NOT LISTED FOR SALE

557 Winnetka Ave Winnetka, IL 60093

Estimated Value: $1,409,000 - $1,526,000

5 Beds
4 Baths
2,128 Sq Ft
$685/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $915,000 $430 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $9,464/month

11 Days on Market

Highlights

  • Heated Floors
  • 4-minute walk to Indian Hill Station
  • Recreation Room
  • Greeley Elementary School Rated A
  • Colonial Architecture
  • 4-minute walk to Indian Hill Park

About This Home

As of August 2020

Spectacular renovation of this charming center-entry colonial in the heart of Winnetka! This expansive and open floor plan with gleaming hardwood floors and generous room sizes provide everyday functionality and flexibility. A fantastic cook's kitchen with huge island, high-end appliances, and gorgeous countertops is open to a lovely dining room flooded with natural light. A large living room with a beautiful fireplace leads to a super cute playroom or office with coffered ceilings and views to the enormous backyard. Upstairs is an expansive primary suite with dual walk-in closets and a fabulous 5-piece marble bath with duals sinks, soaking tub, and heated floors. 2 additional bedrooms, a super-cute hall bath, and the all-important 2nd floor laundry room round out this floor. An open and airy staircase leads to the 3rd floor with awesome playroom, and 4th bedroom. The lower level features a huge recreation room, 5th bedroom or home office, full bath, and plenty of storage. Outside you'll find a lovely paver patio, detached 2-car garage, and your own park-like backyard. Welcome home to 557 Winnetka Ave!

Last Agent to Sell the Property

David Chung

Compass License #475170036 Listed on: 07/17/2020

Compass

Co-Listed By

Amy Chung

Compass License #475172212

Last Buyer's Agent

Amy Duong Kim

Compass License #471005863

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,444

Year Built | Renovated

  • 1925 | 2017

Lot Details

  • 10,019

Parking

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

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Shake Siding
  • Cedar

Interior Spaces

  • Bar Fridge
  • Dry Bar
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Recreation Room
  • Play Room
  • Storm Screens

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Bar Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

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

Utilities

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

Additional Features

  • Brick Porch or Patio
  • Fenced Yard

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,444

Year Built | Renovated

1925 | 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Recent Rehab: Yes
  • Age: 91-100 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2017
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Colonial
  • Type Detached: 3 Stories
  • Estimated Year Built: 1925
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925
  • Year Renovated: 2017

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Dry, Hardwood Floors, Heated Floors, 2nd Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 11
  • Living Room: Dimensions: 26X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Range Hood
  • Equipment: TV-Cable, Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Logs
  • Attic: Dormer, Finished, Interior Stair
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Full Body Spray Shower, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 7X5, On Level: 2nd Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Kitchen Type: Island
  • Additional Rooms: 5th Bedroom, Recreation Room, Play Room
  • Master Bedroom: Dimensions: 16X13, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 11X9, On Level: Basement
  • Additional Room 2 Name: Recreation Rm, Dimensions: 25X24, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X12, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 3 Name: Playroom, Dimensions: 20X14, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Bedroom 4: Dimensions: 15X13, On Level: 3rd Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 2128
  • Family Room: Dimensions: 13X9, On Level: Main Level, Flooring: Hardwood, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar, Shakes
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Brick Paver Patio, Storms/Screens
  • Acreage: 0.2388

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • 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, Space Pac
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Hot Water/Steam

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
  • Elementary School #2: THE SKOKIE SCHOOL

Lot Info

  • Lot Dimensions: 51X215X49X212
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 05213220240000

Tax Info

  • Taxes: 13815.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 28, 2020
Sold by
Klein Jason M and Mcmahon Allison M
Bought by
Russell Thomas and Russell Sunny
Seller's Agent
David Chung
Compass
Buyer's Agent
Amy Duong Kim
Compass
List Price
$949,000
Sold Price
$915,000
Premium/Discount to List
-$34,000
-3.58%
Current Estimated Value
$1,458,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$543,054
Avg. Annual Appreciation
9.57%
Original Mortgage
$732,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2017
Sold by
Echofoxtrot Llc
Bought by
Klein Jason M and Mcmahon Allison M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2015
Closed on
Oct 29, 2015
Sold by
Nscb Sfr Llc
Bought by
Echofoxtrot Llc
Seller's Agent
Frank Nash
Baird & Warner
Buyer's Agent
Frank Nash
Baird & Warner
List Price
$499,000
Sold Price
$506,500
Premium/Discount to List
$7,500
1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%
Original Mortgage
$930,000
Interest Rate
5%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 2, 2015
Sold by
Romano John M
Bought by
Nscb Sfr Llc

Purchase Details

Closed on
Jul 7, 2014
Sold by
Romano Kathy M
Bought by
Romano John M

Purchase Details

Closed on
Sep 5, 2001
Sold by
Bennett Suzanne W
Bought by
Romano John M and Romano Kathy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
6.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 19, 1995
Sold by
Bennett Donaldson K and Bennett Suzanne W
Bought by
Bennett Suzanne W and Suzanne W Bennett Trust
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
Russell Thomas $915,000 Stewart Title Company
Klein Jason M $935,000 Illinois Statutory
Echofoxtrot Llc $506,500 Git
Nscb Sfr Llc -- None Available
Romano John M -- None Available
Romano John M -- --
Bennett Suzanne W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell Thomas $732,000
Previous Owner Klein Jason M $635,000
Previous Owner Echofoxtrot Llc $930,000
Previous Owner Romano John M $177,000
Previous Owner Romano John M $442,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2020 08/31/20 Sold $915,000 -3.6% $430 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $949,000 +87.4% $446 / Sq Ft
11/02/2015 11/02/15 Sold $506,500 +1.5% $238 / Sq Ft View Prior Sale
09/28/2015 09/28/15 Pending -- -- --
09/18/2015 09/18/15 For Sale $499,000 -- $234 / 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 $20,444 $91,500 $28,600 $62,900
2023 $19,224 $91,500 $28,600 $62,900
2022 $19,224 $91,500 $28,600 $62,900
2021 $14,100 $57,661 $20,800 $36,861
2020 $13,934 $57,661 $20,800 $36,861
2019 $13,816 $62,676 $20,800 $41,876
2018 $16,177 $70,880 $17,680 $53,200
2017 $15,692 $70,880 $17,680 $53,200
2016 $16,242 $75,860 $17,680 $58,180
2015 $16,759 $70,740 $14,560 $56,180
2014 $16,413 $70,740 $14,560 $56,180
2013 $15,640 $70,740 $14,560 $56,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10777343

Midwest Real Estate Data (MRED)

APN: 05-21-322-024-0000