NOT LISTED FOR SALE

501 S Elmhurst Rd Mount Prospect, IL 60056

Estimated Value: $343,000 - $510,726

2 Beds
1.5 Baths
1,664 Sq Ft
$268/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $306,000 $184 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,076/month

3 Days on Market

Highlights

  • Property is near a park
  • American Four Square Architecture
  • Sun or Florida Room
  • Lions Park Elementary School Rated 9+
  • Wood Flooring
  • Corner Lot

About This Home

As of June 2023

A rare find! Lovingly maintained solid brick ranch on a large corner lot. Sprawling floor plan offers: fully appointed kitchen with ample cabinetry, counter space and eat-in area. Sun drenched living room accented with stone fireplace, adjoining dining room, spacious family room and adorable sunroom. Generously sized bedrooms, large full bath with double vanities, gleaming hardwood flooring and so much more. Attached two car garage with ample storage. Wonderful location: minutes to award winning schools, parks, restaurants, shopping and transportation. Estate Sale (AS-IS).

Last Agent to Sell the Property

Maria DelBoccio

@properties Christie's International Real Estate License #475146842 Listed on: 06/08/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Mary Jo Keeley

HomeSmart Connect LLC License #475171526

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,435

Year Built

  • Built in 1956

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • American Four Square Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Separate Shower

Schools

  • Lions Park Elementary School
  • Lincoln Junior High School
  • Prospect High School

Utilities

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

Additional Features

  • Patio
  • Property is near a park

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,435

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1664
  • Room Type: Sun Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1664
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 285000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Sidewalks
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lions Park Elementary School
  • High School: Prospect High School
  • Middle/Junior School: Lincoln Junior High School
  • Middle/Junior School District: 57

Lot Info

  • Lot Size Acres: 0.262
  • Lot Dimensions: 75X150
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2435.48
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jun 30, 2023
Sold by
Ann Marie Hornof Declaration Of Trust
Bought by
Pagan Kathleen D and Pagan Daniel
Seller's Agent
Maria DelBoccio
@properties Christie's International Real Estate
Buyer's Agent
Mary Jo Keeley
HomeSmart Connect LLC
List Price
$285,000
Sold Price
$306,000
Premium/Discount to List
$21,000
7.37%
Views
1
Current Estimated Value
$434,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,431
Avg. Annual Appreciation
19.60%
Original Mortgage
$229,500
Outstanding Balance
$224,093
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$222,339

Purchase Details

Closed on
Nov 25, 1996
Sold by
Hornof Ann Marie
Bought by
Hornof Ann Marie and Ann Marie Hornof Declaration Of Trust
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
Pagan Kathleen D $306,000 First American Title
Pagan Kathleen D $306,000 First American Title
Hornof Ann Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pagan Kathleen D $229,500
Closed Pagan Kathleen D $229,500
Previous Owner Hickey John G $75,000
Previous Owner Hornof Ann Marie $95,000
Previous Owner Hornof Ann Marie $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $306,000 +7.4% $184 / Sq Ft
06/11/2023 06/11/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $285,000 -- $171 / 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 $8,366 $36,000 $11,400 $24,600
2023 $2,150 $36,000 $11,400 $24,600
2022 $2,150 $36,000 $11,400 $24,600
2021 $2,435 $29,916 $7,410 $22,506
2020 $2,222 $29,916 $7,410 $22,506
2019 $2,207 $33,240 $7,410 $25,830
2018 $2,467 $30,377 $6,270 $24,107
2017 $2,430 $30,377 $6,270 $24,107
2016 $2,793 $30,377 $6,270 $24,107
2015 $3,210 $26,923 $5,130 $21,793
2014 $3,090 $26,923 $5,130 $21,793
2013 $3,160 $26,923 $5,130 $21,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11802955

Midwest Real Estate Data (MRED)

APN: 08-12-306-023-0000