NOT LISTED FOR SALE

700 Laurel Ave Wilmette, IL 60091

Estimated Value: $1,224,000 - $2,402,992

0.22 Acre
$8,610,595 Price per Acre
9,583 Sq Ft Lot

Last Sold July 30, 2020

Last sale price $665,000 $348 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $12,967/month

116 Days on Market

Highlights

  • Colonial Architecture
  • Detached Garage
  • Senior Tax Exemptions
  • Central Elementary School Rated A

About This Lot

As of July 2020

Attn Builders, a Rare find in East Wilmette, this is an incredible opportunity in Central S.D. Build your dream home! Located on a beautiful quiet st. Amazing access to the Lake & beach, shopping, downtown restaurants, Maple Park, both Metra & Purple lines, as well as NU'S sports complex. 9600 S.F 60x160 wooded lot. All ready for you!

Last Agent to Sell the Property

Thomas Rebarchak

Villager Realty License #475095693 Listed on: 03/17/2020

Last Buyer's Agent

Frank Capitanini

Compass License #475134485

Compass

Property Details

Property Type

  • Land

Lot Details

Parking

  • Detached Garage

Home Design

  • Colonial Architecture
  • Stucco Exterior

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: Commuter Train
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Current Use: Residential-Single Family
  • Number Rooms: 8
  • Potential Use: Residential-Single Family
  • Style Of House: Colonial
  • Total Listed Lots Avail: 1
  • Type Detached: 2 Stories
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Sewer-Storm Available
  • Zoning Type: SINGL
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: Full
  • Basement: Unfinished
  • Above Grade Bedrooms: 4
  • Land Description: Wooded
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Stucco
  • Acreage: 0.22
  • Construction: Brick
  • Frontage Access: City Street
  • Front Footage: 60

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 39

Lot Info

  • Lot Dimensions: 60X160X60X160
  • Estimated Land Sq Ft: 9600
  • Land Amenities: Fencing, Sidewalks
  • Parcel Identification Number: 05342200140000

Building Info

  • Building Improvements: House
  • Buildings On Land: Yes

Tax Info

  • Taxes: 14866.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2021
Sold by
Dano Luxury Homes Llc
Bought by
Butts Christopher and Butts Laura
Current Estimated Value
$1,894,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,522,500
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2020
Closed on
Jul 29, 2020
Sold by
Daly James M and Daly Mary Helen
Bought by
Dano Luxury Homes Llc
Seller's Agent
Thomas Rebarchak
Villager Realty
Buyer's Agent
Frank Capitanini
Compass
List Price
$739,900
Sold Price
$665,000
Premium/Discount to List
-$74,900
-10.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Butts Christopher $2,030,000 First American Title
Dano Luxury Homes Llc $665,000 Saturn Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butts Christopher $1,522,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold $665,000 -10.1% $348 / Sq Ft
07/11/2020 07/11/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $739,900 -- $388 / 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 $36,741 $250,000 $31,200 $218,800
2024 $36,741 $161,917 $26,400 $135,517
2023 $34,776 $161,917 $26,400 $135,517
2022 $34,776 $161,917 $26,400 $135,517
2021 $50,278 $193,529 $21,120 $172,409
2020 $11,541 $50,398 $21,120 $29,278
2019 $14,217 $69,180 $21,120 $48,060
2018 $14,867 $75,395 $18,240 $57,155
2017 $14,203 $75,395 $18,240 $57,155
2016 $16,022 $77,992 $18,240 $59,752
2015 $14,102 $61,304 $15,120 $46,184
2014 $13,901 $61,304 $15,120 $46,184
2013 $14,345 $65,995 $15,120 $50,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10671742

Midwest Real Estate Data (MRED)

APN: 05-34-220-014-0000