NOT LISTED FOR SALE

1705 W Magnolia Ln Mount Prospect, IL 60056

Mount Shire Neighborhood

Estimated Value: $380,000 - $531,000

4 Beds
3 Baths
2,433 Sq Ft
$196/Sq Ft Est. Value

About This Home

This home is located at 1705 W Magnolia Ln, Mount Prospect, IL 60056 and is currently estimated at $477,323, approximately $196 per square foot. 1705 W Magnolia Ln is a home located in Cook County with nearby schools including Holmes Jr High School, John Jay Elementary School, and Rolling Meadows High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2024
Sold by
Lakhia Ankit and Rao Juhi Paragbrai
Bought by
Lakhia Ankit and Rao Juhi Paragebai
Current Estimated Value
$481,414

Purchase Details

Closed on
Apr 24, 2021
Sold by
Patel Savitaben and Patel Anshuman K
Bought by
Lakhia Ankit

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
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2001
Sold by
Patel Savitaben and Patel Kaplesh K
Bought by
Patel Savitaben and Patel Anshuman K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.11%

Purchase Details

Closed on
Oct 27, 1997
Sold by
Montwicki Gerald F and Montwicki Jean M
Bought by
Patel Kanubhai A and Patel Savitaben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,200
Interest Rate
7.43%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lakhia Ankit -- None Listed On Document
Lakhia Ankit $260,000 Altima Title Llc
Patel Savitaben -- Stewart Title
Patel Kanubhai A $206,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lakhia Ankit $150,000
Previous Owner Patel Anshuman K $120,000
Previous Owner Patel Anshuman K $99,999
Previous Owner Patel Anshuman K $59,600
Previous Owner Patel Savitaben $160,000
Previous Owner Patel Kanubhai A $165,200
Source: Public Records

Tax History Compared to Growth

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
2024 $8,338 $32,000 $7,938 $24,062
2023 $8,006 $32,000 $7,938 $24,062
2022 $8,006 $32,000 $7,938 $24,062
2021 $5,127 $21,273 $4,914 $16,359
2020 $5,053 $21,273 $4,914 $16,359
2019 $5,106 $23,637 $4,914 $18,723
2018 $7,760 $30,617 $4,158 $26,459
2017 $7,801 $30,617 $4,158 $26,459
2016 $7,571 $30,617 $4,158 $26,459
2015 $7,670 $29,189 $3,780 $25,409
2014 $7,560 $29,189 $3,780 $25,409
2013 $7,366 $29,189 $3,780 $25,409
Source: Public Records

Map

Illinois Cook County Mount Prospect 60056 Mount Shire

1705 W Magnolia Ln, Mount Prospect, IL

This home is located at 1705 W Magnolia Ln, Mount Prospect, IL 60056 and is currently estimated at $477,323, approximately $196 per square foot. 1705 W Magnolia Ln is a home located in Cook County with nearby schools including Holmes Jr High School, John Jay Elementary School, and Rolling Meadows High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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