NOT LISTED FOR SALE

501 Monroe Ave Glencoe, IL 60022

Glencoe Area

Estimated Value: $2,064,201

5 Beds
6 Baths
3,004 Sq Ft
$687/Sq Ft Est. Value

Sale Details

Date Sold: July 29, 2016

Last sale price $1,545,000 $514 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $13,323 / mo

2 Days on Market

Highlights

  • Heated Floors
  • Landscaped Professionally
  • Whirlpool Bathtub
  • Colonial Architecture
  • Recreation Room
  • Breakfast Room

About This Home

As of July 2016

This gorgeous classic red brick center entry Colonial has been renovated to perfection. Living room and dining room feature wood burning and gas fireplaces. Wide plank floors throughout the first floor. Gourmet kitchen with top-of-the-line appliances including Le Cornue 5 burner range. Family room with beamed ceilings and built-ins adjacent to kitchen and breakfast room. Deluxe master bath with soaking tub, shower and heated floors. Three family bedrooms and two baths on the second floor. Fifth bedroom/office with new bath at top of back stairs. One of the two linen closets could be second floor laundry. Rec Room, laundry, bathroom and storage are located on the lower level. Beautiful Herringbone brick patio with Pergola. Deep lushly landscaped back yard. Just move right in and enjoy!

Last Agent to Sell the Property

Jean Wright

Compass License #471000106 Listed on: 05/16/2016

Co-Listed By

Eugenie Cooper

Compass License #471003402

Last Buyer's Agent

Julie Hockenberg

@properties Christie's International Real Estate License #475167004

@properties Christie's International Real Estate
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Home Details

Home Type

  • Single Family

Year Built

  • 1940

Lot Details

  • Southern Exposure
  • Dog Run
  • Landscaped Professionally

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Wet Bar
  • Bar Fridge
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Breakfast Room
  • Recreation Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Brick Porch or Patio
  • Property is near bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1940

Lot Details

0.32 Acres

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Age: 71-80 Years
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 5.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1940
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Interior Property Features: Skylight(s), Bar-Wet, Hardwood Floors, Heated Floors
  • Number Of Rooms: 11
  • Living Room: Dimensions: 21X15, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Wood Burning, Gas Logs, Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 14X13, On Level: Basement
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 17X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island
  • Additional Rooms: 5th Bedroom, Breakfast Room, Recreation Room
  • Master Bedroom: Dimensions: 16X16, On Level: 2nd Level, Flooring: Carpet, Windows: Plantation Shutters
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 14X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 2 Name: Breakfast Rm, Dimensions: 20X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 15X13, On Level: 2nd Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Additional Room 3 Name: Recreation Rm, Dimensions: 22X15, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 17X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Bedroom 4: Dimensions: 15X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Dining Room Type: Separate
  • Family Room: Dimensions: 23X16, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Dog Run, Brick Paver Patio
  • Exposure: N (North), S (South)
  • Acreage: 0.32

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Radiant, Zoned

Schools

  • Junior High Dist: 35
  • Elementary School #2: WEST SCHOOL

Lot Info

  • Lot Dimensions: 78X183
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 05074160330000

Tax Info

  • Taxes: 21910

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2016
Closed on
Jul 22, 2016
Sold by
Bought by
Seller's Agent
Jean Wright
Compass
Buyer's Agent
Julie Hockenberg
@properties Christie's International Real Estate
List Price
$1,575,000
Sold Price
$1,545,000
Premium/Discount to List
-$30,000
-1.9%
Current Estimated Value
$2,064,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,201
Avg. Annual Appreciation
2.93%
Original Mortgage
$900,000
Outstanding Balance
$682,913
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,381,288

Purchase Details

Closed on
Apr 15, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 17, 2008
Sold by
Bought by

Purchase Details

Closed on
Dec 3, 2007
Sold by
Bought by

Purchase Details

Closed on
Dec 5, 2006
Sold by
Bought by

Purchase Details

Closed on
Nov 6, 2006
Sold by
Bought by

Purchase Details

Closed on
Nov 29, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,000
Interest Rate
4.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 28, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.12%

Purchase Details

Closed on
Oct 8, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Glencoe, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,545,000 Chicago Title
$925,000 Chicago Title Insurance Co
-- None Available
-- None Available
-- None Available
-- None Available
$1,028,000 Stewart Title Guaranty Co
$800,000 Ticor Title
-- Ticor Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $900,000
Closed $740,000
Closed $822,000
Closed $600,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $1,545,000 -1.9% $514 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $1,575,000 -- $524 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $28,431 $155,805 $39,749 $116,056
2024 $28,431 $119,382 $35,490 $83,892
2023 $28,140 $126,470 $35,490 $90,980
2022 $28,140 $126,470 $35,490 $90,980
2021 $29,919 $107,686 $25,552 $82,134
2020 $29,110 $107,686 $25,552 $82,134
2019 $32,540 $135,008 $25,552 $109,456
2018 $23,947 $97,639 $22,713 $74,926
2017 $26,094 $105,655 $22,713 $82,942
2016 $27,263 $117,572 $22,713 $94,859
2015 $22,465 $85,774 $18,809 $66,965
2014 $21,910 $85,774 $18,809 $66,965
2013 $20,900 $85,774 $18,809 $66,965
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09227138

Midwest Real Estate Data (MRED)

APN: 05-07-416-033-0000

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