NOT LISTED FOR SALE

501 N Fairview Ave Mount Prospect, IL 60056

North Mount Prospect Neighborhood

Estimated Value: $379,000 - $427,000

3 Beds
1 Bath
1,100 Sq Ft
$362/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $246,500 $224 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,623/month

29 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Attached Garage
  • Fairview Elementary School Rated 9+
  • Corner Lot
  • Breakfast Bar

About This Home

As of April 2019

Great location and investment! This 3 bedroom ranch has an attached two car garage. Full basement for endless opportunities. Being sold AS IS with one year home warranty. Hardwood floors in living/dining room, master bedroom and second bedroom. Bonus room adjacent to kitchen can be family room/office.

Last Agent to Sell the Property

Christina Beasley

Coldwell Banker Realty License #475174452 Listed on: 02/13/2019

Coldwell Banker Realty

Last Buyer's Agent

Juan Moxthe

Fulton Grace Realty License #475149512

Fulton Grace Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1950

Lot Details

  • Southern Exposure
  • Corner Lot

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Wood Flooring
  • Washer
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

1950

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 1100
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1950
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 1100
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom
  • Number Of Rooms: 7
  • Living Room: Dimensions: 26X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Disposal
  • Equipment: Ceiling Fan, Sump Pump
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 6X6, On Level: Basement
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 11X7, On Level: Main Level, Flooring: Vinyl, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1100
  • Estimated Total Finished Sq Ft: 1100
  • Main Level Sq Ft: 1100
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 11X14, On Level: Main Level, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: S (South)
  • Acreage: 0.149

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 57

Lot Info

  • Lot Dimensions: 49X131X49X131
  • Lot Description: Corner
  • Parcel Identification Number: 03341170110000

Tax Info

  • Taxes: 4568

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2019
Closed on
Apr 26, 2019
Sold by
Victoria Jose
Bought by
Morales Kevin J and Valencia Jessica
Seller's Agent
Christina Beasley
Coldwell Banker Realty
Buyer's Agent
Juan Moxthe
Fulton Grace Realty
List Price
$265,000
Sold Price
$246,500
Premium/Discount to List
-$18,500
-6.98%
Current Estimated Value
$398,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,690
Avg. Annual Appreciation
7.30%
Original Mortgage
$234,175
Outstanding Balance
$206,510
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$191,680
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morales Kevin J $246,500 Burnet Title Post Closing
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Kevin J $234,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2019 04/26/19 Sold $246,500 -5.2% $224 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
03/12/2019 03/12/19 Price Changed $259,900 -1.9% $236 / Sq Ft
02/13/2019 02/13/19 For Sale $265,000 -- $241 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $6,863 $33,000 $7,788 $25,212
2024 $6,863 $28,000 $6,490 $21,510
2023 $6,571 $28,000 $6,490 $21,510
2022 $6,571 $28,000 $6,490 $21,510
2021 $5,818 $22,037 $4,056 $17,981
2020 $5,766 $22,037 $4,056 $17,981
2019 $6,746 $24,650 $4,056 $20,594
2018 $7,490 $24,544 $3,569 $20,975
2017 $4,152 $24,544 $3,569 $20,975
2016 $4,364 $24,544 $3,569 $20,975
2015 $6,339 $21,865 $3,082 $18,783
2014 $4,831 $21,865 $3,082 $18,783
2013 $4,943 $21,865 $3,082 $18,783
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Christina Beasley

    Coldwell Banker Realty

    Section Image
  • Juan Moxthe

    Buyer's Agent in 2019

    Juan Moxthe

    Fulton Grace Realty

    (773) 851-9721

    103 Total Sales

    Juan Moxthe
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10271705

Midwest Real Estate Data (MRED)

APN: 03-34-117-011-0000

Illinois Cook County Mount Prospect 60056 North Mount Prospect

501 N Fairview Ave, Mount Prospect, IL

Not Listed for Sale

Detached

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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