NOT LISTED FOR SALE

501 W Shabonee Trail Mount Prospect, IL 60056

Estimated Value: $555,186 - $711,000

3 Beds
3 Baths
1,774 Sq Ft
$370/Sq Ft Est. Value

About This Home

This home is located at 501 W Shabonee Trail, Mount Prospect, IL 60056 and is currently estimated at $656,547, approximately $370 per square foot. 501 W Shabonee Trail 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
May 13, 2025
Sold by
Ehlman Brett D and Ehlman Todd
Bought by
Gallant Robert Carsten and Gallant Mary
Current Estimated Value
$656,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$638,252
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$18,296

Purchase Details

Closed on
Nov 12, 2019
Sold by
Ehlman Todd J
Bought by
Ehlman Paige L and Ehlman Brett D

Purchase Details

Closed on
Feb 7, 2016
Sold by
Ehlman Diane G and Ehlman Paul M
Bought by
Ehlman Paul M and The Paul M Ehlman Family Trust

Purchase Details

Closed on
Nov 29, 2011
Sold by
Ehlman Paul M
Bought by
Ehlman Diane G
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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

Date Buyer Sale Price Title Company
Gallant Robert Carsten $700,000 None Listed On Document
Ehlman Paige L -- None Available
Ehlman Paul M -- Attorney
Ehlman Diane G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallant Robert Carsten $640,000
Source: Public Records

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 $6,571 $25,248 $10,749 $14,499
2023 $6,304 $25,248 $10,749 $14,499
2022 $6,304 $25,248 $10,749 $14,499
2021 $4,464 $15,993 $6,986 $9,007
2020 $4,407 $15,993 $6,986 $9,007
2019 $3,995 $17,653 $6,986 $10,667
2018 $4,217 $16,875 $5,911 $10,964
2017 $4,245 $16,875 $5,911 $10,964
2016 $3,914 $16,875 $5,911 $10,964
2015 $3,449 $14,113 $4,837 $9,276
2014 $3,404 $14,113 $4,837 $9,276
2013 $3,386 $14,113 $4,837 $9,276
Source: Public Records

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