NOT LISTED FOR SALE

554 Longwood Ave Glencoe, IL 60022

Estimated Value: $4,367,000 - $5,869,000

6 Beds
8 Baths
8,400 Sq Ft
$636/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $3,400,000 $405 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $30,424/month

10 Days on Market

Highlights

  • Beach
  • Home Theater
  • Landscaped Professionally
  • Central School Rated A
  • Heated Floors
  • 4-minute walk to Lakefront Park

About This Home

As of May 2020

Magnificent French style home-approximately 8400 sq. ft. of finished space. Stone exterior on approximately a 0.5 acre lot in Prime Glencoe. Close to public beach, train and town. Featuring 6 bedrooms, 6.2 bath, 5 fireplaces, spectacular kitchen, LED lighting, foam insulation, smart home technology,4K media room, Walnut library, and refrigerated wine cellar. security system, back-up generator, outdoor fireplace. Incredible attention to detail. Sport court with 18' ceiling, volleyball net and built in TV. Agent owned/interest.

Last Agent to Sell the Property

Milena Birov

@properties Christie's International Real Estate License #475124345 Listed on: 03/24/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Laura Rubin Dresner

Baird & Warner License #475099021

Baird & Warner

Home Details

Home Type

  • Single Family

Year Built

  • 2019

Lot Details

  • Fenced Yard
  • Landscaped Professionally

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Shingle Roof
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Wood Burning Fireplace
  • Attached Fireplace Door
  • Home Theater
  • Library
  • Recreation Room
  • Game Room
  • Home Gym
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Steam Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Beach

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

2019

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: NEW Ready for Occupancy
  • New Construction: Y
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 5
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 6.2
  • Style Of House: Victorian
  • Type Detached: 3 Stories
  • Estimated Year Built: 2019
  • Tax Exemptions: Homeowner
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors, Heated Floors, 1st Floor Laundry, 2nd Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 15
  • Living Room: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Fireplace Details: Wood Burning, Attached Fireplace Doors/Screen
  • Attic: Full
  • Fireplace Location: Family Room, Master Bedroom, Basement
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 6
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Steam Shower
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 9X8, On Level: Main Level, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 22X19, On Level: Main Level, Flooring: Marble, Windows: None
  • Additional Rooms: 5th Bedroom, 6th Bedroom, Exercise Room, Game Room, Library, Media Room, Recreation Room
  • Master Bedroom: Dimensions: 19X16, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 12X12, On Level: Basement, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 16X14, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 3 Name: Library, Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Bedroom 3: Dimensions: 13X13, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 4 Name: Recreation Rm, Dimensions: 30X22, On Level: Basement, Flooring: Hardwood, Windows: None
  • Bedroom 4: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 5 Name: Exercise Rm, Dimensions: 17X15, On Level: Basement, Flooring: Hardwood, Windows: None
  • Additional Room 6 Name: Media Rm, Dimensions: 20X14, On Level: Basement, Flooring: Hardwood, Windows: None
  • Additional Room 7 Name: Game Rm, Dimensions: 28X18, On Level: Basement, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 8400
  • Dining Room Type: Separate
  • Family Room: Dimensions: 18X16, On Level: 2nd Level, Flooring: Hardwood, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Stone
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Patio
  • Acreage: 0.427

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 35
  • Elementary School #2: Central School

Lot Info

  • Lot Dimensions: 93.5 X 200
  • Lot Description: Beach, Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 05081000260000

Tax Info

  • Taxes: NEW

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
May 15, 2020
Sold by
554 Longwood Llc
Bought by
Chicago Title Land Trust Company and Trust Number 8002383282
Seller's Agent
Milena Birov
@properties Christie's International Real Estate
Buyer's Agent
Laura Rubin Dresner
Baird & Warner
List Price
$3,575,000
Sold Price
$3,400,000
Premium/Discount to List
-$175,000
-4.9%
Current Estimated Value
$4,776,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,376,125
Avg. Annual Appreciation
8.29%
Original Mortgage
$2,890,000
Outstanding Balance
$2,539,005
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$2,806,646

Purchase Details

Closed on
Sep 13, 2017
Sold by
Moran Donald J and Moran Lisa N
Bought by
554 Longwood Llc
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
Chicago Title Land Trust Company $3,400,000 Chicago Title
554 Longwood Llc $1,275,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chicago Title Land Trust Company $2,890,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2020 05/15/20 Sold $3,400,000 -4.9% $405 / Sq Ft
04/03/2020 04/03/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $3,575,000 -- $426 / 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 $68,355 $350,303 $52,080 $298,223
2024 $68,355 $254,568 $52,080 $202,488
2023 $63,817 $279,051 $52,080 $226,971
2022 $63,817 $279,051 $52,080 $226,971
2021 $56,486 $197,023 $50,220 $146,803
2020 $54,840 $197,023 $50,220 $146,803
2019 $56,905 $230,099 $50,220 $179,879
2018 $10,402 $40,920 $40,920 $0
2017 $38,814 $160,535 $40,920 $119,615
2016 $41,774 $182,651 $40,920 $141,731
2015 $32,052 $124,999 $37,200 $87,799
2014 $31,274 $124,999 $37,200 $87,799
2013 $29,817 $124,999 $37,200 $87,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10675548

Midwest Real Estate Data (MRED)

APN: 05-08-100-026-0000