NOT LISTED FOR SALE

501 Lake Ave Wilmette, IL 60091

Estimated Value: $1,754,761 - $1,913,000

6 Beds
6 Baths
3,530 Sq Ft
$519/Sq Ft Est. Value

Last Sold October 09, 2014

Last sale price $1,495,000 $424 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $12,213/month

Highlights

  • Georgian Architecture
  • Sun or Florida Room
  • Fenced Yard
  • Central Elementary School Rated A
  • Corner Lot
  • Detached Garage

About This Home

As of October 2014

SOLD BEFORE PROCESSING

Last Agent to Sell the Property

Julie Deutsch

@properties Christie's International Real Estate License #475083935 Listed on: 09/11/2014

@properties Christie's International Real Estate

Last Buyer's Agent

Paula Weiss

Coldwell Banker Residential

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,854

Year Built

  • 1927

Lot Details

  • Fenced Yard
  • Corner Lot

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Slate Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Fireplace With Gas Starter
  • Sun or Florida Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,854

Year Built

1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 81-90 Years
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 5.1
  • Style Of House: Georgian
  • Type Detached: 3 Stories
  • Estimated Year Built: 1927
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1927

Interior Features

  • Number Of Rooms: 10
  • Living Room: Dimensions: 27X17, On Level: Main Level
  • Appliances: Dishwasher, Disposal
  • Fireplace Details: Gas Starter
  • Fireplace Location: Basement
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 6
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 6
  • Dining Room: Dimensions: 17X17, On Level: Main Level
  • Kitchen Type: Dimensions: 23X20, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: 5th Bedroom, 6th Bedroom, Sun/Florida Room
  • Master Bedroom: Dimensions: 23X14, On Level: 2nd Level
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 16X13, On Level: 3rd Level
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 14X10, On Level: 3rd Level
  • Bedroom 2: Dimensions: 15X12, On Level: 2nd Level
  • Additional Room 3 Name: Sunroom, Dimensions: 15X10, On Level: Main Level
  • Bedroom 3: Dimensions: 15X14, On Level: 2nd Level
  • Bedroom 4: Dimensions: 15X12, On Level: 2nd Level
  • Dining Room Type: Separate
  • Family Room: Dimensions: 16X10, On Level: Main Level

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Slate

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Schools

  • School District: 203
  • Junior High Dist: 39

Lot Info

  • Lot Dimensions: 71 X 59
  • Lot Description: Corner, Fenced Yard
  • Parcel Identification Number: 05342040050000

Tax Info

  • Taxes: 21756

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2014
Closed on
Oct 9, 2014
Sold by
Newmark Gregg S and Newmark Jodi A
Bought by
Cavin Kevin B and Cavin Stacy S
Seller's Agent
Julie Deutsch
@properties Christie's International Real Estate
Buyer's Agent
Paula Weiss
Coldwell Banker Residential
List Price
$1,495,000
Sold Price
$1,495,000
Current Estimated Value
$1,830,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,587
Avg. Annual Appreciation
1.87%
Original Mortgage
$1,196,000
Interest Rate
3.91%
Mortgage Type
New Conventional
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
Cavin Kevin B $1,495,000 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavin Kevin B $1,172,000
Previous Owner Cavin Kevin B $1,196,000
Previous Owner Newmark Gregg S $417,000
Previous Owner Newmark Gregg S $199,000
Previous Owner Newmark Gregg S $322,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2014 10/09/14 Sold $1,495,000 0.0% $424 / Sq Ft
09/11/2014 09/11/14 Pending -- -- --
09/11/2014 09/11/14 For Sale $1,495,000 -- $424 / 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 $26,854 $121,660 $31,045 $90,615
2023 $25,395 $121,660 $31,045 $90,615
2022 $25,395 $121,660 $31,045 $90,615
2021 $27,214 $104,754 $24,835 $79,919
2020 $27,591 $107,967 $24,835 $83,132
2019 $28,478 $124,840 $24,835 $100,005
2018 $23,268 $97,803 $21,449 $76,354
2017 $24,821 $107,299 $21,449 $85,850
2016 $26,645 $122,584 $21,449 $101,135
2015 $23,791 $95,834 $17,780 $78,054
2014 $22,784 $95,834 $17,780 $78,054
2013 $21,745 $95,834 $17,780 $78,054
Source: Public Records

Agents Affiliated with this Home

  • Julie Deutsch

    Seller's Agent in 2014

    Julie Deutsch

    @ Properties

    (847) 217-1277

    6 Total Sales

    Section Image

  • P

    Buyer's Agent in 2014

    Paula Weiss

    Coldwell Banker Residential

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08725509

Midwest Real Estate Data (MRED)

APN: 05-34-204-005-0000

Illinois Cook County Wilmette 60091

501 Lake Ave, Wilmette, IL

This home is located at 501 Lake Ave, Wilmette, IL 60091 since 11 September 2014 and is currently estimated at $1,830,587, approximately $518 per square foot. This property was built in 1927. 501 Lake Ave is a home located in Cook County with nearby schools including Central Elementary School, Highcrest Middle School, and Wilmette Junior High School.

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