Elizabeth Thompson
Responds Quickly
Coldwell Banker Realty
(844) 755-6681
99 Total Sales
4 in Downtown Mount Prospect
$210K - $393K Price Range
501 E Prospect Ave Unit 1B Mount Prospect, IL 60056
Downtown Mount Prospect NeighborhoodEstimated Value: $156,314
1
Bed
1
Bath
714
Sq Ft
1.31
Acre Lot
Highlights
- Walk-In Closet
- Laundry Room
- Storage
- Living Room
- Entrance Foyer
- Garden Bath
About This Home
As of November 2024Whether you're looking to buy or invest, this spacious 1 bedroom 1 bathroom condo has it all! Convenient first floor location with ample natural light from the tall windows and a lot of storage space with walk in closet and extra linen and hallway closets. Sizeable eat in kitchen, combination dining and living room, and large bathroom. Wonderful location within minutes of downtown Mt. Prospect and Arlington Heights right near the Metra, shops, restaurants, schools, and parks. Amenities include investor and pet friendly, assigned parking space, assigned storage space, coin laundry down the hall, and very low assessment. Move right in or make it your own!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475190156 Listed on: 09/26/2024
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,445
Year Built
- Built in 1967
Lot Details
- 1.31
HOA Fees
- $181 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 714 Sq Ft Home
- 3-Story Property
- Entrance Foyer
- Living Room
- Family or Dining Combination
- Storage
- Laundry Room
Kitchen
- Range
- Microwave
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Walk-In Closet
- 1 Full Bathroom
- Garden Bath
Parking
- 1 Parking Space
- Additional Parking
- Uncovered Parking
- Parking Included in Price
- Assigned Parking
Utilities
- One Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
Overview
- Association fees include water, lawn care, scavenger, snow removal
- 40 Units
- Darla Najarian Association, Phone Number (847) 882-8207
- Property managed by Associa Chicagoland
Amenities
- Laundry Facilities
Pet Policy
- Dogs and Cats Allowed
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 26, 2024
Closed on
Nov 6, 2024
Sold by
Bought by
Seller's Agent
Liana Madura
@properties Christie's International Real Estate
Buyer's Agent
Grazyna Jankowska
Chicagoland Brokers, Inc.
List Price
$129,900
Sold Price
$137,000
Premium/Discount to List
$7,100
5.47%
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,314
Avg. Annual Appreciation
7.87%
Original Mortgage
$123,300
Outstanding Balance
$121,008
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$35,306
Purchase Details
Closed on
Aug 16, 2024
Sold by
Bought by
Purchase Details
Closed on
Aug 8, 2000
Sold by
Bought by
Purchase Details
Closed on
Aug 24, 1999
Sold by
Bought by
Purchase Details
Closed on
Jul 20, 1999
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Mount Prospect, IL
-
Elizabeth Thompson
-
David Jaffe
David Jaffe
@properties Christie's International Real Estate
(224) 258-0839
123 Total Sales
1 in Downtown Mount Prospect
$390,000 Price
-
Vito LiRosi
Vito LiRosi
Responds QuicklyReal 1 Realty
(708) 286-5811
58 Total Sales
1 in Downtown Mount Prospect
$400,000 Price
-
Darren Allen
Darren Allen
Real Broker LLC
(224) 507-1815
292 Total Sales
2 in Downtown Mount Prospect
$488K - $550K Price Range
-
Helen Paredes
Helen Paredes
@properties Christies International Real Estate
(877) 801-0624
49 Total Sales
1 in Downtown Mount Prospect
$410,000 Price
-
Rafay Qamar
Rafay Qamar
Real Broker LLC
(833) 359-9113
1,071 Total Sales
2 in Downtown Mount Prospect
$370K - $392K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $137,000 | None Listed On Document | ||
| -- | None Listed On Document | ||
| -- | -- | ||
| -- | -- | ||
| $59,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $123,300 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2024 11/06/24 | Sold | $137,000 | +5.5% | $192 / Sq Ft |
| 09/28/2024 09/28/24 | Pending | -- | -- | -- |
| 09/26/2024 09/26/24 | For Sale | $129,900 | -- | $182 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $2,445 | $12,346 | $1,637 | $10,709 |
| 2024 | $2,445 | $8,778 | $1,364 | $7,414 |
| 2023 | $2,351 | $8,778 | $1,364 | $7,414 |
| 2022 | $2,351 | $8,778 | $1,364 | $7,414 |
| 2021 | $1,947 | $6,247 | $886 | $5,361 |
| 2020 | $1,906 | $6,247 | $886 | $5,361 |
| 2019 | $1,905 | $6,948 | $886 | $6,062 |
| 2018 | $1,707 | $5,580 | $750 | $4,830 |
| 2017 | $1,712 | $5,580 | $750 | $4,830 |
| 2016 | $1,482 | $5,580 | $750 | $4,830 |
| 2015 | $1,725 | $5,935 | $613 | $5,322 |
| 2014 | $962 | $5,935 | $613 | $5,322 |
| 2013 | $944 | $5,935 | $613 | $5,322 |
Source: Public Records
Agents Affiliated with this Home
-
Liana Madura
Seller's Agent in 2024
Liana Madura
@ Properties
(847) 692-5522
1 in this area
24 Total Sales
-
Grazyna Jankowska
Buyer's Agent in 2024
Grazyna Jankowska
Chicagoland Brokers, Inc.
(847) 361-0516
1 in this area
58 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12169122
APN: 08-12-227-016-1002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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