NOT LISTED FOR SALE

502 Monroe Ave Glencoe, IL 60022

Estimated Value: $1,755,000 - $2,040,000

4 Beds
4 Baths
3,223 Sq Ft
$579/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $1,205,000 $374 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $12,392/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Attached Garage
  • Central School Rated A
  • Mud Room
  • 4-minute walk to Watts Park

About This Home

As of August 2015

Stately center entry colonial in prime location. Architecturally interesting, superb condition and tasteful decor distinquish this home. New, white gourmet Kitchen with large eating area with wonderful built-ins opens to brick/bluestone patio and fabulous yard. Second level with nice master with full bath & 3 additional bdrms and 2 full baths. Walk up to 3rd floor attic with lots of potential. Attached garage.

Last Agent to Sell the Property

Christina Fawcett

@properties Christie's International Real Estate License #475124223 Listed on: 05/23/2015

@properties Christie's International Real Estate

Last Buyer's Agent

Sara Brahm

@properties Christie's International Real Estate License #475127091

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,610

Year Built

  • 1936

Lot Details

  • 0.3

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Mud Room
  • Entrance Foyer
  • Dining Area
  • Workroom
  • Recreation Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • Property is near a bus stop

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,610

Year Built

1936

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Age: 71-80 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1936
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1936

Interior Features

  • Number Of Rooms: 10
  • Living Room: Dimensions: 15X26, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal
  • Attic: Interior Stair, Unfinished
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X15, On Level: Basement
  • Dining Room: Dimensions: 14X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Island
  • Additional Rooms: Eating Area, Foyer, Mud Room, Recreation Room, Workroom
  • Master Bedroom: Dimensions: 15X17, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Eating Area, Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Recreation Rm, Dimensions: 18X26, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Foyer, Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: Mud, Dimensions: 5X13, On Level: Main Level
  • Bedroom 4: Dimensions: 9X17, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 5 Name: Work Rm, Dimensions: 10X16, On Level: Basement
  • Estimated Sq Ft: 3223
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Slate
  • Exterior Property Features: Patio

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 203
  • Elementary School: SOUTH ELEMENTARY SCHOOL
  • Middle School: CENTRAL SCHOOL
  • High School: NEW TRIER TWP H.S. NORTHFIELD/WI
  • Junior High Dist: 35

Lot Info

  • Lot Dimensions: 72 X 183
  • Parcel Identification Number: 05074200280000

Tax Info

  • Taxes: 22543

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2015
Closed on
Jul 15, 2015
Sold by
Dancer Mark F and Dancer Sally B
Bought by
Gordon Robert and Gordon Alexandra
Seller's Agent
Christina Fawcett
@properties Christie's International Real Estate
Buyer's Agent
Sara Brahm
@properties Christie's International Real Estate
List Price
$1,249,000
Sold Price
$1,205,000
Premium/Discount to List
-$44,000
-3.52%
Current Estimated Value
$1,867,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,204
Avg. Annual Appreciation
4.15%
Original Mortgage
$500,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1999
Sold by
Mcdonald Bruce A and Mcdonald Pamela S
Bought by
Dancer Mark F and Dancer Sally B

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
7.28%
Source: Public Records

Range of Values:

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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
Gordon Robert $1,205,000 Ct
Dancer Mark F $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gordon Robert $500,000
Previous Owner Dancer Mark F $578,000
Previous Owner Dancer Mark F $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2015 08/07/15 Sold $1,205,000 -3.5% $374 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
05/23/2015 05/23/15 For Sale $1,249,000 -- $388 / 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 $26,610 $111,949 $32,760 $79,189
2023 $25,888 $116,619 $32,760 $83,859
2022 $25,888 $116,619 $32,760 $83,859
2021 $25,322 $91,655 $23,587 $68,068
2020 $24,648 $91,655 $23,587 $68,068
2019 $25,956 $108,384 $23,587 $84,797
2018 $26,009 $102,315 $20,966 $81,349
2017 $25,269 $102,315 $20,966 $81,349
2016 $23,725 $102,315 $20,966 $81,349
2015 $24,232 $92,521 $17,362 $75,159
2014 $23,634 $92,521 $17,362 $75,159
2013 $22,544 $92,521 $17,362 $75,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08931576

Midwest Real Estate Data (MRED)

APN: 05-07-420-028-0000