NOT LISTED FOR SALE

562 Cherry St Winnetka, IL 60093

Estimated Value: $2,449,000 - $2,525,000

4 Beds
6 Baths
2,203 Sq Ft
$1,123/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $2,350,000 $1,067 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $16,070/month

8 Days on Market

Highlights

  • Second Kitchen
  • Landscaped Professionally
  • Wooded Lot
  • Greeley Elementary School Rated A
  • Recreation Room
  • 4-minute walk to Village Green Park

About This Home

As of June 2012

Traditional Nantucket style newer construction home features stunning new sophisticated interior,landscaping and finishes.Superb custom details include exquisite cook's kitchen, millwork, doors, soaring ceilings,HW floors and 4 FP's. Amazing LL boasts living and game areas, kitchen/bar area, sep.work out and craft rooms and 5th BR/BA.Spacious lot-2blks to Lake and close to train/town E. Winn. location. GORGEOUS!

Last Agent to Sell the Property

Pamela Kirby

@properties Christie's International Real Estate License #475135937 Listed on: 01/23/2012

@properties Christie's International Real Estate

Last Buyer's Agent

Joseph McInerney

Buyer's Advantage, Inc. License #471008265

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $35,420

Year Built

  • 2007

Lot Details

  • Landscaped Professionally
  • Wooded Lot

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Stone Siding
  • Cedar

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Mud Room
  • Entrance Foyer
  • Formal Dining Room
  • Library
  • Recreation Room
  • Play Room
  • Second Floor Utility Room
  • Laundry on upper level
  • Home Gym
  • Wood Flooring

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Kitchen Island

Bedrooms and Bathrooms

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

Finished Basement

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

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$35,420

Year Built

2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Architectural Style: Traditional
  • Type Detached: 2 Stories
  • Special Features: None
  • Year Built: 2007

Interior Features

  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer
  • Fireplaces: 4
  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 15
  • Equipment: Humidifier, TV-Cable, Security System, CO Detectors, Sump Pump
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Family Room, Living Room, Basement
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 20X16
  • Master Bedroom Flooring: Hardwood
  • Master Bedroom Window Treatments: Blinds
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 19X13
  • Second Bedroom Flooring: Hardwood
  • Second Bedroom Window Treatments: Blinds, Curtains/Drapes
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 16X13
  • Third Bedroom Flooring: Hardwood
  • Third Bedroom Window Treatments: Blinds, Curtains/Drapes
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 16X12
  • Fourth Bedroom Flooring: Hardwood
  • Fourth Bedroom Window Treatments: Blinds, Curtains/Drapes
  • Bathroom Amenities: Separate Shower, Steam Shower, Double Sink, Soaking Tub
  • Living Room Level: Main Level
  • Living Room Size: 18X14
  • Living Room Flooring: Hardwood
  • Living Room Window Treatments: Blinds, Curtains/Drapes
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 16X12
  • Dining Room Flooring: Hardwood
  • Dining Room Window Treatments: Blinds
  • Family Room Level: Main Level
  • Family Room Size: 24X16
  • Family Room Flooring: Hardwood
  • Family Room Window Treatments: Blinds
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Butler, Pantry-Closet
  • Kitchen Level: Main Level
  • Kitchen Size: 20X17
  • Kitchen Flooring: Hardwood
  • Kitchen Window Treatments: Blinds
  • Additional Rooms: 2nd Kitchen, Balcony, 5th Bedroom, Eating Area, Exercise Room, Foyer, Library, Mud Room, Play Room, Recreation Room, Utility Room-2nd Floor, Walk In Closet
  • Additional Room 1 Name: Eating Area
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 10X10
  • Additional Room 1 Flooring: Hardwood
  • Additional Room 1 Window Treatment: Blinds
  • Additional Room 2 Name: 5th Bdrm
  • Additional Room 2 Level: Basement
  • Additional Room 2 Size: 14X13
  • Additional Room 2 Flooring: Carpet
  • Additional Room 2 Window Treatment: Shades
  • Additional Room 3 Name: Library
  • Additional Room 3 Level: Main Level
  • Additional Room 3 Size: 15X12
  • Additional Room 3 Flooring: Hardwood
  • Additional Room 3 Window Treatment: Plantation Shutters
  • Additional Room 4 Name: Playroom
  • Additional Room 4 Level: Basement
  • Additional Room 4 Size: 23X22
  • Additional Room 4 Flooring: Carpet
  • Additional Room 4 Window Treatment: Blinds
  • Additional Room 5 Name: Recreation Rm
  • Additional Room 5 Level: Basement
  • Additional Room 5 Size: 25X15
  • Additional Room 5 Flooring: Carpet
  • Additional Room 5 Window Treatment: Blinds
  • Additional Room 6 Name: Exercise Rm
  • Additional Room 6 Level: Basement
  • Additional Room 6 Size: 15X12
  • Additional Room 6 Flooring: Wood Laminate
  • Additional Room 7 Level: Basement
  • Additional Room 7 Size: 17X13
  • Additional Room 7 Flooring: Wood Laminate
  • Additional Room 8 Name: Balcony
  • Additional Room 8 Level: 2nd Level
  • Additional Room 8 Size: 20X9
  • Additional Room 9 Name: 2nd Kitchen
  • Additional Room 9 Level: Basement
  • Additional Room 9 Size: 10X8
  • Additional Room 10 Name: Mud
  • Additional Room 10 Level: Main Level
  • Additional Room 10 Size: 18X8

