NOT LISTED FOR SALE

502 N Fairview Ave Mount Prospect, IL 60056

North Mount Prospect Neighborhood

Estimated Value: $407,000 - $438,000

3 Beds
1 Bath
1,061 Sq Ft
$404/Sq Ft Est. Value

Sale Details

Date Sold: August 5, 2016

Last sale price $264,000 $249 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,926 / mo

38 Days on Market

Highlights

  • Landscaped Professionally
  • Ranch Style House
  • Workshop
  • Fairview Elementary School Rated 9+
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of August 2016

PRIME OPPORTUNITY TO OWN AN UPDATED HOME IN PROSPECT H.S. SCHOOL DISTRICT! YOU'LL LOVE THE NEW KITCHEN WITH CABINETRY, QUARTZ COUNTERTOPS AND STAINLESS APPLIANCES THAT OPENS TO THE FAMILY ROOM. A GREAT DECOR WITH HARDWOOD FLOORS AND FRESH NEUTRAL PAINT THROUGHOUT. THE BATHROOM IS DESIGNED WITH NEWER FIXTURES AND FLOORING. THERE'S PLENTY OF EXTRA SPACE IN THE LOWER LEVEL FEATURING A FINISHED REC ROOM, 4TH BEDROOM WITH AMPLE CLOSETS AND STORAGE. THE CHARMING FENCED YARD HAS A PATIO, STORAGE SHED & SWING SET, WHICH IS GREAT FOR FAMILIES AND ENTERTAINING. THERE'S NOTHING TO DO BUT MOVE IN AND ENJOY!

Last Agent to Sell the Property

Teri Denis

Jameson Sotheby's International Realty License #475132895 Listed on: 05/20/2016

Jameson Sotheby's International Realty

Last Buyer's Agent

Laura Parisi

@properties Christie's International Real Estate License #475163022

@properties Christie's International Real Estate
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,669

Year Built

  • Built in 1957

Lot Details

  • Lot Dimensions are 55 x 138.8
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1,061 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Workshop
  • Utility Room with Study Area
  • Laundry Room
  • Wood Flooring
  • Unfinished Attic
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • 1 Full Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Community Details

  • Prospect Manor Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,669

Year Built

Built in 1957

Lot Details

7,275 Sq Ft Lot

Parking

1

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
  • Subdivision Name: PROSPECT MANOR
  • Year Built: 1957
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1061
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Room Type: Workshop
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 1
  • Attic: Unfinished
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Landscaped
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • 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, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 55 X 138.8
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4669.31
  • Tax Year: 2014
  • Tax Exemptions: Homeowner

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Aug 5, 2016
Sold by
Bought by
Seller's Agent
Teri Denis
Jameson Sotheby's International Realty
Buyer's Agent
Laura Parisi
@properties Christie's International Real Estate
List Price
$299,000
Sold Price
$264,000
Premium/Discount to List
-$35,000
-11.71%
Current Estimated Value
$428,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,212
Avg. Annual Appreciation
4.94%
Original Mortgage
$221,000
Outstanding Balance
$173,110
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$255,102

Purchase Details

Closed on
Jun 23, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,350
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in North Mount Prospect, IL

  • Holly Connors Real Estate Agent - @properties Christie's International Real Estate

    Holly Connors

    @properties Christie's International Real Estate

    (773) 985-2352

    760 Total Sales

    13 in North Mount Prospect

    $270K - $589K Price Range

    Holly Connors
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  • Jason Rosenberg Real Estate Agent - Infiniti Properties, Inc.

    Jason Rosenberg

    Responds Quickly

    Infiniti Properties, Inc.

    (833) 324-4132

    174 Total Sales

    1 in North Mount Prospect

    $263,000 Price

    Jason Rosenberg
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  • Mathew Maplate Real Estate Agent - KNA Realty

    Mathew Maplate

    KNA Realty

    (224) 287-9597

    19 Total Sales

    1 in North Mount Prospect

    $100,000 Price

    Mathew Maplate
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  • Bill Dafnis Real Estate Agent - Keller Williams Thrive

    Bill Dafnis

    Responds Quickly

    Keller Williams Thrive

    (844) 748-0782

    60 Total Sales

    2 in North Mount Prospect

    $390K - $450K Price Range

    Bill Dafnis
     Section Image
  • Kinga Korpacz Real Estate Agent - Exit Realty Redefined

    Kinga Korpacz

    Exit Realty Redefined

    (773) 492-8059

    243 Total Sales

    2 in North Mount Prospect

    $100K - $139K Price Range

    Kinga Korpacz
     Section Image
  • Egle Vasiliauskiene Real Estate Agent - Amber Realty Inc.

    Egle Vasiliauskiene

    Amber Realty Inc.

    (224) 479-1151

    41 Total Sales

    1 in North Mount Prospect

    $310,000 Price

    Egle Vasiliauskiene
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$264,000 Stewart Title
$191,500 Chicago Title Land Trust Co
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $221,000
Previous Owner $172,350
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/05/2016 08/05/16 Sold $264,000 -4.0% $249 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
06/20/2016 06/20/16 Price Changed $275,000 -8.0% $259 / Sq Ft
06/08/2016 06/08/16 For Sale $299,000 0.0% $282 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $299,000 -- $282 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,863 $31,000 $8,712 $22,288
2024 $6,863 $28,000 $7,260 $20,740
2023 $6,571 $28,000 $7,260 $20,740
2022 $6,571 $28,000 $7,260 $20,740
2021 $6,695 $24,860 $4,537 $20,323
2020 $6,626 $24,860 $4,537 $20,323
2019 $6,672 $27,808 $4,537 $23,271
2018 $7,219 $23,658 $3,993 $19,665
2017 $7,238 $23,658 $3,993 $19,665
2016 $5,603 $23,658 $3,993 $19,665
2015 $4,735 $18,956 $3,448 $15,508
2014 $4,669 $18,956 $3,448 $15,508
2013 $4,650 $18,956 $3,448 $15,508
Source: Public Records

Agents Affiliated with this Home

  • Teri Denis Real Estate Agent - Jameson Sotheby's International Realty

    Seller's Agent in 2016

    Teri Denis

    Jameson Sotheby's International Realty

    (224) 715-5160

    15 Total Sales

    Teri Denis
    Section Image
  • Laura Parisi Real Estate Agent - @ Properties

    Buyer's Agent in 2016

    Laura Parisi

    @ Properties

    (847) 997-4533

    3 in this area

    35 Total Sales

    Laura Parisi
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09232531

Midwest Real Estate Data (MRED)

APN: 03-34-116-021-0000

Illinois Cook County Mount Prospect 60056 North Mount Prospect

502 N Fairview Ave, Mount Prospect, IL

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.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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