NOT LISTED FOR SALE

1440 Sheridan Rd Unit 502 Wilmette, IL 60091

Estimated Value: $403,000 - $475,000

2 Beds
2 Baths
-- Sq Ft
$943/mo HOA Fee

Last Sold April 01, 2020

Last sale price $272,500

Est. 62% increase in value since last sale

Current estimated payment $3,803/month

14 Days on Market

Highlights

  • Lake Front
  • Beach
  • Walk-In Pantry
  • Central Elementary School Rated A
  • Landscaped Professionally
  • 2-minute walk to Langdon Park

About This Home

As of April 2020

Rare opportunity- spacious 2 br/2 bath end unit with Lake Michigan views from your private balcony. Lake views from both the generous living room/dining room open space and the sunlit white kitchen. Large master br/bath, nice size 2nd br and 2nd bath, excellent closet space throughout freshly painted bright condo. This well managed building is sought after for it's amazing location, private beach, low assessments, low taxes, extensive amenities, superior maintenance and healthy reserves. Enjoy the outdoor terrace common area for dining, party room w/full kitchen that opens out to the private beach, exercise room, guest suite, one assigned heated indoor parking space, laundry room and guest parking. Step across Sheridan Rd. to charming Plaza Del Lago for shopping, dining, coffee and more.

Last Agent to Sell the Property

Stephanie Melgard

@properties Christie's International Real Estate License #475162245 Listed on: 02/10/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Martha Idler

@properties Christie's International Real Estate License #475170876

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,340

Year Built

  • 1962

Lot Details

  • Lake Front
  • East or West Exposure
  • Landscaped Professionally

HOA Fees

  • $943 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Entrance Foyer
  • Storage
  • Water Views

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher

Outdoor Features

  • Balcony
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • 3+ Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Property is near a bus stop

Community Details

  • Beach

Listing and Financial Details

  • Senior Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,340

Year Built

1962

Lot Details

0

HOA Fees

$943 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Unit Floor Level: 5
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1962
  • Tax Exemptions: Senior, Senior Freeze
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7
  • Year Built: 1962

Interior Features

  • Interior Property Features: Elevator, Storage
  • Number Of Rooms: 4
  • Living Room: Dimensions: 19X22, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 9X15, On Level: Main Level, Flooring: Vinyl, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space, Galley, Pantry-Closet
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 13X18, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Foyer, Dimensions: 5X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 12X15, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Waterfront: Yes
  • Exterior Property Features: Balcony, Outdoor Grill
  • Exposure: N (North), E (East), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 3+ (Window/Wall Unit), Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Baseboard, Zoned

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Common Area Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator, Exercise Room, Storage, Party Room, Security Door Locks, Service Elevator
  • Assessment Includes: Water, Parking, Common Insurance, Security System, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 943
  • Management Contact Name: Nicole
  • Management Phone: 847-998-0404

Fee Information

  • Management Company: NS Management Co., Inc.

Schools

  • School District: 203
  • Elementary School: Central Elementary School
  • Middle School: Wilmette Junior High School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Junior High Dist: 39

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Beach, Lake Front, Landscaped Professionally, Water View
  • Parcel Identification Number: 05272000571029

Multi Family

  • Total Number Unitsin Building: 46
  • Number Stories: 7

Tax Info

  • Taxes: 3210.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Mar 31, 2020
Sold by
Lewis Scott Austin and Ruth B Lewis Trust
Bought by
Gelman Bruce L
Seller's Agent
Stephanie Melgard
@properties Christie's International Real Estate
Buyer's Agent
Martha Idler
@properties Christie's International Real Estate
List Price
$285,000
Sold Price
$272,500
Premium/Discount to List
-$12,500
-4.39%
Current Estimated Value
$441,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,043
Avg. Annual Appreciation
7.92%

Purchase Details

Listed on
Mar 7, 2014
Closed on
Apr 19, 2014
Sold by
King Paul L
Bought by
Keith E Lewis Family Trust and Ruth B Lewis Trust
Seller's Agent
Carrie Healy
Compass
Buyer's Agent
Mary Plante
Berkshire Hathaway HomeServices Chicago
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.47%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gelman Bruce L $272,500 First American Title
Keith E Lewis Family Trust $265,000 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2020 04/01/20 Sold $272,500 -4.4% --
02/24/2020 02/24/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $285,000 +7.5% --
05/01/2014 05/01/14 Sold $265,000 -3.6% --
03/16/2014 03/16/14 Pending -- -- --
03/07/2014 03/07/14 For Sale $275,000 -- --
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 $6,340 $27,941 $4,200 $23,741
2023 $6,743 $27,941 $4,200 $23,741
2022 $6,743 $31,395 $4,200 $27,195
2021 $6,863 $26,416 $5,500 $20,916
2020 $3,115 $26,416 $5,500 $20,916
2019 $3,073 $29,498 $5,500 $23,998
2018 $3,211 $23,253 $4,400 $18,853
2017 $3,067 $23,253 $4,400 $18,853
2016 $3,511 $23,253 $4,400 $18,853
2015 $5,329 $21,467 $4,000 $17,467
2014 $5,244 $21,467 $4,000 $17,467
2013 $5,008 $21,467 $4,000 $17,467
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10633362

Midwest Real Estate Data (MRED)

APN: 05-27-200-057-1029