NOT LISTED FOR SALE

500 Elmwood Ave Wilmette, IL 60091

Estimated Value: $3,023,860 - $4,731,000

6 Beds
6 Baths
5,190 Sq Ft
$734/Sq Ft Est. Value

Last Sold February 13, 2018

Last sale price $3,850,000 $742 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $27,888/month

289 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Landscaped Professionally
  • Central Elementary School Rated A
  • Heated Floors
  • French Provincial Architecture

About This Home

As of February 2018

Prestigiously situated on the best corner lot in Wilmette's ultimate beachfront neighborhood, this Benjamin Marshall masterpiece is one of a kind. With sweeping lake view & breezes, this 18 room luxury estate set on tells a story rich in history, grand in room sizes & timeless in finishes. Exquisite architectural details: soaring ceilings, restored plaster moldings, intricately cased millwork, sensational double atrium living rm. With 6 bedroom & 4.2 baths, Morgante Wilson restored this home w/ DeGiulio kitchen, breakfast room, great room that is unmatched in design, 2nd floor expansion & dug out lower level, 6th bed & exercise rm. AMAZING newly restored coach house w/white marble kitchen, bath & office. Only steps from the most coveted, exclusive sandy beach in the North Shore. An exquisite blend of the old and new: a home unique to those that appreciate the finest architecture & want a location that is second to none amongst all the incredible new beach homes going up! Very special

Last Listed By

Jena Radnay

@properties Christie's International Real Estate License #475141392 Listed on: 01/29/2017

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $78,608

Year Built

  • 1926

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Fenced Yard
  • Landscaped Professionally
  • Corner Lot

Parking

  • Attached Garage
  • Heated Garage
  • Driveway
  • Garage Is Owned

Home Design

  • French Provincial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Sitting Room
  • Breakfast Room
  • Library
  • Recreation Room
  • Game Room
  • Sun or Florida Room
  • Water Views
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

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

Eco-Friendly Details

  • North or South Exposure

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Outdoor Grill

Utilities

  • Central Air
  • SpacePak Central Air
  • Radiator
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$78,608

Year Built

1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 91-100 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.2
  • Style Of House: French Provincial
  • Type Detached: 3 Stories
  • Estimated Year Built: 1926
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Heated Floors, In-Law Arrangement
  • Number Of Rooms: 15
  • Living Room: Dimensions: 30X18, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Central Vacuum, TV-Cable, Security System, CO Detectors, Ceiling Fan, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;
  • Fireplace Details: Wood Burning
  • Attic: Full
  • Fireplace Location: Family Room, Living Room, Master Bedroom
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 6
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 11X10, On Level: Basement, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 24X16, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 17X13, On Level: Main Level, Flooring: Stone
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Butler, Pantry-Walk-in
  • Additional Rooms: 5th Bedroom, 6th Bedroom, Breakfast Room, Game Room, Library, Recreation Room, Sitting Room, Sun/Florida Room
  • Master Bedroom: Dimensions: 23X16, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X11, On Level: 3rd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 15X10, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 24X14, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 3 Name: Sunroom, Dimensions: 18X11, On Level: Main Level, Flooring: Stone
  • Bedroom 3: Dimensions: 18X13, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 4 Name: Breakfast Rm, Dimensions: 17X13, On Level: Main Level, Flooring: Stone
  • Bedroom 4: Dimensions: 22X15, On Level: 3rd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 5 Name: Library, Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 6 Name: Recreation Rm, Dimensions: 22X13, On Level: Main Level
  • Additional Room 7 Name: Game Rm, Dimensions: 28X16, On Level: Basement, Flooring: Carpet
  • Additional Room 8 Name: Sitting, Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Dining Room Type: Separate
  • Family Room: Dimensions: 23X20, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick
  • Roof Type: Tile
  • Exterior Property Features: Balcony, Hot Tub, Pool In-Ground, Storms/Screens, Outdoor Grill
  • Exposure: N (North), S (South), E (East), W (West)

