J
Seller's Agent in 2018
John Malone
Arlington Properties
305 S Lancaster St Mount Prospect, IL 60056
Estimated Value: $610,000 - $823,750
5
Beds
4
Baths
3,084
Sq Ft
$235/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Colonial Architecture
- Recreation Room
- Lions Park Elementary School Rated 9+
- Deck
- Wooded Lot
About This Home
As of January 2018Attention all contractors, flippers,and investors! This is a tremendous opportunity to renovate this large and functional colonial of over 3,000 square feet not including the full basement with stair access to the garage! This home is situated on a large lot that's over 1/3 of an acre near downtown Mt. Prospect, train station, and parks! Highly rated District 57 schools and Prospect High School. Check the "as completed" numbers and you'll see this project can be a home run. Again, this home needs updating, renovation, and some repairs. A cash sale with a quick close date is preferred. Estate sale sold "as is".
Last Agent to Sell the Property
John Malone
Arlington Properties License #471010136 Listed on: 12/08/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,118
Year Built
- 1971
Lot Details
- East or West Exposure
- Wooded Lot
Parking
- Attached Garage
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Colonial Architecture
- Slab Foundation
- Wood Shingle Roof
- Cedar
Interior Spaces
- Primary Bathroom is a Full Bathroom
- Entrance Foyer
- Recreation Room
- Wood Flooring
- Storm Screens
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Finished Basement Bathroom
Outdoor Features
- In Ground Pool
- Deck
Location
- Property is near a bus stop
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2017
Closed on
Jan 10, 2018
Sold by
Eurich Heidi
Bought by
Michalczyk Jeffrey B and Michalczyk Kristin G
Seller's Agent
John Malone
Arlington Properties
Buyer's Agent
Julia Nicoll
Coldwell Banker Real Estate Group
List Price
$349,900
Sold Price
$405,000
Premium/Discount to List
$55,100
15.75%
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
$320,188
Avg. Annual Appreciation
8.15%
Purchase Details
Closed on
Aug 1, 2005
Sold by
Bostrom Kurt and Bostrom Eleanor
Bought by
Eurich John and Eurich Julie K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac
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 |
|---|---|---|---|
| Michalczyk Jeffrey B | $405,000 | None Available | |
| Eurich John | $725,000 | Atgf Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Michalczyk Jeffrey B | $680,000 | |
| Closed | Michalczyk Jeffrey B | $680,000 | |
| Closed | Eurich John | $35,000 | |
| Closed | Eurich John | $580,000 | |
| Previous Owner | Bostrom Kurt | $435,809 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/10/2018 01/10/18 | Sold | $405,000 | +15.7% | $131 / Sq Ft |
| 12/11/2017 12/11/17 | Pending | -- | -- | -- |
| 12/08/2017 12/08/17 | For Sale | $349,900 | -- | $113 / 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 | $14,118 | $54,000 | $15,480 | $38,520 |
| 2023 | $13,547 | $54,000 | $15,480 | $38,520 |
| 2022 | $13,547 | $54,000 | $15,480 | $38,520 |
| 2021 | $14,362 | $49,423 | $10,062 | $39,361 |
| 2020 | $14,134 | $49,423 | $10,062 | $39,361 |
| 2019 | $8,440 | $32,489 | $10,062 | $22,427 |
| 2018 | $5,041 | $17,164 | $8,514 | $8,650 |
| 2017 | $14,844 | $51,765 | $8,514 | $43,251 |
| 2016 | $13,089 | $51,765 | $8,514 | $43,251 |
| 2015 | $12,954 | $47,191 | $6,966 | $40,225 |
| 2014 | $12,751 | $47,191 | $6,966 | $40,225 |
| 2013 | $12,185 | $47,191 | $6,966 | $40,225 |
Source: Public Records
Agents Affiliated with this Home
-
-
Julia Nicoll
Buyer's Agent in 2018
Julia Nicoll
Coldwell Banker Real Estate Group
(847) 338-7601
8 in this area
88 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09814704
APN: 08-11-110-050-0000
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