NOT LISTED FOR SALE

503 W Lonnquist Blvd Mount Prospect, IL 60056

Estimated Value: $328,000 - $392,458

0.25 Acre
$1,415,460 Price per Acre
10,890 Sq Ft Lot

Last Sold October 24, 2023

Last sale price $300,000 $265 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,474/month

4 Days on Market

About This Lot

As of October 2023

This is it! Build your dream home on this beautiful 1/4 acre lot - 70 X 160. Most Mount Prospect lots are 1/6 acre. Location can't be beat! Just over 1 mile to the Metra Train Station, Library, many restaurants and Caputo's Fresh Market. Enjoy the many downtown festivals all year long. Enjoy the Mount Prospect Golf Course only 4 1/2 blocks away, and Sunset Park only 3 houses away from this property. All power, sewer and water at property edge.

Last Agent to Sell the Property

Tom & Mary Zander

Berkshire Hathaway HomeServices Starck Real Estate License #471004159 Listed on: 09/11/2023

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Maria DelBoccio

@properties Christie's International Real Estate License #475146842

@properties Christie's International Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,403

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 70 x 160
  • Property is zoned SINGL

Schools

  • Lions Park Elementary School
  • Lincoln Junior High School
  • Prospect High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$5,403

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 70
  • Frontage Type: City Street
  • List Price: 309900
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water to Site

Schools

  • Elementary School: Lions Park Elementary School
  • High School: Prospect High School
  • Middle/Junior School: Lincoln Junior High School
  • Middle/Junior School District: 57

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 70 X 160
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Estimated Land Sq Ft: 11200
  • Land Description: Cleared,Level

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 5402.89
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2023
Closed on
Oct 24, 2023
Sold by
Hoefert Paul W and Hoefert Linda
Bought by
Byrne Kevin J and Byrne Sandra
Seller's Agent
Tom & Mary Zander
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Maria DelBoccio
@properties Christie's International Real Estate
List Price
$309,900
Sold Price
$300,000
Premium/Discount to List
-$9,900
-3.19%
Views
16
Current Estimated Value
$353,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,865
Avg. Annual Appreciation
9.51%

Purchase Details

Closed on
Aug 24, 2021
Sold by
Edmiston Charlene M and Family Trust Of Robert J Edmis
Bought by
Serowski Julie M and Serowski Julie M

Purchase Details

Closed on
Aug 20, 2020
Sold by
Edmiston Charlene M and Robert J Edmiston Trust
Bought by
Edmiston Charlene M and Robert J Edmiston Of Family Tr

Purchase Details

Closed on
Dec 23, 2005
Sold by
Edmiston Robert J and Edmiston Charlene M
Bought by
Edmiston Robert J and The Robert J Edmiston Trust
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
Byrne Kevin J $300,000 None Listed On Document
Serowski Julie M -- Accommodation
Edmiston Charlene M -- Attorney
Edmiston Robert J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liv Julie M Serowski Revocable $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Sold $300,000 -3.2% $265 / Sq Ft
09/16/2023 09/16/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $309,900 +31.9% $274 / Sq Ft
10/20/2022 10/20/22 Sold $235,000 -14.5% $207 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $275,000 +17.0% $243 / Sq Ft
09/13/2022 09/13/22 Off Market $235,000 -- --
08/28/2022 08/28/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $275,000 -- $243 / 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
2024 $6,546 $11,200 $11,200 --
2023 $5,378 $23,500 $11,200 $12,300
2022 $5,378 $23,500 $11,200 $12,300
2021 $5,403 $20,670 $7,280 $13,390
2020 $5,360 $20,670 $7,280 $13,390
2019 $5,358 $22,967 $7,280 $15,687
2018 $5,714 $22,113 $6,160 $15,953
2017 $5,748 $22,113 $6,160 $15,953
2016 $5,211 $22,113 $6,160 $15,953
2015 $4,720 $18,863 $5,040 $13,823
2014 $4,924 $19,800 $5,040 $14,760
2013 $4,902 $19,800 $5,040 $14,760
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: 11882662

Midwest Real Estate Data (MRED)

APN: 08-14-201-009-0000