NOT LISTED FOR SALE

481 Elder Ln Winnetka, IL 60093

Estimated Value: $911,000 - $1,072,000

3 Beds
3 Baths
1,865 Sq Ft
$538/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $490,000 $263 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $6,584/month

Highlights

  • Deck
  • Wood Flooring
  • Formal Dining Room
  • Greeley Elementary School Rated A
  • Den
  • Stainless Steel Appliances

About This Home

As of July 2020

Vintage Charm... 3 Bedrooms, 3 Baths, just steps from Greeley Elementary, New Trier, Elder Lane beach, Village center and Metra! Character abounds with eat-in kitchen with new quartz countertops and stainless appliances, opens onto a spacious deck and deep, fenced back yard. Large living room with beautiful decorative fireplace, built-in shelving and new energy efficient windows, complete with a separate, formal dining room, cozy den and full first floor bath make for a great main floor. Fully fenced, deep backyard with landscaping. Detached two car garage. Location can't be beat!

Last Agent to Rent the Property

Jefferson Vice

Coldwell Banker Realty License #475142281 Listed on: 03/25/2020

Coldwell Banker Realty

Last Renter's Agent

Richard Giese

Coldwell Banker Realty License #475160270

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1912

Lot Details

  • 6,621

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Shared Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Stucco Exterior

Interior Spaces

  • Bathroom on Main Level
  • Decorative Fireplace
  • Formal Dining Room
  • Den
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Deck
  • Fenced Yard
  • Property is near bus stop

Home Details

Home Type

Single Family

Year Built

1912

Lot Details

0

Parking

2

Rental Info

  • Available: 06/01/2020
  • Lease Terms: 1 Year Lease
  • Security Deposit: 1MONTH

Listing Details

  • Property Type: Residential Rental
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Age: 100+ Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Total Full or Half Bathrooms: 3
  • Type Detached: 2 Stories
  • Estimated Year Built: 1912
  • Type Of Rental Property: Detached
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1912

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Full Bath, Storage
  • Number Of Rooms: 7
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Decorative Only
  • Fireplace Location: Living Room
  • Basement: Partial
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 13X17
  • Master Bedroom Flooring: Hardwood
  • Master Bedroom Window Treatments: Shades
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 12X12
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 7X21
  • Third Bedroom Flooring: Hardwood
  • Third Bedroom Window Treatments: Shades
  • Above Grade Bedrooms: 3
  • Living Room Level: Main Level
  • Living Room Size: 18X21
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 12X14
  • Dining Room Flooring: Hardwood
  • Dining Room Window Treatments: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 9X13
  • Kitchen Flooring: Vinyl
  • Additional Rooms: Den
  • Additional Room 1 Name: Den
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 8X12
  • Additional Room 1 Flooring: Hardwood
  • Additional Room 1 Window Treatment: Shades
  • Estimated Sq Ft: 1865

Exterior Features

  • Exterior Building Type: Stucco
  • Exterior Property Features: Deck

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Shared
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 100
  • Pets Allowed: Yes
  • Pet Information: Additional Pet Rent, Cats OK, Dogs OK

Schools

  • Junior High Dist: 36

Lot Info

  • Lot Dimensions: 40 X 165
  • Lot Description: Fenced Yard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2013
Closed on
May 31, 2013
Sold by
Erker Charles A
Bought by
Graham Teresa and Tarling Michael
Seller's Agent
Julie Dowdle Rogers
@properties Christie's International Real Estate
Buyer's Agent
Patricia Skirving
Compass
List Price
$595,000
Sold Price
$490,000
Premium/Discount to List
-$105,000
-17.65%
Current Estimated Value
$1,003,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,667
Avg. Annual Appreciation
5.86%
Original Mortgage
$300,000
Outstanding Balance
$60,667
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$943,000

Purchase Details

Closed on
Nov 13, 2009
Sold by
Erker Margaret H and Erker Charles A
Bought by
Erker Charles A and Charles A Erker Ii Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Graham Teresa $490,000 None Available
Erker Charles A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Teresa $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Rented $3,800 -2.6% --
07/17/2020 07/17/20 Under Contract -- -- --
06/16/2020 06/16/20 Price Changed $3,900 -4.9% $2 / Sq Ft
03/25/2020 03/25/20 For Rent $4,100 +5.1% --
06/17/2019 06/17/19 Rented $3,900 -7.1% --
06/12/2019 06/12/19 Under Contract -- -- --
04/29/2019 04/29/19 For Rent $4,200 +10.5% --
06/01/2017 06/01/17 Rented $3,800 -2.6% --
05/21/2017 05/21/17 Off Market $3,900 -- --
05/15/2017 05/15/17 Price Changed $3,900 -7.1% $2 / Sq Ft
04/20/2017 04/20/17 For Rent $4,200 0.0% --
05/31/2013 05/31/13 Sold $490,000 -10.9% $263 / Sq Ft View Prior Sale
04/03/2013 04/03/13 Pending -- -- --
03/16/2013 03/16/13 Price Changed $549,900 -7.6% $295 / Sq Ft
02/06/2013 02/06/13 For Sale $595,000 +21.4% $319 / Sq Ft
02/06/2013 02/06/13 Off Market $490,000 -- --
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 $16,088 $104,000 $17,820 $86,180
2024 $16,088 $60,180 $21,780 $38,400
2023 $15,145 $69,393 $21,780 $47,613
2022 $15,145 $69,393 $21,780 $47,613
2021 $14,277 $55,013 $14,850 $40,163
2020 $14,050 $55,013 $14,850 $40,163
2019 $13,944 $59,797 $14,850 $44,947
2018 $12,226 $50,972 $12,870 $38,102
2017 $11,849 $50,972 $12,870 $38,102
2016 $12,697 $57,350 $12,870 $44,480
2015 $10,958 $44,537 $10,725 $33,812
2014 $10,722 $44,537 $10,725 $33,812
2013 $9,962 $46,011 $10,725 $35,286
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10676760

Midwest Real Estate Data (MRED)

APN: 05-21-315-007-0000