NOT LISTED FOR SALE

507 S Louis St Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $424,000 - $458,080

3 Beds
1.5 Baths
1,320 Sq Ft
$337/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $358,000 $271 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,179/month

9 Days on Market

Highlights

  • Property is near a park
  • Ranch Style House
  • 1.5 Car Attached Garage
  • Lions Park Elementary School Rated 9+
  • Wood Flooring
  • Patio

About This Home

As of November 2022

*ALL BRICK*RANCH-STYLE HOME*LOCATED IN *LIONS PARK* NEIGHBORHOOD* Less than half a mile to Lions Memorial Park and Recreation Center (10.0 acres). SPACIOUS EAT-IN KITCHEN Features Newer Cabinets, Tile Back-Splash, 5-burner Gas Range and Heavy Duty Hood Fan for Superior Ventilation. HARDWOOD FLOORS* Updated Baths and Recessed Lighting. NEW ROOF - 2019, NEW EXPANDED CONCRETE Driveway and Garage floor - 2019 and NEW ELECTRIC PANEL. WALL-TO-WALL WINDOWS in Dining area Overlook the (55 X 135) BACKYARD. Located in the Heart of Mount Prospect! Minutes to Metra, Downtown. Exceptional School Districts #57 #214 - Lions Park Elementary, Lincoln Middle School and Prospect HS. LOCK IN YOUR RATE ~ 30 day close is available. WATCH THE 3D TOUR & HURRY OVER!!

Last Agent to Sell the Property

Dawn Sullivan

Redfin Corporation License #475155261 Listed on: 10/07/2022

Last Buyer's Agent

Jarek Jastrzebski

eXp Realty License #475137757

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,232

Year Built

  • Built in 1957

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 55 x 135
  • Paved or Partially Paved Lot

Parking

  • 1.5 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,320 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Accessible Home Design

  • Accessibility Features
  • No Interior Steps
  • Level Entry For Accessibility

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near a park

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Water Softener is Owned

Community Details

  • Lions Park Subdivision, Ranch Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,232

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Lions Park
  • Year Built: 1957
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood, Water Softener Owned, Range Hood
  • Basement: Full
  • Accessibility Features: Main Level Entry, No Interior Steps
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1320
  • Other Equipment: Humidifier, Water-Softener Owned, CO Detectors
  • Room Type: Foyer
  • Estimated Total Finished Sq Ft: 1320
  • Assessed Sq Ft: 1320
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1320
  • Basement Sq Ft: 1320
  • Total Sq Ft: 2640
  • Unfinished Basement Sq Ft: 1320
  • Main Level Sq Ft: 1320
  • Door Features: Mirrored Closet Door(s),6 Panel Door(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 365000
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Driveway
  • ParkingTotal: 3
  • Number of Cars: 4.5
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lions Park Elementary School
  • High School: Prospect High School
  • Middle/Junior School: Lincoln Junior High School
  • Middle/Junior School District: 57
  • Elementary School #2: Westbrook School for Young Learners

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.16
  • Lot Dimensions: 55 X 135
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 7232.02
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2007
Sold by
Atg Trust Co
Bought by
Tran Toan and Pham Dung
Current Estimated Value
$445,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
6.18%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 12, 2004
Sold by
Speaker Rita M
Bought by
The Northern Trust Co and Trust #10123
Source: Public Records

Range of Values:

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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
Tran Toan $310,000 Nat
The Northern Trust Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Toan $233,500
Closed Tran Toan $241,000
Closed Tran Toan $25,000
Closed Tran Toan $22,000
Closed Tran Toan $248,000
Previous Owner The Northern Trust Co $161,000
Previous Owner The Northern Trust Co $160,000
Previous Owner The Northern Trust Co $84,500
Previous Owner Speaker Rita M $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $358,000 -1.9% $271 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $365,000 -- $277 / 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 $9,041 $31,049 $7,236 $23,813
2023 $8,190 $34,000 $7,236 $26,764
2022 $8,190 $34,000 $7,236 $26,764
2021 $7,314 $26,804 $4,703 $22,101
2020 $7,232 $26,804 $4,703 $22,101
2019 $7,227 $29,783 $4,703 $25,080
2018 $5,974 $22,961 $3,979 $18,982
2017 $6,008 $22,961 $3,979 $18,982
2016 $6,649 $27,527 $3,979 $23,548
2015 $6,272 $24,203 $3,256 $20,947
2014 $6,182 $24,203 $3,256 $20,947
2013 $6,159 $24,203 $3,256 $20,947
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Dawn Sullivan

    Redfin Corporation

    Section Image
  • Jarek Jastrzebski

    Buyer's Agent in 2022

    Jarek Jastrzebski

    eXp Realty

    (224) 628-3976

    3 in this area

    119 Total Sales

    Jarek Jastrzebski
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11643773

Midwest Real Estate Data (MRED)

APN: 08-12-407-004-0000

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

507 S Louis St, Mount Prospect, IL

This home is located at 507 S Louis St, Mount Prospect, IL 60056 since 07 October 2022 and is currently estimated at $445,270, approximately $337 per square foot. This property was built in 1957. 507 S Louis St is a home located in Cook County with nearby schools including Lions Park Elementary School, Lincoln Middle School, and Prospect High School.

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