1611 E Cedar Ln Mount Prospect, IL 60056
North Mount Prospect NeighborhoodEstimated Value: $527,000 - $611,000
4
Beds
3
Baths
1,805
Sq Ft
$312/Sq Ft
Est. Value
About This Home
This home is located at 1611 E Cedar Ln, Mount Prospect, IL 60056 and is currently estimated at $563,001, approximately $311 per square foot. 1611 E Cedar Ln is a home located in Cook County with nearby schools including Euclid Elementary School, River Trails Middle School, and John Hersey High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 24, 2017
Sold by
Majerczak Jozef and Majerczak Jadwiga
Bought by
Kang Jack and Kang Ryoon J
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
$368,000
Outstanding Balance
$303,425
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$259,576
Purchase Details
Closed on
Apr 1, 2005
Sold by
America United Bank & Trust Co Usa
Bought by
Majerczak Jozef and Majerczak Jadwiga
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
5.87%
Mortgage Type
Unknown
Purchase Details
Closed on
May 16, 1997
Sold by
Djokic Milenko and Djokic Yovanka
Bought by
First Bank Of Schaumburg and Trust #97-13-16
Purchase Details
Closed on
Apr 10, 1996
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Djokic Milenko and Djokic Yovanka
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.1%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kang Jack | $460,000 | Attorney | |
| Majerczak Jozef | $485,000 | Ticor | |
| First Bank Of Schaumburg | -- | -- | |
| Djokic Milenko | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kang Jack | $368,000 | |
| Previous Owner | Majerczak Jozef | $388,000 | |
| Previous Owner | Djokic Milenko | $150,000 | |
| Closed | Majerczak Jozef | $48,500 |
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 | $10,413 | $49,000 | $10,080 | $38,920 |
| 2024 | $10,413 | $38,000 | $8,640 | $29,360 |
| 2023 | $9,960 | $38,000 | $8,640 | $29,360 |
| 2022 | $9,960 | $38,000 | $8,640 | $29,360 |
| 2021 | $9,773 | $32,782 | $5,520 | $27,262 |
| 2020 | $9,516 | $32,782 | $5,520 | $27,262 |
| 2019 | $9,551 | $36,547 | $5,520 | $31,027 |
| 2018 | $8,856 | $30,973 | $4,800 | $26,173 |
| 2017 | $8,797 | $30,973 | $4,800 | $26,173 |
| 2016 | $9,108 | $32,958 | $4,800 | $28,158 |
| 2015 | $7,771 | $26,516 | $4,080 | $22,436 |
| 2014 | $8,247 | $28,339 | $4,080 | $24,259 |
| 2013 | $8,030 | $28,339 | $4,080 | $24,259 |
Source: Public Records
Map
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