Garage/Parking

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

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Space Pac
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Radiators

Schools

  • School District: 203
  • Elementary School: CENTRAL ELEMENTARY SCHOOL
  • High School: NEW TRIER TWP H.S. NORTHFIELD/WI
  • Junior High Dist: 39

Lot Info

  • Lot Dimensions: 175X150
  • Lot Description: Corner, Fenced Yard, Landscaped Professionally, Water View
  • Parcel Identification Number: 05274080120000

Tax Info

  • Taxes: 45685.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2017
Closed on
Feb 6, 2018
Sold by
Sirazi Lilya S
Bought by
Chicago Title Land Trust Company and Trust Number 8002376871
Seller's Agent
Jena Radnay
@properties Christie's International Real Estate
Buyer's Agent
Cathy Deutsch
@properties Christie's International Real Estate
List Price
$4,399,900
Sold Price
$3,850,000
Premium/Discount to List
-$549,900
-12.5%
Total Days on Market
289
Current Estimated Value
$3,811,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,035
Avg. Annual Appreciation
-0.37%
Original Mortgage
$2,695,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 25, 1999
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Sirazi Lilya S and Lilya S Sirazi Revocable Trust

Purchase Details

Closed on
Nov 3, 1997
Sold by
Edelmann Bonna L
Bought by
American National Bk & Tr Co Of Chicago and Trust #600325-05

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.5%
Mortgage Type
Balloon

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in the area

  • 611 Elmwood Ave, Wilmette, IL 60091

    $3,295,000

    • 5 Beds
    • 6 Baths
    • 8,237 Sq Ft
    • 611 Elmwood Ave
    • Wilmette, IL

    Welcome to this exquisite blend of history and contemporary living! Nestled on an oversized 75x196 lot, this original 1900s farmhouse has been thoughtfully expanded and meticulously renovated. It boasts 8,237 sq ft of beautifully maintained living space, 5 bedrooms, and 4.2 bathrooms. Step through the Grand Sapele front door to discover stunning details such as original quartersawn Oak flooring,

    Laura Fitzpatrick @properties Christie's International Real Estate

    Section Image
  • 730 Lake Ave, Wilmette, IL 60091

    $3,295,000

    • 6 Beds
    • 7 Baths
    • 6,352 Sq Ft
    • 730 Lake Ave
    • Wilmette, IL

    This iconic residence has been beautifully renovated and thoughtfully expanded to meet the demands of today's luxury lifestyle and is situated on an expansive ~half-acre lot along one of East Wilmette's most prestigious red brick streets. Behind a stately iron fence, a charming wraparound front porch invites you into a home where every detail has been meticulously curated. Originally renovated

    Jamie Roth Engel & Voelkers Chicago North Shore

    Section Image
  • 706 Washington Ave, Wilmette, IL 60091

    $3,050,000

    • 4 Beds
    • 6 Baths
    • 706 Washington Ave
    • Wilmette, IL

    BRAND NEW CONSTRUCTION single family home coming soon to an amazing part of Wilmette. This home features 6 bedrooms (4 upstairs), 4 bathrooms, and 2 half-baths. Through the center entry and in front of the home you'll find a designated office space/study on the first level, a massive living and separate dining room, full butler's pantry with walk-in closet, and this leads to the dreamy kitchen

    Konrad Dabrowski Fulton Grace Realty

    Section Image
  • 1302 Chestnut Ave, Wilmette, IL 60091

    $3,650,000

    • 6 Beds
    • 5 Baths
    • 6,237 Sq Ft
    • 1302 Chestnut Ave
    • Wilmette, IL

    A SPECIAL, SINGULAR OPPORTUNITY to own a one-of-a-kind 6-bedroom home and one *ONE ACRE on prestigious Chestnut Avenue in the Kenilworth School District! A Mediterranean Villa feel with peace and privacy - the lush and expansive grounds are unique to this area - Great Gatsbyesque. Built like a fortress - the fire-proof, stucco over arch-tile commercial construction yields energy-efficient 16"

