501 E Prospect Ave Unit 2G Mount Prospect, IL 60056
Downtown Mount Prospect NeighborhoodEstimated Value: $125,000 - $177,000
1
Bed
1
Bath
30,500
Sq Ft
$5/Sq Ft
Est. Value
About This Home
This home is located at 501 E Prospect Ave Unit 2G, Mount Prospect, IL 60056 and is currently estimated at $155,291, approximately $5 per square foot. 501 E Prospect Ave Unit 2G is a home located in Cook County with nearby schools including Lions Park Elementary School, Lincoln Middle School, and Prospect High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 17, 2010
Sold by
Gonzalez David W
Bought by
Derasadourian Joseph
Current Estimated Value
Purchase Details
Closed on
Aug 2, 2005
Sold by
Ottlinger Tom
Bought by
Gonzalez David W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,150
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 27, 2004
Sold by
Zeherovic Nail and Zeherovic Senada
Bought by
Ottlinger Tom
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 18, 2003
Sold by
Lippert Terri
Bought by
Zeherovic Nail and Zeherovic Senada
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
9.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 25, 2001
Sold by
Tanchez Sara and Lopez Eileen
Bought by
Lippert Terri
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,882
Interest Rate
7.18%
Purchase Details
Closed on
Jun 15, 1998
Sold by
Cooper Chris Ann
Bought by
Tanchez Sara and Lopez Eileen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.32%
Purchase Details
Closed on
May 25, 1995
Sold by
Gerwatowski Thomas
Bought by
Cooper Chris Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,800
Interest Rate
8.26%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Derasadourian Joseph | $55,000 | Cti | |
| Gonzalez David W | $125,000 | Fidelity Natl Title Ins Co | |
| Ottlinger Tom | $115,000 | Heritage Title Company | |
| Zeherovic Nail | $95,000 | -- | |
| Lippert Terri | $91,000 | Burnet Title Llc | |
| Tanchez Sara | $60,000 | -- | |
| Cooper Chris Ann | $52,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gonzalez David W | $121,150 | |
| Previous Owner | Ottlinger Tom | $115,000 | |
| Previous Owner | Zeherovic Nail | $85,500 | |
| Previous Owner | Lippert Terri | $87,882 | |
| Previous Owner | Tanchez Sara | $48,000 | |
| Previous Owner | Cooper Chris Ann | $49,800 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 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 | $656 | $5,580 | $750 | $4,830 |
| 2017 | $676 | $5,580 | $750 | $4,830 |
| 2016 | $819 | $5,580 | $750 | $4,830 |
| 2015 | $773 | $5,282 | $613 | $4,669 |
| 2014 | $775 | $5,282 | $613 | $4,669 |
| 2013 | $757 | $5,282 | $613 | $4,669 |
Source: Public Records
Map
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