NOT LISTED FOR SALE

1002 W Lincoln St Mount Prospect, IL 60056

Estimated Value: $383,000 - $471,000

2 Beds
1.5 Baths
1,182 Sq Ft
$361/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $228,000 $193 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,007/month

4 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Patio
  • Lions Park Elementary School Rated 9+
  • 2 Car Attached Garage
  • Living Room

About This Home

As of August 2014

Location, Location, Location! What a great home for under $250,000. Wonderful 2 bedroom Split Level with a 2 car attached garage. Dining room can be used as a 3rd bedroom if needed. Home is located in popular School District 57 and Prospect High School. Only 1 mile from the Metra Train. Only steps from the Mount Prospect Golf Course.

Last Agent to Sell the Property

Tom & Mary Zander

Berkshire Hathaway HomeServices Starck Real Estate License #471004159 Listed on: 06/13/2014

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Philip Defrancesco

Dapper Crown License #471018313

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,301

Year Built

  • Built in 1955

Lot Details

  • 10,001 Sq Ft Lot
  • Lot Dimensions are 79x126x79x128

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level Home
  • Tri-Level Property
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,182 Sq Ft Home
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Patio

Schools

  • Westbrook School For Young Learn Elementary School
  • Prospect High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,301

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1955
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1182
  • Room Type: Foyer
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 244900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: WESTBROOK SCHOOL FOR YOUNG LEARN
  • High School: PROSPECT HIGH SCHOOL
  • Middle/Junior School District: 57
  • Elementary School #2: LINCOLN JUNIOR HIGH SCHOOL

Lot Info

  • Lot Size Acres: 0.2296
  • Lot Dimensions: 79X126X79X128
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2300.94
  • Tax Year: 2012
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2014
Closed on
Jul 16, 2014
Sold by
Robertson Joan
Bought by
Tu Luhui
Seller's Agent
Tom & Mary Zander
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Philip Defrancesco
Dapper Crown
List Price
$244,900
Sold Price
$228,000
Premium/Discount to List
-$16,900
-6.9%
Current Estimated Value
$426,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,325
Avg. Annual Appreciation
5.84%
Original Mortgage
$168,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tu Luhui $228,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luhui Tu $145,100
Previous Owner Tu Luhui $168,000
Previous Owner Robertson Joan $71,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2014 08/28/14 Sold $228,000 -6.9% $193 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $244,900 -- $207 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,269 $33,000 $10,000 $23,000
2023 $7,923 $33,000 $10,000 $23,000
2022 $7,923 $33,000 $10,000 $23,000
2021 $6,609 $24,541 $6,500 $18,041
2020 $6,541 $24,541 $6,500 $18,041
2019 $6,538 $27,268 $6,500 $20,768
2018 $7,861 $29,130 $5,500 $23,630
2017 $8,936 $29,130 $5,500 $23,630
2016 $7,739 $29,130 $5,500 $23,630
2015 $7,403 $25,471 $4,500 $20,971
2014 $2,628 $25,471 $4,500 $20,971
2013 $2,688 $25,471 $4,500 $20,971
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08644495

Midwest Real Estate Data (MRED)

APN: 08-11-106-012-0000