NOT LISTED FOR SALE

400 S Albert St Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $444,555 - $454,000

3 Beds
2.5 Baths
1,423 Sq Ft
$317/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $359,000 $252 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,121/month

2 Days on Market

Highlights

  • Living Room with Fireplace
  • Corner Lot
  • Bar
  • Fairview Elementary School Rated 9+
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of August 2022

Opportunity knocking here. Solid all brick 3 bedroom, 2 1/2 bath, full finished basement with wet bar, fireplace and upgraded full bath. Private and newly fenced back yard with shed, outdoor fireplace and pond. Living room with hardwood floors ( need to be refinished) and cozy fireplace. Stainless steel appliances in kitchen with separate eating area and family room. Primary bedroom includes private full bath. Laundry room and 2 car attached garage. Same owner for over 20 years. Some remodeling with flooring and paint on main level will help make this home sweet home.

Last Agent to Sell the Property

Jim Pfligler

RE/MAX Suburban License #471020491 Listed on: 06/20/2022

RE/MAX Suburban

Last Buyer's Agent

Oscar Gil

Gil & Gil Group Corp. License #471004847

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,216

Year Built

  • Built in 1956

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 165x50
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,423 Sq Ft Home
  • 1-Story Property
  • Bar
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,216

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter
  • Fireplaces: 2
  • LivingArea: 1423
  • Estimated Total Finished Sq Ft: 1201
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room,Basement
  • Square Footage Comments: additional 1201 square footage in lower level
  • Total Sq Ft: 1201
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.2
  • Lot Dimensions: 165X50
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6215.66
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Jul 28, 2022
Sold by
Schweigel Penny
Bought by
Estrada Fredy and Estrada Luis
Seller's Agent
Jim Pfligler
RE/MAX Suburban
Buyer's Agent
Oscar Gil
Gil & Gil Group Corp.
List Price
$359,000
Sold Price
$359,000
Views
1
Current Estimated Value
$450,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,389
Avg. Annual Appreciation
6.88%
Original Mortgage
$352,497
Outstanding Balance
$335,491
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$114,898

Purchase Details

Closed on
Jan 7, 2011
Sold by
Schweigel Penny and Schweigel Richard William
Bought by
Schweigel Penny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,424
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2002
Sold by
Schweigel Richard W
Bought by
Peterson Penny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
10.25%

Purchase Details

Closed on
Mar 3, 2002
Sold by
Schweigel Cathy R
Bought by
Schweigel Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
10.25%
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
Estrada Fredy $359,000 None Listed On Document
Schweigel Penny -- First American
Peterson Penny $275,000 --
Schweigel Richard W $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrada Fredy $352,497
Previous Owner Schweigel Penny $290,424
Previous Owner Peterson Penny $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2022 08/19/22 Sold $359,000 0.0% $252 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $359,000 -- $252 / 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
2025 $9,192 $40,001 $9,603 $30,398
2024 $9,192 $33,001 $7,933 $25,068
2023 $7,922 $33,001 $7,933 $25,068
2022 $7,922 $33,001 $7,933 $25,068
2021 $6,276 $23,473 $5,010 $18,463
2020 $6,216 $23,473 $5,010 $18,463
2019 $6,851 $28,410 $5,010 $23,400
2018 $5,632 $21,844 $4,175 $17,669
2017 $5,665 $21,844 $4,175 $17,669
2016 $5,140 $21,844 $4,175 $17,669
2015 $5,287 $20,813 $3,757 $17,056
2014 $5,213 $20,813 $3,757 $17,056
2013 $5,191 $20,813 $3,757 $17,056
Source: Public Records

Agents Affiliated with this Home

  • Jim Pfligler

    Seller's Agent in 2022

    Jim Pfligler

    RE/MAX Suburban

    1 in this area

    56 Total Sales

    Jim Pfligler
    Section Image

  • O

    Buyer's Agent in 2022

    Oscar Gil

    Gil & Gil Group Corp.

    (773) 463-7700

    1 in this area

    18 Total Sales

    Oscar Gil
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11440453

Midwest Real Estate Data (MRED)

APN: 08-12-404-005-0000

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

400 S Albert St, Mount Prospect, IL

Not Listed for Sale

Detached

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