NOT LISTED FOR SALE

550 Meadow Rd Winnetka, IL 60093

Estimated Value: $1,401,000 - $1,696,000

4 Beds
2.5 Baths
3,226 Sq Ft
$482/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $1,150,000 $356 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $10,277/month

6 Days on Market

Highlights

  • Landscaped Professionally
  • Property is near a park
  • Wood Flooring
  • The Joseph Sears School Rated A+
  • Recreation Room
  • Home Office

About This Home

As of May 2022

Don't miss this architecturally stunning 4 bed/2.1 bath brick home in Winnetka. This home gets the best of both worlds with access to TOP RATED Kenilworth School District (Sears elementary and New Trier H.S.) and Winnetka Park District! The main floor features hardwood floors, an elegant living room with a wood burning fireplace and arched windows, formal dining room with custom built-in cabinets, fireplace and an updated kitchen with a large adjoining family room overlooking the large backyard. The second floor has high ceilings with 4 bedrooms, office, laundry, a skylight, and the master suite has a bonus tandem sunroom/sitting room/office along with an updated master bath. Additional features include a nearly maintenance free tile roof, partially finished basement with plenty of storage, large 50 x 190 landscaped lot, attached brick garage, and storage shed. The large backyard with a covered patio is perfect for summer nights and entertaining.

Last Agent to Sell the Property

Michael Saladino

Keller Williams ONEChicago License #471019865 Listed on: 03/23/2022

Keller Williams ONEChicago

Last Buyer's Agent

Ben Lalez

Compass License #475124644

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,293

Year Built

  • Built in 1928

Lot Details

  • 9,548 Sq Ft Lot
  • Lot Dimensions are 50x190
  • Fenced Yard
  • Wood Fence
  • Landscaped Professionally

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Tile Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Sitting Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Lower Floor Utility Room
  • Storage Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near a park

Schools

  • The Joseph Sears Elementary And Middle School
  • New Trier Twp High School Northfield/Wi

Utilities

  • SpacePak Central Air
  • Radiator
  • Baseboard Heating
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,293

Year Built

Built in 1928

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: 1928
  • 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
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Hardwood Floors, Second Floor Laundry
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Office, Sitting Room, Utility Room-Lower Level, Pantry, Foyer, Recreation Room, Storage, Walk In Closet
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Bathroom Amenities: Separate Shower,Full Body Spray Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 1100000
  • Lot Features: Fenced Yard, Landscaped, Wood Fence
  • OtherStructures: Shed(s)
  • Roof: Tile
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway
  • ParkingTotal: 5
  • Number of Cars: 6
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Space Pac
  • Heating: Baseboard, Radiator(s)
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: The Joseph Sears School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: The Joseph Sears School
  • Middle/Junior School District: 38

Lot Info

  • Lot Size Acres: 0.2192
  • Lot Dimensions: 50X190
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 23293.29
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2021
Sold by
Meltzer Michael J
Bought by
Meltzer Michael J
Current Estimated Value
$1,556,060

Purchase Details

Closed on
Aug 20, 2010
Sold by
Meltzer Karin
Bought by
Meltzer Michael J and Meltzer Karin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$233,624
Interest Rate
4.81%
Mortgage Type
New Conventional
Estimated Equity
$1,322,436

Purchase Details

Closed on
Jun 30, 2010
Sold by
Fisher Elizabeth D
Bought by
Meltzer Michael J and Meltzer Karin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$233,624
Interest Rate
4.81%
Mortgage Type
New Conventional
Estimated Equity
$1,322,436

Purchase Details

Closed on
Oct 9, 2009
Sold by
Fisher Scott and Fisher Elizabeth
Bought by
Fisher Elizabeth D and Elizabeth D Fisher Revocable Trust

Purchase Details

Closed on
Jan 19, 2000
Sold by
Bailey Marlene L
Bought by
Fisher Scott and Fisher Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
7.25%

Purchase Details

Closed on
Mar 27, 1995
Sold by
Bailey Robert M and Bailey Marlene L
Bought by
Bailey Marlene L
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
Meltzer Michael J -- Attorney
Meltzer Michael J -- None Available
Meltzer Michael J $750,000 Pntn
Fisher Elizabeth D -- None Available
Fisher Scott $610,000 --
Bailey Marlene L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meltzer Michael J $350,000
Previous Owner Fisher Scott $488,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $1,150,000 +4.5% $356 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $1,100,000 -- $341 / 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 $24,325 $102,048 $30,560 $71,488
2023 $24,210 $108,000 $30,560 $77,440
2022 $24,210 $108,000 $30,560 $77,440
2021 $22,162 $80,123 $20,055 $60,068
2020 $23,293 $86,087 $20,055 $66,032
2019 $22,609 $94,602 $20,055 $74,547
2018 $19,595 $80,516 $17,190 $63,326
2017 $22,508 $94,555 $17,190 $77,365
2016 $23,038 $101,313 $17,190 $84,123
2015 $20,433 $80,187 $14,086 $66,101
2014 $19,982 $80,187 $14,086 $66,101
2013 $21,842 $89,028 $14,086 $74,942
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11354557

Midwest Real Estate Data (MRED)

APN: 05-28-104-003-0000