NOT LISTED FOR SALE

551 Hill Terrace Unit 306 Winnetka, IL 60093

Estimated Value: $274,000 - $379,000

2 Beds
2 Baths
1,273 Sq Ft
$525/mo HOA Fee

Last Sold July 22, 2020

Last sale price $270,000 $212 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,625/month

25 Days on Market

Highlights

  • Vaulted Ceiling
  • 4-minute walk to Indian Hill Station
  • Main Floor Bedroom
  • Greeley Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to Indian Hill Park

About This Home

As of July 2020

Rarely available, 2 bedroom/bath unit in Gorgeous English Tudor Courtyard building. Large 2nd floor master with generous bath with whirlpool tub and separate shower. Comfortable main floor great room area has fireplace and opens to the kitchen! Parking place just outside back door. Across the street from Indian Hill Train stop. Near schools and short walk to Beach!

Last Agent to Sell the Property

Anne Malone

Engel & Voelkers Chicago North Shore License #475123376 Listed on: 05/18/2020

Engel & Voelkers Chicago North Shore

Last Buyer's Agent

Monica Childs

@properties Christie's International Real Estate License #475126205

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,361

Year Built | Renovated

  • 1926 | 1996

Lot Details

  • 1.16

HOA Fees

  • $525 per month

Home Design

  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Location

  • Property is near a bus stop

Utilities

  • Central Air
  • Two Heating Systems
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,361

Year Built | Renovated

1926 | 1996

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Rehab Year: 1996
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1926
  • Type Attached: Condo-Duplex
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1926
  • Year Renovated: 1996

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Bedroom, 2nd Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 6X5, On Level: 2nd Level, Flooring: Other
  • Dining Room: Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 19X12, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 1273
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Roof Type: Slate

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, 2+ Sep Heating Systems

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Heat, Water, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: U
  • Assessment Association Fees: 525
  • Management Contact Name: Mike Wolters
  • Management Phone: 847-869-4200

Fee Information

  • Management Company: Schermerhorn

Schools

  • School District: 203
  • Elementary School: Greeley Elementary School
  • Middle School: Carleton W Washburne School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Junior High Dist: 36

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 05213220491037

Multi Family

  • Total Number Unitsin Building: 27
  • Number Stories: 4

Tax Info

  • Taxes: 4790.90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Jul 22, 2020
Sold by
Kocour Max L
Bought by
Cline Mathew J
Seller's Agent
Anne Malone
Engel & Voelkers Chicago North Shore
Buyer's Agent
Monica Childs
@properties Christie's International Real Estate
List Price
$299,000
Sold Price
$270,000
Premium/Discount to List
-$29,000
-9.7%
Current Estimated Value
$318,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,775
Avg. Annual Appreciation
1.43%
Original Mortgage
$216,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2006
Sold by
Shubny Margaret and Shubny Alexander
Bought by
Kocour Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 1995
Sold by
Nelson Richard W
Bought by
Stanford Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.56%
Mortgage Type
Purchase Money Mortgage
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
Cline Mathew J $270,000 Chicago Title
Kocour Steven $370,000 Ticor Title Ins Co 2002
Stanford Margaret E $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cline Mathew J $216,000
Previous Owner Kocour Steven $345,000
Previous Owner Shubny Margaret S $185,000
Previous Owner Stanford Margaret E $189,400
Previous Owner Stanford Margaret E $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $270,000 -9.7% $212 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $299,000 -- $235 / 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 $4,361 $18,813 $3,501 $15,312
2023 $4,106 $18,813 $3,501 $15,312
2022 $4,106 $18,813 $3,501 $15,312
2021 $3,610 $13,910 $2,546 $11,364
2020 $2,760 $13,910 $2,546 $11,364
2019 $2,732 $15,145 $2,546 $12,599
2018 $2,777 $15,011 $2,164 $12,847
2017 $2,705 $15,011 $2,164 $12,847
2016 $2,771 $15,011 $2,164 $12,847
2015 $3,020 $14,897 $1,782 $13,115
2014 $3,819 $18,429 $1,782 $16,647
2013 $3,628 $18,429 $1,782 $16,647
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10717833

Midwest Real Estate Data (MRED)

APN: 05-21-322-049-1027