NOT LISTED FOR SALE

1404 W Busse Ave Mount Prospect, IL 60056

Estimated Value: $458,000 - $482,000

3 Beds
2 Baths
1,344 Sq Ft
$350/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $445,000 $331 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,028/month

2 Days on Market

Highlights

  • Property is near a park
  • Recreation Room
  • Home Office
  • Lions Park Elementary School Rated 9+
  • Ranch Style House
  • 1-minute walk to Melas Park

About This Home

As of March 2024

PRIME LOCATION! TOP RATED SCHOOLS! NOT BUSY STREET! ALL BRICK RANCH W/BIG WINDOW AND HARDWOOD FLOORS THROUGHOUT. BEAUTIFUL UPDATED KITCHEN AND BOTH BATHROOMS. MASTER BEDROOM HAS EN-SUITE AND WALK-IN SHOWER. FRESHLY PAINTED.FULL FINISHED BASEMENT OFFERS AN OPPORTUNITY FOR EXTRA LIVING SPACE. PRIVATE FENCED YARD AND PAVE PATIO. AWESOME PARK DISTRICT TOO.

Last Agent to Sell the Property

Ewa Cypcarz

Chicagoland Brokers Inc. License #471015989 Listed on: 02/24/2024

Chicagoland Brokers Inc.

Last Buyer's Agent

Karen Wright

Coldwell Banker Realty License #471016578

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,944

Year Built

  • Built in 1963

Lot Details

  • 8,751 Sq Ft Lot
  • Lot Dimensions are 70x123
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,344 Sq Ft Home
  • Whole House Fan
  • Ceiling Fan
  • Combination Dining and Living Room
  • Home Office
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near a park

Schools

  • Lions Park Elementary School
  • Lincoln Junior High School
  • Prospect High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,944

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1963
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1344
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Fan-Whole House
  • Room Type: Recreation Room, Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Attic: Unfinished
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 449500
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lions Park Elementary School
  • High School: Prospect High School
  • Middle/Junior School: Lincoln Junior High School
  • Middle/Junior School District: 57

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2009
  • Lot Dimensions: 70X123
  • Rural (Y/N): N
  • 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: 6943.85
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2024
Closed on
Mar 29, 2024
Sold by
Parkway Bank And Trust Company
Bought by
Longo Alex and Altizer Hannah
Seller's Agent
Ewa Cypcarz
Chicagoland Brokers Inc.
Buyer's Agent
Karen Wright
Coldwell Banker Realty
List Price
$449,500
Sold Price
$445,000
Premium/Discount to List
-$4,500
-1%
Views
85
Current Estimated Value
$470,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,954
Avg. Annual Appreciation
4.16%
Original Mortgage
$400,500
Outstanding Balance
$396,424
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$74,530

Purchase Details

Listed on
Apr 14, 2021
Closed on
May 11, 2021
Sold by
Surman Maria
Bought by
Parkway Bank And Trust Company
Seller's Agent
Vincent Dante
Baird & Warner
Buyer's Agent
Ewa Cypcarz
Chicagoland Brokers Inc.
List Price
$355,000
Sold Price
$366,600
Premium/Discount to List
$11,600
3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%

Purchase Details

Listed on
Apr 14, 2021
Closed on
Mar 23, 2021
Sold by
Davis James J and Humphreys Gwendolyn I
Bought by
Surman Maria
Seller's Agent
Vincent Dante
Baird & Warner
Buyer's Agent
Ewa Cypcarz
Chicagoland Brokers Inc.
List Price
$355,000
Sold Price
$366,600
Premium/Discount to List
$11,600
3.27%

Purchase Details

Closed on
Mar 9, 2017
Sold by
Skowron Ernest L
Bought by
Davis James J and Humphreys Gwendolyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,600
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2001
Sold by
Lasalle Bank National Assn
Bought by
Skowron Ernest L and Skowron Michaele W
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
Longo Alex $445,000 None Listed On Document
Parkway Bank And Trust Company -- Attorney
Surman Maria $367,000 Greater Illinois Title
Davis James J $306,000 Attorneys Title Guaranty Fun
Skowron Ernest L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Longo Alex $400,500
Previous Owner Davis James J $244,600
Previous Owner American National Bk&Tr Co Of Chicago $50,000
Previous Owner American National Bk&Tr Co Of Chicago $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $445,000 -1.0% $331 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/24/2024 02/24/24 For Sale $449,500 +22.6% $334 / Sq Ft
05/05/2021 05/05/21 Sold $366,600 +3.3% $273 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $355,000 -3.2% $264 / Sq Ft
04/18/2021 04/18/21 Off Market $366,600 -- --
04/14/2021 04/14/21 For Sale $355,000 -- $264 / 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 $5,540 $32,082 $8,750 $23,332
2023 $6,944 $32,082 $8,750 $23,332
2022 $6,944 $32,082 $8,750 $23,332
2021 $6,225 $25,972 $5,687 $20,285
2020 $6,978 $25,972 $5,687 $20,285
2019 $6,974 $28,858 $5,687 $23,171
2018 $6,835 $25,778 $4,812 $20,966
2017 $7,908 $25,778 $4,812 $20,966
2016 $5,711 $25,778 $4,812 $20,966
2015 $4,623 $20,401 $3,937 $16,464
2014 $4,917 $21,611 $3,937 $17,674
2013 $4,883 $21,611 $3,937 $17,674
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11988989

Midwest Real Estate Data (MRED)

APN: 08-11-112-003-0000