NOT LISTED FOR SALE

701 E Prospect Ave Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $578,000 - $664,000

3 Beds
3 Baths
2,450 Sq Ft
1,437 Sq Ft Lot Lot

Sale Details

Date Sold: October 30, 2015

Last sale price $408,088 $167 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,458 / mo

57 Days on Market

Highlights

  • Recreation Room
  • Attached Garage
  • Kitchen Island
  • Lions Park Elementary School Rated 9+
  • Breakfast Bar
  • Forced Air Heating and Cooling System

About This Home

As of October 2015

Close 2 town & train! End unit-Several flr plans avail. Masonry exterior w/excellent ntrl lighting! Opn flr plans. Mstr suite w/walkin clst. 2nd flr lndry. Fin bsmnt. Att garages. Deck. Quality construction and finishes! Low monthly association. Late fall delivery. Same great builder who brought you Founders Row! 3D flr plans available for review.

Last Agent to Sell the Property

Gretchen Gullo

@properties Christie's International Real Estate License #471007647 Listed on: 03/10/2015

@properties Christie's International Real Estate

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Condominium

Year Built

  • 2014

Lot Details

  • 1,437

HOA Fees

  • $135 per month

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

2014

Lot Details

1,437 Sq Ft Lot

HOA Fees

$135 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Train
  • New/Proposed Construction Options: Appliance Package/Allowance, Bsmnt/Lower Lvl Finished, Deck/Patio/Screened Porch, Garage, Hardwood/Ceramic Floors, Landscaping
  • Unit Floor Level: 1
  • Age: NEW Under Construction
  • New Construction: Y
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2014
  • Type Attached: Townhouse-2 Story
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2014

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 17X14, On Level: Main Level
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 15X12, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 16X14, On Level: 2nd Level
  • Additional Room 1 Name: Recreation Rm, Dimensions: 14X20, On Level: Lower
  • Bedroom 2: Dimensions: 14X11, On Level: 2nd Level
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level
  • Estimated Sq Ft: 2450
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 21X15, On Level: Main Level

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 100
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Developer Controls
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Master Association Fee: Yes
  • Master Association Fee: 135
  • Assessment Association Fees: 135
  • Management Contact Name: New
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Builder

Schools

  • Junior High Dist: 57

Lot Info

  • Lot Dimensions: INTEGRAL
  • Parcel Identification Number: 08124280040000

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 2

Tax Info

  • Taxes: NEW

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2016
Sold by
Bought by
Current Estimated Value
$621,399

Purchase Details

Closed on
Feb 12, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,598
Outstanding Balance
$254,426
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$366,973

Purchase Details

Closed on
Jan 28, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,598
Outstanding Balance
$254,426
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$366,973

Purchase Details

Listed on
Mar 10, 2015
Closed on
Oct 30, 2015
Sold by
Bought by
Seller's Agent
Gretchen Gullo
@properties Christie's International Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$399,900
Sold Price
$408,088
Premium/Discount to List
$8,188
2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%
Original Mortgage
$366,572
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2013
Sold by
Bought by

Purchase Details

Closed on
Jan 23, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,500
Interest Rate
6.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 18, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
6.92%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Attorney
$403,500 Regency Title Services Inc
$414,500 Regency Title Services Inc
$408,000 Regency Title Services Inc
-- None Available
$900,000 None Available
$1,025,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $322,598
Closed $327,415
Previous Owner $366,572
Previous Owner $742,500
Previous Owner $875,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $408,088 +2.0% $167 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $399,900 -- $163 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,308 $54,000 $3,340 $50,660
2024 $12,308 $47,500 $8,000 $39,500
2023 $11,806 $47,500 $8,000 $39,500
2022 $11,806 $47,500 $8,000 $39,500
2021 $11,234 $39,383 $943 $38,440
2020 $11,070 $39,383 $943 $38,440
2019 $11,060 $43,759 $943 $42,816
2018 $11,262 $40,246 $798 $39,448
2017 $11,310 $40,246 $798 $39,448
2016 $10,028 $40,246 $798 $39,448
Source: Public Records

Agents Affiliated with this Home

  • Gretchen Gullo

    Seller's Agent in 2015

    Gretchen Gullo

    @ Properties

    (847) 208-9471

    1 in this area

    81 Total Sales

    Gretchen Gullo
    Section Image

  • N

    Buyer's Agent in 2015

    Non Member

    NON MEMBER

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08857276

Midwest Real Estate Data (MRED)

APN: 08-12-428-020-0000

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

701 E Prospect Ave, Mount Prospect, IL

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.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.