NOT LISTED FOR SALE

509 S Albert St Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $442,020 - $544,000

3 Beds
2 Baths
1,171 Sq Ft
$412/Sq Ft Est. Value

About This Home

This home is located at 509 S Albert St, Mount Prospect, IL 60056 and is currently estimated at $482,755, approximately $412 per square foot. 509 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
Jul 11, 2018
Sold by
Cerwin Paul and Cerwin Marie
Bought by
Michaels Mark P and Michaels Rachel
Current Estimated Value
$489,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Outstanding Balance
$264,325
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$218,430

Purchase Details

Closed on
Aug 31, 2011
Sold by
Yellow Star Properties Llc
Bought by
Cerwin Paul and Strelka Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Yellow Star Properties Llc

Purchase Details

Closed on
Sep 2, 2010
Sold by
Loeb Robert N
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 10, 1998
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Loeb Robert N and Loeb Ellen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.59%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Michaels Mark P $310,000 Chicago Title
Cerwin Paul $250,000 Chicago Title Ins Co
Yellow Star Properties Llc $179,000 First American Title
Deutsche Bank National Trust Company -- Fatic
Loeb Robert N -- 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michaels Mark P $304,385
Previous Owner Cerwin Paul $200,000
Previous Owner Loeb Robert N $130,000
Source: Public Records

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
2025 $8,356 $39,000 $12,705 $26,295
2024 $8,356 $30,001 $10,588 $19,413
2023 $8,035 $30,001 $10,588 $19,413
2022 $8,035 $30,001 $10,588 $19,413
2021 $7,516 $24,120 $6,987 $17,133
2020 $7,360 $24,120 $6,987 $17,133
2019 $7,350 $26,800 $6,987 $19,813
2018 $5,703 $22,077 $6,140 $15,937
2017 $5,737 $22,077 $6,140 $15,937
2016 $5,202 $22,077 $6,140 $15,937
2015 $5,456 $21,395 $5,505 $15,890
2014 $5,380 $21,395 $5,505 $15,890
2013 $5,975 $23,559 $5,505 $18,054
Source: Public Records

Map

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

509 S Albert St, Mount Prospect, IL

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes