NOT LISTED FOR SALE

1255 W Prospect Ave Unit 301 Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $211,000 - $256,000

2 Beds
2 Baths
1,250 Sq Ft
$192/Sq Ft Est. Value

Last Sold May 28, 2013

Last sale price $76,250 $61 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $1,981/month

20 Days on Market

About This Home

As of May 2013

BRING YOUR CREATIVITY AND YOUR FINISHING TOUCHES TO THIS BLANK CANVAS! TWO BEDROOM CONDO WITH TWO FULL BATHS! MINUTES FROM SCHOOLS, SHOPPING, AND TRAIN!

Last Agent to Sell the Property

Frank DeNovi

Compass License #471009494 Listed on: 04/18/2013

Compass

Last Buyer's Agent

Rusmir Tufo

Solid Realty Services Inc License #475136123

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,513

Year Built

  • 1974

Lot Details

  • 1.51

HOA Fees

  • $324 per month

Parking

  • 1

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Utilities

  • Central Air
  • Lake Michigan Water

Community Details

  • No Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$4,513

Year Built

1974

Lot Details

0

HOA Fees

$324 per month

Parking

1

Listing Details

  • Unit Floor Number: 3
  • Special Features: 20
  • Stories: 3
  • Year Built: 1974

Interior Features

  • Total # Of Rooms: 5
  • Master Bedroom Level: 3rd Level
  • Master Bedroom Size: 17X13
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 3rd Level
  • Second Bedroom Size: 14X11
  • Living Room Level: 3rd Level
  • Living Room Size: 20X16
  • Dining Room Level: 3rd Level
  • Dining Room Size: 12X12
  • Kitchen Level: 3rd Level
  • Kitchen Size: 12X11

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking Type: Garage

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Electric

Condo/Co-op/Association

  • Pets Allowed: No
  • Units in Building: 27
  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Assessment/Association Fees: 324

Schools

  • Junior High Dist: 57

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2013
Closed on
May 15, 2013
Sold by
The Bank Of New York Mellon Trust Co
Bought by
Pitner Philip
Seller's Agent
Frank DeNovi
Compass
Buyer's Agent
Rusmir Tufo
Solid Realty Services Inc
List Price
$59,900
Sold Price
$76,250
Premium/Discount to List
$16,350
27.3%
Current Estimated Value
$240,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,187
Avg. Annual Appreciation
10.22%

Purchase Details

Closed on
Nov 12, 2012
Sold by
Cagney John J
Bought by
The Bank Of New York Mellon Trust Compan and The Bank Of New York Trust Company Na

Purchase Details

Closed on
Aug 30, 2004
Sold by
Mcmahon Marilyn M
Bought by
Cagney John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 10, 1994
Sold by
Lasalle National Trust
Bought by
Mcmahon William W and Mcmahon Marilyn M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pitner Philip $76,500 First American Title
The Bank Of New York Mellon Trust Compan -- None Available
Cagney John J $168,000 Freedom Title Corp
Mcmahon William W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cagney John J $159,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2013 05/28/13 Sold $76,250 +27.3% $61 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $59,900 -21.4% $48 / Sq Ft
04/22/2013 04/22/13 Off Market $76,250 -- --
04/18/2013 04/18/13 For Sale $59,900 -- $48 / 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 $4,513 $16,232 $2,591 $13,641
2023 $4,339 $16,232 $2,591 $13,641
2022 $4,339 $16,232 $2,591 $13,641
2021 $4,040 $12,991 $518 $12,473
2020 $3,956 $12,991 $518 $12,473
2019 $3,951 $14,437 $518 $13,919
2018 $2,912 $9,544 $453 $9,091
2017 $2,920 $9,544 $453 $9,091
2016 $2,527 $9,544 $453 $9,091
2015 $3,236 $11,161 $1,230 $9,931
2014 $2,916 $10,234 $1,230 $9,004
2013 $3,522 $14,997 $1,230 $13,767
Source: Public Records

Agents Affiliated with this Home

  • Frank DeNovi

    Seller's Agent in 2013

    Frank DeNovi

    Compass

    (847) 770-3344

    195 Total Sales

    Frank DeNovi
    Section Image

  • R

    Buyer's Agent in 2013

    Rusmir Tufo

    Solid Realty Services Inc

    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08321455

Midwest Real Estate Data (MRED)

APN: 03-33-412-037-1019

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

1255 W Prospect Ave Unit 301, Mount Prospect, IL

This home is located at 1255 W Prospect Ave Unit 301, Mount Prospect, IL 60056 since 18 April 2013 and is currently estimated at $240,437, approximately $192 per square foot. This property was built in 1974. 1255 W Prospect Ave Unit 301 is a home located in Cook County with nearby schools including Fairview Elementary School, Lincoln Middle School, and Prospect High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. 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 Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes