1506 W Willow Ln Mount Prospect, IL 60056
Birch Manor NeighborhoodEstimated Value: $407,000 - $475,000
3
Beds
2
Baths
1,372
Sq Ft
$321/Sq Ft
Est. Value
About This Home
This home is located at 1506 W Willow Ln, Mount Prospect, IL 60056 and is currently estimated at $440,307, approximately $320 per square foot. 1506 W Willow Ln is a home located in Cook County with nearby schools including Robert Frost Elementary School, Friendship Jr High School, and Prospect High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 28, 2022
Sold by
Reidy Thomas P
Bought by
John And Jennifer Elliot Living Trust and Elliot
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Outstanding Balance
$519,182
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
-$78,875
Purchase Details
Closed on
Apr 13, 2012
Sold by
Betterman Lieselotte N
Bought by
The Lieselotte N Betterman Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| John And Jennifer Elliot Living Trust | $745,000 | None Listed On Document | |
| The Lieselotte N Betterman Trust | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | John And Jennifer Elliot Living Trust | $545,000 |
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 |
|---|---|---|---|---|
| 2025 | $7,825 | $39,000 | $12,197 | $26,803 |
| 2024 | $7,825 | $36,000 | $10,164 | $25,836 |
| 2023 | $7,466 | $36,000 | $10,164 | $25,836 |
| 2022 | $7,466 | $36,000 | $10,164 | $25,836 |
| 2021 | $7,160 | $31,053 | $6,606 | $24,447 |
| 2020 | $7,082 | $31,053 | $6,606 | $24,447 |
| 2019 | $7,159 | $34,504 | $6,606 | $27,898 |
| 2018 | $5,879 | $26,776 | $5,590 | $21,186 |
| 2017 | $6,862 | $30,040 | $5,590 | $24,450 |
| 2016 | $6,936 | $30,040 | $5,590 | $24,450 |
| 2015 | $6,060 | $25,486 | $4,573 | $20,913 |
| 2014 | $5,987 | $25,486 | $4,573 | $20,913 |
| 2013 | $5,818 | $25,486 | $4,573 | $20,913 |
Source: Public Records
Map
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