NOT LISTED FOR SALE

404 Elder Ln Winnetka, IL 60093

Estimated Value: $1,746,000 - $1,821,000

4 Beds
3.5 Baths
2,623 Sq Ft
$680/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $1,590,000 $606 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,990/month

2 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Wood Flooring
  • Greeley Elementary School Rated A
  • Recreation Room
  • 4-minute walk to Elder Lane Park

About This Home

As of November 2023

This sweet & chic East Winnetka renovated charmer delivers a magical North Shore living experience set on a beautiful treelined street with a canopy of leaves changing colors, cool lake breezes, and academic excellence only steps away at Greeley & New Trier. Expanded to fit today's lifestyle, this sun-drenched home has exactly what is desired...custom putty grey-blue kitchen with quartz c-tops, s/s appliances with eat-in breakfast space, huge family room accented with custom built-ins, luxurious primary bedroom & crisp white marble baths! Cozy formal entry with black & white marble flooring accented with fun wallpaper sets the youthful vibe. Finely appointed living room with FB w/ honed black granite opens to a wrap-around porch. Elegant dining room with Quadrille wallpaper & Visual Comfort fixture opens to custom chef's kitchen with a beautiful bay window & sliding french doors to the oversized backyard. The fabulous family room is ideal for entertainment w/ mudroom and open entry to lower level. 2nd floor with 4 beds including an oversized primary suite with custom desk area, spa marble bath with dual vanity and huge bedroom. Other 3 charming beds share hall marble bath. LL is expansive with 5th bedroom, full bath and 2 rec areas. Ideal location a block from New Trier allows a bonus financial opportunity to rent some driveway space to students! Nooked off Sheridan Road, this special little enclave is ideal for those coming up to Winnekta as it's truly the best of all worlds even with the Indian Hill train stop being a quick walk away. Stop by and stay forever...this white classic Dutch Colonial is the perfect place to call home.

Last Agent to Sell the Property

Jena Radnay

@properties Christie's International Real Estate License #475141392 Listed on: 10/19/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Megan Mawicke

Jameson Sotheby's International Realty License #475147981

Jameson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,722

Year Built

  • Built in 1920 | Remodeled in 2020

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50 x 170
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Wood Burning Fireplace
  • Window Treatments
  • French Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Bonus Room
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,722

Year Built

Built in 1920 | Remodeled in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Built-in Features, Open Floorplan, Some Window Treatmnt
  • Other Equipment: Sump Pump
  • Room Type: Enclosed Porch, Recreation Room, Bedroom 5, Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Pull Down Stair
  • Door Features: French Doors
  • Window Features: Window Treatments

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot, Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, 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: Carleton W Washburne School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.19
  • Lot Dimensions: 50 X 170
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 19721.86
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Nov 20, 2023
Sold by
Heinlein Andrew and Heinlein Emily
Bought by
George E Heck Jr Trust and Heck
Seller's Agent
Jena Radnay
@properties Christie's International Real Estate
Buyer's Agent
Megan Mawicke
Jameson Sotheby's International Realty
List Price
$1,549,900
Sold Price
$1,590,000
Premium/Discount to List
$40,100
2.59%
Views
42
Current Estimated Value
$1,784,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,023
Avg. Annual Appreciation
5.53%

Purchase Details

Listed on
Feb 2, 2015
Closed on
Apr 20, 2015
Sold by
Ratke Richard B and Ratke Megan M
Bought by
Heinlein Andrew and Heinlein Emily
Seller's Agent
Jena Radnay
@properties Christie's International Real Estate
Buyer's Agent
Jena Radnay
@properties Christie's International Real Estate
List Price
$1,099,000
Sold Price
$1,045,000
Premium/Discount to List
-$54,000
-4.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$836,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2007
Sold by
Fortin Daniel S and Fortin Carolyn
Bought by
Ratke Richard B and Ratke Megan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$754,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 27, 2002
Sold by
Fortin Daniel S and Fortin Carolyn
Bought by
Fortin Daniel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
5.87%

Purchase Details

Closed on
Apr 26, 2000
Sold by
Kelly Hugh C and Kelly Jennifer C
Bought by
Fortin Daniel S and Fortin Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.87%
Source: Public Records
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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
George E Heck Jr Trust $1,590,000 Proper Title
Heinlein Andrew $1,045,000 Proper Title Llc
Ratke Richard B $942,500 Cti
Ratke Richard B $942,500 Cti
Fortin Daniel S -- Chicago Title Insurance Co
Fortin Daniel S -- Chicago Title Insurance Co
Fortin Daniel S $700,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heinlein Andrew $836,000
Previous Owner Ratke Richard B $754,000
Previous Owner Fortin Daniel S $300,700
Previous Owner Fortin Daniel S $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2023 11/20/23 Sold $1,590,000 +2.6% $606 / Sq Ft
10/22/2023 10/22/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $1,549,900 +48.3% $591 / Sq Ft
04/27/2015 04/27/15 Sold $1,045,000 -4.9% $398 / Sq Ft View Prior Sale
02/02/2015 02/02/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $1,099,000 -- $419 / 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
2025 $19,939 $143,000 $22,950 $120,050
2024 $19,939 $89,323 $28,050 $61,273
2023 $18,749 $89,323 $28,050 $61,273
2022 $18,749 $89,323 $28,050 $61,273
2021 $19,722 $79,323 $19,125 $60,198
2020 $20,119 $81,881 $19,125 $62,756
2019 $19,955 $89,002 $19,125 $69,877
2018 $19,900 $86,399 $16,575 $69,824
2017 $20,872 $93,167 $16,575 $76,592
2016 $21,616 $100,131 $16,575 $83,556
2015 $18,883 $79,373 $13,812 $65,561
2014 $18,491 $79,373 $13,812 $65,561
2013 -- $79,373 $13,812 $65,561
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11909863

Midwest Real Estate Data (MRED)

APN: 05-21-410-001-0000