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1345 Elmwood Avenue

1345 Elmwood Avenue, Wilmette, IL 60091
Property in New Trier
Sold Nov 18, 2008
$400,000
$320,000 by Pacific Global Bank
Mortgage Due Nov 01, 2038
Local assessors in Wilmette, IL have categorized 1345 Elmwood Avenue as a residential type of property. The home was built in 1907 and is 117 years old. The property's lot size has been calculated to be 5,500 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1345 Elmwood Avenue has a total of 1,074 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1345 Elmwood Avenue sold most recently in Oct 31, 2008 for a total of $400,000. If you work out the math, that's approximately a cost of $372.44 per sqft. 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 $11,508 in taxes each year. 1345 Elmwood Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $57,000. If we break it down further, the land itself was valued at $15,125. Improvements to the property, however, were assessed at a total of $41,875. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1907
  • Effective Year Built: 1907
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 5,500
  • Total Building Area: 1,074
  • Gross Building Area: 1,074
  • Building Area: 1,074
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,074
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GROWERS RESUB
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SUN JILI
  • Current Owner 2: HO MING YAN
  • Previous Owner : LANG RICHARD
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: New Trier Township High School District 203
  • Census Tract: 801300

Geography

  • District: 23
  • Parcel: 05-27-313-002-0000
  • Lot: 16,17
  • Meridian: SEC 27 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.0813
  • Longitude: -87.712

    Address

  • Full Address: 1345 Elmwood Ave
  • Address - House Number: 1345
  • Address - Street Name: Elmwood
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Wilmette
  • Carrier Code: C028
  • 4-Digit Zip Code: 1648
  • Zip Code: 60091

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,508
  • Tax Rate Code Area: 23015

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 649,896
  • High Value: 798,293
  • Low Value: 501,499

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: PACIFIC GLOBAL BANK
  • First Open Lien Mortgage Recording Date: Nov 18, 2008
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $320,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2038

    Market Valuation

  • Market Total Value: $570,000
  • Market Land Value: $151,250
  • Market Improvement Value: $418,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,000
  • Assessed Land Value: $15,125
  • Assessed Improvements Value: $41,875

    Sales

  • Current Sale Contract Date: Oct 31, 2008
  • Current Sale Recording Date: Nov 18, 2008
  • Current Sale Transaction ID: 1143596751
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0832335190

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC GLOBAL BANK
  • First Mortgage Transaction Date: Nov 18, 2008
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Nov 01, 2038

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Wilmette



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Frequently Asked Questions

What neighborhood is 1345 Elmwood Avenue located in?
The 1345 Elmwood Avenue is a located in the neighborhood of New Trier in Wilmette, Wilmette.
What is the average sales price for listings in 1345 Elmwood Avenue?
The average sales price for units in 1345 Elmwood Avenue is $0 currently.

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