    Megan Mawicke @properties Christie's International Real Estate

    Section Image
  • 338 Woodstock Ave, Kenilworth, IL 60043

    $2,975,000

    • 6 Beds
    • 6.5 Baths
    • 6,500 Sq Ft
    • 338 Woodstock Ave
    • Kenilworth, IL

    This 6BR/6.5 BA in Prime East Kenilworth is a rare gem for the discerning buyer. This home is restored and upgraded with the highest quality systems and fixtures. Enormous LOWER LEVEL with HEATED FLOORS, THEATER ROOM, FULL BATHROOM, Open Rec Room, Office, Gym and Laundry. Low voltage system throughout. FIRST FLOOR: ATTACHED 3-CAR GARAGE, Custom Mudroom, exquisite solid hardwood kitchen cabinetry,

    Paul Harb Wilmette Real Estate & Management Company LLC

    Section Image
  • 1151 Seneca Rd, Wilmette, IL 60091

    $3,930,000

    • 5 Beds
    • 6.5 Baths
    • 7,400 Sq Ft
    • 1151 Seneca Rd
    • Wilmette, IL

    Just starting, new construction, located in one of Indian Hill Estates' truly, most beautiful locations, on a gorgeous, oversized lot. Now is the time to customize and make this house your own. This house offers generously sized rooms, along with upscale design, 10' high ceilings on first floor and 9' high on second floor. Some enticing features include: South facing Chef's kitchen with 3 sets

    Diane Wilson Baird & Warner

    Section Image
  • 1025 Mohawk Rd, Wilmette, IL 60091

    $3,400,000

    • 5 Beds
    • 6.5 Baths
    • 8,506 Sq Ft
    • 1025 Mohawk Rd
    • Wilmette, IL

    Stunning newer construction beauty in sought-after Indian Hill Estates. Situated on over a 1/2 acre of land, this Morgante Wilson designed custom home does not disappoint! So many special details throughout combined with numerous updates truly make this a forever home. The grand wrap-around front porch is sure to be a favorite spot for relaxing and entertaining. The main floor offers generous

    Megan Gemp @properties Christie's International Real Estate

    Section Image

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
Chicago Title Land Trust Company $3,850,000 Proper Title Llc
Sirazi Lilya S -- --
American National Bk & Tr Co Of Chicago $1,366,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chicago Title Land Trust Company $2,627,980
Closed Chicago Title Land Trust Company $2,695,000
Previous Owner Sirazi Lilya S $814,000
Previous Owner Sirazi Lilya S $828,000
Previous Owner Sirazi Lilya S $864,000
Previous Owner Sirazi Lily S $1,387,200
Previous Owner Sirazi Lilya S $1,400,000
Previous Owner American National Bk & Tr Co Of Chicago $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2018 02/13/18 Sold $3,850,000 0.0% $742 / Sq Ft
11/14/2017 11/14/17 Pending -- -- --
09/05/2017 09/05/17 Off Market $3,850,000 -- --
03/23/2017 03/23/17 Price Changed $3,999,000 -9.1% $771 / Sq Ft
01/29/2017 01/29/17 For Sale $4,399,900 -- $848 / 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 $78,608 $303,579 $41,250 $262,329
2023 $78,608 $366,000 $41,250 $324,750
2022 $78,608 $366,000 $41,250 $324,750
2021 $58,065 $223,505 $36,000 $187,505
2020 $57,117 $223,505 $36,000 $187,505
2019 $56,103 $245,939 $36,000 $209,939
2018 $44,429 $190,185 $30,000 $160,185
2017 $43,214 $190,185 $30,000 $160,185
2016 $40,796 $190,185 $30,000 $160,185
2015 $33,128 $136,067 $24,750 $111,317
2014 $32,613 $136,067 $24,750 $111,317
2013 $48,990 $212,611 $24,750 $187,861
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09488563

Midwest Real Estate Data (MRED)

APN: 05-27-408-012-0000