NOT LISTED FOR SALE

553 Elder Ln Winnetka, IL 60093

Estimated Value: $1,771,498 - $2,436,000

5 Beds
5 Baths
3,047 Sq Ft
$683/Sq Ft Est. Value

Last Sold May 01, 2014

Last sale price $1,315,000 $432 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $13,232/month

22 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Wood Flooring
  • Greeley Elementary School Rated A
  • Traditional Architecture
  • Whirlpool Bathtub

About This Home

As of May 2014

BEAUTIFULLY DECORATED & IMPECCABLY MAINTAINED HOME W/GREAT FLOW, QUALITY FINISHES & DETAILS ~ SHOWS LIKE NEW! FORMAL LIVING RM, GRAND DINING RM & 1ST FLR OFFICE. SPACIOUS FR W/FPL OVERLOOKS YD & ADJ TO CHEF'S KITCHEN W/HIGH END APPLS, ISLAND, BRKFST BAR & EATING AREA. MASTER SUITE W/FPL & SPA BATH. MANY BUILT-INS. GORGEOUS UPDATED BATHS. FAB BASEMENT W/5TH BDRM, BATH, PLAYROOM & REC ROOM. PRIME EAST LOCATION.

Last Agent to Sell the Property

Noah Levy

Compass License #475124935 Listed on: 02/24/2014

Compass

Last Buyer's Agent

Honore Frumentino

@properties Christie's International Real Estate License #475141215

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • 2004

Lot Details

  • 7,841

Parking

  • Detached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Cedar

Interior Spaces

  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Breakfast Room
  • Home Office
  • Recreation Room
  • Play Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

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

Additional Features

  • Deck
  • Property is near bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: Commuter Bus, Commuter Train
  • Age: 6-10 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2004
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 13
  • Living Room: Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal
  • Equipment: Sump Pump, Backup Sump Pump;
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Family Room, Master Bedroom
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 15X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Breakfast Room, Office, Play Room, Recreation Room
  • Master Bedroom: Dimensions: 18X16, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 13X11, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Breakfast Rm, Dimensions: 12X8, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Office, Dimensions: 11X8, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Recreation Rm, Dimensions: 20X17, On Level: Basement, Flooring: Carpet
  • Bedroom 4: Dimensions: 13X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Playroom, Dimensions: 20X11, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 3047
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X17, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar
  • Exterior Property Features: Deck
  • Acreage: 0.1894

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 36
  • Junior High/Middle School #2: CARLETON W WASHBURNE SCHOOL

Lot Info

  • Lot Dimensions: 50 X 167
  • Parcel Identification Number: 05213130130000

Tax Info

  • Taxes: 24813.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2014
Closed on
Apr 22, 2014
Sold by
Vander Molen Donald T and Vander Molen Robin K
Bought by
Leisz Christopher and Hernandez Melece
Seller's Agent
Noah Levy
Compass
Buyer's Agent
Honore Frumentino
@properties Christie's International Real Estate
List Price
$1,375,000
Sold Price
$1,315,000
Premium/Discount to List
-$60,000
-4.36%
Current Estimated Value
$2,080,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$765,375
Avg. Annual Appreciation
3.98%
Original Mortgage
$986,250
Outstanding Balance
$725,870
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,354,505

Purchase Details

Closed on
May 20, 2004
Sold by
H B Development Ltd
Bought by
Vandermolen Donald T and Vandermolen Robin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 31, 2002
Sold by
Kim Dong S
Bought by
H B Development Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 22, 2001
Sold by
Banco Popular North America
Bought by
Dk Ventures Ltd Partnership

Purchase Details

Closed on
May 25, 2001
Sold by
Dk Ventures Corp
Bought by
Kim Dong S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leisz Christopher $1,315,000 Nat
Vandermolen Donald T -- Cti
H B Development Ltd $499,000 --
Dk Ventures Ltd Partnership -- --
Kim Dong S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leisz Christopher $986,250
Previous Owner Vandermolen Donald T $600,000
Previous Owner H B Development Ltd $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2014 05/01/14 Sold $1,315,000 -4.4% $432 / Sq Ft
03/18/2014 03/18/14 Pending -- -- --
02/24/2014 02/24/14 For Sale $1,375,000 -- $451 / 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
2025 $29,151 $174,000 $22,275 $151,725
2024 $29,151 $129,056 $27,225 $101,831
2023 $29,373 $129,056 $27,225 $101,831
2022 $29,373 $138,000 $27,225 $110,775
2021 $26,528 $105,547 $18,562 $86,985
2020 $26,163 $105,547 $18,562 $86,985
2019 $25,953 $114,725 $18,562 $96,163
2018 $27,153 $116,638 $16,087 $100,551
2017 $29,515 $130,346 $16,087 $114,259
2016 $28,858 $130,346 $16,087 $114,259
2015 $23,914 $97,199 $13,406 $83,793
2014 $22,783 $97,199 $13,406 $83,793
2013 $21,716 $97,199 $13,406 $83,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08542866

Midwest Real Estate Data (MRED)

APN: 05-21-313-013-0000