NOT LISTED FOR SALE

5 S Busse Rd Mount Prospect, IL 60056

Estimated Value: $390,000 - $448,000

3 Beds
2 Baths
1,105 Sq Ft
$378/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $345,000 $312 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,773/month

3 Days on Market

Highlights

  • Recreation Room
  • 1 Car Detached Garage
  • 1-Story Property
  • Lions Park Elementary School Rated 10
  • Storage Room
  • 3-minute walk to Melas Park

About This Home

As of May 2024

Captivating 3 bed, 2 bath RANCH home nestled on a serene half-acre lot. Situated across from the expansive Melas Park, with access to recreational fields, playgrounds and scenic walking paths. Quick pedal or drive away to bustling downtown Mount Prospect shopping, dining, the Metra, library, and more! Step inside and discover bright and open living spaces adorned with gleaming hardwood floors, creating an inviting atmosphere. The spacious living room boasts a big picture window and flows seamlessly into the dining room. Keep the conversation going into the adjacent kitchen with an eat-in area, where culinary delights await! Direct access to the impressive deck ensures seamless indoor/outdoor living, perfect for entertaining or simply unwinding in your own paradise. Three generously sized bedrooms offer ample closet space for all your storage needs. Well-appointed full hall bathroom provides convenience and functionality. Venture downstairs to the finished basement to find your ultimate entertainment destination complete with a built-in bar, perfect for hosting gatherings. Large storage/laundry area ensures optimal organization and convenience with an additional bathroom area. Step outside to your backyard oasis, where a huge deck and sprawling green space await. With enough room to start up your own game of football, this is truly a space where memories are made! Excellent schools include Westbrook Elementary, Lincoln Middle, and Prospect High School. Spring into action in the epitome of comfort and convenience. Welcome home!

Last Agent to Sell the Property

Holly Connors

@properties Christie's International Real Estate License #475141644 Listed on: 04/04/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Anne Derrig

FairGreen Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,929

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 98x173x98x173

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,105 Sq Ft Home
  • 1-Story Property
  • Recreation Room
  • Storage Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • Westbrook School For Young Learn Elementary School
  • Lincoln Junior High School
  • Prospect High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,929

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1105
  • Room Type: Storage, Recreation Room
  • Estimated Total Finished Sq Ft: 1105
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2192
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Westbrook School For Young Learn
  • High School: Prospect High School
  • Middle/Junior School: Lincoln Junior High School

Lot Info

  • Lot Dimensions: 98X173X98X173
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3929.15
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 10, 2024
Sold by
Reinhardt Theresa M
Bought by
Derrig Katelyn
Seller's Agent
Holly Connors
@properties Christie's International Real Estate
Buyer's Agent
Anne Derrig
FairGreen Real Estate LLC
List Price
$325,000
Sold Price
$345,000
Premium/Discount to List
$20,000
6.15%
Views
158
Current Estimated Value
$417,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,920
Avg. Annual Appreciation
14.03%
Original Mortgage
$276,000
Outstanding Balance
$272,422
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$145,498

Purchase Details

Closed on
Feb 5, 2004
Sold by
Reinhardt Lawrence G and Reinhardt Theresa M
Bought by
Reinhardt Lawrence G and Reinhardt Theresa M
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
Derrig Katelyn $345,000 None Listed On Document
Reinhardt Lawrence G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derrig Katelyn $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $345,000 +6.2% $312 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $325,000 -- $294 / 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 $6,969 $30,988 $15,488 $15,500
2023 $3,929 $30,988 $15,488 $15,500
2022 $3,929 $30,988 $15,488 $15,500
2021 $4,451 $30,459 $11,375 $19,084
2020 $4,060 $30,459 $11,375 $19,084
2019 $4,034 $33,844 $11,375 $22,469
2018 $4,508 $25,620 $9,625 $15,995
2017 $4,441 $25,620 $9,625 $15,995
2016 $4,633 $25,620 $9,625 $15,995
2015 $5,341 $22,873 $7,875 $14,998
2014 $5,126 $22,873 $7,875 $14,998
2013 $5,243 $22,873 $7,875 $14,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12019727

Midwest Real Estate Data (MRED)

APN: 08-11-100-017-0000