NOT LISTED FOR SALE

406 S Meier Rd Mount Prospect, IL 60056

Estimated Value: $697,000 - $774,000

5 Beds
3 Baths
3,000 Sq Ft
$248/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $520,000 $173 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,949/month

13 Days on Market

Highlights

  • Spa
  • Colonial Architecture
  • Recreation Room
  • Forest View Elementary School Rated 9+
  • Deck
  • Wood Flooring

About This Home

As of July 2019

WIDE OPEN, LIGHT BRIGHT and AIRY! 5 Bedroom/3 Bath expansive home overlooking a 1/3 acre-professionally landscaped, newly fenced with swing set, expansive deck and privacy. Updated kitchen with generous island open to the family room over gleaming hardwood flooring. Full first floor bathroom, with all the updates. Designer touches include wainscoting in the rich living, lighting fixtures & sophisticated fireplace & all new solid core doors. Sought after 1st floor laundry/mud room and flexible large 5th bedroom/office is bonus. Four generous bedrooms upstairs, all boasting fresh paint and carpet. The glorious master suite has large walk in closet and expanded bathroom. Perfectly located large hall bath includes double vanity and separate shower room. Large finished basement, with storage galore. Spectacular location, walking distance to elementary school & middle school, easy access to expressways, train and more. This quality, condition and space is a rarity! Welcome Home.

Last Agent to Sell the Property

Holly Connors

@properties Christie's International Real Estate License #475141644 Listed on: 05/03/2019

@properties Christie's International Real Estate

Last Buyer's Agent

Rafi Sahakian

@properties Christie's International Real Estate License #475179243

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,567

Year Built

  • 1971

Lot Details

  • East or West Exposure
  • Irregular Lot

Parking

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

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Wood Burning Fireplace
  • Attached Fireplace Door
  • Entrance Foyer
  • Recreation Room
  • Storage Room
  • Wood Flooring
  • Finished Basement
  • Partial Basement

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Brick Porch or Patio
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $8,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,567

Year Built

1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train
  • Age: 41-50 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1971
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 10
  • Living Room: Dimensions: 19X17, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Humidifier, CO Detectors, Ceiling Fan, Sump Pump, Backup Sump Pump;, Power Generator
  • Fireplace Details: Wood Burning, Attached Fireplace Doors/Screen
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Finished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 9X7, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: 5th Bedroom, Deck, Foyer, Recreation Room, Storage, Walk In Closet
  • Master Bedroom: Dimensions: 19X13, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 2 Name: Recreation Rm, Dimensions: 29X22, On Level: Basement, Flooring: Vinyl
  • Bedroom 2: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 3 Name: Foyer, Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 4 Name: Deck, Dimensions: 35X19, On Level: Main Level
  • Bedroom 4: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 5 Name: Deck, Dimensions: 25X24, On Level: Main Level
  • Additional Room 6 Name: Walk in Closet, Dimensions: 10X7, On Level: 2nd Level
  • Additional Room 7 Name: Storage, Dimensions: 20X10, On Level: Basement
  • Estimated Sq Ft: 3000
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X14, On Level: Main Level, Flooring: Hardwood, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Patio, Hot Tub, Brick Paver Patio, Outdoor Grill
  • Exposure: E (East)
  • Acreage: 0.3343

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 214
  • High School: Rolling Meadows High School
  • Junior High Dist: 59

Lot Info

  • Lot Dimensions: 69 X 220 X 64 X 219
  • Lot Description: Irregular
  • Parcel Identification Number: 08103011160000

Tax Info

  • Taxes: 12635

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2019
Closed on
Jul 1, 2019
Sold by
Dunlap Jason T and Dunlap Kendall E
Bought by
Sahakian Diana F and Sahakian Rafi S
Seller's Agent
Holly Connors
@properties Christie's International Real Estate
Buyer's Agent
Rafi Sahakian
@properties Christie's International Real Estate
List Price
$549,900
Sold Price
$520,000
Premium/Discount to List
-$29,900
-5.44%
Current Estimated Value
$744,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,050
Avg. Annual Appreciation
5.89%
Original Mortgage
$416,000
Outstanding Balance
$364,303
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$379,747

Purchase Details

Closed on
Sep 27, 2017
Sold by
Lohmeier Jacqueline Marie
Bought by
Dunlap Jason T and Dunlap Kendall E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2015
Sold by
Lohmeier Michael Joseph and Lohmeier Jacqueline Marie
Bought by
Lohmeier Jacqueline Marie and Jacqueline Marie Lohmeier Trust

Purchase Details

Listed on
Jan 16, 2014
Closed on
Apr 21, 2014
Sold by
Cerza Sharon Gay
Bought by
Lohmeier Michael J and Lohmeier Jacqueline M
Seller's Agent
Diane Christian
Coldwell Banker Realty
Buyer's Agent
Robert Lucas
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$514,000
Sold Price
$480,000
Premium/Discount to List
-$34,000
-6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%
Original Mortgage
$384,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2011
Sold by
Cerza James J and Cerza Sharon Gay
Bought by
Cerza James J and The James Cerza Living Trust

Purchase Details

Closed on
Jul 18, 2000
Sold by
Cerza James J and Cerza Sharon Gay
Bought by
Cerza Sharon Gay and Sharon Gay Cerza Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sahakian Diana F $520,000 Attorney
Dunlap Jason T $510,000 Chicago Title Company
Lohmeier Jacqueline Marie -- None Available
Lohmeier Michael J $480,000 Cti
Cerza James J -- None Available
Cerza Sharon Gay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sahakian Diana F $416,000
Previous Owner Dunlap Jason T $424,100
Previous Owner Lohmeier Michael J $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2019 07/26/19 Sold $520,000 -3.5% $173 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
05/14/2019 05/14/19 Price Changed $539,000 -2.0% $180 / Sq Ft
05/03/2019 05/03/19 For Sale $549,900 +14.6% $183 / Sq Ft
05/05/2014 05/05/14 Sold $480,000 -3.8% $160 / Sq Ft View Prior Sale
03/31/2014 03/31/14 Pending -- -- --
01/30/2014 01/30/14 Price Changed $499,000 -2.9% $166 / Sq Ft
01/16/2014 01/16/14 For Sale $514,000 -- $171 / 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 $12,567 $52,000 $14,560 $37,440
2023 $12,036 $52,000 $14,560 $37,440
2022 $12,036 $52,000 $14,560 $37,440
2021 $11,341 $43,424 $9,464 $33,960
2020 $11,956 $43,424 $9,464 $33,960
2019 $12,202 $48,791 $9,464 $39,327
2018 $11,847 $42,005 $8,008 $33,997
2017 $12,635 $44,658 $8,008 $36,650
2016 $11,891 $44,658 $8,008 $36,650
2015 $11,041 $38,440 $7,280 $31,160
2014 $10,169 $38,440 $7,280 $31,160
2013 $9,909 $38,440 $7,280 $31,160
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10353268

Midwest Real Estate Data (MRED)

APN: 08-10-301-116-0000