NOT LISTED FOR SALE

502 Willow Rd Winnetka, IL 60093

Estimated Value: $2,804,138 - $3,061,000

4 Beds
6.5 Baths
3,768 Sq Ft
$773/Sq Ft Est. Value

Last Sold October 15, 2024

Last sale price $3,010,000 $799 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $18,376/month

2 Days on Market

Highlights

  • Second Garage
  • Landscaped Professionally
  • Recreation Room
  • Greeley Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Double Shower

About This Home

As of October 2024

Exquisite East Winnetka Beauty, picture-perfect inside and out! Perfectly positioned on a manicured, oversized corner lot, this sun-filled classic 6-bed, 6.5 bath home enjoys an attached 2 car garage and a free standing 1 car garage for all of the bikes, paddle boards (for the beach down the street!), and toys you could want! The welcoming interior has a crisp and fresh design, creating a relaxing and resplendent vibe throughout. Impeccably maintained, improved, and enhanced with incredible updates. Highlights include 3 complete bathroom renovations (including primary suite), new Sub-Zero refrigerators, Wolf range, Miele dishwasher, quartz countertops, custom backsplash, Franke sinks, designer faucets, custom shutters/shades, and lights in the kitchen. Improvements both seen and unseen include Culligan reverse water osmosis system and water softener, piped hot and cold water to the garage, French drain tiles in the lower level, Ecobee smart thermostat, custom window treatments (living room curtains excluded), full perimeter fencing, and much more. A+ location is a short walk to the lakefront, beaches, town, 2 train stations, beloved Greeley elementary, and New Trier. Enjoy the best East Winnetka living offers in this amazing forever home that blends modern amenities with timeless appeal, perfect for families seeking a vibrant community and an unparalleled lifestyle!

Last Agent to Sell the Property

Bridget Orsic

@properties Christie's International Real Estate License #475168926 Listed on: 07/13/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Lauer Bâby

@properties Christie's International Real Estate License #475166302

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,808

Year Built

  • Built in 2004 | Remodeled in 2021

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 165 x 87
  • Landscaped Professionally
  • Corner Lot
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 3 Car Garage
  • Second Garage
  • Multiple Garages
  • Heated Garage
  • Garage Door Opener
  • Brick Driveway
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,768 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Double Shower

Laundry

  • Laundry Room
  • Laundry in multiple locations
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio

Schools

  • Greeley Elementary School
  • The Skokie Middle School
  • New Trier Twp High School Northfield/Wi

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,808

Year Built

Built in 2004 | Remodeled in 2021

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2004
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator
  • Basement: Full
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplaces: 4
  • Interior Amenities: Bar-Wet, Hardwood Floors, Second Floor Laundry, Built-in Features, Walk-In Closet(s)
  • LivingArea: 3768
  • Other Equipment: Water-Softener Owned, Security System, CO Detectors, Ceiling Fan(s), Sump Pump, Sprinkler-Lawn, Water Heater-Gas
  • Room Type: Bedroom 5, Office, Foyer, Recreation Room, Exercise Room, Mud Room, Storage, Bedroom 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink,Double Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Basement
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot, Landscaped
  • OtherStructures: Second Garage
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Brick
  • Garage Details: Garage Door Opener(s),Heated,Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air, Zoned
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Zoned
  • Laundry Features: Multiple Locations, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Greeley Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: The Skokie School
  • Junior High/Middle School #2: Carleton W Washburne School

Lot Info

  • Lot Size Acres: 0.3295
  • Lot Dimensions: 165 X 87
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 37807.9
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2024
Closed on
Oct 11, 2024
Sold by
Chicago Title Land Trust Company
Bought by
Sabo Kathryn and Sabo Michael
Seller's Agent
Bridget Orsic
@properties Christie's International Real Estate
Buyer's Agent
Lauer Bâby
@properties Christie's International Real Estate
List Price
$2,999,000
Sold Price
$3,010,000
Premium/Discount to List
$11,000
0.37%
Views
16
Current Estimated Value
$2,911,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,287
Avg. Annual Appreciation
-2.68%
Original Mortgage
$2,257,500
Outstanding Balance
$2,225,593
Interest Rate
6.1%
Mortgage Type
New Conventional
Estimated Equity
$686,120

