NOT LISTED FOR SALE

502 N Elmhurst Ave Mount Prospect, IL 60056

North Mount Prospect Neighborhood

Estimated Value: $460,633 - $508,000

3 Beds
2 Baths
1,290 Sq Ft
$374/Sq Ft Est. Value

About This Home

This home is located at 502 N Elmhurst Ave, Mount Prospect, IL 60056 and is currently estimated at $482,158, approximately $373 per square foot. 502 N Elmhurst Ave is a home located in Cook County with nearby schools including Fairview Elementary School, Lincoln Middle School, and Prospect High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2020
Sold by
Brien Nicholas R O and Brien Melinda A O
Bought by
Heaton Michael J and Heaton Kalene A
Current Estimated Value
$482,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Outstanding Balance
$300,992
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$181,166

Purchase Details

Closed on
May 10, 2016
Sold by
Brien Nicholas R O and Brien Melinda A O
Bought by
Brien Nicholas R O

Purchase Details

Closed on
Jul 27, 2009
Sold by
Us Bank Na
Bought by
Larson Bruce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2006
Sold by
Sheridan Dean
Bought by
Tamas Liviu S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 8, 2001
Sold by
Sheridan David J and Sheridan Estee M
Bought by
Sheridan David J and Sheridan Estee M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Heaton Michael J $380,000 Chicago Title Company
Brien Nicholas R O -- None Available
Larson Bruce E $210,000 1St American Title
Tamas Liviu S $355,000 Republic Title Company
Sheridan David J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heaton Michael J $342,000
Previous Owner Larson Bruce E $168,000
Previous Owner Tamas Liviu S $284,000
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 $9,175 $39,000 $8,712 $30,288
2024 $9,175 $29,448 $7,260 $22,188
2023 $8,822 $33,000 $7,260 $25,740
2022 $8,822 $33,000 $7,260 $25,740
2021 $7,833 $25,187 $4,537 $20,650
2020 $7,148 $26,575 $4,537 $22,038
2019 $7,197 $29,727 $4,537 $25,190
2018 $7,044 $26,518 $3,993 $22,525
2017 $7,081 $26,518 $3,993 $22,525
2016 $6,360 $26,518 $3,993 $22,525
2015 $6,077 $23,584 $3,448 $20,136
2014 $5,988 $23,584 $3,448 $20,136
2013 $5,968 $23,584 $3,448 $20,136
Source: Public Records

Map

Illinois Cook County Mount Prospect 60056 North Mount Prospect

502 N Elmhurst Ave, Mount Prospect, IL

Not Listed for Sale

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.