NOT LISTED FOR SALE

1502 E Cedar Ln Mount Prospect, IL 60056

North Mount Prospect Neighborhood

Estimated Value: $503,000 - $558,000

3 Beds
3 Baths
1,457 Sq Ft
$368/Sq Ft Est. Value

Sale Details

Date Sold: September 3, 2014

Last sale price $280,000 $192 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,712 / mo

80 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Breakfast Bar
  • Euclid Elementary School Rated A-
  • Attached Garage
  • Patio

About This Home

As of September 2014

A NICE 3BR/2BA HOME IN THE JOHN HERSEY HS DISTRICT FOR UNDER 300K! LOCATED IN A GREAT NEIGHBORHOOD THAT IS CLOSE TO SCHOOLS, COMMUNITY POOL, PARKS & RANDHURST MALL! FLOOR PLAN OFFERS VAULTED CEILINGS, LR/DR COMBO, FAMILY ROOM, KITCHEN OVERLOOKING BACKYARD & MASTER BATH! GAS FIREPLACE, THERMAL PANE WINDOWS, CENTRAL AIR, HARDWOOD FLOORING, PATIO, SHED & ATTACHED 2 CAR GARAGE! TAXES DO NOT REFLECT HOMESTEAD EXEMPTION.

Last Agent to Sell the Property

Becky Lippstreuer

Berkshire Hathaway HomeServices Starck Real Estate License #475158836 Listed on: 05/13/2014

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Linda Stromberg

Century 21 Marino, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • 1963

Lot Details

  • 8,668

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Tri-Level Property
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Entrance Foyer
  • Wood Flooring
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Hot Water Heating System
  • Lake Michigan Water

Additional Features

  • Patio
  • Southern Exposure

Home Details

Home Type

Single Family

Year Built

1963

Lot Details

8,668 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Tri-Level
  • Type Detached: Split Level
  • Estimated Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 15X21, On Level: 2nd Level, Flooring: Carpet
  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Ceiling Fan
  • Fireplace Details: Attached Fireplace Doors/Screen, Gas Logs
  • Attic: Pull Down Stair
  • Fireplace Location: Living Room
  • Basement: Partial
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 11X13, On Level: 2nd Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 10X15, On Level: 2nd Level, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 15X14, On Level: 3rd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Foyer, Dimensions: 6X13, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 11X17, On Level: 3rd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 14X11, On Level: 3rd Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1457
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 13X21, On Level: Lower, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: S (South)

Garage/Parking

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

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Schools

  • Junior High Dist: 26

Lot Info

  • Lot Dimensions: 70X120
  • Parcel Identification Number: 03264050160000

Tax Info

  • Taxes: 8239.57

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2014
Closed on
Sep 3, 2014
Sold by
Bought by
Seller's Agent
Becky Lippstreuer
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Linda Stromberg
Century 21 Marino, Inc.
List Price
$339,900
Sold Price
$280,000
Premium/Discount to List
-$59,900
-17.62%
Current Estimated Value
$536,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,418
Avg. Annual Appreciation
5.69%
Original Mortgage
$210,000
Outstanding Balance
$159,127
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$377,291

Purchase Details

Closed on
May 15, 2011
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$280,000 Gmt
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $210,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/03/2014 09/03/14 Sold $280,000 -6.3% $192 / Sq Ft
08/01/2014 08/01/14 Pending -- -- --
07/24/2014 07/24/14 Price Changed $298,900 -3.5% $205 / Sq Ft
07/11/2014 07/11/14 Price Changed $309,900 -2.9% $213 / Sq Ft
05/30/2014 05/30/14 Price Changed $319,000 -6.1% $219 / Sq Ft
05/13/2014 05/13/14 For Sale $339,900 -- $233 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,808 $50,000 $9,116 $40,884
2024 $9,808 $35,987 $7,814 $28,173
2023 $9,380 $35,987 $7,814 $28,173
2022 $9,380 $35,987 $7,814 $28,173
2021 $7,770 $26,745 $4,992 $21,753
2020 $7,581 $26,745 $4,992 $21,753
2019 $8,433 $32,672 $4,992 $27,680
2018 $7,830 $27,784 $4,341 $23,443
2017 $7,780 $27,784 $4,341 $23,443
2016 $7,561 $27,784 $4,341 $23,443
2015 $6,531 $22,703 $3,689 $19,014
2014 $8,441 $26,378 $3,689 $22,689
2013 $8,239 $26,378 $3,689 $22,689
Source: Public Records

Agents Affiliated with this Home

  • Becky Lippstreuer

    Seller's Agent in 2014

    Becky Lippstreuer

    Berkshire Hathaway HomeServices Starck Real Estate

    (224) 612-2277

    19 in this area

    62 Total Sales

    Becky Lippstreuer
    Section Image

  • L

    Buyer's Agent in 2014

    Linda Stromberg

    Century 21 Marino, Inc.

    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08614272

Midwest Real Estate Data (MRED)

APN: 03-26-405-016-0000

Illinois Cook County Mount Prospect 60056 North Mount Prospect

1502 E Cedar Ln, Mount Prospect, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.