1622 E Cedar Ln Mount Prospect, IL 60056
North Mount Prospect NeighborhoodEstimated Value: $518,000 - $569,000
4
Beds
3
Baths
1,755
Sq Ft
$308/Sq Ft
Est. Value
About This Home
This home is located at 1622 E Cedar Ln, Mount Prospect, IL 60056 and is currently estimated at $539,664, approximately $307 per square foot. 1622 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
Jun 28, 2002
Sold by
Faut William J and Faut Sandra L
Bought by
Skowron Kazimierz and Skowron Krystyna
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
$240,000
Interest Rate
6.82%
Mortgage Type
Balloon
Purchase Details
Closed on
Sep 1, 1993
Sold by
Massarelli Michael A and Massarelli Margaret Ann
Bought by
Faut William J and Faut Sandra L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.24%
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 |
|---|---|---|---|
| Skowron Kazimierz | $300,000 | -- | |
| Faut William J | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Skowron Kazimierz | $240,000 | |
| Previous Owner | Faut William J | $168,000 |
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 |
|---|---|---|---|---|
| 2024 | $10,365 | $37,840 | $8,100 | $29,740 |
| 2023 | $10,537 | $37,840 | $8,100 | $29,740 |
| 2022 | $10,537 | $40,000 | $8,100 | $31,900 |
| 2021 | $8,598 | $29,242 | $5,175 | $24,067 |
| 2020 | $8,381 | $29,242 | $5,175 | $24,067 |
| 2019 | $8,413 | $32,600 | $5,175 | $27,425 |
| 2018 | $8,684 | $30,439 | $4,500 | $25,939 |
| 2017 | $8,627 | $30,439 | $4,500 | $25,939 |
| 2016 | $8,812 | $31,966 | $4,500 | $27,466 |
| 2015 | $8,416 | $28,500 | $3,825 | $24,675 |
| 2014 | $8,298 | $28,500 | $3,825 | $24,675 |
| 2013 | $8,081 | $28,500 | $3,825 | $24,675 |
Source: Public Records
Map
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