NOT LISTED FOR SALE

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
$2,083,258

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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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
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

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 $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

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