NOT LISTED FOR SALE

407 S Carol Ln Mount Prospect, IL 60056

Estimated Value: $671,000 - $724,000

4 Beds
3 Baths
3,228 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $477,000 $148 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,681/month

13 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Walk-In Pantry
  • Forest View Elementary School Rated 9+
  • Wood Flooring
  • Attached Garage

About This Home

As of August 2020

Fall in love with this 3000+sq ft expansive Colonial home in the highly sought after Colonial Heights. This meticulously maintained home with gorgeous hardwood flooring throughout has a beautiful entryway that leads to the updated & well appointed kitchen with granite counters and stainless steel appliances. The large bright living room leads to a gorgeous dining room and the family room has an amazing fireplace that works as gas or wood burning with built in shelving. First floor also has a half bath and the added bonus of first floor laundry! The second floor has a large master suite with a walk in California closet and master bath w/ oversized shower. There are three more generously sized bedrooms with California Closet Systems and an additional full size bath. The finished basement has room for a large recreation space and an additional 5th bedroom or home office, also plenty of room for storage. Don't miss the many upgrades they have done in the past few years including Pella windows throughout, tankless water heater, furnace and AC, tear off roof, garage door, and oversized gutters! Enjoy a expansive brick patio, swing set, sprinkler system and private fenced in yard. This quality, condition and space is a rarity! Welcome Home!!

Last Agent to Sell the Property

Amy Pappas

Compass License #475182000 Listed on: 06/01/2020

Compass

Co-Listed By

Sarah Faraci-Gomez

Compass License #475182447

Last Buyer's Agent

Chris Esposito

Berkshire Hathaway HomeServices Starck Real Estate License #471001724

Berkshire Hathaway HomeServices Starck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,515

Year Built

  • 1968

Lot Details

  • Southern Exposure
  • East or West Exposure

Parking

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

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Dining Area
  • Recreation Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Utilities

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

Additional Features

  • North or South Exposure
  • Patio

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,515

Year Built

1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1968
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 10
  • Living Room: Dimensions: 22X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, Ceiling Fan, Sump Pump, Sprinkler-Lawn
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 8X6, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Eating Area, Recreation Room
  • Master Bedroom: Dimensions: 18X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 2 Name: Eating Area, Dimensions: 14X8, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X13, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Recreation Rm, Dimensions: 29X16, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 13X13, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 13X13, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 3228
  • Dining Room Type: Separate
  • Family Room: Dimensions: 18X15, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: N (North), S (South), E (East), W (West)
  • Acreage: 0.197

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 214
  • Elementary School: Forest View Elementary School
  • Middle School: Holmes Junior High School
  • High School: Rolling Meadows High School
  • Junior High Dist: 59

Lot Info

  • Lot Dimensions: 132X65
  • Parcel Identification Number: 08104150120000

Tax Info

  • Taxes: 11661.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Aug 5, 2020
Sold by
Chicago Title Land Trust Company
Bought by
Lachmann Mark and Lachmann Karrie
Seller's Agent
Amy Pappas
Compass
Buyer's Agent
Chris Esposito
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$489,000
Sold Price
$477,000
Premium/Discount to List
-$12,000
-2.45%
Current Estimated Value
$701,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,727
Avg. Annual Appreciation
7.74%
Original Mortgage
$453,150
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2011
Sold by
Pratikakis George and Roumeliotis Athanasia
Bought by
Chicago Title Land Trust Company and Trust #8002358033

Purchase Details

Closed on
Apr 18, 2008
Sold by
Pratikakis George and Roumeliotis Athanasia
Bought by
Pratikakis George and Roumeliotis Athanasia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 11, 2008
Sold by
Eddington Richard T and Eddington Susan M
Bought by
Pratikakis George and Roumeliotis Athanasia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 31, 2001
Sold by
Randle Kenneth L and Randle Linda S
Bought by
Eddington Richard T and Eddington Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
7.06%
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
Lachmann Mark $477,000 First American Title
Chicago Title Land Trust Company -- None Available
Pratikakis George -- Chicago Title Insurance Co
Pratikakis George $475,000 Chicago Title Insurance Co
Eddington Richard T $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lachmann Mark $453,150
Previous Owner Pratikakis George $380,000
Previous Owner Eddington Richard T $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2020 08/07/20 Sold $477,000 -2.5% $148 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $489,000 -- $151 / 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 $11,515 $47,510 $8,580 $38,930
2023 $11,030 $47,510 $8,580 $38,930
2022 $11,030 $47,510 $8,580 $38,930
2021 $12,222 $42,773 $5,577 $37,196
2020 $11,032 $42,773 $5,577 $37,196
2019 $11,278 $48,060 $5,577 $42,483
2018 $11,661 $44,280 $4,719 $39,561
2017 $11,713 $44,280 $4,719 $39,561
2016 $11,250 $44,280 $4,719 $39,561
2015 $10,677 $39,604 $4,290 $35,314
2014 $10,517 $39,604 $4,290 $35,314
2013 $10,254 $39,604 $4,290 $35,314
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10731391

Midwest Real Estate Data (MRED)

APN: 08-10-415-012-0000