NOT LISTED FOR SALE

401 Locust Rd Wilmette, IL 60091

Estimated Value: $664,000 - $786,000

3 Beds
2.5 Baths
1,358 Sq Ft
$543/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $659,000 $485 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,734/month

13 Days on Market

Highlights

  • Home Office
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Romona Elementary School Rated A+
  • Patio
  • 5-minute walk to Roemer Park

About This Home

As of October 2023

Welcome to this stunning expanded split-level home located in the highly desirable Wilmette neighborhood. This spacious residence offers an abundance of features and amenities that make it the perfect family home. As you approach the property, you'll immediately notice its great curb appeal, with manicured landscaping and beautiful perennials that enhance its charm. The 2-car attached garage provides convenient parking and easy access to the home. Upon entering, you'll be greeted by cathedral ceilings and a sense of openness. The main level features an inviting eat-in kitchen with a huge window that floods the space with natural light. The kitchen boasts updated cabinets, granite countertops, and a handsome backsplash, making it a chef's dream. The large living room is a focal point of the home, with its high ceilings and wall of windows , providing breathtaking views of the gorgeous yard. On the main level, you'll also find an additional room with a skylight, ideal for use as a home office or a cozy reading nook or den. It also has sliding doors to the patio, which is perfect for relaxing and entertaining. From every window in the house, you'll enjoy picturesque views that create a serene and tranquil atmosphere. The upper level hosts three generously sized bedrooms, each offering comfortable living spaces and ample closet storage.The lower level consists of a spacious family room with a fireplace, creating a warm and inviting space for family gatherings. It also features exterior access, adding convenience and functionality. An additional bedroom with a full bath on this level can serve as a guest bedroom or in-law arrangement. Hardwood floors flow throughout the home, adding to its elegance, and the bathrooms have been tastefully updated. Newer windows contribute to the home's energy efficiency and aesthetics. For those in need of extra storage space, the sub-basement provides ample room for all your storage needs.This home truly shows pride of ownership and has been meticulously maintained, ensuring that it's move-in ready for its next lucky residents. Don't miss the opportunity to make this wonderful Wilmette property your new home, where you can enjoy the comfort, space, and beauty it offers while being within walking distance to schools and parks, community center and pool, short drive to Lake Michigan and Gilson Park. It's the perfect place to create lasting memories with your loved ones.

Last Agent to Sell the Property

Lena Bondar

@properties Christie's International Real Estate License #471014815 Listed on: 09/18/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Lance Kirshner

Compass License #475124478

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,692

Year Built

  • Built in 1959

Lot Details

  • 8,364

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Split Level with Sub
  • Brick Exterior Construction

Interior Spaces

  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Home Office

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sub-Basement
  • Recreation or Family Area in Basement
  • Basement Storage

Schools

  • Romona Elementary School
  • New Trier Twp High School Northfield/Wi

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Patio
  • Lot Dimensions are 69x125

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,692

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level w/ Sub
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level w/ Sub
  • Year Built: 1959
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Room Type: Den, Office, Other Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1358
  • Basement Description: Finished,Sub-Basement,Exterior Access,Rec/Family Area,Storage Space
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 655000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Romona Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School District: 39

Lot Info

  • Lot Dimensions: 69X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 9692.32
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Oct 28, 2023
Sold by
Dorai Sundaram and Dorai Sarmila
Bought by
Slavin Chase M and Slavin Margaret Ann
Seller's Agent
Lena Bondar
@properties Christie's International Real Estate
Buyer's Agent
Lance Kirshner
Compass
List Price
$655,000
Sold Price
$659,000
Premium/Discount to List
$4,000
0.61%
Views
70
Current Estimated Value
$737,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,082
Avg. Annual Appreciation
6.01%
Original Mortgage
$320,000
Outstanding Balance
$314,679
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$422,403

Purchase Details

Closed on
Nov 4, 2010
Sold by
Dorai Shanmugasundaram and Govindan Sarmila
Bought by
Dorai Sundaram and Govindan Sarmila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2003
Sold by
Kim Koo and Kim Mi Ae
Bought by
Doraiswamy Shanmugasundaram and Govindan Sarmila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
4.62%
Mortgage Type
Unknown

Purchase Details

Closed on
May 28, 2002
Sold by
Stavin Nancy Brook
Bought by
Kim In Koo and Kim Mi Ae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,000
Interest Rate
7%

Purchase Details

Closed on
Dec 5, 1994
Sold by
Goldstein Leonard
Bought by
Goldstein Leonard and Stavin Nancy Brook
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
Slavin Chase M $659,000 None Listed On Document
Dorai Sundaram -- Law Title Insurance
Doraiswamy Shanmugasundaram $460,000 --
Kim In Koo $390,000 --
Goldstein Leonard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slavin Chase M $320,000
Previous Owner Dorai Sundaram $296,000
Previous Owner Doraiswamy Shanmugasundaram $322,700
Previous Owner Kim In Koo $241,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $659,000 +0.6% $485 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/30/2023 09/30/23 Price Changed $655,000 0.0% $482 / Sq Ft
09/30/2023 09/30/23 For Sale $655,000 +0.9% $482 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $649,000 -- $478 / 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 $9,913 $47,001 $14,662 $32,339
2023 $9,360 $47,001 $14,662 $32,339
2022 $9,360 $47,001 $14,662 $32,339
2021 $9,692 $40,638 $10,472 $30,166
2020 $9,592 $40,638 $10,472 $30,166
2019 $9,405 $44,658 $10,472 $34,186
2018 $9,043 $41,446 $8,796 $32,650
2017 $8,807 $41,446 $8,796 $32,650
2016 $8,466 $41,446 $8,796 $32,650
2015 $7,607 $33,264 $7,330 $25,934
2014 $7,499 $33,264 $7,330 $25,934
2013 $7,147 $33,264 $7,330 $25,934
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11887547

Midwest Real Estate Data (MRED)

APN: 05-32-312-033-0000