NOT LISTED FOR SALE

388 Elder Ln Winnetka, IL 60093

Estimated Value: $989,000 - $1,706,000

3 Beds
2.5 Baths
2,601 Sq Ft
$516/Sq Ft Est. Value

Last Sold September 06, 2022

Last sale price $880,000 $338 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $8,670/month

5 Days on Market

Highlights

  • Landscaped Professionally
  • Family Room with Fireplace
  • English Architecture
  • Greeley Elementary School Rated A
  • Vaulted Ceiling
  • 3-minute walk to Elder Lane Park

About This Home

As of September 2022

Charming 3 bedroom home located 1 block from Lake Michigan, New Trier High School and Greeley Grade School! English Cottage vibe with vaulted ceiling in the living room with wood beams. Open Kitchen with eating area and family room. Small screened in porch off the back of the home overlooks the fenced in yard with brick patio area. Convenient 1 car attached garage with small mudroom area. Upstairs is master with balcony overlooking the back yard. Two additional bedrooms, a hall bath and laundry room complete the second level. The basement is partial and unfinished but there is a 2nd laundry area and room for storage along with the mechanical area. The front of the home has a paver driveway area for additional parking. Bring your ideas. Home sold "as is".

Last Agent to Sell the Property

Christina Fawcett

@properties Christie's International Real Estate License #475124223 Listed on: 08/06/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Michael Root

Root Realty, Inc. License #471017013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,343

Year Built

  • Built in 1928

Lot Details

  • 8,499 Sq Ft Lot
  • Lot Dimensions are 50 x 170
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • English Architecture
  • Shake Roof

Interior Spaces

  • 2,601 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Screened Porch
  • Partially Finished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Outdoor Features

  • Balcony
  • Patio

Schools

  • Greeley Elementary School
  • The Skokie Middle School
  • New Trier Twp High School Northfield/Wi

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • English

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,343

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: English
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings
  • LivingArea: 2601
  • Room Type: Den, Screened Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Porch Screened
  • Lot Features: Fenced Yard, Landscaped
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Stucco,Stone

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Greeley Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: The Skokie School
  • Junior High/Middle School #2: CARLETON W WASHBURNE SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1951
  • Lot Dimensions: 50 X 170
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 23343
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2022
Closed on
Aug 26, 2022
Sold by
Chaplin Brian and Chaplin Lan
Bought by
Root Michael V and Root Caitlin
Seller's Agent
Christina Fawcett
@properties Christie's International Real Estate
Buyer's Agent
Michael Root
Root Realty, Inc.
List Price
$899,000
Sold Price
$880,000
Premium/Discount to List
-$19,000
-2.11%
Current Estimated Value
$1,342,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,875
Avg. Annual Appreciation
13.58%
Original Mortgage
$704,000
Outstanding Balance
$667,264
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$675,611

Purchase Details

Listed on
May 24, 2013
Closed on
Jun 29, 2013
Sold by
Livney Patrick A and Livney Stephanie R
Bought by
Chaplin Brian and Chaplin Lan
Seller's Agent
Eileen Campbell
Jameson Sotheby's International Realty
Buyer's Agent
Christina Fawcett
@properties Christie's International Real Estate
List Price
$857,000
Sold Price
$872,500
Premium/Discount to List
$15,500
1.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.09%
Original Mortgage
$698,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 13, 2003
Sold by
The Northern Trust Co
Bought by
Livney Patrick A and Livney Stephanie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,600
Interest Rate
4.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 5, 2003
Sold by
Klein Carl R and Klein Peggy A D
Bought by
The Northern Trust Co and Trust #10072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,600
Interest Rate
4.12%
Mortgage Type
Unknown

Purchase Details

Closed on
May 31, 1996
Sold by
Klein Peggy A D
Bought by
Klein Carl R and Klein Peggy A D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.97%

Purchase Details

Closed on
May 19, 1996
Sold by
Kempshall Patricia A
Bought by
Klein Peggy A D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.97%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Root Michael V $880,000 None Listed On Document
Chaplin Brian $872,500 None Available
Livney Patrick A $857,000 Centennial Title
The Northern Trust Co -- --
Klein Carl R -- --
Klein Peggy A D $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Root Michael V $704,000
Previous Owner Chaplin Brian $698,000
Previous Owner Livney Patrick A $685,600
Previous Owner Klein Carl R $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2022 09/06/22 Sold $880,000 -2.1% $338 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
08/06/2022 08/06/22 For Sale $899,000 +3.0% $346 / Sq Ft
07/08/2013 07/08/13 Sold $872,500 0.0% $335 / Sq Ft View Prior Sale
05/29/2013 05/29/13 Pending -- -- --
05/27/2013 05/27/13 Off Market $872,500 -- --
05/24/2013 05/24/13 For Sale $857,000 -- $329 / 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 $19,865 $89,000 $28,050 $60,950
2023 $19,425 $89,000 $28,050 $60,950
2022 $19,425 $89,000 $28,050 $60,950
2021 $23,721 $91,402 $19,125 $72,277
2020 $23,343 $91,402 $19,125 $72,277
2019 $23,168 $99,351 $19,125 $80,226
2018 $23,508 $98,009 $16,575 $81,434
2017 $22,783 $98,009 $16,575 $81,434
2016 $21,699 $98,009 $16,575 $81,434
2015 $18,949 $77,016 $13,812 $63,204
2014 $19,193 $79,721 $13,812 $65,909
2013 $18,307 $79,721 $13,812 $65,909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11485684

Midwest Real Estate Data (MRED)

APN: 05-21-410-004-0000