NOT LISTED FOR SALE

501 Claire Ln Prospect Heights, IL 60070

Estimated Value: $683,000 - $770,000

4 Beds
3.5 Baths
2,800 Sq Ft
$261/Sq Ft Est. Value

Last Sold June 02, 2022

Last sale price $555,000 $198 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,378/month

13 Days on Market

Highlights

  • Second Kitchen
  • Property is near a park
  • Ranch Style House
  • Wheeling High School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of June 2022

Come see me now!! Just freshly painted & new carpet in bedrooms! 2800 sq ft ranch with huge great room with vaulted ceilings, stone fireplace & doors overlooking your beautiful patio & yard. Kitchen with granite, stainless appliance's, big eating area & bay window. Spacious master bedroom & bath with whirlpool tub, double sinks & shower, all other bedrooms are good size. 1st floor laundry, full finished basement with 5th bedroom, craft room 2nd kitchen, full bath (could be in-law), tons of storage & city water inside, wired for electric fence for your dogs.

Last Agent to Sell the Property

Dawn Simmons

RE/MAX Suburban License #475125202 Listed on: 03/30/2022

RE/MAX Suburban

Co-Listed By

Josh Simmons

RE/MAX Suburban License #475170147

Last Buyer's Agent

Donna Locher

@properties Christie?s International Real Estate License #475174694

@properties Christie?s International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,309

Year Built

  • Built in 1987

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 200x100

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,800 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Formal Dining Room
  • Workshop
  • Lower Floor Utility Room
  • Storage Room
  • Utility Room with Study Area
  • Wood Flooring

Kitchen

  • Second Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near a park

Schools

  • Robert Frost Elementary School
  • Oliver W Holmes Middle School
  • Wheeling High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Community Details

  • Lake Claire Estates Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,309

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Lake Claire Estates
  • Year Built: 1987
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • 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

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 2800
  • Other Equipment: Humidifier, Ceiling Fan(s)
  • Room Type: Great Room, Foyer, Bedroom 5, Workshop, Storage, Kitchen, Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 2800
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Great Room
  • Total Sq Ft: 5600
  • Bathroom: Full

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt,Circular
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Robert Frost Elementary School
  • High School: Wheeling High School
  • Middle/Junior School: Oliver W Holmes Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.4591
  • Lot Dimensions: 200X100
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 14309
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Jun 1, 2022
Sold by
Nakamura Yoko
Bought by
Solomon Michele Jaye
Seller's Agent
Dawn Simmons
RE/MAX Suburban
Buyer's Agent
Donna Locher
@properties Christie?s International Real Estate
List Price
$599,000
Sold Price
$555,000
Premium/Discount to List
-$44,000
-7.35%
Current Estimated Value
$729,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,870
Avg. Annual Appreciation
8.36%

Purchase Details

Listed on
Mar 30, 2022
Closed on
May 31, 2022
Sold by
Nakamura Yoko
Bought by
Solomon Michele Jaye
Seller's Agent
Dawn Simmons
RE/MAX Suburban
Buyer's Agent
Donna Locher
@properties Christie?s International Real Estate
List Price
$599,000
Sold Price
$555,000
Premium/Discount to List
-$44,000
-7.35%

Purchase Details

Closed on
Sep 5, 1997
Sold by
Petty Roger E and Petty Carol A
Bought by
Nakamura Toshiyuki and Nakamura Yoko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.44%
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
Solomon Michele Jaye $555,000 Not Available
Solomon Michele Jaye $555,000 None Listed On Document
Solomon Michele Jaye $555,000 None Listed On Document
Nakamura Toshiyuki $258,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nakamura Toshiyuki $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2022 06/02/22 Sold $555,000 -7.3% $198 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $599,000 -- $214 / 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 $18,463 $49,432 $16,000 $33,432
2023 $16,488 $49,432 $16,000 $33,432
2022 $16,488 $53,000 $16,000 $37,000
2021 $14,579 $41,578 $10,000 $31,578
2020 $14,309 $41,578 $10,000 $31,578
2019 $14,385 $46,456 $10,000 $36,456
2018 $15,689 $45,924 $8,500 $37,424
2017 $15,567 $45,924 $8,500 $37,424
2016 $15,222 $45,924 $8,500 $37,424
2015 $15,419 $43,367 $7,500 $35,867
2014 $15,971 $43,367 $7,500 $35,867
2013 $14,894 $43,367 $7,500 $35,867
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11360651

Midwest Real Estate Data (MRED)

APN: 03-23-314-007-0000