NOT LISTED FOR SALE

434 Elder Ln Winnetka, IL 60093

Estimated Value: $1,359,673

4 Beds
4.5 Baths
2,620 Sq Ft
$519/Sq Ft Est. Value

Last Sold April 02, 2024

Last sale price $1,100,000 $420 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $8,899/month

51 Days on Market

Highlights

  • Property is near park
  • Recreation Room
  • Sun or Florida Room
  • Greeley Elementary School Rated A
  • Wood Flooring
  • Home Office

About This Home

As of April 2024

Wonderful home in prime east Winnetka location near schools, train and Lake Michigan! This ideal location is 2 blocks to Elder Beach, an easy walk to Greeley Elementary and New Trier High School, 2 blocks to an incredible bike/running/walking path and a 5 minute walk to the Indian Hill Train station. This beautiful home has been lovingly maintained and offers four floors of living, high ceilings, large rooms and an easy flow through all the rooms that make a house work for today's requirements. First floor features large family room, formal dining room, updated kitchen, office and sunny mudroom/sunroom. The second floor offers a large primary suite with private office and full bath plus two additional bedrooms and a hall bath. The third floor retreat has a large bonus room and spacious bedroom plus full bath. The lower level includes a rec room, full bath, loads of storage and laundry. The back patio and yard (southern-facing) are idyllic and the newer 2++ garage with storage area for bikes and lawn equipment is fabulous! This home sweet home exudes charm ....all in an ideal location!

Last Agent to Sell the Property

Joanne Hudson

Compass License #475096932 Listed on: 11/22/2023

Compass

Last Buyer's Agent

Laura McCain

Compass License #475131162

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,805

Year Built

  • Built in 1928

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50 x 170
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Bookcases
  • Dry Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Sun or Florida Room
  • Utility Room with Study Area
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Partially Finished Basement

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

Schools

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

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Additional Features

  • Patio
  • Property is near park

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,805

Year Built

Built in 1928

Lot Details

0

Parking

2

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: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Bar-Dry, Hardwood Floors, Built-in Features, Bookcases
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Sun Room, Office, Study, Recreation Room, Foyer, Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),7 Foot or more high garage door
  • 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, Steam, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • 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: 0.2
  • 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: 21804.82
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
Mar 1, 2024
Sold by
Durbin Donald H and Durbin Melissa S
Bought by
434 Elder Investors Llc
Seller's Agent
Joanne Hudson
Compass
Buyer's Agent
Laura McCain
Compass
List Price
$1,189,000
Sold Price
$1,100,000
Premium/Discount to List
-$89,000
-7.49%
Views
207
Current Estimated Value
$1,359,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,673
Avg. Annual Appreciation
12.45%

Purchase Details

Closed on
Oct 22, 2001
Sold by
Michaelis Maximilian A and Michaelis Christine C
Bought by
Durbin Donald H and Durbin Melissa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.75%

Purchase Details

Closed on
Sep 16, 1999
Sold by
Casty Lee S
Bought by
Michaelis Maximilian A and Michaelis Christine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.21%

Purchase Details

Closed on
Apr 17, 1997
Sold by
Mayer Erwin and Mayer Jennifer P
Bought by
Casty Lee S

Purchase Details

Closed on
Apr 5, 1995
Sold by
Hunt Howard C and Hunt Victoria S
Bought by
Mayer Erwin and Mayer Jennifer P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
8.55%
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
434 Elder Investors Llc $1,100,000 None Listed On Document
Durbin Donald H $800,000 --
Michaelis Maximilian A $714,500 --
Casty Lee S $650,000 --
Mayer Erwin $477,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Durbin Donald H $640,000
Previous Owner Michaelis Maximilian A $240,000
Previous Owner Mayer Erwin $203,150
Closed Mayer Erwin $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2024 04/02/24 Sold $1,100,000 -7.5% $420 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
11/22/2023 11/22/23 For Sale $1,189,000 -- $454 / 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 $21,557 $137,000 $22,950 $114,050
2024 $21,557 $96,301 $28,050 $68,251
2023 $20,272 $96,301 $28,050 $68,251
2022 $20,272 $96,301 $28,050 $68,251
2021 $21,805 $87,349 $19,125 $68,224
2020 $21,516 $87,349 $19,125 $68,224
2019 $21,341 $94,945 $19,125 $75,820
2018 $21,436 $92,803 $16,575 $76,228
2017 $20,788 $92,803 $16,575 $76,228
2016 $19,993 $92,803 $16,575 $76,228
2015 $19,027 $79,959 $13,812 $66,147
2014 $20,045 $85,826 $13,812 $72,014
2013 $19,105 $85,826 $13,812 $72,014
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11935604

Midwest Real Estate Data (MRED)

APN: 05-21-409-005-0000