Seller's Agent in 2019
Scott Stavish
@ Properties
(773) 879-4444
1 in this area
150 Total Sales
225 Central Ave Wilmette, IL 60091
Estimated Value: $1,315,000 - $2,295,000
0.39
Acre
$5,030,051
Price per Acre
16,988
Sq Ft Lot
About This Lot
As of September 2019Incredible land opportunity in premier East Wilmette location. Appx 17k SF (0.39 acres) on a 78' x 217.5' lot. Existing frame building carries deferred maintenance so this is most likely a tear-down with the value in the land. Preliminary zoning analysis per the Village of Wilmette allows for 5,089 SF of permitted floor area plus 440 SF garage bonus, 300 SF porch bonus and 400 SF attic bonus. All buyers must due their own diligence and confirm with the Village. Just a couple blocks to Gillson Park with gorgeous views of Baha'i Temple from your backyard setting the perfect stage to build brand new construction. Unbeatable location close to downtown Wilmette. Easy access to Sheridan Road, Lake Michigan, Linden purple line and Wilmette Metra. ESTATE SALE SOLD AS-IS.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475125051 Listed on: 07/22/2019
Property Details
Property Type
- Land
Est. Annual Taxes
- $22,540
Lot Details
- 0.39 Acre Lot
- Lot Dimensions are 78' x 217.5'
- Property is zoned SINGL
Schools
- Central Elementary School
- Wilmette Junior High School
- New Trier Twp High School Northfield/Wi
Utilities
- Electricity To Lot Line
- Gas Available
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 22, 2019
Closed on
Sep 20, 2019
Sold by
Woollcott Christopher
Bought by
Blake Jenny and Wiegler Shera
Seller's Agent
Scott Stavish
@properties Christie's International Real Estate
Buyer's Agent
Timothy Shaker
Coldwell Banker Realty
List Price
$995,000
Sold Price
$915,000
Premium/Discount to List
-$80,000
-8.04%
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
$1,046,720
Avg. Annual Appreciation
12.83%
Original Mortgage
$484,350
Outstanding Balance
$422,801
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$1,538,919
Purchase Details
Closed on
Mar 20, 2019
Sold by
Robert R Geppert Trust
Bought by
Robert Geppert Trust
Purchase Details
Closed on
Aug 2, 2010
Sold by
Jpmorgan Chase Bank Na
Bought by
Wayne Hummer Trust Company Na and Robert R Geppert Trust
Purchase Details
Closed on
Aug 10, 2004
Sold by
Chicago Title Land Trust Co
Bought by
Bank One Trust Co Na and Robert R Geppert Trust
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 |
|---|---|---|---|
| Blake Jenny | $915,000 | Proper Title Llc | |
| Robert Geppert Trust | -- | None Available | |
| Wayne Hummer Trust Company Na | -- | None Available | |
| Bank One Trust Co Na | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Blake Jenny | $484,350 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/26/2019 09/26/19 | Sold | $915,000 | -8.0% | $366 / Sq Ft |
| 08/13/2019 08/13/19 | Pending | -- | -- | -- |
| 07/22/2019 07/22/19 | For Sale | $995,000 | -- | $398 / 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 |
|---|---|---|---|---|
| 2025 | $35,742 | $260,000 | $55,263 | $204,737 |
| 2024 | $35,742 | $157,510 | $46,761 | $110,749 |
| 2023 | $33,829 | $157,510 | $46,761 | $110,749 |
| 2022 | $33,829 | $157,510 | $46,761 | $110,749 |
| 2021 | $13,601 | $52,355 | $37,408 | $14,947 |
| 2020 | $16,950 | $66,329 | $37,408 | $28,921 |
| 2019 | $19,526 | $89,024 | $37,408 | $51,616 |
| 2018 | $22,540 | $98,177 | $32,307 | $65,870 |
| 2017 | $21,930 | $98,177 | $32,307 | $65,870 |
| 2016 | $20,797 | $98,177 | $32,307 | $65,870 |
| 2015 | $22,257 | $92,277 | $26,781 | $65,496 |
| 2014 | $21,915 | $92,277 | $26,781 | $65,496 |
| 2013 | $20,915 | $92,277 | $26,781 | $65,496 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Stavish
-
Timothy Shaker
Buyer's Agent in 2019
Timothy Shaker
Coldwell Banker Realty
(847) 910-8566
5 in this area
13 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10459198
APN: 05-35-109-002-0000
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