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730 Romona Road

730 Romona Road, Wilmette, IL 60091
Property in New Trier
Sold Nov 23, 2020
$1,250,000
$1,000,000 by Proper Rate Llc
Mortgage Due Oct 01, 2050
Sold Jan 18, 2018
$725,000
Buyer
Seller
$450,000 by First National Bank Of Brookfi
Mortgage Due Jan 16, 2019
730 Romona Road has been categorized by the local assessors in Wilmette, IL as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home has a total of 10 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 730 Romona Road has 3,952 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,118 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 730 Romona Road sold most recently in Aug 21, 2020 for a total of $1,250,000. If you work out the math, that's approximately a cost of $316.30 per sqft. Before that, the property was also sold for $725,000 in Jan 16, 2018. 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 $26,112 in taxes each year. 730 Romona Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $125,001. If we break it down further, the land itself was valued at $19,457. Improvements to the property, however, were assessed at a total of $105,544. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,118
  • Total Building Area: 3,952
  • Gross Building Area: 3,952
  • Building Area: 3,952
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,952
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SKYLERS ROMONA SUBDIVISION
  • Land Acres: 0.255
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HE MING
  • Current Owner 2: WU XIANGMEI
  • Previous Owner : SKYLER LLC
  • Owner Before Previous Owner: GILL GAIL M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: New Trier Township High School District 203
  • Census Tract: 800900

Geography

  • District: 23
  • Parcel: 05-32-104-122-0000
  • Municipality: NEW TRIER
  • Latitude: 42.0769
  • Longitude: -87.7465

    Address

  • Full Address: 730 Romona Rd
  • Address - House Number: 730
  • Address - Street Name: Romona
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Wilmette
  • Carrier Code: C022
  • 4-Digit Zip Code: 2172
  • Zip Code: 60091

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,112
  • Tax Rate Code Area: 23015

    Appraisal Valuation

  • Standard Deviation: 0.2274
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,478,521
  • High Value: 1,814,827
  • Low Value: 1,142,215

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: PROPER RATE LLC
  • First Open Lien Mortgage Recording Date: Nov 23, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $1,250,010
  • Market Land Value: $194,570
  • Market Improvement Value: $1,055,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,001
  • Assessed Land Value: $19,457
  • Assessed Improvements Value: $105,544

    Sales

  • Current Sale Contract Date: Aug 21, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Transaction ID: 11802647701
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2032646169
  • Previous Sale Recording Date: Jan 18, 2018
  • Previous Sale Contract Date: Jan 16, 2018
  • Previous Sale Amount: $725,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROPER RATE LLC
  • First Mortgage Transaction Date: Nov 23, 2020
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK OF BROOKFI
  • Previous Mortgage Transaction Date: Jan 18, 2018
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $450,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Jan 16, 2019

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Frequently Asked Questions

What neighborhood is 730 Romona Road located in?
The 730 Romona Road is a located in the neighborhood of New Trier in Wilmette, Wilmette.
What is the average sales price for listings in 730 Romona Road?
The average sales price for units in 730 Romona Road is $0 currently.

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