NOT LISTED FOR SALE

518 Cherry St Winnetka, IL 60093

Estimated Value: $1,882,000 - $2,261,032

4 Beds
6 Baths
2,943 Sq Ft
$698/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $1,701,000 $578 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $14,293/month

6 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Wood Flooring
  • Greeley Elementary School Rated A
  • Vaulted Ceiling
  • Mud Room

About This Home

As of March 2022

It's all here... A LARGE, GRACIOUS HOME with an abundance of space, natural light and character on an OVERSIZED (88 X 187), LUSHLY LANDSCAPED LOT located in a premiere East Winnetka location just steps to Lake Michigan and close to vibrant downtown Winnetka restaurants and shops, parks and schools ( Greeley and New Trier). Step into this exquisite home and prepare to be amazed by the amount of space - there is so much more than meets the eye. This handsome home has benefitted from extensive renovations and updates, and shows beautifully. It checks all the boxes- a fabulous circular floor plan with lovely large formal LR and DR, a sun filled FR with a wall of built ins overlooking the deck and yard, a cozy Office/ Den with a private porch- perfect for catching the lake breezes!, a mudroom, a powder room and a super spacious updated Kitchen /Breakfast room with gorgeous oversized windows, white cabinetry and SS appliances. The 2nd floor features a dreamy Primary BR with 2 walk in closets and a staircase to the sunny 3rd floor retreat- perfect for an exercise room, office or even a nursery. The serene, spa like primary Bath features separate vanities, a huge shower and a tub. 3 good size family BR's ( 2 with hardwood floors, 2 full baths and a half bath complete the 2nd floor. A carpeted Rec Room, Laundry Room, half BA and storage are in the dug out portion of the basement. Paradise awaits outside- there is a fabulous, oversized deck overlooking the super sunny and spacious backyard. The detached 2 car garage was completed in 2020. There's so much to love here- a pristinely maintained, beautifully built home that radiates charm and character throughout in the most fabulous location with a gorgeous, sunny lushly landscaped yard. A truly special home....

Last Agent to Sell the Property

Leslie Maguire

@properties Christie's International Real Estate License #475125271 Listed on: 01/18/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Paige Dooley

Compass License #475131775

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,164

Year Built

  • Built in 1899

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 88 x 187

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,943 Sq Ft Home
  • 3-Story Property
  • Dry Bar
  • Vaulted Ceiling
  • Skylights
  • Mud Room
  • Family Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Home Gym
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry Chute

Partially Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Schools

  • Greeley Elementary School
  • Carleton W Washburne Middle School
  • New Trier Twp High School Northfield/Wi

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,164

Year Built

Built in 1899

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1899
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bathrooms: 6
  • Total Bedrooms: 4
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Dry, Hardwood Floors, Walk-In Closet(s)
  • LivingArea: 2943
  • Room Type: Office, Recreation Room, Exercise Room, Mud Room, Walk In Closet, Deck, Breakfast Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2943
  • Basement Description: Partially Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Square Footage Comments: does not include all rooms
  • Total Sq Ft: 0
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Flooring: Carpet
  • Dining Room Flooring: Hardwood
  • Family Room Flooring: Hardwood
  • Kitchen Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space,Breakfast Room
  • Living Room Flooring: Hardwood
  • Primary Bedroom Bath: Full,Double Sink,Tub & Separate Shwr
  • Master Bedroom Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 1495000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Laundry Chute
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • 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: Carleton W Washburne School
  • Middle/Junior School District: 36
  • Junior High/Middle School #2: The Skokie School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.378
  • Lot Dimensions: 88 X 187
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 23163.6
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Mar 11, 2022
Sold by
Bellew Robert B and Bellew Renee
Bought by
Sholars Robert E and Rahman Sabrina
Seller's Agent
Leslie Maguire
@properties Christie's International Real Estate
Buyer's Agent
Paige Dooley
Compass
List Price
$1,495,000
Sold Price
$1,701,000
Premium/Discount to List
$206,000
13.78%
Current Estimated Value
$2,095,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,730
Avg. Annual Appreciation
4.53%

Purchase Details

Listed on
Jan 18, 2022
Closed on
Mar 8, 2022
Sold by
Bellew Robert B and Bellew Renee
Bought by
Sholars Robert E and Rahman Sabrina
Seller's Agent
Leslie Maguire
@properties Christie's International Real Estate
Buyer's Agent
Paige Dooley
Compass
List Price
$1,495,000
Sold Price
$1,701,000
Premium/Discount to List
$206,000
13.78%
Source: Public Records

Range of Values:

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Average Value
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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
Sholars Robert E -- --
Sholars Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bellew Robert B $221,000
Previous Owner Bellew Robert B $257,000
Previous Owner Bellew Robert B $206,000
Closed Sholars Robert E --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2022 03/09/22 Sold $1,701,000 +13.8% $578 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $1,495,000 -- $508 / 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 $34,470 $133,267 $54,305 $78,962
2023 $31,831 $152,000 $54,305 $97,695
2022 $31,831 $152,000 $54,305 $97,695
2021 $23,432 $96,283 $37,026 $59,257
2020 $23,164 $96,283 $37,026 $59,257
2019 $22,966 $104,656 $37,026 $67,630
2018 $23,838 $102,821 $32,089 $70,732
2017 $23,117 $102,821 $32,089 $70,732
2016 $25,126 $115,986 $32,089 $83,897
2015 $23,616 $98,609 $26,741 $71,868
2014 $25,230 $107,364 $26,741 $80,623
2013 $24,051 $107,364 $26,741 $80,623
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11306603

Midwest Real Estate Data (MRED)

APN: 05-21-125-003-0000