NOT LISTED FOR SALE

501 E Prospect Ave Unit 2E Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $140,000 - $240,000

1 Bed
1 Bath
800 Sq Ft
1.31 Acre Lot

Sale Details

Date Sold: November 23, 2016

Last sale price $71,000 $89 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $1,220 / mo

5 Days on Market

Highlights

  • Soaking Tub
  • Breakfast Bar
  • Forced Air Heating System
  • Lions Park Elementary School Rated 9+
  • Storage
  • Southern Exposure

About This Home

As of November 2016

Beautiful unit ,do not miss it out! Spacious 1 Bedroom 1 Bathroom Unit w/ 1 Parking Space Included( also can rent the second space for $20 a month).Custom made blinds. Tons Of Storage and Closet Space. Clean and bright unit .Large Master Bedroom w/ walk in closet.Storage and Laundry on 1st floor. Close To The Metra Station. Conveniently Located near Restaurants and shopping area. . Come See This Unit Today!Very affordable- low property taxes and an assessment. The unit can be rented out.

Last Agent to Sell the Property

Ionka Stantcheva

Century 21 ABC Schiro Listed on: 11/05/2016

Co-Listed By

Pamela Stanish

Schiro Realty Services, Inc License #475133843

Last Buyer's Agent

Kyle Payne

@properties Christie's International Real Estate License #475162089

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • 1963

Lot Details

  • 1.31

HOA Fees

  • $145 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Soaking Tub
  • Storage

Kitchen

  • Breakfast Bar
  • Oven or Range

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Southern Exposure

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Year Built

1963

Lot Details

1.31 Acres

HOA Fees

$145 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Unit Floor Level: 2
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1963
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1963

Interior Features

  • Interior Property Features: Storage
  • Number Of Rooms: 4
  • Living Room: Dimensions: 20X13, On Level: 2nd Level, Flooring: Wood Laminate, Windows: Blinds
  • Appliances: Oven/Range, Refrigerator
  • Bedrooms All Levels: 1
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 6X4, On Level: 2nd Level, Flooring: Wood Laminate, Windows: None
  • Kitchen Type: Dimensions: 11X8, On Level: 2nd Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 800
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: N (North), S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 30
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Coin Laundry
  • Assessment Includes: Water, Parking, Common Insurance, Lawn Care, Snow Removal
  • Assessment Association Fees: 145
  • Management Contact Name: ABC
  • Management Phone: 847-985-4044

Fee Information

  • Management Company: Real Property Management

Schools

  • Junior High Dist: 57

Lot Info

  • Lot Dimensions: INTEGRAL
  • Parcel Identification Number: 08122270161017

Multi Family

  • Total Number Unitsin Building: 40
  • Number Stories: 3

Tax Info

  • Taxes: 772.79

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

Closed on
Aug 28, 2024
Sold by
Bought by
Current Estimated Value
$175,516

Purchase Details

Listed on
Nov 5, 2016
Closed on
Nov 23, 2016
Sold by
Bought by
Seller's Agent
Ionka Stantcheva
Century 21 ABC Schiro
Buyer's Agent
Kyle Payne
@properties Christie's International Real Estate
List Price
$84,999
Sold Price
$71,000
Premium/Discount to List
-$13,999
-16.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%

Purchase Details

Closed on
Feb 27, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,700
Interest Rate
7.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$130,000 Citywide Title
$71,000 Attorney
$102,000 Pntn
$82,000 --
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
Previous Owner $62,000
Previous Owner $73,700
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
11/23/2016 11/23/16 Sold $71,000 -11.2% $89 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
11/09/2016 11/09/16 Price Changed $79,999 -5.9% $100 / Sq Ft
11/05/2016 11/05/16 For Sale $84,999 -- $106 / 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 $1,521 $12,346 $1,637 $10,709
2024 $1,521 $8,778 $1,364 $7,414
2023 $1,435 $8,778 $1,364 $7,414
2022 $1,435 $8,778 $1,364 $7,414
2021 $909 $6,247 $886 $5,361
2020 $960 $6,247 $886 $5,361
2019 $965 $6,948 $886 $6,062
2018 $614 $5,441 $750 $4,691
2017 $634 $5,441 $750 $4,691
2016 $782 $5,441 $750 $4,691
2015 $773 $5,282 $613 $4,669
2014 $775 $5,282 $613 $4,669
2013 $757 $5,282 $613 $4,669
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2016

    Ionka Stantcheva

    Century 21 ABC Schiro

  • Pamela Stanish

    Seller Co-Listing Agent in 2016

    Pamela Stanish

    Schiro Realty Services, Inc

    (847) 650-9227

    18 Total Sales

    Pamela Stanish
    Section Image
  • Kyle Payne

    Buyer's Agent in 2016

    Kyle Payne

    @ Properties

    (708) 415-5509

    1 in this area

    37 Total Sales

    Kyle Payne
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09382911

Midwest Real Estate Data (MRED)

APN: 08-12-227-016-1017

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

501 E Prospect Ave Unit 2E, Mount Prospect, IL

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.

Midwest Real Estate Data (MRED) 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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