NOT LISTED FOR SALE

505 S Albert St Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $486,000 - $543,000

3 Beds
2 Baths
1,800 Sq Ft
$287/Sq Ft Est. Value

About This Home

This home is located at 505 S Albert St, Mount Prospect, IL 60056 and is currently estimated at $515,848, approximately $286 per square foot. 505 S Albert 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
Jun 14, 1999
Sold by
Frasco Daniel R
Bought by
Lawless Mark P and Lawless Kimberly A
Current Estimated Value
$515,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,200
Outstanding Balance
$47,908
Interest Rate
7.29%
Estimated Equity
$467,940

Purchase Details

Closed on
Dec 11, 1995
Sold by
Frasco Daniel R and Frasco Lori Lynn
Bought by
Frasco Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,750
Interest Rate
7.45%
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

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Quantarium

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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
Lawless Mark P $238,000 --
Frasco Daniel R -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawless Mark P $189,200
Previous Owner Frasco Daniel R $157,750
Closed Lawless Mark P $25,000
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 $9,383 $46,000 $12,705 $33,295
2024 $9,383 $37,001 $10,588 $26,413
2023 $8,994 $37,001 $10,588 $26,413
2022 $8,994 $37,001 $10,588 $26,413
2021 $7,291 $26,730 $6,987 $19,743
2020 $7,209 $26,730 $6,987 $19,743
2019 $7,205 $29,701 $6,987 $22,714
2018 $8,724 $31,950 $6,140 $25,810
2017 $8,765 $31,950 $6,140 $25,810
2016 $7,824 $31,950 $6,140 $25,810
2015 $7,910 $29,838 $5,505 $24,333
2014 $7,792 $29,838 $5,505 $24,333
2013 $7,768 $29,838 $5,505 $24,333
Source: Public Records

Map

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

505 S Albert St, Mount Prospect, IL

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