NOT LISTED FOR SALE

503 S School St Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $525,000 - $564,000

3 Beds
2 Baths
1,972 Sq Ft
$275/Sq Ft Est. Value

About This Home

This home is located at 503 S School St, Mount Prospect, IL 60056 and is currently estimated at $541,853, approximately $274 per square foot. 503 S School St 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
Dec 1, 2020
Sold by
Aldape Rafael E
Bought by
Aldap Rafael E and Coopmans Julia Lydia
Current Estimated Value
$541,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
2.7%
Mortgage Type
New Conventional
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.

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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
Aldap Rafael E -- Citywide Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aldap Rafael E $185,000
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
2025 $9,201 $49,000 $10,138 $38,862
2024 $9,201 $39,000 $8,448 $30,552
2023 $8,797 $39,000 $8,448 $30,552
2022 $8,797 $39,000 $8,448 $30,552
2021 $7,567 $30,279 $5,491 $24,788
2020 $8,727 $34,184 $5,491 $28,693
2019 $7,175 $32,334 $5,491 $26,843
2018 $7,791 $31,651 $4,646 $27,005
2017 $9,709 $31,651 $4,646 $27,005
2016 $7,921 $34,099 $4,646 $29,453
2015 $7,200 $27,395 $3,801 $23,594
2014 $7,094 $27,395 $3,801 $23,594
2013 $7,959 $30,509 $3,801 $26,708
Source: Public Records

Map

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

503 S School St, Mount Prospect, IL

Not Listed for Sale

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