NOT LISTED FOR SALE

480 Elder Ln Winnetka, IL 60093

Estimated Value: $1,275,000 - $1,625,057

5 Beds
4 Baths
2,345 Sq Ft
$617/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $1,050,000 $448 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $9,201/month

7 Days on Market

Highlights

  • Recreation Room
  • Breakfast Room
  • Butlers Pantry
  • Greeley Elementary School Rated A
  • Detached Garage
  • Entrance Foyer

About This Home

As of May 2021

A gem! 5 BR, 3.1 BTHS fabulous house with gorgeous renovations in the heart of east Winnetka near schools, beach, train, bike/running path and town. Four floors of living include spacious rooms on the first floor including renovated kitchen and breakfast room, double living room, family room off kitchen and office; second floor features four generous bedrooms and two renovated baths, 3rd floor features a large bonus room/5th bedroom. Lower level has been 'dug out' and has a large rec room, full bath, laundry/ mudroom all with heated floors. Lush property has been professionally landscaped and is fully fenced and perfect for kids of all ages!

Last Agent to Sell the Property

Joanne Hudson

Compass License #475096932 Listed on: 03/18/2021

Compass

Last Buyer's Agent

Paige Dooley

Compass License #475131775

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1925

Lot Details

  • 8,233

Parking

  • Detached Garage
  • Garage Door Opener
  • Side Driveway
  • Gravel Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Entrance Foyer
  • Breakfast Room
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Butlers Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Separate Shower

Location

  • Property is near bus stop

Utilities

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

Home Details

Home Type

Single Family

Year Built

1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Age: 91-100 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 3 Stories
  • Estimated Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Number Of Rooms: 11
  • Living Room: Dimensions: 23X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 12X6, On Level: Main Level, Flooring: Other
  • Dining Room: Dimensions: 15X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X13, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Island, Pantry-Butler
  • Additional Rooms: 5th Bedroom, Breakfast Room, Foyer, Recreation Room
  • Master Bedroom: Dimensions: 14X13, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 20X12, On Level: 3rd Level, Flooring: Carpet
  • Additional Room 2 Name: Breakfast Rm, Dimensions: 15X10, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 17X13, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Foyer, Dimensions: 11X5, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 14X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: Recreation Rm, Dimensions: 30X15, On Level: Basement, Flooring: Ceramic Tile
  • Bedroom 4: Dimensions: 15X10, On Level: 2nd Level, Flooring: Hardwood
  • Dining Room Type: Separate
  • Family Room: Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Gravel, Side Drive
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Schools

  • Junior High Dist: 36

Lot Info

  • Lot Dimensions: 50X165
  • Parcel Identification Number: 05213180030000

Tax Info

  • Taxes: 18584

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
May 7, 2021
Sold by
Deblasio Frances J Durdan and Durdan Frances J
Bought by
Jerry Arthur and Petraglia Sarah Ann
Seller's Agent
Joanne Hudson
Compass
Buyer's Agent
Paige Dooley
Compass
List Price
$999,000
Sold Price
$1,050,000
Premium/Discount to List
$51,000
5.11%
Current Estimated Value
$1,446,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,014
Avg. Annual Appreciation
7.17%
Original Mortgage
$945,000
Outstanding Balance
$853,010
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$593,004

Purchase Details

Closed on
Jul 31, 2012
Sold by
Deblasio Frances J Durdan and Deblasio Frances
Bought by
The Frances J Durdan Deblasio Revocable

Purchase Details

Closed on
Jun 7, 2010
Sold by
Fadden Joan K
Bought by
Deblasio Frances

Purchase Details

Closed on
Dec 28, 2000
Sold by
Fadden John P and Fadden Joan K
Bought by
Fadden Joan K and Joan K Fadden Trust

Purchase Details

Closed on
Feb 18, 1998
Sold by
Fadden Joan K
Bought by
Fadden John P and Fadden Joan K

Purchase Details

Closed on
Jul 9, 1997
Sold by
Fadden John P and Fadden Joan K
Bought by
Fadden Joan K and Joan K Fadden Trust
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
Jerry Arthur $1,050,000 Chicago Title
The Frances J Durdan Deblasio Revocable -- None Available
Deblasio Frances $870,000 Cti
Fadden Joan K -- --
Fadden John P -- --
Fadden Joan K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jerry Arthur $945,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2021 05/19/21 Sold $1,050,000 +5.1% $448 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $999,000 -- $426 / 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 $19,495 $125,495 $22,275 $103,220
2024 $19,495 $84,091 $27,225 $56,866
2023 $18,353 $84,091 $27,225 $56,866
2022 $18,353 $84,091 $27,225 $56,866
2021 $16,654 $64,172 $18,562 $45,610
2020 $16,389 $64,172 $18,562 $45,610
2019 $16,961 $72,732 $18,562 $54,170
2018 $18,584 $77,479 $16,087 $61,392
2017 $18,495 $79,566 $16,087 $63,479
2016 $20,409 $92,182 $16,087 $76,095
2015 $17,226 $70,014 $13,406 $56,608
2014 $16,856 $70,014 $13,406 $56,608
2013 $17,510 $76,252 $13,406 $62,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11028058

Midwest Real Estate Data (MRED)

APN: 05-21-318-003-0000