485 Elder Ln Winnetka, IL 60093
Estimated Value: $1,840,000 - $2,026,000
4
Beds
3
Baths
3,457
Sq Ft
$566/Sq Ft
Est. Value
About This Home
This home is located at 485 Elder Ln, Winnetka, IL 60093 and is currently estimated at $1,958,333, approximately $566 per square foot. 485 Elder Ln is a home located in Cook County with nearby schools including Greeley Elementary School, The Skokie School, and The Carleton W. Washburne School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 16, 2008
Sold by
Faulk Terry M
Bought by
Webb Lucien G and Webb Christina G
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$416,035
Interest Rate
6%
Mortgage Type
Unknown
Estimated Equity
$1,542,298
Purchase Details
Closed on
Jun 10, 1996
Sold by
Carroll Houseworks Inc
Bought by
Faulk Terry M and Faulk Mary D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7%
Purchase Details
Closed on
Aug 30, 1995
Sold by
Mcmorrow John P and Mcmorrow Doris S
Bought by
Carroll Houseworks Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
7.55%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Webb Lucien G | $1,288,000 | Chicago Title Insurance Co | |
| Faulk Terry M | $875,000 | -- | |
| Carroll Houseworks Inc | $330,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Webb Lucien G | $650,000 | |
| Previous Owner | Faulk Terry M | $300,000 | |
| Previous Owner | Carroll Houseworks Inc | $535,000 |
Source: Public Records
Tax History Compared to Growth
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 | $27,154 | $181,000 | $26,730 | $154,270 |
| 2024 | $27,154 | $120,443 | $32,670 | $87,773 |
| 2023 | $25,541 | $120,443 | $32,670 | $87,773 |
| 2022 | $25,541 | $120,443 | $32,670 | $87,773 |
| 2021 | $27,435 | $109,043 | $22,275 | $86,768 |
| 2020 | $27,056 | $109,043 | $22,275 | $86,768 |
| 2019 | $26,839 | $118,525 | $22,275 | $96,250 |
| 2018 | $25,233 | $108,634 | $19,305 | $89,329 |
| 2017 | $25,570 | $113,376 | $19,305 | $94,071 |
| 2016 | $26,371 | $121,608 | $19,305 | $102,303 |
| 2015 | $23,487 | $98,087 | $16,087 | $82,000 |
| 2014 | $22,996 | $98,087 | $16,087 | $82,000 |
| 2013 | $24,086 | $107,520 | $16,087 | $91,433 |
Source: Public Records
Map
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