1516 E Mitchell Ln Mount Prospect, IL 60056
North Mount Prospect NeighborhoodEstimated Value: $506,000 - $614,000
4
Beds
3
Baths
2,045
Sq Ft
$269/Sq Ft
Est. Value
About This Home
This home is located at 1516 E Mitchell Ln, Mount Prospect, IL 60056 and is currently estimated at $549,543, approximately $268 per square foot. 1516 E Mitchell Ln is a home located in Cook County with nearby schools including Indian Grove Elementary School, River Trails Middle School, and John Hersey High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 26, 2020
Sold by
Sibayan Francisco N and Bantiyan Amor Maricel
Bought by
Sibayan Francisco N and Sibayan Amor Maricel
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
$322,000
Outstanding Balance
$252,612
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$296,931
Purchase Details
Closed on
Nov 21, 2005
Sold by
Guy Ermalinda
Bought by
Maricel Sibayan Francisco N and Maricel Bantiyan Amor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
5.75%
Mortgage Type
Unknown
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sibayan Francisco N | -- | National Title Solutions Inc | |
| Maricel Sibayan Francisco N | $465,000 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sibayan Francisco N | $322,000 | |
| Closed | Maricel Sibayan Francisco N | $418,000 |
Source: Public Records
Tax History Compared to Growth
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 | $9,454 | $49,000 | $8,770 | $40,230 |
| 2024 | $9,454 | $35,513 | $7,517 | $27,996 |
| 2023 | $9,049 | $35,513 | $7,517 | $27,996 |
| 2022 | $9,049 | $35,513 | $7,517 | $27,996 |
| 2021 | $9,161 | $31,456 | $4,802 | $26,654 |
| 2020 | $8,932 | $31,456 | $4,802 | $26,654 |
| 2019 | $8,965 | $35,068 | $4,802 | $30,266 |
| 2018 | $7,904 | $28,450 | $4,176 | $24,274 |
| 2017 | $8,673 | $30,761 | $4,176 | $26,585 |
| 2016 | $9,372 | $34,020 | $4,176 | $29,844 |
| 2015 | $7,130 | $24,674 | $3,549 | $21,125 |
| 2014 | $7,863 | $27,310 | $3,549 | $23,761 |
| 2013 | $7,659 | $27,310 | $3,549 | $23,761 |
Source: Public Records
Map
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