NOT LISTED FOR SALE

505 W Lonnquist Blvd Mount Prospect, IL 60056

Estimated Value: $362,000 - $472,089

3 Beds
2 Baths
1,439 Sq Ft
$293/Sq Ft Est. Value

Last Sold September 27, 2016

Last sale price $200,000 $139 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,908/month

36 Days on Market

Highlights

  • Ranch Style House
  • Attached Garage
  • 3-minute walk to Sunset Park
  • Lions Park Elementary School Rated 9+
  • Forced Air Heating and Cooling System

About This Home

As of September 2016

Prime Location! Terrific rehab project for the savy investor or first time home buyer with rehab loan. Spacious Brick Ranch with hardwood floors through out main floor. Nice wood burning fireplace in living room. Huge back yard and lot providing an opportunity for a build-out if needed. Full unfinished basement. SOLD "AS-IS".

Last Agent to Sell the Property

Joe Castillo

RE/MAX MI CASA License #471000216 Listed on: 06/07/2016

RE/MAX MI CASA

Last Buyer's Agent

Gabrielle Burja-Varga

Pro-Via Realty Corp. License #471017043

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,282

Year Built

  • 1950

Lot Details

  • 0.26

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • $6,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,282

Year Built

1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1950
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 21X13, On Level: Main Level, Flooring: Hardwood
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 13X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X8, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1439

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: 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: Circuit Breakers, Fuses
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 214
  • Junior High Dist: 57

Lot Info

  • Lot Dimensions: 75 X 100
  • Parcel Identification Number: 08142010080000

Tax Info

  • Taxes: 5854

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2020
Sold by
Pitariu Daniel and Pitariu Livia
Bought by
Pitariu Daniel and Pitariu Livia
Current Estimated Value
$422,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Outstanding Balance
$150,805
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$267,865

Purchase Details

Listed on
Jun 7, 2016
Closed on
Sep 23, 2016
Sold by
21St Mortgage Corp
Bought by
Pitariu Daniel and Duma Elena
Seller's Agent
Joe Castillo
RE/MAX MI CASA
Buyer's Agent
Gabrielle Burja-Varga
Pro-Via Realty Corp.
List Price
$236,000
Sold Price
$200,000
Premium/Discount to List
-$36,000
-15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%
Original Mortgage
$230,194
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 2016
Sold by
Deavila Bertha and Deavile Bertha
Bought by
21St Mortgage Corporation
Source: Public Records

Range of Values:

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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
Pitariu Daniel -- Cambridge Title Company
Pitariu Daniel -- Cambridge Title Company
Pitariu Daniel $200,000 Chicago Title Company
21St Mortgage Corporation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitariu Daniel $213,000
Closed Pitariu Daniel $230,194
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2016 09/27/16 Sold $200,000 -15.3% $139 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $236,000 0.0% $164 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $236,000 -- $164 / 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 $7,282 $32,109 $11,200 $20,909
2023 $5,270 $32,109 $11,200 $20,909
2022 $5,270 $32,109 $11,200 $20,909
2021 $6,799 $25,152 $7,280 $17,872
2020 $7,300 $27,027 $7,280 $19,747
2019 $7,295 $30,031 $7,280 $22,751
2018 $4,963 $19,658 $6,160 $13,498
2017 $5,653 $21,802 $6,160 $15,642
2016 $6,038 $25,227 $6,160 $19,067
2015 $5,939 $23,056 $5,040 $18,016
2014 $5,854 $23,056 $5,040 $18,016
2013 $6,612 $25,789 $5,040 $20,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09250787

Midwest Real Estate Data (MRED)

APN: 08-14-201-008-0000