NOT LISTED FOR SALE

738 Tower Rd Winnetka, IL 60093

Estimated Value: $3,716,000 - $4,701,000

6 Beds
11 Baths
10,000 Sq Ft
$420/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $3,600,000 $360 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $28,080/month

108 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Double Shower
  • Formal Dining Room
  • Greeley Elementary School Rated A
  • Finished Attic
  • 3-minute walk to Tower Road Park

About This Home

As of December 2021

Outstanding beautiful LAKEFRONT red brick Georgian nestled between Tower & Lloyd beaches in the heart of East Winnetka! Spectacular lake views from all 4 floors of phenomenal space. Watch the sunrise & set. Gated entrance - a stunning grand foyer - entry w/ soaring ceilings, wide reception hall, sweeping staircase & views of the lake from living rm sets a tone of spirituality - soulfulness that carries throughout the home. Magnificent sweeping balconies that wrap around the back & side of the house. 1st floor w/circular entertaining space & oversized Chef's kitchen that opens to the family rm both with breathtaking views of the lake. Separate breakfast rm that overlooks gorgeous landscaped yard with fountain - also perfect for watching morning sunrises. Master suite w/more panoramic views, high ceilings, fireplace, spa bath, w-i-c & lofted office. 3 family beds w/ensuite baths, plus in-law/nanny suite w/kitchenette & sitting rm. 3rd flr ideal for yoga, weight, workout studio or 2nd home office. Amazing walk out LL perfect for entertaining all ages with fireplace, bar, movie theatre, 2 kitchenettes, tons of storage w/access path to beach. Private beach access owned by a few home owners, hence the lower taxes. Elevator to all floors. Extraordinary opportunity to own a lakefront property - priced to sell - best property in it's price range on the market! Make us an offer!

Last Agent to Sell the Property

Sarah Lyons

@properties Christie's International Real Estate License #475124188 Listed on: 07/30/2021

@properties Christie's International Real Estate

Co-Listed By

Paige Dooley

Compass License #475131775

Last Buyer's Agent

Jia Li

Jia Realty License #471009738

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70,825

Year Built

  • 2001

Lot Details

  • 0.59

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft with Fireplace
  • Finished Attic

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Dual Sinks
  • Double Shower
  • Steam Shower
  • Separate Shower

Finished Basement

  • Exterior Basement Entry
  • Fireplace in Basement
  • Finished Basement Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$70,825

Year Built

2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 3 Stories
  • Property Sub Type: 3 Stories
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Georgian
  • Co List Office Mls Id: MRD6147
  • Co List Office Phone: (847) 446-9600
  • Directions: SHERIDAN TO TOWER, EAST ON TOWER TO HOME.
  • Lot Size: 369X25X166X71X73X102X203
  • Master Model: GEORGIAN
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 2001

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Freezer, Range Hood
  • Has Basement: Full, Walkout
  • Fireplace Features: Gas Starter
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Separate Shower,Steam Shower,Double Sink,Double Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Basement,Loft
  • Total Sq Ft: 0
  • Attic: Finished
  • Full Bathrooms: 8
  • Half Bathrooms: 3
  • Possible Bedrooms: 6
  • Total Bedrooms: 6
  • Fireplaces: 5
  • Interior Amenities: Vaulted/Cathedral Ceilings, Elevator, Hardwood Floors, Heated Floors, Second Floor Laundry, Built-in Features
  • Dining Room Type: Bedroom 5, Bedroom 6, Breakfast Room, Great Room, Foyer, Office, Gallery, Mud Room, Kitchen, Theatre Room

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Balcony, Deck, Patio, Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Lot Features: Beach, Irregular Lot, Lake Front, Landscaped, Water View, Mature Trees
  • Other Structures: Other
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Driveway
  • Number of Cars: 6
  • Driveway: Asphalt,Brick
  • Garage Details: Garage Door Opener(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Garage Spaces: 3
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air
  • Electric: 200+ Amp Service
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Sewer: Public Sewer
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Greeley Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Junior High Dist: 203
  • Middle Or Junior School: Carleton W Washburne School

Lot Info

  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 55554.92
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Jan 11, 2022
Sold by
Tsang Corina
Bought by
Jiang Nan
Seller's Agent
Sarah Lyons
@properties Christie's International Real Estate
Buyer's Agent
Jia Li
Jia Realty
List Price
$3,925,000
Sold Price
$3,600,000
Premium/Discount to List
-$325,000
-8.28%
Current Estimated Value
$4,199,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$599,513
Avg. Annual Appreciation
2.70%

Purchase Details

Listed on
Jul 30, 2021
Closed on
Dec 8, 2021
Sold by
Tsang Corina
Bought by
Jiang Nan
Seller's Agent
Sarah Lyons
@properties Christie's International Real Estate
Buyer's Agent
Jia Li
Jia Realty
List Price
$3,925,000
Sold Price
$3,600,000
Premium/Discount to List
-$325,000
-8.28%

Purchase Details

Closed on
May 1, 2018
Sold by
Tsang Corina
Bought by
Tsang Corina

Purchase Details

Closed on
Aug 26, 1997
Sold by
Hands John M and Hands Sally M
Bought by
Tsang Tat Kin and Tsang Corina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.57%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jiang Nan -- --
Jiang Nan -- --
Tsang Corina -- None Available
Tsang Corina -- None Available
Tsang Tat Kin $733,333 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tsang Tat Kin $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $3,600,000 -8.3% $360 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $3,925,000 0.0% $393 / Sq Ft
09/11/2020 09/11/20 Rented $15,000 0.0% --
09/11/2020 09/11/20 For Rent $15,000 -- --
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 $70,825 $308,815 $72,080 $236,735
2023 $72,747 $308,815 $72,080 $236,735
2022 $72,747 $336,735 $72,080 $264,655
2021 $58,355 $224,856 $69,506 $155,350
2020 $57,426 $224,856 $69,506 $155,350
2019 $55,555 $244,409 $69,506 $174,903
2018 $68,894 $290,662 $56,634 $234,028
2017 $66,781 $290,662 $56,634 $234,028
2016 $66,007 $300,636 $56,634 $244,002
2015 $64,590 $265,146 $51,486 $213,660
2014 $69,526 $291,355 $51,486 $239,869
2013 $66,301 $291,355 $51,486 $239,869
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11173665

Midwest Real Estate Data (MRED)

APN: 05-16-106-004-0000