NOT LISTED FOR SALE

406 S Albert St Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $354,000 - $512,105

2 Beds
2 Baths
1,672 Sq Ft
$268/Sq Ft Est. Value

Sale Details

Date Sold: May 30, 2014

Last sale price $232,000 $139 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,157 / mo

411 Days on Market

Highlights

  • Formal Dining Room
  • Central Air
  • 3-minute walk to Dimucci-Lowenberg Park
  • Fairview Elementary School Rated 9+

About This Home

As of May 2014

All brick Ranch, all new Bath and Large Master Bedroom. Great location, near train & town - excellent condition - Attached Garage - 1st flr laundry - Fenced Yard - Woodburning Fireplace - Regular Sale! Easy to Show!

Last Agent to Sell the Property

William Farrell

RE/MAX Suburban License #475100802 Listed on: 03/01/2013

RE/MAX Suburban

Last Buyer's Agent

Gerald Berkowitz

RE/MAX Properties Northwest License #475111279

RE/MAX Properties Northwest

Property Details

Home Type

  • Other

Year Built

  • 1960

Lot Details

  • 8,364

Parking

  • Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Formal Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Fairview Elementary School
  • Prospect High School

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Year Built

1960

Lot Details

8,364 Sq Ft Lot

Parking

1

Interior Features

  • Total # Of Rooms: 5
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Ceiling Fan
  • Fireplaces: 1
  • Basement: Slab
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 16X12
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 13X10
  • Living Room Level: Main Level
  • Living Room Size: 22X14
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 15X12
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 20X14

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s)
  • Driveway: Concrete

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Forced Air

Schools

  • Elementary School: Fairview Elementary School
  • High School: Prospect High School
  • Junior High Dist: 57
  • Junior High: Lincoln Junior High School

Lot Info

  • Lot Dimensions: 50 X 166.78

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2013
Closed on
May 23, 2014
Sold by
Bought by
Seller's Agent
William Farrell
RE/MAX Suburban
Buyer's Agent
Gerald Berkowitz
RE/MAX Properties Northwest
List Price
$249,000
Sold Price
$232,000
Premium/Discount to List
-$17,000
-6.83%
Current Estimated Value
$448,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,776
Avg. Annual Appreciation
5.59%
Original Mortgage
$185,600
Interest Rate
0.0412%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 1998
Sold by
Bought by

Purchase Details

Closed on
Mar 17, 1997
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 1995
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$232,000 Pntn
$160,000 --
-- --
$153,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $185,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $232,000 -6.8% $139 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
05/24/2013 05/24/13 For Sale $249,000 0.0% $149 / Sq Ft
05/04/2013 05/04/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $249,000 -- $149 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,547 $41,001 $9,603 $31,398
2024 $8,547 $34,001 $7,933 $26,068
2023 $8,190 $34,001 $7,933 $26,068
2022 $8,190 $34,001 $7,933 $26,068
2021 $6,621 $24,581 $5,010 $19,571
2020 $6,554 $24,581 $5,010 $19,571
2019 $6,634 $27,620 $5,010 $22,610
2018 $6,441 $24,490 $4,175 $20,315
2017 $6,477 $24,490 $4,175 $20,315
2016 $6,450 $26,778 $4,175 $22,603
2015 $6,099 $23,606 $3,757 $19,849
2014 $6,011 $23,606 $3,757 $19,849
2013 $4,916 $23,606 $3,757 $19,849
Source: Public Records

Agents Affiliated with this Home

  • William Farrell

    Seller's Agent in 2014

    William Farrell

    RE/MAX Suburban

    (847) 845-4938

    3 in this area

    114 Total Sales

    William Farrell
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08281377

Midwest Real Estate Data (MRED)

APN: 08-12-404-008-0000

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

406 S Albert St, Mount Prospect, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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