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1514 Central Avenue

1514 Central Avenue, Wilmette, IL 60091
Property in New Trier
Sold Jan 05, 2017
$1,020,000
$816,000 by Jpmorgan Chase Bank Na
Mortgage Due Jan 01, 2047
Sold Nov 10, 2015
$1,050,500
$839,800 by Baxter Cu
Mortgage Due Nov 01, 2045
Local assessors in Wilmette, IL have categorized 1514 Central Avenue as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 7,700 square feet. The linear feet between the front and back of the lot was measured at 1,520 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 are 2 full bathrooms. There are also 3 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 1514 Central Avenue has a total of 2,858 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 detached 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. 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 stucco 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 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1514 Central Avenue was last sold in Oct 15, 2016 for $1,020,000. According to our calculations, that's $356.89 per sqft. Prior to that sales transaction, the property was sold for $1,050,500 in Oct 15, 2015. Current property owners are expected to pay $21,940 in taxes per year. The property on 1514 Central Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $100,055. To break that down further, the land itself was valued at $21,175. While improvements to the property were assessed at a total of $78,880. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • 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: 2

    Dimensions

  • Lot Size Square Feet: 7,700
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,858
  • Gross Building Area: 2,858
  • Building Area: 2,858
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,858
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KINGS ADD TO WILMETTE
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (KINGS) ADD TO (WILMETTE) A SUB OF PT OF SE NE SEC 33-42-13

Ownership

  • Current Owner : HANNAWA NORMAN J
  • Current Owner 2: HANNAWA DIANE Y
  • Previous Owner : BECKER JEFFREY
  • Previous Owner 2: BECKER ALLISON
  • Owner Before Previous Owner: WARDROP DUNCAN
  • Owner Before Previous Owner 2: WARDROP JACQUELINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 23
  • Parcel: 05-33-215-017-0000
  • Lot: 36
  • Meridian: SEC 33 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.074
  • Longitude: -87.7153

    Address

  • Full Address: 1514 Central Ave
  • Address - House Number: 1514
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Wilmette
  • Carrier Code: C048
  • 4-Digit Zip Code: 2402
  • Zip Code: 60091

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,940
  • Tax Rate Code Area: 23015

    Appraisal Valuation

  • Standard Deviation: 0.2274
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,267,817
  • High Value: 1,556,196
  • Low Value: 979,438

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $816,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jan 05, 2017
  • First Open Lien Mortgage Loan Amount: $816,000
  • 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: Jan 01, 2047

    Market Valuation

  • Market Total Value: $1,000,550
  • Market Land Value: $211,750
  • Market Improvement Value: $788,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,055
  • Assessed Land Value: $21,175
  • Assessed Improvements Value: $78,880

    Sales

  • Current Sale Contract Date: Oct 15, 2016
  • Current Sale Recording Date: Jan 05, 2017
  • Current Sale Transaction ID: 1916790515
  • Current Sale Price: $1,020,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1700501077
  • Previous Sale Recording Date: Nov 10, 2015
  • Previous Sale Contract Date: Oct 15, 2015
  • Previous Sale Amount: $1,050,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jan 05, 2017
  • First Mortgage Loan Amount: $816,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: BAXTER CU
  • Previous Mortgage Transaction Date: Nov 10, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $839,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Nov 01, 2045

About Wilmette



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Nearby Rentals

Unit for rent at 1928 Harrison St 2, EVANSTON, IL, 60035

$3,450 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
1928 Harrison St 2 #Unit 2, EVANSTON, IL, 60035 Listing by Manager

Frequently Asked Questions

What neighborhood is 1514 Central Avenue located in?
The 1514 Central Avenue is a located in the neighborhood of New Trier in Wilmette, Wilmette.
What is the average sales price for listings in 1514 Central Avenue?
The average sales price for units in 1514 Central Avenue is $0 currently.

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