NOT LISTED FOR SALE

514 Oak St Winnetka, IL 60093

Estimated Value: $1,383,000 - $1,593,357

3 Beds
4 Baths
2,458 Sq Ft
$604/Sq Ft Est. Value

Last Sold February 05, 2024

Last sale price $1,400,514 $570 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,630/month

3 Days on Market

Highlights

  • 1 Car Attached Garage
  • Storage Room
  • 5-minute walk to Village Green Park
  • Greeley Elementary School Rated A
  • Central Air

About This Home

As of February 2024

NO BROKERS OPEN. UNDER CONTRACT. "Acorn Cottage"... an AWARD WINNING, one-of-a-kind home, just STEPS from the Lake and in the heart of desirable East Winnetka! A full house renovation and 2-story addition have transformed this home into a storybook dream! Given the Preservation Reward by Winnetka after a year long renovation - complete with the highest-end custom finishes, beautiful hardwood floors throughout, solid core doors, impeccable hardware and truly exceptional millwork! The heart of the home is the oversized living room/family room with stately gas fireplace, custom bookshelves (high and low - look closely in the corners) SO MUCH CHARACTER - you just don't see this everyday! Keep the magical, enchanting feel or easily change to a sleek transitional beach cottage - whatever you so desire! Gracious dining room with French doors leading to the deck where you can hear the Lake Michigan waves. Chef's will love cooking in the gorgeous white kitchen with finely crafted inset cabinetry,Kirkstone from England countertops, Viking range, custom paneled Sub Zero high-end appliances, pantry, beautiful Butler's pantry, storage and mudroom. The second floor has three nice sized bedrooms, all with sitting areas. updated white hallway bath with subway tile and storage. You will love retreating to the spacious primary suite (part of the addition) vaulted ceiling, built-ins, beautiful double vanity with Kohler sinks, marble countertops and a large walk-in shower. The lower level has space for an office and rec room, half bath, laundry and storage. Beautifully maintained with a newer roof! Hop to the beach in minutes, a short walk to downtown Winnetka shops, restaurants and the train. Close to Greeley Elementary and New Trier. A SPECIAL OPPORTUNITY to own this Award Winning home!!

Last Agent to Sell the Property

Megan Mawicke

@properties Christie's International Real Estate License #475147981 Listed on: 01/11/2024

@properties Christie's International Real Estate

Co-Listed By

John Mawicke

@properties Christie's International Real Estate License #475163295

Last Buyer's Agent

Katie Hauser

Compass License #475159201

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,722

Year Built

  • Built in 1927 | Remodeled in 1998

Lot Details

  • 6,098

Parking

  • 1 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Stucco

Interior Spaces

  • 2,458 Sq Ft Home
  • 2-Story Property
  • Storage Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Partially Finished Basement

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

Schools

  • New Trier Twp High School Northfield/Wi

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,722

Year Built

Built in 1927 | Remodeled in 1998

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1927
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1998
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1998

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • LivingArea: 2458
  • Room Type: Storage
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 1150000
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School District: 36

Lot Info

  • Lot Dimensions: 0
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 10722
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Feb 5, 2024
Sold by
Richard L Mathias Trust and Lynn H Mathias Trust
Bought by
Chicago Title Land Trust Co
Seller's Agent
Megan Mawicke
@properties Christie's International Real Estate
Buyer's Agent
Katie Hauser
Compass
List Price
$1,150,000
Sold Price
$1,400,514
Premium/Discount to List
$250,514
21.78%
Views
3
Current Estimated Value
$1,483,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,075
Avg. Annual Appreciation
4.30%

Purchase Details

Closed on
Mar 11, 2022
Sold by
Mathias Richard L and Mathias Lynn H
Bought by
Lynn H Mathias Trust

Purchase Details

Closed on
Oct 1, 1997
Sold by
Mackinnon Marianne Madison
Bought by
Mathias Richard L and Mathias Lynn H

Purchase Details

Closed on
Nov 5, 1996
Sold by
Mackinnon Marianne Madison
Bought by
Mackinnon Marianne Madison and Trust #001
Source: Public Records

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Range of Values:

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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
Chicago Title Land Trust Co $1,401,000 Proper Title
Lynn H Mathias Trust -- None Listed On Document
Mathias Richard L $240,000 --
Mackinnon Marianne Madison -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mathias Richard L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2024 02/05/24 Sold $1,400,514 +21.8% $570 / Sq Ft
01/14/2024 01/14/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $1,150,000 -- $468 / 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 $16,387 $74,000 $20,170 $53,830
2023 $15,404 $74,000 $20,170 $53,830
2022 $15,404 $74,000 $20,170 $53,830
2021 $10,722 $44,645 $13,752 $30,893
2020 $10,610 $44,645 $13,752 $30,893
2019 $10,517 $48,528 $13,752 $34,776
2018 $12,426 $55,240 $11,918 $43,322
2017 $12,056 $55,240 $11,918 $43,322
2016 $11,677 $55,240 $11,918 $43,322
2015 $12,137 $51,954 $9,932 $42,022
2014 $11,890 $51,954 $9,932 $42,022
2013 $11,327 $51,954 $9,932 $42,022
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11957504

Midwest Real Estate Data (MRED)

APN: 05-21-119-003-0000