NOT LISTED FOR SALE

1580 Tower Rd Winnetka, IL 60093

Estimated Value: $2,171,030

0.5 Acre
$4,342,060 Price per Acre
21,780 Sq Ft Lot

Last Sold January 20, 2023

Last sale price $850,000 $388 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $11,998/month

747 Days on Market

About This Lot

As of January 2023

This is your incredible opportunity to buy a beautiful wooded and rectangular VACANT lot that is PERMIT-READY and ready-to-build! The lengthy demo process is done; the site is cleaned and it's ready to build in and established neighborhood in incorporated Winnetka! Fabulous 1/2+ acre lot for your custom home. South-facing back yard, outlined by towering trees. Approximately 104' x 210'. NOT IN FLOOD PLAIN! District 36 Hubbard Woods Elementary and Carleton Washburne Middle School and New Trier High School. And a park nearby! Yes -- here is your present to yourself! Make this your year to create the new construction home of your dreams! Survey is posted under "Additional Information." This property is also available as a proposed construction package; see listing number 11352316.

Last Agent to Sell the Property

Deborah Fischer

Berkshire Hathaway HomeServices Chicago License #475148419 Listed on: 12/11/2020

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Courtney Cook

@properties Christie's International Real Estate License #475120240

@properties Christie's International Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,006

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 104 x 210
  • Property is zoned SINGL

Schools

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

Utilities

  • No Cooling
  • Electricity To Lot Line
  • Gas Available

Community Details

  • No Laundry Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$16,006

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: None
  • Actual Status: Closed
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Cooling: None
  • Laundry Features: None
  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Sewer-Storm Available, Water-Municipal, Water to Site

Schools

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

Lot Info

  • Lot Size Acres: 0.5
  • Lot Dimensions: 104 X 210
  • Zoning: SINGL
  • Lot Size: .50-.99 Acre
  • Special Assessments: U
  • Land Description: Wooded

Rental Info

  • Board Number: 2
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 16006.2
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Jan 12, 2023
Sold by
Chicago Title Land Trust Company
Bought by
Chicago Title Land Trust Company
Seller's Agent
Deborah Fischer
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Courtney Cook
@properties Christie's International Real Estate
List Price
$1,250,000
Sold Price
$850,000
Premium/Discount to List
-$400,000
-32%
Views
100
Current Estimated Value
$2,171,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,321,030
Avg. Annual Appreciation
38.33%
Original Mortgage
$595,000
Outstanding Balance
$280,788
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$1,890,242

Purchase Details

Closed on
Jun 17, 2005
Sold by
Kerr William D
Bought by
Cosmopolitan Bank & Trust and Trust #13104

Purchase Details

Closed on
Dec 30, 2001
Sold by
Kerr William D
Bought by
Kerr Susan Dee and Kerr William D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Chicago Title Land Trust Company $850,000 Chicago Title
Cosmopolitan Bank & Trust $900,000 Ticor Title
Kerr Susan Dee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chicago Title Land Trust Company $595,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2023 01/20/23 Sold $850,000 -5.0% $388 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
09/23/2022 09/23/22 Price Changed $895,000 -5.3% $409 / Sq Ft
06/21/2022 06/21/22 Price Changed $945,000 -5.0% $432 / Sq Ft
05/07/2022 05/07/22 Price Changed $995,000 -13.3% $455 / Sq Ft
04/14/2021 04/14/21 Price Changed $1,147,000 -8.2% $524 / Sq Ft
12/11/2020 12/11/20 For Sale $1,250,000 -- $571 / 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 $7,069 $30,493 $30,493 --
2023 $6,655 $30,493 $30,493 --
2022 $6,655 $30,493 $30,493 $0
2021 $7,914 $30,493 $30,493 $0
2020 $16,006 $65,776 $30,493 $35,283
2019 $15,873 $71,496 $30,493 $41,003
2018 $15,726 $69,000 $26,137 $42,863
2017 $15,255 $69,000 $26,137 $42,863
2016 $14,724 $69,000 $26,137 $42,863
2015 $13,379 $57,000 $21,236 $35,764
2014 $13,105 $57,000 $21,236 $35,764
2013 $13,519 $61,500 $21,236 $40,264
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10951955

Midwest Real Estate Data (MRED)

APN: 05-18-308-033-0000