$400,000
SOLD APR 29, 2016

490 Jefferson Ave Glencoe, IL 60022

0.2 Acre
$2,000,000 Price per Acre
8,712 Sq Ft Lot

Recently Sold

$211 Per Sq Ft

25% Below List Price

66 Days on Market

Highlights

  • Property is near a bus stop
  • Hot Water Heating System
  • 3-minute walk to Vernon Playground
  • Central School Rated A

About This Lot

As of June 2021

Wonderful lot available in the heart of Glencoe for you to build the home of your own design! Minutes to train, town, Skokie Country Club, and the local schools. Not in the flood plain, all flat table land in a desirable location!

Last Agent to Sell the Property

Karen Arenson

Engel & Voelkers Chicago North Shore License #471000309 Listed on: 02/01/2016

Engel & Voelkers Chicago North Shore

Last Buyer's Agent

Craig Stone

Stone Realty Group License #471017895

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $29,536

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Hot Water Heating System

Additional Features

  • Basement Cellar
  • Property is near a bus stop

Property Details

Property Type

Land

Est. Annual Taxes

$29,536

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Utilities To Site: Electric to Site, Gas to Site, Sewer-Storm Available, Water-Community, Water to Site
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: Cellar
  • Land Description: Level
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Acreage: 0.2
  • Frontage Access: City Street
  • Front Footage: 49.97

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Heating Fuel: Hot Water/Steam, Radiators

Schools

  • School District: 203
  • Elementary School: SOUTH ELEMENTARY SCHOOL
  • Middle School: CENTRAL SCHOOL
  • High School: NEW TRIER TWP H.S. NORTHFIELD/WI
  • Junior High Dist: 35

Lot Info

  • Lot Dimensions: 49.97 X 182.72
  • Parcel Identification Number: 05074110080000

Building Info

  • Buildings On Land: Yes

Tax Info

  • Taxes: 13057.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 13, 2021
Sold by
Patinkin Joshua M and Patinkin Samantha R
Bought by
Thaler Jennifer
Seller's Agent
Marlene Rubenstein
Baird & Warner
Buyer's Agent
Jody Dickstein
@properties Christie's International Real Estate
Sold Price
$1,520,000
Current Estimated Value
$1,896,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,239
Avg. Annual Appreciation
5.57%
Original Mortgage
$1,216,000
Outstanding Balance
$1,112,854
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$783,385

Purchase Details

Closed on
May 17, 2019
Sold by
Hps Enterprises Llc
Bought by
Patinkin Joshua M and Patinkin Samantha R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,129,650
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 6, 2016
Closed on
Sep 20, 2016
Sold by
490 Jefferson Llc
Bought by
Hps Enterprises Llc
Seller's Agent
Craig Stone
Stone Realty Group
Buyer's Agent
Craig Stone
Stone Realty Group
List Price
$539,000
Sold Price
$425,000
Premium/Discount to List
-$114,000
-21.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.46%

Purchase Details

Listed on
Feb 1, 2016
Closed on
Jun 27, 2016
Sold by
Developmentinc Gli
Bought by
490 Jefferson Llc
Seller's Agent
Karen Arenson
Engel & Voelkers Chicago North Shore
Buyer's Agent
Craig Stone
Stone Realty Group
List Price
$535,000
Sold Price
$400,000
Premium/Discount to List
-$135,000
-25.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.82%

Purchase Details

Listed on
Feb 1, 2016
Closed on
Apr 29, 2016
Sold by
Young Robert H and Young Jean G
Bought by
Gli Devolopement Inc
Seller's Agent
Karen Arenson
Engel & Voelkers Chicago North Shore
Buyer's Agent
Craig Stone
Stone Realty Group
List Price
$535,000
Sold Price
$400,000
Premium/Discount to List
-$135,000
-25.23%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,520,000 Baird & Warner Ttl Svcs Inc
Warranty Deed $1,329,000 Chicago Title
Warranty Deed $425,000 Attorney
Warranty Deed -- None Available
Warranty Deed $400,000 Premier Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,216,000 New Conventional
Previous Owner $1,129,650 Adjustable Rate Mortgage/ARM
Previous Owner $124,500 Stand Alone Second
Previous Owner $99,500 Stand Alone Second
Previous Owner $72,000 Stand Alone Second
Previous Owner $35,000 Stand Alone Second
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $1,520,000 +3.1% $483 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
05/02/2021 05/02/21 For Sale -- -- --
04/28/2021 04/28/21 For Sale $1,475,000 +247.1% $468 / Sq Ft
09/20/2016 09/20/16 Sold $425,000 -5.3% $213 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
08/31/2016 08/31/16 Price Changed $449,000 -4.4% $225 / Sq Ft
08/23/2016 08/23/16 Price Changed $469,500 -4.1% $235 / Sq Ft
08/05/2016 08/05/16 Price Changed $489,500 +0.1% $245 / Sq Ft
07/26/2016 07/26/16 Price Changed $489,000 -3.9% $245 / Sq Ft
07/22/2016 07/22/16 Price Changed $509,000 -5.6% $255 / Sq Ft
07/06/2016 07/06/16 For Sale $539,000 +34.8% $270 / Sq Ft
04/29/2016 04/29/16 Sold $400,000 -25.2% $211 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $535,000 -- $282 / 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
2024 $29,536 $120,578 $22,750 $97,828
2023 $27,575 $120,578 $22,750 $97,828
2022 $27,575 $120,578 $22,750 $97,828
2021 $28,054 $97,852 $16,380 $81,472
2020 $27,236 $97,852 $16,380 $81,472
2019 $20,313 $82,139 $16,380 $65,759
2018 $4,861 $19,122 $14,560 $4,562
2017 $14,864 $60,187 $14,560 $45,627
2016 $12,964 $60,187 $14,560 $45,627
2015 $13,374 $53,685 $12,057 $41,628
2014 $13,057 $53,685 $12,057 $41,628
2013 $12,440 $53,685 $12,057 $41,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09129099

Midwest Real Estate Data (MRED)

APN: 05-07-411-008-0000