NOT LISTED FOR SALE

700 S Edgewood Ln Mount Prospect, IL 60056

Estimated Value: $615,000 - $726,921

4 Beds
2.5 Baths
2,397 Sq Ft
$286/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $445,000 $186 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,847/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Family Room with Fireplace
  • 2 Car Attached Garage
  • Lions Park Elementary School Rated 9+
  • Enclosed Patio or Porch
  • Living Room

About This Home

As of January 2023

RARE OPPORTUNITY EXISTS !!! PREMIER LOCATION in GOLF VIEW ESTATES . Longtime owners of over 45 + years have cared for this 4 bedroom/2.5 bath home on a 100x183 foot lot. Home features gracious room sizes, fireplace, an expansive 1st floor family room, attached 2 car garage and charming screened in porch, 4 bedrooms on second level. Hardwood floors under carpet in living & dining room & bedrooms. Backyard like no other----one of the largest lots in the neighborhood. Walk to the parks and Mount Prospect Golf Course. Close to Lions/ Lincoln and Prospect High School. 1 mile to the Metra Home being conveyed As-Is See agent remarks for additional info.

Last Agent to Sell the Property

Colleen Navigato

Compass License #475134714 Listed on: 10/21/2022

Compass

Last Buyer's Agent

Samuel Jensen

Baird & Warner License #475155157

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,484

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 100 x 183
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,397 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,484

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1959
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • LivingArea: 2397
  • Room Type: Enclosed Porch, Other Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Square Footage Comments: approx sq footage and lot dimension source Remine
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 459000
  • Lot Features: Irregular Lot
  • Waterfront: No
  • Exterior Building Type: Brick,Wood Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • 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

  • Middle/Junior School District: 57

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 100 X 183
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16

Tax Info

  • Tax Annual Amount: 3484.34
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Jan 10, 2023
Sold by
Linskey Barbara W
Bought by
Weiss Alexander and Geraghty Catherine
Seller's Agent
Colleen Navigato
Compass
Buyer's Agent
Samuel Jensen
Baird & Warner
List Price
$479,000
Sold Price
$445,000
Premium/Discount to List
-$34,000
-7.1%
Views
72
Current Estimated Value
$686,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,230
Avg. Annual Appreciation
15.11%
Original Mortgage
$400,500
Outstanding Balance
$389,771
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$254,534
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
Weiss Alexander $445,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiss Alexander $400,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2023 01/10/23 Sold $445,000 -3.1% $186 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/28/2022 10/28/22 Price Changed $459,000 -4.2% $191 / Sq Ft
10/21/2022 10/21/22 For Sale $479,000 -- $200 / 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 $13,379 $44,501 $16,244 $28,257
2023 $3,372 $54,001 $16,244 $37,757
2022 $3,372 $54,001 $16,244 $37,757
2021 $3,820 $49,617 $13,377 $36,240
2020 $3,484 $49,617 $13,377 $36,240
2019 $3,462 $55,131 $13,377 $41,754
2018 $3,869 $49,300 $12,421 $36,879
2017 $3,811 $49,300 $12,421 $36,879
2016 $4,057 $49,300 $12,421 $36,879
2015 $4,663 $46,616 $11,466 $35,150
2014 $4,489 $46,616 $11,466 $35,150
2013 $4,591 $46,616 $11,466 $35,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11653006

Midwest Real Estate Data (MRED)

APN: 08-11-312-006-0000