NOT LISTED FOR SALE

502 S Mount Prospect Rd Des Plaines, IL 60016

Estimated Value: $429,000 - $490,000

3 Beds
2 Baths
1,749 Sq Ft
$257/Sq Ft Est. Value

Last Sold July 26, 2018

Last sale price $281,000 $161 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,075/month

22 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Attached Garage
  • Elk Grove High School Rated A
  • Whirlpool Bathtub
  • Entrance Foyer

About This Home

As of July 2018

BEAUTIFULLY UPDATED 3 BEDROOM SPLIT LEVEL HOME BOASTS RECENT REMODELED KITCHEN WITH 42' CHERRY CABINETS,STAINLESS STEEL APPLIANCES,GRANITE COUNTERS AND EAT-IN AREA SPACE. VAULTED CEILING IN THE LR/DR WITH HARDWOOD FLOORS AND SEPARATE DINING ROOM AREA OVERLOOKING THE SPACIOUS LIVING ROOM. FAMILY ROOM HAS WOOD LAMINATE FLOORS AND SLIDING DOOR TO LARGE FENCED YARD WITH PATIO. SECOND LEVEL WITH 3 BEDROOMS WITH HARDWOOD FLOORS AND UPDATED HALL BATH WITH CEREMIC FLOOR AND WHIRLPOOL TUB.LARGE (STAND UP) CRAWL SPACE WITH TONS OF STORAGE. ADDITIONAL PARKING SPACES BY SIDE OF THE HOUSE. NEW MARIANO'S IS 2 BLOCKS DOWN THE STREET. MOVE IN READY HOME! COME SEE!

Last Agent to Sell the Property

Kathy Milicevic

Coldwell Banker Realty License #475139309 Listed on: 05/31/2018

Coldwell Banker Realty

Last Buyer's Agent

Rory Fiedler

Better Real Estate, LLC License #475169249

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,521

Year Built

  • 1968

Lot Details

  • 8,189

Parking

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

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Whirlpool Bathtub
  • Vaulted Ceiling
  • Entrance Foyer
  • Wood Flooring
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave

Laundry

  • Dryer
  • Washer

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,521

Year Built

1968

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Type Detached: Split Level
  • Estimated Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer
  • Equipment: Humidifier, Ceiling Fan
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 09X05, On Level: Lower, Flooring: Wood Laminate
  • Dining Room: Dimensions: 17X09, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 17X09, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 17X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Foyer, Dimensions: 11X08, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 15X10, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 15X10, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1749
  • Dining Room Type: Separate
  • Family Room: Dimensions: 15X15, On Level: Lower, Flooring: Wood Laminate

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick

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

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 214
  • Elementary School: BRENTWOOD ELEMENTARY SCHOOL
  • Middle School: FRIENDSHIP JUNIOR HIGH SCHOOL
  • High School: ELK GROVE HIGH SCHOOL
  • Junior High Dist: 59

Lot Info

  • Lot Dimensions: 79X134X73X104
  • Parcel Identification Number: 08134180100000

Tax Info

  • Taxes: 6466

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
Jul 21, 2018
Sold by
Kassarjian Sylva and Kassarjian Krikor G
Bought by
Wickell Lisa M
Seller's Agent
Kathy Milicevic
Coldwell Banker Realty
Buyer's Agent
Rory Fiedler
Better Real Estate, LLC
List Price
$292,500
Sold Price
$281,000
Premium/Discount to List
-$11,500
-3.93%
Current Estimated Value
$449,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,345
Avg. Annual Appreciation
6.89%
Original Mortgage
$175,910
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2008
Sold by
Gatica Carlos H and Gatica Brenda L
Bought by
Kassarjian Krikor G and Kassarjian Sylva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 6, 2006
Sold by
Mancilla Mario
Bought by
Gatica Carlos H and Gatica Brenda L

Purchase Details

Closed on
Jul 22, 2005
Sold by
Gatica Carlos H and Gatica Brenda L
Bought by
Moncilla Mario

Purchase Details

Closed on
Jul 1, 2003
Sold by
Rehan Sam T and Rehan Anita A
Bought by
Gatica Carlos H and Gatica Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 24, 1998
Sold by
Savocchia Daniel S and Savocchia Mary E
Bought by
Rehan Sam T and Rehan Anita A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,750
Interest Rate
7.2%
Mortgage Type
FHA
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.

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
Wickell Lisa M $281,000 Fidelity National Title
Kassarjian Krikor G $235,000 First American Title
Gatica Carlos H -- None Available
Moncilla Mario -- Chicago Title Insurance Comp
Gatica Carlos H $265,000 Cti
Rehan Sam T $167,500 Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wickell Lisa M $325,600
Closed Wickell Lisa M $325,600
Closed Wickell Lisa M $273,801
Closed Wickell Lisa M $273,993
Closed Wickell Lisa M $175,910
Previous Owner Kassarjian Krikor G $46,900
Previous Owner Kassarjian Krikor G $23,900
Previous Owner Kassarjian Krikor G $223,250
Previous Owner Gatica Carlos H $212,000
Previous Owner Rehan Sam T $180,000
Previous Owner Rehan Sam T $177,500
Previous Owner Pehan Sam T $158,998
Previous Owner Rehan Sam T $155,750
Closed Gatica Carlos H $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2018 07/26/18 Sold $281,000 0.0% $161 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/21/2018 06/21/18 Off Market $281,000 -- --
05/31/2018 05/31/18 For Sale $292,500 0.0% $167 / Sq Ft
09/23/2016 09/23/16 Rented $1,800 0.0% --
09/20/2016 09/20/16 Under Contract -- -- --
08/19/2016 08/19/16 Off Market $1,800 -- --
08/09/2016 08/09/16 For Rent $1,800 -- --
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
2024 $7,521 $33,000 $7,371 $25,629
2023 $7,166 $33,000 $7,371 $25,629
2022 $7,166 $33,000 $7,371 $25,629
2021 $6,113 $25,333 $4,914 $20,419
2020 $6,041 $25,333 $4,914 $20,419
2019 $6,959 $28,148 $4,914 $23,234
2018 $6,378 $26,255 $4,095 $22,160
2017 $6,278 $26,255 $4,095 $22,160
2016 $6,467 $27,551 $4,095 $23,456
2015 $6,003 $24,410 $3,685 $20,725
2014 $5,951 $24,410 $3,685 $20,725
2013 $5,809 $24,410 $3,685 $20,725
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09967925

Midwest Real Estate Data (MRED)

APN: 08-13-418-010-0000