NOT LISTED FOR SALE

50 Locust Rd Winnetka, IL 60093

Estimated Value: $2,784,000 - $3,454,191

6 Beds
6 Baths
6,246 Sq Ft
$497/Sq Ft Est. Value

Last Sold May 24, 2012

Last sale price $1,400,000 $224 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $20,603/month

3 Days on Market

Highlights

  • Landscaped Professionally
  • Formal Dining Room
  • Circular Driveway
  • Marie Murphy School Rated A
  • Double Oven
  • Central Air

About This Home

As of May 2012

Located on an exclusive lane, this incredible 16 Rm, 6 Brm, 4.2Ba New Eng Colonial enjoys over 1 acre of lush, private property. Gorgeous first floor, entertainment sized rooms, 5 fireplaces, etched glass doorways, paneled library, 2nd fl laundry, beadboard 56 ft 3rd fl, 3 car attached garage. 3 stone patios, outdoor pool. Truly a one-of-a-kind home in an unbelievable, private setting! Add your special touch!

Last Agent to Sell the Property

Patricia Skirving

Compass License #475123987 Listed on: 03/12/2012

Compass

Last Buyer's Agent

Virginia Grinstead

@properties Christie's International Real Estate License #475099942

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $36,491

Year Built

  • 1924

Lot Details

  • 1.01

HOA Fees

  • $125 per month

Parking

  • Garage
  • Garage Transmitter
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Brick Foundation
  • Wood Shingle Roof
  • Aluminum Siding

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • Avoca West Elementary School
  • New Trier Twp High School Northfield/Wi

Utilities

  • Central Air
  • SpacePak Central Air
  • Lake Michigan Water

Additional Features

  • Formal Dining Room
  • Landscaped Professionally

Property Details

Home Type

Other

Est. Annual Taxes

$36,491

Year Built

1924

Lot Details

0

HOA Fees

$125 per month

Parking

3

Interior Features

  • Total # Of Rooms: 14
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, Ceiling Fan
  • Fireplace Type/Details: Wood Burning, Gas Logs
  • Fireplaces: 5
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 20X20
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 15X16
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 12X15
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 13X19
  • Fourth Bedroom Flooring: Carpet
  • Bathroom Amenities: Separate Shower, Double Sink
  • Living Room Level: Main Level
  • Living Room Size: 20X33
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 20X23
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 12X16
  • Family Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Pantry-Butler
  • Kitchen Level: Main Level
  • Kitchen Size: 12X24
  • Kitchen Flooring: Ceramic/Porcelain Tile

Exterior Features

  • Foundation: Brick
  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Wood Shakes/Shingles

Garage/Parking

  • Number of Cars: 3
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s), Transmitter(s)
  • Driveway: Circular

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air, Space Pac
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air, Hot Water/Steam

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment/Association Fees: 1500

Schools

  • Elementary School: Avoca West Elementary School
  • High School: New Trier Twp H.S. Northfield/wi
  • Junior High Dist: 37
  • Junior High: Marie Murphy School

Lot Info

  • Lot Dimensions: 169X220
  • Lot Description: Landscaped Professionally

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2016
Sold by
Wright Courtney D and Wright Laurence S
Bought by
The Laurence S Wright Revocable Trust
Total Days on Market
3
Current Estimated Value
$3,106,397

Purchase Details

Listed on
Mar 12, 2012
Closed on
May 24, 2012
Sold by
Floersch Alice B and Floersch William C
Bought by
Wright Laurence S and Wright Courtney D
Seller's Agent
Patricia Skirving
Compass
Buyer's Agent
Virginia Grinstead
@properties Christie's International Real Estate
List Price
$1,800,000
Sold Price
$1,400,000
Premium/Discount to List
-$400,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%

Purchase Details

Closed on
Aug 8, 2003
Sold by
Chicago Title Land Trust Co
Bought by
Floersch Alice B and Floersch William C
Source: Public Records

Range of Values:

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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
The Laurence S Wright Revocable Trust -- None Available
Wright Laurence S $1,400,000 First American Title Ins Co
Floersch Alice B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Laurence Sedgwick $2,100,000
Closed Wright Laurence S $500,000
Previous Owner Floersch Alice B $980,000
Previous Owner Floersch Alice B $700,000
Previous Owner Floersch William C $1,000,000
Previous Owner Floersch Alice B $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2012 05/24/12 Sold $1,400,000 -22.2% $224 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $1,800,000 -- $288 / 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 $36,491 $196,939 $61,776 $135,163
2023 $36,491 $214,429 $61,776 $152,653
2022 $36,491 $214,429 $61,776 $152,653
2021 $36,592 $187,442 $75,014 $112,428
2020 $35,735 $187,442 $75,014 $112,428
2019 $38,657 $227,399 $75,014 $152,385
2018 $33,787 $190,194 $61,776 $128,418
2017 $34,483 $198,532 $61,776 $136,756
2016 $32,724 $198,532 $61,776 $136,756
2015 $25,390 $140,000 $50,744 $89,256
2014 $24,881 $140,000 $50,744 $89,256
2013 $23,653 $140,000 $50,744 $89,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08015977

Midwest Real Estate Data (MRED)

APN: 05-29-103-052-0000