When was property at 557 Elder Lane built and last sold?

The property at 557 Elder Lane was built in 1914 and last sold on Jul 10, 2023 for $919,000.

How much is this home worth?

The estimated value of the home located at 557 Elder Lane is $0.

What are some comparable homes to 557 Elder Lane?

There are currently no comparable homes to 557 Elder Lane.

Winnetka

60093

557 Elder Lane

$919,000

● House - Off Market

557 Elder Lane

Winnetka, IL 60093

4 Beds

3 Baths, 1 Half Bath

2,244 Ft²

$916,492

RealtyHop Estimate

-0.27%

Since Aug 1, 2023

National-US

Primary Model

About This Property

4 Bedroom, 2 1/2 Bath 2 story home in East Winnetka close to train, Greeley Elementary, New Trier High school, park and beach on a 50 by 165 lot. Enclosed entry porch- living room with fireplace- sunny dining room- expansive family room opens to kitchen and mud room- up-dated powder room- first floor laundry. Spacious Primary bedroom with walk in closet & ceramic tiled bath with whirlpool tub and double sink vanity- 3 nicely scaled bedrooms- up dated hall bath. The basement has a finished recreation room. Expandable attic possibility-deck- patio- pretty yard- attached garage.

Unit Size

2,244 Ft²

Days on Market

Land Size

Price per sqft

$410

Property Type

House

Property Taxes

$1,024

HOA Dues

Year Built

1914

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11771633)

Price History

Date / Event	Date	Event
Jul 10, 2023	Sold	Premium
Sold
Apr 27, 2023	Listed by Coldwell Banker Realty	$919,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1914

Effective Year Built: 1914
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 28
Exterior Walls Type: 17
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 4
Parking Space Count: 1
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,250

Total Building Area: 1,692
Gross Building Area: 1,692
Building Area: 1,692
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 24
Heated Square Feet: 1,692
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: FARWELLS SUB
Land Acres: 0000000189
Standard Land Use Code: 1001
County Land Use Code: 2-05
Legal Description 1: (FARWELLS) SUB OF BLK17 IN J C GARLANDS ADD TO WINNET KA IN SEC 21-42-13

Neighborhood

School District Name: Winnetka School District 36

Census Tract: 800400

Geography

District: 23

Parcel: 05-21-313-012-0000
Block: 17
Lot: 11
Meridian: SEC 21 TWN 42N RNG 13E
Municipality: NEW TRIER
Latitude: 42.0979
Longitude: -87.7256

Address

Full Address: 557 Elder Ln

Address - House Number: 557
Address - Street Name: Elder
Address - Suffix Type: Ln
State: IL
City Name: Winnetka
Carrier Code: C003
4-Digit Zip Code: 4103
Zip Code: 60093

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,502,540
Tax Rate Code Area: 23008

Appraisal Valuation

Standard Deviation: 0.2271

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 909,172
High Value: 1,115,693
Low Value: 702,651

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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Second Open Lien Mortgage Lender:

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Second Open Lien Mortgage Loan Type:

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Second Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $750,000

Market Land Value: $272,250
Market Improvement Value: $477,750

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $75,000
Assessed Land Value: $27,225
Assessed Improvements Value: $47,775

Sales

Current Sale Contract Date: Jul 10, 2023

Current Sale Recording Date: Aug 09, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 40053

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

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First Mortgage Loan Amount:

Premium
First Mortgage Terms:

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First Mortgage Loan Type:

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Second Mortgage Lender:

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Second Mortgage Loan Amount:

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Second Mortgage Terms:

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Second Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Winnetka

Stats & Trends

Median Asking:

$1,859,500

Sale Price/ft²

$482

Above Asking

0.00%

Average Days on Market

Average Home Size

7421 ft²

Average Home Age

27.7 years

Currently For Sale

12 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$3,732 /mo

3 Beds
2 Baths
1,458 ft²

3119 Lake Avenue #E, Wilmette, IL, 60091 Listing by Lauren Evett

Unit for rent at 406 Sunset Drive, Wilmette, IL, 60091

$3,990 /mo

3 Beds
1 Bath
1,333 ft²

406 Sunset Drive, Wilmette, IL, 60091 Listing by Eray Unsal

Unit for rent at 531 Pinecrest Lane, Wilmette, IL, 60091

$3,750 /mo

3 Beds
1 Bath
1,486 ft²

531 Pinecrest Lane, Wilmette, IL, 60091 Listing by Kathy Lerner

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Betsy Barnes, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11771633

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

557 Elder Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Winnetka

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions