$255,000
SOLD OCT 16, 2019

540 Locust Rd Wilmette, IL 60091

3 Beds
2 Baths
910 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$280 Per Sq Ft

22% Below List Price

93 Days on Market

Highlights

  • Home Office
  • Detached Garage
  • Forced Air Heating System
  • Romona Elementary School Rated A+
  • Property is near a bus stop
  • Wood Siding

About This Home

As of August 2020

Great opportunity to build new - 70x120 lot in central Wilmette location walk to schools, Centennial pool & ice rink. Value is in the land. Showing requests - drive by & walk the property - no entry into the property unless ready to write an offer. Accepted offer will need court approval for the estate - usually takes 2-3 weeks. Property must remain in the market for 7 days before an offer will be considered and accepted.

Last Agent to Sell the Property

Lori Neuschel

@properties Christie's International Real Estate License #475131823 Listed on: 05/28/2019

@properties Christie's International Real Estate

Co-Listed By

Megan Gemp

@properties Christie's International Real Estate License #475179253

Last Buyer's Agent

Amy Larsen

Engel & Voelkers Chicago North Shore License #475160440

Engel & Voelkers Chicago North Shore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,712

Year Built

  • 1869

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Wood Siding

Basement

  • Partial Basement
  • Exterior Basement Entry

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Home Office
  • East or West Exposure
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,712

Year Built

1869

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, Interstate Access
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1869
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1869

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 12X15, On Level: Main Level
  • Basement: Partial
  • Basement: Exterior Access
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X13, On Level: Main Level
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level
  • Additional Rooms: Office
  • Master Bedroom: Dimensions: 10X12, On Level: 2nd Level
  • Additional Room 1 Name: Office, Dimensions: 6X8, On Level: Main Level
  • Bedroom 2: Dimensions: 10X10, On Level: 2nd Level
  • Bedroom 3: Dimensions: 9X11, On Level: 2nd Level
  • Estimated Sq Ft: 910

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Wood Siding
  • Exposure: W (West)
  • Acreage: 0.1928

Garage/Parking

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

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 910

Schools

  • School District: 203
  • Elementary School: Romona Elementary School
  • Middle School: Highcrest Middle School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Junior High Dist: 39
  • Junior High/Middle School #2: Wilmette Junior High School

Lot Info

  • Lot Dimensions: 70X120
  • Parcel Identification Number: 05322020340000

Tax Info

  • Taxes: 5601.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2020
Sold by
Hausen Contractors Inc
Bought by
Dubovoy Hugo and Hugo Dubovoy Jr Living Trust
Current Estimated Value
$1,817,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,200
Outstanding Balance
$980,432
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$756,942

Purchase Details

Listed on
May 28, 2019
Closed on
Oct 7, 2019
Sold by
Apostol Louis G
Bought by
Hausen Contractors Inc
Seller's Agent
Lori Neuschel
@properties Christie's International Real Estate
Buyer's Agent
Amy Larsen
Engel & Voelkers Chicago North Shore
List Price
$325,000
Sold Price
$255,000
Premium/Discount to List
-$70,000
-21.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.13%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $1,359,000 Fidelity National Title
Administrators Deed $255,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,087,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $1,359,000 0.0% $425 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $1,359,000 0.0% $425 / Sq Ft
06/09/2020 06/09/20 Off Market $1,359,000 -- --
06/06/2020 06/06/20 For Sale $1,359,000 +432.9% $425 / Sq Ft
10/16/2019 10/16/19 Sold $255,000 -3.7% $280 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/06/2019 08/06/19 Price Changed $264,900 -11.4% $291 / Sq Ft
07/01/2019 07/01/19 Price Changed $299,000 -8.0% $329 / Sq Ft
05/28/2019 05/28/19 For Sale $325,000 -- $357 / 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 $24,712 $108,904 $14,700 $94,204
2023 $27,401 $115,988 $14,700 $101,288
2022 $27,401 $131,000 $14,700 $116,300
2021 $20,377 $81,764 $10,500 $71,264
2020 $2,683 $10,500 $10,500 $0
2019 $6,985 $30,620 $10,500 $20,120
2018 $5,093 $27,591 $8,820 $18,771
2017 $5,602 $27,591 $8,820 $18,771
2016 $5,454 $27,591 $8,820 $18,771
2015 $5,902 $26,398 $7,350 $19,048
2014 $5,821 $26,398 $7,350 $19,048
2013 $5,545 $26,398 $7,350 $19,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10394993

Midwest Real Estate Data (MRED)

APN: 05-32-202-034-0000