NOT LISTED FOR SALE

1616 Madison St Evanston, IL 60202

Estimated Value: $541,604 - $593,000

3 Beds
2 Baths
2,075 Sq Ft
$268/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $409,000 $197 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,581/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Detached Garage
  • Nichols Middle School Rated A-
  • Main Floor Bedroom
  • Galley Kitchen

About This Home

As of September 2020

Charming Cape Cod on Tree Lined Street. Fresh, bright home with finished basement that can serve as family room and/or office with gas fireplace. First floor features a living room, dining room, galley kitchen, bedroom and full bathroom. Two more bedrooms, one with attached and recently renovated bath, on the second floor. Hardwood floors throughout. Wonderful deck off kitchen, overlooking English inspired backyard garden, with adjacent patio for outdoor entertaining. Newer windows and siding! 2 car garage. Wonderful Evanston neighborhood within walking distance of desirable Washington Elementary School, near new Robert Crown Ice Rink and Community Center, schools, parks and shopping.

Last Agent to Sell the Property

Jackie Mack

Jameson Sotheby's International Realty License #475131782 Listed on: 07/16/2020

Jameson Sotheby's International Realty

Last Buyer's Agent

Michael Thomas

@properties Christie's International Real Estate License #475124199

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,961

Year Built

  • 1940

Lot Details

  • 4,356

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Storage Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,961

Year Built

1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 71-80 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Cape Cod
  • Type Detached: 2 Stories
  • Estimated Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom
  • Number Of Rooms: 7
  • Living Room: Dimensions: 18X12, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 20X12, On Level: Basement
  • Dining Room: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Galley
  • Additional Rooms: Storage
  • Master Bedroom: Dimensions: 17X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Storage, Dimensions: 11X6, On Level: Basement
  • Bedroom 2: Dimensions: 24X13, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 2075
  • Dining Room Type: Separate
  • Family Room: Dimensions: 31X16, On Level: Basement, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Acreage: 0.1

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 1185

Schools

  • School District: 202
  • Elementary School: Washington Elementary School
  • Middle School: Nichols Middle School
  • High School: Evanston Twp High School
  • Junior High Dist: 65

Lot Info

  • Lot Dimensions: 35X124
  • Parcel Identification Number: 10244090100000

Tax Info

  • Taxes: 7300.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Sep 10, 2020
Sold by
Buonaiuto Mark J and Mcdavitt Laura L
Bought by
Schubert Gary J and Sanchez Catalina
Seller's Agent
Jackie Mack
Jameson Sotheby's International Realty
Buyer's Agent
Michael Thomas
@properties Christie's International Real Estate
List Price
$409,000
Sold Price
$409,000
Current Estimated Value
$556,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,401
Avg. Annual Appreciation
6.20%
Original Mortgage
$368,100
Outstanding Balance
$324,953
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$231,448

Purchase Details

Closed on
Jul 1, 2005
Sold by
Stewart Eunice
Bought by
Buonaiuto Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
5.68%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 21, 1996
Sold by
Armstrong Daniel J and Armstrong Janet K
Bought by
Stewart Eunice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.06%

Purchase Details

Closed on
Sep 2, 1993
Sold by
Armstrong Daniel J and Kessler Janet H
Bought by
Armstrong Daniel J and Armstrong Janet K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7.35%
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
Schubert Gary J $409,000 Chicago Title
Buonaiuto Mark J $383,000 Rtc
Stewart Eunice $165,000 Centennial Title Incorporate
Armstrong Daniel J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schubert Gary J $368,100
Previous Owner Buonaiuto Mark J $233,000
Previous Owner Stewart Eunice $130,000
Previous Owner Armstrong Daniel J $136,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2020 09/15/20 Sold $409,000 0.0% $197 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $409,000 -- $197 / 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 $7,961 $33,350 $7,161 $26,189
2023 $8,856 $37,639 $7,161 $30,478
2022 $8,856 $37,639 $7,161 $30,478
2021 $7,404 $27,528 $5,208 $22,320
2020 $7,303 $27,528 $5,208 $22,320
2019 $7,301 $30,758 $5,208 $25,550
2018 $7,189 $25,896 $4,340 $21,556
2017 $7,000 $25,896 $4,340 $21,556
2016 $5,998 $25,896 $4,340 $21,556
2015 $5,156 $21,584 $3,580 $18,004
2014 $5,122 $21,584 $3,580 $18,004
2013 $4,987 $21,584 $3,580 $18,004
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10784724

Midwest Real Estate Data (MRED)

APN: 10-24-409-010-0000