NOT LISTED FOR SALE

501 S Pine St Mount Prospect, IL 60056

Estimated Value: $417,000 - $478,000

3 Beds
1.5 Baths
1,373 Sq Ft
$321/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $314,900 $229 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,097/month

2 Days on Market

Highlights

  • Property is near park
  • Living Room with Fireplace
  • Ranch Style House
  • Lions Park Elementary School Rated 10
  • Recreation Room
  • Wood Flooring

About This Home

As of August 2021

Great price! Great home! Great location! Downtown Mount Prospect, near Metra & Lions Park School & Park. Lovely 3 bedrooms, 1-1/2 bath brick ranch with 2 car attached garage. Home has generous sized bedrooms. Hardwood floors under the carpeting in the living & dining rooms, hall & all 3 bedrooms. Wood burning fireplaces on main floor and in rec room. Eat-In kitchen with plenty of space and a bright sun room. Patio off sunroom. Basement has 2 large rec rooms, one with a fireplace, the other with a beautiful pool table that can stay with home. There is also a large laundry room and a workshop/storage room. Newer Mechanicals; Furnace & A/C '19, water heater'17, sump pump'19. New Roof in 2019.

Last Agent to Sell the Property

Keith Ambler

Picket Fence Realty Mt. Prospect License #475134708 Listed on: 07/01/2021

Co-Listed By

Yvonne Ambler

Berkshire Hathaway HomeServices Starck Real Estate License #475137496

Last Buyer's Agent

Bunny Va

Keller Williams Realty Ptnr,LL License #475184663

Keller Williams Realty Ptnr,LL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,240

Year Built

  • Built in 1956

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,373 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Recreation Room
  • Workshop
  • Sun or Florida Room
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Carbon Monoxide Detectors

Kitchen

  • Gas Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement

Schools

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

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Additional Features

  • Air Purifier
  • Patio
  • Property is near park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Ranch

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,240

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: Ranch
  • 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: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer, Gas Oven
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • LivingArea: 1373
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump, Air Purifier
  • Room Type: Recreation Room, Sun Room, Workshop
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 0
  • Attic: Pull Down Stair

Exterior Features

  • DirectionFaces: North
  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • 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

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 157
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 8239.73
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Jul 28, 2021
Sold by
Heath Daniel S and Heath Heather
Bought by
Ath Jimmy and Yang Leng
Seller's Agent
Keith Ambler
Picket Fence Realty Mt. Prospect
Buyer's Agent
Bunny Va
Keller Williams Realty Ptnr,LL
List Price
$314,900
Sold Price
$314,900
Current Estimated Value
$441,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,843
Avg. Annual Appreciation
7.92%
Original Mortgage
$251,920
Outstanding Balance
$227,417
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$213,320

Purchase Details

Closed on
Aug 28, 2007
Sold by
Healy Living Trust
Bought by
Heath Daniel S and Heath Heather G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,700
Interest Rate
6.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 18, 2004
Sold by
Healey Marion G
Bought by
Healey Living Trust
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
Ath Jimmy $315,000 Precision Title
Heath Daniel S $250,000 Ticor Title Insurance Co
Healey Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ath Jimmy $251,920
Previous Owner Heath Daniel S $182,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2021 08/06/21 Sold $314,900 0.0% $229 / Sq Ft
07/04/2021 07/04/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $314,900 -- $229 / 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
2025 $9,471 $40,000 $9,420 $30,580
2024 $9,471 $34,000 $7,850 $26,150
2023 $9,107 $34,000 $7,850 $26,150
2022 $9,107 $34,000 $7,850 $26,150
2021 $8,349 $30,126 $5,102 $25,024
2020 $8,246 $30,126 $5,102 $25,024
2019 $8,240 $33,474 $5,102 $28,372
2018 $7,870 $29,161 $4,317 $24,844
2017 $7,910 $29,161 $4,317 $24,844
2016 $7,083 $29,161 $4,317 $24,844
2015 $6,534 $25,105 $3,532 $21,573
2014 $6,440 $25,105 $3,532 $21,573
2013 $6,416 $25,105 $3,532 $21,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11141920

Midwest Real Estate Data (MRED)

APN: 08-12-307-001-0000