NOT LISTED FOR SALE

206 E School Ln Prospect Heights, IL 60070

Estimated Value: $490,000 - $545,846

5 Beds
3 Baths
2,556 Sq Ft
$202/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $440,000 $172 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,677/month

5 Days on Market

Highlights

  • Formal Dining Room
  • 2 Car Detached Garage
  • Senior Tax Exemptions
  • Bonfield Grade School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of June 2024

Opportunity knocks with this diamond in the rough! Nestled on a beautiful lot spanning almost an acre, this property is primed for a total transformation. Surrounded by custom, newer construction homes in the prestigious Hersey School District, the potential for this property is endless. This two-story home offers almost 2,600 square feet of living space, featuring 5 bedrooms and 3 bathrooms. While the interior is in need of a complete rehab, the spacious layout provides a canvas for your vision to come to life. Imagine the possibilities of creating your dream home in this desirable location. With neighboring homes setting the standard for luxury living, this property presents an incredible opportunity to customize and create a residence tailored to your preferences. Whether you're a seasoned renovator looking for your next project or a builder seeking a prime development opportunity, this property is not to be missed. Bring your creativity and transform this blank canvas into the ultimate family home. Don't let this chance slip away - seize the opportunity to turn this house into a masterpiece! Contact us today to learn more and schedule a viewing. Most windows are newer & A/C is 2 yrs old.

Last Agent to Sell the Property

Dawn Simmons

RE/MAX Suburban License #475125202 Listed on: 05/10/2024

RE/MAX Suburban

Co-Listed By

Josh Simmons

RE/MAX Suburban License #475170147

Last Buyer's Agent

Romi Olariu

Compass License #475136092

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,945

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 108x270x51x255x136

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Interior Spaces

  • 2,556 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Dwight D Eisenhower Elementary S
  • Macarthur Middle School
  • John Hersey High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,945

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1954
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • LivingArea: 2556
  • Room Type: Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Dwight D Eisenhower Elementary S
  • High School: John Hersey High School
  • Middle/Junior School: Macarthur Middle School

Lot Info

  • Lot Dimensions: 108X270X51X255X136
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10945.3
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Jun 10, 2024
Sold by
Esquivel Family Revocable Trust and Esquivel Catherine
Bought by
Ceh Daniel J and Ceh Andreia
Seller's Agent
Dawn Simmons
RE/MAX Suburban
Buyer's Agent
Romi Olariu
Compass
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Views
24
Current Estimated Value
$515,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,212
Avg. Annual Appreciation
10.94%
Original Mortgage
$374,000
Outstanding Balance
$369,291
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$145,921

Purchase Details

Closed on
Feb 23, 2023
Sold by
Esquivel Gaston J and Esquivel Barbara A
Bought by
Esquivel Family Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ceh Daniel J $440,000 Near North Title
Esquivel Family Revocable Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ceh Daniel J $374,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2024 06/14/24 Sold $440,000 -2.2% $172 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $450,000 -- $176 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $11,731 $45,000 $8,864 $36,136
2023 $10,945 $45,000 $8,864 $36,136
2022 $10,945 $45,000 $8,864 $36,136
2021 $12,007 $42,614 $7,755 $34,859
2020 $11,758 $42,614 $7,755 $34,859
2019 $11,761 $47,667 $7,755 $39,912
2018 $9,267 $36,848 $6,647 $30,201
2017 $9,406 $36,848 $6,647 $30,201
2016 $7,665 $36,848 $6,647 $30,201
2015 $8,892 $32,797 $5,539 $27,258
2014 $8,827 $32,797 $5,539 $27,258
2013 $8,578 $32,797 $5,539 $27,258
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12053234

Midwest Real Estate Data (MRED)

APN: 03-27-201-005-0000