Exterior Features

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

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated, 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt

Utilities

  • Cooling: Central Air, Zoned
  • Electricity: 200+ Amp Service
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • 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: 74X186
  • Lot Description: Landscaped Professionally, Wooded

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2019
Sold by
Palasz Karl and Palasz Karin
Bought by
Palasz Karl and Karl A Palasz Revocable Trust
Current Estimated Value
$2,407,387

Purchase Details

Listed on
Jan 23, 2012
Closed on
Jun 12, 2012
Sold by
Bergsrud Mark F and Bergsrud Christine M
Bought by
Palasz Karl and Palasz Karin
Seller's Agent
Pamela Kirby
@properties Christie's International Real Estate
Buyer's Agent
Joseph McInerney
Buyer's Advantage, Inc.
List Price
$2,595,000
Sold Price
$2,350,000
Premium/Discount to List
-$245,000
-9.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.51%
Original Mortgage
$1,100,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2010
Sold by
562 Cherry Llc
Bought by
Bergsrud Mark F and Bergsrud Christine M

Purchase Details

Closed on
Jul 29, 2005
Sold by
Hering Susan
Bought by
562 Cherry Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 18, 1996
Sold by
Nicolaides Richard H and Nicolaides Cynthia D
Bought by
Hering Susan
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
Palasz Karl -- None Available
Palasz Karl $2,350,000 Sterling Title Svcs
Bergsrud Mark F $2,335,000 Fidelity National Title
562 Cherry Llc $1,325,000 Ticor Title Insurance Compan
Hering Susan $545,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palasz Karl $1,071,000
Closed Palasz Karl $1,100,000
Previous Owner 562 Cherry Llc $2,239,250
Previous Owner 562 Cherry Llc $1,060,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2012 06/15/12 Sold $2,350,000 -9.4% $1,067 / Sq Ft
01/31/2012 01/31/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $2,595,000 -- $1,178 / 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 $35,420 $156,098 $45,665 $110,433
2023 $33,323 $156,098 $45,665 $110,433
2022 $33,323 $156,098 $45,665 $110,433
2021 $29,709 $117,806 $31,135 $86,671
2020 $29,294 $117,806 $31,135 $86,671
2019 $29,061 $128,050 $31,135 $96,915
2018 $40,863 $173,798 $26,984 $146,814
2017 $39,615 $173,798 $26,984 $146,814
2016 $37,925 $173,798 $26,984 $146,814
2015 $42,080 $173,656 $22,486 $151,170
2014 $41,190 $173,656 $22,486 $151,170
2013 $39,273 $173,656 $22,486 $151,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07980070

Midwest Real Estate Data (MRED)

APN: 05-21-124-003-0000