NOT LISTED FOR SALE

505 N Elmhurst Rd Prospect Heights, IL 60070

Estimated Value: $721,025 - $899,000

4 Beds
3.5 Baths
2,293 Sq Ft
$352/Sq Ft Est. Value

Last Sold February 25, 2015

Last sale price $500,000 $218 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,464/month

238 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Whirlpool Bathtub
  • Anne Sullivan Elementary School Rated A-
  • Wood Flooring
  • Home Office

About This Home

As of February 2015

SUPERIOR CONSTRUCTION IN THIS MOSTLY 10 YR. NEW HOME ON APPROX 2/3 ACRE * TERRIFIC HOME FOR LARGE FAMILY HAS A GORGEOUS HUGE KIT, CHERRY CABS, GRANITE CTS, SS APPLS, TRAVERTINE FLR * 4TH BR 1ST FLR HAS ADJOINING FAM RM & FULL BATH - IDEAL IN-LAW SUITE * 2-CAR ATT GAR PLUS A 3-CAR DET HEATED GAR * SUPER-SIZED DECK * HUGE SHED * 2 FURNACES, 2 AC UNITS * LUXURY BATHS * DEN/OFC * 1ST FLR LDRY RM * IMMACULATELY MAINTAINED

Last Agent to Sell the Property

Linda Francis

Berkshire Hathaway HomeServices Starck Real Estate License #471001739 Listed on: 05/05/2014

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Peter Lipsey

Berkshire Hathaway HomeServices Chicago License #475131962

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,980

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 96 x 288 x 98 x 288
  • Paved or Partially Paved Lot

Parking

  • 5 Car Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Attached Fireplace Door
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Unfinished Attic

Kitchen

  • Double Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • Dwight D Eisenhower Elementary S
  • Macarthur Middle School
  • John Hersey High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Well
  • Water Softener is Owned

Community Details

  • Custom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,980

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rehab (Y/N): Yes
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Attached Fireplace Doors/Screen, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • Other Equipment: Water-Softener Owned, Ceiling Fan(s), Sump Pump
  • Room Type: Breakfast Room, Office
  • Basement Description: Unfinished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Attic: Unfinished

Exterior Features

  • ExteriorFeatures: Deck, Storage Shed
  • List Price: 560000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 5
  • Number of Cars: 5
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air, Zoned
  • Water Source: Private Well

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: DWIGHT D EISENHOWER ELEMENTARY S
  • High School: JOHN HERSEY HIGH SCHOOL
  • Middle/Junior School: MACARTHUR MIDDLE SCHOOL
  • Middle/Junior School District: 23

Lot Info

  • Lot Size Acres: 0.64
  • Lot Dimensions: 96 X 288 X 98 X 288
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 11980
  • Tax Year: 2012
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2020
Sold by
Sharma Divya
Bought by
Sharma Divya and Sharma Saurabh
Current Estimated Value
$807,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Outstanding Balance
$192,564
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$615,192

Purchase Details

Listed on
May 5, 2014
Closed on
Feb 25, 2015
Sold by
Ban Frank
Bought by
Sharma Divya
Seller's Agent
Linda Francis
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Peter Lipsey
Berkshire Hathaway HomeServices Chicago
List Price
$595,000
Sold Price
$500,000
Premium/Discount to List
-$95,000
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$400,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2002
Sold by
Ban Fran and Ban Barbara
Bought by
Ban Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.1%

Purchase Details

Closed on
Oct 17, 2002
Sold by
Ban Frank and Ban Barbara
Bought by
Ban Frank and Ban Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.1%

Purchase Details

Closed on
Dec 19, 2001
Sold by
Ban Fran and Ban Barbara
Bought by
Ban Frank and Ban Barbara

Purchase Details

Closed on
Oct 24, 1997
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Ban Frank and Ban Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
7.75%

Purchase Details

Closed on
Dec 30, 1994
Sold by
Olson John A and Olson Sandra
Bought by
Nbd Bank

Purchase Details

Closed on
Oct 27, 1994
Sold by
Vanleare Dennis
Bought by
Olson John A and Olson Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.91%

Purchase Details

Closed on
Sep 10, 1991
Sold by
Vanleare Roberta
Bought by
Vanleare Dennis
Source: Public Records

Range of Values:

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Average Value
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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
Sharma Divya -- Citywide Title Corporation
Sharma Divya $500,000 None Available
Ban Barbara -- --
Ban Frank -- --
Ban Frank -- --
Ban Frank $248,000 --
Nbd Bank -- --
Olson John A $162,500 Attorneys Title Guaranty Fun
Vanleare Dennis -- Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Divya $276,000
Closed Sharma Divya $400,000
Previous Owner Ban Frank $247,500
Previous Owner Ban Frank $198,000
Previous Owner Olson John A $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2015 02/25/15 Sold $500,000 -10.7% $218 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
09/03/2014 09/03/14 Price Changed $560,000 -5.9% $244 / Sq Ft
05/05/2014 05/05/14 For Sale $595,000 -- $259 / 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 $14,331 $51,000 $11,480 $39,520
2023 $13,407 $51,000 $11,480 $39,520
2022 $13,407 $51,000 $11,480 $39,520
2021 $14,558 $47,729 $10,045 $37,684
2020 $14,171 $47,729 $10,045 $37,684
2019 $14,160 $53,389 $10,045 $43,344
2018 $12,662 $44,394 $8,610 $35,784
2017 $12,538 $44,394 $8,610 $35,784
2016 $11,921 $44,394 $8,610 $35,784
2015 $11,168 $38,168 $7,175 $30,993
2014 $11,067 $38,168 $7,175 $30,993
2013 $10,777 $38,168 $7,175 $30,993
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08605035

Midwest Real Estate Data (MRED)

APN: 03-22-201-027-0000