NOT LISTED FOR SALE

123 S Lancaster St Mount Prospect, IL 60056

Estimated Value: $664,000 - $876,000

4 Beds
3 Baths
2,870 Sq Ft
$255/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $585,000 $204 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,912/month

97 Days on Market

Highlights

  • Colonial Architecture
  • Property is near park and bus stop
  • Vaulted Ceiling
  • Lions Park Elementary School Rated 10
  • Recreation Room
  • Wood Flooring

About This Home

As of September 2016

Stunning 4/5 BR, 2.1 Bath Colonial in beautiful We-Go Park. Welcoming front porch leads to ceramic entry. Spacious Living and Dining rooms with hardwood floors, crown molding and terrific natural light. Gorgeous eat-in Kitchen with breakfast bar, separate eating area with pass thru, SS appliances and granite counters. Large Family Room with vaulted ceiling, new carpet, access to both Kitchen and Dining rooms and slider to paver patio. First floor office could convert to 5th bedroom. Master bedroom with private custom bath and WIC. Lower level offers finished Rec Room with new drop ceiling, separate storage/utility areas and large concrete crawl. Copper piping and upgraded 200 amp electrical service. Concrete drive and 2.5 car oversized garage with extra storage. Beautiful yard opens to rear private park area. Great location - Close to downtown Mt. Prospect, Metra train, parks and golf course. Highly desired District 57 schools and Prospect High School. You won't be disappointed!

Last Agent to Sell the Property

Anne Winski

Century 21 Langos & Christian Listed on: 04/18/2016

Last Buyer's Agent

Laura Parisi

@properties Christie?s International Real Estate License #475163022

@properties Christie?s International Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • 1959

Lot Details

  • 8,146

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Home Office
  • Recreation Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Crawl Space

Utilities

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

Additional Features

  • Brick Porch or Patio
  • East or West Exposure
  • Property is near park and bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1959
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors
  • Number Of Rooms: 10
  • Living Room: Dimensions: 24X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan, Fan-Whole House, Sump Pump
  • Basement: Partial
  • Basement: Partially Finished, Crawl
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 16X10, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space
  • Additional Rooms: Office, Recreation Room, Utility Room-Lower Level, Walk In Closet
  • Master Bedroom: Dimensions: 17X13, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Office, Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Recreation Rm, Dimensions: 23X17, On Level: Basement, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 15X11, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Utility Room-Lower Level, Dimensions: 23X11, On Level: Basement, Flooring: Other
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: Walk in Closet, Dimensions: 9X9, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 11X10, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 2870
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 20X16, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch, Brick Paver Patio, Storms/Screens
  • Exposure: W (West)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 57

Lot Info

  • Lot Dimensions: 55 X 125
  • Lot Description: Park Adjacent
  • Parcel Identification Number: 08111100210000

Tax Info

  • Taxes: 10543

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2017
Sold by
Kemp Brian D and Kemp Mary E
Bought by
Kemp Brian D and Kemp Mary E
Current Estimated Value
$732,751

Purchase Details

Listed on
Apr 18, 2016
Closed on
Sep 28, 2016
Sold by
Cavanagh Michael T and Cavanagh Deborah A
Bought by
Kemp Brian D and Kemp Mary E
Seller's Agent
Anne Winski
Century 21 Langos & Christian
Buyer's Agent
Laura Parisi
@properties Christie?s International Real Estate
List Price
$625,000
Sold Price
$585,000
Premium/Discount to List
-$40,000
-6.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.44%
Original Mortgage
$468,000
Outstanding Balance
$370,767
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$361,984

Purchase Details

Closed on
May 28, 2005
Sold by
Gattas Thomas W and Gattas Michelle S
Bought by
Cavanagh Michael T and Cavanagh Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 14, 1996
Sold by
Carley Henrietta E and Carley Von Laven Henrietta E
Bought by
Gattas Thomas W and Gattas Michelle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
8.29%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kemp Brian D -- Attorney
Kemp Brian D $585,000 Precision Title
Cavanagh Michael T $465,000 Attorneys Title Guaranty Fun
Gattas Thomas W $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kemp Brian D $468,000
Previous Owner Cavanagh Michael T $250,000
Previous Owner Gattas Thomas W $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2016 09/29/16 Sold $585,000 -2.5% $204 / Sq Ft
07/24/2016 07/24/16 Pending -- -- --
06/28/2016 06/28/16 Price Changed $599,999 -4.0% $209 / Sq Ft
04/18/2016 04/18/16 For Sale $625,000 -- $218 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $13,283 $61,000 $9,750 $51,250
2024 $13,283 $51,000 $8,125 $42,875
2023 $12,744 $51,000 $8,125 $42,875
2022 $12,744 $51,000 $8,125 $42,875
2021 $11,349 $39,753 $5,281 $34,472
2020 $11,183 $39,753 $5,281 $34,472
2019 $11,173 $44,170 $5,281 $38,889
2018 $13,252 $43,317 $4,468 $38,849
2017 $13,288 $43,317 $4,468 $38,849
2016 $10,844 $43,317 $4,468 $38,849
2015 $10,708 $39,465 $3,656 $35,809
2014 $10,543 $39,465 $3,656 $35,809
2013 $10,516 $39,465 $3,656 $35,809
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09198488

Midwest Real Estate Data (MRED)

APN: 08-11-110-021-0000