NOT LISTED FOR SALE

402 S Edward St Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $588,957 - $634,000

3 Beds
3 Baths
2,450 Sq Ft
$249/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $430,000 $176 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,334/month

About This Home

LOCATION-PRESITNE-STUNNING You're going to love this beautiful sundrenched end unit featuring turret designs - making you feel like the king of your castle. This open concept home lends itself to todays lifestyles. Rich attention to detail: Crown molding, custom stair railings, fireplace w/ built-ins, and overall fresh decor. Endless upgrades: Hardwood floors t/o, SS appliances w/ABT extended warranty, Kohler fixtures t/o, upscale (dimming) lighting, zone heating & cooling, tank less hot water heater, Quartz in Kit/baths/Fireplace surround, and $6K in window treatments. Gas fireplace (current electric use), dual laundry options: hookup near bedrooms w/current laundry room just off family room w/built ins for extra storage. Family room opens to large deck. The location is dynamite. Award winning schools, just blocks from downtown Mt. Prospect, Metra, and parks. This is a 10+

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2017
Closed on
Feb 27, 2018
Sold by
Rascher Stephanie S
Bought by
Patel Kaushik and Patel Sonal K
Seller's Agent
Susan Duchek
Picket Fence Realty
Buyer's Agent
Patricia Butcher
Berkshire Hathaway HomeServices Chicago
List Price
$432,900
Sold Price
$430,000
Premium/Discount to List
-$2,900
-0.67%
Current Estimated Value
$609,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,989
Avg. Annual Appreciation
4.46%
Original Mortgage
$322,500
Outstanding Balance
$175,136
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$434,853

Purchase Details

Listed on
Dec 23, 2014
Closed on
Oct 2, 2015
Sold by
Compass Real Estate Services Llc
Bought by
Rascher Stephanie S and Rascher Richard L
Seller's Agent
Gretchen Gullo
@properties Christie?s International Real Estate
Buyer's Agent
James Regan
RE/MAX Suburban
List Price
$412,500
Sold Price
$426,177
Premium/Discount to List
$13,677
3.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Patel Kaushik $430,000 Attorneys Title Guaranty Fun
Rascher Stephanie S $426,500 Regency Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Kaushik $322,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2018 02/28/18 Sold $430,000 -0.7% $176 / Sq Ft View Prior Sale
01/18/2018 01/18/18 Pending -- -- --
12/07/2017 12/07/17 For Sale $432,900 +0.7% $177 / Sq Ft
10/31/2017 10/31/17 Off Market $430,000 -- --
10/21/2017 10/21/17 Price Changed $432,900 -0.5% $177 / Sq Ft
09/21/2017 09/21/17 Price Changed $435,000 -0.9% $178 / Sq Ft
08/10/2017 08/10/17 For Sale $439,000 +3.0% $179 / Sq Ft
10/02/2015 10/02/15 Sold $426,177 +6.6% $174 / Sq Ft View Prior Sale
12/25/2014 12/25/14 Price Changed $399,900 -3.1% $163 / Sq Ft
12/23/2014 12/23/14 Pending -- -- --
12/23/2014 12/23/14 For Sale $412,500 -- $168 / Sq Ft

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 $12,029 $54,000 $3,434 $50,566
2024 $12,029 $46,500 $8,000 $38,500
2023 $11,538 $46,500 $8,000 $38,500
2022 $11,538 $46,500 $8,000 $38,500
2021 $11,285 $39,548 $970 $38,578
2020 $12,067 $39,548 $970 $38,578
2019 $12,051 $43,943 $970 $42,973
2018 $11,268 $40,268 $821 $39,447
2017 $11,317 $40,268 $821 $39,447
2016 $6,775 $27,172 $821 $26,351
Source: Public Records

Agents Affiliated with this Home

  • Susan Duchek

    Seller's Agent in 2018

    Susan Duchek

    Picket Fence Realty

    (847) 951-5804

    8 in this area

    159 Total Sales

    Susan Duchek
    Section Image
  • Patricia Butcher

    Buyer's Agent in 2018

    Patricia Butcher

    Berkshire Hathaway HomeServices Chicago

    (847) 508-4144

    22 Total Sales

    Patricia Butcher
    Section Image
  • Gretchen Gullo

    Seller's Agent in 2015

    Gretchen Gullo

    @ Properties

    (847) 208-9471

    1 in this area

    86 Total Sales

    Gretchen Gullo
    Section Image
  • James Regan

    Buyer's Agent in 2015

    James Regan

    RE/MAX Suburban

    (847) 902-1721

    16 in this area

    79 Total Sales

    James Regan
    Section Image
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Map

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

402 S Edward St, Mount Prospect, IL

Not Listed for Sale

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