outdoor Features
- Porch
Schools
- Central Elementary School
- Wilmette Junior High School
- New Trier Twp High School Northfield/Wi
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2023
Closed on
Dec 1, 2023
Sold by
Rabindran Govind and Rabindran Traci
Bought by
Garrett Zachary J and Garrett Rebecca B
Seller's Agent
Lisa Finks
Compass
Buyer's Agent
Lauren Bergiel
Baird & Warner
List Price
$1,175,000
Sold Price
$1,070,000
Premium/Discount to List
-$105,000
-8.94%
Views
59
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
$221,167
Avg. Annual Appreciation
10.69%
Original Mortgage
$726,200
Outstanding Balance
$713,866
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$577,301
Purchase Details
Closed on
Jun 30, 2005
Sold by
Owen Michael L and Owen Rebecca K M
Bought by
Rabindran Govind and Rabindran Traci
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 17, 1996
Sold by
Gossett Mark W and Gossett Margaret Ann
Bought by
Owen Michael L and Owen Rebecca K M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.37%
Purchase Details
Closed on
May 24, 1995
Sold by
Nash William K and Nash John J
Bought by
Gossett Mark W and Gossett Margaret Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Interest Rate
7.75%
Purchase Details
Closed on
Oct 26, 1994
Sold by
Spiel George K and Spiel Susan S
Bought by
Nash William K and Nash John J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
7%
Purchase Details
Closed on
Aug 24, 1994
Sold by
Dienhart John W
Bought by
Spiel George K and Spiel Susan S
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 |
|---|---|---|---|
| Garrett Zachary J | $1,070,000 | Fidelity National Title | |
| Garrett Zachary J | $1,070,000 | Fidelity National Title | |
| Rabindran Govind | $790,000 | Cti | |
| Owen Michael L | $449,000 | -- | |
| Gossett Mark W | $487,000 | Rei Title Guaranty | |
| Nash William K | $355,000 | -- | |
| Spiel George K | $345,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Garrett Zachary J | $726,200 | |
| Closed | Garrett Zachary J | $726,200 | |
| Previous Owner | Rabindran Govind | $632,000 | |
| Previous Owner | Owen Michael L | $340,000 | |
| Previous Owner | Gossett Mark W | $389,000 | |
| Previous Owner | Nash William K | $213,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2023 12/01/23 | Sold | $1,070,000 | -8.9% | $369 / Sq Ft |
| 10/30/2023 10/30/23 | Pending | -- | -- | -- |
| 10/21/2023 10/21/23 | For Sale | $1,175,000 | -- | $405 / 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 | $17,699 | $78,000 | $18,667 | $59,333 |
| 2023 | $16,752 | $78,000 | $18,667 | $59,333 |
| 2022 | $16,752 | $78,000 | $18,667 | $59,333 |
| 2021 | $16,959 | $65,280 | $16,291 | $48,989 |
| 2020 | $16,682 | $65,280 | $16,291 | $48,989 |
| 2019 | $16,187 | $70,957 | $16,291 | $54,666 |
| 2018 | $18,908 | $79,478 | $13,576 | $65,902 |
| 2017 | $18,385 | $79,478 | $13,576 | $65,902 |
| 2016 | $17,275 | $79,478 | $13,576 | $65,902 |
| 2015 | $15,034 | $60,560 | $11,200 | $49,360 |
| 2014 | $14,795 | $60,560 | $11,200 | $49,360 |
| 2013 | $14,129 | $60,560 | $11,200 | $49,360 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Finks
-
Lourdes Arencibia
Seller Co-Listing Agent in 2023
Lourdes Arencibia
Compass
(773) 793-6220
5 in this area
23 Total Sales
-
Lauren Bergiel
Buyer's Agent in 2023
Lauren Bergiel
Baird & Warner
(312) 899-6552
1 in this area
60 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11911467
APN: 05-27-314-011-0000
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