NOT LISTED FOR SALE

502 Elmhurst Rd Mount Prospect, IL 60056

Estimated Value: $388,000 - $500,000

4 Beds
2 Baths
1,300 Sq Ft
$342/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $310,000 $238 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,093/month

40 Days on Market

Highlights

  • Ranch Style House
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Lions Park Elementary School Rated 10
  • Breakfast Bar

About This Home

As of August 2020

Sensational 4 bedroom ranch home that has it all. Gracious living spaces with quality finishes and attention to detail throughout. Hardwood floors, updated bathrooms, jet tub. The kitchen is the heart of the home in this eat-in Kitchen with granite counters and back splash. Inviting full finished basement area with large bar, great for entertaining! If you have to wash a lot of clothing, you'll love the laundry room which features 2 sets of washers and dryers, maximizing laundry cleaning and saving you time. Large patio right off the kitchen, leading to the private backyard. Blocks from the metra, downtown shops and Mt. Prospect Golf Club. Award winning schools! Newer mechanicals. Surround sound throughout the entire home. Pride of ownership.

Last Agent to Sell the Property

Lala Mahoney

Jameson Sotheby's International Realty License #471018551 Listed on: 06/17/2020

Jameson Sotheby's International Realty

Co-Listed By

Chris Stephens

Century 21 Circle License #471018529

Last Buyer's Agent

Phil Moss

Baird & Warner License #475125285

Baird & Warner

Home Details

Home Type

  • Single Family

Year Built

  • 1956

Lot Details

  • 7,405

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $1,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1956
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 22X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 11X5, On Level: Basement, Flooring: Other
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X13, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 16X11, On Level: Basement, Flooring: Carpet
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 21X27, On Level: Basement, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.1722

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Assessed Sq Ft: 1231

Schools

  • Junior High Dist: 57

Lot Info

  • Lot Dimensions: 7500
  • Parcel Identification Number: 08114200120000

Tax Info

  • Taxes: 5633.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Aug 18, 2020
Sold by
Wosick Patricia L and Wosick Patricia L
Bought by
Moss Ruth and The Ruth Moss Trust
Seller's Agent
Lala Mahoney
Jameson Sotheby's International Realty
Buyer's Agent
Phil Moss
Baird & Warner
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Current Estimated Value
$458,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,718
Avg. Annual Appreciation
6.94%

Purchase Details

Closed on
Jan 20, 1999
Sold by
Wosick Curt A and Wosick Patricia L
Bought by
Declaration Wosick Patricia L and Patricia L Wosick Declaration Of Trust

Purchase Details

Closed on
Nov 9, 1993
Sold by
Wosick Curt A and Wosick Patricia L
Bought by
Wosick Curt A and Wosick Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.88%
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
Moss Ruth $310,000 Chicago Title Company
Declaration Wosick Patricia L -- --
Wosick Curt A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wosick Curt A $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $310,000 -1.6% $238 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/23/2020 07/23/20 Price Changed $315,000 -3.1% $242 / Sq Ft
06/17/2020 06/17/20 For Sale $325,000 -- $250 / 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 $8,357 $35,000 $9,000 $26,000
2024 $8,357 $30,000 $7,500 $22,500
2023 $8,035 $30,000 $7,500 $22,500
2022 $8,035 $30,000 $7,500 $22,500
2021 $7,964 $25,559 $4,875 $20,684
2020 $6,852 $25,559 $4,875 $20,684
2019 $6,848 $28,399 $4,875 $23,524
2018 $5,634 $21,851 $4,125 $17,726
2017 $5,902 $22,615 $4,125 $18,490
2016 $5,609 $23,612 $4,125 $19,487
2015 $4,798 $19,132 $3,375 $15,757
2014 $5,239 $20,904 $3,375 $17,529
2013 $5,695 $22,579 $3,375 $19,204
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10530012

Midwest Real Estate Data (MRED)

APN: 08-11-420-012-0000