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1054 Tower Road

1054 Tower Road, Winnetka, IL 60093
House in New Trier
Sold May 20, 2020
$715,000
$548,250 by Guaranteed Rate Inc
Mortgage Due Feb 01, 2051
Sold Nov 15, 2016
$710,000
$568,000 by Jpmorgan Chase Bank Na
Mortgage Due Nov 01, 2046
1054 Tower Road in Winnetka, IL was first built in 1916 and is 108 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1054 Tower Road has 1,720 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 7,500 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a hot water heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1054 Tower Road sold most recently in Apr 19, 2020 for a total of $715,000. If you work out the math, that's approximately a cost of $415.70 per sqft. Before that, the property was also sold for $710,000 in Oct 14, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,547 in taxes each year. 1054 Tower Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $65,844. If we break it down further, the land itself was valued at $24,750. Improvements to the property, however, were assessed at a total of $41,094. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1916
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,720
  • Gross Building Area: 1,720
  • Building Area: 1,720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAYNARD COMPANYS HUBBARD WOODS
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E P (MAYNARD) COMPANYS (HUBBARD) (WOODS) SUB OF LTS 1 -3 EX E200 LT4 IN COUNTY CLERKS DIV SEC 17-42-13

Ownership

  • Current Owner : LULA JEFFERY
  • Current Owner 2: LULA KATHERINE
  • Previous Owner : WAGNER JOSHUA T
  • Previous Owner 2: WAGNER AMANDA G
  • Owner Before Previous Owner: BOULANGER JEFFREY
  • Owner Before Previous Owner 2: BOULANGER HEATHER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Winnetka School District 36
  • Census Tract: 800300

Geography

  • District: 23
  • Parcel: 05-17-302-008-0000
  • Lot: 1-4
  • Meridian: SEC 17 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.1154
  • Longitude: -87.7436

    Address

  • Full Address: 1054 Tower Rd
  • Address - House Number: 1054
  • Address - Street Name: Tower
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Winnetka
  • Carrier Code: C009
  • 4-Digit Zip Code: 1850
  • Zip Code: 60093

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,547
  • Tax Rate Code Area: 23008

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 907,791
  • High Value: 1,113,998
  • Low Value: 701,583

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,250
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Feb 26, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $548,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $658,440
  • Market Land Value: $247,500
  • Market Improvement Value: $410,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,844
  • Assessed Land Value: $24,750
  • Assessed Improvements Value: $41,094

    Sales

  • Current Sale Contract Date: Apr 19, 2020
  • Current Sale Recording Date: May 20, 2020
  • Current Sale Transaction ID: 11761217604
  • Current Sale Price: $715,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014121082
  • Previous Sale Recording Date: Nov 15, 2016
  • Previous Sale Contract Date: Oct 14, 2016
  • Previous Sale Amount: $710,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: May 20, 2020
  • First Mortgage Loan Amount: $572,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Nov 15, 2016
  • Previous Mortgage Loan Amount: $568,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2046

About Winnetka



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Frequently Asked Questions

What neighborhood is 1054 Tower Road located in?
The 1054 Tower Road is a house located in the neighborhood of New Trier in Winnetka, Winnetka.
What is the average sales price for listings in 1054 Tower Road?
The average sales price for units in 1054 Tower Road is $0 currently.

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