NOT LISTED FOR SALE

423 Central Ave Wilmette, IL 60091

Estimated Value: $2,206,000 - $2,375,212

5 Beds
4.5 Baths
5,327 Sq Ft
$435/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $2,245,000 $421 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $15,209/month

3 Days on Market

Highlights

  • Recreation Room
  • 2 Fireplaces
  • Den
  • Central Elementary School Rated A
  • Home Gym
  • 3 Car Detached Garage

About This Home

As of June 2024

Highly sought-after East Wilmette location! This timeless 5 bed, 4.5 bath - meticulously maintained - Victorian style home, circa 1894, was one of the first residencies constructed in Wilmette, IL. This classic home with rich architectural detail offers an inviting and elegant presence both inside and out. You will be welcomed into the home's entry that leads to an open foyer and impressive preserved three-story stairwell. Architectural details, spacious rooms and generous ceiling heights, create a comfortable and attractive floor plan, perfect for families and entertaining. The first floor living room features a gas fireplace with historic marble surround, French doors that open to the covered front porch, and an original 1800's pocket door leading to the den/office. The historic millwork continues in the octagon shaped dining room where 3 large windows create perfect lighting for intimate dinners and memorable holiday gatherings. Continuing to the rear of the first floor you will find yourself entering the home's remodeled modern kitchen surrounded by beautiful quartzite countertops and a custom hand crafted Mitchel & Mitchel polished nickel range hood. The kitchen opens to the airy sun-filled family room where you will find a wood-burning fireplace and imported marble surround. Additionally, a double set of French doors guide you out to a deck, partially covered, gas connection for grilling, and the large, lush backyard. The first floor also includes a breakfast room located seamlessly off of the kitchen, a powder room located centrally for easy access, a hall bar, and coat closet. Upstairs to the second floor, a hall bath, conveniently located laundry room, and 3 bedrooms await, each offering custom California Closets. The serene primary suite boasts 4 large windows, a tranquil bathroom, and two closets. The third floor includes two additional tree-top bedrooms, Jack-and-Jill bath, and a bonus room positioned in the turret of the home. The basement features a large rec room, full bath, gym, and two large unfinished storage rooms. A 3-car detached garage, plus an additional outdoor parking space off the alley is perfect for larger families and guests. This beautiful home seamlessly blends modern luxury with the timeless essence and quality of its original finishes and craftsmanship. Its premier location is just steps away from Gillson Beach and Park, shops, restaurants, Metra, and the El. Don't miss this rare opportunity to own a piece of Wilmette history! Recent Updates (2021-2024): exterior redesign, interior painting, exterior tuck pointing, new furnace, new hot water heater, additional landscaping, basement carpet, new marble and hardwood floors in the back-half of the first floor, additional electrical box, new washer & dryer, renovated kitchen, hall bar addition, new window treatments, and new lighting throughout, among others.

Last Agent to Sell the Property

Shelley Shelly

@properties Christie's International Real Estate License #475172222 Listed on: 05/16/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Courtney Cook

@properties Christie's International Real Estate License #475120240

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,243

Year Built

  • Built in 1894 | Remodeled in 2021

Lot Details

  • 10,637 Sq Ft Lot
  • Lot Dimensions are 50 x 212

Parking

  • 3 Car Detached Garage
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Stucco

Interior Spaces

  • 5,327 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Den
  • Recreation Room
  • Bonus Room
  • Home Gym

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms

Finished Basement

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

Schools

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

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,243

Year Built

Built in 1894 | Remodeled in 2021

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1894
  • 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: 2021
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplaces: 2
  • LivingArea: 5327
  • Room Type: Bedroom 5, Bonus Room, Den, Recreation Room, Exercise Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Square Footage Comments: above grade finished - 4126 Lower finished - 1201 unfinished - 818 Total finished/unfinished - 6145
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Plans

Exterior Features

  • List Price: 1950000
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Off Alley
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • 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
  • Middle/Junior School District: 39
  • Elementary School #2: Highcrest Middle School

Lot Info

  • Lot Size Acres: 0.2442
  • Lot Dimensions: 50 X 212
  • 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: 28243
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 10, 2024
Sold by
Lloyd Adam R and Webb Bridget S
Bought by
Cole Jessica Marie and Mccartan Theodore Stephen
Seller's Agent
Shelley Shelly
@properties Christie's International Real Estate
Buyer's Agent
Courtney Cook
@properties Christie's International Real Estate
List Price
$1,950,000
Sold Price
$2,245,000
Premium/Discount to List
$295,000
15.13%
Views
9
Current Estimated Value
$2,319,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,303
Avg. Annual Appreciation
2.75%

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 8, 2021
Sold by
Gould Rashid Pamela and Pamela Gould Rashid Trust
Bought by
Lloyd Adam R and Webb Bridget S
Seller's Agent
Shelley Shelly
@properties Christie's International Real Estate
Buyer's Agent
Darrell Scott
Compass
List Price
$1,339,000
Sold Price
$1,500,000
Premium/Discount to List
$161,000
12.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.57%
Original Mortgage
$1,200,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2016
Sold by
Rashid Pamela Gould
Bought by
Rashid Pamela Gould and Pamela Gould Rashid Trust

Purchase Details

Closed on
Apr 30, 2007
Sold by
Rashid Philip E
Bought by
Rashid Pamela Gould

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$597,500
Interest Rate
6.26%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 16, 2006
Sold by
Maras Stephen M and Maras Mitzi T
Bought by
Gould Rashid Jr Philip E and Gould Rashid Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.72%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Cole Jessica Marie $2,245,000 Proper Title
Lloyd Adam R $1,500,000 Chicago Title
Rashid Pamela Gould -- None Available
Rashid Pamela Gould -- None Available
Gould Rashid Jr Philip E $1,410,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lloyd Adam R $1,200,000
Previous Owner Rashid Pamela Gould $580,000
Previous Owner Rashid Pamela Gould $400,000
Previous Owner Rashid Pamela Gould $586,000
Previous Owner Rashid Pamela Gould $597,500
Previous Owner Gould Rashid Jr Philip E $600,000
Previous Owner Maras Mitzi T $100,000
Previous Owner Maras Stephen M $475,000
Previous Owner Maras Stephem M $320,000
Previous Owner Maras Stephen M $322,000
Previous Owner Maras Stephen M $275,000
Previous Owner Maras Stephen M $275,000
Previous Owner Maras Stephen $50,000
Previous Owner Maras Stephen M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $2,245,000 +15.1% $421 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $1,950,000 +30.0% $366 / Sq Ft
04/09/2021 04/09/21 Sold $1,500,000 +12.0% $303 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $1,339,000 -- $271 / 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 $30,860 $136,001 $29,013 $106,988
2023 $29,209 $136,001 $29,013 $106,988
2022 $29,209 $136,001 $29,013 $106,988
2021 $28,243 $112,044 $23,210 $88,834
2020 $27,840 $112,044 $23,210 $88,834
2019 $29,321 $131,963 $23,210 $108,753
2018 $25,152 $109,158 $20,045 $89,113
2017 $24,470 $109,158 $20,045 $89,113
2016 $23,462 $110,436 $20,045 $90,391
2015 $23,053 $95,484 $16,616 $78,868
2014 $22,699 $95,484 $16,616 $78,868
2013 $21,664 $95,484 $16,616 $78,868
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12053784

Midwest Real Estate Data (MRED)

APN: 05-35-107-015-0000