NOT LISTED FOR SALE

507 S Carol Ln Mount Prospect, IL 60056

Estimated Value: $619,000 - $659,000

4 Beds
2.5 Baths
2,708 Sq Ft
$234/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $455,000 $168 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,359/month

9 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • 2 Car Attached Garage
  • Rolling Meadows High School Rated A+
  • Formal Dining Room
  • Patio

About This Home

As of July 2021

This impeccably maintained one-owner Colonial, solidly constructed by Kaplan-Braun, includes 4 spacious bedrooms, 2.5 bathrooms, multiple large living areas, and an eat-in kitchen. First floor features an expansive living room with bay window which opens to dining room, a family room with sliding glass door overlooking patio and beautifully landscaped yard, and a sunny kitchen with custom tile. First floor also includes a half bath and laundry room. Second floor features a large master bedroom and bathroom suite with walk-in closet, a second bathroom with double sinks and separate tub/shower, and three additional bedrooms with ample storage space. As a special bonus feature, this home offers hardwood floors in FR, LR, DR, and bedrooms underneath the carpeting (hardwood floors can be seen in FR and in two of the bedroom closets). Also includes a finished basement with workshop area. Located on a beautiful tree-lined street with a multitude of parks and outdoor space nearby, with Forest View Elementary and Holmes Middle School mere blocks away.

Last Agent to Sell the Property

Ryan Cherney

Circle One Realty License #471019427 Listed on: 05/21/2021

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,347

Year Built

  • Built in 1969

Lot Details

  • 8,625 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,708 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Recreation Room
  • Wood Flooring
  • Unfinished Attic
  • Storm Screens

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Patio
  • Outdoor Grill

Schools

  • Forest View Elementary School
  • Holmes Junior High School
  • Rolling Meadows High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Water Softener is Owned

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,347

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1969
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors
  • LivingArea: 2708
  • Other Equipment: Water-Softener Owned, Fan-Attic Exhaust, Sump Pump
  • Room Type: Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2708
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Attic: Unfinished

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens, Outdoor Grill
  • Foundation Details: Concrete Perimeter
  • List Price: 479900
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Electric
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Forest View Elementary School
  • High School: Rolling Meadows High School
  • Middle/Junior School: Holmes Junior High School
  • Middle/Junior School District: 59

Lot Info

  • Lot Size Acres: 0.198
  • Lot Dimensions: 0.198
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

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

Tax Info

  • Tax Annual Amount: 6346.98
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 23, 2021
Sold by
Malecha Veronica and The Frank W Malecha Revocable
Bought by
Lewis Christopher and Lewis Rebecca
Seller's Agent
Ryan Cherney
Circle One Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$479,900
Sold Price
$455,000
Premium/Discount to List
-$24,900
-5.19%
Current Estimated Value
$630,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,805
Avg. Annual Appreciation
7.44%
Original Mortgage
$409,500
Outstanding Balance
$376,074
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$234,503

Purchase Details

Closed on
Dec 28, 2004
Sold by
Malecha Veronica
Bought by
Malecha Veronica and Frank W Malecha Revocable B Trust

Purchase Details

Closed on
Nov 30, 1995
Sold by
Malecha Frank W and Malecha Veronica P
Bought by
Malecha Frank W and Malecha Veronica
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
Lewis Christopher $455,000 Alliance Title Corporation
Malecha Veronica -- --
Malecha Frank W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Christopher $409,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $455,000 -5.2% $168 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $479,900 -- $177 / 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 $10,861 $45,000 $8,628 $36,372
2023 $10,402 $45,000 $8,628 $36,372
2022 $10,402 $45,000 $8,628 $36,372
2021 $6,970 $38,802 $5,608 $33,194
2020 $6,318 $38,802 $5,608 $33,194
2019 $6,347 $43,598 $5,608 $37,990
2018 $7,183 $36,429 $4,745 $31,684
2017 $7,079 $36,429 $4,745 $31,684
2016 $7,611 $40,163 $4,745 $35,418
2015 $8,367 $33,479 $4,314 $29,165
2014 $8,257 $33,479 $4,314 $29,165
2013 $8,952 $36,786 $4,314 $32,472
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11095962

Midwest Real Estate Data (MRED)

APN: 08-10-416-023-0000