NOT LISTED FOR SALE

509 S Albert St Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $447,994 - $496,000

3 Beds
2 Baths
1,171 Sq Ft
$395/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 $462,749, approximately $395 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
$462,749

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
Interest Rate
4.87%
Mortgage Type
FHA

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:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
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 $308,750
Closed Michaels Mark P $304,385
Previous Owner Cerwin Paul $191,325
Previous Owner Cerwin Paul $200,000
Previous Owner Loeb Robert N $109,000
Previous Owner Loeb Robert N $85,000
Previous Owner Loeb Robert N $260,000
Previous Owner Loeb Robert N $226,000
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
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

This home is located at 509 S Albert St, Mount Prospect, IL 60056 and is currently estimated at $462,749, approximately $395 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.

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