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1435 Tower Road

1435 Tower Road, Winnetka, IL 60093
House in New Trier
Sold Aug 18, 2020
$1,510,000
Sold Aug 15, 2013
$1,687,500
$900,000 by Guaranteed Rate Inc
Mortgage Due Jul 01, 2043
Local assessors in Winnetka, IL have categorized 1435 Tower Road as a residential type of property. The home was built in 1927 and is 97 years old. The property's lot size has been calculated to be 20,000 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 1,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 5 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 are 4 full bathrooms. There are also 5 partial bathrooms. 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 1435 Tower Road has a total of 4,966 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 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 masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a hot water 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, 1435 Tower Road sold most recently in Jun 29, 2020 for a total of $1,510,000. If you work out the math, that's approximately a cost of $304.07 per sqft. Before that, the property was also sold for $1,687,500 in Jun 19, 2013. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $30,246 in taxes each year. 1435 Tower Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $142,000. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $92,000. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,966
  • Gross Building Area: 4,966
  • Building Area: 4,966
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 4,966
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHICAGO & NORTH SHORE LAND
  • Land Acres: 0.459
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (CHICAGO) & (NORTH) SHORE (LAND) COMPANYS SUB IN SECS 17 & 18 SEC 18-42-13

Ownership

  • Current Owner : SANDERSON ROBERT RICHARD
  • Current Owner 2: SANDERSON REBECCA CORNELLI
  • Previous Owner : ZIMMER BRIAN J
  • Previous Owner 2: BRIAN J ZIMMER TRUST
  • Owner Before Previous Owner: KOWALSKI DAMAN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • District: 23
  • Parcel: 05-18-225-017-0000
  • Block: 20
  • Lot: 17,18
  • Meridian: SEC 18 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.1161
  • Longitude: -87.7577

    Address

  • Full Address: 1435 Tower Rd
  • Address - House Number: 1435
  • Address - Street Name: Tower
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Winnetka
  • Carrier Code: C008
  • 4-Digit Zip Code: 1628
  • Zip Code: 60093

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,246
  • Tax Rate Code Area: 23008

    Appraisal Valuation

  • Standard Deviation: 0.2009
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 1,762,621
  • High Value: 2,116,888
  • Low Value: 1,408,355

    Market Valuation

  • Market Total Value: $1,420,000
  • Market Land Value: $500,000
  • Market Improvement Value: $920,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $142,000
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $92,000

    Sales

  • Current Sale Contract Date: Jun 29, 2020
  • Current Sale Recording Date: Aug 18, 2020
  • Current Sale Transaction ID: 11781531333
  • Current Sale Price: $1,510,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2023107532
  • Previous Sale Recording Date: Aug 15, 2013
  • Previous Sale Contract Date: Jun 19, 2013
  • Previous Sale Amount: $1,687,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 18, 2020
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Aug 15, 2013
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $900,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jul 01, 2043

About Winnetka



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Frequently Asked Questions

What neighborhood is 1435 Tower Road located in?
The 1435 Tower Road is a house located in the neighborhood of New Trier in Winnetka, Winnetka.
What is the average sales price for listings in 1435 Tower Road?
The average sales price for units in 1435 Tower Road is $0 currently.

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