NOT LISTED FOR SALE

404 S Edward St Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $588,257 - $740,000

3 Beds
4 Baths
2,100 Sq Ft
$300/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $480,000 $229 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,447/month

6 Days on Market

Highlights

  • Family Room with Fireplace
  • Attached Garage
  • Senior Tax Exemptions
  • Lions Park Elementary School Rated 10

About This Home

As of December 2021

Large contemporary rowhome only 2 1/2 blocks from the Metra train station, library, downtown shops, restaurants and numerous festivals. This stunning home offers 3 bedrooms, 3 1/2 bathrooms, a gorgeous open kitchen with a 7' island, gleaming hardwood floors on 1st and 2nd levels, 9 & 10-foot ceilings, crown molding, glass stone fireplace, 2nd floor laundry and more. The finished lower level has a full bathroom; great for guests or an office. Enjoy the huge private sunny 22' balcony. Everyone loves a 2-car attached garage with additional covered spaces. These attractive units are rarely available, so don't miss this beauty.

Last Agent to Sell the Property

Tom & Mary Zander

Berkshire Hathaway HomeServices Starck Real Estate License #471004159 Listed on: 09/23/2021

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Joanne Hronopoulos

Berkshire Hathaway HomeServices Starck Real Estate License #475103177

Berkshire Hathaway HomeServices Starck Real Estate

Townhouse Details

Home Type

  • Townhome

Year Built

  • 2016

Lot Details

  • 1,307

HOA Fees

  • $225 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Dual Sinks
  • 2,100 Sq Ft Home
  • Family Room with Fireplace

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units
  • Association Phone (847) 000-0000

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

2016

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: T3-Townhouse 3+ Stories
  • Property Sub Type: T3-Townhouse 3+ Stories
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • Architectural Style: Row House
  • Directions: Elmhurst Rd South of NW Hwy to Prospect Avenue East to Edward Street, south to home.
  • Lot Size: 1288
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Subdivision Name: Lions Park
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: None
  • Fireplace Features: Gas Log
  • Estimated Total Finished Sq Ft: 2100
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 2100
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Second Floor Laundry, Walk-In Closet(s), Ceiling - 10 Foot, Ceiling - 9 Foot, Open Floorplan
  • Dining Room Type: Recreation Room, Foyer, Walk In Closet, Deck
  • Stories: 3

Exterior Features

  • Roof: Rubber
  • Exterior Features: Balcony, Porch
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Other Structures: None
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self managed
  • Management Contact Name: Self managed
  • Management Phone: 847-000-0000
  • Association Fee: 225
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Junior High Dist: 214
  • Middle Or Junior School: Lincoln Junior High School

Lot Info

  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 4

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 10019.38
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 28, 2021
Sold by
Iraci William A and Posig Margaret
Bought by
Helin Victoria and Helin Thomas A
Seller's Agent
Tom & Mary Zander
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Joanne Hronopoulos
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$469,900
Sold Price
$480,000
Premium/Discount to List
$10,100
2.15%
Current Estimated Value
$630,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,564
Avg. Annual Appreciation
6.80%
Original Mortgage
$340,000
Outstanding Balance
$309,534
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$321,030

Purchase Details

Listed on
Jan 15, 2015
Closed on
Nov 17, 2015
Sold by
Compass Real Estate Services Llc
Bought by
Posig Margaret and Iraci William A
Seller's Agent
Gretchen Gullo
@properties Christie?s International Real Estate
Buyer's Agent
Kenneth Guzzetta
RE/MAX Properties Northwest
List Price
$379,900
Sold Price
$405,515
Premium/Discount to List
$25,615
6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%
Original Mortgage
$418,895
Interest Rate
3.75%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Helin Victoria $480,000 Attorney
Posig Margaret $406,000 Regency Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Helin Victoria $340,000
Previous Owner Posig Margaret $418,895
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2021 12/01/21 Sold $480,000 +2.1% $229 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $469,900 +15.9% $224 / Sq Ft
11/17/2015 11/17/15 Sold $405,515 +6.7% $171 / Sq Ft View Prior Sale
03/23/2015 03/23/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $379,900 -- $160 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $11,290 $52,000 $2,962 $49,038
2024 $11,290 $46,500 $8,000 $38,500
2023 $10,805 $46,500 $8,000 $38,500
2022 $10,805 $46,500 $8,000 $38,500
2021 $10,104 $38,421 $837 $37,584
2020 $10,019 $38,421 $837 $37,584
2019 $10,015 $42,690 $837 $41,853
2018 $10,016 $38,922 $708 $38,214
2017 $10,076 $38,922 $708 $38,214
2016 $6,053 $26,235 $708 $25,527
Source: Public Records

Agents Affiliated with this Home

  • Tom & Mary Zander

    Seller's Agent in 2021

    Tom & Mary Zander

    Berkshire Hathaway HomeServices Starck Real Estate

    (847) 528-0100

    36 in this area

    166 Total Sales

    Tom & Mary Zander
    Section Image

  • J

    Buyer's Agent in 2021

    Joanne Hronopoulos

    Berkshire Hathaway HomeServices Starck Real Estate

    (847) 630-8864

    3 in this area

    52 Total Sales

    Joanne Hronopoulos
    Section Image
  • Gretchen Gullo

    Seller's Agent in 2015

    Gretchen Gullo

    @ Properties

    (847) 208-9471

    1 in this area

    88 Total Sales

    Gretchen Gullo
    Section Image
  • Kenneth Guzzetta

    Buyer's Agent in 2015

    Kenneth Guzzetta

    RE/MAX

    (847) 698-1957

    2 in this area

    39 Total Sales

    Kenneth Guzzetta
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11223476

Midwest Real Estate Data (MRED)

APN: 08-12-428-014-0000

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

404 S Edward St, Mount Prospect, IL

Not Listed for Sale

Townhouses

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