NOT LISTED FOR SALE

474 Madison Ave Glencoe, IL 60022

Estimated Value: $1,765,296 - $2,103,000

5 Beds
5 Baths
3,921 Sq Ft
$480/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $1,200,000 $306 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $12,277/month

104 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Vaulted Ceiling
  • Central School Rated A
  • Recreation Room
  • 3-minute walk to Vernon Playground

About This Home

As of September 2016

PERFECT BRICK RESIDENCE - PERFECT SETTING.THIS BEAUTIFUL TRANSITIONAL HOME HAS VOLUME CEILINGS AND AN OPEN FLOOR PLAN. DETAILS ARE CROWN MOLDINGS, HARDWOOD FLOORS, RECESSED LIGHTS AND A HEATED 2.1 CAR ATTACHED GARAGE. FORMAL ROOMS HAVE INCLUDE A HANDSOME LIBRARY, COOKS KITCHEN OPENING TO THE FAMILY ROOM, FORMAL DINING ROOM AND A LUXURIOUS MASTER SUITE THAT OFFERS THE PERFECT OASIS. THERE IS A FULL LAUNDRY IN LOWER LEVEL AND A STACKABLE 2ND FLOOR LAUNDRY. FAB FULL BASEMENT HAS NATURAL LIGHT AND INCLUDES A FULL BATH,BEDROOM AND KITCHENETTE. AMAZING LOCATION CLOSE TO TOWN, TRANSPORTATION, PARKS AND SCHOOLS.

Last Agent to Sell the Property

Gloria Matlin

Compass License #475102576 Listed on: 04/12/2016

Compass

Last Buyer's Agent

Noah Levy

Compass License #475124935

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 2001

Lot Details

  • 0.27

Parking

  • Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Wet Bar
  • Bar Fridge
  • Vaulted Ceiling
  • Skylights
  • Library
  • Recreation Room
  • Play Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Year Built

2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 11-15 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 13
  • Living Room: Dimensions: 16X15, On Level: Main Level
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal, Wine Cooler/Refrigerator
  • Equipment: Humidifier, Security System, Sump Pump, Power Generator
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 14X7, On Level: Basement
  • Dining Room: Dimensions: 16X15, On Level: Main Level
  • Kitchen Type: Dimensions: 22X15, On Level: Main Level
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island
  • Additional Rooms: 5th Bedroom, Exercise Room, Library, Play Room, Recreation Room
  • Master Bedroom: Dimensions: 24X21, On Level: 2nd Level
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 14X10, On Level: Basement
  • Additional Room 2 Name: Library, Dimensions: 14X12, On Level: Main Level
  • Bedroom 2: Dimensions: 14X12, On Level: 2nd Level
  • Additional Room 3 Name: Recreation Rm, Dimensions: 28X18, On Level: Basement
  • Bedroom 3: Dimensions: 14X12, On Level: 2nd Level
  • Additional Room 4 Name: Playroom, Dimensions: 20X12, On Level: Basement
  • Bedroom 4: Dimensions: 15X12, On Level: 2nd Level
  • Additional Room 5 Name: Exercise Rm, Dimensions: 16X13, On Level: Basement
  • Additional Room 6 Name: Bar, Dimensions: 15X15, On Level: Basement
  • Dining Room Type: Separate
  • Family Room: Dimensions: 18X17, On Level: Main Level

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Exterior Property Features: Deck
  • Acreage: 0.2758

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 35

Lot Info

  • Lot Dimensions: 66 X 172.32 X 66 X 172.31
  • Parcel Identification Number: 05074160090000

Tax Info

  • Taxes: 27647.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2016
Closed on
Sep 30, 2016
Sold by
Wilkinson Denise M
Bought by
Silverstein Richard J and Silverstein Deborah R
Seller's Agent
Gloria Matlin
Compass
Buyer's Agent
Noah Levy
Compass
List Price
$1,475,000
Sold Price
$1,200,000
Premium/Discount to List
-$275,000
-18.64%
Current Estimated Value
$1,881,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$681,074
Avg. Annual Appreciation
4.96%
Original Mortgage
$800,000
Outstanding Balance
$624,624
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,256,450

Purchase Details

Closed on
Jul 5, 2007
Sold by
Wilkinson Denise M
Bought by
Wilkinson Denise M and Denise M Wilkinson Trust

Purchase Details

Closed on
Jul 1, 2003
Sold by
Posner K Mitchell and Posner Elizabeth D
Bought by
Wilkinson Paul T and Wilkinson Denise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,950
Interest Rate
5.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 29, 2001
Sold by
Fettner Construction Co
Bought by
Posner K Mitchell and Posner Elizabeth D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.25%

Purchase Details

Closed on
Aug 15, 2000
Sold by
Hanig Alice M
Bought by
Fettner Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,875
Interest Rate
10%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 9, 1996
Sold by
Hanig Peter J and Hanig Alice M
Bought by
Hanig Alice M
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
Silverstein Richard J $1,200,000 Chicago Title
Wilkinson Denise M -- None Available
Wilkinson Paul T $1,600,000 Rtc
Posner K Mitchell $1,350,000 --
Fettner Construction Co -- --
Fettner Mark $460,000 --
Hanig Alice M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silverstein Richard J $800,000
Previous Owner Wilkinson Paul T $999,950
Previous Owner Posner K Mitchell $800,000
Previous Owner Fettner Mark $655,875
Closed Posner K Mitchell $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $1,200,000 -15.8% $306 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
06/21/2016 06/21/16 Price Changed $1,425,000 -3.4% $363 / Sq Ft
04/12/2016 04/12/16 For Sale $1,475,000 -- $376 / 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 $29,297 $172,167 $33,634 $138,533
2024 $29,297 $122,918 $30,030 $92,888
2023 $28,826 $122,918 $30,030 $92,888
2022 $28,826 $129,468 $30,030 $99,438
2021 $27,952 $100,826 $21,621 $79,205
2020 $29,492 $109,059 $21,621 $87,438
2019 $30,448 $126,547 $21,621 $104,926
2018 $29,632 $120,000 $19,219 $100,781
2017 $28,803 $120,000 $19,219 $100,781
2016 $32,369 $142,091 $19,219 $122,872
2015 $26,875 $105,235 $15,915 $89,320
2014 $27,648 $110,803 $15,915 $94,888
2013 $26,358 $110,803 $15,915 $94,888
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09192396

Midwest Real Estate Data (MRED)

APN: 05-07-416-009-0000