Seller's Agent in 2019
Kyle Payne
@ Properties
(708) 415-5509
49 Total Sales
507 Lake Ave Wilmette, IL 60091
Estimated Value: $970,000 - $1,972,304
5
Beds
4
Baths
4,800
Sq Ft
$320/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- Multiple Garages
- Prairie Architecture
- Central Elementary School Rated A
- Recreation Room
- Home Office
About This Home
As of October 2019Wright house, Right time! The 1909 Frank J Baker house sits in a Prime East Wilmette location. Home is available for the first time in 60+ years. Frank Lloyd Wright employed his classic Prairie design with strong horizontal porches that flank the two story diamond leaded glass vertical window wall of the living room. Home features 5 large bedrooms, 3.5 bathrooms & 3 fireplaces. Second level has a master, en-suite, w fireplace & private porch. Two additional en-suite bedrooms, a fourth and fifth bedroom plus sitting room. Storage galore in this home! Kitchen and breakfast room provide pleasant views of the expansive yard and grounds. One of Wrights larger wood and plaster homes. Wright designed the addition in 1922. Lower level contains mechanicals, laundry, storage, work room and additional office. Lot 161 X 158. 3 car + garage/carriage house. Located 2 blocks from Lake Michigan. The Baker House is a National Registered Landmark and is also a protected Wilmette Historic Home.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475162089 Listed on: 08/12/2019
Last Buyer's Agent
Gary Lucido
Lucid Realty, Inc. License #471004524
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,615
Year Built
- 1909
Lot Details
- 0.58
Parking
- Detached Garage
- Carport
- Multiple Garages
- Tandem Garage
- Driveway
- Garage Is Owned
Home Design
- Prairie Architecture
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Stucco Exterior
Interior Spaces
- Built-In Features
- Breakfast Room
- Home Office
- Workroom
- Recreation Room
- Bonus Room
- Storage Room
- Partially Finished Basement
- Partial Basement
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
Outdoor Features
- Balcony
- Enclosed Patio or Porch
Location
- The property is located in a historic district
Utilities
- One Cooling System Mounted To A Wall/Window
- Radiator
- Heating System Uses Gas
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2019
Closed on
Oct 30, 2019
Sold by
Atg Trust Company
Bought by
Bauer Eric and Bauer Amy
Seller's Agent
Kyle Payne
@properties Christie's International Real Estate
Buyer's Agent
Gary Lucido
Lucid Realty, Inc.
List Price
$849,900
Sold Price
$600,000
Premium/Discount to List
-$249,900
-29.4%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$936,576
Avg. Annual Appreciation
17.57%
Original Mortgage
$539,900
Interest Rate
3.62%
Mortgage Type
New Conventional
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bauer Eric | $600,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bauer Eric | $912,000 | |
| Closed | Bauer Eric | $539,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2019 10/31/19 | Sold | $600,000 | -29.4% | $125 / Sq Ft |
| 09/06/2019 09/06/19 | Pending | -- | -- | -- |
| 08/12/2019 08/12/19 | For Sale | $849,900 | -- | $177 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $13,615 | $60,001 | $49,995 | $10,006 |
| 2023 | $12,887 | $60,001 | $49,995 | $10,006 |
| 2022 | $12,887 | $60,001 | $49,995 | $10,006 |
| 2021 | $25,649 | $98,727 | $56,317 | $42,410 |
| 2020 | $25,230 | $98,727 | $56,317 | $42,410 |
| 2019 | $31,364 | $140,920 | $56,317 | $84,603 |
| 2018 | $21,982 | $95,832 | $48,638 | $47,194 |
| 2017 | $21,388 | $95,832 | $48,638 | $47,194 |
| 2016 | $20,287 | $95,832 | $48,638 | $47,194 |
| 2015 | $20,860 | $86,652 | $40,318 | $46,334 |
| 2014 | $20,550 | $88,524 | $40,318 | $48,206 |
| 2013 | $19,163 | $88,524 | $40,318 | $48,206 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2019
Jan Kerr
@ Properties
(708) 829-7752
10 Total Sales
-
G
Buyer's Agent in 2019
Gary Lucido
Lucid Realty, Inc.
-
E
Buyer Co-Listing Agent in 2019
Eddie Nusinow
Lucid Realty Inc
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10482813
APN: 05-34-204-004-0000
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