NOT LISTED FOR SALE

407 W Lonnquist Blvd Mount Prospect, IL 60056

Estimated Value: $375,000 - $432,000

2 Beds
1 Bath
1,152 Sq Ft
$359/Sq Ft Est. Value

Last Sold July 23, 2015

Last sale price $231,000 $201 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,830/month

10 Days on Market

Highlights

  • Ranch Style House
  • Attached Garage
  • 4-minute walk to Sunset Park
  • Lions Park Elementary School Rated 10
  • Central Air

About This Home

As of July 2015

A Rarity! Ranch home with character! Located just a block from Sunset Park this ranch home has a ton of charm. From the flagstone walk and courtyard entrance to the stone woodburning fireplace in the living room, the hardwood floors and full wall of windows overlooking the great backyard you'll realize that little updating will go a long way. Newer furnace /AC, newer water heater, new elec panel, copper plumbing.

Last Agent to Sell the Property

James Regan

RE/MAX Suburban License #475068723 Listed on: 05/21/2015

RE/MAX Suburban

Last Buyer's Agent

Alex Donatelli

HomeSmart Connect LLC License #475138897

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,155

Year Built

  • 1948

Lot Details

  • 8,712

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,155

Year Built

1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X15, On Level: Main Level
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 18X15, On Level: Basement
  • Dining Room: Dimensions: 10X10, On Level: Main Level
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Wood Laminate
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level
  • Estimated Sq Ft: 1152

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.2076

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 214
  • Elementary School: LIONS PARK ELEMENTARY SCHOOL
  • Middle School: LINCOLN JUNIOR HIGH SCHOOL
  • High School: PROSPECT HIGH SCHOOL
  • Junior High Dist: 57

Lot Info

  • Lot Dimensions: 68X143X68X141
  • Parcel Identification Number: 08142050020000

Tax Info

  • Taxes: 5145.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2015
Closed on
Jul 21, 2015
Sold by
Howard Deirdre R and Vertone Joseph C
Bought by
Park Jung and Park Suzie
Seller's Agent
James Regan
RE/MAX Suburban
Buyer's Agent
Alex Donatelli
HomeSmart Connect LLC
List Price
$239,900
Sold Price
$231,000
Premium/Discount to List
-$8,900
-3.71%
Current Estimated Value
$413,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,063
Avg. Annual Appreciation
4.95%
Original Mortgage
$219,450
Outstanding Balance
$176,170
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$201,028

Purchase Details

Closed on
Feb 28, 2005
Sold by
Orals Michael D and Orals Pamela J
Bought by
Howard Deirdre R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 6, 2002
Sold by
Orals Michael D and Brooks Pamela J
Bought by
Orals Michael D and Orals Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.1%

Purchase Details

Closed on
Oct 24, 1995
Sold by
Firstar Bank Illinois
Bought by
Orals Michael D and Brooks Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,700
Interest Rate
7.12%
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
Park Jung $231,000 Cti
Howard Deirdre R $300,000 Atgf Inc
Orals Michael D -- Oconnor Title Guaranty Inc
Orals Michael D $155,500 Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Jung $219,450
Previous Owner Howard Deirdre R $140,700
Previous Owner Howard Deirdre R $150,000
Previous Owner Orals Michael D $165,000
Previous Owner Orals Michael D $168,000
Previous Owner Orals Michael D $142,500
Previous Owner Orals Michael D $10,000
Previous Owner Orals Michael D $147,700
Closed Howard Deirdre R $22,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2015 07/23/15 Sold $231,000 -3.7% $201 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $239,900 -- $208 / 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 $7,155 $29,000 $9,044 $19,956
2023 $6,851 $29,000 $9,044 $19,956
2022 $6,851 $29,000 $9,044 $19,956
2021 $5,275 $20,261 $5,878 $14,383
2020 $5,236 $20,261 $5,878 $14,383
2019 $5,234 $22,513 $5,878 $16,635
2018 $6,252 $23,871 $4,974 $18,897
2017 $6,287 $23,871 $4,974 $18,897
2016 $5,678 $23,871 $4,974 $18,897
2015 $5,240 $20,652 $4,069 $16,583
2014 $5,167 $20,652 $4,069 $16,583
2013 $5,145 $20,652 $4,069 $16,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08929636

Midwest Real Estate Data (MRED)

APN: 08-14-205-002-0000