NOT LISTED FOR SALE

1240 Tower Rd Winnetka, IL 60093

Estimated Value: $1,409,000 - $2,409,000

6 Beds
4.5 Baths
5,065 Sq Ft
$359/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $1,270,000 $251 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $12,239/month

143 Days on Market

Highlights

  • Rooftop Deck
  • Community Lake
  • Property is near a park
  • Hubbard Woods Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Recreation Room

About This Home

As of February 2024

WELCOME HOME to this distinctive, architectural featured home that was one of the first homes built in Hubbard Woods! Situated on almost half an acre, the stately curb appeal welcomes you inside to the charm of the first floor with open, circular floor plan of Living, Hearth and Dining Rooms leading to an expansive screened back Porch with parallel Decks overlooking the lush, private Yard. The large Kitchen with separate Breakfast Room is adjacent to Powder Room and huge Family Room - perfect for creating family and entertaining memories. The gracious staircase leads to a second floor with 5 generously sized Bedrooms (including Primary Suite), 3 Baths, built-ins, linen closets and Laundry Room, as well as the third floor with a versatile 6th Bedroom, full Bath and Storage Room galore! If that is not enough, there is a dry basement with Recreation Room, Woodworker/Hobbyist Room, Storage and much more. The home has a 3-story addition (1995) with recent improvements of an exterior sprinkler system, Kitchen subway tile backsplash, quartz counters and new SS appliances (2017), second floor updated Baths, boiler (2020) and spacepak A/C (2022). A VERY SPECIAL GEM...

Last Agent to Sell the Property

Vicki Nelson

Real Broker LLC License #475137686 Listed on: 07/17/2023

Co-Listed By

Dee Ann Nicholas

Real Broker LLC License #471020645

Last Buyer's Agent

Paige Dooley

Compass License #475131775

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,255

Year Built

  • Built in 1903 | Remodeled in 1995

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 152 x 143.31
  • Dog Run

Parking

  • 2.5 Car Detached Garage
  • Garage Transmitter
  • Driveway
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Stucco

Interior Spaces

  • 5,065 Sq Ft Home
  • 3-Story Property
  • Historic or Period Millwork
  • Beamed Ceilings
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Sitting Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Workshop
  • Screened Porch
  • Lower Floor Utility Room
  • Utility Room with Study Area
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Schools

  • Hubbard Woods Elementary School
  • Carleton W Washburne Middle School
  • New Trier Twp High School Northfield/Wi

Utilities

  • SpacePak Central Air
  • Radiator
  • Lake Michigan Water

Additional Features

  • Rooftop Deck
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Community Lake

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,255

Year Built

Built in 1903 | Remodeled in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1903
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1995
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1995

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Gas Cooktop
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, Second Floor Laundry, Beamed Ceilings, Some Carpeting, Special Millwork
  • LivingArea: 5065
  • Room Type: Bedroom 5, Bedroom 6, Breakfast Room, Sitting Room, Office, Recreation Room, Workshop, Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 5065
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 5065
  • Basement Sq Ft: 1731
  • Fireplace Location: Living Room,Master Bedroom
  • Total Sq Ft: 6796
  • Upper Level Sq Ft: 3033
  • Main Level Sq Ft: 2032
  • Flooring: Carpet
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck, Roof Deck, Porch Screened, Dog Run
  • List Price: 1375000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Driveway: Asphalt
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Space Pac
  • Heating: Radiator(s)
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Lake
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Hubbard Woods Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: Carleton W Washburne School
  • Middle/Junior School District: 36

Lot Info

  • Lot Size Acres: 0.484
  • Lot Dimensions: 152 X 143.31
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 28254.92
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Jan 22, 2024
Sold by
Chicago Title Land Trust Co
Bought by
Lacava Richard and Lacava Paige
Seller's Agent
Vicki Nelson
Real Broker LLC
Buyer's Agent
Paige Dooley
Compass
List Price
$1,375,000
Sold Price
$1,270,000
Premium/Discount to List
-$105,000
-7.64%
Views
502
Current Estimated Value
$1,819,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,975
Avg. Annual Appreciation
19.90%
Original Mortgage
$766,500
Interest Rate
6.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lacava Richard $1,270,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacava Richard $1,300,000
Closed Lacava Richard $766,500
Previous Owner Chicago Land Title Co $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $1,270,000 0.0% $251 / Sq Ft
12/16/2023 12/16/23 Off Market $1,270,000 -- --
12/08/2023 12/08/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $1,375,000 -- $271 / 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
2024 $31,537 $142,000 $69,574 $72,426
2023 $29,648 $142,000 $69,574 $72,426
2022 $29,648 $142,000 $69,574 $72,426
2021 $28,255 $114,867 $47,436 $67,431
2020 $28,544 $114,867 $47,436 $67,431
2019 $28,316 $124,856 $47,436 $77,420
2018 $29,010 $124,382 $41,111 $83,271
2017 $31,544 $139,077 $41,111 $97,966
2016 $30,238 $139,077 $41,111 $97,966
2015 $28,914 $120,142 $34,259 $85,883
2014 $30,012 $127,227 $34,259 $92,968
2013 $28,612 $127,227 $34,259 $92,968
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11833527

Midwest Real Estate Data (MRED)

APN: 05-17-300-054-0000