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1323 Central Avenue

1323 Central Avenue, Wilmette, IL 60091
Property in New Trier
Sold Jun 26, 2018
$1,699,000
$1,359,200 by First American Bank
Mortgage Due Jul 01, 2048
Sold Jan 16, 2013
$1,500,000
$975,000 by Jpmorgan Chase Bank Na
Mortgage Due Jan 01, 2043
1323 Central Avenue in Wilmette, IL was first built in 2013 and is 11 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 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1323 Central Avenue has 5,086 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 3,000. In total, the area measurement of the land is 15,000 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 are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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 wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a 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, 1323 Central Avenue sold most recently in Jun 19, 2018 for a total of $1,699,000. If you work out the math, that's approximately a cost of $334.05 per sqft. Before that, the property was also sold for $1,500,000 in Dec 19, 2012. 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 $42,096 in taxes each year. 1323 Central Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $196,000. If we break it down further, the land itself was valued at $41,250. Improvements to the property, however, were assessed at a total of $154,750. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 5,086
  • Gross Building Area: 5,086
  • Building Area: 5,086
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,086
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DINGEE & MCDANIELS RESUB BLKS
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 18 SUB BLK 3 IN DINGEE & MCDANI ELS RESUB BLKS 3 6 9 & 10 & S2 BLK 8 IN THE VILLAGE OF WILMETTE IN T4

Ownership

  • Current Owner : NELL O CONNOR WILLIAM
  • Current Owner 2: CONNOR NELL O
  • Previous Owner : LIN DAVID J
  • Owner Before Previous Owner: 1323 CENTRAL INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Trier Township High School District 203
  • Census Tract: 801100

Geography

  • District: 23
  • Parcel: 05-34-108-005-0000
  • Block: 3
  • Lot: 18
  • Meridian: SEC 34 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.0748
  • Longitude: -87.7115

    Address

  • Full Address: 1323 Central Ave
  • Address - House Number: 1323
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Wilmette
  • Carrier Code: C031
  • 4-Digit Zip Code: 2512
  • Zip Code: 60091

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $42,096
  • Tax Rate Code Area: 23015

    Appraisal Valuation

  • Standard Deviation: 0.2013
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 2,115,483
  • High Value: 2,541,436
  • Low Value: 1,689,530

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,359,200
  • First Open Lien Mortgage Lender: FIRST AMERICAN BANK
  • First Open Lien Mortgage Recording Date: Jun 26, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,359,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2048

    Market Valuation

  • Market Total Value: $1,960,000
  • Market Land Value: $412,500
  • Market Improvement Value: $1,547,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,000
  • Assessed Land Value: $41,250
  • Assessed Improvements Value: $154,750

    Sales

  • Current Sale Contract Date: Jun 19, 2018
  • Current Sale Recording Date: Jun 26, 2018
  • Current Sale Transaction ID: 11476275692
  • Current Sale Price: $1,699,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1817729124
  • Previous Sale Recording Date: Jan 16, 2013
  • Previous Sale Contract Date: Dec 19, 2012
  • Previous Sale Amount: $1,500,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST AMERICAN BANK
  • First Mortgage Transaction Date: Jun 26, 2018
  • First Mortgage Loan Amount: $1,359,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Jan 16, 2013
  • Previous Mortgage Loan Amount: $975,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2043

About Wilmette



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Frequently Asked Questions

What neighborhood is 1323 Central Avenue located in?
The 1323 Central Avenue is a located in the neighborhood of New Trier in Wilmette, Wilmette.
What is the average sales price for listings in 1323 Central Avenue?
The average sales price for units in 1323 Central Avenue is $0 currently.

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