NOT LISTED FOR SALE

508 S George St Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $575,000 - $628,000

4 Beds
3 Baths
1,948 Sq Ft
$308/Sq Ft Est. Value

Last Sold August 03, 2015

Last sale price $389,000 $200 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,149/month

About This Home

As of August 2015

Expanded multi-level in Lions Park offers 3brs with upper level Great room offering vaulted ceilings - 2 skylights - wood-burning brick fireplace, wet bar, balcony deck & full bath or the ultimate master suite! Updated - open plan kitchen w/Quartz counters - cherry cabinets, stainless steel applcs & hardwood floors throughout. Walk out family rm to patio/fenced yard. New roof & chimney 2014. 2 car wide concrete drive

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2015
Closed on
Jul 31, 2015
Sold by
Neill Phyllis M O
Bought by
Johnson Michael and Johnson Melissa
Seller's Agent
Mark Kloss
@properties Christie's International Real Estate
Buyer's Agent
William Gerhardt
Baird & Warner
List Price
$394,500
Sold Price
$389,000
Premium/Discount to List
-$5,500
-1.39%
Current Estimated Value
$598,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,069
Avg. Annual Appreciation
3.84%
Original Mortgage
$369,500
Outstanding Balance
$297,749
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$269,965
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Johnson Michael $389,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Michael $369,500
Previous Owner Oneill Phyllis M $20,000
Previous Owner Oneill Phyllis M $103,000
Previous Owner Oneill Daniel J $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2015 08/03/15 Sold $389,000 -1.4% $200 / Sq Ft
06/23/2015 06/23/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $394,500 -- $203 / Sq Ft

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 $10,495 $40,991 $8,400 $32,591
2023 $10,063 $40,991 $8,400 $32,591
2022 $10,063 $40,991 $8,400 $32,591
2021 $10,073 $35,659 $5,460 $30,199
2020 $10,936 $38,943 $5,460 $33,483
2019 $10,926 $43,270 $5,460 $37,810
2018 $10,270 $37,006 $4,620 $32,386
2017 $10,317 $37,006 $4,620 $32,386
2016 $9,168 $37,006 $4,620 $32,386
2015 $8,775 $32,814 $3,780 $29,034
2014 $8,947 $33,878 $3,780 $30,098
2013 $8,921 $33,878 $3,780 $30,098
Source: Public Records

Agents Affiliated with this Home

  • Mark Kloss

    Seller's Agent in 2015

    Mark Kloss

    @ Properties

    (847) 456-8860

    17 in this area

    176 Total Sales

    Section Image
  • William Gerhardt

    Buyer's Agent in 2015

    William Gerhardt

    Baird Warner

    (630) 675-7575

    20 Total Sales

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Map

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

508 S George St, Mount Prospect, IL

This home is located at 508 S George St, Mount Prospect, IL 60056 and is currently estimated at $600,748, approximately $308 per square foot. 508 S George 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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