NOT LISTED FOR SALE

550 Woodland Ln S Winnetka, IL 60093

Estimated Value: $879,977 - $1,183,000

4 Beds
3 Baths
3,000 Sq Ft
$333/Sq Ft Est. Value

Last Sold June 06, 2014

Last sale price $775,000 $258 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,723/month

32 Days on Market

Highlights

  • River Front
  • Colonial Architecture
  • Wooded Lot
  • Middlefork Primary School Rated A
  • Landscaped Professionally
  • Vaulted Ceiling

About This Home

As of June 2014

Cedar Col on 1/2 acre wooded cul-de-sac. Open flr pln, hdwd flrs, vltd ceils, skylights, expansive views; updtd & meticulously maintained. LivRm w/fplc & bar. DR & FR w/beaut views of grounds Bright open Kit w/granite, SS appls & brkbar. Mud/lndry rm to 2 c gar. 2nd flr: skylights, v ceils. Priv MSTR retreat w/fplc;bth w/B-I dresser & organ closet. 3 add'l BRs & bonus/5BR.Blocks from award winning schools,pks &town.

Last Agent to Sell the Property

Marsha Balsamo

Engel & Voelkers Chicago North Shore License #475099705 Listed on: 02/17/2014

Engel & Voelkers Chicago North Shore

Last Buyer's Agent

Jason Finn

Baird & Warner License #475122584

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,628

Year Built

  • 1942

Lot Details

  • River Front
  • Cul-De-Sac
  • Landscaped Professionally
  • Wooded Lot

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Cedar

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Home Office
  • Play Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Location

  • Flood Zone Lot
  • Property is near a bus stop

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,628

Year Built

1942

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Interstate Access, Flood Zone
  • Recent Rehab: Yes
  • Age: 71-80 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1942
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1942

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 20X15, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room, Master Bedroom
  • Basement: Crawl
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 7X7, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Closet
  • Additional Rooms: Office, Play Room
  • Master Bedroom: Dimensions: 20X15, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Office, Dimensions: 20X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Playroom, Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X11, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 16X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 16X14, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 3000
  • Dining Room Type: Combined w/ FamRm
  • Family Room: Dimensions: 20X15, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar
  • Acreage: 0.4107

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems, Indv Controls, Zoned

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 203
  • Elementary School: MIDDLEFORK PRIMARY SCHOOL
  • Middle School: SUNSET RIDGE ELEMENTARY SCHOOL
  • High School: NEW TRIER TWP H.S. NORTHFIELD/WI
  • Junior High Dist: 29

Lot Info

  • Lot Dimensions: 183X110X155X110
  • Lot Description: Cul-de-sac, Landscaped Professionally, River Front, Wooded
  • Parcel Identification Number: 04242000230000

Tax Info

  • Taxes: 12650

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2014
Closed on
May 28, 2014
Sold by
Deeb George M and Deeb Sarah E
Bought by
Geary Michael P and Geary Elizabeth K
Seller's Agent
Marsha Balsamo
Engel & Voelkers Chicago North Shore
Buyer's Agent
Jason Finn
Baird & Warner
List Price
$799,000
Sold Price
$775,000
Premium/Discount to List
-$24,000
-3%
Total Days on Market
32
Current Estimated Value
$998,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,244
Avg. Annual Appreciation
2.00%
Original Mortgage
$581,200
Interest Rate
2.54%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 16, 2004
Sold by
Buxton Bradford A and Buxton Anne O
Bought by
Deeb George M and Deeb Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
5.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 2, 1999
Sold by
Butler Laura H
Bought by
Buxton Bradford A and Buxton Anne O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.68%

Purchase Details

Closed on
Dec 5, 1995
Sold by
Butler Albert B
Bought by
Butler Laura H

Purchase Details

Closed on
Dec 2, 1994
Sold by
Lasalle National Trust Na
Bought by
Butler Md Albert B and Butler Laura H

Purchase Details

Closed on
Feb 23, 1994
Sold by
Nbd Bank
Bought by
Lasalle National Trust Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.1%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 27, 1991
Sold by
Hunter Eleanor Lang
Bought by
Nbd Trust Company Of Illinois
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
Geary Michael P $775,000 Ctcc
Deeb George M $765,000 --
Buxton Bradford A $572,000 Chicago Title Insurance Co
Butler Laura H -- --
Butler Md Albert B $589,000 Ticor Title Insurance
Lasalle National Trust Na -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geary Michael P $568,000
Closed Geary Elizabeth K $100,000
Closed Geary Elizabeth K $46,000
Closed Geary Michael P $581,200
Previous Owner Deeb George M $612,000
Previous Owner Buxton Bradford A $296,000
Previous Owner Buxton Bradford A $50,000
Previous Owner Buxton Bradford A $300,000
Previous Owner Lasalle National Trust Na $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2014 06/06/14 Sold $775,000 -3.0% $258 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $799,000 -- $266 / 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 $13,628 $70,000 $25,047 $44,953
2023 $13,628 $70,000 $25,047 $44,953
2022 $13,628 $70,000 $25,047 $44,953
2021 $13,519 $59,080 $21,916 $37,164
2020 $13,269 $59,080 $21,916 $37,164
2019 $13,045 $64,924 $21,916 $43,008
2018 $12,489 $59,411 $19,232 $40,179
2017 $12,111 $59,411 $19,232 $40,179
2016 $11,605 $59,411 $19,232 $40,179
2015 $10,864 $51,016 $15,654 $35,362
2014 $10,664 $51,016 $15,654 $35,362
2013 $10,204 $51,016 $15,654 $35,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08538542

Midwest Real Estate Data (MRED)

APN: 04-24-200-023-0000