NOT LISTED FOR SALE

723 Laurel Ave Wilmette, IL 60091

Estimated Value: $1,755,000 - $2,123,000

5 Beds
5 Baths
3,569 Sq Ft
$529/Sq Ft Est. Value

Last Sold May 16, 2023

Last sale price $1,527,500 $428 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $12,173/month

2 Days on Market

Highlights

  • Rooftop Deck
  • Colonial Architecture
  • Recreation Room
  • Central Elementary School Rated A
  • Property is near park
  • Wood Flooring

About This Home

As of May 2023

Welcome home to this classic beauty located on one of East Wilmette's most desired streets, Laurel Avenue. This beautiful red brick 5 bedroom, 3 full and 2 half bath home sits on a huge 50x224 foot lot in the center of the 700 block of Laurel. The first floor has a beautifully laid out floor plan to accommodate the largest of gatherings. Walk up to your front porch into your gracious foyer with front hall closet. There is an extra-large sundrenched living room that welcomes you with a gas fireplace, separate dining room, family room off your eat in kitchen with island, laundry room and two mud room areas with tons of storage! The 2nd floor has 3 generously sized bedrooms with hall bath plus your primary suite that has a full bathroom, walk in closet and private roof top deck (new composite rooftop deck in 2022). The 3rd floor has a 5th bedroom, full bathroom and flex/bonus room area. The basement is finished with a recreation room, two private offices, kitchenette, half bath plus workroom/storage room. Finally, walk out your backdoor to your expansive brand-new composite deck overlooking your 224-foot back yard with 2.5 car garage. This home is walkable to trains, town, schools, parks and the lake front. 1st and 2nd floor addition were done in 1990. Roof is 2022.

Last Agent to Sell the Property

Courtney Cook

@properties Christie's International Real Estate License #475120240 Listed on: 04/12/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Katharine Hackett

@properties Christie's International Real Estate License #475128035

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,000

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 50x224
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Space is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 3,569 Sq Ft Home
  • 3-Story Property
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Wood Flooring
  • Finished Attic

Kitchen

  • Cooktop
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Balcony
  • Rooftop Deck

Location

  • Property is near park

Schools

  • Central Elementary School
  • Highcrest Middle School
  • New Trier Twp High School Northfield/Wi

Utilities

  • SpacePak Central Air
  • Heating System Uses Steam

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,000

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • LivingArea: 3569
  • Room Type: Bedroom 5, Breakfast Room, Office, Bonus Room, Recreation Room, Balcony/Porch/Lanai, Deck
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Square Footage Comments: May not include basement.
  • Total Sq Ft: 0
  • Attic: Finished
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Roof Deck
  • Lot Features: Fenced Yard, Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Space Pac
  • Heating: Steam
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Central Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: Highcrest Middle School

Lot Info

  • Lot Dimensions: 50X224
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 24000.13
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
May 16, 2023
Sold by
Richard H Axelrod Revocable Trust
Bought by
Sloan James Martin and Sloan Jennifer
Seller's Agent
Courtney Cook
@properties Christie's International Real Estate
Buyer's Agent
Katharine Hackett
@properties Christie's International Real Estate
List Price
$1,475,000
Sold Price
$1,527,500
Premium/Discount to List
$52,500
3.56%
Views
50
Current Estimated Value
$1,886,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,126
Avg. Annual Appreciation
8.23%
Original Mortgage
$1,027,500
Outstanding Balance
$996,238
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$890,388

Purchase Details

Listed on
Apr 12, 2023
Closed on
Mar 30, 2023
Sold by
Axelrod Richard H
Bought by
Richard H Axelrod Revocable Trust
Seller's Agent
Courtney Cook
@properties Christie's International Real Estate
Buyer's Agent
Katharine Hackett
@properties Christie's International Real Estate
List Price
$1,475,000
Sold Price
$1,527,500
Premium/Discount to List
$52,500
3.56%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,027,500
Outstanding Balance
$996,238
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$890,388

Purchase Details

Closed on
Jan 23, 2015
Sold by
Axelrod Richard H and Axelrod Emily M
Bought by
Axelrod Richard H and The Richard H Axelrod Living Trust

Purchase Details

Closed on
Mar 28, 2000
Sold by
Axelrod Emily M
Bought by
Axelrod Richard H and Richard H Axelrod Revocable Trust
Source: Public Records
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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
Sloan James Martin $1,527,500 None Listed On Document
Richard H Axelrod Revocable Trust -- Proper Title
Axelrod Richard H -- None Available
Axelrod Richard H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sloan James Martin $1,027,500
Previous Owner Richard H Axelrod Revocable Trust $818,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2023 05/16/23 Sold $1,527,500 +3.6% $428 / Sq Ft
04/15/2023 04/15/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $1,475,000 -- $413 / 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 $27,691 $174,700 $36,400 $138,300
2024 $27,691 $128,000 $30,800 $97,200
2023 $26,169 $128,000 $30,800 $97,200
2022 $26,169 $128,000 $30,800 $97,200
2021 $24,000 $98,376 $24,640 $73,736
2020 $26,182 $108,039 $24,640 $83,399
2019 $25,381 $117,434 $24,640 $92,794
2018 $23,265 $103,974 $21,280 $82,694
2017 $22,647 $103,974 $21,280 $82,694
2016 $21,669 $103,974 $21,280 $82,694
2015 $21,226 $90,000 $17,640 $72,360
2014 $20,911 $90,000 $17,640 $72,360
2013 $19,946 $90,000 $17,640 $72,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11757231

Midwest Real Estate Data (MRED)

APN: 05-34-223-004-0000