1603 W Palm Dr Mount Prospect, IL 60056
Birch Manor NeighborhoodEstimated Value: $401,000 - $442,000
3
Beds
2
Baths
1,400
Sq Ft
$304/Sq Ft
Est. Value
Highlights
- Home Office
- 1 Car Attached Garage
- 1-Story Property
- Prospect High School Rated A+
- Entrance Foyer
- Forced Air Heating and Cooling System
About This Home
As of May 2024Nestled in the serene Elk Ridge Villas neighborhood, this delightful ranch-style home offers the perfect blend of comfort and convenience. Boasting 3 bedrooms and 2 bathrooms, this sun-filled residence welcomes you with warmth and charm. The main level of this home features an inviting layout, with ample natural light illuminating every corner. Recent updates in 2022 include new flooring, doors, and fresh paint throughout, adding a modern touch to the interior. Prepare to be impressed by the full finished basement, providing additional living space and endless possibilities for recreation or relaxation. The basement also includes a bonus room, laundry room, and a storage room. An expansive fenced yard awaits, offering plenty of room for outdoor activities and entertaining. Additional updates include a new washer and dryer installed in 2023, as well as a new roof also installed in 2023. Conveniently located between Busse Rd and Golf Rd. Easy CTA bus 208 access to and from Woodfield mall or Evanston. Don't miss the opportunity to make this your new home sweet home. Schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,900
Year Built
- Built in 1961
Lot Details
- Lot Dimensions are 75x137x74x151
Parking
- 1 Car Attached Garage
- Parking Space is Owned
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,400 Sq Ft Home
- 1-Story Property
- Entrance Foyer
- Home Office
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Recreation or Family Area in Basement
- Finished Basement Bathroom
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2024
Closed on
May 28, 2024
Sold by
Yoo Donghyun and Yoo Sarah
Bought by
Alperen Halime
Seller's Agent
Sooji Hill
Baird & Warner
Buyer's Agent
Nicole Zarinebaf
Keller Williams Thrive
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,467
Avg. Annual Appreciation
2.33%
Original Mortgage
$394,250
Outstanding Balance
$390,926
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$34,541
Purchase Details
Closed on
Jun 21, 2017
Sold by
Minev Kiril and Minev Denitza
Bought by
Yoo Donghyun and Yoo Sarah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,475
Interest Rate
4%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 20, 2009
Sold by
Steinbart Reinhardt
Bought by
Minev Kiril and Minev Denitza
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,622
Interest Rate
5.1%
Mortgage Type
FHA
Similar Homes in Mount Prospect, IL
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 |
|---|---|---|---|
| Alperen Halime | $415,000 | Saturn Title | |
| Yoo Donghyun | $305,000 | First American Title | |
| Minev Kiril | $225,000 | Attorneys Title Guaranty Fun |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alperen Halime | $394,250 | |
| Previous Owner | Yoo Donghyun | $299,475 | |
| Previous Owner | Minev Kiril | $55,050 | |
| Previous Owner | Minev Kiril | $193,400 | |
| Previous Owner | Minev Kiril | $204,536 | |
| Previous Owner | Minev Kiril | $210,622 | |
| Previous Owner | Steinbart Reinhardt | $115,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2024 05/31/24 | Sold | $415,000 | -3.5% | $296 / Sq Ft |
| 05/14/2024 05/14/24 | Pending | -- | -- | -- |
| 05/10/2024 05/10/24 | Price Changed | $430,000 | -4.4% | $307 / Sq Ft |
| 05/07/2024 05/07/24 | For Sale | $450,000 | -- | $321 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 |
|---|---|---|---|---|
| 2024 | $7,213 | $31,000 | $10,656 | $20,344 |
| 2023 | $6,900 | $31,000 | $10,656 | $20,344 |
| 2022 | $6,900 | $31,000 | $10,656 | $20,344 |
| 2021 | $6,140 | $24,820 | $6,926 | $17,894 |
| 2020 | $6,039 | $24,820 | $6,926 | $17,894 |
| 2019 | $6,969 | $27,578 | $6,926 | $20,652 |
| 2018 | $7,093 | $24,845 | $5,860 | $18,985 |
| 2017 | $6,148 | $24,845 | $5,860 | $18,985 |
| 2016 | $6,017 | $24,845 | $5,860 | $18,985 |
| 2015 | $5,348 | $21,147 | $4,795 | $16,352 |
| 2014 | $5,276 | $21,147 | $4,795 | $16,352 |
| 2013 | $5,136 | $21,147 | $4,795 | $16,352 |
Source: Public Records
Agents Affiliated with this Home
-
Sooji Hill
Seller's Agent in 2024
Sooji Hill
Baird Warner
(847) 392-1855
2 in this area
89 Total Sales
-
John Lim
Seller Co-Listing Agent in 2024
John Lim
Baird Warner
(847) 208-2340
1 in this area
119 Total Sales
-
Nicole Zarinebaf
Buyer's Agent in 2024
Nicole Zarinebaf
Keller Williams Thrive
(847) 612-3484
1 in this area
16 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12049539
APN: 08-14-112-003-0000
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