NOT LISTED FOR SALE

491 Monroe Ave Glencoe, IL 60022

Estimated Value: $1,482,000 - $1,813,000

4 Beds
4 Baths
4,368 Sq Ft
$365/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $1,000,000 $229 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $9,465/month

16 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Whirlpool Bathtub
  • Attached Garage
  • Central School Rated A
  • Formal Dining Room
  • 3-minute walk to Watts Park

About This Home

As of January 2022

Spacious Contemporary Style Home in the Heart of Glencoe! Are you outgrowing your current home & want room for family to spread out & friends to get together? Do you want space for a game room or exercise area? Do you want to relax in your own Primary Suite oasis? Then this is the house for you! This 4 bedroom home has a great flow & plenty of space for entertaining all of your friends & family. The light-filled main level offers an updated eat-in kitchen, spacious living room with high ceilings, fireplace, beautiful windows & dining room. The family room in the lower level opens to the resort-like backyard with pool, built-in grill & grassy area ready for a playset or to play fetch! Head back inside & downstairs to the rec room to play ping pong, video games or for a work out. The top floor Primary Suite oasis has a treetop view & deck, fireplace, 2 walk-in closets and a spa-like primary bath with a double sink vanity, tub & steam shower. The 3 add'l bedrooms are well-sized. Walking distance to downtown Glencoe & Hubbard Woods, shopping, restaurants, train, schools & parks. Don't miss this great opportunity to enjoy next summer at your own resort & all of the seasons in this spacious home!

Last Agent to Sell the Property

Rene Firmin

@properties Christie's International Real Estate License #475137259 Listed on: 11/19/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Year Built

  • 1957

Lot Details

  • 4,356

Parking

  • Attached Garage
  • Driveway
  • Parking Space is Owned

Interior Spaces

  • Multi-Level Property
  • Living Room with Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Partially Finished Basement

  • Sub-Basement
  • Recreation or Family Area in Basement
  • Basement Storage

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: Multi-Level
  • Property Sub Type: Multi-Level
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Vernon Avenue to Monroe, West on Monroe to home
  • Lot Size: 63 X 183
  • New Construction: No
  • Ownership: Fee Simple
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1957

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: Partial
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished,Sub-Basement,Rec/Family Area,Storage Space
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room,Master Bedroom
  • Total Sq Ft: 0
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Interior Amenities: Skylight(s), Hardwood Floors, Walk-In Closet(s)
  • Dining Room Type: Recreation Room, Foyer, Walk In Closet, Balcony/Porch/Lanai

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck, Patio, In Ground Pool, Outdoor Grill
  • Exterior Building Type: Brick,Stucco
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air, Gas
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer, Sewer-Storm
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School #2: West School
  • Junior High Dist: 203
  • Middle Or Junior School: Central School

Lot Info

  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Additional Parcels: Yes

Rental Info

  • Board Number: 2

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 26224.84
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Feb 1, 2022
Sold by
Kolton Kevin L and Kolton Darlene I
Bought by
Carlitz Philip Lane and Carlitz Miriam Dresner
Seller's Agent
Rene Firmin
@properties Christie's International Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$1,049,000
Sold Price
$1,000,000
Premium/Discount to List
-$49,000
-4.67%
Current Estimated Value
$1,636,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$636,230
Avg. Annual Appreciation
12.52%

Purchase Details

Listed on
Nov 19, 2021
Closed on
Jan 26, 2022
Sold by
Kolton Kevin L and Kolton Darlene I
Bought by
Carlitz Philip Lane and Carlitz Miriam Dresner
Seller's Agent
Rene Firmin
@properties Christie's International Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$1,049,000
Sold Price
$1,000,000
Premium/Discount to List
-$49,000
-4.67%

Purchase Details

Closed on
Feb 28, 2002
Sold by
Indeck Albert W
Bought by
Kolton Kevin L and Kolton Darlene I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
6.92%
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
Carlitz Philip Lane -- --
Carlitz Philip Lane -- --
Carlitz Philip Lane -- --
Kolton Kevin L $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kolton Kevin L $512,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2022 01/27/22 Sold $1,000,000 -4.7% $229 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $1,049,000 -- $240 / 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 $10,910 $69,428 $12,230 $57,198
2024 $10,910 $44,538 $10,920 $33,618
2023 $13,541 $60,920 $10,920 $50,000
2022 $13,541 $60,920 $10,920 $50,000
2021 $12,346 $44,728 $7,862 $36,866
2020 $12,018 $44,728 $7,862 $36,866
2019 $11,599 $48,618 $7,862 $40,756
2018 $12,319 $50,177 $6,988 $43,189
2017 $11,975 $50,177 $6,988 $43,189
2016 $11,875 $52,460 $6,988 $45,472
2015 $10,937 $43,068 $5,787 $37,281
2014 $10,673 $43,068 $5,787 $37,281
2013 $10,174 $43,068 $5,787 $37,281
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11273885

Midwest Real Estate Data (MRED)

APN: 05-07-416-025-0000