Purchase Details

Listed on
Sep 5, 2019
Closed on
Nov 7, 2019
Sold by
Adams Joseph S
Bought by
Chicago Title Land Trust Company and Trust Number 8002382123
Seller's Agent
Jena Radnay
@properties Christie's International Real Estate
Buyer's Agent
Bridget Orsic
@properties Christie's International Real Estate
List Price
$2,699,900
Sold Price
$2,440,000
Premium/Discount to List
-$259,900
-9.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%

Purchase Details

Listed on
Mar 19, 2018
Closed on
May 25, 2018
Sold by
Callison Jack R and Callison Meredith A
Bought by
Adams Joseph S
Seller's Agent
Joanne Hudson
Compass
Buyer's Agent
Anne Malone
Engel & Voelkers Chicago North Shore
List Price
$2,595,000
Sold Price
$2,475,000
Premium/Discount to List
-$120,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.99%
Original Mortgage
$1,230,000
Interest Rate
4.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 4, 2013
Closed on
Aug 29, 2013
Sold by
Kyle Robert C and Kyle Victoria S
Bought by
Callison Jack R and Callison Meredith A
Seller's Agent
Howard Meyers
Compass
Buyer's Agent
Joanne Hudson
Compass
List Price
$2,689,000
Sold Price
$2,350,000
Premium/Discount to List
-$339,000
-12.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.09%
Original Mortgage
$1,880,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 16, 2004
Sold by
Willow Hill Partners Llc
Bought by
Kyle Robert C and Kyle Victoria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 19, 2002
Sold by
Witt Arnold G and Witt Leilani J
Bought by
Willow Hill Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Interest Rate
6.63%
Mortgage Type
Construction
Source: Public Records
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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
Sabo Kathryn $3,010,000 Chicago Title
Sabo Kathryn $3,010,000 Chicago Title
Chicago Title Land Trust Company $2,440,000 Chicago Title
Adams Joseph S $2,475,000 Chicago Title
Callison Jack R $2,350,000 Chicago Title Insurance Comp
Kyle Robert C $1,995,000 Ticor Title Insurance Compan
Willow Hill Partners Llc $800,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabo Kathryn $2,257,500
Closed Sabo Kathryn $2,257,500
Previous Owner Adams Joseph S $1,230,000
Previous Owner Callison Jack R $1,880,000
Previous Owner Kyle Robert C $1,650,000
Previous Owner Willow Hill Partners Llc $3,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2024 10/15/24 Sold $3,010,000 +0.4% $799 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $2,999,000 +22.9% $796 / Sq Ft
11/12/2019 11/12/19 Sold $2,440,000 -9.6% $648 / Sq Ft View Prior Sale
10/09/2019 10/09/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $2,699,900 +9.1% $717 / Sq Ft
06/08/2018 06/08/18 Sold $2,475,000 -4.6% $657 / Sq Ft View Prior Sale
04/04/2018 04/04/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $2,595,000 +10.4% $689 / Sq Ft
09/05/2013 09/05/13 Sold $2,350,000 -12.6% $624 / Sq Ft View Prior Sale
09/04/2013 09/04/13 Pending -- -- --
09/04/2013 09/04/13 For Sale $2,689,000 -- $714 / 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
2025 $37,808 $270,001 $38,759 $231,242
2024 $37,808 $166,399 $47,372 $119,027
2023 $43,310 $166,399 $47,372 $119,027
2022 $43,310 $201,860 $47,372 $154,488
2021 $34,870 $137,692 $32,298 $105,394
2020 $34,373 $137,692 $32,298 $105,394
2019 $34,901 $149,666 $32,298 $117,368
2018 $39,330 $167,408 $27,992 $139,416
2017 $38,130 $167,408 $27,992 $139,416
2016 $36,511 $167,408 $27,992 $139,416
2015 $30,041 $124,723 $23,326 $101,397
2014 $29,409 $124,723 $23,326 $101,397
2013 $28,037 $124,723 $23,326 $101,397
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12107330

Midwest Real Estate Data (MRED)

APN: 05-21-304-005-0000