NOT LISTED FOR SALE

547 Hill Terrace Unit 201 Winnetka, IL 60093

Estimated Value: $355,000 - $395,216

2 Beds
1 Bath
1,342 Sq Ft
$714/mo HOA Fee

Last Sold March 14, 2024

Last sale price $367,000 $273 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,388/month

4 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Indian Hill Station
  • Entrance Foyer
  • Greeley Elementary School Rated A
  • Resident Manager or Management On Site
  • 5-minute walk to Indian Hill Park

About This Home

As of March 2024

Timeless and sophisticated elegance define this 2 bedroom unit in the rarely available "The Chimneys" condo association. This unit features a gracious sun filled living room with a curved wall of windows; a large private balcony;10 foot ceilings; a decorative fireplace; beautiful hardwood floors; a generous sized kitchen with a planning desk; an in-unit washer/dryer; a marble bathroom with a tub and separate shower stall; and wonderful south, east and west exposures. Other features include a covered parking space and a large private storage space. Newer improvements include a new central air conditioning unit, new decorating and elegant new chandeliers and sconces. The Chimneys is an historic structure built by Howard Bowen and inspired by The Chimneys of London which were built on Fleet Street in the 1700s. This building features brick, stone and half-timbering which delineates an array of gables, roofs and bays. Each entryway off the private courtyard is different, suggesting a series of individual buildings and topping the roofline are a dozen chimneys. (source: Gazette Article by Cindy Fuller). Enjoy this wonderful Northshore location near the Indian Hill Metra Station, the Green Bay Trail, New Trier High School, shopping, restaurants and Lake Michigan beaches.

Last Listed By

Mary Mell

ARNI Realty Incorporated Listed on: 02/20/2024

ARNI Realty Incorporated

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,022

Year Built

  • Built in 1929

Lot Details

  • 1.16

HOA Fees

  • $714 Monthly HOA Fees

Home Design

  • Slate Roof

Interior Spaces

  • 1,342 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway
  • Uncovered Parking
  • Parking Included in Price

Schools

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

Utilities

  • Central Air
  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 28 Units
  • Ed Tasciotti Association, Phone Number (847) 869-4200
  • Property managed by Schermerhorn

Amenities

  • Coin Laundry
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,022

Year Built

Built in 1929

Lot Details

0

HOA Fees

$714 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1929
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1342
  • Room Type: Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Square Footage Comments: Square footage as reported by condominium documents.
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 339000
  • Roof: Slate
  • Waterfront: No
  • Exterior Building Type: Brick,Stucco

Garage/Parking

  • ParkingTotal: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Heating: Steam
  • Laundry Features: In Unit, In Kitchen
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 714
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Schermerhorn
  • Management Contact Name: Ed Tasciotti
  • Management Phone: 847-869-4200
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Greeley Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: The Skokie School
  • Middle/Junior School District: 36
  • Junior High/Middle School #2: Carleton W Washburne School

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 7022.1
  • Tax Year: 2022

Multi Family

  • Units in Building: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Mar 12, 2024
Sold by
Lisa R Gills Living Trust
Bought by
Ockwood Jeffrey and Ockwood Allison M
Seller's Agent
Mary Mell
ARNI Realty Incorporated
Buyer's Agent
Kelly Maggio
@properties Christie's International Real Estate
List Price
$339,000
Sold Price
$367,000
Premium/Discount to List
$28,000
8.26%
Total Days on Market
4
Views
51
Current Estimated Value
$376,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,804
Avg. Annual Appreciation
3.11%
Original Mortgage
$275,250
Outstanding Balance
$272,506
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$107,643

Purchase Details

Listed on
May 13, 2019
Closed on
Oct 5, 2019
Sold by
Gills Lisa R
Bought by
Gills Lisa R and The Lisa R Gills Living Trust
Seller's Agent
Mary Rosinski
Coldwell Banker Realty
Buyer's Agent
Mary Mell
ARNI Realty Incorporated
List Price
$275,000
Sold Price
$267,000
Premium/Discount to List
-$8,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$133,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 13, 2019
Closed on
Aug 14, 2019
Sold by
Schmidt Beverly D
Bought by
Gills Lisa
Seller's Agent
Mary Rosinski
Coldwell Banker Realty
Buyer's Agent
Mary Mell
ARNI Realty Incorporated
List Price
$275,000
Sold Price
$267,000
Premium/Discount to List
-$8,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2002
Sold by
Schorvitz Lydia and Dechanov Lydia
Bought by
Schmidt Beverly D

Range of Values:

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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
Ockwood Jeffrey $367,000 None Listed On Document
Gills Lisa R -- Attorney
Gills Lisa $267,000 Chicago Title
Schmidt Beverly D $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ockwood Jeffrey $275,250
Previous Owner Gills Lisa $133,500
Previous Owner Mcdonough Elke $300,000
Previous Owner Schorvitz Lydia $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold $367,000 +8.3% $273 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $339,000 +27.0% $253 / Sq Ft
08/21/2019 08/21/19 Sold $267,000 -2.9% $232 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $275,000 -- $239 / 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 $7,022 $32,176 $5,988 $26,188
2023 $7,022 $32,176 $5,988 $26,188
2022 $7,022 $32,176 $5,988 $26,188
2021 $6,174 $23,790 $4,354 $19,436
2020 $4,650 $23,790 $4,354 $19,436
2019 $3,998 $25,903 $4,354 $21,549
2018 $4,119 $25,673 $3,701 $21,972
2017 $3,922 $25,673 $3,701 $21,972
2016 $4,422 $25,673 $3,701 $21,972
2015 $5,163 $25,480 $3,048 $22,432
2014 $6,352 $31,520 $3,048 $28,472
2013 $6,203 $31,520 $3,048 $28,472
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11976352

Midwest Real Estate Data (MRED)

APN: 05-21-322-049-1012