NOT LISTED FOR SALE

400 S Emerson St Mount Prospect, IL 60056

Estimated Value: $395,000 - $444,000

3 Beds
1.5 Baths
1,050 Sq Ft
$408/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $340,000 $324 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,966/month

10 Days on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • Sun or Florida Room
  • Lions Park Elementary School Rated 9+
  • Wood Flooring
  • 4-minute walk to Lions Park

About This Home

As of June 2021

The most convenient location ever! Walk a few blocks to town, Metra, restaurants. bars Lions Park, elementary school and stores. This charming ranch home is a fantastic find with 3 bedrooms, 1.5 baths, full finished basement and Florida/ sun room addition off the dining/ living room. The exterior has been recently tuckpointed and siding replaced and windows replaced, recent front and rear entry doors replaced, sewer line from the house to the street has been replaced, hall bath remodeled, gutter covers added, rewired in 2002 and driveway replaced in 2020. When you walk in you will notice that the living room is highlighted by a classic wood burning fireplace with gas logs, crown molding. There are hard wood floors in the LR, Dr and bedrooms under the carpeting. You will love relaxing in the sun/ Florida room just off the living/ dining room. The basement is finished and has a recent laminate wood floor installed. There is a huge workroom and laundry area in the basement! Get here today because this gem won't last long!

Last Agent to Sell the Property

James Regan

RE/MAX Suburban License #475068723 Listed on: 05/10/2021

RE/MAX Suburban

Last Buyer's Agent

Mary O'Malley

@properties Christie's International Real Estate License #475145849

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,385

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 157x62x158x61

Parking

  • 1.5 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Ranch Style House

Interior Spaces

  • 1,050 Sq Ft Home
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

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

Schools

  • Lions Park Elementary School
  • Lincoln Junior High School
  • Prospect High School

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,385

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Full Bath, Some Carpeting, Some Wood Floors
  • LivingArea: 1050
  • Other Equipment: Humidifier, CO Detectors
  • Room Type: Foyer, Recreation Room, Sun Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1050
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • List Price: 329900
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 1.5
  • Number of Cars: 1.5
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • 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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lions Park Elementary School
  • High School: Prospect High School
  • Middle/Junior School: Lincoln Junior High School
  • Middle/Junior School District: 57

Lot Info

  • Lot Dimensions: 157X62X158X61
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6384.87
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2024
Sold by
Gain Elizabeth
Bought by
Elizabeth Gain Living Trust and Gain
Current Estimated Value
$427,998

Purchase Details

Listed on
May 10, 2021
Closed on
Jun 25, 2021
Sold by
Mcdade Susan and The Mcdacle Family Trust
Bought by
Gain Elizabeth
Seller's Agent
James Regan
RE/MAX Suburban
Buyer's Agent
Mary O'Malley
@properties Christie's International Real Estate
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%
Original Mortgage
$210,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2001
Sold by
Mcdade Frank D and Mcdade Bette J
Bought by
Mcdade Frank D and Mcdade Bette J
Source: Public Records

Range of Values:

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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
Elizabeth Gain Living Trust -- None Listed On Document
Gain Elizabeth $340,000 Attorneys Ttl Guaranty Fund
Mcdade Frank D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gain Elizabeth $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $340,000 +3.1% $324 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
05/13/2021 05/13/21 For Sale -- -- --
05/13/2021 05/13/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $329,900 -- $314 / 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 $7,607 $27,557 $9,906 $17,651
2023 $7,655 $30,623 $9,906 $20,717
2022 $7,655 $32,000 $9,906 $22,094
2021 $4,817 $21,453 $6,438 $15,015
2020 $4,842 $21,453 $6,438 $15,015
2019 $6,385 $29,454 $6,438 $23,016
2018 $4,304 $20,253 $5,448 $14,805
2017 $4,349 $20,253 $5,448 $14,805
2016 $4,243 $20,253 $5,448 $14,805
2015 $3,935 $18,034 $4,457 $13,577
2014 $3,895 $18,034 $4,457 $13,577
2013 $4,763 $21,192 $4,457 $16,735
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11082928

Midwest Real Estate Data (MRED)

APN: 08-12-303-013-0000