NOT LISTED FOR SALE

418 Forest Ave Wilmette, IL 60091

Estimated Value: $1,606,000 - $1,975,000

3 Beds
3.5 Baths
2,837 Sq Ft
$608/Sq Ft Est. Value

Sale Details

Date Sold: May 20, 2022

Last sale price $1,295,000 $456 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $11,202 / mo

6 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Traditional Architecture
  • Central Elementary School Rated A
  • Recreation Room
  • 5-minute walk to Elmwood Dunes

About This Home

As of May 2022

EAST WILMETTE! Fabulous location, just steps to Lake Michigan. This timeless stucco and wood Tudor has been beautifully maintained and updated with great attention to detail. The first floor includes a spacious welcoming foyer, a formal living with fireplace "As Is" and an adjoining sun room that overlooks the deep, professionally landscaped backyard and gazebo. Spacious and comfortable family room with wall of built-ins and large windows. Light and bright DeGuilio kitchen features extra large eating area, island with granite counters, quartz countertops top-of-the-line appliances. A mudroom and powder room complete the first floor. The second floor includes a master bedroom suite with attached sunroom/office (new in 2002) with 7 windows that have East, West and North exposures, large, walk-in closet and private bath. There are two additional nice sized family bedrooms with hardwood floors and a shared jack-and jill bathroom. A bonus second floor room could be used for office, den or nursery. The basement includes access to the underground two car garage, laundry room, plenty of storage and a recreation area. A truly wonderful home in a most convenient location to Gillson park and beach, transportation and downtown Wilmette. Buyer pays Wilmette Transfer tax.

Last Agent to Sell the Property

Mary Baubonis

@properties Christie's International Real Estate License #475128975 Listed on: 02/09/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Stacy Karel

@properties Christie's International Real Estate License #475131043

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,638

Year Built

  • Built in 1930

Lot Details

  • 9,448 Sq Ft Lot
  • Lot Dimensions are 50 x 187 x 50 x 191
  • Landscaped Professionally

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Slate Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • Sitting Room
  • Den
  • Recreation Room
  • Heated Sun or Florida Room
  • Lower Floor Utility Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Microwave
  • High End Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Gazebo

Schools

  • Central Elementary School
  • Wilmette Junior High School
  • New Trier Twp High School Northfield/Wi

Utilities

  • Central Air
  • SpacePak Central Air
  • Radiator
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,638

Year Built

Built in 1930

Lot Details

9,448 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1930
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Cooktop
  • Basement: Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Room Type: Den, Heated Sun Room, Sitting Room, Eating Area, Mud Room, Recreation Room, Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: None
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Pull Down Stair,Unfinished
  • Bathroom: Full

Exterior Features

  • ExteriorFeatures: Deck
  • Lot Features: Landscaped
  • OtherStructures: Gazebo
  • Roof: Slate
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Type: Eating Area-Table Space,Island,Granite Counters,Updated Kitchen

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Space Pac
  • Heating: Natural Gas, Baseboard, Radiator(s)
  • 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: Central Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: Wilmette Junior High School

Lot Info

  • Lot Size Acres: 0.2169
  • Lot Dimensions: 50 X 187 X 50 X 191
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

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

Tax Info

  • Tax Annual Amount: 21638.21
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
May 18, 2022
Sold by
Gallagher James P
Bought by
Ryan Matthew W
Seller's Agent
Mary Baubonis
@properties Christie's International Real Estate
Buyer's Agent
Stacy Karel
@properties Christie's International Real Estate
List Price
$1,349,500
Sold Price
$1,295,000
Premium/Discount to List
-$54,500
-4.04%
Current Estimated Value
$1,723,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,846
Avg. Annual Appreciation
7.51%
Original Mortgage
$1,036,000
Outstanding Balance
$976,023
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$747,823

Purchase Details

Closed on
Mar 31, 2008
Sold by
Laro Waimon David A and Laro Waimon Rachel
Bought by
Gallagher James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 4, 1998
Sold by
Gallagher James P and Gallagher Mary T
Bought by
Waimon Rachel Laro and Waimon David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
7.06%
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
Ryan Matthew W $1,295,000 None Listed On Document
Gallagher James P $1,350,000 Ticor Title Insurance Co
Waimon Rachel Laro $925,000 Nona Title
Laro Waimon David A $325,000 Rei Title
Waimon Rachel Laro $925,000 Nona Title
Waimon Rachel Laro $925,000 Nona Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Matthew W $1,036,000
Previous Owner Gallagher James P $900,000
Previous Owner Laro Waimon David A $688,000
Previous Owner Waimon Rachel Laro $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $1,295,000 -4.0% $456 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $1,349,500 -- $476 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $25,513 $153,001 $30,713 $122,288
2024 $25,513 $115,751 $25,988 $89,763
2023 $25,884 $126,674 $25,988 $100,686
2022 $25,884 $126,674 $25,988 $100,686
2021 $20,306 $84,158 $22,680 $61,478
2020 $21,638 $90,257 $22,680 $67,577
2019 $24,410 $113,180 $22,680 $90,500
2018 $20,817 $93,683 $18,900 $74,783
2017 $20,891 $93,683 $18,900 $74,783
2016 $22,022 $103,811 $18,900 $84,911
2015 $19,798 $82,375 $15,592 $66,783
2014 $19,496 $82,375 $15,592 $66,783
2013 $20,683 $91,283 $15,592 $75,691
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11321006

Midwest Real Estate Data (MRED)

APN: 05-27-413-015-0000

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