NOT LISTED FOR SALE

703 Prospect Ave Winnetka, IL 60093

Estimated Value: $2,770,000 - $3,130,000

5 Beds
4 Baths
3,594 Sq Ft
$826/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $2,125,000 $591 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $18,826/month

52 Days on Market

Highlights

  • Rooftop Deck
  • Heated Floors
  • Steam Shower
  • Greeley Elementary School Rated A
  • Heated Sun or Florida Room
  • 3-minute walk to Sheridan Park

About This Home

As of March 2018

The perfect blend of style & comfort, this home will "WOW" you as soon as you enter! Pristine renovation with a designer's touch on glorious 1/2 acre "in town" property. Classic Georgian blends charm of yesteryear with all desired amenities of today. Stunning white kitchen, gracious living room opens to sunroom, family room off kitchen w/French doors to both patios, master suite with treetop views from private terrace, all new marble baths, cozy library, charming 2nd floor office, the perfect mudroom, ...the list goes on. Every room a treasure! Fabulous setting takes advantage of all Winnetka offers- lush privacy yet close to town, train, and beach. Captivating interior spaces, gorgeous grounds and a coveted location combine to make this a special opportunity!

Last Agent to Sell the Property

Sandy Clifton

Coldwell Banker Realty Listed on: 09/11/2017

Last Buyer's Agent

Monica Corbett

Compass License #475140187

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,793

Year Built | Renovated

  • 1960 | 2015

Lot Details

  • 0.45

Parking

  • Attached Garage
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Bar Fridge
  • Mud Room
  • Dining Area
  • Home Office
  • Library
  • Heated Sun or Florida Room
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Steam Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck
  • Patio

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,793

Year Built | Renovated

1960 | 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Age: Unknown
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2015
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 2 Stories
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960
  • Year Renovated: 2015

Interior Features

  • Interior Property Features: Hardwood Floors, Heated Floors
  • Number Of Rooms: 13
  • Living Room: Dimensions: 21X17, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal, Wine Cooler/Refrigerator, Range Hood
  • Equipment: Security System, Sprinkler-Lawn
  • Fireplace Location: Living Room
  • Basement: Partial
  • Basement: Partially Finished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Steam Shower, Double Sink
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 13X18, On Level: Basement, Flooring: Other
  • Dining Room: Dimensions: 12X22, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X18, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Eating Area, Office, Library, Sun/Florida Room Heated, Mud Room
  • Master Bedroom: Dimensions: 18X20, On Level: 2nd Level
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 13X13, On Level: 2nd Level
  • Additional Room 2 Name: Eating Area, Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X15, On Level: 2nd Level
  • Bedroom 3: Dimensions: 11X17, On Level: 2nd Level
  • Additional Room 4 Name: Office, Dimensions: 9X8, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 12X14, On Level: 2nd Level
  • Additional Room 5 Name: Library, Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 6 Name: Sun/Florida Room Heated, Dimensions: 9X26, On Level: Main Level
  • Additional Room 7 Name: Mud, Dimensions: 9X13, On Level: Main Level
  • Dining Room Type: Separate
  • Family Room: Dimensions: 15X19, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Exterior Property Features: Patio, Roof Deck
  • Acreage: 0.4505

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air, Space Pac
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Baseboard, Radiant

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

Lot Info

  • Lot Dimensions: 249X172X141X81
  • Parcel Identification Number: 05161010220000

Tax Info

  • Taxes: 28520.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2019
Sold by
Guerra Heh Jeffrey B and Guerra Heh Particia
Bought by
Guerra Heh Patricia
Total Days on Market
52
Current Estimated Value
$2,969,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,533,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2017
Closed on
Mar 15, 2018
Sold by
Ferguson William K and Ferguson Wendy
Bought by
Guerra Heh Jeffrey B and Guerra Heh Patricia
Seller's Agent
Sandy Clifton
Coldwell Banker Realty
Buyer's Agent
Monica Corbett
Compass
List Price
$2,249,000
Sold Price
$2,125,000
Premium/Discount to List
-$124,000
-5.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$1,700,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2007
Sold by
George Carol B
Bought by
Ferguson William K and Ferguson Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 26, 2004
Sold by
George Raymond E
Bought by
George Carol

Purchase Details

Closed on
Dec 3, 1998
Sold by
Lasalle National Bank
Bought by
George Carol B and Carol B George Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$816,000
Interest Rate
8.25%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Guerra Heh Patricia -- Title Company Llc
Guerra Heh Jeffrey B $2,125,000 None Available
Ferguson William K $2,150,000 Centennial Title
George Carol -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heh Patricia Guerra $1,480,000
Closed Heh Patricia Guerra $1,495,000
Closed Guerra Heh Patricia $1,533,000
Closed Guerra Heh Jeffrey B $1,700,000
Previous Owner Ferguson William K $413,162
Previous Owner Ferguson William K $210,000
Previous Owner George Carol B $816,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Sold $2,125,000 -5.5% $591 / Sq Ft
11/02/2017 11/02/17 Pending -- -- --
09/11/2017 09/11/17 For Sale $2,249,000 -- $626 / 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 $36,793 $172,001 $64,763 $107,238
2023 $36,793 $172,001 $64,763 $107,238
2022 $36,793 $172,001 $64,763 $107,238
2021 $29,241 $116,001 $44,156 $71,845
2020 $28,833 $116,001 $44,156 $71,845
2019 $29,403 $126,089 $44,156 $81,933
2018 $30,406 $130,203 $38,268 $91,935
2017 $29,482 $130,203 $38,268 $91,935
2016 $28,520 $131,317 $38,268 $93,049
2015 $28,290 $117,607 $31,890 $85,717
2014 $27,696 $117,607 $31,890 $85,717
2013 $32,923 $146,003 $31,890 $114,113
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09746623

Midwest Real Estate Data (MRED)

APN: 05-16-101-022-0000